News Topics: Political & Social Unrest
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Enterprise Products Wins Verdict against Energy Transfer Partners
Friday, April 24, 2015 A Houston district court jury finds Energy Transfer Partners breached its contract with competitor Enterprise Products Partners LP.
Chesapeake Reaches $25M Michigan Settlement Over Leasing Charges
Friday, April 24, 2015 Chesapeake will create a $25 million compensation fund as part of a settlement of antitrust, fraud and racketeering charges brought by the state of Michigan.
CEO: Shell's Brazil Strategy Factors In Petrobras Scandal
Thursday, April 23, 2015 Shell has taken into account the risks presented by the Petrobras graft scandal to its expanding operations in Brazil and is confident the Brazilian state-run oil company will emerge stronger.
China Defends Vessels' Actions Against Philippines in South China Sea
Wednesday, April 22, 2015 China defends the actions of its vessels in the disputed South China Sea after the Philippines accused China's coast guard of using water cannon on Philippine fishing boats and urged Manila to increase its "education" of its fishermen.
Venezuela Wants Oil Firm Harvest Out, If It Can Find Deep-Pocketed Buyer
Monday, April 20, 2015 Venezuela would prefer Harvest Natural Resources to leave the country, but wants it to sell a project stake to a company with financial muscle to make major investments, PDVSA says.
Saudi Arabia on Alert Over Possible Oil or Mall Attack
Monday, April 20, 2015 Saudi Arabia has put security forces on alert for a possible militant attack on a shopping mall or energy installation, Interior Ministry spokesman Mansour Turki says.
Seadrill Unit's Deal with Russia's Rosneft Postponed Again
Friday, April 17, 2015 Seadrill subsidiary North Atlantic Drilling delays closing a cooperation deal with Rosneft amid western sanctions against Russia.
Military Withdraws from Yemen Oilfields, Hands Security to Tribes
Friday, April 17, 2015 Yemen's military hands over security responsibilities for the Masila oilfields to local armed tribes.
Watchdog: Nearly Half Colombia Oil Companies At Risk Of Insolvency
Thursday, April 16, 2015 Forty-three percent of companies in Colombia's oil sector are at high risk of going bankrupt as the industry reels from the recent halving of oil prices, according to a recent survey.
Yemen LNG Declares Force Majeure, Halts Production Over Worsening Security
Tuesday, April 14, 2015 Yemen's liquefied natural gas (LNG) plant declares force majeure due worsening security and has halted all production at the plant.
Brazil's Rousseff Says Petrobras Has Cleaned Up Corruption
Thursday, April 09, 2015 Petrobras has purged corrupt managers and put a graft scandal behind it, while hitting record output levels from off-shore deposits, Brazil's President Dilma Rousseff says.
Canadian Oil Company to Liquidate Due to Crisis in Yemen
Thursday, April 09, 2015 Canada's oil and gas producer Calvalley Petroleum says it will liquidate due to the political crisis in Yemen where most of its operations are located.
Brazil's Engevix Takes Step Towards Petrobras Leniency Deal
Friday, April 03, 2015 Engevix Engenharia says it has made progress towards signing a leniency deal with the country's comptroller general.
Brazil Comptroller Probes Five More Contractors In Petrobras Scandal
Wednesday, April 01, 2015 Brazil's office of the comptroller general says it added another 5 construction and engineering firms to an investigation of contractors that allegedly participated in a corruption ring at Petrobras.
BP Faces Investor Discontent Over CEO Dudley's 2014 Pay
Wednesday, April 01, 2015 Two leading consultants have urged BP shareholders to vote against CEO Dudley's $12.7 million 2014 pay, saying it was not in line with the energy major's poor performance.
Total Evacuated Expatriate Staff from Yemen Sites
Monday, March 30, 2015 Total says it had evacuated all expatriate staff from Saana and Kharir in Yemen, although the sites have not been hit by an overnight military raid by Saudi-led forces against Houthi forces.
Norway's Industrial Workers Reach Last Minute Wage Deal
Thursday, March 26, 2015 Norwegian manufacturing workers reached a last minute wage deal with employers on Thursday, averting mediation and a possible strike, the LO and NHO say.
Hess, Petroceltic Pull Out of Kurdistan License
Wednesday, March 25, 2015 Petroceltic and its partner Hess have chosen to pull out of the Dinarta license in Iraqi Kurdistan after drilling difficulties.
Schlumberger Pleads Guilty To Violating US Sanctions On Iran, Sudan
Wednesday, March 25, 2015 The US Justice Department says that a subsidiary of Schlumberger Oilfield Holdings pleaded guilty to violating US sanctions related to Iran and Sudan and would pay a $237.2 million fine.
