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INEOS Completes $80M Investment in Re-routing of North Sea Gas Field
United Kingdom >> 11/22/2018 - A new pipeline, subsea infrastructure and processing equipment has been installed to re-route production from the Clipper South field as ConocoPhillips commence the shutdown of operations at the exist...
BP to Invest $1b in South Africa, Including Refinery Upgrade
South Africa >> 11/22/2018 - BP Southern Africa (BPSA) will invest $1 billion in South Africa in the next five years with more than a quarter of that set aside to upgrade the SAPREF refinery to produce lower sulfur diesel, its ch...
Gazprom Management Committee Approves Investment Program & Budget for 2019
Russia >> 11/22/2018 - The Gazprom Management Committee took note of the information about the Company’s preliminary operating results for 2018 and the projected investment program and budget (financial plan) for 2020–2021....
Saudi Aramco & ADNOC Sign Framework Agreement
Saudi Aramco & ADNOC Sign Framework Agreement Saudi Arabia >> 11/12/2018 - Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC) signed a framework agreement to explore opportunities for collaboration in the Natural Gas and Liquefied Natural Gas (LNG) sector.

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ENGIE to Mobilize 800 million Euros to Develop Green Gases in the Next 5 Years in France
France >> 11/11/2018 - On Friday, during the inauguration of the Beauce Gâtinais Biogas (BGB) methanization unit in France, in presence of François de Rugy, French Minister of State, Minister of the Ecological and Solidarit...
Reabold Resources Announces Investment in Rathlin Energy
United Kingdom >> 11/5/2018 - Reabold Resources has signed a subscription agreement with Rathlin Energy (UK), a wholly-owned subsidiary of Calgary-based Connaught Oil & Gas, to invest a total of Ł3 million for an equity interest o...
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan United Arab Emirates >> 11/4/2018 - Abu Dhabi’s Supreme Petroleum Council (SPC) approved the Abu Dhabi National Oil Company’s (ADNOC) new integrated gas strategy and plans to increase its oil production capacity to 4 million barrels per...
Senex Energy Announces Final Investment Decisions for Project Atlas and Roma North
Australia >> 10/29/2018 - Senex Energy has announced that following financial close of its $150 million debt facility, Final Investment Decisions have been taken and multi-year work programs sanctioned for Project Atlas and Ro...
QP to Allocate Free QAMCO Shares for Qataris Covered by Security Law
Qatar >> 10/28/2018 - Qatar Petroleum will allocate 750 free shares in Qatar Aluminium Manufacturing Company "QAMCO" (under incorporation) to all registered Qatari beneficiaries covered by the Social Security Law. ...
Gazprom Approves Revised Investment Program & Budget for 2018
Russia >> 10/26/2018 - The Gazprom Board of Directors approved the revised investment program and budget (financial plan) for 2018. The key figures of the investment program did not change compared to the version approved b...
Petroleum Minister & Petronas Disscus Activities in Egypt
Petroleum Minister & Petronas Disscus Activities in Egypt Egypt >> 10/26/2018 - Minister of Petroleum and Mineral Resources Tareq el Molla discussed with President and CEO of Malaysia’s Petronas Wan Zulkiflee means of boosting the Malaysian firm’s activities and investments in Eg...
Austria's OMV Postpones Decision on Black Sea Offshore Investment
Romania >> 10/24/2018 - Austria’s energy group OMV has postponed an investment decision on its Black Sea exploration project until next year because the Romanian government took too long to set the framework conditions, its ...
Aramco Signs 15 MOUs at the FII Forum Worth $34B
Aramco Signs 15 MOUs at the FII Forum Worth $34B Saudi Arabia >> 10/23/2018 - At the highly impactful Future Investment Initiative (FII) forum in Riyadh, Saudi Aramco signed 15 Memoranda of Understanding (MoUs) and strategic and commercial collaborations valued at more than US...
United Energy Group Will Invest in Egypt
United Energy Group Will Invest in Egypt Egypt >> 10/18/2018 - In Recent, Zhu Junfeng, CEO of United Energy Group, Mansour Bukhamseen, Board Chairman of Kuwait Energy Company and their delegators visited and met with Tarek Molla, Egypt Petroleum Minister. Molla w...
OPEC Urges Producers to Ramp up Investment
Austria >> 10/16/2018 - OPEC Secretary-General Mohammad Barkindo on Tuesday urged oil producing companies to increase capacities and invest more to meet future demand as spare oil capacity shrinks worldwide. ...
ADNOC Aims to Deepen Energy Partnership Opportunities with India
United Arab Emirates >> 10/15/2018 - His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), met, with His Excellency Narendra Modi, Prime Minister of India, at an invi...
Estimated Investments Reduced by NOK 30B for Projects in the Implementation Phase
Norway >> 10/8/2018 - Equinor has reduced the estimated investments for operated projects in the development phase on the Norwegian continental shelf by some NOK 30 billion since the development plans were submitted to Nor...
Melbana Energy Signs LOI with China's AGMI for Cuba Block 9 Farmout
Cuba >> 10/8/2018 - Melbana Energy has signed a non-binding Letter of Intent (LOI) with Anhui Guangda Mining Investment ('AGMI') with respect to its Block 9 Production Sharing Contract in Cuba. ...
Shell Gives Green Light to Invest in LNG Canada
Canada >> 10/2/2018 - Shell Canada Energy, an affiliate of Royal Dutch Shell plc, has taken a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada,...
Qatar Petroleum CEO Holds Cooperation Talks in Islamabad with Prime Minister Khan
Pakistan >> 9/29/2018 - Qatar Petroleum President and CEO Saad Sherida Al-Kaabi held talks in Islamabad with H.E. Mr. Imran Khan, the Prime Minister of the Islamic Republic of Pakistan, on cooperation in the field of energy....

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