| Brazil >> 3/21/2016 - Brazil's state-controlled oil company Petrobras posted its biggest-ever quarterly loss after booking a large writedown for oil fields and other assets as oil prices slumped and refinery projects falte... |
| Algeria >> 3/19/2016 - World oil prices rallied for a third day running Friday, with traders brushing aside news of a rocket attack by jihadists on a gas plant in OPEC energy producer Algeria. ... |
| United States >> 3/18/2016 - WPX Energy has amended and restated its revolving credit facility. WPX received total commitments of $1.2 billion on a senior secured facility, with an initial borrowing base of $1.025 billion. The re... |
| Nigeria >> 3/17/2016 - Sirius Petroleum the investing company focused on oil and gas exploration and development opportunities in Nigeria, announces that firm commitments have been received in respect of subscriptions for, ... |
| Trinidad and Tobago >> 3/16/2016 - LGO has raised £1.06 million before expenses (£0.98 million after expenses), by way of a Company arranged placing of 424,209,334 new ordinary shares of 0.05p each ("the Initial Placing Shares") at a p... |
| Nigeria >> 3/16/2016 - Nigeria's state oil company challenged official allegations that it had failed to remit 3.2 trillion naira ($16 billion) in revenues to the government in 2014 and said it only owed $1.64 billion. ... |
| 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... |
| Kuwait >> 3/14/2016 - Kuwaiti Finance Minister Anas al-Saleh told a press conference that the country would seek to privatise some state-owned projects, including airports, ports and some facilities of the Kuwait Petroleum... |
| Austria >> 3/14/2016 - Demand for OPEC crude in 2015 was revised down by 0.1 mb/d from the previous
report to stand at 29.7 mb/d, which is in line with 2014 level. In 2016, the demand
for OPEC crude is projected at 31.5 m... |
| 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,... |
| 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 >> 3/11/2016 - 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. ... |
| 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. ... |
| 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... |
| Kuwait >> 3/9/2016 - Kuwait's acting oil minister said he expected oil prices of $40 to $60 a barrel over the next three years. "I think we will see an indication of an increase in demand by end of this year and probably ... |
| Iran >> 3/8/2016 - Next year’s draft budget bill has allocated a 20-percent share from export of oil and gas condensates or 6.54 billion dollars for the National Development Fund. ... |
| Brazil >> 3/8/2016 - Petrobras informs that the amount of US$ 1 billion, associated with the financial leasing of P-52 platform, signed with ICBC Leasing (Industrial and Commercial Bank of China Leasing) was disbursed . ... |
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