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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. ...
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...
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 ...
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. ...
Trinidad Approves New Positive Fiscal Incentives
Trinidad and Tobago >> 6/17/2014 - Range confirmed that, further to announcement of 16 September 2013, the Government of Trinidad and Tobago has approved and adopted the proposed budget incentives for oil and gas companies introduced b...
Amsas Consulting Terminates MOU with Kilimanjaro Capital
Somalia >> 6/17/2014 - Amsas Consulting the Operator of the Amsas-Coriole-Afgoye (ACA) Block in Somalia advises Kilimanjaro Capital that it has terminated its Memorandum of Understanding (MOU) agreed by both parties in Sept...
Brazil Offers Angola $2 Billion Credit for Energy, Construction
Angola >> 6/16/2014 - Brazil has offered Angola a new credit line worth $2 billion for use in the sub-Saharan African country's energy and construction sectors, Angolan Finance Minister Armando Manuel said. Several Brazili...
Brazil Court Approves Restructuring of Batista's Oleo e Gas
Brazil >> 6/13/2014 - A judge approved a restructuring plan for Oleo e Gas Participacoes SA, the oil company controlled by Brazilian tycoon Eike Batista, according to a statement by the Rio de Janeiro court that heard the ...
Stock Movements - June 14
Austria >> 6/12/2014 - OECD commercial oil stocks surged in April by around 50 mb to stand at 2,621 mb. Despite this seasonal build, inventories were around 80 mb less than the last five-year averages of both crude (16 mb...
Investment Flows into Commodities Markets
Investment Flows into Commodities Markets Austria >> 6/8/2014 - The total open interest volume (OIV) in major commodity markets in the US increased slightly by around 0.15% m-o-m to 8.7 million contracts in April as agriculture and copper OIV’s improved by 2.9% an...
US Stock Movements in May 2014
US Stock Movements in May 2014 United States >> 6/8/2014 - Preliminary data for April shows that US total commercial oil stocks rose strongly by 47.1 mb, reversing the decline of the previous month to stand at 1,084.1 mb. Despite this build, US commercial oil...
Energy Reform Will Strengthen the Competitiveness of Pemex
Mexico >> 6/5/2014 - The Energy Reform will overcome the challenges of the oil industry in technology and investment, with new participants in an open market, to detonate an injection of more than 60 billion dollars annua...

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