| Algeria >> 2/15/2016 - Algeria is in talks with oil producers within and outside Organization of Petroleum Exporting Countries (OPEC), to reach an agreement that would stabilize the oil market and raise prices, the Algerian... |
| Iran >> 2/13/2016 - Germany's giant chemical company BASF is planning to invest 4 billion dollars in Iran's petrochemical industry, a senior petrochemical official said. ... |
| Austria >> 2/11/2016 - OECD commercial oil stocks fell in December to stand at 2,974 mb, which is
around 310 mb higher than the latest five-year average. Crude and products
indicated surpluses of around 249 mb and 61 mb, ... |
| India >> 2/10/2016 - India has invited investments from the United Arab Emirates in a slew of oil projects as part of Prime Minister Narendra Modi's drive to attract greater foreign participation in upgrading and expandin... |
| Finland >> 2/10/2016 - China's Sunshine Kaidi New Energy Group said it is planning to invest about 1 billion euros ($1.13 billion) in a new wood-based biodiesel plant in Finland, offering a potential boost to the recession-... |
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Austria >> 2/7/2016 - Open interest volume (OIV) decreased in December for select US commodity markets such as agriculture, copper, natural gas and livestock, and precious metals, while it increased for crude oil. Meanwhil... |
| Venezuela >> 2/2/2016 - Rosneft Chaiman of the Management Board Igor Sechin held a working meeting with the Minister of Petroleum and Mining of the Bolivarian Republic of Venezuela, President of PDVSA, Eulogio Del Pino. ... |
| Italy >> 1/31/2016 - GE Oil & Gas announced a new Memorandum of Understanding that will lead to the investment of $600 million over the next five years in Italy. The MoU was signed in Florence by GE Oil & Gas at a ceremon... |
| Kazakhstan >> 1/26/2016 - South Korea's LG Chem said it had decided to drop a plan to jointly build a $4.2-billion petrochemical complex in Kazakhstan, citing a prolonged slump in oil prices and a sharp increase in facility in... |
| Nigeria >> 1/25/2016 - Further to its announcement of 21 January 2016, MX Oil is pleased to provide an update in connection with its Nigerian investment and proposed fund raising. The Company previously announced that it ha... |
| United States >> 1/21/2016 - The domestic oil and natural gas industry spent an estimated $168.7 billion in drilling approximately 46,488 oil and natural gas wells in 2014, according to API’s 2014 Joint Association Survey on Dril... |
| Tanzania >> 1/21/2016 - BG Group is investing $1.45 million over 5 years to help equip people living in East Africa with the skills needed to secure job opportunities in the emerging oil and gas sector. ... |
| China >> 1/20/2016 - Saudi Aramco is in advanced talks to invest in refineries in China and the company was also in talks with CNPC and Sinopec for investment opportunities in refining, marketing and petrochemicals, the c... |
| Russia >> 1/20/2016 - Bashneft has successfully closed a US$ 500 million financing transaction led by Société Générale and PJSC Rosbank (together, the ‘Société Générale Group’) and Vitol S.A (‘Vitol’) and involving leading... |
| Iran >> 1/20/2016 - Iranian Vice-President Eshaq Jahangiri said Iran welcomes foreign investors including private companies of EU members including Slovakia. ... |
| Austria >> 1/18/2016 - OECD commercial oil stocks fell in November to stand at 2,966 mb, around
267 mb higher than the latest five-year average. Crude oil and products indicated
a surplus of around 200 mb and 67 mb above ... |
| Thailand >> 1/18/2016 - Australia's Tap Oil Limited disclosed that an agreement has been signed with the Operator of the Manora Oil Development in the Gulf of Thailand, Mubadala Petroleum (Operator), for the settlement of th... |
| Iran >> 1/18/2016 - Iran's emergence from economic sanctions will help Europe to diversify its energy supplies, but the Islamic Republic will need to invest at least $150 billion in infrastructure to become a major produ... |
| Algeria >> 1/16/2016 - The government seeks new resources to fund its budget as oil price collapsed to less than $25. Experts warn against serious repercussions and expect strict measures to tighten the belt. ... |
| Thailand >> 1/12/2016 - Thailand's PTT Exploration and Production Pcl is considering cutting its $3.4 billion investment budget for this year due to declining oil prices, its chief executive said. ... |
