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Japan Stock Movements
Japan Stock Movements Japan >> 9/29/2013 - In July, total commercial oil stocks in Japan declined by 2.0 mb for the second consecutive month to stand at 165.2 mb. As this level, oil inventories are 13.0 mb or 7.3% below a year ago and 13.6 mb ...
Proposed Equity Investment by IFC
United Kingdom >> 9/27/2013 - President Energy is pleased to announce that it has reached agreement in principle with the International Finance Corporation (IFC), the private sector arm of the World Bank Group, for a proposed inve...
US Stock Movements
US Stock Movements United States >> 9/26/2013 - Preliminary data for August shows that US total commercial oil stocks fell slightly by 0.7 mb, reversing the build of the last five months, to stand at 1121.2 mb. Despite this decline, inventories sto...
CNOOC to Spend $2 Billion on Uganda's Kingfisher Field
Uganda >> 9/25/2013 - China's CNOOC has won a final production license for Uganda's Kingfisher oil field and will spend $2 billion over four years to develop it, a senior Ugandan official said. ...
UK Desperate to Earn Sanctions Waiver for BP Gas Field
UK Desperate to Earn Sanctions Waiver for BP Gas Field Iran >> 9/24/2013 - The tangible fact, which finally showed itself up as one of the slightest results of the illegal sanctions against Iran's energy sector, has made UK suffer in such a way that the UK Department of Ener...
Brazil Ready to Finance Petrobras in Oil Auction
Brazil >> 9/21/2013 - Brazil's government plans to finance state-run oil company Petroleo Brasileiro SA's participation in the October 21 auction of Libra, country's largest-ever oil discovery, the Estado de S. Paulo daily...
Investment Flows into Commodity Markets
Investment Flows into Commodity Markets Austria >> 9/21/2013 - The total open interest volume (OIV) in major commodity markets in the US increased marginally by a little over 0.5% m-o-m to 8.8 million contracts in August. The growth was mainly attributed to highe...
Petrobras will Invest R$ 4 bln in 2013
Brazil >> 9/18/2013 - The president of Petrobras, Maria das Gracas Silva Foster said, at a public hearing at the Senate, that the Company will invest R$ 4 billion in 2013 and R$ 21.2 billion between 2013-2017 in Informatio...
PDVSA Inks $14bln CNPC Deal in the Junin 10 Block
Venezuela >> 9/18/2013 - China's CNPC will work with Venezuela's state oil company PDVSA to develop the Junin 10 block in the South American country's Orinoco extra heavy crude belt, the Venezuelan petroleum minister said. ...
UK Seeks Exemption from Iranian Sanctions for BP Gas Field
UK Seeks Exemption from Iranian Sanctions for BP Gas Field Iran >> 9/18/2013 - The UK government is in talks with the U.S. and the European Union over a possible exemption to Iranian sanctions that would allow BP PLC to restart a North Sea natural gas field partially owned by a ...
Exxon to Cut Back Libya Presence as Security Crumbles
Libya >> 9/17/2013 - ExxonMobil, the world's largest publicly-traded energy company, said on Tuesday it would cut back its staff and operations in Libya as growing instability no longer justified a major presence. ...
EU Court Rejects Sanctions on Iran ShippingFirm
Iran >> 9/17/2013 - Mohammad Hossein Dajmar, managing director of IRISL, said that EU’s “illegal and unilateral” against the IRISL were thrown out by the European court following months of efforts by Iran. ...
Jupiter Listed on Kazakh Stock Exchange (KASE)
Kazakhstan >> 9/16/2013 - The Board of Jupiter Energy Limited, the Kazakhstan-focused oil exploration and production company, trading on AIM (“JPRL”) and ASX (“JPR”), announces that the Company has fulfilled the relevant con...
Chevron Signs Brazil Oil-Spill Accord
Brazil >> 9/13/2013 - Chevron Corp, the No. 2 U.S. oil company, signed an accord that could lead to the end of civil lawsuits seeking $17.5 billion in damages for a November 2011 oil spill, the company's lawyer in Brazil, ...
Vanoil Initiates Process to Resolve Dispute in Rwanda
Rwanda >> 9/10/2013 - Vanoil Energy Ltd, a Vancouver-based Canadian international oil and gas development company announced its intention to initiate "conciliation" discussions with the government of the Republic of Rwanda...
Stock Movements - Sep 13
Austria >> 9/10/2013 - OECD
Preliminary data for July shows total OECD commercial oil stocks rose by 5.3 mb for the second consecutive month, ending July at 2,668 mb. At this level, inventories were 55.5 mb be...
Petronas Exiting Venezuela Crude Project
Venezuela >> 9/9/2013 - Malaysian oil company Petronas is exiting one of the biggest petroleum projects in Venezuela's Orinoco belt after disagreements with state-run PDVSA, sources close to the venture told Reuters. ...
Brazilian Oil Firm OGX Presses Batista for Cash
Brazil >> 9/6/2013 - OGX, the debt-laden Brazilian oil company, said on it has called in a promise from controlling stakeholder Eike Batista to start injecting $1 billion into his empire's flagship company while it renego...
Venezuela Expropriated ConocoPhillips’ Investments
Venezuela >> 9/3/2013 - ConocoPhillips announced that an international arbitration Tribunal ruled Venezuela unlawfully expropriated ConocoPhillips’ significant oil investments in the Petrozuata and Hamaca heavy crude oil pro...
Petrofac Sees Opportunities in Mexico Reforms
Mexico >> 8/27/2013 - British energy services firm Petrofac Ltd (PFC.L) said it was well placed to capitalise on increased investment in oil and gas projects in Mexico as the country opens up its energy industry, even if t...

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