Financials and Investment News
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Japan >> 12/22/2015 - Preliminary October 2015 data recorded a contraction in Japanese oil demand following increases in August, September and the overall third quarter of 2015. Oil demand growth declined by around 63 tb/d... |
| Colombia >> 12/21/2015 - GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, announced th... |
| Tanzania >> 12/21/2015 - Aminex is pleased to announce a six month extension to the repayment of its corporate loan facility to 31 July 2016 has been agreed in principle. The extension will provide the Company with valuable f... |
| Argentina >> 12/21/2015 - Crown Point Energy Inc. commented on the removal of currency controls in Argentina, which had imposed foreign exchange restrictions on the Argentine peso (“AR$”). Crown Point advises that it does no... |
| Azerbaijan >> 12/18/2015 - The representatives of over 20 leading project finance banks attended an introductory meeting organised by the Trans Adriatic Pipeline AG (TAP) in London. TAP is planning to raise limited recourse fin... |
| France >> 12/17/2015 - On December 14th 2015, Nexans signed a € 600 million Revolving Credit Facility with 11 of its core banks for a period of five years, thereby extending the tenor of the Group’s access to liquidity unti... |
| United States >> 12/16/2015 - The Company is pleased to announce that the Turritella joint venture led by SBM Offshore has completed the project financing of FPSO Turritella for a total of US$800 million. Project financing was sec... |
| Azerbaijan >> 12/15/2015 - Azeri state energy company SOCAR plans to cut spending next year due to lower oil prices and introduce changes in the way its overseas offices operate, it said. ... |
| Iraq >> 12/14/2015 - Genel Energy has announced that the Taq Taq field partners have received a gross payment of $30 million from the Kurdistan Regional Government for oil exported through the Kurdistan Region of Iraq-Tur... |
| Tanzania >> 12/14/2015 - Orca Exploration Group Inc. (Orca) announces that its wholly owned subsidiary, Pan African Energy Tanzania Limited (PAET) has made an initial drawdown of US$20 million from the available US$60 million... |
| Austria >> 12/13/2015 - Demand for OPEC crude in 2015 was revised down by 0.2 mb/d from the previous
month’s report to stand at 29.4 mb/d, which is 0.4 mb/d higher than the 2014
level. In 2016, demand for OPEC crude is pro... |
| Nigeria >> 12/8/2015 - Nigeria’s government said it will boost spending by a fifth in next year’s budget without overstepping borrowing targets, even as oil revenue in Africa’s largest economy is set to fall. ... |
| Hungary >> 12/3/2015 - Falcon Oil & Gas Ltd. (Falcon) has signed a termination agreement with Naftna Industrija Srbije jsc (NIS) terminating the Oilfield Services Contract entered into between the parties in January 2013. N... |
| Kazakhstan >> 12/3/2015 - JSC KazMunaiGas Exploration Production (KMG EP) announces the approval by the Board of Directors (“the Board”) of the Company’s 2016 budget and 2016-2020 business plan which assume the average annual ... |
| Iraq >> 12/3/2015 - DNO ASA, the Norwegian oil and gas operator, today confirmed receipt of USD 30 million to be shared pro-rata with its partner Genel Energy plc as a partial payment towards oil exported from the Tawke ... |
| Kazakhstan >> 12/3/2015 - JSC KazMunaiGas Exploration Production (KMG EP) announces the approval by the Board of Directors (“the Board”) of the Company’s 2016 budget and 2016-2020 business plan which assume the average annual ... |
| Iraq >> 12/2/2015 - Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq, is pleased to confirm that, further to the recent statement by the Kurdistan Regional Government (... |
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Austria >> 12/2/2015 - Demand for OPEC crude in 2016 remained unchanged from the previous month. All the quarters also remained unchanged from the previous report. Demand for OPEC crude next year is projected to increase by... |
| United States >> 12/1/2015 - A federal judge ordered Anadarko Petroleum Corp to pay a $159.5 million civil fine reflecting its stake in the Gulf of Mexico well whose 2010 blowout caused the largest U.S. offshore oil spill. ... |
| Venezuela >> 12/1/2015 - Venezuelan President Nicolas Maduro reiterated his hopes for OPEC action ahead of the group's meeting, adding the South American country was pushing for a 5 percent output cut to shore up prices. ... |
