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Sanctions Relief No Guarantee for Foreign Investment
Iran >> 7/1/2015 - Head of National Petrochemical Company (NPC) Abbas Shari-Moqaddam says setting long-term feedstock prices as well as providing petrochemical infrastructure and stabilizing regulations are the key leve...
Algeria's Q1 Oil, Gas Output Down 6 Pct, Investment Up
Algeria >> 7/1/2015 - Algeria's oil and natural gas output fell by 6 percent in the first quarter of 2015 from a year earlier despite an increase in investment, state radio reported on Wednesday citing the energy ministry....
Shell to Fund Appomattox GoM Deepwater Development
United States >> 7/1/2015 - Royal Dutch Shell plc (Shell) announces the final investment decision (FID) to advance the Appomattox deep-water development in the Gulf of Mexico. This decision authorises the construction and instal...
Shell Takes FID for the Appomattox Deep-Water Development in GOM
Mexico >> 7/1/2015 - Royal Dutch Shell plc (Shell) announces the final investment decision (FID) to advance the Appomattox deep-water development in the Gulf of Mexico. This decision authorises the construction and instal...
Petrobras Slashes Capex in Bid to Cut Debt
Brazil >> 6/29/2015 - Brazil's state-run oil company Petrobras slashed its long-term spending plan to the lowest level in eight years on Monday as new management moved to reduce the industry's largest debt burden and resto...
Singapore and ARA Stock Movements - June 2015
Singapore and ARA Stock Movements - June 2015 Singapore >> 6/29/2015 - At the end of April, product stocks in Singapore rose by 1.1 mb, reversing the drop of last month to stand at 44.8 mb, which was 1.0 mb or 2.3% below the same period a year ago. Within products, middl...
Investment Flows into Commodities Markets
Investment Flows into Commodities Markets Austria >> 6/27/2015 - Total open interest volume (OIV) in selected US commodity markets decreased slightly by 0.53% to 8.87 million contracts in May, driven by declines in the OIV for crude oil, agriculture and natural gas...
China's CITIC to Invest $113 Billion for Silk Road Investments
China >> 6/24/2015 - China's CITIC Ltd., the state-owned conglomerate, said on Wednesday that its banking, securities, trust and construction divisions will jointly invest more than 700 billion yuan ($112.79 billion) to s...
SHARC Gets its Teeth into £4m Investment Deal
Scotland >> 6/24/2015 - SHARC Energy Systems has secured a £4million investment from Equitix and the UK Green Investment Bank plc (GIB) to finance the installation of the SHARC sewage heat recovery system under heat purchase...
Essar Oil UK Agrees New Funding Facilities for Stanlow Refinery
United Kingdom >> 6/23/2015 - Essar Oil UK has secured new long-term working capital facilities for its Stanlow refinery in the northwest of England, it said, replacing an existing agreement with Barclays Bank. ...
The Carlyle Group Commits up to $500 Million to Magna Energy Ltd.
China >> 6/22/2015 - The Carlyle Group, announced that it is committing an equity line up to $500 million in Magna Energy Ltd, an upstream oil and gas company led by Dr Mike Watts and Jann Brown, who have sixty years’ co...
Egypt Earmarks $8 bln for Fuel Subsidies in 2015/2016
Egypt >> 6/20/2015 - Egypt's draft 2015/2016 budget earmarks 61 billion Egyptian pounds ($8 billion) for fuel product subsidies, Tarek El Molla, chairman of state-run Egyptian General Petroleum Corp (EGPC), said in a stat...
Rosneft Signed Cooperation Agreement with the Republic of Karelia
Russia >> 6/20/2015 - Chairman of Rosneft Management Board Igor Sechin and Head of the Republic of Karelia signed additional cooperation agreement at St.Petersburg International Economic Forum. ...
US Stock Movements - June 2015
US Stock Movements - June 2015 United States >> 6/20/2015 - Preliminary data for May shows that total commercial oil stocks rose slightly by 1.9 mb after increasing sharply by more than 30 mb in March and April to stand at 1252.0 mb. With this build, they were...
Bashneft & Sberbank of Russia Sign a Strategic Cooperation Agreement
Russia >> 6/18/2015 - Bashneft and OJSC Sberbank of Russia have concluded a Strategic Cooperation Agreement until 2018 as part of the 19th Saint Petersburg International Economic Forum. The document was signed by the Compa...
RDIF & Leading International Investors to Invest in ZapSibNeftekhim Facility Construction Project
Russia >> 6/18/2015 - A consortium comprising the Russian Direct Investment Fund (RDIF) and leading international investors, have agreed to invest in the development of ZapSibNeftekhim, SIBUR’s integrated petrochemical fac...
Veolia, Peterson Team up for Southern North Sea Decommissioning
United Kingdom >> 6/17/2015 - Peterson, the international energy logistics provider in partnership with Veolia the UK’s leading environmental solutions provider, has announced a £ 1 million investment in the development of a new, ...
Gazprom Invests RUB 242.5 Billion into Russian Regions Gasification within 10 Years
Gazprom Invests RUB 242.5 Billion into Russian Regions Gasification within 10 Years Russia >> 6/17/2015 - On the threshold of Gazprom’s annual General Shareholders Meeting the Company’s headquarters hosted today Press Conference “Gas Supply to Domestic Market. Executing Russian Regions Gasification Progra...
KrisEnergy to Rise $123M for Thailand & Bangladesh Development Projects
Thailand >> 6/15/2015 - Singapore-based KrisEnergy Ltd. (KrisEnergy or the Company), an independent upstream oil and gas company, announced Monday an underwritten renounceable rights issue (the Rights Issue) to support the C...
Bashneft to Invest 3 billion Roubles in Construction of an Oil Sludge Processing Unit
Russia >> 6/15/2015 - PJSOC Bashneft has signed a contract with KMT International for the design and supply of equipment for an oil sludge processing unit. The Company plans to put the unit into operation in 2017 at the si...

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