Results35 articles shown
Norwegian Oil Drillers Call in Mediator after Wage Talks Fail
Friday, May 22, 2015 Wage talks involving thousands of Norwegian offshore oil workers break down, raising the risk of a strike that could disrupt oil exploration and efforts to raise production.
Exxon Deploys More Sanction Watchers as Iran Nuke Deal Looms
Friday, May 22, 2015 ExxonMobil is ramping up efforts to track US government work on Iranian sanctions that have locked out American oil companies from the Middle Eastern nation for more than three decades.
Unite Joins GMB in Calling for North Sea Strike Action
Friday, May 22, 2015 In a statement to Rigzone, UK trade union Unite states that it will issue a legal notice to the OCA.
GMB Union Calls for Strike Action in UK North Sea
Thursday, May 21, 2015 GMB announces a strike ballot will go ahead after talks failed to resolve a dispute over changes to terms for UK offshore workers.
South Sudan Rebels Say Capture Oil Refinery, Tell Firms to Leave
Tuesday, May 19, 2015 South Sudanese rebels say they have captured a refinery near a major oilfield in Upper Nile State and tell firms there to evacuate staff.
Shell Reopens Bonny Light Crude Export Pipeline
Monday, May 18, 2015 Shell reopens the Trans Nigeria pipeline that feeds Bonny Light crude oil to the export terminal.
OMV Warns On Libya, Yemen As Profit Hit By Oil Slump
Monday, May 18, 2015 OMV says it is unlikely to resume production in war-torn Libya or Yemen before winter.
Oil Prices Rise After Islamic State Advances in Iraq
Monday, May 18, 2015 Islamic State militants seize control of the key city of Ramadi in western Iraq, raising fears of deeper turmoil in the oil-producing country.
Iraqi Refinery May be Destroyed in Battle to Save it
Wednesday, May 13, 2015 Islamic State militants dig trenches around natural gas and hydrogen tanks at Iraq's largest refinery, raising the stakes in a battle of the refinery.
CEO: Colombia's Ecopetrol Oil Output Rises Due to Fewer Bomb Attacks
Monday, May 11, 2015 Oil output at Colombia's state-run oil producer Ecopetrol SA has been higher than expected so far this year due to fewer bomb attacks on its pipelines, Chief Executive Officer Juan Carlos Echeverry said.
Bourbon Says Three Kidnapped Crew Members Released
Monday, May 11, 2015 French oil services company Bourbon says that the three Nigerian crew members kidnapped after one of its speedboats was boarded off the Nigerian coast on April 8 had been released.
Saudi, Kuwait to Shut Joint Oilfield for 2 Weeks - Kuwaiti Source
Monday, May 11, 2015 A jointly operated onshore oilfield between Saudi Arabia and Kuwait will shut for two weeks of maintenance, a Kuwaiti industry source said, a move apparently aimed at giving the Gulf OPEC allies more time to solve a long-standing dispute.
Cuba Insists It Has Oil; US Companies Still Uninterested
Wednesday, May 06, 2015 Cuba unveils new data confirming billions of barrels of oil beneath its Gulf of Mexico waters but admits there is little interest in new exploration.
Shell Pushes on with Arctic Exploration as it Awaits US Permit
Thursday, April 30, 2015 Royal Dutch Shell pushes ahead with plans to explore for oil in the Arctic Ocean near Alaska in spite of opposition from environmental groups.
Libyan Chaos Threatens More Oilfields, Power Supply & Gas Exports To Italy
Wednesday, April 29, 2015 Libyan protesters have shut down an eastern gas field and threaten to close the western Wafa oil and gas field, which would stop gas exports to Italy, a spokesman for state oil firm NOC says.
Libya's El Feel Oilfield Still Closed Due to Strike
Wednesday, April 29, 2015 Libya's western El Feel oilfield is still closed due to a strike by security guards.
Enterprise Products Wins Verdict against Energy Transfer Partners
Friday, April 24, 2015 A Houston district court jury finds Energy Transfer Partners breached its contract with competitor Enterprise Products Partners LP.
