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BHGE Signs MOU in Support of Qatar Petroleum’s Tawteen Program
BHGE Signs MOU in Support of Qatar Petroleum’s Tawteen Program Qatar >> 2/18/2019 - Baker Hughes, a GE company, the world’s first fullstream oil and gas company, has signed a Memorandum of Understanding (MoU) with Qatar Petroleum (QP) to unlock new opportunities to expand its presenc...
Gazprom Neft Supports the Development of the Omsk Oblast
Russia >> 2/14/2019 - Gazprom Neft has concluded a cooperation agreement with the Government of the Omsk Oblast at this year’s Russian Investment Forum in Sochi, signed by Alexander Dyukov, CEO and Chairman of the Manageme...
Gazprom Neft’s Construction of A Catalyst Plant in Omsk Endorsed
Russia >> 2/14/2019 - Gazprom Neft, the Ministry of Industry and Trade of the Russian Federation and the Government of the Omsk Oblast have concluded a special investment contract on establishing a high-tech oil refining c...
BHP Approves Funding for Atlantis Phase 3 Project & Trion Field Appraisal in Mexico
Mexico >> 2/13/2019 - BHP has approved US$696 million (BHP share) in funding to develop the Atlantis Phase 3 project in the US Gulf of Mexico. This follows sanction by BP, as the Operator, of the Atlantis Phase 3 project, ...
Nigeria to Boost Domestic Gas Supply by 600mmscfd
Nigeria >> 2/13/2019 - A major step on attaining sufficiency in domestic gas supply was taken by the Nigerian National Petroleum Corporation (NNPC) Wednesday in Abuja with the execution of Final Investment Decision (FID) on...
SIBUR to Improve Polybutadiene Rubber Production Efficiency in Voronezh
Russia >> 2/12/2019 - SIBUR has decided to launch an investment project aimed at enhancing polybutadiene rubber (Nd-BR) production efficiency at its Voronezh facility (Voronezhsintezkauchuk). The project will involve a lar...
Iraq's Basrah Gas Company to Increase Capacity by 40 pct
Iraq >> 2/12/2019 - Iraq’s Basrah Gas Company will increase its capacity by 40 percent as part of an investment plan, Royal Dutch Shell said. ...
Tethys Oil Announces Plans for Blocks in Oman
Oman >> 2/12/2019 - Under current market conditions and production assumptions, Tethys Oil expects its 2019 investments for the company’s existing operations on Blocks 3&4 and Block 49 in Oman to amount to US$50-55 milli...
Black Sea Oil & Gas Moves Forward with the Midia Gas Development Project
Romania >> 2/7/2019 - Black Sea Oil & Gas SRL (BSOG) together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas Plus International B.V. (“Gas Plus”) are pleased to announce that they hav...
ExxonMobil & QP to Proceed with Golden Pass LNG Export Project
United States >> 2/5/2019 - ExxonMobil and partner Qatar Petroleum have made a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas. Construction will begin in...
Severstal Announces 2019 Capital Investment Programme
Russia >> 2/4/2019 - PAO Severstal ("Severstal"; "the Company"), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its capital investment programme for 2019. <...
Greek Bank to Take Part in Syndicated Financing Scheme for TAP
Azerbaijan >> 1/31/2019 - Piraeus Bank was assigned as Onshore Account Bank in the syndicated financing scheme of € 3,9bn for the construction of TAP pipeline. ...
Saudi Arabia Hopes to Lure over $425B in Investments
Saudi Arabia >> 1/29/2019 - Saudi Arabia launched an ambitious programme which it hopes will attract $427 billion in investments in the industrial and logistics sectors, as the Opec group leader bids to reduce dependence on oil....
ExxonMobil to Proceed with New Crude Unit as Part of Beaumont Refinery Expansion
United States >> 1/29/2019 - ExxonMobil has reached a final investment decision and started construction on a new unit at its Beaumont, Texas refinery that will increase crude refining capacity by more than 65 percent, or 250,000...
BP Invests in New Artificial Intelligence Technology
United Kingdom >> 1/28/2019 - BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its Upstream business. The investment su...
Air Liquide Makes a Strategic Investment in the Production of Decarbonated Hydrogen by Electrolysis
France >> 1/24/2019 - Air Liquide announces that it acquired an 18.6% stake in the capital of the Canadian company Hydrogenics Corporation, a leader in electrolysis hydrogen production equipment and fuel cells. This strate...
Total to Go Ahead with Ikike Oil Project in Nigeria
Nigeria >> 1/21/2019 - French oil group Total will approve plans to proceed with the Ikike project in Nigeria in the coming months, and also aims to expand its liquefied natural gas (LNG) project in the country, CEO Patrick...
Eni's Overall Investments in Egypt Total $13 Billion Since 2015
Eni's Overall Investments in Egypt Total $13 Billion Since 2015 Egypt >> 1/16/2019 - Major Italian oil company Eni has had overall investments of $13 billion in Egypt since 2015, the CEO of the company Claudio Descalzi told Egypt’s President Abdel-Fattah El-Sisi in a meeting in Cairo....
Spirit Energy Gets Approval for Oda Field Start Up
Norway >> 1/7/2019 - The Norwegian authorities have approved the application for start-up of theOda field in the North Sea. Operator Spirit Energy expects start-up in February/March. Total investments for the development ...
Iran to Boost Investment in India
India >> 1/2/2019 - Iran will invest about 15 billion rupees to expand a refinery run by Chennai Petroleum Corp. in south India, the company’s managing director said, amid U.S. sanctions on the Persian Gulf nation that h...

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