News Topics: Political & Social Unrest
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Scotland 'Yes' Vote Would Trigger Dispute Over Old Oil Rigs
Friday, September 12, 2014 Scotland will ask Britain to help finance the cost of removing old North Sea rigs and pipelines even if it votes for independence and gains most of the oil revenues.
Gazprom's 1Q Earnings Hurt By Ukraine, Exports Outlook Worsened
Thursday, September 11, 2014 Gazprom reports a 41% fall in 1Q net profit with more pain to come due to the firm's pricing dispute with Ukraine.
Eni Chief Under Investigation By Prosecutors Over Nigerian Oil Deal
Thursday, September 11, 2014 Eni chief Claudio Descalzi has been placed under investigation over alleged corruption relating to a big Nigerian oil deal.
BP, Shell Urge Scotland to Vote against Independence
Thursday, September 11, 2014 With a week to go before Scotland's independence referendum, BP and Shell come out in support of Sir Ian Wood's view that the Scottish people are being misled by the Yes campaign.
WSJ: China Deploys Troops to UN Force to Protect South Sudan Oilfields
Wednesday, September 10, 2014 China is deploying 700 soldiers to a United Nations peacekeeping force in South Sudan to protect oil fields and Chinese workers amid a rebellion in the African country, The Wall Street Journal reports.
Poland's PGNiG Says Sees Lower Gas Supplies from Gazprom
Wednesday, September 10, 2014 PGNiG says that it is seeing reduced gas supplies from Russia's Gazprom and is trying to clarify the reason why.
Petrobras Investigates Kickback Allegations, Seeks Testimony
Tuesday, September 09, 2014 Petrobras is seeking testimony from a jailed former director as part of an internal inquiry into allegations of a vast kickback scheme involving dozens of high-profile lawmakers.
Rosneft Struggles To Grow As Sanctions Hit Russia's Oil Champion
Tuesday, September 09, 2014 Rosneft cuts staff and production, while selling stakes in its Siberian fields, amid Western sanctions.
Russia's Novatek CEO Says Plans Unchanged Despite Sanctions
Tuesday, September 09, 2014 Novatek CEO says Russian firm will not change its future plans in spite of Western sanctions.
New Iraq Oil Minister Faces Security Challenge, Kurdish Dispute
Tuesday, September 09, 2014 Iraq's new oil minister is a veteran politician who will need to deploy all his experience to resolve disputes over Kurdish oil production and allay foreign investor fears.
More Oilfield Staff Return to Work in Iraqi Kurdistan
Monday, September 08, 2014 Genel Energy becomes the latest company operating in the Kurdistan region of Iraq to report that it is returning staffing levels to normal after recent violence in the area.
Diplomat: EU Puts Top Russian Oil Companies on Sanctions List
Monday, September 08, 2014 The European Union puts Russia's Rosneft, Transneft and Gazprom Neft on its list of Russian state-owned firms that will not be allowed to raise capital or borrow on European markets, says a diplomat.
Pirates Attack Products Tanker Off Ivory Coast
Wednesday, September 03, 2014 Armed pirates attack a petroleum products tanker off the Ivory Coast's port of Abidjan.
Russian Oil Production Rises in August, Sanctions Yet to Bite
Tuesday, September 02, 2014 Russia's oil output increased in August, helped by an increase in condensate production at Gazprom, showing that energy supplies have ben been yet affected by sanctions over Ukraine.
Algeria's In Amenas Gas Plant Returning to Normal after Attack
Monday, September 01, 2014 Normal operations resume at a major gas plant in Algeria, 18 months after a raid by Islamist militants killed 40 employees.
Afren Shares Drop after Kurdistan Shutdown Prompts Production Forecast Cut
Friday, August 29, 2014 Independent explorer Afren slashes its full-year production forecast by 20 percent following shutdown of its Kurdistan operations.
