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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. ...
$35 Billion by Chevron to Capital & Exploratory Budget for 2015
United States >> 1/30/2015 - Chevron Corporation announced a $35.0 billion capital and exploratory investment program for 2015. Included in the 2015 program are $4.0 billion of planned expenditures by affiliates, which do not req...
Severstal Announces 2015 Capital Investment Program
Russia >> 1/29/2015 - PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announces details of its 2015 capital investment program to support the delivery of Severstal’...
China Stock Movement in January 2015
China 	Stock Movement in January 2015 China >> 1/24/2015 - The latest information for November showed Chinese total oil commercial inventories fell by 7.9 mb, following a drop of 9.8 mb in October to stand at 383.4 mb. Despite this stock draw, Chinese invento...
Kuwait to Spend $100b on Oil Projects
Kuwait >> 1/21/2015 - The chief executive of state oil company Kuwait Petroleum Corp, Nizar al-Adsani, said at an energy industry conference that he believed oil prices would remain below $100 a barrel for the next few yea...
ThyssenKrupp Increases Investment in Engine Project at China's Changzhou National Hi-Tech District
China >> 1/19/2015 - ThyssenKrupp (China) invested an additional 75 million euros (approx. US$85 million) which will be used to build an automotive electronic power steering (EPS) system facility in the Changzhou National...
Stock Movements - January 15
Austria >> 1/15/2015 - OECD commercial oil stocks fell by 10.0 mb in November to stand at 2,710 mb, still nearly 100 mb higher than the same time a year ago, and 20.3 mb above the latest five-year average. Crude indicated a...
Petromaroc Closes Private Placement Raising Cdn $3M
Morocco >> 1/14/2015 - PetroMaroc Corporation plc. has closed the non-brokered Private Placement of units of the Company at a price of Cdn $0.15 per Unit, raising gross proceeds of Cdn $3 million. PetroMaroc closed the firs...
US Stock Movements in December 2014
US Stock Movements in December 2014 United States >> 1/10/2015 - Preliminary data for November shows that total commercial oil stocks fell by 11.0 mb for the second consecutive month to stand at 1,121.2 mb. Despite this drop, they were 25.4 mb, or 2.3%, above the l...
Two Firms to Help GCC Investors in Oilfield Projects
Oman >> 1/10/2015 - Samurai International Petroleum (Sipco) and Greenstone Equity Partners have joined forces in the Gulf Cooperation Council (GCC) region to meet rising investor demand for global investment opportunitie...
Circle Oil Receives Payment from EGPC
Circle Oil Receives Payment from EGPC Egypt >> 1/9/2015 - Circle Oil Plc is pleased to announce receipt of US$15 million as part of a recent special payment distribution by the Egyptian Government to oil companies operating in Egypt. This has resulted in a s...
Eland Secures $75 Million Loan Facility Onshore Nigeria
Nigeria >> 1/8/2015 - Eland Oil & Gas PLC, an oil & gas production, development and exploration company operating in West Africa with an initial focus on Nigeria, is pleased to announce it has finalised arrangements for a ...
JKX Suspend 2015 Capital Investment Programme in Ukraine
Ukraine >> 1/7/2015 - The Board of JKX (JKX) has decided that the combination of Ukrainian Government-imposed restrictions on selling its gas to industrial clients and the punitive rate of gas production tax requires the C...
40 Foreign Firms Ready to Invest in Iran Gas
Iran >> 1/6/2015 - Forty foreign companies have expressed their readiness to invest in Iran’s gas industry, an official at National Iranian Gas Company said. ...
Egyptian Government Pays US$350 Million to BG Group
Egypt >> 1/2/2015 - Following the commitment from the Egyptian government to repay outstanding debts to the energy industry, BG Group plc, a world leader in exploration and LNG, has received a further payment equivalent ...
Gov’t to Spend $15b on Oil Production
Iran >> 1/2/2015 - The government’s Economic Council has approved $15 billion to be invested in production and processing more than 550,000 b/d of oil, the government spokesman said. ...
Payment of $2.1 Billion to Foreign Partners
Egypt >> 12/31/2014 - Eng. Sherif Ismail, Minister of Petroleum and Mineral Resources announced that the Petroleum Sector paid a new batch of dues to the foreign partners amounted to $2.1 billion, Thus, total accumulated a...
Ivanhoe Receives an Additional US$540,000 Short-term Loan from Robert Friedland
Canada >> 12/30/2014 - Ivanhoe Energy Inc. announced that the company's working capital has been augmented by a further US$540,000 (approximately C$626,000) provided by founder Robert Friedland. ...
Iran Allocates €610m for Two Petrochemical Projects
Iran >> 12/30/2014 - Iran allocated €610 million for completing the construction of two petrochemical complexes in Kohgilouyeh-Boyerahmad Province in southwest of the country, according to a provincial official. ...
Iran Allots $15.2b to Develop Joint Oilfields with Iraq
Iran >> 12/30/2014 - Iran has allocated USD 15.2 billon for the development of joint oilfields with neighboring Iraq as part of the Islamic Republic’s plans to increase its oil output. ...

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