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Finance Ministry Seeks US$10.4 Billion Loan from IMF
Egypt >> 8/17/2014 - An informed governmental source said Finance Minister Hani Qadri Demian will try to convince the Cabinet to resume negotiations with the International Monetary Fund starting next year in order to redu...
13 Foreign Firms Keen to Invest in Iran Gas
Iran >> 8/17/2014 - Thirteen foreign companies have announced their readiness to invest 15 billion dollars in Iran’s gas industry, a top official at the National Iranian Gas Company said. ...
China Stock Movements in August 2014
China Stock Movements in August 2014 China >> 8/16/2014 - The latest information for June showed Chinese total oil commercial inventories fell by 4.9 mb reversing the build of last month. At 402.2 mb, Chinese inventories were 23.1 mb above last year at the s...
Mexico's Round Zero and Round One Oil Projects
Mexico >> 8/14/2014 - Mexico's energy ministry announced that the country expects to attract $50.5 billion in new private and foreign investment by 2018 as part of a historic oil sector opening next year that will begin wi...
President Signs Mexican Energy Reform Legislation
Mexico >> 8/11/2014 - MX Oil plc, is pleased to note that President Enrique Pena Nieto has approved legislation required to reopen Mexico's vast energy industry to the private sector. This follows approval by both the Lowe...
Stock Movements - August 14
Austria >> 8/11/2014 - OECD commercial oil stocks fell in June by 7.7 mb to stand at 2,631 mb. At this level, they are 81 mb less than the latest five-year average. Crude inventories indicated a surplus of 1.7 mb, while p...
$1bln to Increase Capacity of Midor Refinery
Egypt >> 8/10/2014 - Engineer Sherif Ismail, Minister of Petroleum and Mineral Resources, laid the foundation stone for the Midor expansions to increase operational capacity of the plant from 100 to 160 thousand barrels p...
Mexico to Accelerate Deals with Big Oil Firm
Mexico >> 8/7/2014 - After a months-long delay in passage of a landmark overhaul of Mexico's state-run energy sector, the government now plans to accelerate the timetable for inking joint ventures with private oil firms t...
CB&I Congratulates the Cameron LNG Sponsors on FID
United States >> 8/7/2014 - CB&I congratulates the Cameron liquefaction project sponsors for approving a final investment decision for the development, construction and operation of the natural gas liquefaction and export projec...
Badile Land Purchase and Long Lead Items
Italy >> 8/7/2014 - Sound Oil, the European / Mediterranean focused upstream oil and gas company, is pleased to update investors on its preparations for the forthcoming Badile exploration well. ...
Roxi Agrees to Issue Shares
Russia >> 8/7/2014 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announces that it has agreed to issue 3,955,438 new Roxi shares in satisfaction of a $500,000 debt. ...
China Stock Movements in July 2014
China Stock Movements in July 2014 China >> 8/6/2014 - The latest information for May showed Chinese total oil commercial inventories rose by 1.0 mb, reversing the fall of the last two months. At 407.1 mb, Chinese inventories were nearly 26 mb above last ...
US Signs $500 Million Pact to Boost Ghana's Energy Sector
Ghana >> 8/5/2014 - The United States will invest nearly $500 million to modernize Ghana's power sector in a bid to help it attract private sector investment and double energy access on the African continent, the State D...
Two Companies to Invest $5 Billion in African Energy Projects
Nigeria >> 8/5/2014 - Blackstone and Dangote Industries announced a commitment by Black Rhino, a portfolio company of Blackstone Energy Partners and affiliated funds managed by Blackstone, and Dangote Industries to jointly...
Mexico Senate Approved Final Changes to Energy Reform
Mexico >> 8/5/2014 - Mexico's Senate gave final approval to the backbone of a landmark energy reform as the government prepares to lure investment by major oil companies to stem the country's declining oil production. ...
Blackstone to Invest $5b in African Energy Infrastructure Projects
Nigeria >> 8/5/2014 - Blackstone and Dangote Industries announced a commitment by Black Rhino, a portfolio company of Blackstone Energy Partners and affiliated funds managed by Blackstone, and Dangote Industries to jointly...
Pluspetrol to Invest $500 Mln in Peru Natgas Block
Peru >> 8/4/2014 - The Camisea Consortium, led by Argentine energy company Pluspetrol, said it plans to invest $500 million in the next two years to explore and develop natural gas block 88 in southern Peru. ...
GE to Invest $2 Bln to Boost African Energy, Infrastructure
Angola >> 8/4/2014 - General Electric Co pledged to invest $2 billion in Africa by 2018 to boost infrastructure, worker skills and access to energy, an announcement timed to coincide with a U.S. summit meeting of nearly 5...
Joint Venture Secured with Geo Estratos Joint Venture Secured with Geo Estratos
Mexico >> 8/1/2014 - MX Oil plc is pleased to provide an update on its activities in line with the Company's strategy to explore investment opportunities in Mexico's energy industry, which is being reopened to the private...
Strategic Agreement Provides Exposure to Mexico
Mexico >> 8/1/2014 - Northcote has entered into an Agreement with MX Oil plc (formerly Astar Minerals plc), the AIM listed company focused on opportunities in the upstream oil and gas sector in Mexico. Northcote became aw...

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