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India >> 5/19/2016 - The improvement in India's February industrial growth was largely limited to solid growth in electricity output that accelerated to 9.6% y-o-y, the highest since September 2015. However, the remaining... |
| Djibouti >> 5/19/2016 - The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, signed two Murabaha Agreements with the total amount of USD 55 million. The first agre... |
| China >> 5/18/2016 - The US has raised its import duties on Chinese steel makers by more than fivefold after accusing them of selling their products below market prices. ... |
| Bahrain >> 5/17/2016 - Nogaholding, the investment and business development arm of Bahrain’s National Oil and Gas Authority (NOGA) hosted a dinner last evening to commemorate the successful signing of the US$ 570 million Mu... |
| United States >> 5/16/2016 - McDermott International, Inc. (MDR) has satisfied all conditions to the amendment to the Company’s Senior Secured Credit Agreement (“Amendment No. 3”) which in part extends the maturity date of the le... |
| Mexico >> 5/16/2016 - ?As part of the of the compromise to meet its obligations to suppliers and contractors, Petroleos Mexicanos, has paid approximately 92 billion pesos and counts with the sufficient solvency to cover th... |
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Austria >> 5/15/2016 - Demand for OPEC crude for 2016 remained unchanged from the previous report and is projected to increase by 1.8 mb/d, to average 31.5 mb/d. Within the quarters, both the 2Q16 and 4Q16 remained unchange... |
| Austria >> 5/13/2016 - Demand for OPEC crude in 2015 remained unchanged from the previous report
to stand at 29.7 mb/d, which is 0.1 mb/d less than the level a year earlier. In 2016,
the demand for OPEC crude is projected... |
| Saudi Arabia >> 5/13/2016 - Saudi Arabia’s state-owned oil giant Aramco is finalising proposals for its partial privatisation and will present them to its Supreme Council soon, its chief executive said about the centrepiece of t... |
| Trinidad and Tobago >> 5/9/2016 - Range has signed an agreement with the Petroleum Company of Trinidad and Tobago Limited (Petrotrin) to reduce the overriding royalty rates (ORRs) on the Company's producing Morne Diablo, Beach Marcell... |
| Brazil >> 5/9/2016 - Petrobras has signed with the China Exim Bank a term sheet containing the main terms and conditions for a financing contract of US$1 billion and that the final agreement is already under negotiation. ... |
| United Kingdom >> 5/6/2016 - Petrofac has reached final commercial settlement with its client in respect of the Laggan-Tormore gas plant in the Shetland Isles. As part of the agreement, our client has informed us that there will ... |
| United States >> 5/6/2016 - Halliburton Company announced that, in connection with the previously announced termination of the merger agreement between Halliburton and Baker Hughes Incorporated, it will redeem the entire outstan... |
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Austria >> 5/5/2016 - Demand for OPEC crude for 2015 remained unchanged from the previous month to stand at 29.7 mb/d, representing a decline of 0.1 mb/d from the 2014 level. ... |
| Trinidad and Tobago >> 5/5/2016 - LGO has raised £3.25 million, before expenses, by way of a Company arranged placing of 1,625,000,000 new ordinary shares of 0.05p each ("the Placing Shares") at a placing price of 0.2p per share ("Pla... |
| Saudi Arabia >> 5/5/2016 - The National Shipping Company of Saudi Arabia has signed a 700 million riyal ($186.7 million) loan to partly-finance the purchase of three very large crude carriers (VLCCs), the company known as Bahri... |
| Netherlands/Holland >> 5/4/2016 - Royal Dutch Shell said it plans to reduce 2016 spending by around 10 percent to $30 billion due to low oil prices, after reporting better than expected first quarter results. ... |
| Trinidad and Tobago >> 5/3/2016 - Trinity, an independent E&P company focused on Trinidad and Tobago, announces that the Company has agreed a further extension to the moratorium on principal repayments, relating to Trinity's outstandi... |
| Oman >> 4/30/2016 - The construction of the first phase of Ras Markaz Oil Storage Terminal which involves the project’s infrastructure will cost anything between $300 to 400 million. This was stated by Dr Mohammed bin Ha... |
| Ghana >> 4/28/2016 - Oil and gas producer Tullow Oil has reduced its annual capital expenditure budget by another $100 million to $1 billion and may cut spending further as it adjusts its balance sheet to weak oil prices.... |
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