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San Leon Issues Announcement Regarding Takeover Speculation
Ireland >> 12/19/2016 - The Board of San Leon notes the takeover speculation regarding San Leon in the weekend press.The Board of San Leon confirms that it has received an approach from a possible offeror, which may or may n...
Yamal LNG Signed Loan Agreement with JBIC
Russia >> 12/16/2016 - Today, taking the opportunity of the meeting between the President of Russian Federation Vladimir Putin and the Prime Minister of Japan Shinzo Abe, OAO Yamal LNG (“Yamal LNG”) signed a credit line fac...
Petrobras & China Development Bank Signed Contract
Brazil >> 12/16/2016 - Petrobras signed a $ 5 billion ten-year financing agreement with the China Development Bank (CDB). The funding is the result of commitment agreement entered into between the parties, as announced on 2...
IFC Commits $517m to Support Ghana’s Sankofa Gas Project
Ghana >> 12/15/2016 - IFC and MIGA, members of the World Bank Group, today announced the commitment of $517 million in debt and guarantees to support Ghana’s Sankofa Gas Project, an integrated offshore oil and natural gas ...
Cooper Signs Fourth Gas Sales Agreement for Sole Gas Project
Australia >> 12/14/2016 - Cooper Energy announces the signing of a binding gas sales agreement with EnergyAustralia for the supply of 5 PJ per annum from the Sole gas field for a minimum of 5 years, with provision for a 3 year...
Savannah Petroleum Signs New Revolving Loan Facility
United Kingdom >> 12/14/2016 - Savannah Petroleum PLC (Savannah) is pleased to announce the signature of a new €11.4 million revolving loan facility (the Facility) with Oragroup SA, the West and Central Africa focused banking grou...
Balance of Supply and Demand - December 2016
Austria >> 12/14/2016 - Demand for OPEC crude in 2016 was unchanged from the previous month to stand at 31.9 mb/d, which is 1.9 mb/d higher than 2015. In 2017, the demand for OPEC crude is projected at 32.6 mb/d, around 0.1 ...
Gazprom Signs EUR 800 million Credit Facility Agreement
Russia >> 12/13/2016 - Gazprom, Japan's Mizuho Bank and Sumitomo Mitsui Banking Corp (SMBC), and U.S.-based J.P. Morgan have signed a four-year EUR 800 million Facility Agreement. It was noted that the signing of the Agreem...
LGO Energy Announces Placing to Raise £1.18 Million
United Kingdom >> 12/13/2016 - LGO has raised £1.18 million, before expenses, by way of a placing of 984,600,000 new ordinary shares of 0.05p each (the Placing Shares) at a placing price of 0.12p per share (Placing Price) through a...
Kuwait's KNPC Mandates Banks for $4B Loan Facility
Kuwait >> 12/12/2016 - Kuwait National Petroleum Co (KNPC) has selected 10 international banks to provide a loan facility of more than $4 billion to back its Clean Fuels project, banking sources said. ...
Russia's Yamal LNG Gets 750 Mln Euros in Credit Line from Intesa
Russia >> 12/12/2016 - Russia's Yamal LNG project, which aims to start producing liquefied natural gas next year, said on Monday it had obtained a 14.5-year credit line worth 750 million euros ($796 million)from Intesa Sanp...
Mizuho Bank, SMBC & J.P. Morgan to Provide EUR 800 million Credit Facility to Gazprom
Russia >> 12/12/2016 - Gazprom, Japan's Mizuho Bank, Ltd. (Mizuho) and Sumitomo Mitsui Banking Corporation (SMBC), and U.S.-based JPMorgan Chase Bank, N.A. (J.P. Morgan) signed a four-year EUR 800 million Facility Agreement...
Bahrain LNG Completes $741M Syndicated Loan
Bahrain >> 12/12/2016 - Bahrain LNG WLL, the developer and owner of the first LNG receiving and regasification terminal in the Middle East developed on a PPP basis, has completed limited recourse financing for the project. B...
Full & Final Settlement Of Transocean Court Case & Liabilities
United States >> 12/12/2016 - Lansdowne Oil & Gas plc (Lansdowne), the independent oil and gas company focused on offshore Ireland, has triggered its outstanding option agreement with its major shareholder, and has placed 30,000,0...
OECD Stock Movements - November 2016
OECD Stock Movements - November 2016 Austria >> 12/8/2016 - Preliminary data for September shows that total OECD commercial oil stocks fell by 13.4 mb to stand at 3,052 mb, which is around 99 mb higher than at the same time one year ago and 304 mb above the la...
Oil Prices Slip After Rallying to One-Year High
Oil Prices Slip After Rallying to One-Year High Austria >> 12/7/2016 - Oil futures eased Wednesday, as the market sought direction after last week’s meeting of the Organization of the Petroleum Exporting Countries. ...
Polarcus Provides Q4 and Full-Year 2016 Update
United Arab Emirates >> 12/7/2016 - Polarcus Limited (Polarcus) updates its guidance relative to multi-client prefunding estimated for the full year 2016. Based on preliminary numbers, the Company expects to report a prefunding level o...
The 2017 Edition of Abu Dhabi Sustainability Week (ADSW)
The 2017 Edition of Abu Dhabi Sustainability Week (ADSW) United Arab Emirates >> 12/7/2016 - The 2017 edition of Abu Dhabi Sustainability Week (ADSW) is on track to be the most important in the event’s history for driving commercially focused action, said industry leaders at a press event tod...
LGO Signs Funding Deal to Restart Goudron Field Drilling
Trinidad and Tobago >> 12/7/2016 - LGO is pleased to announce that agreements have been signed which will pay off the Company's entire remaining debt to BNP Paribas (BNPP), and put in place a new US$8.6 million Convertible Security Fun...
NBAD and FGB to Create Middle East’s Biggest Bank
United Arab Emirates >> 12/7/2016 - National Bank of Abu Dhabi (NBAD) secured shareholders' assent to merge with First Gulf Bank (FGB) at a meeting, a spokesman for NBAD said. ...

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