Gulf Oil and Gas accountACCOUNT

Financials and Investment News

Balance of Supply and Demand - April 2017
Austria >> 4/12/2017 - Demand for OPEC crude in 2016 stood at 31.7 mb/d, which is 1.9 mb/d higher than 2015 levels. In 2017, the demand for OPEC crude is projected to reach 32.2 mb/d, around 0.6 mb/d higher than the previ...
Santos Repays US$250 Million of 2019 ECA Loan Facility
Australia >> 4/11/2017 - Santos has announced the early repayment of US$250 million of its US$12 billion Export Credit Agency (ECA) supported Uncovered Syndicated Facility, scheduled to mature in 2019. The repayment will be m...
U.S. Shale Drilling Expenditures up in 2015
United States >> 4/10/2017 - The domestic oil and natural gas industry spent an estimated $122.8 billion in drilling approximately 28,809 oil and natural gas wells in 2015, according to API’s 2015 Joint Association Survey on Dril...
Oman to Seek $5b Bank Finance for $7b Duqm Refinery Project
Oman >> 4/10/2017 - Duqm Refinery, a 50:50 joint venture between the Sultanate’s state-owned Oman Oil Company and Kuwait Petroleum International, is seeking 65 per cent of its $7 billion capital expenditure for building ...
Marubeni and GRID’s Capital/Business Alliance
Japan >> 4/10/2017 - Marubeni Corporation (Marubeni) and GRID, Inc. (GRID) agreed to conduct a capital and business alliance to develop and implement solutions using Artificial Intelligence (Al) technology for the Maruben...
SOCAR’s Budget Payments for March 2017
Azerbaijan >> 4/7/2017 - SOCAR paid AZN 133 million 985 thousand to the State Budget for March of the current year that is AZN 24 million 737 thousand (122,6%) more than the same period of 2016. In general, for January-March ...
Gazprom Neft Successfully Completes Rub15 Billion Placement
Russia >> 4/6/2017 - Gazprom Neft has successfully closed the book-building of its series 001P-01R exchanged-traded bonds, with a nominal value of RUB15 billion, a maturity of five years, and a semi-annual coupon period. ...
API Releases New Study on Impacts of Restricting Fossil Fuel Production
United States >> 4/5/2017 - API President and CEO Jack Gerard stressed the need for forward-looking energy policies that embrace the U.S. energy renaissance as API released a new study examining the negative impacts of policies ...
AfDB Funds Tanzania’s NG Market with 29.8 Million Loan
Tanzania >> 4/5/2017 - The African Development Bank (AfDB) has approved a USD 29.8 Million loan to Tanzania to help the country mobilize domestic resources and unlock the potential of its natural gas resources through lever...
FAR Announces $80 Million Capital Raising
Gambia >> 4/5/2017 - FAR Ltd is pleased to announce a fully-underwritten placement to institutional and sophisticated investors to raise approximately $80 million before expenses by issuing 1,000 million shares (Placement...
Saudi Arabia to Switch Crude Oil Pricing for European Refiners
Saudi Arabia >> 4/4/2017 - Saudi Arabia is to tweak the benchmark it uses to sell its crude in Europe, in a concession to refiners in the region that have long complained about their ability to hedge using the current measure. ...
Abu Dhabi National Energy Co (TAQA) Considering Formosa Bond, Sukuk
United Arab Emirates >> 4/3/2017 - Abu Dhabi National Energy Co (TAQA) is considering debt funding options including a formosa bond, sukuk and bank loans, the company's spokesman said. TAQA will raise the funding to cover debt maturiti...
Teekay Offshore Partners Declares Distribution
Canada >> 4/3/2017 - Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership), has declared a distribution of $0.11 per unit for the quarter ended March 31, 2017. T...
Teekay LNG Partners Declares Distribution
Canada >> 4/3/2017 - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership), has declared a cash distribution of $0.14 per unit for the quarter ended March 31, 2017. The cash distri...
Teekay Corporation Declares Dividend
Canada >> 4/3/2017 - Teekay Corporation (Teekay) announced that its Board of Directors has declared a cash dividend on its common stock of $0.055 per share for the quarter ended March 31, 2017. The cash dividend is payabl...
ANP's Notice on Government Participation in Lula Field
Brazil >> 3/31/2017 - Petroleo Brasileiro S.A. – Petrobras informs that Consortium BM-S-11 received, on March 30th, 2017, a notice issued by the National Petroleum, Natural Gas and Biofuels Agency - ANP, regarding Lula Fie...
2017 Work Programme & Financing Agreed with Oil India
Russia >> 3/31/2017 - PetroNeft (PTR) an oil and gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to announce that it has...
LEKOIL Agrees Advance Payment Facility with Shell
Nigeria >> 3/31/2017 - LEKOIL, the oil and gas exploration, development and production company with a focus on Africa, announces that its wholly owned subsidiary, LEKOIL Oil and Gas Investments Limited (LOGL), has agreed an...
Petrochina 2016 Profit Sinks 78% On Lower Crude Prices
China >> 3/30/2017 - China's largest oil and gas producer, PetroChina, on Thursday reported a drop of 78 percent in 2016 annual net profit, to its lowest since at least 2011, as it was hit by lower prices for crude oil an...
Saudi Aramco Formally Appoints Banks to Advise on Share Sale
Saudi Arabia >> 3/30/2017 - Saudi Aramco has formally appointed JPMorgan Chase & Co (JPM.N), Morgan Stanley (MS.N) and HSBC (HSBA.L) as international financial advisers for its initial public offering, sources familiar with the ...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.