Turkmenistan >> 5/11/2017 - Turkmenistan is likely to join an OPEC-led cut in oil supply aimed at supporting prices, sources in OPEC and the industry said, potentially enlarging the output reduction slightly. ... |
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Egypt >> 5/11/2017 - As part of its drive to help the Egyptian economy move to more environmentally friendly ways of production, the EBRD is providing local petrochemicals producer Carbon Holdings with a US$ 11 million lo... |
Iran >> 5/11/2017 - Shell has urged oil pricing agency S&P Global Platts to consider including other regional grades, such as Russian Urals, to set the key crude benchmark dated Brent, its vice president for crude tradin... |
Austria >> 5/11/2017 - Demand for OPEC crude in 2016 stood at 31.8 mb/d, which is 2.0 mb/d higher than the 2015 level. In 2017,
the demand for OPEC crude is projected at 31.9 mb/d, around 0.2 mb/d higher than last year. <... |
Iraq >> 5/10/2017 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 41.40 million from the Kurdistan Regional Government as payment towards February 2017 crude oil deliveries to the export mark... |
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Austria >> 5/8/2017 - Demand for OPEC crude in 2017 was revised down by 0.1 mb/d from the previous month. This downward adjustment came mainly from an upward revision in non-OPEC supply, as world oil demand remained unchan... |
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Qatar >> 5/8/2017 - Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, signs a US$ 925 million (QR 3.4 billion) structured Shari’a compliant financing facility with Gulf Drilling International Limited QSC (GDI). Thi... |
Equatorial Guinea >> 5/8/2017 - British oil and gas explorer Ophir Energy plans to borrow $1.2 billion from Chinese banks to back the development of its Fortuna floating liquefied natural gas (FLNG) export project in Equatorial Guin... |
United States >> 5/5/2017 - Transocean Ltd. announced that Transocean Conqueror Limited, one of its indirect subsidiaries (the "Issuer"), closed a private offering of U.S. $410 million in senior secured notes with an annual rate... |
Norway >> 5/4/2017 - Statoil reports adjusted earnings of USD 3.3 billion and an IFRS net operating income of USD 4.3 billion in the first quarter of 2017. The IFRS net income was USD 1.1 billion. ... |
United Arab Emirates >> 5/3/2017 - Dana Gas PJSC will ask bondholders to accept changed terms on $700 million of debt coming due in October as the energy producer based in the United Arab Emirates seeks to restructure debt for the seco... |
Azerbaijan >> 5/1/2017 - In April 2017, price for Brent crude oil in the world market was $52,54 per barrel, Urals oil - $51,75 and BTC FOB Ceyhan crude oil - $53,83. |
United States >> 4/28/2017 - Exxon Mobil Corporation announced estimated first quarter 2017 earnings of $4 billion, or $0.95 per diluted share, compared with $1.8 billion a year earlier, resulting from improvements in commodity p... |
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Egypt >> 4/27/2017 - A Swiss court ordered Egyptian natural gas companies to pay Israel’s state-owned electricity provider $2 billion in fines for breach of previous contracts, a step that could complicate chances for the... |
Venezuela >> 4/26/2017 - Venezuela is renegotiating licenses for its natural gas projects to incorporate mixed payments in local currency and U.S. dollars for gas sales, said a gas companies' union. ... |
Norway >> 4/26/2017 - Seadrill Limited (Seadrill), as part of its restructuring plans, has signed and closed an agreement with Archer and its lenders to extinguish approximately $253 million in financial guarantees provide... |
Norway >> 4/26/2017 - Seadrill Limited (Seadrill) has amended the revolving credit facility provided to North Atlantic Drilling Ltd., a majority owned subsidiary, to mature on June 30, 2017 and increased it to $50 million.... |
Botswana >> 4/26/2017 - Tlou Energy has raised a total of £4 million for its Botswana CBM project. Funds will be used to undertake additional field appraisal to expand Tlou’s independent gas Reserves and to finalise licencin... |
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Egypt >> 4/25/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received the General Manager of China Development Bank (CDB) and the accompanying delegation, where they discussed cooperation and part... |
Oman >> 4/22/2017 - A proposal to set up a $2.3 billion-greenfield methanol project by Mingyuan Holdings Group Co. Ltd in Duqm will depend on the Sultanate’s commitment to supply natural gas as feedstock. ... |
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