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Norway Waiting for Iran Sanctions Relief
Norway Waiting for Iran Sanctions Relief Iran >> 12/22/2013 - Norway has amassed big wealth mainly due to its huge oil and gas discoveries since the late 1960s. However, Norway does not owe its technology and wealth exclusively to its rich hydrocarbon reserves. ...
Final Investment Decision Approved for $26.9b Yamal LNG
Final Investment Decision Approved for $26.9b Yamal LNG Russia >> 12/18/2013 - The Board of Directors of Yamal LNG approved a final investment decision (FID) for the Yamal LNG project, consisting of the development of the South-Tambeyskoye gas condensate field and the constructi...
Rockhopper Announces Resolution of Capital Gains Tax Liability
Falkland Islands >> 12/18/2013 - Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, has reached an agreement in principle with the Falkland Islands Government ("FIG") regarding the timing and quantu...
Surging Saudi Fuel Use a Bigger Threat Than US Shale Oil
Saudi Arabia >> 12/17/2013 - Rising Saudi energy demand is a bigger threat to the world's biggest oil exporter than surging U.S. shale output, Saudi Jadwa Investment bank says in a study published. ...
Statoil Makes Final Investment Decision on Shah Deniz Stage 2
Statoil Makes Final Investment Decision on Shah Deniz Stage 2 Azerbaijan >> 12/17/2013 - Statoil ASA has together with partners in the Shah Deniz consortium in Azerbaijan made a final investment decision for the stage 2 development of the Shah Deniz gas field in the Caspian Sea offshore A...
AWE Rejects Non-Binding Conditional Senex Scrip Proposal
Australia >> 12/16/2013 - AWE Limited (the “Company”) advises that the Board of AWE has considered and rejected a non-binding and conditional scrip based takeover proposal from Senex Energy Limited ("Senex"). The Board deter...
Dow Chemical Holds Back on Investment in Europe
United States >> 12/16/2013 - Europe’s “backfiring” climate and energy policies are adding to high natural gas costs and holding back Dow Chemical Co.’s investment in the region, said the company’s director of global climate chang...
US Group to Increase Investments in Egypt
Egypt >> 12/16/2013 - Investment Minister Osama Saleh received delegation of the US Improved Petroleum Recovery (IPR) group to discuss desire to increase investments in Egyptian market by around US$300 million in 2014 thro...
Colombia's Ecopetrol Raises 2014 Budget 11% to $10.6 billion
Colombia >> 12/13/2013 - Colombia's state-run oil company Ecopetrol, which produces most of the country's one million barrels per day output, said it would invest $10.6 billion in 2014, two thirds of which will be spent on ex...
Exxon Upbeat on Mexico Oil Reform, BHP Sees Potential
Mexico >> 12/12/2013 - Opening Mexico's oil sector to foreign investors would be a "win-win" for all involved, an Exxon Mobil Corp executive said. ...
Mexico's Landmark Energy Bill Nears Final Approval
Mexico >> 12/12/2013 - Mexico's Congress was poised to complete approval of the biggest overhaul of its oil industry since nationalization 75 years ago, opening the door to investment by oil majors in a bid to reverse falli...
Mexican Senate Gives General Approval to Historic Energy Bill
Mexico >> 12/11/2013 - Mexico's Senate has given general approval to a landmark energy reform that seeks to attract private capital to the state-run oil and gas industry in the biggest overhaul of the sector since it was na...
Chevron Sets $39.8B Capital & Exploratory Budget for 2014
Chevron Sets $39.8B Capital & Exploratory Budget for 2014 United States >> 12/11/2013 - Chevron Corporation announced a $39.8 billion capital and exploratory investment program for 2014. Included in the 2014 program are $4.8 billion of planned expenditures by affiliates, which do not req...
Stock Movements - Dec 13
Austria >> 12/10/2013 - OECD
Preliminary data for October shows that total OECD commercial oil stocks declined by 2.5 mb to stand at 2,693 mb, reversing the build of the last month. At this level, inventories w...
Mexican Senate Committees Debate Revamped Energy Reform
Mexico >> 12/8/2013 - Mexican Senate committees debated an energy bill that would open up the world's 10th-biggest oil producer to private investment by allowing new types of contracts, marking the industry's most dramatic...
Citadel Capital Bullish on Egypt's Return to Growth
Egypt >> 12/5/2013 - Citadel Capital, the leading investment company in Africa and the Middle East, with US$ 9.5 billion in investments under control, was a key participant at the Egypt GCC Investment Forum, a two-day eve...
Ivory Coast Gets $300 Mln Loan for SIR Refinery
Ivory Coast (Cote D'Ivoire) >> 12/4/2013 - IFC, a member of the World Bank Group, and Société Générale have co-arranged a $300 million facility for Cote d’Ivoire’s only oil refinery that will help guarantee a steady supply of critical energy i...
Norway Looking at Reducing Costs in Oil Sector
Norway >> 12/4/2013 - Norway's new government is looking at measures to reduce rising costs in the oil and gas sector as well as tax incentives for energy firms that boost the rate of recovery at offshore fields, the oil a...
Iran’s Oil Industry Seeking Foreign Investment
Iran >> 12/2/2013 - an Iranian deputy minister of petroleum has said that administration of Hassan Rouhani welcomes Japanese and European firms’ investment in Iran’s oil industry. ...
ENI Commits $28 bln to Boost African Output
Nigeria >> 11/28/2013 - Italy's ENI aims to drill 140 new wells over the next four years to 2016, part of an ambitious $28 billion programme the company hopes will boost production in African markets. ...

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