Results50 articles shown
Nigerian Union: Oil Firms Sack 3,000 Workers, Asks Government to Step In
Thursday, October 27, 2016 Oil firms operating in Nigeria sack 3,000 workers, says labour union official.
Angola's President Faces Inquiry Over Naming Daughter To Head State Oil Co.
Wednesday, October 26, 2016 Angola's Supreme Court asks the country's president to respond to an inquiry on why he appointed his daughter as head of Sonangol.
Former US Senator: Renewables Are Not Oil, Gas Enemy
Wednesday, October 26, 2016 Retired North Dakota Democrat Sen. Byron Dorgan tells Columbia Energy Exchange that US policy needs room for fossil fuels and renewable energy sources.
Bolivia, Repsol to Sign Deal to Develop Two Natural Gas Fields
Wednesday, October 26, 2016 The Bolivian government and a consortium led by Spain's Repsol are to sign a potential $1-billion deal to develop two natural gas fields.
Russia's Gazprom to Consider Annulling Nord Stream-2 Shareholder Agreement
Wednesday, October 26, 2016 The Gazprom board will convene on November 9 to consider cancelling a shareholder agreement concerning the construction of the Nord Stream-2 undersea gas pipeline to Germany.
Top Exec Behind Dakota Access Has Donated More Than $100,000 To Trump
Wednesday, October 26, 2016 The top executive at the company behind the embattled Dakota Access Pipeline has donated more than $100,000 to presidential candidate Donald Trump since June.
Petrobras Sets Up Minority Panel On Transfer of Rights Areas
Monday, October 24, 2016 Petrobras board approves the creation of an independent committee to allow the state-controlled company's minority shareholders to review planned changes to some of its biggest oil and gas leases.
Oil Industry Workers Split Between Trump And Clinton
Monday, October 24, 2016 US oil and gas industry workers have contributed only slightly more money to the campaign of Clinton than to Trump since the two clinched their parties' nominations for the White House.
BLOG: US Sits on the Sidelines for Iran's Bid for Foreign Oil Funds
Wednesday, October 19, 2016 Iran opens up bidding with new terms on oil projects, but sanctions preclude US companies from participating.
New BLM Regulations to Add Red Tape for Oil, Gas Operations
Monday, October 17, 2016 A recent update to BLM regulations could add significant cost burdens for oil and gas production on US federal and Indian lands, industry groups say.
Report: Brazil To Ease Local Content Requirements In Oil, Gas Auctions
Monday, October 17, 2016 Brazil will stop favoring companies that offer to purchase a larger amount of local goods and services when selecting winners in oil and gas rights auctions, newspaper Valor Economico reports.
Iran Aims For Oil, Gas Fields Tender In November
Monday, October 17, 2016 Iran will launch next month its first new style tender to develop oil and gas fields since the lifting of international sanctions.
Japan Protests Over Signs Of Renewed Chinese Gas Exploration
Thursday, October 13, 2016 Japan has protested to China over signs it is pressing ahead with maritime gas exploration in the East China Sea despite Tokyo's repeated requests to stop.
Australia, East Timor Seek Agreement On Maritime Boundary
Thursday, October 13, 2016 Australia and East Timor aim to "reach an agreement" over the maritime boundary in resource-rich waters between their countries.
Madagascar Delays Planned Tenders Of 40 Oil Blocks Until Next Year
Thursday, October 13, 2016 Madagascar will delay launching planned tenders on 40 offshore oil blocks until next year, the government's top official on extractive industries says.
China Sets Gas Pipeline Investment Yield At 8%
Wednesday, October 12, 2016 China's National Development & Reform Commission (NDRC) will allow for a net 8% yield on investments in natural gas pipelines.
Russia Completes Bashneft Sale To Rosneft For $5.3B
Wednesday, October 12, 2016 The Russian government completes the sale of a controlling stake in Bashneft to Rosneft for $5.3 billion.
Oil Turns From Foe to Friend as Bank of Russia Chief Sees Relief
Tuesday, October 11, 2016 Russian central bank Governor Elvira Nabiullina is growing confident that her country's biggest vulnerability can turn into an asset.
