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Stock Movements - Apr 13
Austria >> 4/12/2013 - OECD
Preliminary data for February shows that total OECD commercial oil stocks reversed the build of the previous month and fell seasonally 33.9 mb to 2,655 mb. Despite this drop, invent...
Petrobras to Borrow $20 Bln in 2013
Brazil >> 4/10/2013 - Brazil's state-run oil company Petrobras said that it would borrow $20 billion in 2013, 63 percent above its planned five-year average, as stagnant revenue and fuel subsidies increase the need for deb...
International Petroleum Secured US$15mln Loan Facility
Australia >> 4/5/2013 - International Petroleum Limited (or the Company), an oil and gas exploration and production company with assets in Russia and Kazakhstan, advises its shareholders that it has secured a US$15million lo...
Roxi Announce $2.5 Mln Under The $40 Mln Investment
Roxi Announce $2.5 Mln Under The $40 Mln Investment Kazakhstan >> 4/4/2013 - Roxi is pleased to announce that a further $2.5 million has been called and received under the previously announced $40 million equity commitment with Mr. Satylganov, a Director of the Company. ...
Uganda Investment in Oil Exploration Hits $1.7 Billion
Uganda >> 3/25/2013 - Investment in oil exploration activities in Uganda's Lake Albertine Rift basin has reached at least $1.7 billion as oil companies continue efforts to determine the exact size of the East African natio...
Exxon to Invest More in Iraq's West Qurna 1
Exxon to Invest More in Iraq's West Qurna 1 Iraq >> 3/25/2013 - Exxon Mobil has allocated $1.65 billion to develop Iraq's West Qurna 1 oilfield in 2013, up from $1.6 billion last year, the head of the joint management committee for the field said. ...
Aramco & Dow Venture Begins Bond Sale for Complex
Saudi Arabia >> 3/17/2013 - Sadara Chemical Co., a joint venture of Saudi Arabian Oil Co. and Dow Chemical Co. (DOW), started selling an Islamic bond that may raise at least $1.4 billion to fund construction of a chemicals compl...
Vanoil Energy Receives US$5 Million Loan from Fluormin
Canada >> 3/15/2013 - Vanoil Energy Ltd., a TSX-V-listed oil and gas company with a portfolio of assets in East Africa, is pleased to confirm that it has now received a loan of US$5 million from Fluormin plc's wholly owned...
ICOFC Issued Oil Bond for Development Projects
Iran >> 3/13/2013 - Iranian Central Oil Fields Company has issued 5000 billion rial bond, interest of which will be spent on company’s development projects. The bond will be offered by Bank Mellat. ...
Pluspetrol Invests $480 Million in Block 88
Peru >> 3/12/2013 - Argentine energy company Pluspetrol will invest $480 million in exploring and developing new reserves in Peru's biggest natural gas block, the company said. ...
Stock Movements - March 13
Austria >> 3/12/2013 - OECD
Preliminary data for January shows that total OECD commercial oil stocks reversed the sharp drop of the previous month and increased by 3.1 mb to stand at 2,691 mb. This meant that ...
LUKOIL Net Income Reached Record $11.0 Billion in 2012
Russia >> 3/7/2013 - LUKOIL has published consolidated US GAAP financial statements for 2012. The Company’s 2012 net income rose by 6.2% and reached record $11,004 million. EBITDA (earnings before interest, taxation, depr...
Gasol Draws down US$ 20 Million on New Bond Instrument
Benin >> 3/7/2013 - Gasol plc, the West African energy development company, is pleased to announce that it has executed a multi-tranche, unsecured bond instrument (the "Bond"). The Bond has an interest rate (after making...
Interoil Contemplates Private Placement of New Equity
Colombia >> 3/6/2013 - Interoil Exploration and Production ASA is contemplating carrying out a private placement of new shares with gross proceeds of USD 35 million (equivalent of approx. NOK 200 million)(the "Private Place...
TNK-BP to Invest $7M in Power Supply at RORC
Russia >> 3/5/2013 - TNK-BP announces the introduction of fast-acting automatic load transfer system at Ryazan Oil Refinery Company (RORC). The overall project investment will exceed $7 mln. ...
Repsol Shareholder and Argentina in Talks Over YPF
Argentina >> 3/5/2013 - Spanish lender Caixabank, which owns 12.5 percent of Repsol, has been discussing the idea of the Argentine government compensating Repsol for the expropriation in exchange for investing in an oil proj...
Egypt, Iraq Discuss Economic Cooperation
Egypt >> 3/5/2013 - Egypt and Iraq confirmed their identical views regarding the political issues that concern the two countries and the Arab world and the regional issues as well as their common desire to push forward b...
TNK-BP to Invest 4.4B Rubles in Orenburg Region
Russia >> 3/4/2013 - TNK-BP reports that in 2013 it will allocate 4.4 bn rubles to implement exploration programs in the Orenburg region. TNK-BP is implementing a large-scale program to stabilize production in brownfields...
New Investment in Khalda Oil Fields in Egypt
Egypt >> 3/3/2013 - Minister of Petroleum Osama Kamal said that the expansion in the new investments through foreign companies is not confined to the exploration and development of oil fields, but also to the use of mode...
Aladdin ME Raises $20m with Support from Crowe Clark
Turkey >> 3/1/2013 - Independent oil and gas company with Aladdin Middle East Ltd. has announced that it has raised US$20 million in new equity from 4D Global Energy Advisors SAS (4DGEA), a Paris-based private equity inve...

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