Financials and Investment News
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Austria >> 11/25/2012 - The estimated demand for OPEC crude for 2012 remains broadly unchanged from the previous report, as demand and non-OPEC supply saw only minor adjustments. Within the quarters, the first, second and fo... |
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Austria >> 11/21/2012 - US oil supply is forecast to increase by 0.71 mb/d in 2012 to average 9.74 mb/d, which is unchanged compared with the previous MOMR. Despite this steady state, there were downward and upward revisions... |
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Indonesia >> 11/20/2012 - Other Asia’s oil production is estimated to decrease by 20 tb/d in 2012 to average 3.61 mb/d, representing a minor downward revision of less than 10 tb/d from the previous MOMR. The revisions occurred... |
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United Arab Emirates >> 11/19/2012 - Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, issues its latest Interim Management Statement i... |
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Saudi Arabia >> 11/18/2012 - The partially removed gasoline subsidies on domestic consumption in Iran in the last quarter led to a reduction in gasoline demand by an average of 50 tb/d. Hence, the country’s oil demand has been fl... |
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Austria >> 11/18/2012 - The estimated demand for OPEC crude for 2013 has seen a downward adjustment of 0.1 mb/d from the previous report to stand at 29.7 mb/d, showing negative growth of 0.4 mb/d, compared with the previous ... |
| Kenya >> 11/14/2012 - Kenya aims to take a bigger slice of the profits from its natural resources exploration boom by seeking a 25 percent stake in the production activities of oil and gas companies operating in the east A... |
| United Arab Emirates >> 11/12/2012 - Abu Dhabi National Energy Co (TAQA) has mandated five banks for a dollar-denominated bond, which could be issued before the end of the year, a spokesman for the company told Reuters. ... |
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Russia >> 11/12/2012 - Rosneft announced the creation of a strategic advisory group that will consolidate the financial assets of Rosneft and launch a full service financial institution. The group composed of Rair Simonyan,... |
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Saudi Arabia >> 11/11/2012 - The global oil market is in a good shape and Saudi Arabia is happy with the current oil price, Saudi Oil Minister Ali Al Naimi said, expressing satisfaction over a Gulf Arab effort, which kept prices ... |
| Austria >> 11/10/2012 - The OPEC Reference Basket dropped in October for the first time since the record 13% plunge in June, falling $2.31 to stand at $108.36/b. Higher supply growth and concerns regarding the health of the ... |
| Austria >> 11/10/2012 - Forecast for 2012 The estimated demand for OPEC crude for 2012 remains broadly unchanged from the previous report, as demand and non-OPEC supply saw only minor adjustments. Within the quar... |
| Ghana >> 11/7/2012 - Tullow Oil plc (Tullow) is pleased to announce that it has closed the refinance of US$3.5 billion of Reserves Based Lend (RBL) credit facilities. The arrangements are fully committed, secured and revo... |
| Saudi Arabia >> 11/6/2012 - Shareholders in Mohammed al-Mojil Group (MMG) have rejected the idea of liquidating the construction company, which is burdened by heavy losses and debt. The company's recovery plan include asset sale... |
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Indonesia >> 11/6/2012 - Oil supply from Other Asia is expected to average 3.62 mb/d in 2012, a minor decline of 10 tb/d from the previous year. Updated production data indicated lower-than-expected output from Brunei, India,... |
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China >> 11/4/2012 - Chinese oil demand weakened this summer to almost a stand-still level. This was caused mainly by the slowdown in the industrial sector, which fell heavily as a result of slower exports. Diesel, fuel o... |
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Russia >> 11/4/2012 - Total FSU oil production is projected to increase by 70 tb/d in 2012 and average 13.30 mb/d, a downward revision of 50 tb/d from the previous month. The forecast experienced two downward revisions on ... |
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Austria >> 11/3/2012 - Demand for OPEC crude for 2013 has been revised up by 0.2 mb/d, reflecting the downward revision to non-OPEC supply, as global demand remained unchanged. Within the quarters, the first and second quar... |
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Japan >> 11/2/2012 - In Japan, the latest August monthly data was once more dominated by strong increases in crude and residual fuel oil direct use. The summer’s seasonally higher requirements led to an extra increase in ... |
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Austria >> 11/1/2012 - Non-OPEC oil supply is forecast to increase by 0.89 mb/d in 2013 to average 53.89 mb/d, representing a downward revision of 0.20 mb/d from the previous month. Despite this adjustment, the growth in no... |
