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News Topics: Political & Social Unrest

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China Corruption Watchdog Launches Inspections, Eyes Sinopec
Monday, November 24, 2014 China's corruption watchdog has launched a series of inspections into state-owned enterprises and government bodies including Sinopec, state media says.

Brazil's Petrobras Says Received US SEC Subpoena For Documents
Monday, November 24, 2014 Petrobras says it received a subpoena from the US Securities and Exchange Commission asking for documents relating to an investigation it is pursuing.

Oil Industry Swashbucklers Hit By War, Disease And Shale Boom
Monday, November 24, 2014 The world has become a more difficult place for the small, intrepid Canadian oil explorers that roam the globe hunting for the next big petroleum discovery.

Gaza Marine Development Could Help Deliver Israeli Security
Sunday, November 23, 2014 Rigzone hears Ariel Ezrahi, an adviser to former British PM Tony Blair, explain how investing in Palestinian energy infrastructure would be good for Israel's security and its relations with the Arab world.

Source: Petrobras Probe Finds Corruption, One Executive Fired
Wednesday, November 19, 2014 Petrobras fires one executive for corruption and identifies about 15 other employees involved in irregular contracts with suppliers, a source familiar with the situation says.

Petrobras Delays Earnings Report To Probe Corruption Allegations
Thursday, November 13, 2014 Petrobras delays the release of its third-quarter earnings report to allow more time to investigate corruption allegations.

Beijing, Philippines Move To Calm South China Sea Tensions
Tuesday, November 11, 2014 Philippine President Benigno Aquino says he and Xi Jinping had a "meeting of minds" during talks which included a territorial row that has soured relations between the South China Sea states.

Iraq's Rumaila Field Unaffected by Conflict and Oil Price Slide - BP
Monday, November 10, 2014 Operations at Iraq's biggest oilfield, Rumaila, have not been affected by sliding oil prices and the government's battle against Islamic State militants, a senior executive at developer BP says.

Libya's Political Chaos Hits Oilfields, Output Threatened
Monday, November 10, 2014 Libya's escalating political struggles threatened to derail the recovery in the country's oil sector, as a commander in charge of security at its biggest field said forces loyal to a rival government in Tripoli had forced out his men.

Continental CEO Harold Hamm Ordered to Pay $995 Million in Divorce
Monday, November 10, 2014 An Oklahoma County judge orders Continental Resources Chief Executive Officer Harold Hamm to pay nearly $1 billion in a divorce judgment, according to a court filing made public.

Greece Tells Turkey To Stop Challenging Cyprus Natgas Efforts
Friday, November 07, 2014 Greece urges NATO partner Turkey to stop harassing Cyprus while it looks to exploit offshore natural gas fields.

Gunmen Storm Libya's El Sharara Oilfield, Shut Down Production
Thursday, November 06, 2014 Gunmen seized Libya's major El Sharara oilfield, looting equipment and shooting as frightened workers sought shelter, oil sources say, in another blow to the country's oil industry which has been subjected to protests and militia blockades.

Spike Seen In African Offshore Disputes, Oil Companies Watching
Thursday, November 06, 2014 African maritime boundary disputes are expected to rise dramatically, potentially curbing exploration and creating uncertainty in ownership over tens of billions of barrels of oil, industry experts say.

Texas City Bans Fracking In Its Birthplace, Court Battles Loom
Wednesday, November 05, 2014 Voters approve a ban on hydraulic fracturing in the north Texas town of Denton, making it the first city in the Lone Star State to outlaw the oil and gas extraction technique behind the US energy boom.

BNP: Petrodollars Leave World Markets For First Time In 18 Years
Monday, November 03, 2014 Energy-exporting countries are set to pull their "petrodollars" out of world markets this year for the first time in almost two decades, according to a study by BNP Paribas.

Islamic State Says Seizes 2nd Gas Field In Syria
Monday, November 03, 2014 The Islamic State says it has seized control of a second Syrian gas field in a week.

Total's New Boss Says Europe Must Fight US Oil Export Ban
Thursday, October 30, 2014 The new head of Total challenged Europe to fight Washington over the US oil export ban, in his first public appearance since his predecessor.

Monitor: Islamic State Fights Syrian Army for Gas Field, Kills 30
Wednesday, October 29, 2014 Islamic State militants kill at least 30 pro-government fighters in an assault on a gas field, according to a monitoring group.

