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Chile's Enap Plans to Invest $800 m per Year to 2020
Chile >> 9/4/2014 - The Board of the National Oil Company approved 2014-2025 Strategic Plan presented by Management company headed by Marcelo Tokman , General Manager of ENAP. It is a plan that defines a strategy of aggr...
$425m from IDB to Develop Oil Refinery in Assiut
Egypt >> 9/4/2014 - The Islamic Development Bank agreed to provide US$424.8 million to finance two projects in Egypt in the oil and aviation sectors. ...
Tullow Invests $6 Million in Global Scholarship Programme
United Kingdom >> 9/2/2014 - The Tullow Group Scholarship Scheme (TGSS), now in its fourth year, is sponsoring over 110 scholars in Oil & Gas related postgraduate degrees. Scholars will begin their studies this September at leadi...
Singapore and ARA Stock Movements - August 14
Singapore >> 8/31/2014 - At the end of June, product stocks in Singapore fell by 0.4 mb, reversing the build of last two months to stand at 46.4 mb. At this level, product stocks in Singapore represented a surplus of 8.4 mb, ...
Algeria Plans Investment to Reduce Reliance on Oil
Algeria >> 8/30/2014 - The Algerian government plans to spend $262 billion over the next five years in a bid to revive the countrys flailing economy and move away from its traditional focus of oil and gas. ...
Algeria to Launch $262b Five-year Investment Plan
Algeria >> 8/27/2014 - Algeria will launch a new five-year investment plan worth $262 billion to boost domestic production and move its economy away from reliance on oil and gas, the government said. ...
UAE Provide Egypt Loan to Purchase Petroleum Products
Egypt >> 8/27/2014 - Tareq al-Mulla, executive chief of the Egyptian General Petroleum Corporation (EGPC), said the United Arab Emirates agreed to provide Egypt with a loan to meet the needs of petroleum products. ...
Energean Purchases New Rig & Begins $225m Investment in Greece
Greece >> 8/27/2014 - Energean Oil & Gas, the international oil & gas exploration and production company focused on the Mediterranean and North Africa, launched a new $225 million investment programme to develop 30 million...
Ruspetro Announces Short-Term Financing
Russia >> 8/26/2014 - Ruspetro plc announce that Limolines Transport Limited has today extended a short-term unsecured loan of US$10 million to the Company at an annualised rate of 14 per cent for a term of six months (the...
Japan Stock Movements - August 14
Japan Stock Movements - August 14 Japan >> 8/24/2014 - In Japan, total commercial oil stocks rose by 3.4 mb in June for the third consecutive month to stand at 162.6 mb. Despite this build, Japanese oil inventories are 4.7 mb, or 2.8%, below a year ago an...
Finance Ministry Seeks US$10.4 Billion Loan from IMF
Egypt >> 8/17/2014 - An informed governmental source said Finance Minister Hani Qadri Demian will try to convince the Cabinet to resume negotiations with the International Monetary Fund starting next year in order to redu...
13 Foreign Firms Keen to Invest in Iran Gas
Iran >> 8/17/2014 - Thirteen foreign companies have announced their readiness to invest 15 billion dollars in Irans gas industry, a top official at the National Iranian Gas Company said. ...
China Stock Movements in August 2014
China Stock Movements in August 2014 China >> 8/16/2014 - The latest information for June showed Chinese total oil commercial inventories fell by 4.9 mb reversing the build of last month. At 402.2 mb, Chinese inventories were 23.1 mb above last year at the s...
Mexico's Round Zero and Round One Oil Projects
Mexico >> 8/14/2014 - Mexico's energy ministry announced that the country expects to attract $50.5 billion in new private and foreign investment by 2018 as part of a historic oil sector opening next year that will begin wi...
President Signs Mexican Energy Reform Legislation
Mexico >> 8/11/2014 - MX Oil plc, is pleased to note that President Enrique Pena Nieto has approved legislation required to reopen Mexico's vast energy industry to the private sector. This follows approval by both the Lowe...
Stock Movements - August 14
Austria >> 8/11/2014 - OECD commercial oil stocks fell in June by 7.7 mb to stand at 2,631 mb. At this level, they are 81 mb less than the latest five-year average. Crude inventories indicated a surplus of 1.7 mb, while p...
$1bln to Increase Capacity of Midor Refinery
Egypt >> 8/10/2014 - Engineer Sherif Ismail, Minister of Petroleum and Mineral Resources, laid the foundation stone for the Midor expansions to increase operational capacity of the plant from 100 to 160 thousand barrels p...
Badile Land Purchase and Long Lead Items
Italy >> 8/7/2014 - Sound Oil, the European / Mediterranean focused upstream oil and gas company, is pleased to update investors on its preparations for the forthcoming Badile exploration well. ...
Mexico to Accelerate Deals with Big Oil Firm
Mexico >> 8/7/2014 - After a months-long delay in passage of a landmark overhaul of Mexico's state-run energy sector, the government now plans to accelerate the timetable for inking joint ventures with private oil firms t...
CB&I Congratulates the Cameron LNG Sponsors on FID
United States >> 8/7/2014 - CB&I congratulates the Cameron liquefaction project sponsors for approving a final investment decision for the development, construction and operation of the natural gas liquefaction and export projec...

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