Gulf Oil and Gas accountACCOUNT

Financials and Investment News

Minister Del Pino: "Equilibrium Prices Guarantee the Stability of the International Oil Market"
Venezuela >> 10/22/2015 - People’s Minister of Petroleum and Mining and President of Petroleos de Venezuela, SA (PDVSA) Eulogio Del Pino, ended his visit to Vienna by announcing that Venezuela is proposing a new concept based ...
Brazil Gives SBM Ultimatum in $250m Bribery Settlement
Brazil >> 10/22/2015 - Brazil has told Dutch SBM Offshore NV to agree soon to a $250 million bribery settlement if it wants to regain its biggest client in the world's largest oilship market, a government source told Reuter...
Trinity Agreed a Further Extension to the Moratorium on Principal Repayments
Trinidad and Tobago >> 10/21/2015 - Trinity has agreed a further extension to the moratorium on principal repayments, relating to Trinity’s outstanding debt balance of US$13.0 million with its lender, until the 23rd October 2015. Discus...
Venezuela Calls for Stability of the Oil Market
Venezuela >> 10/21/2015 - On Tuesday, President of the Bolivarian Republic of Venezuela Nicolas Maduro, during his TV program In Contact with Maduro No. 43, from Santa Ines Agroindustrial Complex in the state of Barinas, anno...
Ghana Resolves Dispute with Nigeria over Unpaid Gas Bill
Ghana >> 10/20/2015 - Ghana's government said it will pay a Nigerian gas consortium $170 million it owes by February, apparently resolving a dispute that led the consortium to threaten to cut its supply. Ghana's state powe...
Brazil's Subsalt Oil Profitable at $55
Brazil >> 10/20/2015 - Brazil's giant offshore subsalt oil and gas areas will only break even with oil worth $55 a barrel or more, Oswaldo Pedrosa, chief executive of state-owned oil-asset management company Pre-Sal Petrole...
Total Ready to Tech Transfer, Finance Iran Post-Sanction Oil Projects
Iran >> 10/20/2015 - The President Middle East and North Africa of Total Exploration and Production said France’s energy giant is ready for financing Iran’s oil projects as well as for transferring of technology following...
Oil Market Highlights - October 2015
Austria >> 10/17/2015 - Crude Oil Price Movements
The OPEC Reference Basket averaged $44.83/b in September, representing a decline from the previous month of 63˘. Fundamentals factors that have weighed on the ma...
Total CEO Says Financing for Yamal LNG on Track
Russia >> 10/16/2015 - Total Chief Executive Patrick Pouyanne said that financing for the $27 billion Yamal LNG project it is developing in Russia with Novatek was on track. 'Various banks are responding to bids and all is ...
Gulf Keystone Receives another Payment for Shaikan
Iraq >> 10/15/2015 - Gulf Keystone, the operator of the world class Shaikan field in the Kurdistan Region of Iraq, is pleased to confirm that a gross payment of US$15 million (US$12 million net to Gulf Keystone) for Shaik...
Trinity Agreed a Further Extension to the Moratorium on Principal Repayments
Trinidad and Tobago >> 10/14/2015 - Trinity has agreed a further extension to the moratorium on principal repayments, relating to Trinity’s outstanding debt balance of US$13.0 million with its lender, until the 16th of October 2015. The...
Financing Agreement with ICBC Leasing
Brazil >> 10/13/2015 - Petrobras concluded the negotiations with the Industrial and Commercial Bank of China Leasing - ICBC Leasing related to a financing transaction amounting to US$2 billion for a period of 10 years, thro...
Balance of Supply and Demand - October 2015
Austria >> 10/13/2015 - Demand for OPEC crude in 2015 was revised up by 0.3 mb/d from the previous report to stand at 29.6 mb/d, which is 0.6 mb/d higher than a year earlier. In 2016, the demand for OPEC crude is projected...
Emerson Launched Project Certainty for Improved Capital Efficiency
United States >> 10/12/2015 - Addressing a growing industry demand for transformational improvements in capital project execution, Emerson launched Project Certainty, an innovative technology and engineering-based approach for imp...
Roxi Provides Exercise of Options
Kazakhstan >> 10/6/2015 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announces that following the exercise of options 550,000 new shares ("Option Shares") have been issued. ...
Vitol Signs $8 Billion Syndicated Revolving Credit Facilities
Switzerland >> 10/6/2015 - Vitol S.A. (Vitol) is pleased to announce the successful signing of its syndicated revolving credit facilities (the “Facilities”) totaling USD 8 billion. The new Facilities include a USD 7.076 billion...
Crude Oil Prices in World Market for September 2015
Azerbaijan >> 10/1/2015 - In September 2015, price for Brent crude oil in the world market was $47,61 per barrel, Urals oil - $47,19 and BTC FOB Ceyhan crude oil - $49,04.
Russia’s Big Hitters Looking to Drive Gas Sales in Emerging South East Asian Markets
Russia >> 10/1/2015 - Gazprom’s Deputy Chairman, Alexander Medvedev, and Chief Executive of Gazprom Export, Elena Burmistrova, will seek to promote the competitive value of Russian gas to the key emerging energy markets of...
Petrobras Increase Prices at the Refinery Gate
Brazil >> 9/30/2015 - Petrobras informs the following increase in prices at the refinery gate, which will be in effect beginning midnight, September 30, 2015: ...
Trinity Agreed a Further Extension to the Moratorium on Principal Repayments
Trinidad and Tobago >> 9/29/2015 - Trinity has agreed a further extension to the moratorium on principal repayments, relating to Trinity’s outstanding debt balance of US$13.0 million with its lender, until the 9th of October 2015. The ...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.