Gulf Oil and Gas accountACCOUNT

Financials and Investment News

PDVSA Announces Swap Offer for 2017 Bonds
Venezuela >> 9/16/2016 - Petroleos de Venezuela, S.A. (PDVSA) announces that as of September 16th is offering a voluntary swap of PDVSA bonds in circulation maturing April 2017 with a coupon of 5.25%, and maturing November 2...
UK Visas & Immigration Launches a New VAC in Mombasa
Kenya >> 9/15/2016 - On Monday 19 September 2016, UK Visas and Immigration’s global commercial partner for UK visa services, TLScontact, will open a Visa Application Centre (VAC) in Mombasa. This is a new centre, in addit...
Touchstone Provides Credit Facility Update
Trinidad and Tobago >> 9/15/2016 - Touchstone Exploration Inc. announces an update regarding its credit facility. ...
Foreign Flights to Nigeria Forced to Refuel Elsewhere
Nigeria >> 9/13/2016 - Foreign airlines flying to Nigeria have started to refuel abroad to bypass pricey, and increasingly scarce, jet fuel as the oil producer battles a hard currency shortage that has made fuel available o...
Balance of Supply and Demand - September 2016
Austria >> 9/12/2016 - Demand for OPEC crude in 2016 was revised down by 0.2 mb/d to stand at 31.7 mb/d, which is 1.7 mb/d higher than the previous year. In 2017, the demand for OPEC crude is projected at 32.5 mb/d, aroun...
Victoria Oil & Gas Settles Reserve Bonus & Contingent Payment Agreements
Cameroon >> 9/8/2016 - Victoria Oil & Gas is pleased to announce that its wholly owned subsidiary Gaz du Cameroun S.A, a BVI company (GDC) has entered into a confidential settlement that resolves all outstanding issues con...
Mexico Sets Minimum Royalty Value for Deepwater Gulf Auction
Mexico >> 9/6/2016 - Mexico's Finance Ministry announced the minimum value of additional royalties for companies participating in a deep-water oil tender, one of the most highly anticipated auctions since the opening of t...
Nigeria's Oil Bill on Hold due to Delta Unrest
Nigeria >> 9/6/2016 - A long-awaited bill reforming Nigeria's petroleum industry is effectively on hold until tensions ease in the restive Niger Delta region, the country's oil hub, an influential senator said. The delay i...
EOG Resources Acquires Yates in Transaction Valued at $2.5b
United States >> 9/6/2016 - EOG Resources, Inc. (EOG) and Yates Petroleum Corporation announced definitive agreements under which EOG has agreed to combine with Yates Petroleum Corporation, Abo Petroleum Corporation, MYCO Indust...
Doriemus Launches Open Offer to Raise up to £865,200
United Kingdom >> 9/6/2016 - Doriemus PLC, the London traded UK focused oil and gas exploration and production investment company, is pleased to announce the launch of a 3 for 10 Open Offer to raise up to £865,200 (before expense...
Aramco Raises Pricing for October Crude to Asia on Demand
Saudi Arabia >> 9/4/2016 - Saudi Arabia, the world’s largest crude exporter, raised pricing for October oil sales to Asia and the US in a sign of strengthening demand. ...
BP's Dudley Sees Oil Price at $50 per Barrel for Rest of 2016
United Kingdom >> 9/2/2016 - BP Chief Executive Robert Dudley said he expected global oil prices to remain at around $50 per barrel till the end of this year and at the same level or even "little above" in 2017, he told reporters...
Tlou Completes Oversubscribed Equity Placement to Raise A$3m
Botswana >> 8/31/2016 - Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and Southern Africa through the development of coal bed methane (CBM) projects, is pleased to announce the s...
Japanese Banks Loan $630M to ADOC to Develop Hail Oilfield
Japanese Banks Loan $630M to ADOC to Develop Hail Oilfield United Arab Emirates >> 8/29/2016 - The Japan Bank for International Cooperation (JBIC) signed on August 26 a loan agreement amounting up to USD378 million with Abu Dhabi Oil Co., Ltd. (ADOC). This loan is cofinanced with Mizuho Bank, L...
Statoil Cuts Johan Sverdrup Costs
Norway >> 8/29/2016 - Quality in planning, project execution and improvement work increases the value of Johan Sverdrup. Since the plan for development and operation (PDO) of the Johan Sverdrup field was approved by Norweg...
Egypt's Debts to Foreign Oil Companies Reach $3.4b in June
Egypt's Debts to Foreign Oil Companies Reach $3.4b in June Egypt >> 8/28/2016 - Egypt's debts to foreign oil companies reached $3.4 billion by the end of June, a Sunday petroleum ministry statement read. This figure is up from $3.2 billion at the end of March. ...
Dana Gas May Seek to Roll Over Part of $700m Islamic Bond
Dana Gas May Seek to Roll Over Part of $700m Islamic Bond Egypt >> 8/28/2016 - Dana Gas PJSC, a producer of natural gas in Egypt, Iraq and the United Arab Emirates, may seek to roll over part of the $700 million Islamic bonds maturing next year, the chief executive officer said....
TTNGL Dividend Announcement
Trinidad and Tobago >> 8/26/2016 - Trinidad and Tobago NGL Limited is pleased to advise that based on the financial results for the half-year ended 30 June, 2016, the Directors have declared an interim dividend of $0.50 per share to Sh...
OPEC Members' Export Revenue Drops to Lowest Level since 2004
OPEC Members' Export Revenue Drops to Lowest Level since 2004 Iran >> 8/26/2016 - Members of the Organization of the Petroleum Exporting Countries (OPEC) earned $404 billion in net oil export revenue in 2015, according to U.S. Energy Information Administration (EIA) estimates. Thes...
Nigeria Banks Banned from Foreign Currency Deals
Nigeria >> 8/24/2016 - Nine Nigerian banks have been suspended from foreign currency trading for not paying money owed to the government, a central bank source has told the BBC. The banks are said to be withholding a total ...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.