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Stock Movements - March 13
Austria >> 3/12/2013 - OECD
Preliminary data for January shows that total OECD commercial oil stocks reversed the sharp drop of the previous month and increased by 3.1 mb to stand at 2,691 mb. This meant that ...
Gasol Draws down US$ 20 Million on New Bond Instrument
Benin >> 3/7/2013 - Gasol plc, the West African energy development company, is pleased to announce that it has executed a multi-tranche, unsecured bond instrument (the "Bond"). The Bond has an interest rate (after making...
LUKOIL Net Income Reached Record $11.0 Billion in 2012
Russia >> 3/7/2013 - LUKOIL has published consolidated US GAAP financial statements for 2012. The Company’s 2012 net income rose by 6.2% and reached record $11,004 million. EBITDA (earnings before interest, taxation, depr...
Interoil Contemplates Private Placement of New Equity
Colombia >> 3/6/2013 - Interoil Exploration and Production ASA is contemplating carrying out a private placement of new shares with gross proceeds of USD 35 million (equivalent of approx. NOK 200 million)(the "Private Place...
TNK-BP to Invest $7M in Power Supply at RORC
Russia >> 3/5/2013 - TNK-BP announces the introduction of fast-acting automatic load transfer system at Ryazan Oil Refinery Company (RORC). The overall project investment will exceed $7 mln. ...
Repsol Shareholder and Argentina in Talks Over YPF
Argentina >> 3/5/2013 - Spanish lender Caixabank, which owns 12.5 percent of Repsol, has been discussing the idea of the Argentine government compensating Repsol for the expropriation in exchange for investing in an oil proj...
Egypt, Iraq Discuss Economic Cooperation
Egypt >> 3/5/2013 - Egypt and Iraq confirmed their identical views regarding the political issues that concern the two countries and the Arab world and the regional issues as well as their common desire to push forward b...
TNK-BP to Invest 4.4B Rubles in Orenburg Region
Russia >> 3/4/2013 - TNK-BP reports that in 2013 it will allocate 4.4 bn rubles to implement exploration programs in the Orenburg region. TNK-BP is implementing a large-scale program to stabilize production in brownfields...
New Investment in Khalda Oil Fields in Egypt
Egypt >> 3/3/2013 - Minister of Petroleum Osama Kamal said that the expansion in the new investments through foreign companies is not confined to the exploration and development of oil fields, but also to the use of mode...
Aladdin ME Raises $20m with Support from Crowe Clark
Turkey >> 3/1/2013 - Independent oil and gas company with Aladdin Middle East Ltd. has announced that it has raised US$20 million in new equity from 4D Global Energy Advisors SAS (4DGEA), a Paris-based private equity inve...
Max Petroleum Accepted by Kazakhstan Stock Exchange
Max Petroleum Accepted by Kazakhstan Stock Exchange Kazakhstan >> 3/1/2013 - Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has been accepted by the Kazakhstan Stock Exchange (KASE) to register Max Pet...
NIOC Discovers $400 Billion Hydrocarbon Resources
Iran >> 2/26/2013 - The value of the hydrocarbon reserves found during the first ten months of current Iranian calendar year, that ends 20 March 2013, are estimated at 400 billion dollars. ...
Election Worries Put New Kenya Oil & Gas Investment on Hold
Kenya >> 2/26/2013 - Potential investors in exploring Kenya for oil and gas are holding back to see the outcome of next week's presidential election, worried about the potential for instability and for policy changes unde...
Lukoil to Spend $400 Million on Ivory Coast Exploration
Ivory Coast (Cote D'Ivoire) >> 2/26/2013 - Russia's second-largest oil producer, Lukoil, will spend about $400 million this year on exploration wells near the site of a recent oil find off Ivory Coast, the company and the country's oil ministe...
IOOC Spends $3 Billion In NGL Projects
Iran >> 2/21/2013 - Speaking at a press conference, Mahmoud zirakchianzadeh said: the first NGL project of the company with the aim of gathering associated gases was launched last week with the capacity of 143 million cu...
Total and Wintershall to invest $2.1 bln in Argentina
Argentina >> 2/21/2013 - Germany's Wintershall and the local unit of France's Total plan to invest $2.1 billion over the next five years in Argentina to increase natural gas production, the Argentine government said. ...
Egypt Signed Debt Deals With Petronas, BG Group
Egypt >> 2/19/2013 - The Egyptian government has signed agreements with Malaysia's Petronas and Britain's BG Group to reschedule debt owed by Cairo, the minister of petroleum, Osama Kamal, told reporters on Tuesday. He di...
Reliance and BP to Invest $5 Bln in India
Reliance and BP to Invest $5 Bln in India India >> 2/19/2013 - Bob Dudley, BP Group Chief Executive and Mukesh Ambani, Chairman and Managing Director of Reliance industries Limited (HIL) met with the Indian Minister of Petroleum and Natural Gas, Dr Veerappa Moily...
Egyptian Minister Plans New Oil-Contracting Company
Egyptian Minister Plans New Oil-Contracting Company Egypt >> 2/19/2013 - Petroleum Minister Osama Kamal said a study is underway to set up a holding company for oil contracting to get the oil-related activities under one independent body that would draw Arab and African in...
TNK-BP is 1st in Russia to Get FTS Investment Tax Credit
Russia >> 2/15/2013 - TNK-BP reports that it has become the first Russian company to sign an agreement with the Federal Tax Service (FTS) on an investment tax credit for implementing energy efficiency improvement projects ...

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