Gulf Oil and Gas accountACCOUNT

Financials and Investment News

Clontarf Energy Announces Placing to Raise £400,000
Ireland >> 9/20/2016 - The Directors of Clontarf has raised £400,000 (before expenses) via the placing of 80,000,000 ordinary shares (the "Placing Shares") with new and existing investors at a price of 0.5p per Placing Shar...
Strategic Plan and Business and Management Plan 2017-2021
Brazil >> 9/20/2016 - Petrobras announces that its Board of Directors approved, at a meeting held yesterday, the new Strategic Plan and the Business and Management Plan 2017-2021. ...
PDVSA Announces Swap Offer for 2017 Bonds
Venezuela >> 9/16/2016 - Petroleos de Venezuela, S.A. (PDVSA) announces that as of September 16th is offering a voluntary swap of PDVSA bonds in circulation maturing April 2017 with a coupon of 5.25%, and maturing November 2...
Funding Nigerian Oil Cash Calls from Debt Key for Economy
Nigeria >> 9/16/2016 - Nigeria must get out of paying so-called cash calls to joint ventures with oil and gas companies to stand a chance of pulling its ailing economy out of recession, Finance Minister Kemi Adeosun said. T...
Solo Raises £2m via Placement to Fund Tanzania Operations
Tanzania >> 9/16/2016 - Solo Oil plc has raised £2,000,000 gross proceeds through the issue of 1,111,111,111 new ordinary shares of 0.01 pence each in the Company (Placing Shares) at a price of 0.18 pence per share (the "Pla...
UK Visas & Immigration Launches a New VAC in Mombasa
Kenya >> 9/15/2016 - On Monday 19 September 2016, UK Visas and Immigration’s global commercial partner for UK visa services, TLScontact, will open a Visa Application Centre (VAC) in Mombasa. This is a new centre, in addit...
Touchstone Provides Credit Facility Update
Trinidad and Tobago >> 9/15/2016 - Touchstone Exploration Inc. announces an update regarding its credit facility. ...
Foreign Flights to Nigeria Forced to Refuel Elsewhere
Nigeria >> 9/13/2016 - Foreign airlines flying to Nigeria have started to refuel abroad to bypass pricey, and increasingly scarce, jet fuel as the oil producer battles a hard currency shortage that has made fuel available o...
Balance of Supply and Demand - September 2016
Austria >> 9/12/2016 - Demand for OPEC crude in 2016 was revised down by 0.2 mb/d to stand at 31.7 mb/d, which is 1.7 mb/d higher than the previous year. In 2017, the demand for OPEC crude is projected at 32.5 mb/d, aroun...
Victoria Oil & Gas Settles Reserve Bonus & Contingent Payment Agreements
Cameroon >> 9/8/2016 - Victoria Oil & Gas is pleased to announce that its wholly owned subsidiary Gaz du Cameroun S.A, a BVI company (GDC) has entered into a confidential settlement that resolves all outstanding issues con...
EOG Resources Acquires Yates in Transaction Valued at $2.5b
United States >> 9/6/2016 - EOG Resources, Inc. (EOG) and Yates Petroleum Corporation announced definitive agreements under which EOG has agreed to combine with Yates Petroleum Corporation, Abo Petroleum Corporation, MYCO Indust...
Doriemus Launches Open Offer to Raise up to £865,200
United Kingdom >> 9/6/2016 - Doriemus PLC, the London traded UK focused oil and gas exploration and production investment company, is pleased to announce the launch of a 3 for 10 Open Offer to raise up to £865,200 (before expense...
Nigeria's Oil Bill on Hold due to Delta Unrest
Nigeria >> 9/6/2016 - A long-awaited bill reforming Nigeria's petroleum industry is effectively on hold until tensions ease in the restive Niger Delta region, the country's oil hub, an influential senator said. The delay i...
Mexico Sets Minimum Royalty Value for Deepwater Gulf Auction
Mexico >> 9/6/2016 - Mexico's Finance Ministry announced the minimum value of additional royalties for companies participating in a deep-water oil tender, one of the most highly anticipated auctions since the opening of t...
Aramco Raises Pricing for October Crude to Asia on Demand
Saudi Arabia >> 9/4/2016 - Saudi Arabia, the world’s largest crude exporter, raised pricing for October oil sales to Asia and the US in a sign of strengthening demand. ...
BP's Dudley Sees Oil Price at $50 per Barrel for Rest of 2016
United Kingdom >> 9/2/2016 - BP Chief Executive Robert Dudley said he expected global oil prices to remain at around $50 per barrel till the end of this year and at the same level or even "little above" in 2017, he told reporters...
Tlou Completes Oversubscribed Equity Placement to Raise A$3m
Botswana >> 8/31/2016 - Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and Southern Africa through the development of coal bed methane (CBM) projects, is pleased to announce the s...
Statoil Cuts Johan Sverdrup Costs
Norway >> 8/29/2016 - Quality in planning, project execution and improvement work increases the value of Johan Sverdrup. Since the plan for development and operation (PDO) of the Johan Sverdrup field was approved by Norweg...
Japanese Banks Loan $630M to ADOC to Develop Hail Oilfield
Japanese Banks Loan $630M to ADOC to Develop Hail Oilfield United Arab Emirates >> 8/29/2016 - The Japan Bank for International Cooperation (JBIC) signed on August 26 a loan agreement amounting up to USD378 million with Abu Dhabi Oil Co., Ltd. (ADOC). This loan is cofinanced with Mizuho Bank, L...
Egypt's Debts to Foreign Oil Companies Reach $3.4b in June
Egypt's Debts to Foreign Oil Companies Reach $3.4b in June Egypt >> 8/28/2016 - Egypt's debts to foreign oil companies reached $3.4 billion by the end of June, a Sunday petroleum ministry statement read. This figure is up from $3.2 billion at the end of March. ...

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.