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Oil & Gas Companies News

Mart Sale of the Company and Closing of Bridge Loan
Nigeria >> 5/27/2009 - Mart Resources, Inc. announces that it has entered into a Letter of Intent for the sale of all of the issued and outstanding shares of Mart to a private African oil and gas company (the “Purchaser”) a...
Canoel Agreement on Exploration Block in Mongolia
Mongolia >> 5/27/2009 - Canoel International Energy Ltd.is pleased to announce that the Company has taken a major step in a new direction by entering into an Agreement to become the operator of a large oil exploration block ...
Eax PSA Enters Ethiopia and a New Kenyan Block
Kenya >> 5/26/2009 - Black Marlin Energy Limited is pleased to announce the execution of a farmin agreement between BMEL’s subsidiary East African Exploration Limited (“EAX”) and Africa Oil Corporation for EAX’s entry int...
PetroChina Acquires Keppel’s Stake in Singapore Petroleum
Singapore >> 5/24/2009 - PetroChina Company Limited announced that PetroChina, through its indirectly wholly owned subsidiary, PetroChina International (Singapore) Pte. Ltd. (which it holds via PetroChina International Compa...
Tethys Protocol Signed for Northern Tajikistan Areas
Tajikistan >> 5/19/2009 - Tethys Petroleum Limited is pleased to announce that following meetings with the Prime Minister of the Republic of Tajikistan it has signed a Protocol of Intent ("POI") with the Ministry of Energy and...
PrimeGen Energy Acquires Timan-Pechora
Russia >> 5/19/2009 - PrimeGen Energy Corp. has signed an agreement to acquire a 40% working interest in the Timan-Pechora Oil Field in Russia from Moscow-based corporation, Kozik Energy Ltd.. The deal is subject to certai...
Purchasing Five More Oil Licences in Russia
Russia >> 5/18/2009 - The Aladdin Oil & Gas Company ASA concluded an agreement to purchase five new licences in the Orenburg region of Russia. The licences are production licences covering 13.9 million barrels of 2P SPE-ce...
MOL and OMV Join Dana Gas and Crescent in Iraq
Iraq >> 5/17/2009 - Dana Gas PJSC, the Middle East’s first and largest regional private-sector natural gas company, and Crescent Petroleum are pleased to announce strategic partnership agreements with OMV and MOL Hungari...
Gazprom and Srbijagas Agreement in the framework
Russia >> 5/15/2009 - In Sochi Alexey Miller, Chairman of the Gazprom Management Committee, and Dusan Bajativic, Director General of Srbijagas, signed a Basic Cooperation Agreement on implementation of the South Stream pro...
Nido to Pursue Tindalo Development Opportunity
Philippines >> 5/15/2009 - Nido Petroleum Limited is pleased to advise that its Board of Directors has resolved to commit the resources of the Company to pursuing the development of the Tindalo oil discovery in the Philippines....
Dana Expands Operations and Investments in Egypt
Egypt >> 5/13/2009 - Dana Gas, the Middle East’s first private sector regional natural gas company, announced its intention to expand its gas operations and investments in Egypt’s growing natural gas industry. The company...
BP Two Exploration Blocks in Egas 2008 Bid Round
Egypt >> 5/13/2009 - BP has announced that the Egyptian Natural Gas Holding Company (EGAS) has awarded the company two blocks in the 2008 International bid round on the Egyptian Offshore Nile Delta. ...
Tharwa New Concession Extensions of West Esh El Mallaha
Egypt >> 5/13/2009 - Tharwa is constantly tracking to expand its exploration acreage and maximizing its resources as one of the main objective the most recent acquired concession is “West Esh El Mallaha Extensions area”. ...
Eni And Egypt New Co-Operation Initiatives
Egypt >> 5/12/2009 - Eni CEO, Paolo Scaroni, and Egypt's Minister of Petroleum, Amin Sameh Samir Fahmy, announced new initiatives creating a new framework for co-operation between the two parties. These initiatives will e...
RWE Dea Steps Up Investments
Egypt >> 5/12/2009 - In fiscal 2009, RWE Dea will substantially step up its investments in field development projects in Egypt. Despite the difficult market environment, RWE Dea has affirmed its investment plans. "Our str...
1.1 Billion Barrels of Gross Prospective Resources
Tajikistan >> 5/12/2009 - Tethys Petroleum Limited is pleased to announce that it has completed an initial independent reserve and resource report for its assets in Tajikistan. These assets are held by Tethys' subsidiary Kulob...
Dno Export Notification from Kurdistan Regional Government
Iraq >> 5/11/2009 - Reference is made to the information published on the website of the Kurdistan Regional Government ("KRG") on 8 May 2009 and on 10 May 2009 announcing commencement of crude oil export from the Tawke f...
Dana Gas Production in Egypt up 20 pct from 2008 Avg
Egypt >> 5/11/2009 - Dana Gas, the Middle East's first and largest regional private sector natural gas company, has increased production through its El Wastani gas plant in the Nile Delta region of Egypt to 170 million st...
Petrel Resources plc Institutional placing
Iraq >> 5/11/2009 - Petrel Resources is pleased to announce that it has raised £1,840,500, before expenses, through the placing of 4,090,000 new ordinary shares of 0.0125 Euro at a price of 45p with three long-standing i...
PrimeGen Energy Signs MOU to Acquire Timan-Pechora
Russia >> 5/11/2009 - PrimeGen Energy Corp. is pleased to announce it has entered into an agreement with Moscow-based resource management corporation Kozik Energy Ltd. whereby PrimeGen has secured a first right of refusal ...

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