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Iran >> 8/26/2016 - Members of the Organization of the Petroleum Exporting Countries (OPEC) earned $404 billion in net oil export revenue in 2015, according to U.S. Energy Information Administration (EIA) estimates. Thes... |
| Russia >> 8/24/2016 - Gazprom Neft has successfully completed the book-building of series BO-01 and BO-04 exchange-traded bonds with a total nominal value of RUB15 billion, a maturity of 30 years, and a semi-annual coupon ... |
| Nigeria >> 8/24/2016 - Nine Nigerian banks have been suspended from foreign currency trading for not paying money owed to the government, a central bank source has told the BBC. The banks are said to be withholding a total ... |
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Austria >> 8/24/2016 - Demand for OPEC crude for 2017 remained unchanged from the previous report and is projected to increase by 1.2 mb/d to average 33.0 mb/d. Within the quarters, both the 2Q17 and 3Q17 were revised up by... |
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Egypt >> 8/23/2016 - Egypt plans to end fuel subsidies within three years and is aiming to increase fuel prices to 65 percent of their actual cost during the 2016/17 fiscal year, two government sources told Reuters. ... |
| Iraq >> 8/22/2016 - Iraq wants to review contracts with oil companies to cut the fees that the firms receive when crude prices are low, the OPEC nation's new oil minister said, standing by a demand made by his predecesso... |
| Austria >> 8/18/2016 - Oil prices rose for a sixth straight day, with Brent crude rising above $50 for the first time in six weeks as the world's biggest producers prepared to discuss a possible freeze in production levels.... |
| Tanzania >> 8/18/2016 - Solo has been informed by Aminex PLC, operator of the Kiliwani North Field, that payment has now been received for its first invoice in relation to gas produced from the Kiliwani North-1 well in Tanza... |
| Australia >> 8/18/2016 - MEO Australia Limited has accepted commitments to raise approximately $1.69 million through a placement of approximately 46.9 million shares at $0.036 per share to qualified institutional and sophisti... |
| Trinidad and Tobago >> 8/17/2016 - Trinity, an independent E&P company focused on Trinidad and Tobago, announces that its Trinidad and Tobago incorporated wholly-owned subsidiaries Trinity Exploration and Production (Trinidad and Tobag... |
| Trinidad and Tobago >> 8/16/2016 - On 27 July, 2016, Trinity announced that it had agreed a new moratorium on principal repayments (the "Moratorium"), relating to Trinity's outstanding debt with its senior secured lender, Citibank, unt... |
| Australia >> 8/15/2016 - Santos reported that, following a review of key production assets, it expects to recognise an impairment charge against the carrying value for GLNG of approx. US$1,050 million after tax (approx. US$1,... |
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Austria >> 8/15/2016 - Demand for OPEC crude for 2016 remains unchanged from the previous month to stand at 31.9 mb/d, representing an increase of 1.9 mb/d from last year’s level. Within the quarters, 2Q16 and 4Q16 remained... |
| Oman >> 8/14/2016 - As part of a major initiative to strengthen in-country value (ICV) while building mega projects, contractors handling $6.5 billion worth of Liwa Plastics Industries Complex project have agreed to purc... |
| Israel >> 8/11/2016 - Switzerland's highest court has ordered Israel to pay Iran around $1.1 billion plus interest in a decades-old dispute over a secretive oil pipeline company predating the 1979 Islamic revolution which ... |
| Austria >> 8/10/2016 - Demand for OPEC crude in 2016 remains unchanged from the previous report to
stand at 31.9 mb/d, which is 1.9 mb/d higher than the 2015 level. In 2017, the
demand for OPEC crude is projected at 33.0 ... |
| Venezuela >> 8/10/2016 - People’s Minister of Petroleum and President of Petroleos de Venezuela, S.A., (PDVSA), Eulogio Del Pino, highlighted the importance of China-Venezuela bilateral relations to guarantee the growth and e... |
| Tanzania >> 8/8/2016 - Tanzania plans to spend 7 trillion shillings ($3.21 billion) over the next five years to connect about 1 million rural households to electricity, a senior government official said. East Africa's secon... |
| Iraq >> 8/8/2016 - DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 30 million from the Kurdistan Regional Government as partial payment to DNO and partner Genel Energy plc for June crude oil deliver... |
| Nigeria >> 8/4/2016 - Nigeria and Spain have expressed their readiness to strengthen their bilateral trade relationship in every spectrum of the Oil and Gas Industry for the benefit of the two countries. ... |
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