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Board of Directors Reviews Progress of Major Investment Projects
Russia >> 3/19/2019 - The Gazprom Board of Directors expressed its approval the Company’s ongoing work on its major investment projects. One the Company’s current priorities is the Eastern Gas Program. ...
Williams & Canada Pension Plan Investment Board to form $3.8B
Canada >> 3/18/2019 - Williams announced a series of transactions that will establish a new platform for the optimization of its midstream operations in the western Marcellus and Utica basins through a long-term partnershi...
Bahamas Petroleum Announces Placing to Raise USD2.5 Million
Bahamas >> 3/15/2019 - Bahamas Petroleum, the oil and gas exploration company with a significant prospective resource in licences in The Commonwealth of The Bahamas, has announced that it has raised US$2.54 million before e...
German Companies Express Interest in Libyan Oil & Gas Sector
Libya >> 3/10/2019 - Chairman of National Oil Corporation (NOC), Eng. Mustafa Sanalla took part in the Libyan-German Economic Forum, held on March 8, 2019, in Tunis, alongside a number of other sovereign state institution...
New Investment for DEA in the Gulf of Suez
New Investment for DEA in the Gulf of Suez Egypt >> 3/7/2019 - DEA has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez. At a formal ceremony event, witnessed by H.E. Eng. Tarek El-Molla the Egyptian Minister of Petroleum an...
Pemex Partners to Invest $250m in Two Onshore Blocks in Mexico
Mexico >> 3/6/2019 - Two private partners of Mexico’s state-run oil company Pemex will invest a combined $250 million in two projects over the next four years as they aim to quickly ramp up crude output, according to plan...
Forties Pipeline System Investment is Vote of Confidence in North Sea Future
United Kingdom >> 2/27/2019 - The leading representative body for the UK’s offshore oil and gas industry has welcomed news INEOS is to invest £500m in the Forties Pipeline System as a vote of confidence in the future potential of ...
BHGE Signs MOU in Support of Qatar Petroleum’s Tawteen Program
BHGE Signs MOU in Support of Qatar Petroleum’s Tawteen Program Qatar >> 2/18/2019 - Baker Hughes, a GE company, the world’s first fullstream oil and gas company, has signed a Memorandum of Understanding (MoU) with Qatar Petroleum (QP) to unlock new opportunities to expand its presenc...
QP Launches Localization Program for Services and Industries in the Energy Sector TAWTEEN
Qatar >> 2/18/2019 - His Excellency Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani, the Prime Minister and Interior Minister, launched Qatar Petroleum’s Localization Program for Services and Industries in the Energy Sect...
Gazprom Neft Supports the Development of the Omsk Oblast
Russia >> 2/14/2019 - Gazprom Neft has concluded a cooperation agreement with the Government of the Omsk Oblast at this year’s Russian Investment Forum in Sochi, signed by Alexander Dyukov, CEO and Chairman of the Manageme...
Gazprom Neft’s Construction of A Catalyst Plant in Omsk Endorsed
Russia >> 2/14/2019 - Gazprom Neft, the Ministry of Industry and Trade of the Russian Federation and the Government of the Omsk Oblast have concluded a special investment contract on establishing a high-tech oil refining c...
Nigeria to Boost Domestic Gas Supply by 600mmscfd
Nigeria >> 2/13/2019 - A major step on attaining sufficiency in domestic gas supply was taken by the Nigerian National Petroleum Corporation (NNPC) Wednesday in Abuja with the execution of Final Investment Decision (FID) on...
BHP Approves Funding for Atlantis Phase 3 Project & Trion Field Appraisal in Mexico
Mexico >> 2/13/2019 - BHP has approved US$696 million (BHP share) in funding to develop the Atlantis Phase 3 project in the US Gulf of Mexico. This follows sanction by BP, as the Operator, of the Atlantis Phase 3 project, ...
Tethys Oil Announces Plans for Blocks in Oman
Oman >> 2/12/2019 - Under current market conditions and production assumptions, Tethys Oil expects its 2019 investments for the company’s existing operations on Blocks 3&4 and Block 49 in Oman to amount to US$50-55 milli...
Iraq's Basrah Gas Company to Increase Capacity by 40 pct
Iraq >> 2/12/2019 - Iraq’s Basrah Gas Company will increase its capacity by 40 percent as part of an investment plan, Royal Dutch Shell said. ...
SIBUR to Improve Polybutadiene Rubber Production Efficiency in Voronezh
Russia >> 2/12/2019 - SIBUR has decided to launch an investment project aimed at enhancing polybutadiene rubber (Nd-BR) production efficiency at its Voronezh facility (Voronezhsintezkauchuk). The project will involve a lar...
Black Sea Oil & Gas Moves Forward with the Midia Gas Development Project
Romania >> 2/7/2019 - Black Sea Oil & Gas SRL (BSOG) together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas Plus International B.V. (“Gas Plus”) are pleased to announce that they hav...
ExxonMobil & QP to Proceed with Golden Pass LNG Export Project
United States >> 2/5/2019 - ExxonMobil and partner Qatar Petroleum have made a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas. Construction will begin in...
Severstal Announces 2019 Capital Investment Programme
Russia >> 2/4/2019 - PAO Severstal ("Severstal"; "the Company"), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its capital investment programme for 2019. <...
Greek Bank to Take Part in Syndicated Financing Scheme for TAP
Azerbaijan >> 1/31/2019 - Piraeus Bank was assigned as Onshore Account Bank in the syndicated financing scheme of € 3,9bn for the construction of TAP pipeline. ...

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