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Petrobras Signs US$4.35 billion Revolving Credit Facility
Brazil >> 3/8/2018 - Petrobras has signed with a syndicate of 17 banks, a revolving credit facility (RCF) in the amount of US$ 4.35 billion, with maturity in March 2023. Through the instrument, the company may make withdr...
ExxonMobil Outlines Aggressive Growth Plans to More than Double Earnings
United States >> 3/7/2018 - ExxonMobil outlined an aggressive growth strategy to more than double earnings and cash flow from operations by 2025 at today’s oil prices. ...
Duqm Refinery to Achieve Financial Close in Second Quarter of 2018
Oman >> 3/5/2018 - Duqm Refinery, a 50:50 partnership of Oman Oil Company and Kuwait Petroleum International (KPI), hopes to close the financing of its estimated $7 billion grassroots refinery project in Duqm Special Ec...
EMGS Announces Proposed Comprehensive Refinancing
Norway >> 3/2/2018 - As further described in Electromagnetic Geoservices Q4 2017 report, published on 8 February 2018, the Company's financial situation is such that additional financing is required. ...
Wentworth Provides Payment Update
Tanzania >> 3/1/2018 - Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, is providing an update to shareholders regarding recent payments received for gas sales. ...
Nu-Oil & Gas Announces Placing to Raise £2.0 million
United Kingdom >> 3/1/2018 - Nu-Oil has completed a placing of new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") to raise £2.0 million in total before expenses. The Company placed 160,000,000 new Ordinary ...
KrisEnergy to Divest its Interest in the Block A Aceh Gas Project
Indonesia >> 3/1/2018 - Announcing a financial and operational update, KrisEnergy said a capital markets restructuring was undertaken in late 2016/early 2017 and the Group’s business strategy was reset to focus capital resou...
Gazprom Neft Reports Record Financial Performance for 2017
Russia >> 2/28/2018 - The company achieved record results across a number of financial metrics in 2017. Company revenue including duties (sales) for the 12 months ended 31 December 2017 was in excess of RUB2 trillion, an i...
Gastar Exploration Closes Sale of Non-Core Acreage in Oklahoma
United States >> 2/28/2018 - Gastar Exploration Inc. has completed the previously announced sale of its interest in the West Edmond Hunton Lime Unit for $107.5 million, adjusted for the effective date of October 1, 2017 and resul...
Statement Regarding Media Speculation
Namibia >> 2/26/2018 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, notes the recent media speculation and confirms that it is in advanced stages of completing a new equity fundra...
Meethaq, HCF Sign Financing Deal for Oman Project
Oman >> 2/24/2018 - Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and Hydrocarbon Finder E&P LLC (HCF) signed an Islamic project financing facility for the development of oil and gas fields in Oman’s ...
BHP, ExxonMobil Drop Sale of Australian Oil and Gas Assets
Australia >> 2/23/2018 - BHP Billiton Ltd and ExxonMobil Corp’s Esso Australia have dropped a sale process started 20 months ago for some of Australia’s oldest and largest oilfields. ...
President Energy Provides Update on Argentina Operations
Argentina >> 2/22/2018 - President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, is pleased to announce that it has recorded record resu...
Austrian Oil & Gas Firm OMV Plans to Grow via Takeovers
Russia >> 2/21/2018 - Austrian oil and gas company OMV aims to grow its business with acquisitions in 2018 and increase its earnings by further cutting costs, its chief executive said on Wednesday. ...
Independent Oil and Gas Announces Corporate & Funding Update
United Kingdom >> 2/21/2018 - Independent Oil and Gas plc, the development and production focused Oil and Gas Company, is pleased to provide the following financial, operational and Board update. ...
MX Oil Announces Placing & Update on Aje Field
Nigeria >> 2/20/2018 - MXO plc, the oil and gas investing company listed on AIM, is pleased to announce that it has raised £500,000 before expenses via a placing (the "Placing") of 100 million new ordinary shares at a price...
Lukoil Discusses with Employees Prospects of Company Development in Perm Region
Russia >> 2/20/2018 - During his working visit to Perm Region, President of LUKOIL Vagit Alekperov, jointly with Governor Maxim Reshetnikov, held meetings with employees of LUKOIL's subsidiaries, contractors and service co...
Congo Seeks Relief Talks with Oil Traders over $2b Debt
Congo >> 2/20/2018 - Congo Republic is set to become the latest African country to start debt relief talks with trading houses after borrowing $2 billion from merchants such as Trafigura and Glencore but now finding its d...
Lukoil & Komi Develop Cooperation
Russia >> 2/19/2018 - President of LUKOIL Vagit Alekperov and the Head of the Republic of Komi, Sergey Gaplikov, signed yet another protocol to the Agreement on Cooperation between the company and the region, in Usinsk tod...
ShaMaran Announces Payment for Atrush Oil Deliveries
Iraq >> 2/15/2018 - ShaMaran Petroleum Corp. reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 16.2 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government (“KRG”) as...

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