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Petroleum Minister in Discussions with the Director General for European Neighborhood Policy
Petroleum Minister in Discussions with the Director General for European Neighborhood Policy Egypt >> 4/12/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. Christian Danielsson, Director General for European Neighborhood Policy and Enlargement Negotiations accompanied by Ambass...
Total-Hanwha JV Invests $450 Million to Expand Its Refining & Petrochemicals Platform
South Korea >> 4/12/2017 - Hanwha Total Petrochemical, a 50/50 joint venture between Hanwha and Total, will invest to expand its Daesan refining & petrochemicals integrated platform. The planned $450 million investment will inc...
Stock Movements - April 2017
Austria >> 4/12/2017 - OECD commercial oil stocks fell in February to stand at 2,987 mb, which is around 268 mb above the latest five-year average. Crude and products indicated a surplus of 227 mb and 41 mb above the seaso...
Aramco Board to Meet in Shanghai as it Seeks Chinese Investors for IPO
Saudi Arabia >> 4/10/2017 - Saudi Aramco's board will meet in China in May for the first time in seven years, industry sources said, as the state-owned energy firm seeks to lure Chinese and Asian investors to its giant share off...
US Stock Movements - March 2017
US Stock Movements - March 2017 United States >> 4/10/2017 - Preliminary data shows that following the build of 11.9 mb seen in January, US total commercial oil stocks rose by 1.8 mb, to stand at 1,349.2 mb in February, 31.0 mb, or 2.4%, above the same period a...
Tendeka Wins Two-Year Contract Extension with a Leading Asia-Pacific Operator
Malaysia >> 4/4/2017 - Tendeka celebrates its most recent win after being awarded a two-year contract extension with a leading Malaysian operator. This award is in line with the company strategy to strengthen its offering b...
Panel Discussion about the Future of Energy in the Region
Panel Discussion about the Future of Energy in the Region Egypt >> 4/3/2017 - During his visit to Jordan to attend the proceedings of The 3rd Jordan International Energy Summit, Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources participated in a Panel Discussion ...
Sinochem Said to Hire Advisers to Manage Pre-IPO Stake Sale
China >> 3/31/2017 - Sinochem Group, the Chinese state-owned oil and chemicals producer, has hired investment banks to arrange a stake sale to outside investors ahead of a potential initial public offering, according to p...
First Microfactory Launched in UAE
United Arab Emirates >> 3/27/2017 - Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, the Dubai Future Foundation and GE Additive are uniting their collective expertise behind the establish...
Statoil Invests NOK 20 Billion in New Projects
Norway >> 3/27/2017 - New technology and project improvements trigger new investments on the Njord and Bauge fields in the Norwegian Sea. Statoil, on behalf of the partnerships in the licences, today submits the plans for ...
$1.7 Billion Investment to Expand Total’s Petrochemicals Activities in Texas
United States >> 3/27/2017 - Total is entering a partnership with Borealis and Nova to form a joint venture with the aim of building an ethane steam cracker and a new Borstar® polyethylene unit on the US Gulf Coast. Total is expe...
China's Sinopec Invited by KSA to Invest in Aramco
Saudi Arabia >> 3/27/2017 - China Petroleum & Chemical Corp. said it was invited to invest in Saudi Arabian Oil Co. as part of what could be the world’s biggest-ever initial public offering. ...
EU plus Norway Stock Movements - March 2017
EU plus Norway Stock Movements - March 2017 Norway >> 3/23/2017 - Preliminary data for January shows European total stocks rose by 21.5 mb to stand at 1,150 mb, which is 17.9 mb, or 1.5%, lower than the same time a year ago, but remained 52.6 mb, or 4.8%, higher tha...
Maersk Welcomes Agreement Encouraging a Full Redevelopment of Tyra Field
Denmark >> 3/22/2017 - Maersk Oil has, on behalf of the Danish Underground Consortium (DUC), reached an agreement with the Government of Denmark which will facilitate future oil and gas investments in the Danish North Sea a...
Jacobs to Lead Concept Design for New Agribusiness Innovation Hub in Australia
Australia >> 3/22/2017 - Jacobs Engineering Group Inc. (JEC) has been appointed by Fucheng Investment Australia (FIA) to lead the conceptualization, planning and design of a regional center of agribusiness innovation in Austr...
Talks with the New Head of the EU Delegation to Egypt
Talks with the New Head of the EU Delegation to Egypt Egypt >> 3/17/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Ambassador Ivan Surkos, the new Head of the EU Delegation to Egypt, where they reviewed mutual cooperation in the energy domai...
SMA Solar Technology Renews Investment in U.S
United States >> 3/17/2017 - In an exciting step forward, SMA Solar Technology announced that it will renew its investment in the U.S. with the addition of two new executives, and plans to add many new employees with a major hiri...
Tullow Hits Shareholders with Surprise Cash Call to Cut Debt
Uganda >> 3/17/2017 - Africa-focused Tullow Oil took investors by surprise with plans for a $750 million (605.33 million pounds) rights issue to help it pay down heavy debts amassed during the oil price downturn. Tullow sh...
Saudis Study $65 Billion in China Investments During King's Trip
China >> 3/16/2017 - Saudi Arabian Oil Co. may deepen investment in China’s oil industry as part of $65 billion worth of potential deals signed between the two countries in everything from energy to manufacturing and a th...
Stock Movements - March 2017
Austria >> 3/14/2017 - OECD commercial oil stocks rose in January to stand at 3,006 mb, 278 mb above the latest five-year average. Crude and products indicate a surplus of 209 mb and 69 mb above the seasonal norm, respect...

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