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Cairn Energy Provides Update on Its Assets in India
India >> 7/9/2018 - Cairn Energy has provided an update on its ongoing arbitration with the Government of India under the UK-India Bilateral Investment Treaty. All of the written submissions by Cairn and the Government o...
Q2 2018 Revenue Update
United States >> 7/9/2018 - Based on preliminary reporting from operating units, TGS management expects net revenues for the second quarter of 2018 to be approximately USD 158 million, 47% higher than Q2 2017. ...
Saudi Aramco Rrebalances its Asia Crude Oil Benchmark
Saudi Arabia >> 7/4/2018 - Saudi Aramco announced that it is adjusting its Asia crude oil pricing marker in an effort to increase the overall reliability of its crude oil pricing. ...
Sound Energy Announces $15M Placing
Morocco >> 7/2/2018 - Sound Energy, the Moroccan focused upstream gas company, is pleased to announce a placing of new ordinary shares to raise US$15 million before costs (the "Placing"). The net proceeds of the Placing of...
Sonangol Settles Cobalt Energy Dispute with $350m Payment
Angola >> 6/29/2018 - Angola’s state energy firm Sonangol said on Friday it made a $350 million payment this month to Cobalt International Energy to settle a dispute over oil block sales. ...
Gulf Keystone Announces Operational & Corporate update
Iraq >> 6/22/2018 - Gulf Keystone, operator of the Shaikan Field in the Kurdistan Region of Iraq, provides an operational and corporate update. ...
Congo Republic Becomes OPEC Oil Cartel's Newest Member
Congo >> 6/22/2018 - Congo Republic, one of Africa’s major oil producers, has joined the Organization of the Petroleum Exporting Countries (OPEC), OPEC said in a statement on Friday. ...
Solo Oil Provides Update on Helium One Investment
Tanzania >> 6/21/2018 - Solo Oil plc, the natural resources investment company focused on acquiring and developing a diverse global non-operated portfolio of strategic oil and gas assets, is pleased to announce continued pro...
Genel Energy Receives Payment for KRI Oil Exports
Iraq >> 6/20/2018 - Genel Energy plc notes the announcement from DNO ASA, as operator of the Tawke PSC, that the Tawke partners have received $62.19 million from the Kurdistan Regional Government ('KRG') as payment for M...
Oil Traders Are Tracking OPEC's Meeting on June 22
Austria >> 6/20/2018 - The Organization of the Petroleum Exporting Countries (OPEC) meets on 22 June 2018 to decide output policy amid calls from major consumers such as the United States and China to cool down oil prices a...
Linxing Gas Sales Agreement Extension
China >> 6/6/2018 - Sino Gas & Energy Holdings Limited’s (Sino Gas) Joint Venture company, Sino Gas & Energy Limited (“SGE”), in conjunction with its Linxing Production Sharing Contract Partner, China United Coalbed Me...
UAE's ADNOC May Sell More of Distribution Business
United Arab Emirates >> 6/5/2018 - Abu Dhabi National Oil Company is considering selling another 10 percent stake in its fuel distribution business, which listed in an initial public offering last year, but the timing is uncertain, thr...
Wentworth Provides Payment update
Tanzania >> 6/1/2018 - Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, provides an update to shareholders. ...
BHGE and TREXM Partner in Nigeria
Nigeria >> 6/1/2018 - Baker Hughes, a GE company, has unveiled plans to partner with local firm, TREXM Oil and Gas Services to bring about its latest innovating metering solution into the Nigerian market. this, it said, wo...
Proposed Acquisition of Sino Gas by Lone Star
China >> 5/31/2018 - Sino Gas & Energy Holdings Limited has entered into a Scheme Implementation Agreement with a wholly owned subsidiary of Lone Star Fund X Acquisitions, LLC (together with its affiliates, “Lone Star”) u...
Ophir Provides Fortuna Update
Equatorial Guinea >> 5/31/2018 - We note the announcement by Golar LNG Partners’ regarding the dissolution of its OneLNG joint venture with Schlumberger. Whilst it is disappointing that Schlumberger will no longer be part of the part...
Siemens Gamesa Secures €2.5B Revolving Credit Facility
Spain >> 5/30/2018 - Siemens Gamesa Renewable Energy has signed a €2.5 billion multi-currency term and revolving credit facility, enhancing its long-term financial structure. ...
Dana Gas Receives $40M from Egypt
Dana Gas Receives $40M from Egypt Egypt >> 5/28/2018 - Dana Gas PJSC, the Middle East's largest regional natural gas company, has received $40 million (AED 146.8m) from the Egyptian Government towards paying down its receivables. With this payment Dana G...
Gazprom Neft & Sberbank Sign Memorandum of Intent
Russia >> 5/25/2018 - Gazprom Neft and Sberbank have signed a Memorandum of Intent at this year’s St Petersburg International Economic Forum, the signatories to the document being Vadim Yakovlev, First Deputy CEO, Gazprom ...
ANP Approves Neon (Echidna) & Goia (Kangaroo) Declaration of Commerciality
Brazil >> 5/25/2018 - Karoon has received approval from the ANP for the Neon (Echidna) and Goia (Kangaroo) Declaration of Commerciality. ...

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