Gulf Oil and Gas accountACCOUNT

Investment News

Eni Signs $5b Heads of Agreement with Egypt
Eni Signs $5b Heads of Agreement with Egypt Egypt >> 3/14/2015 - The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, signed with Eniís CEO, Claudio Descalzi, a Head of Agreement aimed at the development of the oil and gas resources of the Coun...
Dana Gas to Invest $350m in Egypt
Egypt >> 3/14/2015 - Dana Gas will invest $350 million in Egypt over the next 30 months and expects to receive outstanding arrears from the government by the end of 2016. ...
Chile's ENAP to Build $30m Oil Pipeline in Egypt
Egypt >> 3/13/2015 - A subsidiary of Chile's state oil company ENAP will invest $30 million to build a 90 km oil pipeline in Egypt's Western Desert. The pipeline would allow the company to extract oil from a new discovery...
Petrogrand Enters Into an Agreement Regarding an Investment in the Russian Federation
Russia >> 3/13/2015 - Petrogrand AB's (publ) ("Petrogrand") subsidiary, Sonoyta Limited, has signed a Share Subscription Agreement (the "SSA"), regarding the subscription for newly issued 49 per cent of the shares and vote...
China Stock Movements in February 2015
China Stock Movements in February 2015 China >> 3/11/2015 - The latest information for December showed that Chinese total oil commercial inventories fell for the fifth consecutive month by 5.1 mb to stand 378.2 mb. Despite this stock draw, Chinese inventories ...
Japan Stock Movements in February 2015
Japan Stock Movements in February 2015 Japan >> 3/8/2015 - In Japan, total commercial oil stocks fell by 11.1 mb in December following a stock draw of 7.7 mb in November to stand at 160.8 mb. Despite this fall, Japanese commercial oil inventories are 7.2 mb o...
Primeline Enters Into Market Making Agreement With Altacorp Capital
Canada >> 3/3/2015 - Primeline Energy Holdings Inc. announces that it has entered into a market making agreement (the Agreement) with AltaCorp Capital Inc. (AltaCorp). AltaCorp is a full-service investment dealer focusing...
Energean Launches $6m Quest for Hydrocarbons in Egypt
Energean Launches $6m Quest for Hydrocarbons in Egypt Egypt >> 3/3/2015 - Energean Oil & Gas, the international oil & gas exploration and production company focused on the Mediterranean and North Africa, is launching a new 6-million-dollar investment programme in Egypt, aim...
Egypt Delays Target for Repaying Firms $3.1b until Mid-2016
Egypt >> 3/3/2015 - Egypt aims to fully repay its $3.1 billion debt to foreign oil and gas companies by mid-2016, around a year later than previously indicated, according to the oil ministry. ...
Russia's Rosneft May Get $5 Billion From National Wealth Fund
Russia >> 3/2/2015 - Russian state oil firm Rosneft may get 300 billion roubles ($5 billion) from the National Wealth Fund (NWF) to finance five projects, both upstream and downstream, Russian Energy Minister Alexander No...
Majlis Approves Issuing $5.5b in Bonds to Fund O&G Development Projects
Iran >> 3/1/2015 - The Iranian parliament (Majlis) approved a bill, according to which the administration will be allowed to issue 150 trillion rials (about $5.5 billion) to fund national development projects. ...
US Stock Movements in February 2015
US Stock Movements in February 2015 United States >> 2/28/2015 - Preliminary data for January shows that total commercial oil stocks rose by 26.8 mb, reversing the fall of last month, to stand at 1,176 mb. With this build, they were nearly 102 mb or 9.5% above the ...
Iran Oil Sector Needs $30b a Year
Iran >> 2/28/2015 - Iranís petroleum industry needs $30 billion in investment annually for its development projects, a deputy petroleum minister said. ...
Venezuela Seeks Annulment of Exxon Award at World Bank Tribunal
Venezuela >> 2/25/2015 - Venezuela has requested the annulment of a World Bank tribunal award that orders it pay Exxon Mobil Corp $1.6 billion in compensation for nationalizations, both sides said. ...
Board of Directors addresses progress with Investment Program, Budget & Cost Reduction Program
Russia >> 2/24/2015 - The Gazprom Board of Directors took notice of the information about the progress with implementing the Company's Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program f...
Al- Sisi Discusses Increasing Investments of Eni
Egypt >> 2/21/2015 - President Abdel Fattah Al Sisi met on Saturday with Chief Executive Officer (CEO) Claudio Descalzi of Italy's giant oil company Eni, according to Egypt's State Information Services (SIS) . ...
Drawdown Under the $40 Million Equity Facility & Exercise of Options
Kazakhstan >> 2/19/2015 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news it has called down a further $1.0 million from the $40 million equity facility announc...
NPC Seeks NDFI Help
Iran >> 2/17/2015 - National Petrochemical Company (NPC) is seeking financial assistance from the National Development Fund of Iran (NDFI) to complete half-finished petrochemical projects, an NPC official said. ...
Egypt: $6.8b of Kuwaiti Investment for Energy Projects
Egypt: $6.8b of Kuwaiti Investment for Energy Projects Egypt >> 2/15/2015 - Prime Minister Ibrahim Mahlab and engineer Mr. Sherif Ismail, the Minister of Petroleum and Mineral Wealth, held a ceremony for the signing an MOU between the Egyptian Holding Company for Petrochemica...
NIOC to Invest $7b in Three Fields
Iran >> 2/14/2015 - National Iranian Oil Company (NIOC) has approved a $7 billion package for investment in three oil and gas fields, the head of Iranís Offshore Oil Company (IOOC) said. ...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.