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SOCARís Budget Payments for September 2017
Azerbaijan >> 10/17/2017 - SOCAR paid AZN 117 million 330 thousand to the State Budget for September of the current year. In general, for January-September 2017, SOCAR transferred AZN 1 billion 165 million 678 thousand (AZN 140...
Balance of Supply and Demand in 2018 - October 2017
Balance of Supply and Demand in 2018 - October 2017 Austria >> 10/16/2017 - OPEC crude for 2018 was revived up by more than 0.2 mb/d from the previous month to 33.1 mb/d representing an increase of 0.3 mb/d over 2017. ...
NU-Oil and Gas Wins Best Performing Stock at AIM Awards 2017
United Kingdom >> 10/16/2017 - NU-Oil and Gas plc was awarded Best Performing Share at the recent AIM Awards 2017. Best Performing Share is a factual award based on share price performance over the period of assessment, being 1 Aug...
Costs Rise for Norway's Martin Linge Oilfield Development
Norway >> 10/12/2017 - The cost of developing Totalís Martin Linge oil and gas field off the coast of Norway has risen by a further 1.4 billion Norwegian crowns ($177 million) in the last year to 41.3 billion, the governmen...
Chevron Announces $500,000 for California Fire Relief Efforts
United States >> 10/11/2017 - Chevron announced a contribution of $500,000 from the Chevron Global Community Fund to the American Red Cross in support of immediate relief efforts for the wildfires in Northern and Southern Californ...
Balance of Supply and Demand - October 2017
Austria >> 10/11/2017 - OPEC crude in 2017 is estimated to be 32.8 mb/d, or 0.6 mb/d higher than in 2016. In 2018, OPEC crude is projected to reach 33.1 mb/d, about 0.3 mb/d higher than in 2017. ...
DNO Reports Payment for Tawke Deliveries
Iraq >> 10/11/2017 - DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 39.50 million from the Kurdistan Regional Government as payment towards July 2017 crude oil deliveries to the export market from th...
ONGC Videsh Expects $400m Debt Repayment from Sudan
Sudan >> 10/9/2017 - ONGC Videsh expects Sudan to clear about $400 million owed to the state-run energy company after the lifting of the U.S. sanctions, its managing director N.K. Verma said. The past dues were relating t...
Australia's WorleyParsons to Buy AFW's Former Oil & Gas Assets for $298 million
Australia >> 10/9/2017 - Australian engineering firm WorleyParsons said on Monday it would buy the former upstream oil and gas assets of Britainís Amec Foster Wheeler for 228 million pounds ($298.22 million), marking its entr...
Erin Energy Obtains Funding for Miocene Exploration Well
Nigeria >> 10/4/2017 - Erin Energy Corporation (Erin Energy), announced that funding commitment has been obtained to drill our high-impact Miocene exploration well. Site survey of drilling location has been completed and th...
Sterling Resources in Discussions Regarding Potential Transaction
Canada >> 10/2/2017 - Sterling Resources Ltd. (Sterling) is engaged in preliminary discussions regarding a potential transaction with a third party involving a potential reverse take-over of the Company. No agreement has b...
Overwhelming Acceptance by Creditors Entitled to Vote on Chapter 11 Plan
France >> 10/2/2017 - CGG SA announces that all creditor classes entitled to vote on the chapter 11 plan proposed in the chapter 11 cases commenced on 14 June 2017 in the US Bankruptcy Court for the Southern District of Ne...
Crude Oil Prices in September 2017
Azerbaijan >> 10/2/2017 - In September 2017, price for Brent crude oil in the world market was $56,05 per barrel, Urals oil - $54,17, and BTC FOB Ceyhan crude oil - $57,05.
Iraqi PM Presses Case for Baghdad to Receive Kurdistan Oil Revenue
Iraq >> 9/30/2017 - Iraqi Prime Minister Haider al-Abadi pressed the case for the central government in Baghdad to receive the income from Kurdistanís oilfields, saying the money would be used to pay Kurdish civil servan...
Cenovus Energy Files for $7.5 Billion Mixed Shelf Offering
Canada >> 9/29/2017 - Canadian oil and gas producer Cenovus Energy filed a mixed shelf offering for $7.5 billion with Canada and U.S. regulators, although the company said it currently has no plans to issue more debt or eq...
Doriemus plc Admitted to Trading on ASX
United Kingdom >> 9/29/2017 - Doriemus plc, the quoted company focused on UK based oil and gas exploration and production, has commenced trading on the Australian Securities Exchange (ASX). The Company successfully raised approxim...
Questerre Energy Announces Successful Private Placement
Canada >> 9/29/2017 - Questerre Energy Corporation (Questerre) is pleased to announce that its private placement of up to 34.9 million Common Shares (the "Private Placement") has been over-subscribed at a price of 5.70 NOK...
ShaMaran Announces Atrush Oil Sales Agreement Signed
Iraq >> 9/29/2017 - ShaMaran Petroleum Corp. announces that an agreement for the sale of Atrush oil has been signed between Taqa Atrush BV. (on behalf of the Atrush co-venturers) and the Kurdistan Regional Government ("K...
Pro-Growth Tax Policies to Strengthen US Energy Renaissance
United States >> 9/27/2017 - API President and CEO Jack Gerard issued the following statement in response to the tax reform proposal released today by Congressional leaders and White House officials. ...
COPL on Track to Secure Funds for OPL 226 Offshore Nigeria
Nigeria >> 9/27/2017 - Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration and development company focused on offshore West Africa, provides an operational update on its licences in offshore...

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