Iraq To Appeal US Court Decision On Kurdish Oil
Thursday, August 28, 2014 The Iraqi oil ministry says it would challenge a US court decision that stopped US Marshals from seizing some one million barrels of disputed Kurdish oil docked near Texas.
Talisman To Proceed With Kurdistan Sale Despite Big Oil Find
Friday, August 22, 2014 Talisman says it still plans to sell its oil properties in Iraq's Kurdistan region, even after its partner announced a massive oil discovery on its properties.
CEO: OMV Pulls Staff From Kurdistan, Ponders Crimea
Friday, August 22, 2014 OMV withdraws staff from Iraqi Kurdistan and is also waiting on what happens south of Crimea, where the firm has plans with Exxon.
Mexico Launches Special Police Force To Guard Economic Activity
Friday, August 22, 2014 Mexico launches a scaled-back version of a new police force President Enrique Pena Nieto had vowed to create while on the campaign trail to safeguard businesses against rampant organized crime.
Norway's DNO Says Committed to Kurdistan Despite Violence
Thursday, August 21, 2014 Norway’s DNO says it remains committed to its operations in Iraq’s Kurdistan region in spite of nearby violence.
Lobby Group: Norway's Politics Threatens Oil Competitiveness
Wednesday, August 20, 2014 High taxes and 'political meddling' in oil and gas projects threatens the competitiveness of Norway's offshore energy sector, says the Norwegian Oil and Gas Association.
Hamas Says Fired Rockets At Offshore Israeli Gas Well
Wednesday, August 20, 2014 Hamas says it has fired two rockets at an Israeli gas installation about 19 miles off the coast of Gaza.
Aquino Says Chinese Survey Ships Seen In Philippine Waters
Monday, August 18, 2014 Philippine President Benigno Aquino says two Chinese survey vessels have been sighted in a gas-rich area of its exclusive economic zone.
Iraqi Kurdistan's Largest-Producing Oilfield Working To Boost Output
Friday, August 15, 2014 Oil production at Iraqi Kurdistan's largest-producing oilfield is set to rise to as much as 14,000 barrels per day by the end of the month.
Russian Oil Giant Seeks Funds Earmarked For Pensions
Thursday, August 14, 2014 Rosneft is seeking a $42 billion loan from a fund earmarked for Russian pensions to help it weather Western sanctions imposed over Moscow's role in Ukraine.
OMV Profit Drops as Libya Crisis Boosts Costs
Tuesday, August 12, 2014 Austria's OMV sees its underlying operating profit halve during the second quarter of 2014.
CAT Oil Keeps Outlook Despite Russia Sanctions
Monday, August 11, 2014 CAT Oil sticks to its 2014 outlook despite Western economic sanctions against Russia.
Oil Exploration in Kurdistan Halted Amid Violence
Monday, August 11, 2014 Hess Corp. is latest oil firm to suspend operations in Iraqi Kurdistan, as Kurdistan Regional Government halts exploration activities near potential combat zones.
Ukraine Promises Smooth Russian Gas Transit to Europe
Monday, August 11, 2014 Ukraine's Naftogaz will continue uninterrupted pumping of Russian gas exports to Europe through its territory even if Ukraine imposes its own sanctions on Russia.
Kurdish Oil Pipeline via Turkey Runs Normally Despite Militant Advance
Friday, August 08, 2014 Kurdistan's oil pipeline via Turkey is operating normally and pumping 120,000 barrels per day despite the advance by Islamic State fighters in northern Iraq.
Genel Says Kurdish Fields 'Remain Safe and Secure'
Friday, August 08, 2014 Genel Energy reports that its Taq Taq and Tawke fields in Iraqi Kurdistan "remain safe and secure" amid fighting between Islamic State and Peshmerga forces in Kurdish territory.
Iraqi Kurdistan-Focused Oil Shares Hit By IS Advance
Thursday, August 07, 2014 Shares of energy companies operating in Iraqi Kurdistan plunged and two US companies evacuated some staff as Islamic State militants advanced.
