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Lukoil Returns Investments on West Qurna-2 Project
Iraq >> 7/30/2014 - A crude carrier chartered by LITASCO (LUKOIL's international marketing and trading arm) arrived in South Iraq's port of Basra to receive the first batch of oil as part of the recovery of LUKOIL's cost...
Sound Oil Announces Institutional Investment
Italy >> 7/29/2014 - Sound Oil, the Mediterranean focused upstream oil and gas company, is pleased to announce the completion of the final stage of the £14 million institutional investment first announced by the Company o...
Commercial GTL Plant Go Ahead
United States >> 7/29/2014 - Velocys plc (VLS.L), the technology innovator for smaller scale gas-to-liquids (GTL), is pleased to announce that the final investment decision (FID) has been made to proceed with construction of a co...
CompactGTL Nets $50m Pot in GTL Plant Project
Kazakhstan >> 7/29/2014 - US$50 million investment and bolstered management, in support of world’s first commercial modular GTL plant project in Kazakhstan. ...
Committees in Lower House Pass Energy Reform Bills
Mexico >> 7/26/2014 - Committees in Mexico's lower house approved laws fleshing out a landmark energy reform that seeks to drive private investment into the long-shuttered sector. ...
The World Bank Approves $50m Oil and Gas Loan for Kenya
Kenya >> 7/24/2014 - The World Bank’s Board of Executive Directors approved US$50 million for the Government of Kenya to strengthen its capacity to manage the oil and gas sector and the distribution of its revenues to cre...
Mexican Approves Bulk of Pending Energy Legislation
Mexico >> 7/21/2014 - Mexico's Senate completed approval of the bulk of legislation setting out rules and regulations for President Enrique Pena Nieto's opening of the oil and gas market, the cornerstone of his economic ag...
PEDEC Welcomes Foreign Investments in South Azadegan
Iran >> 7/20/2014 - Petroleum Engineering and Development Company (PEDEC) welcomes foreign investment in the development project of South Azadegan oilfield. ...
Mexico Senate Gives Final Approval to Key Energy Reform Bill
Mexico >> 7/19/2014 - Mexico's Senate gave final approval to a bill to regulate the opening of the oil and gas industries to private investment, the centerpiece of President Enrique Pena Nieto's economic reform agenda. ...
Mexico's Senate Committees Approve Energy Reform Bills
Mexico >> 7/15/2014 - Senate committees approved a set of laws to regulate the opening of Mexico's oil and gas industries to private investment, the centerpiece of President Enrique Pena Nieto's economic agenda. ...
Hibiscus Petroleum Appoints Investment Banks as Advisors
Malaysia >> 7/10/2014 - Hibiscus Petroleum has appointed two prominent investment banks to act as its advisors in support of the Company’s strategic plans as it embarks on its next phase of growth. ...
Stock Movements - July 14
Austria >> 7/10/2014 - OECD commercial oil stocks rose in May by around 32 mb to stand at 2,656 mb, the highest level in seven months. Despite this seasonal build, inventories were still around 53 mb less than the latest fi...
Iran Seeking Foreign Investment for Offshore Fields
Iran >> 7/6/2014 - Iran is looking for foreign investment to develop ten offshore oil fields, a senior energy official says amid growing hopes for the easing of sanctions on the Islamic Republic. ...
Extraction Tax Rate is Reduced for Karazhanbasmunai
Kazakhstan >> 6/25/2014 - JSC KazMunayGas Exploration Production is pleased to announce that the Kazakh Government has included the Karazhanbas oil and gas field (in the Tupkaragan District, Mangystau Province) in the list of ...
Brazil to Sell Cash-Strapped Petrobras New Oil Rights
Brazil >> 6/25/2014 - Brazil plans to sell billions of dollars worth of offshore oil rights to state-run oil company Petrobras, a move expected to saddle the company with new costs even as its debt soars and it struggles t...
Japan Stock Movements in June 2014
Japan Stock Movements in June 2014 Japan >> 6/23/2014 - In Japan, total commercial oil stocks rose by 3.2 mb in April, following a drop in the previous two months to stand at 150.7 mb. Despite this build, Japanese oil inventories are 18.6 mb or 11% below w...
Pemex Presents its Sustainability Report 2013
Mexico >> 6/23/2014 - During the last 5 years, PEMEX has achieved a reduction of 15 million tons in emissions of CO2 (carbon dioxide), which represents 50 percent of the target for the company in the Special Climate Change...
YPF Says its Assets Can't Be Embargoed by Creditors
Argentina >> 6/21/2014 - Argentina's state oil producer, YPF, said that since it is an "independent" company its assets cannot be embargoed by so-called holdout investors who are demanding full payment following the country's...
Petrobras Sells its Assets in Brazil
Petrobras Sells its Assets in Brazil Brazil >> 6/20/2014 - Petrobras clarifies news broadcast in the media about a potential sale of asset. ...
Rural Landowners Pose Threat to Foreign Energy Investors
Mexico >> 6/18/2014 - When foreign investors begin to pour into Mexico's overhauled energy sector in the coming months, they will face a potent force well-known to miners: Mexico's ejidos, or rural landowner groups. ...

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