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Niger Delta Avengers Attack Escravos Terminal
Thursday, May 26, 2016 The Niger Delta Avengers attack Chevron's Escravos terminal in Nigeria, according to a statement on Twitter.
Striking French Oil Workers Meet Soon Over Next Steps
Thursday, May 26, 2016 Oil sector workers of a French trade union will hold general assembly meetings on Friday to determine their next steps in the strike action that has disrupted fuel supplies and public transport, two union officials say.
Algeria's In Amenas Gas Plant Due Back at Full Capacity in June
Wednesday, May 25, 2016 Algeria's In Amenas gas processing plant started test production at its third train a week ago and will soon be back running at full capacity, more than three years after a militant attack, a source at state energy firm Sonatrach said on Wednesday.
UKOOG Supports Yorkshire Council's Fracking Approval
Tuesday, May 24, 2016 UKOOG welcomes North Yorkshire County Council's decision to approve the hydraulic fracture of Third Energy's Kirby Misperton well.
Industry Optimistic about Iraq's Petroleum Future
Tuesday, May 24, 2016 Oil and gas officials optimistic about Iraq's petroleum future, despite evident challenges, at the 10th Iraq Petroleum Conference, held in London.
Militants Attack Agip Oil Pipeline In Nigeria's Bayelsa State
Sunday, May 22, 2016 A crude oil pipeline in Nigeria's southern state of Bayelsa, operated by the local subsidiary of Italy's Eni, was attacked on Sunday.
Shell, Exxon Seen as Majors Most Exposed to Nigeria Attacks
Friday, May 20, 2016 Royal Dutch Shell and Exxon Mobil are the international oil companies most exposed to violence in the Niger River delta that has cut Nigeria's output and fueled a rally in global crude prices, according to Rystad Energy.
Libya Oil Deal Allows Small Step Toward Healing Political Divide
Friday, May 20, 2016 The political deal that allowed the restart of oil shipments from a port in eastern Libya provides short-term relief for cash-strapped authorities, but is only a small first step in a wider effort to unify the country's rival factions.
Community Group: Gas Pipeline in Niger Delta Operated Attacked
Friday, May 20, 2016 A gas pipeline in Nigeria's restive Niger Delta region operated by the state energy company was attacked late on Thursday, a spokesman for a local community group and a witness said on Friday.
Violent Struggle Over Oil And Money Rattles Global Energy Market
Thursday, May 19, 2016 After years of relative peace, militants are again blowing up the pipelines that criss-cross the mangrove swamps of Nigeria's Niger River delta, reducing oil output to the lowest in almost three decades and fueling a rally in global crude prices.
ENI Gas Pipeline In Nigeria's Delta Attacked
Wednesday, May 18, 2016 Unknown attackers blow up a gas pipeline belonging to Italy's ENI in Nigeria's restive Niger Delta, residents say.
IS Unlikely to Gain Control of Libya's Oil
Wednesday, May 18, 2016 IS is unlikely to gain control of Libya's oil, says Martijn Murphy, Wood Mackenzie's research manager for North African upstream oil and gas.
Nigerian Army Says Arrests Suspected 'Avengers' Militants In Delta
Monday, May 16, 2016 The Nigerian army says it has arrested members of a militant group which has claimed responsibility for a wave of attacks on pipelines in the Delta region.
Sources: Libya to Resume Oil Shipments from Hariga After Talks
Monday, May 16, 2016 Libya will resume oil shipments from the port of Marsa El Hariga after reaching an agreement in Vienna between rival oil officials representing the east and west of the country, Libyan oil sources told Reuters.
US Official: Islamic State Yearly Oil Revenue Halved to $250M
Wednesday, May 11, 2016 Air strikes, a drop in the price of oil, and counter-smuggling efforts by neighboring countries have combined to cut Islamic State's oil revenues in half to about $250 million per year, a senior US Treasury official says.
Nigerian Oil Workers Union: 'Any Reasonable Company' Should Evacuate Staff
Tuesday, May 10, 2016 Oil companies operating in Nigeria should evacuate their staff from the southern Niger Delta after several attacks on oil facilities, says a senior oil workers' union official.
Nigeria Oil Union Says Shell, Chevron Workers Evacuated
Tuesday, May 10, 2016 Oil producers are evacuating workers from the Niger Delta because of the deteriorating security situation in Nigeria’s most-important oil producing region, a union official says.
Nigerian Oil Output Falls Toward 22-year Low as Violence Spreads
Monday, May 09, 2016 A series of attacks on Nigeria's oil infrastructure has pushed its output of crude close to a 22-year low, Reuters data shows, putting intense pressure on the country's finances.
Union: Shell Workers Evacuated from Bonga Field After Militant Threat
Monday, May 09, 2016 Shell workers at Nigeria's Bonga oil field in the southern Niger Delta are being evacuated following a militant threat, a senior labor union official said on Monday.
India, Iran Agree to Clear $6.4B in Oil Payments Via European Banks
Friday, May 06, 2016 The central banks of India and Iran reach an arrangement to use European banks to process pending oil payments to Tehran, India's Oil Minister Dharmendra Pradhan told Reuters, unlocking $6.4 billion in stalled funds.
