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News Topics: Political & Social Unrest

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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.

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.

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.

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.



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.

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.

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.

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".

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.

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.

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.

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.

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.

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.

Libya's Zueitina Port Resumes Oil Exports, Sarir Field Pipe Tested
Sunday, February 22, 2015 Libya resumes oil exports form the eastern port of Zueitina after an almost year-long suspension.

EU to 'Reframe' Russian Energy Ties When Time is Right
Friday, February 20, 2015 The EU will consider reframing energy relations with Russia when the time is right but right now it is focused on building a strategic gas partnership with Ukraine, according to a draft document.

Chesapeake Alleges McClendon Stole 'Trade Secrets' To Start New Firm
Tuesday, February 17, 2015 Chesapeake files suit alleging its founder and former CEO McClendon stole confidential company data during his last months on the job in order to launch his new oil and gas empire.

Eni Production In Libya Continues With Limited Expat Staff
Tuesday, February 17, 2015 A spokesman for Eni says it still has enough expatriates and local workers in Libya to maintain normal production in spite of reducing the number of expats it has in the country.

JKX Launches Arbitration Proceedings against Ukrainian Government
Monday, February 16, 2015 JKX Oil & Gas launches arbitration proceedings against the Ukrainian government, seeking repayment of $180 million in rental fees it has paid on the production of oil and gas in Ukraine since 2011.

Algeria Shale Gas Protesters Vow Escalation
Monday, February 09, 2015 Protesters against Algeria's plans to exploit its massive shale gas reserves say they will carry their demonstrations to the actual desert drilling sites after the state oil company said exploration would continue.

Gulf Keystone Suspends Trucked Oil Exports from Iraqi Kurdistan
Friday, February 06, 2015 Gulf Keystone Petroleum suspends trucked exports of crude in favor of sales to the local market in Kurdistan as it awaits export payments from the Kurdistan Regional Government.

NOC: Gunmen Storm Libya's al-Mabrook Oilfield
Wednesday, February 04, 2015 Gunmen have stormed the al-Mabrook oilfield in central Libya, a spokesman for state-run National Oil Corp (NOC) says.

Oil Minister: Iraq Oilfield Output Suspended After IS Fighting
Monday, February 02, 2015 Production at an oilfield near the northern Iraq city of Kirkuk remains suspended after incurring severe damage during a weekend attack by Islamic State insurgents, Iraq's oil minister says.

OMV Drops 2016 Output Goal, Takes 4Q Charge
Thursday, January 29, 2015 Austria's OMV says reduced investment due to lower oil prices and Libyan uncertainty would prevent it from reaching its 2016 output target.

Russia's Gazprom Cancels Plans to Expand Nord Stream
Wednesday, January 28, 2015 Russia's Gazprom cancels a plan to build two more branches of the Nord Stream natural gas pipeline, according to sources.

Petrobras Reports Earnings Without Graft Writedowns Despite Delays
Wednesday, January 28, 2015 Petrobras released delayed unaudited third-quarter results, but its shares slumped as it left investors in the dark over the financial impact of a multibillion-dollar corruption scandal.

Lukoil Would Welcome Investigation into Accusations it Funded Terrorism
Wednesday, January 28, 2015 Lukoil wants a prompt investigation into accusations it took part in the funding of terrorism in Ukraine and is ready to cooperate with Ukraine's law enforcement agencies.

Nigeria's Forcados Oil Pipeline Resumes after One-Week Shutdown
Tuesday, January 27, 2015 Nigeria resumes operations at its Trans Forcados oil pipeline after the pipeline was shut down for a week due to sabotage.

Turkish Cypriot Negotiator Urges Suspension Of Gas Drilling
Tuesday, January 27, 2015 Greek and Turkish Cypriots should agree to suspend the search for offshore natural gas until they have hammered out a settlement in talks, Ergun Olgun says.

BP Cuts 255 Jobs In Azerbaijan, Remains Committed To Region
Tuesday, January 27, 2015 BP cuts 255 jobs, or around 8% of its workforce in Azerbaijan as it trims costs in response to the "challenging market environment".