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Kremlin: Putin, Venezuela's Maduro to Discuss Oil Price Stabilisation
Monday, August 31, 2015 Russian President Vladimir Putin and his Venezuelan counterpart Nicolas Maduro discuss ways to stabilize global oil prices during a visit to China.
Total Sells North Sea Gas Pipelines For $907M
Thursday, August 27, 2015 Total has agreed to sell some of its gas pipeline assets in the UK's North Sea to North Sea Midstream Partners for $907 million.
Brazil to Offer Deal with Firms Involved in Petrobras Scandal
Wednesday, August 26, 2015 Brazil will offer companies implicated in a massive corruption scandal at state-run Petroleo Brasileiro SA a deal that would include the payment of fines and compensation in exchange for doing business again with the oil producer, daily Folha de S.Pa
Iraqi Kurdistan Says Oil Pipeline Sabotage Cost It $501M
Tuesday, August 18, 2015 Repeated sabotage by "organised gangs" of the oil pipeline from northern Iraq to Turkey has cost the autonomous Kurdistan region $501M since July 1, its ministry of natural resources says.
Iraq PM Visits Oilfield Where Locals Harass Lukoil
Tuesday, August 18, 2015 Iraq's PM Haider al-Abadi visits the supergiant West Qurna-2 oilfield after the state-run South Oil Company warned output could be affected unless protests by locals demanding jobs were defused.
Former Petrobras Exec Sentenced For Samsung Drillship Bribe
Monday, August 17, 2015 A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison for corruption and money laundering.
Islamic State Attacks In and Around Iraqi Refinery Town
Friday, August 14, 2015 Islamic State militants attack the outskirts of Iraq's northern oil refinery town of Baiji overnight.
Saipem Says Milan Prosecutors Open Corruption Probe On Brazil Contract
Wednesday, August 12, 2015 Saipem says it received notice that Milan prosecutors had opened an investigation into alleged international corruption regarding a contract the oil services group was awarded in Brazil in 2011.
Libya's El Feel, El Sharara Oilfields Remain Closed
Monday, August 10, 2015 Libya's El Sharara and El Feel oilfields remain closed due to protests and a pipeline blockage, oil officials say.
UK Probe of Soma Focuses on Payments to Somali Officials
Monday, August 10, 2015 Soma's work in Somalia is being scrutinized by the UK's Serious Fraud Office.
US Adds Russian Oil Field To Sanctions List
Friday, August 07, 2015 The US has added a Russian oil and gas field, the Yuzhno-Kirinskoye Field, to its list of energy sector sanctions prompted by Moscow's actions in Ukraine.
Genel Energy CEO Welcomes Kurdish Commitment to Pay IOCs
Thursday, August 06, 2015 Genel Energy Chief Executive Murat Ozgul welcomes the Kurdistan Regional Government's public commitment to pay producing international oil companies on a monthly basis, from September 2015.
East Java's Banyu Urip Oil Field Resumes Production After Labor Unrest
Thursday, August 06, 2015 Indonesia's Banyu Urip oil field in East Java's Cepu block resumes normal production following labor unrest late last week, according to an official with the country's upstream oil and gas regulator.
Turkey to Boost Security for Energy Infrastructure as PKK Attacks Rise
Thursday, August 06, 2015 Turkey will deploy thermal cameras and horse-back patrols to heighten security around key oil and gas pipelines as Kurdish militant attacks increase, according to energy officials.
PetroChina Wins Dismissal of Securities Lawsuit in US
Tuesday, August 04, 2015 PetroChina wins dismissal of a securities-fraud lawsuit by investors who accused the company of failing to disclose corruption that exposed it to government investigations and penalties.
Explosion Hits Shah Deniz Gas Pipeline in Northeast Turkey
Tuesday, August 04, 2015 An explosion hits a pipeline carrying natural gas from Azerbaijan's Shah Deniz field through Turkey, but a Turkish energy official says there is no impact on supply due to scheduled maintenance.
GMB Members Accept Latest OCA Proposals
Tuesday, August 04, 2015 GMB union members vote to accept the latest proposals by the Offshore Contractors' Association over changes to conditions for offshore workers in the North Sea.
Energy Officials: Sabotaged Iraq-Turkey pipeline to resume on Tuesday
Monday, August 03, 2015 Iraq's oil pipeline to Turkey is expected to resume pumping on Tuesday after sabotage by Kurdish militants, according to Turkish energy officials.
YPF: Protests In Argentina's Shale Oil Region End, Output Normal
Thursday, July 30, 2015 Protests that briefly disrupted production in part of Argentina's main shale oil producing region have ended and operations are back to normal, YPF says.
Attack Halts Flow in Natural Gas Pipeline from Iran to Turkey
Tuesday, July 28, 2015 Saboteurs attack a pipeline carrying natural gas from Iran to Turkey, according to the Turkish energy minister.
Libya Crude Output Drops as Conflict Cuts Power at Oil Fields
Monday, July 27, 2015 Libya's crude production drops below 400,000 barrels a day as the conflict in the divided North African country cut electricity supply at oil fields, according to the state-run National Oil Corp.
Petrobras Union May Follow 24-Hour Strike With September Walkout
Thursday, July 23, 2015 Brazil's main oil workers union is considering an open-ended strike in September if a 24-hour walkout scheduled for midnight Thursday fails to stop moves to shrink state-run oil company Petrobras.
Four Italian Workers Kidnapped near Mellitah Oil, Gas Compound in Libya
Monday, July 20, 2015 Four Italian construction workers are kidnapped in the vicinity of Eni's Mellitah Oil and Gas Compound.
Brazil Justice Minister Says Petrobras Investigation Must Follow Law
Wednesday, July 15, 2015 Justice Minister Cardozo pledged to punish any investigators found to have broken the law by using unauthorized bugs or leaking documents to the press while probing corruption at Petrobras.
Iran, Powers Give Themselves Until Monday For Nuclear Deal
Friday, July 10, 2015 Iran and major powers give themselves until Monday to reach a nuclear agreement, their third extension in two weeks, as Tehran accuses the West of throwing up new stumbling blocks to a deal.
Putin Calls For Lifting All Sanctions Against Iran
Friday, July 10, 2015 Russian President Vladimir Putin calls for sanctions on Iran to be lifted as soon as possible after a deal is reached on Tehran's nuclear programme.
Velocys Suspends CEO for Alleged Misconduct
Monday, July 06, 2015 Velocys will investigate CEO Roy Lipski over allegations of serious misconduct.
Is Joint Development an Option as Tensions Mount in South China Sea?
Friday, July 03, 2015 As China's land reclamation activities in the South China Sea aggravate tensions, joint resource development has been mooted to cool rising temperatures in the regional territorial spat.
|Brent Crude Oil :||$50.05/BBL||5.23%|
|Light Crude Oil :||$45.22/BBL||6.25%|
|Natural Gas :||$2.72/MMBtu||3.42%|
|Updated in last 24 hours|