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Sound Provides Update re Development Funding
Morocco >> 9/4/2017 - Sound Energy, the European and African focused upstream gas company, is pleased to provide an update on the funding which will be required to develop the Company's existing Eastern Morocco discovery. ...
Australia, East Timor Reach Agreement on Maritime Border
Australia >> 9/2/2017 - Australia and East Timor have reached a breakthrough agreement on a maritime border, ending a decade-old row between the two nations that has stalled a $40 billion (Ł38 billion) offshore gas project. ...
Cooper Energy Raises A$97.9 Million for Sole Gas Project
Australia >> 8/31/2017 - Cooper Energy Limited (Cooper Energy) has completed the institutional component of its fully underwritten accelerated non-renounceable 2-for-5 pro-rata entitlement offer (Institutional Entitlement Off...
UK Government to Maximising Economic Opportunity in North Sea
United Kingdom >> 8/30/2017 - New Energy Minister Richard Harrington has told oil and gas leaders they have the ‘full support’ of the UK government in maximising the economic opportunity in the North Sea during his first visit to ...
Gazprom Board of Directors Discusses Dividend Policy Approaches for 2018–2020
Russia >> 8/30/2017 - The Gazprom Board of Directors took note of the information about the Company’s dividend policy for 2018–2020. It was noted that the Company pursued a well-balanced dividend policy. When drafting reco...
Gazprom Board of Directors Reviews Sales of Non-Core Assets in Q2 of 2017
Russia >> 8/30/2017 - The Gazprom Board of Directors took note of the Report on the progress of the Program for the disposal of non-core assets of the Company in the second quarter of 2017. The Board of Directors also reso...
Gazprom’s Financial Information under IFRS for the Six Months Ended June 2017
Russia >> 8/29/2017 - Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for t...
Mozambique Sets Sights on Capital Gains Tax from ENI & Exxon Deal
Mozambique >> 8/29/2017 - Mozambique will charge Italian energy company ENI $350 million in capital gains tax for its sale of a stake in the Coral South natural gas field to ExxonMobil, the nation’s finance minister said on lo...
Salalah Methanol Secures $728M Project Finance from 12 Banks
Oman >> 8/28/2017 - Salalah Methanol Company (SMC), a wholly-owned subsidiary of the Oman Oil Company (OOC), said it has secured a 12-year $728 million project finance facility for funding an ammonia project from a mix o...
Canadian Environmental Assessment Agency Makes Additional Funds
Canada >> 8/28/2017 - The Canadian Environmental Assessment Agency (the Agency) has allocated $175,930 in federal funds to nine additional recipients to assist their participation in the environmental assessment of the pro...
Angola's Ruling Party Declared Election Winner as Opposition Cries Foul
Angola >> 8/25/2017 - Angola’s ruling MPLA party won national elections by a clear margin, its electoral commission said, citing a provisional tally that the two main opposition parties however rejected. Two days after a b...
Macquarie Finalises US$2.94 billion Takeover of Green Investment Bank
United Kingdom >> 8/24/2017 - Macquarie, the Australian infrastructure investor, has completed its GBP2.3 billion (US$2.94 billion) takeover of the UK government-owned Green Investment Bank (GIB), which will now be called the Gree...
CNOOC Announces Significant Increase in Profits
China >> 8/24/2017 - CNOOC Limited announced its 2017 interim results for the six months ended June 30, 2017. The Company has fully met 1H targets with outstanding production performance. Regarding exploration, 14 new dis...
Balance of Supply and Demand in 2018 - August 2017
Balance of Supply and Demand in 2018 - August 2017 Austria >> 8/24/2017 - Demand for OPEC crude for 2018 was revised up by 0.2 mb/d from the previous month. Within the quarters, the first quarter remained unchanged, while the second, third and fourth quarters were revised ...
LyondellBasell Board Authorizes Quarterly Dividend
United States >> 8/23/2017 - LyondellBasell, one of the world's largest plastics, chemicals and refining companies, announced that its Supervisory Board has authorized the company's Management Board to declare a dividend of $0.90...
Angola Votes for First New Leader in 38 Years
Angola >> 8/23/2017 - Angolans headed to the polls in a parliamentary election expected to usher in the ruling party’s defence minister as the first new leader of Africa’s second biggest oil producer for 38 years. Joao Lou...
Kosmos Energy Admits to Trading on London Stock Exchange
United States >> 8/21/2017 - Further to the announcement of the publication of a prospectus on 16 August, Kosmos Energy Ltd. (Kosmos) is pleased to announce that its entire issued and outstanding share capital has been admitted t...
AfDB Establishes Regional Development & Business Delivery Office
South Africa >> 8/18/2017 - African Development Bank President Akinwumi Adesina and South African Minister of Finance, Malusi Gigaba, signed a Host Country Agreement, establishing the Bank’s Southern African Regional Development...
Impairment Reversal and Deferred Tax Asset Recognition
Australia >> 8/18/2017 - Beach Energy Ltd (Beach) has reviewed asset carrying values as part of its full year results process. Due to sustainable performance improvements, cost savings, capital efficiencies and upward reserve...
Petroleum Demand Last Month Highest For July Since 2007
United States >> 8/17/2017 - Total petroleum deliveries in July moved up by 4.9 percent from July 2016 to average nearly 20.7 million barrels per day. These were the highest July deliveries in 10 years, since 2007. Compared with ...

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