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Pemex Invests Projects with $23b
Mexico >> 12/8/2015 - In the presence of the President, Enrique Pena Nieto, Petroleos Mexicanos announced projects representing a total investment of 23 billion dollars that will generate more than 60,000 direct jobs. ...
Singapore and ARA Stock Movements - November 2015
Singapore and ARA Stock Movements - November 2015 Singapore >> 12/7/2015 - At the end of September, product stocks in Singapore rose by 2.0 mb, reversing a drop of 0.4 mb in August. At 55.3 mb, product stocks in Singapore were 10.2 mb or 23.8% above the same period a year ag...
US Stock Movements - November 2015
United States >> 12/4/2015 - Preliminary data for October shows that total commercial oil stocks in the US rose slightly by 1.1 mb, following a build during the last two months to stand at 1,303 mb. At this level, they were 163.4...
After Oil Price Drop, Algeria Eyes Subsidy System Reform
Algeria >> 11/28/2015 - Algeria's government is considering reforming its subsidy system, covering everything from energy and gas prices to food costs, to reduce spending as the OPEC country struggles with a sharp fall in oi...
Japan Stock Movements - November 2015
Japan Stock Movements - November 2015 Japan >> 11/27/2015 - In Japan, total commercial oil stocks rose by 1.6 mb in September for the third consecutive month to stand at 170.2 mb. At this level, Japanese commercial oil inventories stood 2.8 mb or 1.6% higher t...
China Stock Movements - November 2015
China Stock Movements - November 2015 China >> 11/26/2015 - The latest information for China showed a drop in total commercial oil inventories of 5.6 mb in September, following a 13.5 mb stock draw in August. At 401.8 mb, Chinese oil inventories were around 1....
Saudi Aramco to Invest More in Indonesia's Oil & Gas Sector
Indonesia >> 11/26/2015 - In the presence of Indonesian Vice President Muhammad Jusuf Kalla; Indonesia's state-owned PT Pertamina and Saudi Aramco, the state-owned oil company of Saudi Arabia, have signed a Heads of Agreement ...
Iran Can Attract $30b thru New Oil Contract Model
Iran >> 11/25/2015 - Iranian Minister of Petroleum Bijan Zangeneh said there is the prospect of entering oil investment deals to the tune of 30 billion dollars under the new contracts to be unveiled next week. ...
Indonesia's Pertamina Invests $2.14B in Upstream Assets in Jan-Oct 2015
Indonesia >> 11/24/2015 - Indonesia's state-owned energy company Pertamina invested $2.14 billion in upstream assets from January to October this year, its CEO Dwi Soetjipto said, with total capex reaching $2.89 billion as of ...
Algeria Sees Reserves Dropping Sharply In 2016
Algeria >> 11/22/2015 - Algeria's energy earnings are forecast to fall to $26.4 billion next year while foreign exchange reserves will dip to $121 billion after low oil prices cut into the OPEC nation's economy, Finance Mini...
Stock Movements - November 2015
Austria >> 11/16/2015 - OECD commercial oil stocks fell slightly in September to stand at 2,942 mb, around 210 mb higher than the latest five-year average. Crude and products indicated a surplus of around 170 mb and 40 mb,...
Sidi Kerir Petrochemicals 9 Month Net Profit Drops 8.4 Pct
Egypt >> 11/15/2015 - Egypt's Sidi Kerir Petrochemicals saw its 9-month net profit drop by 8.4 percent compared to the same period last year, the company said in a statement. ...
Dana Gas Plans More Cost Cuts Due to Low Oil Prices
Egypt >> 11/15/2015 - Dana Gas plans to cut costs in 2016 as the company gears up for a prolonged period of low crude prices, its chief executive said. ...
Eni Signs $2b Petroleum Exploration Deals in Egypt
Eni Signs $2b Petroleum Exploration Deals in Egypt Egypt >> 11/12/2015 - Eni signed with the Egyptian Government three amendments for the IEOC concessions of "Sinai 12 and Abu Madi", "North Port Said" and "Baltim", which is in partnership with BP, and signed one new Conces...
Japan Stock Movements- October 2015
Japan >> 11/10/2015 - In Japan, total commercial oil stocks rose by 1.1 mb in August, following a build of 8.9 mb in July to stand at 168.5 mb. At this level, Japanese commercial oil inventories stood 0.2 mb or 0.1% above ...
US Stock Movements- October 2015
United States >> 11/9/2015 - Preliminary data for September shows that total commercial oil stocks in the US rose by 12.4 mb, following a build of 15.4 mb in August, to stand at 1,301 mb. At this level, they were 157.3 mb or 13.8...
Tethys Signs LOI with Olisol for US$15 million Interim Financing & C$25.5 million Private Placement
Ireland >> 11/9/2015 - Tethys Petroleum has entered into a non-binding and indicative letter of intent ('LOI') with Olisol Investments setting out proposed terms upon which Olisol Petroleum, a wholly-owned subsidiary of Oli...
Iran Needs $1k Billion for 6th Development Plan
Iran >> 11/8/2015 - Iran will need an investment of more than a thousand billion dollars of which a quarter is needed to be supplied from foreign financiers, a senior presidential adviser said. ...
Gazprombank & International Co-Investors Close Deal for Investment into SIBUR’s Marine Terminal
Russia >> 11/3/2015 - A consortium comprising the Gazprombank and leading international investors has announced the completion of a deal to invest in a terminal in the commercial port of Ust-Luga (Russia) after obtaining a...
Investment Flows into Commodities Markets
Investment Flows into Commodities Markets Austria >> 11/2/2015 - Open interest volume (OIV) decreased in September for select US commodity markets such as agriculture, copper, natural gas, oil and precious metals, while it increased for crude oil and livestock. Mea...

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