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Serinus Secures $60 Million EBRD Financing for Tunisia
Tunisia >> 11/21/2013 - Serinus Energy Inc. (Serinus Energy, “SEN”), an international upstream oil and gas exploration and production company, is pleased to announce that it has signed two loan agreements in the aggregate am...
Japan Stock Movements
Japan Stock Movements Japan >> 11/18/2013 - In September, total commercial oil stocks in Japan rose by 3.7 mb, reversing the drop of last three months, to stand at at 164.4 mb. As this level, Japanese oil inventories are 17.0 mb or 9.4% below...
Revenues from Buy-Backs Lower Than Iran Potentials
Iran >> 11/17/2013 - The director for legal affairs of National Iranian Oil Company (NIOC) says buy-back contracts have attracted only 50 billion dollars in investment for Iran’s petroleum industry over 15 years. ...
US Stock Movements
US Stock Movements United States >> 11/17/2013 - Preliminary data for October shows that US total commercial oil stocks fell by 8.9 mb, reversing the build of the last two months, to stand at 1,116.9 mb. Despite this drop, inventories stood at 2.1...
Venezuela's PDVSA Says $4.5 bln Bond Offer Begins
Venezuela >> 11/14/2013 - PDVSA President Rafael Ramirez said the Venezuelan state oil company's new $4.5 billion bond offer is starting. ...
PDVSA Delves into $4.5bln More Debt
Venezuela >> 11/12/2013 - Petroleos de Venezuela SA will sell $4.5 billion in bonds this week in the first issuance by a state entity since May 2012 as the government seeks to bolster shrinking reserves and curb the world’s fa...
Stock Movements - Nov 13
Austria >> 11/12/2013 - OECD
Preliminary data for September shows that total OECD commercial oil stocks rose by 7.5 mb to stand at 2,687 mb, reversing the fall of the last month. At this level, inventories were...
Total Ready to Resume Business with Iran
Total Ready to Resume Business with Iran Iran >> 11/11/2013 - Total SA, Europe’s biggest oil refiner, will resume business with Iran if diplomatic talks lead to the removal of sanctions, Chief Executive Officer Christophe de Margerie said at a conference in Abu ...
Egypt Inks 5 Exploration Deals Worth $115.5 mln
Egypt Inks 5 Exploration Deals Worth $115.5 mln Egypt >> 11/10/2013 - Egyptian Minister of Petroleum & Mineral Resources Sherif Ismail signed five new agreements with two Canadian and Greek oil giants in the petroleum and natural gas exploration domain at 115.5-million-...
Repsol Plans $4 bln Venezuela Investment up to 2022
Venezuela >> 11/8/2013 - Spain's Repsol plans to invest $4 billion from now until 2022 in its various oil and gas projects in Venezuela, state-oil company PDVSA said. ...
Companies to Spend up to $300 Mln on Ivory Coast Blocks
Ivory Coast (Cote D'Ivoire) >> 11/6/2013 - France's Total with partners Anadarko and Canada's CNR will spend up to $300 million to drill exploration wells on three offshore blocks in Ivory Coast in 2014, the head of Total's local unit said. ...
Ghana to Receive One Billion Dollar Loan from Brazil
Ghana >> 11/6/2013 - President John Dramani Mahama said Ghana would soon receive a one billion dollar loan facility from the Brazilian government to undertake projects in energy, agriculture and other development projects...
Batista's OSX Gets Lifeline as 2 Banks Refinance Loan
Brazil >> 11/5/2013 - OSX Brasil SA, the struggling shipbuilder controlled by former Brazilian billionaire Eike Batista, got a much-needed lifeline after two banks agreed to refinance a 400 million real ($175 million) loan...
Guatemala Withdraws from Petrocaribe Oil Alliance
Guatemala >> 11/4/2013 - Guatemala has withdrawn from the Venezuelan-led Petrocaribe oil alliance after the Central American nation failed to negotiate favorable rates for purchases and financing, a vice-presidential spokespe...
Egypt Signs 9 Petroleum Agreements with $470m Investments
Egypt >> 11/1/2013 - Egypt, represented in the Petroleum Ministry, signed nine agreements in the petroleum and natural gas exploration domain with 470-million-dollar investments, Minister Sherif Ismail said on 31/10/2013....
Brazil Bourse Removes OGX from Indices
Brazil >> 10/30/2013 - Brazil's BM&F Bovespa, operator of the Sao Paulo stock exchange, said that it would remove oil company OGX Petroleo e Gas Participacoes SA from its various stock indices but that the shares, after a b...
Gazprom Approves Adjusted Investment, Budget & Cost Reduction Program for 2013
Russia >> 10/29/2013 - The Gazprom Board of Directors approved the adjusted Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2013. ...
OGX Readies Bankruptcy Filing, to Exclude Gas Unit
Brazil >> 10/28/2013 - OGX Petroleo e Gas Participacoes SA, the Brazilian oil company controlled by former billionaire Eike Batista, will file for bankruptcy protection as early as Tuesday, three sources with direct knowled...
Libra Field Costs will not Delay Other Projects
Brazil >> 10/28/2013 - The cost of developing the giant offshore Libra oil field will not delay other projects in the portfolio of Brazil's state-run oil company Petroleo Brasileiro SA, Director of Exploration Jose Formigli...
Total Developing Natural Gas Field off Argentina
Argentina >> 10/24/2013 - Total (operator, 37.5%) has taken the final investment decision to develop the offshore Vega Pleyade gas and condensate field. ...

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