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API Releases New Study on Impacts of Restricting Fossil Fuel Production
United States >> 4/5/2017 - API President and CEO Jack Gerard stressed the need for forward-looking energy policies that embrace the U.S. energy renaissance as API released a new study examining the negative impacts of policies ...
FAR Announces $80 Million Capital Raising
Gambia >> 4/5/2017 - FAR Ltd is pleased to announce a fully-underwritten placement to institutional and sophisticated investors to raise approximately $80 million before expenses by issuing 1,000 million shares (Placement...
Saudi Arabia to Switch Crude Oil Pricing for European Refiners
Saudi Arabia >> 4/4/2017 - Saudi Arabia is to tweak the benchmark it uses to sell its crude in Europe, in a concession to refiners in the region that have long complained about their ability to hedge using the current measure. ...
Abu Dhabi National Energy Co (TAQA) Considering Formosa Bond, Sukuk
United Arab Emirates >> 4/3/2017 - Abu Dhabi National Energy Co (TAQA) is considering debt funding options including a formosa bond, sukuk and bank loans, the company's spokesman said. TAQA will raise the funding to cover debt maturiti...
Teekay Offshore Partners Declares Distribution
Canada >> 4/3/2017 - Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership), has declared a distribution of $0.11 per unit for the quarter ended March 31, 2017. T...
Teekay LNG Partners Declares Distribution
Canada >> 4/3/2017 - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership), has declared a cash distribution of $0.14 per unit for the quarter ended March 31, 2017. The cash distri...
Teekay Corporation Declares Dividend
Canada >> 4/3/2017 - Teekay Corporation (Teekay) announced that its Board of Directors has declared a cash dividend on its common stock of $0.055 per share for the quarter ended March 31, 2017. The cash dividend is payabl...
ANP's Notice on Government Participation in Lula Field
Brazil >> 3/31/2017 - Petroleo Brasileiro S.A. – Petrobras informs that Consortium BM-S-11 received, on March 30th, 2017, a notice issued by the National Petroleum, Natural Gas and Biofuels Agency - ANP, regarding Lula Fie...
2017 Work Programme & Financing Agreed with Oil India
Russia >> 3/31/2017 - PetroNeft (PTR) an oil and gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to announce that it has...
LEKOIL Agrees Advance Payment Facility with Shell
Nigeria >> 3/31/2017 - LEKOIL, the oil and gas exploration, development and production company with a focus on Africa, announces that its wholly owned subsidiary, LEKOIL Oil and Gas Investments Limited (LOGL), has agreed an...
Geoex to Acquire All Outstanding Shares in MultiClient Geophysical ASA
United Kingdom >> 3/30/2017 - Reference is made to Geoex Ltd's (Geoex) voluntary cash offer (the "Offer") for all outstanding shares of MultiClient Geophysical ASA (MCG) made on 19 January 2017, as amended. The acceptance period u...
Petrochina 2016 Profit Sinks 78% On Lower Crude Prices
China >> 3/30/2017 - China's largest oil and gas producer, PetroChina, on Thursday reported a drop of 78 percent in 2016 annual net profit, to its lowest since at least 2011, as it was hit by lower prices for crude oil an...
Saudi Aramco Formally Appoints Banks to Advise on Share Sale
Saudi Arabia >> 3/30/2017 - Saudi Aramco has formally appointed JPMorgan Chase & Co (JPM.N), Morgan Stanley (MS.N) and HSBC (HSBA.L) as international financial advisers for its initial public offering, sources familiar with the ...
InfraStrata Repaid Loan from Baron Oil
United Kingdom >> 3/29/2017 - InfraStrata plc, the independent gas storage company, announces that following the completion of the placing to raise £810,000 before expenses announced on 27 February 2017, it has now repaid the £200...
Atlantic Petroleum Posts a Net Profit of DKK 12.4MM in 2016
United Kingdom >> 3/29/2017 - P/F Atlantic Petroleum announces its Annual Results for 2016. This company announcement should be read in conjunction with Atlantic Petroleum’s Condensed Consolidated Annual Report attached to this an...
Egypt to Halve Arrears with Oil Companies in Coming Weeks
Egypt to Halve Arrears with Oil Companies in Coming Weeks Egypt >> 3/29/2017 - Egypt expects to cut the $3.5 billion euros it owes to international oil companies by around half in coming weeks, the Egyptian oil minister said on Wednesday. ...
Board Approval for Sole Gas Project - Commences Equity Funding
Australia >> 3/29/2017 - Cooper Energy has announced that the Sole gas project has been approved as ready to proceed by the Company’s Board of Directors and that finalisation of financing has commenced with a fully underwritt...
Saudi Arabia Sweetens Huge Aramco IPO with Tax Cut
Saudi Arabia >> 3/28/2017 - Saudi Arabia's government has cut the income tax paid by national oil giant Saudi Aramco to smooth the company's initial public offer of shares next year, which is expected to be the world's largest e...
Overdue Gas Debt of Russian Consumers Shows Slower Growth
Russia >> 3/28/2017 - The Gazprom Board of Directors reviewed the information about the strengthening of the financial discipline with regard to domestic gas supplies and about the Company's efforts aimed at addressing gas...
Mizuho & Marubeni Agree to Explore Opportunities to Provide New Finance Service in the ASEAN Region
Japan >> 3/27/2017 - Mizuho Financial Group, Inc. (President & Group CEO: Yasuhiro Sato, “Mizuho FG”), Mizuho Bank, Ltd. (President & CEO: Nobuhide Hayashi, “Mizuho Bank”), and Marubeni Corporation (President & CEO: Fumiy...

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