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US Stock Movements in February 2015
US Stock Movements in February 2015 United States >> 2/28/2015 - Preliminary data for January shows that total commercial oil stocks rose by 26.8 mb, reversing the fall of last month, to stand at 1,176 mb. With this build, they were nearly 102 mb or 9.5% above the ...
Iran Oil Sector Needs $30b a Year
Iran >> 2/28/2015 - Iranís petroleum industry needs $30 billion in investment annually for its development projects, a deputy petroleum minister said. ...
Venezuela Seeks Annulment of Exxon Award at World Bank Tribunal
Venezuela >> 2/25/2015 - Venezuela has requested the annulment of a World Bank tribunal award that orders it pay Exxon Mobil Corp $1.6 billion in compensation for nationalizations, both sides said. ...
Board of Directors addresses progress with Investment Program, Budget & Cost Reduction Program
Russia >> 2/24/2015 - The Gazprom Board of Directors took notice of the information about the progress with implementing the Company's Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program f...
Al- Sisi Discusses Increasing Investments of Eni
Egypt >> 2/21/2015 - President Abdel Fattah Al Sisi met on Saturday with Chief Executive Officer (CEO) Claudio Descalzi of Italy's giant oil company Eni, according to Egypt's State Information Services (SIS) . ...
Drawdown Under the $40 Million Equity Facility & Exercise of Options
Kazakhstan >> 2/19/2015 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news it has called down a further $1.0 million from the $40 million equity facility announc...
NPC Seeks NDFI Help
Iran >> 2/17/2015 - National Petrochemical Company (NPC) is seeking financial assistance from the National Development Fund of Iran (NDFI) to complete half-finished petrochemical projects, an NPC official said. ...
Egypt: $6.8b of Kuwaiti Investment for Energy Projects
Egypt: $6.8b of Kuwaiti Investment for Energy Projects Egypt >> 2/15/2015 - Prime Minister Ibrahim Mahlab and engineer Mr. Sherif Ismail, the Minister of Petroleum and Mineral Wealth, held a ceremony for the signing an MOU between the Egyptian Holding Company for Petrochemica...
NIOC to Invest $7b in Three Fields
Iran >> 2/14/2015 - National Iranian Oil Company (NIOC) has approved a $7 billion package for investment in three oil and gas fields, the head of Iranís Offshore Oil Company (IOOC) said. ...
Work on Chayanda & Power of Siberia is in Full Swing
Russia >> 2/12/2015 - Alexey Miller, Chairman of the Gazprom Management Committee held a meeting in Tomsk today to consider the progress with the Company's investment projects related to gas supply to China via the eastern...
Stock Movements - February 15
Austria >> 2/9/2015 - OECD commercial oil stocks fell by 18.5 mb in December to stand at 2,678 mb, nearly 112 mb higher than the same time a year ago and 43 mb above the latest five-year average. Crude indicated a surplu...
14 Petrochemical Plans Lined Up for Finance
Iran >> 2/9/2015 - 18 petrochemical plans have been introduced to China for financing, so far four of them including Sabalan, Lordegan, Bushehr and Masjed Soleyman petrochemical projects have been funded. ...
Gran Tierra Re-positions for Lower Oil Prices with a Reduction in its Capital Spending Program
Colombia >> 2/8/2015 - Gran Tierra Energy Inc. , a company focused on oil exploration and production in South America, announced a revised preliminary 2015 capital program. This revised program is designed to retain balan...
Western powers: Libya risks bankruptcy, oil price falls
Libya >> 2/7/2015 - The United States and five of its European allies on Saturday warned that Libya could face bankruptcy if oil prices continue to fall. ...
Sakhalin Transferred more than US$2.0 Billion to the Budget of Sakhalin
Russia >> 2/6/2015 - Sakhalin Energy has revealed this information at the second meeting with the public of Sakhalin held within preparing of 2014 Sustainable Development Report. The meeting was attended by representative...
US Stock Movements in January 2015
US Stock Movements in January 2015 United States >> 2/6/2015 - Preliminary data for December shows that total commercial oil stocks rose by 27.8 mb, reversing the fall of the previous two months to stand at 1,149 mb. With this build, they were nearly 80 mb or 7.5...
Dana Gas 2014 Annual Revenue Grows to $683m
Egypt >> 2/5/2015 - Dana Gas PJSC, the Middle Eastís largest regional private sector natural gas company, today announced its preliminary un-audited results for the year ended 31 December 2014. ...
Russia's Gazprom to Slash 2015 Capex by Almost $8 Billion
Russia >> 2/3/2015 - Russia's state-controlled Gazprom said it would slash its capital expenditure this year by almost $8 billion to $30 billion as political and market developments created a challenging business environm...
Platino's 2015 Capital Budget Targeting Production Growth
Colombia >> 2/2/2015 - Platino Energy Corp. is pleased to announce its 2015 full year production guidance and capital budget, as well as the appointment of Mr. Martin Eden to its Board of Directors. ...
Titan Signs $50m Joint Development Agreement
Australia >> 2/2/2015 - Australian oil and gas company Titan Energy Ltd is pleased to announce, that following an extensive due diligence process, the Company has signed a Joint Development Agreement for funding of up to US$...

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