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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...
Chevron Sets $39.8B Capital & Exploratory Budget for 2014
Chevron Sets $39.8B Capital & Exploratory Budget for 2014 United States >> 12/11/2013 - Chevron Corporation announced a $39.8 billion capital and exploratory investment program for 2014. Included in the 2014 program are $4.8 billion of planned expenditures by affiliates, which do not req...
Stock Movements - Dec 13
Austria >> 12/10/2013 - OECD
Preliminary data for October shows that total OECD commercial oil stocks declined by 2.5 mb to stand at 2,693 mb, reversing the build of the last month. At this level, inventories w...
Mexican Senate Committees Debate Revamped Energy Reform
Mexico >> 12/8/2013 - Mexican Senate committees debated an energy bill that would open up the world's 10th-biggest oil producer to private investment by allowing new types of contracts, marking the industry's most dramatic...
Citadel Capital Bullish on Egypt's Return to Growth
Egypt >> 12/5/2013 - Citadel Capital, the leading investment company in Africa and the Middle East, with US$ 9.5 billion in investments under control, was a key participant at the Egypt GCC Investment Forum, a two-day eve...
Ivory Coast Gets $300 Mln Loan for SIR Refinery
Ivory Coast (Cote D'Ivoire) >> 12/4/2013 - IFC, a member of the World Bank Group, and Société Générale have co-arranged a $300 million facility for Cote d’Ivoire’s only oil refinery that will help guarantee a steady supply of critical energy i...
Norway Looking at Reducing Costs in Oil Sector
Norway >> 12/4/2013 - Norway's new government is looking at measures to reduce rising costs in the oil and gas sector as well as tax incentives for energy firms that boost the rate of recovery at offshore fields, the oil a...
Iran’s Oil Industry Seeking Foreign Investment
Iran >> 12/2/2013 - an Iranian deputy minister of petroleum has said that administration of Hassan Rouhani welcomes Japanese and European firms’ investment in Iran’s oil industry. ...
ENI Commits $28 bln to Boost African Output
Nigeria >> 11/28/2013 - Italy's ENI aims to drill 140 new wells over the next four years to 2016, part of an ambitious $28 billion programme the company hopes will boost production in African markets. ...
Fastnet to Raise EURO 10M for Morocco Drilling in 2014
Morocco >> 11/27/2013 - Fastnet, the listed E&P company focused on near term exploration acreage in Morocco and the Celtic Sea, is pleased to announce that Shore Capital Stockbrokers Limited ("Shore Capital") and GMP Securit...
Brazil Judge Accepts Bankruptcy Protection for OSX
Brazil >> 11/25/2013 - A judge in Rio de Janeiro accepted a bankruptcy-protection request made earlier this month by OSX Brasil SA, the shipbuilder controlled by Brazilian tycoon Eike Batista, giving OSX 180 days to prepare...
Repsol Reachs Initial Deal with Argentina on YPF
Argentina >> 11/25/2013 - Repsol and Argentina reached a preliminary deal for the Spanish oil major to get paid for the 51 percent stake in the South American's country's main energy company YPF that the Argentine government s...
Tullow Uganda Publishes its First Country Report
Uganda >> 11/25/2013 - Tullow Uganda announced the publication of its first country report, tracking progress since our entry to Uganda, almost a decade ago. In the report, Tullow Uganda gives in-depth detail about its work...
Apache Talking with Argentina about Selling Assets
Argentina >> 11/22/2013 - Apache Corp is in talks with Argentina's state-controlled energy company YPF about a possible sale of its assets in the South American country, sources told Reuters.

U.S.-based oil and gas...
Judge Denies Bankruptcy Protection for OGX
Brazil >> 11/21/2013 - A Brazilian judge denied bankruptcy protection for the foreign subsidiaries of OGX in a decision that may complicate the recovery of the oil company, which is controlled by former billionaire Eike Bat...
OGX to Appeal Judge's Bankruptcy Protection Decision
Brazil >> 11/21/2013 - Brazilian oil company OGX, controlled by former billionaire Eike Batista, plans to appeal a judge's decision to deny bankruptcy protection to its foreign subsidiaries, the company's lawyer. ...
Serinus Secures $60 Million EBRD Financing for Tunisia
Tunisia >> 11/21/2013 - Serinus Energy Inc. (Serinus Energy, “SEN”), an international upstream oil and gas exploration and production company, is pleased to announce that it has signed two loan agreements in the aggregate am...
Japan Stock Movements
Japan Stock Movements Japan >> 11/18/2013 - In September, total commercial oil stocks in Japan rose by 3.7 mb, reversing the drop of last three months, to stand at at 164.4 mb. As this level, Japanese oil inventories are 17.0 mb or 9.4% below...
Revenues from Buy-Backs Lower Than Iran Potentials
Iran >> 11/17/2013 - The director for legal affairs of National Iranian Oil Company (NIOC) says buy-back contracts have attracted only 50 billion dollars in investment for Iran’s petroleum industry over 15 years. ...
US Stock Movements
US Stock Movements United States >> 11/17/2013 - Preliminary data for October shows that US total commercial oil stocks fell by 8.9 mb, reversing the build of the last two months, to stand at 1,116.9 mb. Despite this drop, inventories stood at 2.1...

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