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News Topics: Capital Budget Annoucements

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Results20 articles shown

Shell, Petronas Carigali to Develop E6 Field Offshore Sarawak
Thursday, November 20, 2014 Shell and Petronas Carigali proceed with the development of E6 field in SK308 Production Sharing Contract, offshore Sawarak, Malaysia.

Primeline Secures Funds for China's Offshore LS36-1 Gas Field Development
Thursday, November 20, 2014 Primeline Energy secures project finance facility to fund its share of the development of LS36-1 gas field offshore Zhejiang province, China.

Ineos Plans $1 Billion Investment In UK Shale Gas
Thursday, November 20, 2014 Ineos announces plans to invest $1 billion in shale gas exploration in Britain as efforts to emulate the US shale boom ramp up.

Oman to Maintain Capex for Oil, Gas Industry in 2015
Wednesday, November 19, 2014 Oman maintains capital expenditure for the country's oil and gas expenditure in 2015 despite falling crude oil prices, local media quoted an oil and gas ministry official as saying.

Pertamina Says May Double Output from Overseas Assets by End-2014
Tuesday, November 18, 2014 Pertamina expects its overseas assets to contribute between 90,000 and 120,000 barrels of oil equivalent per day by the end of 2014, the company says, up from around 63,000 barrels per day of crude last year.



Minister: Norway Oil Investments to Fall More Than Expected in 2015
Monday, November 17, 2014 Norwegian energy minister expects his country's oil industry to cut investments more sharply than previously anticipated.

Russia's Gazprom Put 2015 Investments At $18B
Thursday, November 13, 2014 Gazprom will invest $18.1 billion next year, the bulk for development of the Yamal peninsula gas deposits and also including research for a new gas pipeline route to China, the company says.

Tullow Reviews African Assets To Cut Costs As Oil Prices Tumble
Wednesday, November 12, 2014 Tullow Oil places some of its African offshore drilling projects under review as it plans to cut exploration costs to deal with tumbling oil prices.

Thai PTTEP Aims to Boost Cash Flow to $4B at End 2014
Wednesday, November 12, 2014 PTTEP aims to boost cash flow to $4 billion at the end of 2014 from $3.68 billion in 2013.

SBM Completes Loan Deal to Fund Deep Panuke Facility
Tuesday, November 04, 2014 SBM Offshore completes a $450-million loan deal to fund the Deep Panuke Production Field Centre offshore Canada.

Exxon Sticking With Capex Budget Around $37 Billion
Friday, October 31, 2014 The recent slide in crude oil prices is not affecting ExxonMobil's plans to spend $37 billion over the next several years.

Songa Completes $1.1B Loan Deal to Finance Rigs
Friday, October 31, 2014 Songa Offshore says it has completed the signing of a $1.1 billion credit facility to finance its last two Category D drilling rigs.

FEEC Further Extends Maturity Date of Loan Facility with SCB
Friday, October 31, 2014 Far East Energy Corp., operator of Shouyang coalbed methane block in China's Shanxi province, further extends the maturity date of its existing loan facility with Standard Chartered Bank.

Sinopec Eyes Shale Boost, Debt Reduction with $17.5B Stake-Sale Cash
Friday, October 31, 2014 Asia's largest oil refiner Sinopec aims to use part of $17.5 billion in proceeds from a stake sale to boost shale gas production and lower debt.

Chariot Opts Not to Pursue License for Namibian Blocks
Thursday, October 23, 2014 Chariot Oil & Gas deems exploration in the northern blocks offshore Namibia too high risk to justify further spending on a new license.

Russia's Gazprom Increases 2014 Investments to 1 Trillion Roubles
Tuesday, October 21, 2014 Russia's Gazprom increases its investment program for this year to $25 billion.

ExxonMobil Votes With Feet To Stay In EU As Energy Laws Loom
Thursday, October 16, 2014 ExxonMobil is pouring $1 billion into an EU refinery, setting aside concerns about EU green energy rules that will cut demand for oil.

BG Group Says Received $350M from Egypt for Gas Debt
Monday, October 06, 2014 BG Group receives $350 million from the Egyptian government following a commitment by Cairo to repay outstanding debts.

Lion Energy Updates on FY 2014, Including its Upstream Assets in Indonesia
Wednesday, October 01, 2014 Lion Energy provides update on 2014 financial year, including developments at its upstream assets in Indonesia.

Stalled Kashagan Hampers Kazakhstan's Oil Output Growth
Wednesday, October 01, 2014 Kazakhstan expects its oil production to stay around 2013 levels until 2016, when it hopes to restart the giant Kashagan oilfield halted by an industrial accident, a senior Kazakh official says.