CEO: Saudi Aramco Eyes 2018 For Listing
Tuesday, October 11, 2016 Saudi Aramco is targeting 2018 for what could be the world's largest public listing as it expects oil prices and market conditions to improve in the coming years.
New China Refinery Faces Delay As Myanmar Seeks Extra Oil Tax
Monday, October 10, 2016 A newly built Chinese refinery near its border with Myanmar is facing a delayed start-up after state firm PetroChina balked at paying an extra tax for piping crude oil through the SE-Asian nation.
Pakistan PM Rushes To End Energy Shortages Ahead Of 2018 Poll
Monday, October 10, 2016 Pakistani Prime Minister Nawaz Sharif vows to end energy shortages that have blighted the country.
Russian Energy Minister Says Sees Turkish Stream Deal This Week
Monday, October 10, 2016 Russian Energy Minister Alexander Novak expects a Russian-Turkish intergovernmental agreement on the Turkish Stream gas pipeline project to be signed in Istanbul this week.
Underground Coal Gasification Blocked in Scotland
Monday, October 10, 2016 Underground Coal Gasification (UCG) technology, an unconventional method of extracting gas, has been blocked in Scotland.
Brazil's Petrobras Graft Probe to Sharpen Focus on Parties
Friday, October 07, 2016 Brazil's top court approves a request by prosecutors to split the investigation of dozens of politicians implicated in the sprawling Petrobras corruption scandal.
Pennsylvania Adopts New Fracking Regulations
Friday, October 07, 2016 New regulations governing the extraction of natural gas through fracking will go into effect on Saturday in Pennsylvania.
ConocoPhillips Sues Venezuela's PDVSA, Calls Bond Swap 'Fraudulent'
Friday, October 07, 2016 Subsidiaries of ConocoPhillips have sued Venezuelan state oil company PDVSA in a Delaware court, according to a court filing.
As Fracking Gets UK Nod, a US-Inspired Boom Is Far Away
Friday, October 07, 2016 While the go-ahead for Cuadrilla is a chink in the armor, it's nowhere close to what the country needs to replicate US success, according to analysts and academics.
Brazil Opens Oil Fields to Foreign Firms in Key Policy Shift
Thursday, October 06, 2016 Brazil's Congress votes to open up its pre-salt oil fields to foreign investors by scrapping Petrobras' obligation to be the area's sole operator.
Exxon Is Hit With Fine From Chad That's Five Times Country's GDP
Thursday, October 06, 2016 A court in Chad told ExxonMobil to pay a record fine of $74 billion, as well as $819 million in royalties it said the oil company owed to the state, according to a court document.
Russian Govt Approves Higher 2016 Deficit As Oil Unsettles Budget Plans
Thursday, October 06, 2016 The Russian government approved an amended 2016 budget that envisages a larger deficit because oil prices have been weaker than officials had hoped.
UK Government Gives Go-Ahead for Fracking in NW England
Thursday, October 06, 2016 The UK Department of Communities and Local Government rules that Cuadrilla Resources can proceed with shale gas exploration, including hydraulic fracturing, at its Preston New Road site in Lancashire.
Minister: Chinese Delegation To Visit Nigeria To Discuss Oil Investments
Wednesday, October 05, 2016 A Chinese delegation will visit Nigeria this month to discuss investment in the West African country's oil and gas industry, Nigeria's oil minister says.
India Clears ONGC's Extra 11% Stake Buy in Russia's Vankor Fields
Wednesday, October 05, 2016 India's cabinet approves ONGC Videsh's purchase of an additional interest in Russia's Vankor oilfields from Rosneft for $930 million - raising ONGC's stake in the project to 26%.
Federal Appeals Court Hears Arguments Over Dakota Access Pipeline
Wednesday, October 05, 2016 Three federal appeals judges hear arguments over whether to stop work on a crude oil pipeline in parts of North Dakota where tribes say the project will desecrate sacred land.
