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Sahara’s Affiliate Signed a Financing Deal with SIDF
Saudi Arabia >> 2/5/2012 - Sahara Petrochemicals Company announces that one of TSOCs affiliates, Saudi Acrylic Monomers Company Limited (SAMCO), signed a financing agreement with Saudi Industrial Development Fund (SIDF) with a ...
South Pars Bonds with 20 Percent Profit on Sale
Iran >> 2/3/2012 - Nine trillion rials (around $735 million) in bonds will be issued as of February 4 at the Tejarat Bank’s branches nationwide to finance the South Pars gas field’s development projects, the National Ir...
South Sudan Rejects African Union Oil Plan
Sudan >> 2/1/2012 - South Sudan's chief negotiator has rejected African Union-backed proposals that could see it pay up to $6.5 billion to Sudan in the latest attempt to break a deadlock between the two over oil export t...
Hyperdynamics to Raise $30M in Registered Direct Offering
Guinea >> 1/30/2012 - Hyperdynamics Corporation announced that it has entered into a definitive agreement with institutional investors in a registered direct offering of its common stock with gross proceeds of approximatel...
South Sudan Demands Border Deal before Restarting Oil
Sudan >> 1/29/2012 - South Sudan has totally shut down oil output in a row with Sudan over export transit fees and will only restart after the two reach a deal covering border security and the disputed Abyei region, its o...
Sudan and South Sudan Leaders Fail to Reach Oil Deal
Sudan >> 1/27/2012 - The presidents of Sudan and South Sudan failed to resolve an oil dispute that has led to the shutdown of the South's crude output and threatened both countries' economies. The row centres on how much ...
Sudan & South Sudan Leaders Bid to Defuse Oil Dispute
Sudan >> 1/27/2012 - The presidents of Sudan and South Sudan are meeting in the Ethiopian capital Addis Ababa to discuss a deepening crisis over sharing their oil wealth. When South Sudan became independent last July, Sud...
Rialto Energy to Raise $60m for Ivory Coast Program
Ivory Coast (Cote D'Ivoire) >> 1/27/2012 - The Directors of Rialto are pleased to announce agreement to raise A$60 million via a two tranche placement (Placement) of approximately 200 million fully paid ordinary shares to institutional and sop...
Gazprom's Russian Regions Gasification Program for 2012
Russia >> 1/26/2012 - Alexey Miller, Chairman of the Company's Management Committee approved Gazprom's Russian Regions Gasification Program for 2012. ...
Prirazlomnoye Field to Secure Additional Tax Revenues
Russia >> 1/25/2012 - The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Igor Fyodorov, Governor of the Nenets Autonomous Okrug (NAO). The meeting ad...
Addendum to Natural Gas Purchase & Sale Contract
Azerbaijan >> 1/24/2012 - On January 23, Azerbaijani SOCAR and Gazprom sign addendum to natural gas purchase and sale contract, which was initially concluded on October 14, 2009, with presence of Azerbaijani and Russian Presid...
Gazprom Doubling Azerbaijani Gas Purchase
Azerbaijan >> 1/23/2012 - In Krasnaya Polyana Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR) signed in the presence of Russi...
Increase in Russian Gas Supplies to Kazakhstan
Kazakhstan >> 1/17/2012 - The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Zautbek Turisbekov, Ambassador Extraordinary and Plenipotentiary of the Repu...
Rialto Secures $20 Million Investment from IFC
Rialto Secures $20 Million Investment from IFC Ivory Coast (Cote D'Ivoire) >> 1/16/2012 - Rialto Energy Limited is pleased to announce that it has reached in principle agreement with the International Finance Corporation (IFC), for a proposed investment of approximately US$20 million, via ...
Nigeria's Strike Ends for Moment
Nigeria's Strike Ends for Moment Nigeria >> 1/16/2012 - Unions in Nigeria suspended strikes to allow further negotiations with the government after President Goodluck Jonathan announced a cut in petrol prices. Nigeria's fuel regulator removed the fuel subs...
Masdar, Devt Bank Japan to Invest in Renewables
Masdar, Devt Bank Japan to Invest in Renewables United Arab Emirates >> 1/16/2012 - Abu Dhabi government-owned green energy firm Masdar plans to invest jointly with Development Bank of Japan in solar and wind projects in OECD countries as part of a strategy to diversify the energy mi...
China's Wen Presses Saudi Arabia for Oil Access
Saudi Arabia >> 1/15/2012 - Chinese Premier Wen Jiabao pressed Saudi Arabia to open its huge oil and gas resources to expanded Chinese investment, media reports said against a backdrop of growing tension over Iran and worries ov...
Sudan Confiscates Some Oil Exports from South Sudan
Sudan Confiscates Some Oil Exports from South Sudan Sudan >> 1/15/2012 - Sudan said it has started confiscating some oil exports from South Sudan that it believes it is owed to meet unpaid transit fees but will not shut down a pipeline carrying the southern state's oil. Th...
Sabic Signs Cooperation Agreement with Sinopec
Saudi Arabia >> 1/15/2012 - Under the patronage of Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz, and in the presence of China Prime Minister Wen Jiabao, the Saudi Basic Industries Corporation (SABIC) and the Chi...
Aramco Aims to Lift Refining Capacity to 8 Mln Bpd
Aramco Aims to Lift Refining Capacity to 8 Mln Bpd Saudi Arabia >> 1/14/2012 - Saudi Aramco expects to raise its refining capacity to 8 million barrels per day (bpd) as it increases downstream investments, its chief executive officer said, after signing a $10 billion refinery de...

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