| Nigeria >> 3/14/2016 - Nigeria's state oil company withheld 3.2 trillion naira ($16 billion) in revenues from the federal government in 2014, the auditor-general said, the same year that the then central bank governor was s... |
| Angola >> 3/14/2016 - VAALCO Energy, Inc. received cash funds totaling $19 million from its partner in Angola, Sonangol P&P, which represents the full amount due for its share of past costs outstanding at December 31, 2015... |
| Oman >> 3/12/2016 - State-owned Oman Oil Refineries and Petroleum Industries Company (Orpic) said that the company has closed its Liwa Plastic Industries Complex’s $3.8 billion project financing facility for its $6.5 bil... |
| Iraq >> 3/12/2016 - Glencore has paid Iraqi Kurdistan $300 million as an advance for oil as it seeks to compete with trading houses Vitol and Petraco for profitable business despite disruptions and political instability,... |
| Iraq >> 3/11/2016 - Iraq's Kurdistan has received $200 million from Turkey to help Kurdish finances, which have been hit by a recent oil pipeline export stoppage, two industry sources told Reuters. ... |
| Norway >> 3/11/2016 - Statoil has decided not to proceed with the evaluations of a potential business centre in Europe. The decision was presented at a meeting with employee representatives on Friday 11 March. At the meeti... |
| Argentina >> 3/11/2016 - Exporters of heavy crude from Argentina will receive a $7.50 per barrel subsidy from the government as long as international prices remain under $47.50 per barrel, the energy ministry said. ... |
| Ireland >> 3/10/2016 - Lansdowne Oil & Gas, the independent oil and gas company focussed on offshore Ireland, is pleased to advise that it has extended the term of its senior secured Loan Note by 6 months. The Loan Note, is... |
| Russia >> 3/10/2016 - Following the strategy of developing its subsidiary bank in the Grand Duchy of Luxembourg Bank GPB (JSC) increased share capital of Bank GPB International S.A. by 50 million euro on March 2, 2016. ... |
| Kuwait >> 3/9/2016 - Kuwait's acting oil minister said he expected oil prices of $40 to $60 a barrel over the next three years. "I think we will see an indication of an increase in demand by end of this year and probably ... |
| Iraq >> 3/8/2016 - Gulf Keystone Petroleum confirms that the gross payment of US$15 million was received from the Kurdistan Regional Government on 4 March. ... |
| Iran >> 3/8/2016 - Next year’s draft budget bill has allocated a 20-percent share from export of oil and gas condensates or 6.54 billion dollars for the National Development Fund. ... |
| Brazil >> 3/8/2016 - Petrobras informs that the amount of US$ 1 billion, associated with the financial leasing of P-52 platform, signed with ICBC Leasing (Industrial and Commercial Bank of China Leasing) was disbursed . ... |
| Paraguay >> 3/7/2016 - President is pleased to provide a Corporate and Operational Update on its Paraguay and Argentina Assets. ... |
| Russia >> 3/7/2016 - Oil prices are expected to rise gradually over the next five years but will remain well below the pre-crash level, according to a survey of professionals who follow the oil industry. ... |
| Colombia >> 3/6/2016 - Colombia's state-controlled oil producer Ecopetrol reported a loss of $1.26 billion during 2015, due to the global plunge in oil prices, rebel attacks and new accounting standards. ... |
| Iraq >> 3/5/2016 - Iraq will pay foreign oil companies about $2 billion in remaining arrears for 2015 this April and expects to reach an agreement over contracts by half-way through the year, the deputy oil minister sai... |
| Russia >> 3/3/2016 - Gazprom and Bank of China Limited, London Branch entered in Shanghai into a five-year EUR 2 billion loan facility agreement. ... |
| Norway >> 3/2/2016 - Kvaerner North American Construction Inc, a subsidiary of Kvaerner, and Amec Foster Wheeler North America Corp. have reached a settlement of all claims related to the Longview Power Project. The final... |
| China >> 3/1/2016 - Oil prices rose on Tuesday 1st March 2016 after China's surprise monetary policy easing stoked expectations for higher oil demand from the world's largest commodities consumer and signs emerged that a... |
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