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Tullow Delays Uganda Oilfield Sanction to Early 2017
Uganda >> 10/27/2015 - Britain's Tullow Oil plans to take a final investment decision (FID) on a new oilfield project in Uganda in early 2017, later than planned, Chief Executive Aidan Heavey told Reuters. Tullow discovered...
Eni will Re-Start an Aggressive Exploration Campaign
Egypt >> 10/27/2015 - Italy's Eni will re-start an aggressive exploration campaign once crude prices rise to $70 dollars a barrel, the company's chief exploration officer said. ...
GE to Invest Up to $1 Billion in Indonesia’s Power, Oil and Gas, and Healthcare Sectors
Indonesia >> 10/26/2015 - GE announced that it will invest up to $1 billion in the power, oil and gas, and healthcare sectors to support Indonesia’s accelerated economic growth. The announcement was made on the sidelines of a ...
Total Ready to Tech Transfer, Finance Iran Post-Sanction Oil Projects
Iran >> 10/25/2015 - The President Middle East and North Africa of Total Exploration and Production said France’s energy giant is ready for financing Iran’s oil projects as well as for transferring of technology following...
BP Commits $229M to 3 Offshore Blocks with Eni & Total
Egypt >> 10/21/2015 - BP Plc said it had been awarded three new offshore exploration blocks in Egypt and that it and its partners had committed to investment of $229 million. ...
India's ONGC Targets $10-$12 bln Foreign Oil & Gas Investments
India >> 10/20/2015 - The foreign investment arm of India's top oil explorer ONGC is targeting $10-$12 billion of oil and gas asset purchases over the next three years, including more corporate acquisitions, its managing d...
Russia's Gazprom says 2015 Investment Programme Revised to 1.043 trln Roubles
Russia >> 10/20/2015 - Russia's Gazprom has revised its 2015 investment programme to 1.043 trillion roubles ($16.8 billion), the state gas company said in a statement. ...
Gazprom Approves Adjusted Investment Program & Budget and Cost Reduction Program for 2015
Russia >> 10/20/2015 - The Gazprom Board of Directors approved the adjusted Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2015. ...
Moroccan Samir Gets Backing For $1.04 Bln Capital Increase
Morocco >> 10/19/2015 - Moroccan oil refiner Samir said it has won the backing of its extraordinary general assembly for a capital increase of 10 billion Moroccan dirhams ($1.04 billion) in an effort to end the company's fin...
Stock Movements- October 2015
Austria >> 10/17/2015 - OECD commercial oil stocks rose by 9.3 mb in August to stand at 2,933 mb, around 194 mb higher than both the same time one year ago and the latest fiveyear average. Crude oil and products indicated ...
Schneider Electric Makes Strategic Investments in Singapore
Singapore >> 10/16/2015 - Schneider Electric, the global specialist in energy management and automation, will make significant new investments to strengthen its presence in Singapore. The company will cumulatively invest aroun...
IFC Launches Program to Increase Energy Access in Tanzania
Tanzania >> 10/15/2015 - IFC, a member of the World Bank Group, this week launched a $5 million program to increase access to energy in Tanzania by developing a market for mini-grids. The initiative aims to bring affordable, ...
Air Liquide Signs Long-Term Contract with Major Petroleum Group in China
China >> 10/12/2015 - Air Liquide signed a new long-term contract with Yan'an Energy and Chemical Co., a subsidiary of Yanchang Petroleum Group, one of the four largest Chinese companies for oil and natural gas exploration...
Iran to Launch Over 50 New Oil Projects
Iran >> 10/12/2015 - Iran says it plans to introduce above 50 new oil projects to international investors in what will be a key section of the country’s plans to boost oil production in an emerging post-sanctions era. ...
Sonatrach to Maintain Good Level of Investments
Algeria >> 10/7/2015 - CEO of Sonatrach Amine Maazouzi said Monday in Oran that the Group "will maintain a significant share of its investments, despite the current situation" marked by the oil price fall in the world marke...
LGO Raises £1 million for further Goudron Investment
Trinidad and Tobago >> 10/5/2015 - LGO has raised £1.0 million before expenses, by way of a Company arranged placing of 111,111,110 new ordinary shares at a placing price of 0.9p per share. ...
Brazil's Petrobras Cuts Spending Plan for 2nd Time in 3 Months
Brazil >> 10/5/2015 - State-led Petroleo Brasileiro SA , struggling with the biggest debt load among global oil firms, cut $11 billion from capital spending plans for this year and next as Brazil's currency and oil prices ...
Investment Flows into Commodities Markets
Investment Flows into Commodities Markets Austria >> 10/5/2015 - Open interest volume (OIV) in selected US commodity markets increased in August for agriculture and copper, while it decreased for crude oil, livestock, natural gas and precious metals. Meanwhile, spe...
China Stock Movements - September 2015
China Stock Movements - September 2015 China >> 10/4/2015 - The latest information for China showed an increase in total commercial oil inventories of 8.9 mb in July to stand at 420.9 mb, which was around 13.6 mb above the previous year at the same time. Withi...
Iran to Present Oil Projects Late Oct. 2015
Iran >> 10/4/2015 - Iran says it will showcase its most attractive oil and gas projects to investors in a conference in capital Tehran later this month. ...

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