Gulf Oil and Gas accountACCOUNT

Financials and Investment News

EIG Receives FIRB Approval for Investment in Senex
Australia >> 3/17/2017 - On 1 February 2017, Senex announced a strategic arrangement with EIG Global Energy Partners (EIG), including welcoming EIG as a substantial shareholder. Senex also announced it had conducted a success...
Sevan Marine Agrees FPSO Piranema ANP Fine Settlement
Norway >> 3/16/2017 - Sevan Marine ASA has agreed a settlement with Piranema LLC in relation to ANP fines incurred to date. As previously communicated Sevan Marine provided Piranema LLC with an indemnity against such fines...
ABB’s Dividend Access Facility 2017
Sweden >> 3/16/2017 - ABB is making a facility available for shareholders tax-resident in Sweden and holding shares of ABB Ltd registered with Euroclear Sweden that allows them to receive the dividend relating to those sha...
Teekay LNG Partners Declares Distribution on Series a Preferred Units
Canada >> 3/15/2017 - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution of $0.5625 per unit on the Partnership’s Series A preferred ...
Oman Refiner Said to Hire Credit Agricole for $6 Billion Project
Oman >> 3/15/2017 - Oman’s Duqm Refinery & Petrochemical Co. hired Credit Agricole SA to advise on fundraising for its $6 billion project, according to two people with knowledge of the plan. ...
Balance of Supply and Demand – March 2017
Austria >> 3/14/2017 - Estimate for 2016
Demand for OPEC crude for 2016 stood at 31.6 mb/d, representing an increase of 1.9 mb/d from last year’s level. This upward revision came from the upward adjustment in t...
Atlantic Petroleum Issues Convertible Instruments to London Oil & Gas
United Kingdom >> 3/13/2017 - Pursuant to the Loan Agreement with London Oil and Gas announced 25th May 2016, Atlantic Petroleum hereby announces that all conditions for the GBP 8MM loan are fulfilled and that the Board of Atlanti...
Kuwait Willing to Extend OPEC Deal
Kuwait >> 3/13/2017 - Kuwait will support the extension of a global deal to cut oil supply beyond June, the country's oil minister said on Monday as the market needs more time to rebalance. ...
Central Petroleum Receives Revised Offer from Macquarie
Australia >> 3/9/2017 - ASX-listed Central Petroleum requests a trading halt to its securities effective immediately, pending an announcement to be made by the Company regarding a revised offer from Macquarie to acquire 100%...
SOCAR’s Budget Payments for February 2017
Azerbaijan >> 3/9/2017 - SOCAR paid AZN 134 million 471 thousand to the State Budget for February of the current year that is AZN 36 million 271 thousand (136,9%) more than the same period of 2016. In general, for January-Feb...
Nigeria Seeks Return to Strong Growth with Sweeping Reform Plan
Nigeria >> 3/7/2017 - Nigeria unveiled a sweeping economic recovery plan, including measures to reduce its dependence on oil and to relax foreign exchange restrictions, in a drive to pull Africa's largest economy out of it...
DNO Reports Payment for Tawke Deliveries
Iraq >> 3/7/2017 - DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 43.79 million from the Kurdistan Regional Government as payment towards December 2016 crude oil deliveries to the export market fro...
Chevron Affirms Production, Margins & Cash Flow Growth Plans
United States >> 3/7/2017 - Chevron Corporation hosted its annual security analyst meeting in New York where executives highlighted the company's growing free cash flow from its advantaged portfolio. ...
North Sea Energy Announces Private Placement to Raise £200,000
United States >> 3/6/2017 - North Sea Energy Inc. (NSE) is pleased to announce a non-brokered private placement (the "Private Placement") of up to 4,000,000 units (the "Units") at a price of $0.05 per Unit, for gross proceeds of...
International Frontier Resources Closes over Subscribed Private Placement
Canada >> 3/3/2017 - International Frontier Resources Corporation (IFR) has closed its previously announced private placement (see news release dated January 31, 2017) (Financing) to raise aggregate gross proceeds of CAD$...
ASX Trading Halt & Proposed Capital Raising for 88 Energy
Australia >> 3/2/2017 - 88 Energy Limited announces that its shares have been placed in a trading halt on the Australian Securities Exchange (ASX) pending the release of an announcement in relation to a potential capital rai...
Board of Directors Reviews Cost Optimization Options for 2017
Russia >> 3/1/2017 - The Gazprom Board of Directors took note of the information about Gazprom Group’s cost optimization (reduction) options for 2017. It was underscored that throughout the current year the Company would ...
Expensive Oil not to Benefit OPEC Members in Mid-Term
Iran >> 2/28/2017 - Too expensive crude oil does increase revenues of the Organization of the Petroleum Exporting Countries (OPEC) but would ultimately damage their economies because the rivals will increase output at hi...
Pemex Improves Its Annual Net Results by 400 Billion Pesos
Mexico >> 2/27/2017 - Petroleos Mexicanos improved its annual net results for 2016 by over 400 billion pesos, a reduction of losses equal to 58 per cent, as compared to 2015. The above was a result of a greater operating e...
The Swedish Energy Agency is Investing Heavily in a Carbon-Dioxide-Free Steel Industry
Sweden >> 2/27/2017 - SSAB's, LKAB's and Vattenfall's initiative for a carbon-dioxide-free steel industry has gained additional support from The Swedish Energy Agency. Today the agency passed a resolution to finance a 4-ye...

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.