Tag Archive



August 28, 2018 No Comments

The price of OPEC basket of fifteen crudes stood at $74.09 a barrel on Monday, 27 August 2018, compared with $74.02 the previous Friday, according to OPEC Secretariat calculations. Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export […]

IMF Concludes Consultation Visit to Turkmenistan

IMF Concludes Consultation Visit to Turkmenistan

March 9, 2018 No Comments

An International Monetary Fund (IMF) mission led by Mr. Martin Sommer visited Ashgabat during February 19–March 6, 2018 to assess macroeconomic and financial developments and discuss economic challenges and policy priorities with senior government officials, representatives of real and financial sectors, and the diplomatic community. At the end of the mission, Mr. Sommer issued the […]

Gazprom to reorganize operational structure for exports

Gazprom to reorganize operational structure for exports

February 14, 2018 No Comments

Gazprom made the decision to transform the operational structure of its export activities, including marketing and trading. The new business model sets up an Integrated International Marketing Division, which will be responsible for supplies, trading and marketing within the entire export portfolio of Gazprom. The Integrated Division will be developed in two stages in the […]

Seplat Announce Consolidated Half-Yearly Financial Results

Seplat Announce Consolidated Half-Yearly Financial Results

July 27, 2017 No Comments

Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), announced its consolidated half-yearly financial results for the period ended 30 June 2017 and provides an operational update.  Information contained within this release is un-audited and is subject to further review.     Half-yearly results highlights Return to Strong Production ·      Force majeure on exports from the […]

Oil Business News To 08th May 2017

Oil Business News To 08th May 2017

May 8, 2017 No Comments

The price of OPEC basket of thirteen crudes stood at $46.56 a barrel on Friday, 5 May 2017 compared with $47.44 the previous day, according to OPEC Secretariat calculations The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Rabi Light (Gabon), Iran Heavy (Islamic […]

U.S. crude oil exports up in September

November 7, 2016 No Comments

US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent’s premium to WTI widened, according to U.S. Census Bureau report. Canada took in the most exports at 243,000 bpd, followed by Singapore at 99,000 bpd. Exports to Europe were also high, with Italy receiving some 81,000 bpd and Spain 41,000 […]

Tags: , , Renewables

Gulf Keystone Announce Shaikan Payment Update

February 20, 2016 No Comments

Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq, announced that the Kurdistan Regional Government has authorised a gross payment of US$15 million (US$12 million net to Gulf Keystone) to the Company. Further to the KRG’s Ministry of Natural Resources (“MNR”) press release of 1 February 2016, this payment […]

Tags: , , , , Press Releases

EnergyBoardroom releases a new report on the Oil & Gas sector in Algeria

September 29, 2015 No Comments

The report is an authoritative and up-to-date assessment of the major sector in this strategically important oil and gas producing country. It features interviews with senior executives from the major companies in the region, updated facts and figures on the sector’s development, and features. Any companies, investors or other stakeholders interested in the future of […]

Tags: , , Press Releases

IMF Staff Concludes Visit to Egypt

September 18, 2015 No Comments

An International Monetary Fund (IMF) team led by Chris Jarvis visited Cairo during September 13–17, 2015 to review recent economic developments since the Article IV Consultation mission in November 2014 and discuss with the authorities their planned economic policies for the remainder of the fiscal year. At the end of the visit, Mr. Jarvis issued […]

Tags: , , , , , Press Releases

Pemex Sells Crude Oil to South Korea

March 10, 2015 No Comments

Mexican national oil company Petróleos Mexicanos (Pemex) announced on Monday that it has begun crude oil exports to South Korea. The company said it will ship 5 million barrels of oil to the Asian country in 1-million barrel shipments between January and April. Of this total, 80 percent will go to South Korean refinery company […]

Tags: , , News analysis
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