Gulf Oil and Gas accountACCOUNT

Financials and Investment News

Nord Stream Wins Platts Global Energy Award for Midstream Industry Leadership
Switzerland >> 12/12/2014 - Nord Stream AG was honoured with the 2014 Platts Global Energy Award in the Midstream Industry Leadership category last night. The Platts Energy Awards recognise companies in the energy industry that ...
Cheniere Engages to Arrange the Debt Financing for the Corpus Christi Liquefaction Project
United States >> 12/12/2014 - Cheniere Energy, Inc. has engaged 18 financial institutions to act as Joint Lead Arrangers ("Arrangers") to assist in the structuring and arranging of up to $11.5 billion of debt facilities. The proc...
Oil Market Highlights - December 14
Austria >> 12/11/2014 - Crude Oil Price Movements
The OPEC Reference Basket finished down $9.49 at $75.57/b in November, a mid increasing supplies and sluggish global growth. ICE Brent fell $8.42 to $79.63/b, ...
Balance of Supply and Demand - December 14
Austria >> 12/11/2014 - Demand for OPEC crude in 2014 was revised down by 0.1 mb/d from the previous report to stand at 29.4 mb/d, which is 1.0 mb/d lower than the 2013 level. In 2015, demand for OPEC crude was revised dow...
Forecast for 2015 Balance of Demand
Austria >> 12/11/2014 - Demand for OPEC crude in 2015 was also revised down by 0.3 mb/d to stand at 28.9 mb/d, which is 0.4 mb/d less than the estimated level for 2014. All the quarters were revised down. This downward revis...
SOCAR’s Payments for November 2014
Azerbaijan >> 12/9/2014 - SOCAR paid AZN 142 million 373 thousand to the State Budget for November of the current year. ...
Sberbank CIB Opens Rub 42b Credit Line for SIBUR
Russia >> 12/9/2014 - SIBUR and Sberbank CIB have signed a five-year non-revolving credit facility agreement for RUB 42 bn. The funds are to be used for general corporate purposes. ...
Iran-Venezuela Oil Ministers Meet
Iran >> 12/8/2014 - Iran’s Petroleum Minister Bijan Namdar Zanganeh met with Venezuela’s Oil Minister Asdrubal Chavez in Tehran to discuss expansion of economic and financial ties. ...
Eland Access to $22m Loan Facility
Nigeria >> 12/5/2014 - Eland, an oil & gas production, development and exploration company operating in West Africa with a principal focus on Nigeria, is pleased to announce that it has satisfied all the conditions preceden...
Gov’t to Set Budget on $70 Oil
Iran >> 12/5/2014 - The Iranian government is to draft its annual budget bill for next fiscal year (starting in March) based on $70 oil price, the head of Tehran Chamber of Commerce said. ...
Touchstone Enters into Credit Facility
Trinidad and Tobago >> 12/4/2014 - Touchstone Exploration Inc. announces that two of its indirect wholly-owned Trinidad subsidiaries, Touchstone Exploration (Trinidad) Ltd. and Primera Oil and Gas Limited (the “Borrowers”), have entere...
Petrobras CFO Fined for Stifling Shareholders
Brazil >> 12/3/2014 - The chief financial officer of Brazil's Petroleo Brasileiro SA has agreed to a fine for stifling the influence of minority shareholders, the country's securities regulator said, as corruption allegati...
CGX Settle the Claims Brought Against Repsol
Guyana >> 12/1/2014 - CGX Energy Inc. announced the settlement of the claims brought against Repsol Exploracion, S.A. relating to the joint operating agreement governing the Georgetown Block (the "Georgetown JOA"), offshor...
BG Group Revises Chief Executive Remuneration Package
United Kingdom >> 12/1/2014 - Following extensive shareholder consultation, the BG Group Board and Helge Lund wish to respond to BG Group shareholder concerns. The Company announces revisions to the remuneration package for its ne...
KNPC to Invest $40 Bln to 2022
Kuwait >> 11/24/2014 - Kuwait National Petroleum Co ( KNPC ) plans to spend $40 billion in the period to 2022 on projects including a new refinery and a clean fuels project, its chief executive said. ...
Petrobras Received a Subpoena from SEC
Brazil >> 11/24/2014 - Petrobras received a subpoena from the U.S. Securities and Exchange Commission (“SEC”) requesting certain documents relating to the SEC’s investigation of the Company. ...
CYGAM Receives Tax Assessments from the Tunisian Authorities
Tunisia >> 11/24/2014 - CYGAM Energy Inc through its wholly owned subsidiary, Rigo Oil Company Limited, which operates in Tunisia, has received tax assessments from the Tunisian tax authorities relating to taxation years 201...
Oil, Global Equities Support Markets
Egypt >> 11/23/2014 - A slight rebound in oil prices and a rally in global equities supported most stock markets in the Middle East on Sunday, but profit-taking continued in Qatar. ...
Global LNG-Prices Slide as Australia, Nigeria Offer Fresh Supply
Nigeria >> 11/21/2014 - Asian spot liquefied natural gas (LNG) prices extended losses this week as demand in December and January flat-lined, which is likely to have reduced interest for two sell tenders by Australia and Nig...
Kayan Signs Two Financing Deals Totalling $700m
Saudi Arabia >> 11/20/2014 - Saudi Kayan Petrochemical Company (Saudi Kayan) announces the signing of an Islamic Murabaha facility agreement with the National Commercial Bank and Samba Financial Group on November 19. Guaranteed a...

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.