| Norway >> 4/26/2017 - Seadrill Limited (Seadrill), as part of its restructuring plans, has signed and closed an agreement with Archer and its lenders to extinguish approximately $253 million in financial guarantees provide... |
| Norway >> 4/26/2017 - Seadrill Limited (Seadrill) has amended the revolving credit facility provided to North Atlantic Drilling Ltd., a majority owned subsidiary, to mature on June 30, 2017 and increased it to $50 million.... |
| Botswana >> 4/26/2017 - Tlou Energy has raised a total of £4 million for its Botswana CBM project. Funds will be used to undertake additional field appraisal to expand Tlou’s independent gas Reserves and to finalise licencin... |
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Egypt >> 4/25/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received the General Manager of China Development Bank (CDB) and the accompanying delegation, where they discussed cooperation and part... |
| Oman >> 4/22/2017 - A proposal to set up a $2.3 billion-greenfield methanol project by Mingyuan Holdings Group Co. Ltd in Duqm will depend on the Sultanate’s commitment to supply natural gas as feedstock. ... |
| Italy >> 4/22/2017 - Key Italian oil refiner Saras says it has cleared all the debt it owed Iran for oil purchased before sanctions were imposed against the country in 2012. ... |
| Iran >> 4/20/2017 - New contracts in the oil and gas sector can create thousands of jobs and resuscitate the economy which is reeling from international financial and trade restrictions, says Bijan Namdar Zanganeh, the o... |
| Iran >> 4/19/2017 - Managing Director of the National Iranian Oil Company (NIOC) Ali Kardor said Iran has so far recovered 1,060 billion cubic meters of natural gas from the supergiant South Pars Gas Field, adding the re... |
| United Arab Emirates >> 4/19/2017 - Abu Dhabi National Energy Company (TAQA) might sell some of its oil and gas interests in North America to raise capital for its core business, its chief operating officer told Reuters. The loss-making... |
| Peru >> 4/18/2017 - Peru is expecting to issue up to $3 billion in bonds in the international market in the first half of 2017 to finance Petroperu, Energy and Mining Minister Gonzalo Tamayo. The funds would be used to h... |
| Bahrain >> 4/17/2017 - Bahrain National Gas Expansion Co, a subsidiary of the country's National Oil and Gas Authority, signed a $515 million syndicated loan that will back part of the expansion of its gas processing facili... |
| Brazil >> 4/17/2017 - A U.S. judge on Monday sentenced Brazilian engineering company Odebrecht SA to pay $2.6 billion in fines in a massive criminal corruption case, signing off on a plea deal between the company and U.S.,... |
| Austria >> 4/12/2017 - Demand for OPEC crude in 2016 stood at 31.7 mb/d, which is 1.9 mb/d higher than 2015 levels.
In 2017, the demand for OPEC crude is projected to reach 32.2 mb/d, around 0.6 mb/d higher
than the previ... |
| Australia >> 4/11/2017 - Santos has announced the early repayment of US$250 million of its US$12 billion Export Credit Agency (ECA) supported Uncovered Syndicated Facility, scheduled to mature in 2019. The repayment will be m... |
| United States >> 4/10/2017 - The domestic oil and natural gas industry spent an estimated $122.8 billion in drilling approximately 28,809 oil and natural gas wells in 2015, according to API’s 2015 Joint Association Survey on Dril... |
| Oman >> 4/10/2017 - Duqm Refinery, a 50:50 joint venture between the Sultanate’s state-owned Oman Oil Company and Kuwait Petroleum International, is seeking 65 per cent of its $7 billion capital expenditure for building ... |
| Japan >> 4/10/2017 - Marubeni Corporation (Marubeni) and GRID, Inc. (GRID) agreed to conduct a capital and business alliance to develop and implement solutions using Artificial Intelligence (Al) technology for the Maruben... |
| Azerbaijan >> 4/7/2017 - SOCAR paid AZN 133 million 985 thousand to the State Budget for March of the current year that is AZN 24 million 737 thousand (122,6%) more than the same period of 2016. In general, for January-March ... |
| Russia >> 4/6/2017 - Gazprom Neft has successfully closed the book-building of its series 001P-01R exchanged-traded bonds, with a nominal value of RUB15 billion, a maturity of five years, and a semi-annual coupon period. ... |
| Tanzania >> 4/5/2017 - The African Development Bank (AfDB) has approved a USD 29.8 Million loan to Tanzania to help the country mobilize domestic resources and unlock the potential of its natural gas resources through lever... |
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