Libya's State Oil Firm NOC Operating Independently, Says Rival Government
Tuesday, March 24, 2015 Libya's state oil firm NOC based in the Tripoli is operating independently, says a minister of a rival government of the North African that controls the capital city.
Russian Energy Minister to Discuss Cooperation with Exxon CEO
Wednesday, March 18, 2015 Russia's Energy Minister plans to discuss energy cooperation with Exxon's CEO later on Wednesday.
Russian Energy Minister Novak to Meet Exxon CEO on Wednesday
Tuesday, March 17, 2015 Russian Energy Minister Alexander Novak plans to meet Exxon CEO Rex Tillerson Wednesday.
Libya's Recognized Government: Oil Sales Must Go Through NOC In East
Tuesday, March 17, 2015 Libya's internationally recognized government says that any sales of the country's oil should be arranged through a state firm based in Benghazi under its leadership to prevent fraud.
Brazil Ruling Party's Treasurer Charged in Petrobras Scandal
Monday, March 16, 2015 Brazilian prosecutors formally charge the treasurer of the ruling Workers' Party and 26 others with corruption linked to state-run Petrobras, in the latest blow to President Dilma Rousseff from the widening scandal.
U.S. Warns of Possible Attacks on Western Oil Workers in Saudi Arabia
Saturday, March 14, 2015 Western oil workers in Saudi Arabia may be the target of militant attacks, the U.S. embassy warns.
Union: Colombia Oil Worker Strike Could Begin On March 19
Friday, March 13, 2015 Colombia's main oil workers' union could start a threatened indefinite strike March 19, after previously saying the nationwide stoppage could begin any time after March 26.
Russian Oligarch Steps Up Efforts To Salvage North Sea Deal
Wednesday, March 11, 2015 Russian billionaire Mikhail Fridman's LetterOne fund says it submitted detailed information to the British government as it tries to salvage a deal to buy North Sea assets from RWE and avoid a legal clash.
Galp Sees Delays In Brazil From Petrobras Graft Probe
Wednesday, March 11, 2015 A widening corruption probe into Petrobras is likely to delay by at least one year four major offshore oilfield projects, Portuguese partner Galp Energia says.
Former Petrobras Exec Details Corruption Scheme In Hearing
Tuesday, March 10, 2015 A former Petrobras executive told a congressional hearing in Brazil that the ruling political party received up to $200M skimmed from contracts with the state-run oil company, reiterating previous claims.
Colombia's Ecopetrol Says It Can Keep Oil Flowing If Strike Starts
Monday, March 09, 2015 Ecopetrol has prepared a contingency workforce to maintain output should strike action by the main oil sector union go ahead, a senior official says.
Austria: Foreigners Seized By Islamic State In Libya
Monday, March 09, 2015 Islamic State militants in Libya seized a group of foreigners at the al-Ghani oilfield last week, a spokesman for the Austrian foreign ministry says citing "secure information".
US Declares Venezuela A Threat, Sanctions Top Officials
Monday, March 09, 2015 The US declares Venezuela a national security threat and orders sanctions against 7 officials in the worst diplomatic dispute with the since socialist President Maduro took office in 2013.
Witness: Islamic State Torches Oilfield East of Tikrit
Thursday, March 05, 2015 Islamic State militants set fire to oil wells in the Ajil field east of the city of Tikrit, according to a witness.
Genel Expects Regular Payments from Iraqi Kurdistan During 2015
Thursday, March 05, 2015 Genel Energy, still owed $233 million for oil it has sold so far to the Kurdistan Regional Government, expects regular payments from the KRG during 2015.
NOC: Libya Declares Force Majeure on 11 Oilfields Due to Insecurity
Thursday, March 05, 2015 Libya has declared force majeure on 11 of its oilfields due to the deteriorating security situation after several oil installations and ports were targeted by attacks, the state-run National Oil Corporation says in a statement on its website.
Official: Libyan Forces Hit Oil Ports with Air Strikes, Minor Damage
Tuesday, March 03, 2015 A warplane belonging to forces controlling the Libyan capital Tripoli bombs the oil ports of Ras Lanuf and Es Sidra, causing minor damage.
Islamist Militants Shell Two Libyan Oilfields, Port Pipeline Damaged
Monday, March 02, 2015 Islamist militants shell Libya's Bahi and Mabrouk oilfields, damaging a pipeline to the Es Sidra oil port, a spokesman for forces protecting energy infrastructure said.
Petrobras Denies Hiring JPMorgan For Subsalt License Sales
Friday, February 27, 2015 Petrobras denies it hired JPMorgan Chase to handle the sale of oil exploration licenses in deep-sea areas off the coast this year.