News Topics: Political & Social Unrest
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Minister: Oil, Gas Firms Committed To Russia Despite Sanctions
Friday, April 18, 2014 Russian and international majors are cooperating as usual despite sanctions imposed over Ukraine and Russia's South Stream pipeline project is going ahead, Energy Minister Alexander Novak says.
The Link Between Energy Security and Foreign Policy Options
Thursday, April 17, 2014 Global energy security offers both challenges and foreign policy opportunities, industry leaders say.
Oil Output In South Sudan's Unity State Delayed By Fighting
Thursday, April 17, 2014 A new bout of fighting in South Sudan's oil-producing Unity state will delay the resumption of output in the region, a senior oil ministry official says.
Ex-BP Employee Settles SEC Insider-Trading Oil Spill Case
Thursday, April 17, 2014 A former 20-year veteran of BP who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges.
Thailand's PTT Cuts 2014 Investment Due to Political Unrest
Wednesday, April 16, 2014 PTT, Thailand's top energy firm, plans to cut its 2014 investment budget by as much as 30 percent to $1.86 billion as the country's ongoing political unrest delays the launch of new projects.
Oil Minister: Restart Of Libya's Oil Output Hard To Predict
Wednesday, April 16, 2014 Libya's oil minister says there was no clear timetable for the resumption of steady oil output as an end to the stand-off with rebels could still falter.
Minister: Passage of South Stream Pipeline via Turkey Possible
Wednesday, April 16, 2014 Turkey would consider allowing the South Stream pipeline to pass through its territory if Moscow made such a request, according to Energy Minister Taner Yildiz.
BP Head Says Russian Business Unaffected by Sanctions
Tuesday, April 15, 2014 Western sanctions over Russia's actions in Ukraine are not affecting BP's business in Russia, says BP boss Bob Dudley.
South Sudan Rebels Say Seize Oil Hub Bentiu, Tell Foreign Firms To Go
Tuesday, April 15, 2014 South Sudanese rebels say they have seized the capital of oil-producing Unity state, Bentiu, and warn oil firms to pack up and leave within a week.
Crimea: the Oil and Gas Story
Monday, April 14, 2014 The recent annexation of the Crimea region could land Russia with substantial Black Sea gas and oil resources off the peninsula's southwest and east coasts.
Britain Warns Scots That Independence Would Hurt Energy Industry
Tuesday, April 08, 2014 Britain warns Scots that voting for independence would threaten the commercial viability of North Sea oil and gas fields and renewable energy projects.
Crimea Cost Ukraine Over $10B In Lost Natural Resources
Monday, April 07, 2014 Ukraine's ecology and natural resources minister estimates that Kiev has lost natural resources and related assets worth $10.8 billion when Russia annexed the Crimea region.
Gazprom Neft CEO Says Russian Oil Company Could Look Eastward if Sanctions
Sunday, April 06, 2014 Gazprom Neft is ready to move away from dollars in its contracts and redirect oil flows to Asia it hit by sanctions.
Libyan Rebels, Government Agree to Reopen Two Occupied Oil Ports
Sunday, April 06, 2014 Libya reaches a deal with revels to reopen two occupied oil ports accounting for 200,000 barrels of oil per day.
Canada High Court To Hear Chevron In $9.1B Ecuador Lawsuit
Thursday, April 03, 2014 The Supreme Court of Canada agreed to hear an appeal by Chevron of a lower-court decision that said Ecuadorean villagers could pursue in Ontario their $9.51B lawsuit.
Cuadrilla: UK Could Produce Shale Gas in 4 Years in Emergency
Wednesday, April 02, 2014 Shale gas production could begin within four years if the current crisis in Ukraine escalates.
Army: Nigeria Suicide Bombers Kill 15 in Failed Oil Facility Attack
Wednesday, April 02, 2014 Islamist suicide bombers kill 15 people in a failed attack on a state oil company facility in northeast Nigeria, according to the country's military.
Norway Industrial Workers Avert Strike With Wage Deal
Wednesday, April 02, 2014 Norwegian industrial workers reach a last minute wage deal, averting a strike that would have involved some of the country's top oil services firms, unions and employers say.
Paper: Russia Plans to Build Undersea Gas Pipeline to Crimea
Tuesday, April 01, 2014 Russia plans to build an undersea gas pipeline to Crimea, according to a comments made by Energy Minister Alexander Novak in the Kommersant business newspaper.
Russia's Rosneft, With US Partner Exxon, On Track With LNG Plant
Tuesday, April 01, 2014 Rosneft says it is on track to start production at its first LNG gas plant in the country's far east in 2018-2019, despite East-West tension over Ukraine.
Court Sentence Threatens Eni CEO's Re-Election Hopes
Monday, March 31, 2014 Eni's CEO Paolo Scaroni was sentenced to 3 years in prison.
Petrobras Finds No Evidence Of Bribes In SBM Offshore Probe
Monday, March 31, 2014 Petrobras says an internal investigation of alleged corruption by SBM Offshore NV found no evidence of bribes paid to Petrobras employees.
NOC: Oil Condensate Flows From Wafa Field To Mellitah Port Still Blocked
Sunday, March 30, 2014 Oil condensate flows from Libya's Wafa field to Mellitah, a port in the west of the country, are still blocked, according to the Libya's National Oil Corporation.
Libyan Protesters Block Oil Pipeline To Mellitah Port As Strikes Widen
Thursday, March 27, 2014 Libyan protesters block a pipeline carrying oil condensates from the southwestern al-Wafa oilfield to the Mellitah export port, state-owned NOC says.