Trump Meets With Energy CEOs Opposed to Fracking Votes He Backs
Tuesday, October 04, 2016 Energy executives in Denver on Tuesday warn Donald Trump, who has said he supports letting local residents vote on fracking bans, that state regulations are thwarting oil and gas development.
Venezuela: Non-OPEC Participation in Ddeal Would Cut 1.2M Bpd
Tuesday, October 04, 2016 Participation by non-OPEC countries in a deal to stabilize oil prices would remove a total of 1.2 million barrels per day from an oversupplied market, Venezuela's Oil Minister Eulogio Del Pino says.
Iran Oil Exports Hit Pre-Sanctions High in Condensate Shipments
Monday, October 03, 2016 Iran's total crude oil and condensate sales likely reached around 2.8 million barrels per day in September, two sources with knowledge of the matter say.
Canada Unveils Carbon Price, Alberta Demands Pipeline in Return
Monday, October 03, 2016 Canada's federal government vows to bring in a minimum price on carbon emissions by 2018, prompting the energy-producing province of Alberta to demand approval of a key oil pipeline in return.
Chevron Supports Director Stumpf Despite Wells Fargo Morass
Monday, October 03, 2016 Chevron says it stands behind John Stumpf, a member of its board and the chief executive of bank Wells Fargo, despite growing concerns about his leadership during a customer service scandal.
Libya Oil Output Rises as Nation Exempted From OPEC Supply Cap
Monday, October 03, 2016 Libya's oil production rose to 500,000 barrels a day and will grow by the end of the month it was exempt from an OPEC accord to limit production, an official says.
Iran to Sign First of New Oil Contracts with Domestic Firm
Monday, October 03, 2016 The National Iranian Oil Company will sign the first of its new oil and gas contracts with a domestic firm on Tuesday, its managing director says.
UK Minister Says Govt Backs Fracking, Ahead of Key Permit Decision
Monday, October 03, 2016 The UK government still supports fracking in general, says Communities Minister Sajid Javid, days before his department is due to rule on whether to grant a shale gas fracking permit in northwest England.
Mexico, Cuba, US Talk Again On 'Doughnut Hole' In Gulf Waters
Friday, September 30, 2016 Officials from Mexico, the United States and Cuba met on Thursday for a second round of talks on the limits of the Western Polygon, an oil-rich area in the waters of the Gulf of Mexico, two people close to the discussion said.
Petrobangla Invites EOIs for 3 Offshore Exploration Blocks in Bay of Bengal
Friday, September 30, 2016 Petrobangla invites foreign companies to submit expressions of interest (EOI) for oil and gas exploration in three offshore blocks in the Bay of Bengal.
Mozambique Minister's Sacking Will Not Affect Gas Project Decision
Friday, September 30, 2016 The sacking of Mozambique's energy minister will not affect Italian oil firm Eni's final investment decision on an offshore gas project there.
Gulf Keystone Creditors Win Control as Court Approves Debt Deal
Thursday, September 29, 2016 Gulf Keystone Petroleum Ltd. bondholders won control of the oil producer after a London judge approved a debt-restructuring agreement.
Chesapeake Receives DoJ Subpoena on Accounting for Asset Purchase
Thursday, September 29, 2016 Chesapeake Energy Corp said it received a subpoena from the U.S. Department of Justice seeking information on the accounting methodology for the acquisition and classification of oil and gas properties.
Trudeau Sets November Deadline for Enbridge Pipeline Decision
Thursday, September 29, 2016 Canadian Prime Minister Justin Trudeau's government has given itself a two-month window to decide on Enbridge Inc.'s Northern Gateway oil pipeline after declining to appeal a legal ruling that revoked its construction permits.
Council Officials Recommend Approval for IGas Fracking Application
Thursday, September 29, 2016 Officials at Nottinghamshire County Council have recommended the approval of IGas' onshore drilling application in the North of England.
NOPSEMA Seeks More Details on BP's Great Australian Bight Environment Plan
Thursday, September 29, 2016 The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) seeks more information on BP's Great Australian Bight environmental plan.
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