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Shell Launches Phase II of Parque Das Conchas
Brazil >> 10/22/2010 - Shell announces investment to support phase II of the prolific Parque das Conchas (BC-10) project more than 100 kilometres (62 miles) off the coast of Brazil. This significant investment develops the ...
Abu Dhabi & Siemens Intensify Alliance with Masdar
United Arab Emirates >> 10/19/2010 - Siemens to establish Middle East Headquarters in Masdar City and to collaborate on research and development of future energy technologies ...
Nord Stream Request for Phase II Financing to Banks
Russia >> 10/19/2010 - Nord Stream AG can confirm that Request for Proposals (RFP) for the raising of senior debt for financing Phase II development have now been issued to the commercial bank market. ...
Acceleration of Kurdistan Drilling Activity
Iraq >> 10/18/2010 - Gulf Keystone Petroleum Ltd. the Kurdistan focused independent oil and gas exploration company, is pleased to announce it has successfully raised through Mirabaud Securities LLP gross proceeds of £109...
Investment Decision Preparation on Shtokman Phase 1
Russia >> 10/12/2010 - The Company’s headquarters hosted a working meeting moderated by Alexey Miller and devoted to development of the Shtokman gas and condensate field. ...
34 Blocks on Offer Under NELP_IX
India >> 10/8/2010 - Shri Murli Deora, Minister of Petroleum and Natural Gas has informed that under the ninth round of NELP, Government of India will be offering 34 blocks from 10 sedimentary basins. Speaking at the Curt...
ERHC to Raise Capital in Registered Direct Offering
Guinea >> 10/7/2010 - ERHC Energy, a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, has announced that it has entered into a definitive agree...
Ghana Signs $13 Billion Loan Deals
Ghana >> 9/23/2010 - Ghana signed nearly $13 billion worth of loan deals with Chinese investors, the government said on Wednesday, announcing one of China's largest financial commitments in Africa to date. The accords, si...
EBRD, EIB and IFC Start Appraisal of Nabucco
Turkey >> 9/6/2010 - A mandate letter has been signed by the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), IFC - a member of the World Bank Group -, the shareholders of Nabuc...
BP Reports Nearly $400 Million in Claims Payments
United States >> 8/23/2010 - BP, which has transitioned its individual and business claims program to the Gulf Coast Claims Facility (GCCF), said today it made claim payments of nearly $400 million during the 16 weeks it managed ...
KazMunaiGas Exploration Production 1H 2010 Results
Kazakhstan >> 8/23/2010 - KazMunaiGas Exploration Production ("KMG EP" or "the Company") released its condensed consolidated interim financial statements for the six months ended June 30, 2010. ...
BP Provides $52m to Fund Behavioral Health Support
United States >> 8/16/2010 - BP announced that it is providing $52 million to federal and state health organizations to fund behavioral health support and outreach programs across the US Gulf Coast region. ...
BP Forms Gulf of Mexico Oil Spill Escrow Trust
United States >> 8/9/2010 - BP announced that it has established a trust and made a $3 billion initial deposit of the previously-announced $20 billion escrow account to pay legitimate claims arising from the Deepwater Horizon in...
Mitsui to Book Losses From BP Oil Leak
United States >> 8/2/2010 - Mitsui & Co is expected to incur a one-time charge of several billion yen for the April-June quarter related to losses stemming from BP Plc's oil spill in the Gulf of Mexico, the Nikkei business daily...
PetroChina to Invest 30% in Indonesia in 2010
Indonesia >> 5/3/2010 - Chinese oil and gas firm PetroChina is increasing investment in oil and gas exploration and development in Indonesia through its local subsidiary by 30 percent this year to boost oil lifting and count...
RWE to Spend Up to $80 m on Turkmen Exploration
Turkmenistan >> 4/21/2010 - Germany's RWE will spend $60-80 million in the next four years on the exploration of a Turkmen offshore gas block, the head of RWE's Turkmen branch said. ...
Sakhalin Hopes S.Korea to Invest $2.1 bn in Deals
Russia >> 4/14/2010 - Russia's Sakhalin government said the energy and resource rich state hopes to attract $2.1 billion of investments from South Korean firms for its $4.8 billion of 15 energy, natural resource and constr...
Tullow Uganda Expects to Invest $150-$200 m in 2010
Uganda >> 3/25/2010 - London-based explorer Tullow Oil Plc plans to drill at least 10 wells in Uganda this year and invest around $150-$200 million in exploration and production as interest in the country's oil sector heat...
Eni May Help Finance Kazakh Energy Projects
Kazakhstan >> 3/25/2010 - Eni SpA may arrange financing for six energy projects in Kazakhstan in exchange for development rights to Caspian oil fields, said Galimzhan Amanturlin, a managing director at KazMunaiGaz National Co....
AfDB Approves $225 m Loan for ERC
Egypt >> 3/19/2010 - The African Development Bank (AfDB) Group has approved a USD 200-million senior loan and a US$ 25-million Subordinated Convertible Loan to the Egyptian Refining Company (ERC). ...

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