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KMG EP Announces Operating Results for 2012
KMG EP Announces Operating Results for 2012 Kazakhstan >> 1/22/2013 - JSC KazMunaiGas Exploration Production (KMG EP) announces that in 2012 it produced 12,191 thousand tonnes of crude oil (247 kbopd), including the Companyís stakes in Kazgermunai (KGM), CCEL and PetroK...
BPZ Announces 2013 Capital Plan & Provides Operational Update
Peru >> 1/22/2013 - BPZ Energy, an independent oil and gas exploration and production company, announced its 2013 capital investment program and provided a Block Z-1 operational update. ...
Cost Optimization in Gazprom Core Operations
Russia >> 1/22/2013 - The Gazprom Management Committee Chairman Alexey Miller approved the Company's Comprehensive Cost Optimization Plan for 2013. The document contains a comprehensive list of special-purpose measures aim...
Oman Keen to Invest in Bangla Oil And Gas Sector
Bangladesh >> 1/21/2013 - Since the Royal Decree of His Majesty the Sultan to establish Omanís full-fledged embassy in Bangladesh last September, the two countries have seen a flurry of activity as they have started gearing up...
Aminex Secures $8 million Loan for Tanzanian Operations
Tanzania >> 1/17/2013 - Aminex PLC, a London and Dublin premium-listed oil and gas company with assets in the emerging hydrocarbon province of East Africa, announces that it has agreed a US$8 million loan facility with a fun...
Stock Movements - Jan 13
Austria >> 1/16/2013 - OECD
Preliminary data for November shows that total OECD commercial oil stocks fell seasonally by 15.3 mb to stand at 2706 mb. Despite the fall in total stocks, inventories showed a surp...
Iran, Iraq, Syria ink MOU to Boost Transit Co-op
Iran, Iraq, Syria ink MOU to Boost Transit Co-op Iran >> 1/13/2013 - Iran, Iraq, and Syria have signed a memorandum of understanding to expand cooperation through boosting transit of goods through joint borders, the Fars News Agency quoted Iranian Deputy Roads and Urba...
Iranís Petrochemical Projects Get $3.6bn in Development Aid
Iran >> 1/13/2013 - A senior Iranian energy official says Iranís National Development Fund (NDF) has allocated 3.6 billion dollars to the development of the countryís petrochemical industry. ...
Roxi Entered into Agreement to Raise $40 Mln Investment
Kazakhstan >> 1/8/2013 - Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that it has entered into an agreement to raise $40 million from the issue of new Roxi share...
SEPC Signs a Murabaha Refinancing Facility Agreement
Saudi Arabia >> 12/30/2012 - SAHARA Petrochemicals Company announces that its affiliate, Saudi Ethylene & Polyethylene Company (SEPC), of which 24.41% is owned by SAHARA, has completed the signing of a long-term Murabaha Refinanc...
Morocco Refiner Samir Gets $200 mln Loan from Glencore
Morocco >> 12/25/2012 - SAMIR has successfully completed the implementation of a financing International $ 200 million U.S. Dollars, payable on a period of 24 months with favorable terms. This funding has been concluded with...
Iran & Turkmenistan Reach Agreement on Gas Cooperation
Iran >> 12/22/2012 - Islamic Republic of Iran and Turkmenistan have reached agreement on boosting cooperation in oil and gas sector. ...
Aramco & Total to Double SATORP Capital to $1.9 bln
Aramco & Total to Double SATORP Capital to $1.9 bln Saudi Arabia >> 12/18/2012 - Saudi Aramco and France's Total will double the capital of its oil refinery joint venture at Jubail to 7.12 billion riyals ($1.90 billion) as part of the planned financing for the project, it said. ...
Eni to Invest $8 Billion to Boost Libya Production
Eni to Invest $8 Billion to Boost Libya Production Libya >> 12/16/2012 - Libyan Prime Minister Ali Zidan, the Libyan Minister of Petroleum Abdelbari al Arusi, and Eniís CEO Paolo Scaroni, met in Tripoli to discuss Eni's activities and future projects in the country. ...
Stock Movements - Dec 12
Austria >> 12/12/2012 - OECD
Preliminary data for October shows that total OECD commercial oil stocks fell by 12.3 mb to stand at 2,721 mb, after rising by more than 15 mb in September. The total stock-draw came ...
PTTEP to Invest $1.3 Billion for Cove Energy over 5 Years
Mozambique >> 12/11/2012 - PTT Exploration and Production Pcl , Thailand's top oil and gas explorer, aims to invest $1.3 billion for the operations of British-based Cove Energy Plc in the next five years after raising $3 billio...
New Investments to Upgrade Balaeem Oil Fields in Egypt
Egypt >> 12/2/2012 - Minister of Petroleum Osama Kamel unveiled new investments and more economic cooperation between foreign partners and major Egyptian companies, citing agreements signed for upgrading oil fields and we...
Investments Between the Egyptian Minister and Edison
Egypt >> 11/30/2012 - Petroleum Minister Osama Kamal discussed Thursday 29/11/2012 with chief executive officer of the Italian "Edison" Company Bruno Lescoeu investment opportunities in the oil field and means of boosting ...
Total to Open Four New Petrol Stations in Egypt
Egypt >> 11/29/2012 - Total Corporation will open four new petrol stations in Egypt to fulfill local needs, the state-run daily newspaper Al-Ahram reported on Thursday; to be completed by next year, the project should inje...
Yemen Welcomes Kuwaiti Oil, Gas Investments
Yemen >> 11/27/2012 - Yemeni Oil and Minerals Minister Ahmad Abdallah Daris said that his government welcomed Kuwaiti oil and gas investments in the country, including its minerals resources. The remarks by the minister ca...

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