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TGS Announces Strong Cash Flow & 39% Dividend Growth
United States >> 2/12/2020 - TGS reported net segment revenues of USD 232 million for Q4 2019, a growth of 23% compared to USD 188 million in Q4 2018. The strong performance was mainly driven by improved sales momentum in Latin A...
President Proposes $188.8M in Fiscal Year 2021 for BOEM
United States >> 2/10/2020 - President Trump proposed a $188.8 million Fiscal Year (FY) 2021 budget for BOEM to safely and responsibly manage offshore energy and mineral resources. ...
InfraStrata Acquires Asset Backed Term Debt Facility
United Kingdom >> 2/10/2020 - InfraStrata, the UK quoted company focused on strategic infrastructure projects and physical asset life-cycle management, is pleased to announce that its subsidiary, Harland and Wolff (Belfast) Limite...
Impact Oil & Gas Announces Capital Raising of $40million
Namibia >> 2/7/2020 - Impact Oil & Gas Limited, the privately-owned, African-focused exploration company, is pleased to announce that it has secured funds, with gross proceeds of approximately USD 40 million, by way of an ...
DNO Reports Record Revenues, Production; Steps Up Returns to Shareholders
Norway >> 2/6/2020 - DNO ASA, the Norwegian oil and gas operator, reported interim 2019 revenues of USD 971 million, the highest in the Company's 48-year history, on the back of acquisitions and a record drilling campaign...
Wood Reaches Agreement to Sell Industrial Services Business
United Kingdom >> 2/5/2020 - John Wood Group PLC announces the sale of its industrial services business to technical services provider, Kaefer, for an initial cash consideration of circa $104 million and a further potential payme...
NASCO Completes Investment Grade Refinance
United States >> 2/4/2020 - NASCO Energie & Rohstoff AG (NASCO), has completed a securitization transaction to refinance the debt secured by its helium assets at DBK Field in Arizona. The $83 million securitization transaction f...
Solo Oil Provides Update on Proposed Transaction with ONE Dyas
Netherlands Antilles >> 2/4/2020 - Solo, the AIM investing company, targeting attractive production and development opportunities within the European gas market, announces that, further to the update provided by the Company on 20 Decem...
Genel Energy PLC Receives Payment for KRI Oil Exports
Iraq >> 1/8/2020 - Genel Energy plc has announced that the Taq Taq partners have received a gross payment of $6.7 million from the Kurdistan Regional Government ('KRG') for oil sales during August 2019. Genel's net shar...
Loan to Anglo African Oil & Gas plc
Congo >> 1/6/2020 - Zenith Energy Ltd., has reached an agreement to provide a secured loan facility ( the “Facility”) to Anglo African Oil & Gas plc (“AAOG”) for a total amount of £250,000. ...
Occidental Announces Successful Strategic and Financial Initiatives
United States >> 1/6/2020 - Occidental Petroleum Corporation provided an update on its execution against key strategic and financial initiatives designed to maximize shareholder value following the close of its acquisition of An...
Project Finance Documentation Signed for Amur Gas Processing Plant
Russia >> 12/24/2019 - Gazprom Pererabotka Blagoveshchensk and Gazprom completed the signing of project finance documentation for the construction of the Amur Gas Processing Plant (GPP). ...
APICORP Agrees $250M in Loans with Sonatrach Subsidiary
Algeria >> 12/23/2019 - The Arab Petroleum Investments Corporation (APICORP) said it has agreed to two loans worth a combined $250 million with Sonatrach Petroleum Investment Corporation, a subsidiary of Algerian state-owned...
INPEX Achieves Financial Completion for Ichthys LNG Project
Australia >> 12/20/2019 - INPEX CORPORATION (INPEX) announced that the INPEX-operated Ichthys LNG Project has successfully achieved financial completion under its project financing framework, thereby releasing INPEX and its jo...
Shell Signs Innovative $10b Revolving Credit Facility
Netherlands/Holland >> 12/13/2019 - Royal Dutch Shell plc (“Shell”) has signed a $10 billion revolving credit facility. The new facility replaces Shell’s existing $8.84 billion revolving credit facility and is provided by a syndicate of...
FAR Announces Equity Raising to Fund Sangomar Oil Field Development
Senegal >> 12/12/2019 - FAR Limited announces a conditional placement to raise A$146 million at A$0.0425 per share (Placement). In addition, FAR will conduct a share purchase plan to existing eligible shareholders to raise u...
Crescent Petroleum has Invested over $3b in Iraq
Iraq >> 12/10/2019 - United Arab Emirates-based energy firm Crescent Petroleum has invested over $3 billion in Iraq over the last 10 years. ...
Saudi Aramco IPO Proceeds Rise to $29.4bln
Saudi Arabia >> 12/9/2019 - The proceeds from Saudi Aramco's record initial public offering have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock. Aramco's main IPO raised $25.6 billion on ...
Saudi Aramco Announces World's Biggest Ever IPO
Saudi Arabia >> 12/8/2019 - Saudi oil behemoth Aramco has set a share price that will value the company's initial public offering (IPO) at $25.6 billion (€23 billion), making it the largest ever seen. ...
Egypt's Fuel Subsidy Bill Drops By 69% Year on Year July-Sept
Egypt's Fuel Subsidy Bill Drops By 69% Year on Year July-Sept Egypt >> 12/8/2019 - Egypt’s spending on fuel subsidies dropped by about 69% year on year to EGP 7.25 billion ($451 million) in July-September, Petroleum Minister Tarek El-Molla said. ...

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