United States >> 6/3/2014 - Energy XXI has completed the acquisition of EPL Oil & Gas (EPL) for approximately $2.3 billion, making Energy XXI the largest publicly traded independent operator on the Gulf of Mexico shelf. ... |
Egypt >> 6/1/2014 - Egypt's minister of electricity and renewable energy, Mohamed Shaker, headed to Ethiopia to participate in the US-Africa Energy Conference aimed at developing energy plans in Africa, reported the stat... |
Tunisia >> 5/30/2014 - Nawara project underlines Tunisia’s significant role in OMV’s portfolio. Tunisian Minister of Industry, Energy and Mines, Kamel Ben Naceur, the Chairman of the Tunisian National Oil Company ETAP, Moha... |
Peru >> 5/28/2014 - The China National Petroleum Corporation (CNPC) expects to invest at least $2 billion in Peru over the next 10 years, after having recently bought Petrobras' assets in the country, a top CNPC executiv... |
Mexico >> 5/28/2014 - Mexico's national oil company Pemex is in the final stages of negotiating to form an investment fund with two Chinese companies that could eventually finance up to $5 billion in Pemex energy infrastru... |
China >> 5/27/2014 - The latest information for March shows that Chinese total commercial oil inventories fell by 10.2 mb, reversing the build of the previous three months to stand at 410.3 mb. At this level, inventories ... |
Russia >> 5/26/2014 - North Atlantic Drilling Ltd. (NADL) and Seadrill Limited (Seadrill) are pleased to announce that an Investment and Co-operation Agreement has been executed with Rosneft in order to pursue growth oppor... |
Iran >> 5/24/2014 - National Iranian Oil Company (NIOC) is to provide the remaining 500 million dollars needed for the Phase 12 development of the giant South Pars gas field. ... |
China >> 5/23/2014 - Alexey Miller, Chairman of the Gazprom Management Committee signed an order to start the implementation of Gazprom's investment projects for gas supply to China. Starting from today, all the specializ... |
Venezuela >> 5/21/2014 - Venezuelan state oil company PDVSA said it had been granted a total of $2 billion in credit lines by oilfield services companies Halliburton Co, Schlumberger NV and Weatherford International Ltd. ... |
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Japan >> 5/19/2014 - In Japan, total commercial oil stocks fell slightly by 0.6 mb in March, following a drop of 7.8 mb in February. At 147.5 mb, Japanese oil inventories were 20.6 mb or 12% below what they were a year ag... |
Brazil >> 5/14/2014 - Brazil's Senate opened an inquiry into alleged corruption and mismanagement at state-run oil company Petroleo Brasileiro SA, a probe that could complicate President Dilma Rousseff's bid for reelection... |
Venezuela >> 5/13/2014 - Conocophillips CEO Ryan Lance said that his company and Venezuela's state-owned PDVSA are due to argue damages before an arbitration panel as their dispute over oil assets moves forward. ... |
Morocco >> 5/13/2014 - Tangiers Petroleum has resolved to place a$5 million worth of shares, before costs, through the private placement of 31.25 million shares to specify wholesale, institutional and sophisticated investor... |
Austria >> 5/13/2014 - OECD commercial oil stocks fell in March, driven mainly by a decline in products
as crude inventories rose. At 2,570 mb, they stood 115 mb below the five-year
average, divided between crude (38 mb) ... |
Mexico >> 5/12/2014 - Mexico's energy reform provides a range of attractive investment possibilities for international oil companies in Latin America's second-biggest economy, a senior Chevron Corp executive said. ... |
Brazil >> 5/8/2014 - A Brazilian court ordered up to 122 million reais ($55.2 million) in assets held by former billionaire Eike Batista be frozen as part of an investigation into unfair market practices, a local newspape... |
Ecuador >> 5/7/2014 - Chevron Corporation has reached a settlement agreement with Patton Boggs LLP, a lobbying and law firm headquartered in Washington, D.C. Chevron had filed counterclaims in federal court against Patton ... |
Mexico >> 5/6/2014 - Two members of the board of Mexico's national oil company Pemex said the company has yet to make a decision about whether or not to sell its 9.3 percent stake in Spain's Repsol. ... |
Mexico >> 5/5/2014 - Mexican state-run oil company Pemex has hired Credit Agricole to sell its stake of just over 9 percent in Spanish oil major Repsol , Spanish online newspaper El Confidencial reported, citing financial... |