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Gazprom Neft Reviews Investment Programme Performance & Budget Implementation in H1 2017
Russia >> 9/29/2017 - The Gazprom Neft Board of Directors has reviewed information on the effectiveness of the company’s budget execution and the investment programme implementation in H1 2017. ...
Marubeni to Invest in Biomass Co-Firing Power Project in Shunan City, Yamaguchi Prefecture
Japan >> 9/29/2017 - Marubeni Corporation (“Marubeni”) will invest in the construction and operation of a biomass co-firing power project located at Tokuyama Factory of Tokuyama Corporation (“Tokuyama”) in Shunan City, Ya...
Investment Flows into Commodities - September 2017
Investment Flows into Commodities - September 2017 Austria >> 9/27/2017 - Open interest (OI) increased in August for selected US commodity futures markets such as copper, crude oil and livestock while it was relatively stable for natural gas, agriculture and precious metals...
Saudi Aramco Plans to Spend $334 billion by 2025
Saudi Arabia >> 9/26/2017 - Saudi Arabia’s state-owned oil giant Aramco plans to invest a total of about $334 billion by 2025, including spending on infrastructure and projects to maintain oil capacity, a senior Aramco official ...
Prospex Oil & Gas Preparing to Drill Bainet-1 Well
Romania >> 9/25/2017 - Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to provide an update on its investment in the Exploration Area of the EIV-1 Suceava Concession (the 'Concession' or 'Suceava'), w...
China Stock Movements - September 2017
China Stock Movements - September 2017 China >> 9/25/2017 - The latest information for China showed that total commercial oil inventories fell by 5.7 mb to settle at 380.6 mb, which is 0.5 mb lower than the previous year. Within the components, crude stocks ro...
TAP Invests €1 Million in Energy-Focused Postgraduate Programmes
Azerbaijan >> 9/22/2017 - On 21 September, the Trans Adriatic Pipeline (TAP) AG presented its €1 million initiative for funding Master’s programmes in the energy sector, offered by the University and the Technological Educatio...
Canada Invests $950,000 in New Carbon Capture Technology
Canada >> 9/14/2017 - Supporting clean technology will create good, middle-class jobs, improve the environmental performance of Canada’s oil and gas sector and help address climate change. On behalf of Canada’s Minister of...
Gazprom Approves Revised Investment Program, Budget, and Cost Reduction Program for 2017
Russia >> 9/14/2017 - The Gazprom Management Committee approved the revised drafts of the investment program, budget (financial plan) and cost optimization (reduction) program for 2017. ...
Chinese Firm to Set up $2.8B Petrochem Firm in Duqm
Oman >> 9/12/2017 - A Chinese firm plans to invest $2.8 billion in a major petrochemical project at the Sino-Oman industrial park in Duqm’s Special Economic Zone (SEZ), a Chinese newspaper announced. ...
DoE Invests $50m to Improve Critical Energy Infrastructure
United States >> 9/12/2017 - The Department of Energy (DOE) is announcing awards of up to $50 million to DOE’s National Laboratories to support early stage research and development of next-generation tools and technologies to fur...
Stock Movements - September 2017
Austria >> 9/12/2017 - OECD commercial oil stocks fell by 18.7 mb in July to stand at 3,002 mb, which is around 195 mb above the latest five-year average. Crude and products indicated surpluses of 123 mb and 72 mb above th...
Oman Invites Bids for 4 Oil and Gas Blocks
Oman >> 9/10/2017 - The Ministry of Oil & Gas has unveiled a total of four onshore hydrocarbon blocks for investment as part of the Oman Licensing Round 2017, registration and bidding for which formally commences on Sept...
China Invests $9.1 Billion in Rosneft as Glencore & Qatar Cut Stakes
China >> 9/10/2017 - Chinese conglomerate CEFC will buy a 14.16 percent stake in Russian oil major Rosneft for $9.1 billion from a consortium of Glencore and the Qatar Investment Authority, strengthening the energy partne...
Saudi Assures Investors that Reforms, Aramco IPO On Track
Saudi Arabia >> 9/9/2017 - Saudi Arabia's government assured investors on Saturday that its Vision 2030 economic reform programme, including the sale of a stake in national oil giant Saudi Aramco, was on track despite plans to ...
Clariant Expands Support for Local Noram Oil Services Customers
United States >> 9/6/2017 - Clariant, a world leader in specialty chemicals, announces a low single-digit million amount investment to strengthen two of its North American Oil Services sites in order to further support customer ...
US Stock Movements - August 2017
US Stock Movements - August 2017 United States >> 9/6/2017 - Preliminary data for July shows that US total commercial oil stocks fell by 22.4 mb, for the second consecutive months to stand at 1,316.4 mb. At this level, they are 51 mb, or 3.7%, lower than the sa...
Further Improvements on Johan Sverdrup
Norway >> 9/4/2017 - Continued quality in project delivery and execution enables the Johan Sverdrup partnership to further reduce investment costs for the first phase of the development by NOK 5 billion to NOK 92 billion....
PetroSA & Rosgeo Sign $400m Agreement to Develop O & G Blocks Offshore South Africa
South Africa >> 9/4/2017 - PetroSA, the Oil and Gas Corporation of South Africa, and Rosgeo, geological exploration company of the Russian Federation, have signed an agreement that will see about US$400 Million invested in oil ...
SMC to Explore Potential for Downstream Projects
Saudi Arabia >> 9/4/2017 - The wholly government-owned Salalah Methanol Company (SMC), which signed agreements last month for the addition of an ammonia plant to its world-scale methanol scheme in Dhofar Governorate, says it wi...

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