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SOCARís Budget Payment for January 2014
Azerbaijan >> 2/10/2014 - SOCAR paid AZN 173 million 578 thousand to the State Budget for January of the current year, that is AZN 39 million 347 thousand (129,3 %) more than the payments for the same period of 2013.Besides, t...
Lukoil in Investment Talks with Iran
Iran >> 2/9/2014 - Russian Ambassador to Tehran Levan Dzhagaryan says the countryís oil giant, Lukoil, has started negotiations with National Iranian Oil Company (NIOC) to explore and develop oil and gas fields in the C...
OGX Gets DIP Loan in Key Restructuring Step
Brazil >> 2/8/2014 - Creditors led by Pacific Investment Management Co and other bond investors agreed late on Friday to provide $215 million of financing to Oleo e Gas Participacoes SA, the oil producer of Brazilian tyco...
Iran Invites French Companies for Investment
Iran >> 2/6/2014 - An Iranian deputy petroleum minister has invited French energy companies to invest in Iranís hydrocarbon fields. Ali Majedi, Iranís Deputy Petroleum Minister for International Affairs and Trading, ma...
Tanzania Debut Eurobond Could Be up to $1 Bln
Tanzania >> 2/5/2014 - Tanzania's debut Eurobond could be up to $1 billion and is likely to be issued in the second half of 2014, Tanzania's Central Bank Governor Benno Ndulu said. Tanzanian officials want to build new road...
Oil Giants Ready to Return to Iran for Investment
Iran >> 2/4/2014 - A top aide to Iran Oil Minister Bijan Namdar Zanganeh says world oil giants plan to return to Iran in the light of ease in sanctions against the Iranian energy sector. ...
Kosmos Announces 140% Reserve Replacement Ratio & 2014 Capital Program
Ghana >> 2/3/2014 - Kosmos Energy Ltd. (Kosmos) announced an oil and gas reserve replacement ratio of 140% supported by increased oil reserves in the Jubilee field. Additionally, the company reported a 2014 capital spend...
Cheniere & EIG Finalize $1.5b Investment for Corpus Christi Project
United States >> 2/3/2014 - Cheniere Energy, Inc has entered into a note purchase agreement with EIG Management Company, LLC finalizing the definitive documentation for the previously announced financing under which investment f...
MHE Invest $ 200m in Oil Exploration
Bolivia >> 1/31/2014 - Minister of Hydrocarbons and Energy, said "last year was passed in the Legislative Assembly seven contracts for exploration and exploitation of hydrocarbons. In its first phase these contracts will ha...
Nigeria Mobilises $700 Million for Trans-Sahara Gas Project
Algeria >> 1/30/2014 - President Goodluck Jonathan in Addis Ababa announced that Nigeria has mobilised 700 million dollars to support the completion of Nigeria-Algeria gas pipeline project. ...
Madalena Comments on Recent Developments of Argentina Peso
Madalena Comments on Recent Developments of Argentina Peso Argentina >> 1/27/2014 - Madalena Energy Inc. does not anticipate the Argentina governmentís recently announced easing on currency restrictions to have any significant impact on Madalenaís operations and overall business plan...
Batista's Brazil Oil Firm in Fresh Funding Talks
Brazil >> 1/24/2014 - Bankrupt oil producer Oleo e Gas Participacoes SA has delayed detailing its restructuring plan to creditors until Jan. 31 as it tries to secure new funding, the company said in a statement. ...
Petrobras Approved Investment Plan for Libra in 2014
Brazil >> 1/23/2014 - Petrobras announces that the consortium formed by Petrobras (40%), Shell (20%), Total (20%), CNOOC (10%) and CNPC (10%), along with Pre-Sal Petroleo S.A. (PPSA), has approved, on the Operational Commi...
Ghana Expects at Least $20 Billion in Oil Investment
Ghana >> 1/21/2014 - Ghana expects at least $20 billion of investment in its booming oil industry over the next five years, mainly from foreign companies, the head of the state-owned Ghana National Petroleum Corporation (...
Stock Movements - Jan 14
Austria >> 1/16/2014 - OECD commercial stocks fell in November as refiners increased runs and demand improved during the winter season. Commercial stocks stood at 31.4 mb below the five-year average. However, the picture ...
KNPC Awards Private Sector 20 pct. of Project Investments
Kuwait >> 1/15/2014 - Up to 20 percent of investments in KNPC's clean fuel project and a new refinery will be awarded to the Kuwaiti private sector, said KNPC's CEO Muhammad Al-Mutairi. ...
Soma Oil & Gas Secures $50m Investment Offshore Somalia
Somalia >> 1/13/2014 - Soma Oil & Gas Holdings Limited announces that it has secured an equity investment of US$50 million from a private investment company, Winter Sky. In conjunction with the funding agreement, three indi...
Chevron Makes Final Investment on Alder Field in the UK
United Kingdom >> 1/13/2014 - Chevron North Sea Limited, has reached a final investment decision and received approval from the U.K. government to proceed with the development of the Alder Field in the Central North Sea. The proje...
Japanís Abe Pledges Funds to Help Mozambique Energy Sources Grow
Mozambique >> 1/12/2014 - Japanese Prime Minister Shinzo Abe pledged to invest 70 billion yen ($672 million) in development projects in Mozambique during the next five years as he seeks to secure natural gas supplies from sout...
Iranian Oil Ministry Rejects Oil-for-Goods Deal with Russia
Iran >> 1/11/2014 - An Oil Ministry official rejected any oil-for-goods deal or agreement between Iran and Russia. ...

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