Gulf Oil and Gas accountACCOUNT

Investment News

Niger Wants Audit on Chinese JV Oil Refinery
Niger >> 11/24/2011 - The West African state of Niger said it will commission an audit on the cost of an oil refinery built by its joint venture with Chinese oil company CNCP after the price tag rose to $980 million from t...
Sipchem Signed a Loan Agreement with SIDF
Saudi Arabia >> 11/19/2011 - Saudi International Petrochemical Company (Sipchem) announced that its affiliate the International Polymers Company (IPC) has signed with Saudi Industrial Development Fund (SIDF) a SR 600 million loan...
Solo Secures Equity Line Facility of Approx. £10 Million
Tanzania >> 11/10/2011 - Solo Oil plc announces that it has secured a three year Equity Line Facility (ELF) of up to £10 million with Dutchess Opportunity Cayman Fund Ltd (Dutchess). The ELF has been arranged by First Columbu...
Angola Passes Law to Force Oil Firms to Use Local Banks
Angola >> 11/10/2011 - Angola's parliament approved a law that forces overseas oil companies to pay their taxes and other transactions through the country's banking system, state news agency Angop reported. The new law mean...
Azerbaijan Ready to Export Gas to Iran
Azerbaijan >> 11/8/2011 - Azerbaijan is ready to export gas to Iran, president of the State Oil Company of Azerbaijan Republic (SOCAR) said here. ...
Orca Plans to Invest $130 Million to Double Gas Output
Tanzania >> 11/6/2011 - Orca Exploration's Tanzanian unit, PanAfrican Energy, plans to invest $130 million to double natural gas output following a surge in demand in east Africa's second-largest economy. The company said it...
Azerbaijan-Turkey Gas Agreements Signed
Azerbaijan >> 10/31/2011 - Azerbaijan and Turkey have signed a number of key gas export related agreements to enable Turkey to buy gas from Azerbaijan and to transit Azerbaijan gas through Turkey to Europe. ...
China Oil Demand Growth Slows
China >> 10/28/2011 - China’s implied oil demand grew at 1 per cent on the year in September to about 8.9 million barrels per day (mbpd), the lowest this year, Reuters calculations based on preliminary government data show...
Russia, Ukraine Close to Compromise on Gas Supplies
Russia >> 10/28/2011 - Russia and Ukraine are close to reaching a compromise on a revision of the previously signed agreements on the supplies and transits of natural gas on the Ukrainian territory, Ukraine's Prime Minister...
Nord Stream Signs Phase I Repricing Arrangements
Russia >> 10/27/2011 - Nord Stream can confirm it has agreed repricing arrangements with its relationship banks for the 3.9 billion euro Phase I project finance facilities. Nord Stream undertook this exercise in order to br...
Azerbaijan-Turkey Gas Agreements Signed
Azerbaijan >> 10/27/2011 - The Republic of Azerbaijan and the Republic of Turkey have signed a number of key gas export related agreements to enable Turkey to buy gas from Azerbaijan and to transit Azerbaijan gas through Turkey...
Tullow's Uganda Deal Approved by Ruling Party
Uganda >> 10/24/2011 - London-listed Tullow Oil's proposed sale of stakes in its Ugandan oilfields was given the go-ahead by the country's ruling party parliamentary caucus, despite its parliament voting to delay the deal. ...
TNK-BP Receives Investment License for Block 06.1
Vietnam >> 10/19/2011 - TNK-BP said that the Vietnamese Ministry of Investment and Trade has granted TNK Vietnam, the Vietnam-based subsidiary of TNK-BP Group, the investment license to operate offshore gas Block 06.1, part ...
ExxonMobil, BP & Eni Investing $100Bln in 3 Oilfields
Iraq >> 10/19/2011 - Dow Jones reported that Exxon Mobil Corporation, BP plc and Eni S.p.A. would spend around $100 billion to upgrade three oilfields in southern Iraq, the top energy advisor to the Iraqi Prime Minister s...
DNO Commences Cash Sales to Kurdistan Local Market
Iraq >> 10/17/2011 - DNO International ASA has redirected nearly one third of its crude oil production in the Kurdistan Region of Iraq to sales to the domestic market in a move that will improve predictability and stabili...
Angola to Export Less Crude Oil in December
Angola >> 10/17/2011 - Angola will export around 1.69 million barrels per day (bpd) of crude oil in December, trade sources said, down sharply from 1.84 million bpd originally scheduled to load in November. A total of 55 fu...
Sahara Obtains a Bridge Loan from Riyad Bank
Saudi Arabia >> 10/15/2011 - Sahara Petrochemicals Company declares that a bridge loan agreement was signed with RIYAD Bank with the value up to One thousand (1000) million SR, where this value will be used to finance the new pro...
Uganda Delays Tullow Oil Asset Sale
Uganda >> 10/11/2011 - Uganda's parliament voted to delay completion of British explorer Tullow Oil's sale of stakes in local interests to develop oilfields until a $472 million capital gains tax dispute has been resolved. ...
Iraq Delays 4th Energy Auction to March 2012
Iraq >> 10/10/2011 - Iraq has delayed its 4th energy bidding round to March 7-8 next year when it will award contracts for gas and oil exploration in 12 new blocs, an oil ministry official said. The energy auction was sch...
Kazakhstan May Pay Up to $1.1 Bln for Karachaganak
Kazakhstan >> 10/5/2011 - Kazakhstan is willing to pay up to $1.1 billion to enter the international consortium developing the Karachaganak gas field and settle a protracted ownership dispute, the head of its sovereign wealth ...

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 © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.