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Brazilian Court Blocks OSX from Joint Bankruptcy Filing
Brazil >> 2/20/2014 - A Brazilian court has barred shipbuilder and ship-leaser OSX Brasil SA from joining its bankruptcy protection petition to that of Oleo e Gas Participacoes SA, the oil company controlled by former bill...
Argentina, Repsol to Sign $5 bln Settlement Deal
Argentina >> 2/20/2014 - Argentina and Repsol will sign a definitive $5 billion settlement over the 2012 nationalisation of the Spanish oil firm's majority stake in Argentine energy group YPF within days, a source involved in...
OSX in Talks with Cerberus, Others over DIP Financing
Brazil >> 2/17/2014 - OSX Brasil SA, the bankrupt shipbuilding company controlled by former billionaire Eike Batista, is in talks with Cerberus Capital Management LP and a number of unnamed investors for a potential debtor...
Bilateral US-Arab Chamber, Libya’s Petroleum Law Committee Talks at “The Libya Dialogue”
Libya >> 2/15/2014 - His Excellency Oil Minister Dr. Abdulbari Arousi and the Libyan Petroleum Law Review Committee seek industry input on development of a New Petroleum Law with intent to attract renewed business investm...
Bolivia Charged $ 16.6m of Gas Exports to Brazil
Bolivia >> 2/14/2014 - Bolivia sent to Brazil 2.24 million additional to Brazil cubic meters per day (MCF), which allow the country to receive new resources and reach a record in export markets Brazil and Argentina. The Dep...
Petronas Reaches FID on Second Floating LNG Project
Malaysia >> 2/13/2014 - PETRONAS has reached the Final Investment Decision (FID) for its second floating liquefied natural gas facility (PFLNG 2) project, located off the coast of Sabah in Malaysia. The FID was approved by t...
Obama Administration to Offer 40m Acres in GOM
United States >> 2/13/2014 - As part of the Obama Administration’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Sally Jewell and Bureau of Ocean...
Stock Movements - Feb 14
Austria >> 2/12/2014 - OECD commercial stocks fell in December due to increasing refinery runs, improving demand during the winter season and year-end taxes, to stand at 69 mb below the five-year average. However, the pic...
SOCAR’s Budget Payment for January 2014
Azerbaijan >> 2/10/2014 - SOCAR paid AZN 173 million 578 thousand to the State Budget for January of the current year, that is AZN 39 million 347 thousand (129,3 %) more than the payments for the same period of 2013.Besides, t...
Lukoil in Investment Talks with Iran
Iran >> 2/9/2014 - Russian Ambassador to Tehran Levan Dzhagaryan says the country’s oil giant, Lukoil, has started negotiations with National Iranian Oil Company (NIOC) to explore and develop oil and gas fields in the C...
OGX Gets DIP Loan in Key Restructuring Step
Brazil >> 2/8/2014 - Creditors led by Pacific Investment Management Co and other bond investors agreed late on Friday to provide $215 million of financing to Oleo e Gas Participacoes SA, the oil producer of Brazilian tyco...
Iran Invites French Companies for Investment
Iran >> 2/6/2014 - An Iranian deputy petroleum minister has invited French energy companies to invest in Iran’s hydrocarbon fields. Ali Majedi, Iran’s Deputy Petroleum Minister for International Affairs and Trading, ma...
Tanzania Debut Eurobond Could Be up to $1 Bln
Tanzania >> 2/5/2014 - Tanzania's debut Eurobond could be up to $1 billion and is likely to be issued in the second half of 2014, Tanzania's Central Bank Governor Benno Ndulu said. Tanzanian officials want to build new road...
Oil Giants Ready to Return to Iran for Investment
Iran >> 2/4/2014 - A top aide to Iran Oil Minister Bijan Namdar Zanganeh says world oil giants plan to return to Iran in the light of ease in sanctions against the Iranian energy sector. ...
Cheniere & EIG Finalize $1.5b Investment for Corpus Christi Project
United States >> 2/3/2014 - Cheniere Energy, Inc has entered into a note purchase agreement with EIG Management Company, LLC finalizing the definitive documentation for the previously announced financing under which investment f...
Kosmos Announces 140% Reserve Replacement Ratio & 2014 Capital Program
Ghana >> 2/3/2014 - Kosmos Energy Ltd. (Kosmos) announced an oil and gas reserve replacement ratio of 140% supported by increased oil reserves in the Jubilee field. Additionally, the company reported a 2014 capital spend...
MHE Invest $ 200m in Oil Exploration
Bolivia >> 1/31/2014 - Minister of Hydrocarbons and Energy, said "last year was passed in the Legislative Assembly seven contracts for exploration and exploitation of hydrocarbons. In its first phase these contracts will ha...
Nigeria Mobilises $700 Million for Trans-Sahara Gas Project
Algeria >> 1/30/2014 - President Goodluck Jonathan in Addis Ababa announced that Nigeria has mobilised 700 million dollars to support the completion of Nigeria-Algeria gas pipeline project. ...
Madalena Comments on Recent Developments of Argentina Peso
Madalena Comments on Recent Developments of Argentina Peso Argentina >> 1/27/2014 - Madalena Energy Inc. does not anticipate the Argentina government’s recently announced easing on currency restrictions to have any significant impact on Madalena’s operations and overall business plan...
Batista's Brazil Oil Firm in Fresh Funding Talks
Brazil >> 1/24/2014 - Bankrupt oil producer Oleo e Gas Participacoes SA has delayed detailing its restructuring plan to creditors until Jan. 31 as it tries to secure new funding, the company said in a statement. ...

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