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Hanwha Total Petrochemical Invests in a New Polypropylene Plant
South Korea >> 12/3/2018 - Hanwha Total Petrochemical, a 50/50 joint venture between Total and Hanwha, will invest nearly $500 million to further expand its Daesan integrated refining and petrochemical complex in South Korea. T...
Spanish Interest to Invest in the Oil & Gas Industry in Egypt
Spanish Interest to Invest in the Oil & Gas Industry in Egypt Egypt >> 12/3/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed with the Spanish Ambassador to Egypt, Ramon Gil-Casares, ways of boosting economic relations between the two countries in th...
Oman to Offer Six New Oil Blocks for Investment
Oman >> 12/2/2018 - Oman has announced plans to offer six new oil and gas blocks for investment as part of the 2019 Licensing Round due to be unveiled in the first quarter of next year. The new blocks — distributed acros...
Final Investment Decisions Made for Baltic Pipe Project
Russia >> 11/30/2018 - The Polish and Danish gas transmission system operators: GAZ-SYSTEM and Energinet have both made positive investment decisions and agreed to implement the joint Baltic Pipe project. The pipeline will ...
GEECL to Invest $2 Billion to Exploit Shale Reserves
GEECL to Invest $2 Billion to Exploit Shale Reserves India >> 11/30/2018 - Great Eastern Energy Corp (GEECL) will invest up to USD 2 billion over the next 10 years in its Raniganj (south) block in West Bengal to exploit shale gas reserves, its chief executive Prashant Modi s...
BHGE Recognized for Localization Efforts in Saudi Arabia
BHGE Recognized for Localization Efforts in Saudi Arabia Saudi Arabia >> 11/26/2018 - Baker Hughes, a GE company received recognition for its localization efforts and announced a series of agreements at Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) Forum. The agreements are in line...
Saudi Aramco Signs Deals Worth $27.5 Billion with Suppliers
Saudi Aramco Signs Deals Worth $27.5 Billion with Suppliers Saudi Arabia >> 11/26/2018 - Saudi Aramco hosted its 4th IKTVA Forum & Exhibition this week at the Dhahran Expo Center in Dammam, attracting more than 1,000 local and international energy-sector service and equipment suppliers, m...
South Africa to Invest $1b in South Sudan's Oil Sector
South Sudan >> 11/23/2018 - South Africa will invest $1 billion in South Sudan's oil sector, including in the construction of a refinery, the South African minister for energy and his South Sudanese counterpart for petroleum sai...
BP to Invest $1b in South Africa, Including Refinery Upgrade
South Africa >> 11/22/2018 - BP Southern Africa (BPSA) will invest $1 billion in South Africa in the next five years with more than a quarter of that set aside to upgrade the SAPREF refinery to produce lower sulfur diesel, its ch...
Gazprom Management Committee Approves Investment Program & Budget for 2019
Russia >> 11/22/2018 - The Gazprom Management Committee took note of the information about the Company’s preliminary operating results for 2018 and the projected investment program and budget (financial plan) for 2020–2021....
INEOS Completes $80M Investment in Re-routing of North Sea Gas Field
United Kingdom >> 11/22/2018 - A new pipeline, subsea infrastructure and processing equipment has been installed to re-route production from the Clipper South field as ConocoPhillips commence the shutdown of operations at the exist...
Saudi Aramco & ADNOC Sign Framework Agreement
Saudi Aramco & ADNOC Sign Framework Agreement Saudi Arabia >> 11/12/2018 - Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC) signed a framework agreement to explore opportunities for collaboration in the Natural Gas and Liquefied Natural Gas (LNG) sector.

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ENGIE to Mobilize 800 million Euros to Develop Green Gases in the Next 5 Years in France
France >> 11/11/2018 - On Friday, during the inauguration of the Beauce Gâtinais Biogas (BGB) methanization unit in France, in presence of François de Rugy, French Minister of State, Minister of the Ecological and Solidarit...
Reabold Resources Announces Investment in Rathlin Energy
United Kingdom >> 11/5/2018 - Reabold Resources has signed a subscription agreement with Rathlin Energy (UK), a wholly-owned subsidiary of Calgary-based Connaught Oil & Gas, to invest a total of Ł3 million for an equity interest o...
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan United Arab Emirates >> 11/4/2018 - Abu Dhabi’s Supreme Petroleum Council (SPC) approved the Abu Dhabi National Oil Company’s (ADNOC) new integrated gas strategy and plans to increase its oil production capacity to 4 million barrels per...
Senex Energy Announces Final Investment Decisions for Project Atlas and Roma North
Australia >> 10/29/2018 - Senex Energy has announced that following financial close of its $150 million debt facility, Final Investment Decisions have been taken and multi-year work programs sanctioned for Project Atlas and Ro...
QP to Allocate Free QAMCO Shares for Qataris Covered by Security Law
Qatar >> 10/28/2018 - Qatar Petroleum will allocate 750 free shares in Qatar Aluminium Manufacturing Company "QAMCO" (under incorporation) to all registered Qatari beneficiaries covered by the Social Security Law. ...
Petroleum Minister & Petronas Disscus Activities in Egypt
Petroleum Minister & Petronas Disscus Activities in Egypt Egypt >> 10/26/2018 - Minister of Petroleum and Mineral Resources Tareq el Molla discussed with President and CEO of Malaysia’s Petronas Wan Zulkiflee means of boosting the Malaysian firm’s activities and investments in Eg...
Gazprom Approves Revised Investment Program & Budget for 2018
Russia >> 10/26/2018 - The Gazprom Board of Directors approved the revised investment program and budget (financial plan) for 2018. The key figures of the investment program did not change compared to the version approved b...
Austria's OMV Postpones Decision on Black Sea Offshore Investment
Romania >> 10/24/2018 - Austria’s energy group OMV has postponed an investment decision on its Black Sea exploration project until next year because the Romanian government took too long to set the framework conditions, its ...

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