Gulf Oil and Gas accountACCOUNT

Financials and Investment News

Virginians Benefit from Safe Offshore Energy Development
United States >> 8/17/2017 - The Virginia Petroleum Council Executive Director Miles Morin released the following statement in response to Governor McAuliffe’s comments on the Interior Department’s oil and gas leasing program.
Seadrill Completes Amendments to Certain Credit Facilities
Norway >> 8/17/2017 - Seadrill Limited (SDRL) has completed amendments to three secured credit facilities that relate to rigs purchased by Seadrill Partners from the Company that will insulate Seadrill Partners from events...
NNPC Says its Production Costs Cut to $23 a Barrel
Nigeria >> 8/16/2017 - Nigeria's production cost per barrel of crude oil is down to $23, the state oil company said, after the country last month said the cost was $29 a barrel, one of the highest levels in the world. The N...
DNB Purchases 584,442 Shares of Statoil
Norway >> 8/16/2017 - On behalf of Statoil, DNB has on 15 August 2017 purchased 584,442 shares for use in the group's Share saving plan. The shares have been acquired at a price of NOK 145.68 per share. Before distribution...
Woodside Petroleum Half-Year Profit Jumps 4 Percent
Australia >> 8/16/2017 - Woodside Petroleum said its half-year profit rose 49 percent, buoyed by higher oil prices and lower costs, but missed analysts' forecasts. Australia's biggest independent oil and gas producer posted a...
Up to $6.6M Capital Raising for Cuba Drilling Preparations
Cuba >> 8/15/2017 - Melbana Energy has announced a placement to raise approx. $1.8 million and an entitlement offer of shares to raise up to approx. $4.8 million (before costs). Proceeds from the Placement and the Entitl...
Announcement of Dividend per Share for Q12017 in NOK
Norway >> 8/15/2017 - Statoil announced 4 May 2017 dividend per share of USD 0.2201 for first quarter 2017. The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three ...
JOGMEC Provides Equity Financing to ITOCHU’s Project
United Kingdom >> 8/15/2017 - Japan Oil, Gas and Metals National Corporation (JOGMEC) will provide equity financing to CIECO V&C (UK) Limited (CIECO V&C), a wholly owned subsidiary of ITOCHU Corporation (ITOCHU), which holds a 12%...
Santos Expects Non-Cash Impairment of Approx. US$690 Million
Australia >> 8/15/2017 - Santos expects to recognise a non-cash net impairment charge of approximately US$690 million after tax in its 2017 half-year results to be released on 24 August 2017. ...
SDRL Amends Secured Credit Facility
Norway >> 8/15/2017 - Seadrill Limited (SDRL) has amended the term credit facility provided to Seadrill Eminence Ltd., a wholly owned subsidiary of the Company, to mature on September 14, 2017. The amendment was implemente...
American Economy & Consumers Benefit from Streamlining of Energy Infrastructure
United States >> 8/15/2017 - API President and CEO Jack Gerard called President Trump’s executive order to streamline energy infrastructure an important step in speeding up projects, creating jobs, and improving government effici...
Standard Bank Seeks to Raise $3b for Ugandan Oil Pipeline
Uganda >> 8/15/2017 - Standard Bank Group Ltd.’s Ugandan unit plans to raise $3 billion for a crude pipeline by the second half of next year as the East African country prepares to start oil production by 2020. ...
Sirius Signs US$10m Financing Agreement for Ororo Field Crude
Nigeria >> 8/14/2017 - Sirius Petroleum, the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that following completion of technical due diligence on the ...
Pembina Pipeline Corporation Offers $600m Public Note
Canada >> 8/14/2017 - Pembina Pipeline Corporation (Pembina) has agreed to issue $600 million of senior unsecured medium-term notes (the "Offering"). The Offering will be conducted in two tranches consisting of $350 millio...
Saudi Arabia Favours New York for Aramco Listing Despite Risks
Saudi Arabia >> 8/11/2017 - Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, peop...
Mexico's Vista Oil & Gas Completes $650M IPO
Mexico >> 8/11/2017 - Mexican energy investment firm Vista Oil & Gas has completed a $650 million initial public offering, the company said in a statement. ...
Balance of Supply and Demand - August 2017
Austria >> 8/10/2017 - Demand for OPEC crude in 2017 is estimated at 32.4 mb/d, which is 0.4 mb/d higher than 2016 level. In 2018, the demand for OPEC crude is projected at 32.4 mb/d, almost at the same level as 2017.
<...
Receipt of Payment for KRI Oil Exports from Taq Taq Field
Iraq >> 8/9/2017 - Genel Energy plc announces that the Taq Taq field partners have received a gross payment of $12.24 million from the Kurdistan Regional Government (‘KRG’) for oil sales during May 2017. ...
DNO Receives $39.59mn from Kurdistan for May 2017 Crude Oil Deliveries
Iraq >> 8/9/2017 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 39.59 million from the Kurdistan Regional Government as payment towards May 2017 crude oil deliveries to the export market fr...
Gazprom Neft Given Direct Access to the Moscow Exchange (MOEX) Money Market
Russia >> 8/8/2017 - Gazprom Neft has been given direct access to the Moscow Exchange (MOEX) Money Market via a central counterparty (CCP). The company successfully conducted its first transaction — the placement of a Rub...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.