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Forecast for 2015 Balance of Supply and Demand - July 15
Forecast for 2015 Balance of Supply and Demand - July 15 Austria >> 7/26/2015 - Demand for OPEC crude for 2015 was revised down by 0.1 mb/d from the previous report. Within the year’s quarters, the 1Q was revised down by 0.1 mb/d, while the 2Q remained unchanged. The 3Q and 4Q we...
Forecast for 2016 Balance of Supply & Demand - July 2015
Forecast for 2016 Balance of Supply & Demand - July 2015 Austria >> 7/25/2015 - Based on the first forecast for demand and non-OPEC supply (including OPEC NGLs and non-conventional oil) for the year 2016, the demand for OPEC for next year is projected to increase by 0.9 mb/d to a...
Roxi & CL Agreement for Cancellation of Royalty
Kazakhstan >> 7/24/2015 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce it has entered into an agreement with Canamens Limited ("CL") and Sector Spesit IV, a sub-fund of Sector ...
Air Products Receives Government Grant to Enhance the User Experience at Hydrogen Fuelling Stations
United States >> 7/21/2015 - Air Products is pleased to announce that two of its projects have successfully been awarded funding from the Hydrogen Refuelling Stations (HRS) Infrastructure Grants Scheme, run by the Office for Low ...
Seven Energy Secures $495m to Boost Gas Supply
Nigeria >> 7/15/2015 - Oil and gas firm Seven Energy has secured a $495 million loan from a consortium of Nigerian and international lenders to help fund its spending to supply gas to the domestic market, an adviser on the ...
Oil Market Highlights - July 2015
Austria >> 7/14/2015 - Crude Oil Price Movements
The OPEC Reference Basket averaged $60.21/b in June, representing a decline of $1.95.Crude oil futures prices saw mixed movement with ICE Brent falling by $1.86 ...
Balance of Supply and Demand - July 15
Austria >> 7/14/2015 - Demand for OPEC crude in 2015 was revised down by 0.1 mb/d from the previous report to stand at 29.2 mb/d, which is 0.2 mb/d higher than the 2014 level. In 2016, the demand for OPEC crude is project...
RigNet Announces Cost Restructuring Plan
United States >> 7/13/2015 - RigNet, Inc., a leading global provider of digital technology solutions to the oil and gas industry, announced a cost restructuring plan that reduces costs in line with activity levels in the upstream...
Argentina Ends some Financial Incentives for Energy Firms
Argentina >> 7/13/2015 - Argentina ended some financial incentives that were intended to boost energy investment in its huge shale oil and gas deposits even as it seeks to narrow an energy trade gap. ...
Pocess, Procedure & Work Instructions for Preventive Maintenance
United States >> 7/11/2015 - In the largest corporate settlement in U.S. history, British Petroleum has agreed to pay up to $18.7 billion to the federal government and five states. When added to the $43.8 billion BP had already s...
SOCAR’s Budget Payments for June 2015
Azerbaijan >> 7/8/2015 - SOCAR paid AZN 123 million 688 thousand to the State Budget for June of the current year. For January-June 2015, SOCAR transferred AZN 728 million 730 thousand to the State Budget. Besides, the Compan...
Max Petroleum Financial & Operational Update in Kazakhstan
Kazakhstan >> 7/3/2015 - Max Petroleum announces that Sberbank has unconditionally granted a six month standstill on all principal and interest payments due under the Company’s c.US$80 million loan through to 14 December 2015...
Otto Marine Limited Secures USD26 Million Loan
United States >> 7/3/2015 - Otto Marine Limited wishes to announce that Surf Subsea Inc. (the Borrower), a Delaware corporation in, which the Company indirectly has a 19.2% stake through its wholly-owned subsidiary, Surf Subsea ...
Jupiter Energy Announces Funding Update
Kazakhstan >> 7/2/2015 - The Board of Jupiter Energy Limited, the Kazakhstan-focused oil exploration and production company, trading on AIM ("JPRL"), ASX ("JPR") and KASE ("AU_JPRL"), is pleased to advise that it has now rece...
Golar & Perenco Agree Material Commercial Terms for Cameroon FLNG
Cameroon >> 7/1/2015 - Golar LNG Limited is pleased to announce that, further to the announcement on 24 December 2014 regarding the signing of a Heads of Agreement with Societe Nationale de Hydrocarbures ("SNH") and Perenco...
Madagascar Oil Agrees $5m Working Capital Facility
Madagascar >> 6/30/2015 - Madagascar Oil is pleased to announce that, as a continuation of the process in which the Company has appointed Jefferies International Limited as a strategic advisor to identify and secure a strategi...
Update on Funding and Assignment of Loan Facility
United Kingdom >> 6/30/2015 - Gulfsands Petroleum Plc, the AIM listed oil and gas company with activities in Syria, Morocco, Tunisia and Colombia, is pleased to provide the following update with regard to a proposed financing and ...
Cheniere Partners Announces Debt Financing for Train 5 at the Sabine Pass Liquefaction Project
United States >> 6/29/2015 - Cheniere Energy Partners, L.P. announced that Sabine Pass Liquefaction, LLC ("Sabine Pass Liquefaction") has engaged 18 financial institutions to act as Joint Lead Arrangers to assist in the structuri...
Nigeria's Oil Company Kept Nearly Half of Oil Revenue
Nigeria >> 6/29/2015 - Nigeria's state oil company earned 8.1 trillion naira ($41 billion) from 2012 until the end of May, but only paid 4.3 trillion to the federal government, the country's National Economic Council (NEC) ...
Vallourec Shareholders to Receive Dividend Payment in Cash or in New Shares
France >> 6/26/2015 - In accordance with the resolution approved by the Shareholders' Meeting on 28 May 2015, shareholders were invited to choose to receive the dividend payment in cash or in new shares. The dividend in re...

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