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Subscription and Placing to Raise up to £12.6m & Proposed Board Changes
Cameroon >> 3/6/2019 - Victoria Oil & Gas Plc, the integrated natural gas producing utility company in Cameroon, is pleased to announce a £12.6 million (c.US$16.5 million) equity fundraise. ...
Kuwait Petroleum Signs MoU with Britain for up to $3B in Loans and Credit
Kuwait >> 3/4/2019 - State-owned Kuwait Petroleum Corp (KPC) has signed a memorandum of understanding with the British government for up to $3 billion in loans and credit facilities, the company said. ...
United Oil & Gas Shares Admitted to Trading on AIM
United Kingdom >> 3/1/2019 - United Oil & Gas, the oil and gas exploration and development company, has announced that further to the announcements of 31 January 2019 and 26 February 2019, admission of its ordinary shares of 1 pe...
Equinor Bought More from Norwegian Suppliers in 2018
Norway >> 2/28/2019 - In 2018 Equinor purchased goods and services worth NOK 141,7 billion from more than 9000 suppliers globally. NOK 95,2 billion of this went to suppliers with a Norwegian billing address, i.e. 67% of to...
Gazprom & VTB Bank Discuss Cooperation
Russia >> 2/26/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Andrey Kostin, President and Chairman of the VTB Bank Management Board, was held today in Moscow. The parties...
Independent Oil and Gas Announces Project and Funding Update
United Kingdom >> 2/25/2019 - Independent Oil and Gas, the development and production company focused on becoming a substantial UK gas producer, has provided an update on the funding and progress of its two-phase Southern North Se...
Kosmos Energy Capital Markets Day
United States >> 2/25/2019 - Kosmos Energy Ltd. is hosting a Capital Markets Day presentation in London for sell-side analysts and institutional investors. ...
Update Re: OML 109 Ejubele Development
Nigeria >> 2/18/2019 - Sirius Petroleum has completed its due diligence in relation to OML 109 and is now finalising the financing with a dedicated fund, and awaiting final Block Partner consents to complete the transaction...
Angus Energy Announces Equity Placing to Raise GBP2.2 million
United Kingdom >> 2/15/2019 - Angus Energy has announced that the Company has placed, subject to admission to trading on AIM, 55,000,000 new Ordinary Shares in the Company with existing, new and institutional shareholders (the 'Pl...
Aramco Picks Banks for SABIC Debt Financing
Saudi Arabia >> 2/14/2019 - Saudi Aramco has selected banks to arrange its first international debt sale which will help it finance the acquisition of a stake in Saudi Arabian Basic Industries Corp (SABIC), a source familiar wit...
2018 Gross Profit Increased 19% to $140 Million
Egypt >> 2/14/2019 - Dana Gas PJSC ("Company"), the Middle East's largest regional private sector natural gas company, today announced its Preliminary Unaudited Financial Results for the full year ended 31 December 2018. ...
Placement to Fund Expanded Appraisal and Exploration Program
Australia >> 2/12/2019 - Carnarvon Petroleum Limited is conducting a placement to institutional and sophisticated investors to raise approximately $50 million. The Placement comprises an issue of 151.6 million new Carnarvon s...
Apache Announces 2019 Capital Budget and Production Outlook
United States >> 2/7/2019 - Apache Corporation announced that its board of directors has approved a 2019 upstream capital budget1 of $2.4 billion. This represents a significant reduction from its previous 2019 investment plan, a...
DNO Reports Record Revenues, Expands Norway Footprint
Norway >> 2/7/2019 - DNO ASA, the Norwegian oil and gas operator, announced 2018 net profit of USD 354 million on revenues of USD 829 million, the highest annual revenues in the Company's 47-year history. Cash flow from o...
Kiliwani Work Programme Acceleration and Capital Raise
Tanzania >> 2/7/2019 - The Company is pleased to announce that as it enters a period of operations it has raised approximately £1.85 million (approximately $2.40 million) before expenses through the issue of 127,226,781 new...
Gazprom Maintaining Effective Cost Optimization Efforts
Russia >> 2/6/2019 - The Gazprom Board of Directors took note of the information on the Gazprom Groupís cost optimization (reduction) efforts in 2018 and its priorities in this area for 2019. ...
Cabot Energy Announces Corporate Update
Canada >> 2/1/2019 - Cabot Energy, the AIM quoted oil and gas company focussed on creating predictable production growth in Canada, balanced with high impact exploration in Italy, provides an update on its financial posit...
Extension to Bina Bawi and Miran Conditions Precedent
Iraq >> 1/31/2019 - Genel Energy plc has agreed with the Kurdistan Regional Government to extend the deadline to meet the conditions precedent related to the Bina Bawi gas lifting agreement ('GLA') until 30 April 2019, a...
SOCAR Boosts Budget Payment for 2018 by More Than 6%
Azerbaijan >> 1/29/2019 - SOCAR contributed AZN 1.65 billion to the State Budget for 2018. Compared with the previous yearís figures, the company's budget payments grew by AZN 93.2 million, a rise of 6.2%. In addition, SOCARís...
US$20 Million Debt Facility Agreed with Barak Fund SPC Limited
Nigeria >> 1/28/2019 - Sirius Petroleum, the Nigeria focused oil and gas development and production company, is pleased to announce a funding update for the Ororo Field as follows: ...

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