News / International

Total puts on stream its giant deep offshore Usan project in Nigeria

Total, operator of Block OML138, announces the start-up of production of the offshore Usan field in Nigeria, in line with the planned schedule. Usan is the second deep offshore development operated by Total in Nigeria, coming on stream less than three years after Akpo.

Apollo, Riverstone to pay $7.15 billion for El Paso assets

A consortium led by private equity firms Apollo Global Management (APO.N) and Riverstone Holdings struck a $7.15 billion deal for El Paso Corp's (EP.N) oil and gas exploration and production business in the largest leveraged buyout deal of the year so far.

Oil Trades Near Nine-Month High After Iran Denies Access to UN Inspectors

Oil traded near a nine-month high after United Nations inspectors in Iran were denied access to a suspected nuclear site, raising concern that tensions between OPEC's second-biggest producer and Western nations may escalate.

Iran stops oil sales to British, French companies

Iran has stopped selling crude to British and French companies, the oil ministry said on Sunday, in a retaliatory measure against fresh EU sanctions on the Islamic state's lifeblood, oil.

Sudan seizes 2.4 mln bbls of South’s oil -S.Sudan

Sudan has confiscated 2.4 million barrels of South Sudan's oil, bringing the total volume of crude Khartoum has seized in a row over oil transit fees to more than 6 million barrels since December, a South Sudanese official said on Tuesday.

Eni: new giant gas discovery in the offshore Mozambique

Eni announces a new giant natural gas discovery at the Mamba North 1 prospect, in Area 4 Offshore Mozambique, encountering a mineral potential of 212.5 billion cubic meters (7.5 tcf) of gas in place.

Syria’s Homs refinery pipeline attacked

A major oil pipeline near a large Sunni Muslim district in the Syrian city of Homs has been attacked, causing a fire, according to reports.

Repsol to develop the Reggane North gas fields in Algeria

Repsol and partners Sonatrach, RWE Dea and Edison have been granted authorization from the Algerian national agency ALNAFT (Agence Nationale pour the L'expertise des Hydrocarbures Resources) to develop the North Reggane project in the Algerian Sahara desert.

Fugro bags Pearl GTL maintenance work

Dutch company Fugro has been awarded a five year maitenance contract by supermajor Shell for the Pearl gas-to-liquids facility in Ras Laffan, Qatar.

Turkey sticks with Iran oil after Saudi talks

Turkey has no plans to cut its imports of Iranian oil, remaining a rare loyal customer of Tehran despite rising pressure from international sanctions and initial signals it may buy more Saudi oil, Turkish and Saudi sources told Reuters.

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