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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. ...
New Iran Business Talks Confidential
Iran >> 10/4/2015 - British oil major BP says it is holding talks about returning to Iran for possible investment of billions of dollars in the country where it was founded more than a century ago. ...
Seacrest Announces Investment in OKEA AS
Norway >> 9/30/2015 - Seacrest Capital Group have partnered with OKEA AS, a new oil and gas development and production company that is headquartered in Trondheim, Norway. OKEA will focus on developing discovered oil and ga...
Golar Cameroon FLNG Project Reaches Major Milestone
Cameroon >> 9/30/2015 - Golar LNG Limited announces that its Cameroon floating liquefied natural gas project has reached a major milestone with the final approval by all parties of the Gas Convention for the project. This fi...
US Stock Movements - September 2015
US Stock Movements - September 2015 United States >> 9/27/2015 - Preliminary data for August shows that total commercial oil stocks in the US rose by 15.1 mb, reversing the decline of the previous month to stand at 1,288.9 mb. At this level, they were 158.2 mb or 1...
Global LNG-Prices Extend Losses as New Supplies Emerge
Egypt >> 9/26/2015 - Asian liquefied natural gas (LNG) prices for November delivery fell, marking the sixth straight week of losses for the fuel, as fresh supply weighed on market sentiment, though some traders saw potent...
Japan Stock Movements - September 2015
Japan Stock Movements - September 2015 Japan >> 9/25/2015 - In Japan, total commercial oil stocks rose by 8.9 mb in July, reversing June’s stock draw. At 167.4 mb, Japanese commercial oil inventories stood 4.9 mb or 3.0% higher than a year ago, but remained 4....
Algeria’s Resources to Drop to Nearly $35b in 2015
Algeria >> 9/21/2015 - The fall in oil prices in the international market is expected to cause a drop of nearly $35 billion of Algeria’s resources in 2015, said Sunday in Algiers Prime Minister Abdelmalek Sellal. ...
Algeria Considering 2016 Tax Hikes, Import Duties to Cover Deficit
Algeria >> 9/16/2015 - Algeria is considering higher taxes, import duties and a hike in subsidized diesel and electricity prices to help cover its deficit after a slump in crude oil prices eroded its revenues, a preliminary...
Ecopetrol & Occidental to Increase Output at Colombia's La Cira Field
Colombia >> 9/16/2015 - Colombia's state-run oil company Ecopetrol and U.S.-based Occidental Petroleum Co will invest up to $2 billion over 10 years to increase production at the La Cira-Infantas oil field, in a bid to reach...
Discovering New Gas Field Promotes Investment Opportunities
Egypt >> 9/15/2015 - Head of the German-Arab Chamber of Industry and Commerce and Chairman of the Bundestag's Committee on Economic Affairs and Energy Peter Ramsauer said Germany looks forward to promote investment opport...
Stock Movements - September 2015
Austria >> 9/15/2015 - OECD commercial oil stocks rose by 8.5 mb in July to stand at 2,925 mb, around 234 mb higher than same time one year ago, and about 202 mb above the latest five-year average. Crude oil and products ...
Morocco Oil Refiner Samir Plans $1.04b Capital Increase
Morocco >> 9/11/2015 - Morocco oil refiner Samir said it was planning a capital increase of 10 billion Moroccan dirham ($1.04 billion) in an effort to end the company's financial difficulties. ...
Low Oil Prices to Hit Non-OPEC Output, Boost Demand in 2016
Egypt >> 9/11/2015 - Low crude oil prices will lead to a pick up in demand and next year may cause the biggest drop in non-OPEC output in nearly a quarter of a century, the IEA said. ...
Morocco Oil Refiner Samir Falls to $223m H1 Loss
Morocco >> 9/10/2015 - Morocco's Samir made a 2.17 billion dirham ($223 million) first-half loss hurt by maintenance in January and February, the oil refiner said. ...
Egypt Aims to Cut Arrears to $2.5b Owed to Foreign Oil Firms
Egypt >> 9/9/2015 - Egypt paid foreign oil companies $600 million in arrears in August and still owes them $2.9 billion, the petroleum minister told Reuters. ...
Eni Sees Egyptian Gas Field Investment at $6-10 bln
Egypt >> 9/9/2015 - Eni expects a total investment of between $6-10 billion for the development of the Zohr gas field in Egypt, the chief executive of the Italian oil and gas group told a senate hearing in Rome. ...
Algeria H1 Oil, Gas Export Volumes down 4.6 Pct
Algeria >> 9/8/2015 - Algeria's energy export volumes dropped 4.59 percent in the first half of 2015 from a year earlier, prompting a 43.1 percent decline in earnings, the central bank said. ...
SOCAR President Rovnag Abdullayev Visited Petkim
Azerbaijan >> 9/8/2015 - SOCAR President Rovnag Abdullayev, vice-presidents of the company Suleyman Gasimov, Elshad Nassirov, and Badal Badalov, Head of SOCAR's Investment Department and Chairman of the Board of Directors at ...
SOCAR President Meets with Prime Minister of Malta
Azerbaijan >> 9/7/2015 - During the visit to Malta, SOCAR President Rovnag Abdullayev met with Prime Minister Joseph Muscat. The event, attended by Energy Minister Konrad Mizzi as well, discussed SOCAR’s investment project in...

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