Gazprom's Investments for 2014-2016 to be Adjusted for Crimea
Thursday, March 27, 2014 Gazprom is ordered by the Russian government to amend its investment program for 2014-2016 to include investments in Crimea, according to news agencies.
JKX Says Ukraine, Russia Operations Continue Without Disruption
Thursday, March 27, 2014 Eastern Europe-focused junior producer JKX Oil & Gas says operations are continuing without disruption in Ukraine and Russia.
North Dakota Oilman Urges US Crude Exports To Europe
Wednesday, March 26, 2014 Ending the 40-year ban on US crude exports is the fastest way the American drilling boom could bolster energy security in Europe and Ukraine, Harold Hamm tells lawmakers.
Novatek CEO Sees No Impact of US Sanctions on Yamal LNG Project
Wednesday, March 26, 2014 Novatek CEO Leonid Mikhelson sees no impact of US sanctions on a co-owner off its Yamal LNG project in Russia's far north.
Mexico Detains Oil Executive For Possible Fraud
Monday, March 24, 2014 Mexican authorities detain the owner of a Mexican oil services company who allegedly defrauded Citigroup and may have used his professional soccer team to launder money, a top official says.
Greenpeace Protestors Scale Exxon Rig in Norway
Monday, March 24, 2014 Greenpeace uses 25th anniversary of Exxon Valdez oil spill to highlight 'dangers' of Exxon's and Rosneft's collaboration in the Russian Arctic.
Putin Pledges Supports For Sanctions-Hit Lender To Energy Sector
Friday, March 21, 2014 President Putin pledges his support for Bank Rossiya, a lender hit by US sanctions which mainly serves clients in Russia's energy sector including businesses owned by Gazprom.
South Sudan Oil Output Steady, Unity Fields Still Halted
Wednesday, March 19, 2014 South Sudan's oil production holds steady at approximately 160,000 barrels per day.
Rosneft Warns West Over Crimea Sanctions, Woos Japan
Wednesday, March 19, 2014 Russian state energy company Rosneft warns the West against expanding sanctions over the Crimea region's annexation.
Despite Opposition, Many Landowners Await Pipeline
Tuesday, March 18, 2014 If the proposed Keystone XL oil pipeline gains approval, Ronald Weber will watch from his farmhouse as workers lay the line beneath his cropland in Nebraska.
Rosneft CEO Says Russian Business May Turn Elsewhere over Sanctions
Tuesday, March 18, 2014 Rosneft CEO Igor Sechin says Russian business could turn elsewhere in the case of Western sanctions over Ukraine.
Gazprom Proposes Oil, Gas Development in Crimea
Tuesday, March 18, 2014 Russia's state-owned Gazprom wants to develop Crimea's oil and gas sector, according to an official of the Ukrainian region that is set to join the Russian Federation.
Pentagon: U.S. Navy SEALs Board Tanker Hijacked in Libya
Monday, March 17, 2014 US Navy SEALs board oil tanker that was hijacked earlier this month at a Libyan port.
Visa Ban on Russian Energy CEOs Could Backfire
Friday, March 14, 2014 A possible ban on visas for the heads of Russia's two biggest energy firms, Rosneft and Gazprom, may hamper their international partnerships but also harm their Western partners and push the two towards the East.
Russia, Gazprom Should Take Care of Crimea's Oil, Gas Production
Thursday, March 13, 2014 Gazprom should be involved in Crimea's oil and gas production, the speaker of Crimea's parliament tells Russia's RIA news agency.
Ship Leaves Libya Rebel Port Carrying Oil, Official and Gunmen Say
Tuesday, March 11, 2014 A North Korean-flagged tanker with crude oil loaded at a rebel-held port in eastern Libya is now in international waters, according to rebels and a state oil company official.
Paper: EC to Delay Russian South Stream Gas Pipeline Talks
Monday, March 10, 2014 The EU Energy Commissioner will delay talks with Russia on the South Stream gas pipeline project due to the crisis in Crimea.
North Korea-Flagged Ship Finishes Loading Oil at Libya Rebel Port
Monday, March 10, 2014 A North Korean-flagged tanker loads up with crude oil at the Libyan rebel-held port of Es Sider, with the Libyan government threatening to bomb the ship.
Chad Oil Drilling Workers Start Three-Day Strike over Pay
Sunday, March 09, 2014 1,600 workers in Chad's oil exploration sector begin a three-day strike.
Campaigners Highlight 'Shortcomings' of Irish Oil, Gas Tax Regime
Friday, March 07, 2014 As Ireland's energy minister appoints Wood Mackenzie to advise on the country's tax regime for oil and gas, campaign group Own Our Oil calls for an overhaul of how the industry is taxed and regulated.
BP Shelves Onshore Exploration In Libya As Instability Grows
Thursday, March 06, 2014 BP says it mothballed plans to explore in Libya's Ghadames basin because of security concerns, the latest in a series of companies to rethink their projects amid growing instability.
Britain Far from Primed for Shale Gas Exploration, Experts Say
Wednesday, March 05, 2014 Britain's lack of onshore drilling infrastructure and local opposition will impede the development of shale gas exploration, according to speakers at the Shale UK conference.
Russia's Energy Minister Cancels Amid Tensions in Ukraine
Monday, March 03, 2014 Alexander Novak pulls out of energy conference amid tensions in Ukraine.
South Sudan Says in Control of Main Oil Fields, Output Steady
Sunday, March 02, 2014 South Sudan oil minister says the government is in control of oilfields in the main producing area of Upper Nile state.
OMV's Quarterly Profit Halves As Libya Unrest Cuts Output
Wednesday, February 19, 2014 OMV's 4Q operating profit more than halved as production and sales in Libya dropped to almost nothing due to repeated disruption from oil-field protests and port blockades.