Nigerian Oil Output Plunges to 20-Year Low as Attacks Escalate
Friday, May 06, 2016 Nigeria is suffering a worsening bout of oil disruption that has pushed production to the lowest in 20 years, as attacks against facilities in the energy-rich but impoverished nation increase in number and audacity.
Navy Spokesman: Militants Attack Chevron Platform in Niger Delta
Thursday, May 05, 2016 Militants attack a Chevron platform in Nigeria's oil-rich Niger Delta region late on Wednesday, a navy spokesman said, amid growing fears of a revived militant campaign in the region.
India Orders Tanker with Disputed Libyan Oil to Await UN Instructions
Thursday, April 28, 2016 India instructs an Indian-flagged oil tanker not to discharge its cargo of oil from Libya's rival eastern government and await instructions from the United Nations, a senior Indian government official says.
Serbian Engineer Abducted In Libya Freed, Serbian Ministry Says
Wednesday, April 27, 2016 A Serbian engineer who was abducted by unidentified kidnappers in Libya has been freed, the Serbian Foreign Ministry says.
Husky May Take Legal Action In Gas Dispute With China Firm
Tuesday, April 26, 2016 Husky says it was confident a dispute with CNOOC over delivery payments for South China Sea gas will be resolved but warned it would take legal action against the state-owned energy company if necessary.
Serbian Engineer Abducted In Libya
Tuesday, April 26, 2016 A Serbian engineer has been kidnapped in a remote area of Libya near the Egyptian border.
Dutch Court Overturns $50B Yukos Award Against Russia
Wednesday, April 20, 2016 A Dutch court overturns an order that Russia pay $50 billion to shareholders in defunct oil company Yukos.
Shell Says Theft from its Nigerian Oil Pipeline Network Fell in 2015
Monday, April 18, 2016 Theft of crude oil from the pipeline network of Shell's Nigerian subsidiary fell to 25,000 barrels per day in 2015, roughly 32% less than the previous year.
Oil Pares Drop as Kuwait Worker Strike Counteracts Doha Failure
Monday, April 18, 2016 Oil narrows decline as a labor strike in Kuwait cut output, counteracting the failure of producing nations to reach an output-freeze agreement in Doha.
Kuwait Crude Production Plunges On First Day Of Strike Over Pay
Monday, April 18, 2016 Kuwait's crude production tumbles by 60 percent and its refineries scale back operations as the state oil company took emergency measures to cope with the first day of an open-ended labor strike.
BP Shareholders Seek Director Remuneration Change
Thursday, April 14, 2016 BP plc's shareholders are seeking a change to the way the company deals with the remuneration of its directors, following the chief executive's proposed 20% pay increase this year.
China Rebuffs Vietnam Criticism of Oil Rig Move
Friday, April 08, 2016 China's Foreign Ministry rebuffs Vietnam's second demand this year to move a controversial oil rig and drop plans to drill in South China Sea waters where jurisdiction is unclear.
SBM Offshore: Judge Confirms Settlement
Wednesday, April 06, 2016 Judge confirms an out of court settlement involving SBM's CEO Bruno Chabas and Supervisory Board member Sietze Hepkema, following allegations of corruption made against the pair by the Brazilian Public Prosecutor's Office.
Lukoil: Kazakhstan Files $1.6B Claim Against BG-Eni Venture
Tuesday, April 05, 2016 Kazakhstan files a $1.6 billion claim against a group led by BG Group Plc and Eni SpA which is developing the Karachaganak gas condensate field.
US Sues ValueAct Over Halliburton-Baker Hughes Deal Disclosures
Monday, April 04, 2016 The US Department of Justice says it sued activist investor ValueAct Capital for violating pre-merger notification requirements related to Halliburton's deal to buy Baker Hughes.
Monaco Raids Unaoil Offices Over Global Oil Corruption Probe
Friday, April 01, 2016 Monaco raids the homes and offices of oil company Unaoil after a UK request for assistance in an investigation into alleged corruption involving foreign companies in the global oil sector.
Total Manager Probed for Influence Peddling in Italian Oil Field Case
Friday, April 01, 2016 Italian prosecutors are investigating a manager of French oil major Total for possible influence peddling to secure permits to develop an oil field in southern Italy.
Iraqi PM Names New Cabinet To Fight Corruption
Thursday, March 31, 2016 Iraqi Prime Minister Haider al-Abadi names Nizar Salem al-Numan as a candidate for the key post of oil minister as part of a cabinet reshuffle aimed at fighting corruption.
Falkland Islands Govt Labels Argentine Sovereignty Claim as 'Misleading'
Wednesday, March 30, 2016 The Falkland Islands Government labels claims made by the Argentine Foreign Ministry that the Falkland Islands will fall within Argentinian sovereign waters as "wholly misleading".
Norwegian Strike Threat Increases
Wednesday, March 30, 2016 Norwegian union Fellesforbundet breaks off pay negotiations with the employers' Federation of Norwegian Industries, increasing the risk of strike action.
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