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Santos Defers Planned Fund Raising
Australia >> 12/4/2014 - At its Investor Seminar on 26 November 2014, Santos noted it was considering a potential European hybrid issue, subject to acceptable market conditions. Since that date, the oil market has experienced...
Indonesia to Sign Sales, Refinery Agreements with CNOOC & Aramco
Indonesia >> 12/3/2014 - Indonesia expects to sign agreements with China's CNOOC Ltd , Saudi Aramco and two other oil companies next week covering direct oil sales and refinery investments in Southeast Asia's largest economy,...
SOCAR President Receives Turkish Delegation
Azerbaijan >> 12/3/2014 - SOCAR President Rovnag Abdullayev received Turkish delegation led by Fikri Ishik, Minister of Science, Industry and Technology of Turkey. Welcoming the guests, SOCAR President spoke about the bilatera...
Morocco Removes Subsidies for Petroleum Derivatives
Morocco >> 12/2/2014 - The Moroccan government has decided to remove the subsidy of all petroleum products, which cost two billion euros in 2012, according to Mr. Mohammed Wafa, Minister of Public Affairs. ...
Gazprom Working out General Gas Supply Scheme of Kyrgyzstan
Russia >> 12/2/2014 - The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Djoomart Otorbaev, Prime Minister of the Kyrgyz Republic.

It was...
Snorre 2040 Project Schedule Adjustment
Snorre 2040 Project Schedule Adjustment Norway >> 12/1/2014 - The Snorre partnership has decided to adjust the schedule for the ongoing Snorre 2040 project by postponing the planned date for DG2 from March 2015 to October 2015.

There is no change in t...
Egyptian Consumers Unlikely to Feel Oil Price Drop
Egypt >> 12/1/2014 - The global fall in oil prices is unlikely to ease the financial strain on Egyptian consumers right away, further adding to risks of instability, despite potential gains on the macroeconomic level, eco...
Japan Stock Movements in November 2014 Stock Movements in November 2014
Japan Stock Movements in November 2014
Stock Movements in November 2014 Japan >> 12/1/2014 - In Japan, total commercial oil stocks rose by 4.6 mb in September to stand at 173.0 mb, the highest level since October 2012. At this level, Japanese commercial oil inventories are 8.6 mb, or 5.2%, hi...
Gulf Markets Bleed after OPEC Lets Oil Slide
Egypt >> 11/30/2014 - Gulf stock markets plunged to milestone lows in a panic sell-off on Sunday after OPEC's decision to keep crude output unchanged sent oil prices tumbling. ...
Banks to Arrange $1.5 Bln Loan for Egypt
Egypt >> 11/28/2014 - HSBC, National Bank of Egypt and National Bank of Abu Dhabi will arrange a $1.5 billion syndicated loan to Egypt's state oil company in order for the country to pay back foreign energy companies, a st...
Magnus Energy to Participate in PEL 101 Drilling Program
Australia >> 11/28/2014 - Singapore's Magnus Energy Group Ltd. announced that Mid-Continent Equipment (Australia) Pty Ltd. (MEA), a wholly-owned unit of Mid-Continent Equipment Group Pte Ltd. (MEG), a 54.35 percent subsidiary ...
Far East Energy Announces Further Extension of Existing Loan Facility
China >> 11/28/2014 - Far East Energy Corporation, the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People’s Republic of China, is pleased to an...
Petromaroc Seeks Industry Partner to Develop Sidi Moktar
Morocco >> 11/28/2014 - PetroMaroc Corporation plc is pursuing a series of strategic and financial alternatives with the objective of maximising shareholder value following the independent assessment of prospective resource ...
Woodside Approves $1 Billion Persephone Project
Australia >> 11/27/2014 - Woodside Petroleum has approved the Persephone gas development project located in Australia's Carnarvon Basin. ...
Opec to Act so as to have Consensus Approach
Algeria >> 11/26/2014 - The Organization of Petroleum Exporting Countries (OPEC) will act, next Thursday in Vienna (Italy), “in a way to have a consensus approach” that can generate stable solutions to the fall in oil price,...
Lukoil to Invest in Nigerian Project with Chevron
Nigeria >> 11/21/2014 - Russia's second-largest oil company, privately controlled Lukoil, said it planned to invest in Nigeria with U.S. oil major Chevron Corp , part of its push to seek opportunities away from Russia's stat...
Kenya Power Secures $190m Loan for Infrastructure Upgrade
Kenya >> 11/19/2014 - Kenya Power, the country's sole electricity distributor, had secured a $190 million loan from Standard Chartered Bank to upgrade its transmission network. ...
Algeria's H1 Oil, Gas Exports Edge down to 50.59 mmt
Algeria >> 11/18/2014 - Algeria's oil and gas exports in the first half of this year fell 1.09% year on year to 50.59 million mt oil equivalent (2.06 million boe/d) from 51.11 million mtoe, the country's central bank said. ...
Eni Strengthens its Presence in Turkmenistan
Turkmenistan >> 11/18/2014 - The Director of The State Agency for Management and Use of Hydrocarbon Resources, Yagshygeldy Kakayev, the chairman of State Concern Turkmenneft, Tachdurdy Begdjanov, and Eni’s CEO, Claudio Descalzi, ...
$18.5 Trillion Will Be Needed in O&G Investment to Meet Future Demand
Norway >> 11/17/2014 - "The scale of the climate challenge requires us not only to ask how we can do more, but how we can achieve the most. Climate change doesn’t stop at borders – and neither should our solutions,” says...

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