Iran >> 3/30/2014 - As much as 2 billion dollars of Energy Fund’s foreign exchange reserves were spent in South Pars gas field over the past two years. ... |
Kenya >> 3/28/2014 - Africa Oilfield, the investment company established to invest in the oil and gas logistics support industry in sub-Saharan Africa, announces that it has entered into a framework and option agreement (... |
Argentina >> 3/28/2014 - Shareholders of Spain's Repsol approved the oil major's $5 billion settlement with Argentina over the 2012 seizure of YPF at an annual meeting that also shed light on tensions with Mexico's Pemex. ... |
Mozambique >> 3/28/2014 - Mozambique may struggle to find all the investment finance it needs for its ambitious liquefied natural gas (LNG) projects as it must compete with top-rated developed economies with similar big LNG ex... |
Argentina >> 3/27/2014 - Argentina's Senate approved a government proposal to pay Repsol $5 billion in bonds to compensate the Spanish oil major for the nationalization of its majority stake in energy company YPF two years ag... |
Morocco >> 3/26/2014 - Morocco's oil refiner Samir has received an Islamic murabaha syndicated loan of $240 million from the Islamic Development Bank (IDB) to finance crude oil imports, it said. ... |
Libya >> 3/25/2014 - Libya's central bank has made a 2.55 billion Libyan dinar ($2 billion) emergency loan to keep the government running in the absence of a regular budget, a parliamentary spokesman said. ... |
Mexico >> 3/24/2014 - Mexico's state oil company Pemex has asked to keep 83 percent of its proven and probable reserves under a landmark energy overhaul that will open the way to more private investment, the government's o... |
Egypt >> 3/24/2014 - Banque Du Caire has arranged an LE3 billion syndicated loan to Misr Petroleum and the Petroleum Cooperative Society in order to provide immediate needs of petroleum products. ... |
Brazil >> 3/24/2014 - Standard & Poor's cut Brazil's sovereign debt rating closer to speculative territory in a blow to President Dilma Rousseff, whose efforts to stir the economy from a years-long slump have eroded the co... |
Philippines >> 3/21/2014 - Washington, DC – Patricia Loui, board of director for the Export-Import Bank of the United States (Ex-Im Bank), and Raul B. Aguilos, undersecretary for the Department of Energy (DOE) of the Republic o... |
New Zealand >> 3/20/2014 - The NZ Super Fund has made another major energy investment, committing up to US$250 million to North American gas and oil opportunities with experienced energy investor KKR. ... |
Norway >> 3/20/2014 - Norway's Statoil may delay an investment decision on increasing recovery of oil and gas at major North Sea field Snorre as it seeks to bring costs down after a tax hike last year, a senior company exe... |
Ecuador >> 3/19/2014 - Chevron Corp is seeking $32.3 million in legal fees from Steven Donziger and others who this month who were found by a judge to have used fraud to obtain a multibillion-dollar pollution judgment again... |
United States >> 3/19/2014 - As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Sally Jewell announced that today’s oil a... |
Ecuador >> 3/18/2014 - A U.S. lawyer appealed a federal judge's ruling that he used fraud to secure a multibillion-dollar pollution judgment against Chevron Corp in Ecuador, a decision that bars him from collecting a $9.5 b... |
Gambia >> 3/14/2014 - African Petroleum Corporation Limited advises that its wholly owned subsidiary African Petroleum Gambia Limited (AP Gambia) has lodged Requests for Arbitration with the International Centre for the Se... |
United States >> 3/12/2014 - Energy XXI Ltd will buy its closest rival EPL Oil & Gas Inc for $1.53 billion as the company looks to better compete with private-equity backed explorers such as Fieldwood Energy in the shallow-water ... |
South Africa >> 3/12/2014 - South Africa's parliament passed changes to its main petroleum law, giving the state a stake of 20 percent in new gas and oil exploration and production ventures, a move industry said would have a chi... |
Austria >> 3/12/2014 - OECD commercial stocks fell further in January, after a substantial decline in
4Q13. Inventories stood at 142 mb below the five-year average, divided between
crude (19 mb) and products (123 mb). In ... |