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Sandridge Sell its Gulf of Mexico Business
Mexico >> 1/7/2014 - Prompted by ongoing drilling success in its onshore operations and a more focused Mid-Continent strategy,SandRidge Energy, Inc. ("SandRidge") announced the sale of its Gulf of Mexico business, which c...
Thai PTTEP Lifts 2014 Investment Plan 60% on Mozambique Project
Mozambique >> 1/7/2014 - Thailand's PTT Exploration and Production Pcl (PTTEP) plans to invest $5.5 billion this year, up nearly 60 percent from a previous estimate, with much of the hike due to an investment in a LNG field i...
Eco-Stim Completes Lease Financing in Argentina
Argentina >> 1/6/2014 - Eco-Stim Energy Solutions, Inc. has completed the lease financing for the package of oilfield completion equipment that will be exported to Argentina. This equipment consists primarily of a coiled tub...
ONGC Videsh Mulls Oil for Debt Deal to Fund Mozambique Buy
Mozambique >> 1/3/2014 - India's ONGC Videsh, the overseas investment arm of explorer Oil and Natural Gas Corp , is considering an oil-for-debt deal to help fund the acquisition of a Mozambique gas field, its head of finance ...
Batista's OSX Reaches $1.5b Deal on OGX Contracts
Brazil >> 12/26/2013 - Brazilian tycoon Eike Batista's troubled shipbuilder OSX Brasil SA and oil company Oleo e Gas Participacoes SA have taken another step toward emerging from Latin America's largest-ever bankruptcy with...
US Stock Movement in December 2013
US 	Stock Movement in December 2013 United States >> 12/24/2013 - Preliminary data for November shows that US total commercial oil stocks fell by 26.4 mb for the second consecutive month to stand at 1,090.5 mb. Despite this drop, inventories stood at 9.2 mb or 0.9...
Eagle Rock in Midstream Sale
United States >> 12/23/2013 - Eagle Rock Energy Partners, L.P. announced that it has entered into a definitive agreement to contribute its midstream business to Regency Energy Partners LP (Regency) for total consideration of up to...
A $583 Million for Drilling 110 Wells in Western Desert
Egypt >> 12/22/2013 - Eng Sharif Ismail, Minister of Petroleum and Mineral Resources, said that the Western Desert region has become one of the most important areas of oil production in Egypt, which has a growing interest ...
Norway Waiting for Iran Sanctions Relief
Norway Waiting for Iran Sanctions Relief Iran >> 12/22/2013 - Norway has amassed big wealth mainly due to its huge oil and gas discoveries since the late 1960s. However, Norway does not owe its technology and wealth exclusively to its rich hydrocarbon reserves. ...
Final Investment Decision Approved for $26.9b Yamal LNG
Final Investment Decision Approved for $26.9b Yamal LNG Russia >> 12/18/2013 - The Board of Directors of Yamal LNG approved a final investment decision (FID) for the Yamal LNG project, consisting of the development of the South-Tambeyskoye gas condensate field and the constructi...
Rockhopper Announces Resolution of Capital Gains Tax Liability
Falkland Islands >> 12/18/2013 - Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, has reached an agreement in principle with the Falkland Islands Government ("FIG") regarding the timing and quantu...
Surging Saudi Fuel Use a Bigger Threat Than US Shale Oil
Saudi Arabia >> 12/17/2013 - Rising Saudi energy demand is a bigger threat to the world's biggest oil exporter than surging U.S. shale output, Saudi Jadwa Investment bank says in a study published. ...
Statoil Makes Final Investment Decision on Shah Deniz Stage 2
Statoil Makes Final Investment Decision on Shah Deniz Stage 2 Azerbaijan >> 12/17/2013 - Statoil ASA has together with partners in the Shah Deniz consortium in Azerbaijan made a final investment decision for the stage 2 development of the Shah Deniz gas field in the Caspian Sea offshore A...
AWE Rejects Non-Binding Conditional Senex Scrip Proposal
Australia >> 12/16/2013 - AWE Limited (the “Company”) advises that the Board of AWE has considered and rejected a non-binding and conditional scrip based takeover proposal from Senex Energy Limited ("Senex"). The Board deter...
Dow Chemical Holds Back on Investment in Europe
United States >> 12/16/2013 - Europe’s “backfiring” climate and energy policies are adding to high natural gas costs and holding back Dow Chemical Co.’s investment in the region, said the company’s director of global climate chang...
US Group to Increase Investments in Egypt
Egypt >> 12/16/2013 - Investment Minister Osama Saleh received delegation of the US Improved Petroleum Recovery (IPR) group to discuss desire to increase investments in Egyptian market by around US$300 million in 2014 thro...
Colombia's Ecopetrol Raises 2014 Budget 11% to $10.6 billion
Colombia >> 12/13/2013 - Colombia's state-run oil company Ecopetrol, which produces most of the country's one million barrels per day output, said it would invest $10.6 billion in 2014, two thirds of which will be spent on ex...
Exxon Upbeat on Mexico Oil Reform, BHP Sees Potential
Mexico >> 12/12/2013 - Opening Mexico's oil sector to foreign investors would be a "win-win" for all involved, an Exxon Mobil Corp executive said. ...
Mexico's Landmark Energy Bill Nears Final Approval
Mexico >> 12/12/2013 - Mexico's Congress was poised to complete approval of the biggest overhaul of its oil industry since nationalization 75 years ago, opening the door to investment by oil majors in a bid to reverse falli...
Mexican Senate Gives General Approval to Historic Energy Bill
Mexico >> 12/11/2013 - Mexico's Senate has given general approval to a landmark energy reform that seeks to attract private capital to the state-run oil and gas industry in the biggest overhaul of the sector since it was na...

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