Petrogress, Inc. PGAS Archives

WednesdayApr 18, 2018 2:38 pm

QualityStocksNewsBreaks – Petrogress, Inc. (PGAS) Subsidiary Forms Strategic Partnership to Expand Footprint in West Africa

Petrogress, Inc. (OTC: PGAS) subsidiary Petrogress Co., Ltd. (“PGL”) has entered into a partnership agreement with Platon Gas Oil Ghana aimed at combining efforts in the processing of crude oil into refined petroleum products for marketing and distribution in Ghana and neighboring countries. Regarding the partnership, Petrogress CEO Christos P. Traios stated, “We are excited about our partnership with Platon and believe it is an excellent opportunity for Petrogress to not only expand its West Africa supply operations but also to join with a strong, experienced refinery partner. The needs and demand for refined petroleum products in Ghana and neighboring…

MondayApr 09, 2018 10:03 am

QualityStocksNewsBreaks – Petrogress, Inc. (PGAS) Positioned to Capitalize on Promising Economy Boom in West Africa

Petrogress (OTC: PGAS), a diversified marine transport and offshore services company, is working toward expanding its operations in West Africa to capitalize on the region’s mounting potential. An article discussing the company reads: “Petrogress and its subsidiaries have already been operating within the energy sector in Ghana, and the company wants to expand operations in West Africa. It is authorized to conduct local sales of oil products and shipping business from the Port of Terma in Ghana. The goal of parent company Petrogress, which holds several subsidiaries, is to be a fully vertically integrated oil and natural gas energy company.”…

FridayApr 06, 2018 11:40 am

QualityStocksNewsBreaks – Petrogress, Inc. (PGAS) Expands Operations at Promising Time

Diversified marine transport and offshore services company Petrogress (OTC: PGAS) is aggressively expanding to exploit the growing opportunities in the global oil and gas industry. An article discussing the company’s planned expansion reads: “Petrogress is rapidly expanding operations in one of the last remaining regions on the planet with proven reserves in which oil and gas exploration hasn’t kept pace with the rest of the world. When considered alongside the previously noted $20 trillion suggested investment in the global oil industry, Petrogress’ expanded operations could position the company for an incredibly bright future.” To view the full article, visit http://ibn.fm/1TRnw…

MondayFeb 26, 2018 1:30 pm

Petrogress, Inc. (PGAS) Continues Global Expansion in Nigeria

Petrogress announced further expansion of global footprint in deal with A&E Petroleum Positions company as prime player in world’s sixth-largest oil market Further worldwide expansion expected Establishing itself as an integral player in the worldwide distribution of oil products, diversified marine transport and offshore services company Petrogress, Inc. (OTC: PGAS) has just taken another significant step in its aggressive global expansion. In a press release dated February 13, 2018 (http://ibn.fm/pleey), Petrogress announced the further expansion of its global footprint by striking deals with Nigeria-based A&E Petroleum Co. Limited. The partnership with A&E Petroleum expands the company’s operations into Nigeria, generating…

WednesdayFeb 21, 2018 5:22 pm

Petrogress, Inc. (PGAS) Delivering Shareholder Value by Negotiating Partnerships and Maximizing ROI

Negotiated partnerships provide PGAS, through its subsidiaries, with growth in the energy field and expansion into Nigeria and Cypress, Greece Physical trading in oil commodities and logistics is the company’s core business; it makes strategic investments, then operates subsidiaries separately as standalone businesses, leveraging transactions with other company sectors and third parties Company also owns and operates a fleet of tankers through a series of Marshall Islands-based subsidiaries that provide sea transportation for oil and liquefied natural gas Petrogress, Inc. (OTC: PGAS) is growing and maximizing shareholder value by negotiating partnerships, such as those in Nigeria and Cypress (Greece), while…

WednesdayFeb 14, 2018 3:42 pm

Petrogress, Inc.’s (PGAS) Texas Operations Get Underway as U.S. Eyes Number Three Spot in Global LNG Exports

U.S. heading for number three spot in global LNG exports PGAS to leverage shipping expertise to enter U.S. LNG export market PGAS operates crude oil tanker fleet in Mediterranean and West Africa Now that the U.S. has copped the number one spot in global natural gas production, the country is moving quickly to join the frontrunners in global LNG exports. A feature in the Houston Chronicle (http://ibn.fm/fRFNn), citing U.S. Department of Energy data, ‘projects that LNG production capacity will quadruple by the end of 2019, making the (U.S.) the largest source of LNG after Qatar and Australia.’ Much of the…

TuesdayFeb 13, 2018 1:02 pm

QualityStocksNewsBreaks – Petrogress, Inc. (PGAS) Subsidiary Expands Presence in Nigeria through Partnership Agreement

Diversified marine transport and offshore services company Petrogress, Inc. (OTC: PGAS), through subsidiary Petrogress Int’l, LLC (“PIL”), this morning announced its entry into a memorandum of understanding and a partnership agreement with Nigeria-based A&E Petroleum Co. Limited to jointly form and co-operate a corporation to be named P&A Nigeria Oil Co. Ltd. (“PANOC”). PANOC is expected to engage in operation of storage tank facilities and the supply, sea transportation, distribution and sale of gas oil and other petroleum products, effectively capitalizing on oil and gas business opportunities in Nigeria. “Our partnership with A&E Petroleum is an excellent opportunity for Petrogress…

FridayFeb 02, 2018 12:24 pm

QualityStocksNewsBreaks – Petrogress, Inc. (PGAS) Continues to Advance in the Oil and Gas Industry

Marine transport and offshore services company Petrogress (OTC: PGAS) has employed a winning vertical integration strategy in the oil and gas industry, and aims to engage in leasing liquefied natural gas (“LNG”) tankers in the future. An article discussing the company reads: “At some point, Petrogress plans to begin leasing LNG tankers to enter this lucrative market. It has incorporated a subsidiary in Delaware – Navigas Carriers Inc. – specifically to manage its natural gas activities. A sister subsidiary – Petrogress Oil & Gas Energy Inc. – has been incorporated in Texas to handle trading and logistics. The company is…

TuesdayJan 30, 2018 4:50 pm

Petrogress, Inc. (PGAS) Continues Sailing on the Sea of Oil to Success

Vertical integration strategy paying off Successful oil trader Expertise in shipping petroleum products Oil continues to be the world’s leading fuel, according to experts, accounting for about one-third of global energy consumption (http://ibn.fm/kzaJw). Fifteen years of decline – from 1994 to 2014 – have not been enough to knock petroleum off that perch, and, in 2015 and 2016, its global market share actually rose. Despite the environmental concerns that surround its use, oil is going to be around for a while. The management team of Petrogress, Inc. (OTC: PGAS) knows that. The company has been operating in the oil and…

FridayJan 19, 2018 4:22 pm

QualityStocksNewsBreaks – Petrogress, Inc. (PGAS) Effective Leadership Maintains Viability through Industry Highs and Lows

Marine transport and offshore services company Petrogress (OTC: PGAS) has shaped a diversified revenue stream, giving it a substantial lead over comparable companies working in the oil and gas shipping market. An article discussing the company’s winning strategy reads: “News that the oil and gas industry may be entering an extended recovery period following years characterized by decreased prices, a lack of investor confidence and a number of bankruptcies is only adding to the optimism of survivors like Petrogress, Inc. (OTC: PGAS), which capitalized on sound management practices to report a significant rise in profitability during last year’s third quarter…

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