| Saudi Arabia >> 5/13/2016 - Saudi Arabia’s state-owned oil giant Aramco is finalising proposals for its partial privatisation and will present them to its Supreme Council soon, its chief executive said about the centrepiece of t... |
| Trinidad and Tobago >> 5/9/2016 - Range has signed an agreement with the Petroleum Company of Trinidad and Tobago Limited (Petrotrin) to reduce the overriding royalty rates (ORRs) on the Company's producing Morne Diablo, Beach Marcell... |
| Brazil >> 5/9/2016 - Petrobras has signed with the China Exim Bank a term sheet containing the main terms and conditions for a financing contract of US$1 billion and that the final agreement is already under negotiation. ... |
| United States >> 5/6/2016 - Halliburton Company announced that, in connection with the previously announced termination of the merger agreement between Halliburton and Baker Hughes Incorporated, it will redeem the entire outstan... |
| United Kingdom >> 5/6/2016 - Petrofac has reached final commercial settlement with its client in respect of the Laggan-Tormore gas plant in the Shetland Isles. As part of the agreement, our client has informed us that there will ... |
| Trinidad and Tobago >> 5/5/2016 - LGO has raised £3.25 million, before expenses, by way of a Company arranged placing of 1,625,000,000 new ordinary shares of 0.05p each ("the Placing Shares") at a placing price of 0.2p per share ("Pla... |
| Saudi Arabia >> 5/5/2016 - The National Shipping Company of Saudi Arabia has signed a 700 million riyal ($186.7 million) loan to partly-finance the purchase of three very large crude carriers (VLCCs), the company known as Bahri... |
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Austria >> 5/5/2016 - Demand for OPEC crude for 2015 remained unchanged from the previous month to stand at 29.7 mb/d, representing a decline of 0.1 mb/d from the 2014 level. ... |
| Netherlands/Holland >> 5/4/2016 - Royal Dutch Shell said it plans to reduce 2016 spending by around 10 percent to $30 billion due to low oil prices, after reporting better than expected first quarter results. ... |
| Trinidad and Tobago >> 5/3/2016 - Trinity, an independent E&P company focused on Trinidad and Tobago, announces that the Company has agreed a further extension to the moratorium on principal repayments, relating to Trinity's outstandi... |
| Oman >> 4/30/2016 - The construction of the first phase of Ras Markaz Oil Storage Terminal which involves the project’s infrastructure will cost anything between $300 to 400 million. This was stated by Dr Mohammed bin Ha... |
| Ghana >> 4/28/2016 - Oil and gas producer Tullow Oil has reduced its annual capital expenditure budget by another $100 million to $1 billion and may cut spending further as it adjusts its balance sheet to weak oil prices.... |
| Saudi Arabia >> 4/25/2016 - Saudi Arabia expects state oil company Saudi Aramco to be valued at more than $2 trillion and plans to sell less than 5 percent of it through an initial public offering (IPO), Deputy Crown Prince Moha... |
| Kazakhstan >> 4/21/2016 - Kazakh state-owned oil producer Kazmunaygaz may raise new debt to finance the buyout of minority shareholders of its upstream subsidiary KMG EP in a deal worth about $1 billion, its managing director ... |
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Austria >> 4/19/2016 - Demand for OPEC crude for 2016 remained broadly unchanged from the previous report and is projected to increase by 1.8 mb/d, to average 31.5 mb/d. Within the quarters, 1Q16 and 2Q16 were revised down ... |
| Oman >> 4/17/2016 - Two major Omani state-owned oil companies are in negotiations regarding loan facilities worth a combined $4.35 billion, sources aware of the matter said, as the duo turn to bank markets for finance in... |
| Gabon >> 4/15/2016 - The African nation of Gabon wants to rejoin OPEC after more than two decades, two OPEC sources said, becoming the second former member in a year to seek a return to the oil exporters' group just as it... |
| Mexico >> 4/13/2016 - Mexico's finance ministry announced a series of measures to improve national oil company Pemex's ailing finances, giving it a 73.5 billion peso ($4.2 billion) liquidity boost. ... |
| Austria >> 4/13/2016 - Demand for OPEC crude in 2015 remained unchanged from the previous report
to stand at 29.7 mb/d, which is 0.1 mb/d less than the 2014 level. In 2016, the
demand for OPEC crude is projected at 31.5 m... |
| Cameroon >> 4/13/2016 - Victoria Oil & Gas Plc, the integrated natural gas producing utility, is pleased to announce that its wholly-owned subsidiary Gaz du Cameroun S.A. ("GDC") has agreed a US$26m debt facility to support ... |
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