News / International
Dana Gas Bond Yield Jumps Most in Two Weeks Ahead of Meeting
The yield on Dana Gas (DANA) PJSC's Islamic bonds maturing in October climbed the most in two weeks ahead of a planned company board meeting tomorrow. Cyprus Gas Find Worth Tens of Billions
Cyprus has approximately $129 billion (EUR 100 billion) worth of natural gas that will satisfy its electricity production needs for 210 years, said Commerce Minister Praxoulla Antoniadou. Eni eyes full Libyan output by June
The chief executive of Italian giant Eni said the company expected to return to full capacity in Libya by June of next year. Tethys Oil: new wells and new oil discovery on Block 3 onshore Sultanate Of Oman
The drilling program onshore Block 3 in the Sultanate of Oman continues. On the Farha trend, the FS-17 well encountered yet another oil bearing fault block. Four additional production wells have also been drilled on the Farha South oil field. Outside the Farha trend on Block 3, the exploration well Maha-1 has spudded. Eni CEO sees $50 billion Mozambique gas investment
Italian oil and gas company Eni will invest $50 billion developing its huge Mozambique natural gas discovery with a view to exporting the gas to Asian markets, its Chief Executive Paolo Scaroni said in an interview Friday after a visit to East Africa. El Paso Kicks Off Sale of Exploration and Production Assets
El Paso Corp. has begun sending out financial information to potential buyers of its oil-and-gas exploration and production business, which could fetch as much as $10 billion, according to people familiar with the matter. Huge gas find by Eni off Mozambique
Eni has announced a ''giant natural gas discovery'' offshore Mozambique at the Mamba South 1 prospect in Offshore Area 4. The discovery well found 212 m (695 ft) of continuous gas play in Oligocene sands. Apache Reports Record Quarterly Production of 752,000 Boe/d
Apache Corporation reported production of 752,000 barrels of oil equivalent (boe) per day and earnings of $983 million, or $2.50 per diluted share, for the three-month period ending Sept. 30, 2011. These compare with production of 667,000 boe per day and net income of $765 million, or $2.12 per diluted share, for the same period in the prior year. 