Chesapeake Reaches $25M Michigan Settlement Over Leasing Charges
Friday, April 24, 2015 Chesapeake will create a $25 million compensation fund as part of a settlement of antitrust, fraud and racketeering charges brought by the state of Michigan.
CEO: Shell's Brazil Strategy Factors In Petrobras Scandal
Thursday, April 23, 2015 Shell has taken into account the risks presented by the Petrobras graft scandal to its expanding operations in Brazil and is confident the Brazilian state-run oil company will emerge stronger.
China Defends Vessels' Actions Against Philippines in South China Sea
Wednesday, April 22, 2015 China defends the actions of its vessels in the disputed South China Sea after the Philippines accused China's coast guard of using water cannon on Philippine fishing boats and urged Manila to increase its "education" of its fishermen.
Venezuela Wants Oil Firm Harvest Out, If It Can Find Deep-Pocketed Buyer
Monday, April 20, 2015 Venezuela would prefer Harvest Natural Resources to leave the country, but wants it to sell a project stake to a company with financial muscle to make major investments, PDVSA says.
Saudi Arabia on Alert Over Possible Oil or Mall Attack
Monday, April 20, 2015 Saudi Arabia has put security forces on alert for a possible militant attack on a shopping mall or energy installation, Interior Ministry spokesman Mansour Turki says.
Seadrill Unit's Deal with Russia's Rosneft Postponed Again
Friday, April 17, 2015 Seadrill subsidiary North Atlantic Drilling delays closing a cooperation deal with Rosneft amid western sanctions against Russia.
Military Withdraws from Yemen Oilfields, Hands Security to Tribes
Friday, April 17, 2015 Yemen's military hands over security responsibilities for the Masila oilfields to local armed tribes.
Watchdog: Nearly Half Colombia Oil Companies At Risk Of Insolvency
Thursday, April 16, 2015 Forty-three percent of companies in Colombia's oil sector are at high risk of going bankrupt as the industry reels from the recent halving of oil prices, according to a recent survey.
Yemen LNG Declares Force Majeure, Halts Production Over Worsening Security
Tuesday, April 14, 2015 Yemen's liquefied natural gas (LNG) plant declares force majeure due worsening security and has halted all production at the plant.
Brazil's Rousseff Says Petrobras Has Cleaned Up Corruption
Thursday, April 09, 2015 Petrobras has purged corrupt managers and put a graft scandal behind it, while hitting record output levels from off-shore deposits, Brazil's President Dilma Rousseff says.
Canadian Oil Company to Liquidate Due to Crisis in Yemen
Thursday, April 09, 2015 Canada's oil and gas producer Calvalley Petroleum says it will liquidate due to the political crisis in Yemen where most of its operations are located.
Brazil's Engevix Takes Step Towards Petrobras Leniency Deal
Friday, April 03, 2015 Engevix Engenharia says it has made progress towards signing a leniency deal with the country's comptroller general.
Brazil Comptroller Probes Five More Contractors In Petrobras Scandal
Wednesday, April 01, 2015 Brazil's office of the comptroller general says it added another 5 construction and engineering firms to an investigation of contractors that allegedly participated in a corruption ring at Petrobras.
BP Faces Investor Discontent Over CEO Dudley's 2014 Pay
Wednesday, April 01, 2015 Two leading consultants have urged BP shareholders to vote against CEO Dudley's $12.7 million 2014 pay, saying it was not in line with the energy major's poor performance.
Total Evacuated Expatriate Staff from Yemen Sites
Monday, March 30, 2015 Total says it had evacuated all expatriate staff from Saana and Kharir in Yemen, although the sites have not been hit by an overnight military raid by Saudi-led forces against Houthi forces.
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.
|Brent Crude Oil :||$66.54/BBL||2.32%|
|Light Crude Oil :||$60.72/BBL||2.95%|
|Natural Gas :||$2.95/MMBtu||1.02%|
|Updated in last 24 hours|