Oil and Gas

EXCLUSIVE
Lawyer who signed gas contract for Nigeria to share $11b damages against it
Grace Taiga is one of three Nigerians who stand to make money if the court orders Nigeria to pay the landmark award.
Published On 22 Sep 2023
US in ‘regular contact’ with Saudi Arabia over global oil supplies
Constant discussions aim to ensure a ‘stable and affordable supply of energy to global markets’, White House says.
Published On 16 Sep 2023
US confirms seizing Iranian oil cargo earlier this year
The Biden administration says it is seeking civil forfeiture of nearly one million barrels of seized Iranian oil.
Published On 8 Sep 2023
Biden administration cancels oil and gas leases in Arctic wildlife refuge
The move comes as the Biden administration seeks to expand protections against oil and gas development on public lands.
Published On 6 Sep 2023

Raisi says the project has been completed years ahead of plan and saved a lot of money by transporting an existing rig.

Turkish FM discussed oil exports blocked by Turkey in March after a longstanding arbitration case filed by Baghdad.

Israel restricts gas exports but energy minister says increase will boost revenues and diplomatic ties.

Nearly 60 percent of voters back a push to halt to drilling in Yasuni National Park, a victory for environmental groups.

The drilling became possible after a US-mediated deal settled a maritime border dispute in Lebanese and Israeli waters.

The offshore field, known as Arash in Iran and Dorra in Kuwait and Saudi Arabia, has long been a source of contention.

On Sunday, the regional bloc had imposed severe sanctions on Niger after last week’s overthrow of President Bazoum.

Protest held after the government commits to granting hundreds of licences for North Sea oil and gas extraction.

Iran said it will pursue its interests over the Dorra-Arash field if Saudi Arabia and Kuwait shun cooperation.

The war in Ukraine, heatwaves and export bans on essential staples – threats to food supplies are rising once again.

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