BP Posts Slump In Russian Income But Raises Dividend
Tuesday, October 28, 2014 BP increases dividends for its third quarter as it sees a jump in operating cash flow.

China's Top Diplomat to Visit Vietnam Again Amid Sea Dispute
Friday, October 24, 2014 Chinese diplomat visits Vietnam over oil rig operating in part of the South China Sea that both countries claim.

CEO: Russia's Rosneft Will Continue Drilling In Arctic
Friday, October 24, 2014 Russia's largest oil producer Rosneft will continue to drill in the Arctic Kara Sea on its own after the departure of ExxonMobil.

Russia Hopes Exxon Departure Won't Impact Wider Arctic Oil Exploration
Wednesday, October 22, 2014 Russia's Energy Minister hopes the suspension of work by US oil major Exxon Mobil in the Kara Sea will not affect wider offshore exploration in the Russian Arctic.

What's Going on in Kurdistan? Q&A with Gulf Keystone CEO
Monday, October 20, 2014 Rigzone catches up with John Gerstenlauer, CEO of Gulf Keystone Petroleum, to find out about the situation for oil companies in Kurdistan.

Yemen Separatists Urge Oil Firms to Stop Exports from South
Wednesday, October 15, 2014 Southern separatists seeking to split from Yemen's north set an ultimatum for the government evacuate its soldiers and urge foreign oil and gas firms to halt exports.

DNO's Iraqi Tawke Oilfield Output Increase Delayed
Wednesday, October 15, 2014 DNO says the departure of contractors from its Tawke oilfield in Iraqi Kurdistan delayed the push to increase its output capacity.

Group That Seized Tripoli Takes Libyan Government, Oil Company Websites
Tuesday, October 14, 2014 A self-declared government set up by an armed group that seized the Libyan capital in August has taken over the websites of the state administration and the national oil company.

Protesters Threaten to Close Another Oilfield in Eastern Libya
Tuesday, October 14, 2014 Protesters blocking Libya's Abu Attifel oilfield threaten to close another field to force a state oil company to hire hundreds of local people.

Russian Oil Shift East Accelerates, Dictated by Politics
Monday, October 13, 2014 Russia is diverting more of its crude oil east with deliveries to China hitting a new record in September.

Venezuela Says To Pay Less Than $1B To Exxon Over Nationalization
Friday, October 10, 2014 Venezuela will end up paying less than $1 billion to ExxonMobil for oil assets nationalized in 2007, after this week's World Bank tribunal award, the Venezuelan government says.

Lego To Drop Shell Contract But Criticizes Greenpeace
Thursday, October 09, 2014 Lego criticizes Greenpeace's actions towards Shell and does not give a concrete reason for not renewing the contract.

Venezuela Ordered To Pay Exxon $1.6B For Nationalization
Thursday, October 09, 2014 A World Bank arbitration tribunal has determined Venezuela must pay ExxonMobil around $1.6 billion to compensate for a 2007 nationalization.

As Money Runs Out, Fallen Brazilian Tycoon Batista Faces The Law
Wednesday, October 08, 2014 A year after the epic collapse of his industrial empire, Brazilian tycoon Eike Batista's financial and legal troubles appear far from over.

Cyprus President Suspends Peace Talks
Tuesday, October 07, 2014 Cyprus' president suspends talks on reunifying the ethnically divided island in response to Turkish plans to search for oil and gas in waters.

Cyprus: Turkey Gas Search Could Hurt Peace Talks
Monday, October 06, 2014 Cyprus warns that plans by Turkey to search for oil and gas in waters where it has already licensed companies to drill could derail reunification talks on the ethnically split island.

Gazprom Neft Says Shell Suspends Russian Tight Oil Project
Friday, October 03, 2014 Shell is suspending development of hard-to-recover oil in Russia's Bazhenov formation with Gasprom Neft after the West imposed sanctions on Russia.

KS Discoverer 1 Contract in Kurdistan Terminated Due to Force Majeure
Friday, October 03, 2014 KS Energy reports that the contract for drilling services and charter of its KS Discoverer 1 onshore rig in Kurdistan has been terminated after client, OP Hawler, declared force majeure due to unrest in Iraq.

Gulf Keystone Says Has Returned All Staff to Iraqi Kurdistan
Wednesday, October 01, 2014 Gulf Keystone Petroleum has returned all staff to its operations in Iraqi Kurdistan after evacuating international contractors from the region amid escalating violence in August.