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EFG Hermes Expects Lower Oil Prices for Egypt
Egypt >> 10/29/2014 - EFG-Hermes expected lower oil prices as clearly positive news for oil-importing MENA. Egypt, Morocco, Jordan and Lebanon are likely to enjoy the biggest gains, Egypt's largest investment bank said in ...
World Bank Funds Major New Development for the Horn of Africa
Djibouti >> 10/27/2014 - Leaders of global and regional institutions begin an historic trip to the Horn of Africa to pledge political support and major new financial assistance for countries in the region, totaling more than ...
US Stock Movements in October 2014
US Stock Movements in October 2014 United States >> 10/23/2014 - Preliminary data for September shows that total commercial oil stocks rose by 13.3 mb, reversing the drop of last month, to stand at 1,137.7 mb. At this level, they were 18.2 mb, or 1.6%, above the la...
Egypt Signs 36 Oil Exploration Deals Worth $2b
Egypt >> 10/21/2014 - Egyptian Petroleum Minister Sherif Ismaeil announced that the new oil agreements bring the total of new deals since November 2013 to 36, with an estimated investment value exceeding US$2 billion. ...
Moody’s Revises Rating Maintaining Investment Grade
Brazil >> 10/21/2014 - Petrobras informs that the rating agency Moody's announced that the level of risk (rating) of debt in foreign currency and place of Petrobras Baa1 to Baa2 with perspective negative, while maintaining ...
ALFA Will Seek Shareholder Approval for a Potential Capital Increase
Mexico >> 10/20/2014 - ALFA, S.A.B. de C.V., one of Mexico’s leading diversified industrial and energy companies, announced it has called a General Extraordinary Shareholders’ Meeting to approve a potential capital increase...
Japan Stock Movements in October 2014
Japan Stock Movements in October 2014 Japan >> 10/18/2014 - In Japan, total commercial oil stocks rose by 5.8 mb to stand at 168.4 mb, the highest level since June 2013. At this level, Japanese oil inventories are 7.7 mb or 4.8% higher than a year ago, but rem...
Canada, Australia Firms Eager to Invest in Iran Gas
Iran >> 10/18/2014 - Canadian and Australian companies have voiced their readiness to invest in Iran’s gas sector, the investment director of National Iranian Gas Company said. ...
Apache Corp to Raise Gas Supplied Prices to Egypt
Egypt >> 10/15/2014 - The US oil and gas producer Apache Corp. operating in Egypt aims to reach an agreement with the Egyptian government about raising the prices of gas supplied by the end of the year, the company said. ...
Algeria Expects 2014 Energy Earnings Dip to $60b
Algeria >> 10/13/2014 - Algerian state-run energy group Sonatrach expects earnings from oil and gas sales to dip by 5.2 percent to $60 billion in 2014 from a year earlier if crude prices stabilise for the rest of the year, i...
Stock Movements - October 14
Austria >> 10/10/2014 - OECD commercial oil stocks rose in August by around 9.0 mb to stand at 2,679 mb. At this level, they were still 57.0 mb less than the latest five-year average. Crude indicated a surplus of 12.0 mb, ...
Jupiter Energy & Waterford Enter into a Unsecured Loan Agreement
Kazakhstan >> 10/7/2014 - The Board of Jupiter Energy Limited, the Kazakhstan-focused oil exploration and production company, trading on AIM and KASE, announces that it has entered into a unsecured loan agreement with Waterfor...
Ivory Coast to Seek Investors for Deepwater Oil Blocks
Ivory Coast (Cote D'Ivoire) >> 10/7/2014 - Ivory Coast will seek investors in its available offshore oil acreage, including seven new ultra-deep water blocks in the Gulf of Guinea, at a promotional event in Texas next week, a senior oil minist...
Gazprom & Argentina Address Potential of Joint Gas Projects
Argentina >> 10/7/2014 - A working meeting took place between Alexey Miller, Chairman of the Gazprom Management Committee and Debora Giorgi, Industry Minister of the Argentine Republic as part of the 4th St. Petersburg Intern...
RAK Petroleum Applies for Oslo Bors Listing
Ivory Coast (Cote D'Ivoire) >> 10/7/2014 - RAK Petroleum Public Company Limited (RAK Petroleum) announced its intention to launch an initial public offering and to apply for a listing on Norway’s Oslo Bors. ...
Egyptian Government Pays $350 million to BG Group
Egyptian Government Pays $350 million to BG Group Egypt >> 10/6/2014 - 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 $350 million payment. This ...
Colombia's Oil Sector Rejects Proposed Tax Reform
Colombia >> 10/4/2014 - Colombia's oil sector hit out at a proposed tax reform that the government has presented to Congress, arguing that higher duties on corporate earnings would damage the already troubled driver of the e...
Shawcor Ltd. Completes $30m Over-Allotment Option Associated
Canada >> 10/3/2014 - ShawCor Ltd. has successfully closed the $30,030,375 over-allotment option from its previously announced $200 million bought deal prospectus offering, which closed September 19, 2014. ...
Authority Signs LE10b Loan to Repay Foreign Companies
Egypt >> 10/2/2014 - Five banks granted the Petroleum Authority the biggest loan in the history of the Egyptian banking system worth LE10 billion to repay its debts to foreign companies and meet consumer needs. ...
US Stock Movements in September 2014
US Stock Movements in September 2014 United States >> 10/1/2014 - Preliminary data for August shows that total commercial oil stocks rose by 3.7 mb, reversing the drop of last month, to stand at 1,124.4 mb, the highest level since September 2013. At this level, they...

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