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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 Iran’s 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...
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. ...
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...
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. ...
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...
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...
Dana Gas 2014 Annual Revenue Grows to $683m
Egypt >> 2/5/2015 - Dana Gas PJSC, the Middle East’s 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...
Titan Signs $50m Joint Development Agreement
Australia >> 2/2/2015 - Australian oil and gas company Titan Energy Ltd is pleased to announce, that following an extensive due diligence process, the Company has signed a Joint Development Agreement for funding of up to US$...
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...

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