DNO Continuing Operations at All Iraq Oil Fields
Thursday, August 07, 2014 DNO continues operations in Iraq's Kurdistan region in spite of Islamic State militants extending their gains in northern Iraq.
Genel Profits Rise on Higher Kurdistan Oil Exports
Tuesday, August 05, 2014 Genel Energy posts a 50-percent rise in first-half oil production, buoyed by output from Iraqi Kurdistan.
Cadogan: Ukraine Tax Changes to have 'No Material Effect' on Operations
Tuesday, August 05, 2014 Cadogan Petroleum says recent tax changes in Ukraine should have no material effect on its financial position, operations or work program in the country.
CEO: Russia Sanctions Leave Austria's OMV Untouched
Monday, August 04, 2014 European sanctions imposed on Russia for its role in Ukraine's political crisis have had no impact on Austrian energy group OMV, Chief Executive Gerhard Roiss says.
Kemp: EU Energy Restrictions on Russia Mostly Theatre
Monday, August 04, 2014 EU sanctions on Russia's oil sector will not seriously hamper the development of new oil resources in either the short or the long term, though they leave open the possibility of further escalation if relations with Russia deteriorate in future.
OMV Says Russia Sanctions Don't Impact South Stream Pipeline
Sunday, August 03, 2014 EU sanctions imposed on Moscow in the Ukraine will have no impact on the South Stream gas pipeline, says Austria’s OMV.
Islamic State Grabs Iraqi Dam and Oilfield in Victory over Kurds
Sunday, August 03, 2014 Islamist group seizes control of Iraq’s biggest dam and an oilfield from Kurdish forces.
Enel CEO Says Not Wise to Sell Russia Assets at Moment
Thursday, July 31, 2014 Italy's Enel is not considering the sale of its Russian assets at the moment, says its CEO.
Total Stops Buying Novatek Shares After MH17 Shot Down
Wednesday, July 30, 2014 France's Total stops buying shares in Novatek, but says it is still too early to gauge the impact of western sanctions against Russia.
US Judge Signs Order To Seize Kurdish Oil From Tanker Off Texas
Tuesday, July 29, 2014 Iraq files a suit in a Texan court to gain control of a cargo of crude oil from Iraqi Kurdistan that it says was sold without its permission.
Libya Says Its Oilfields Are Safe From The Fighting
Tuesday, July 29, 2014 Libya is pumping crude oil at around 500,000 barrels per day and all its oilfields are secure despite continued violence, an official from the Libyan Oil Ministry says.
BP Profit Jumps But Warns Of Russia Sanctions Impact
Tuesday, July 29, 2014 BP reports a sharp rise in second-quarter profits but warns that further sanctions on Russia could harm its business there.
Tanker Carrying Iraqi Kurdish Oil Anchored off Texas Port
Sunday, July 27, 2014 A tanker carrying crude oil from Iraqi Kurdistan anchors near Galveston, Texas.
Iraqi Kurdish Oil Nears US Port Despite Concern in Washington
Friday, July 25, 2014 Oil from Iraqi Kurdistan is just two days away from arriving at a US port despite Washington's concern about independent oil sales from the region.
Strike Paralyzes Oil, Gas Output in Neuquen
Thursday, July 24, 2014 An oil workers' strike paralyzes oil and gas production in the Argentine province of Neuquen.
EU Says Could Halt Technology for Russia to Develop Arctic Oil, Gas
Wednesday, July 23, 2014 EU should not give Russia technical help to develop Arctic oil and gas if Moscow does not help defuse the Ukraine crisis, says EU Energy Commissioner Guenther Oettinger.
Ukraine Says EU Reverse Gas Flows Lower after Gazprom's 'Threats'
Wednesday, July 23, 2014 Ukraine energy minister says reverse gas flows from the European Union to Ukraine fall because of the threats by Russian gas producer Gazprom.
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