News / International
Hormuz Bypass Oil Pipeline Is Delayed
A pipeline that would allow oil from the United Arab Emirates to bypass the Strait of Hormuz separating it from Iran has been delayed because of construction difficulties, two people with knowledge of the matter said. Nigerian Workers Start Strike That May Disrupt Oil Exports
Nigerian workers began a national strike after fuel costs more than doubled, threatening to shut ports and disrupt output from Royal Dutch Shell Plc and Chevron Corp. in Africa’s largest crude producer. South Sudan President Accuses Khartoum of Stealing Its Oil
The president of South Sudan Salva Kiir accused the Sudanese government of stealing his country's oil in a new sign of escalation between the two ex-foes. KPC announces LNG prices for January
The Kuwait Petroleum Corporation (KPCKPC) announced Tuesday the Liquefied Natural Gas (LNG) prices - propane and butane - for January. Libya’s al-Sedr oil port resumes operations
Libya's al-Sedr oil port has resumed operations and will see the first oil shipment sail on Tuesday or earlier, an official from Waha Oil Co said, months after the terminal stopped running during a civil war that ended Muammar Gaddafi's rule. Indonesia to raise Tangguh gas price to $5-$7
Indonesia wants to as much as double the price for gas it sells from its Tangguh liquefied natural gas plant to China National Offshore Oil Corp's (CNOOC) Fujian LNG terminal, oil and gas regulator BPMigas said on late Monday. Petrobras announces discovery of new natural gas and light oil accumulation in Espirito Santo
Petrobras announces the discovery of a new light oil and natural gas accumulation in the Golfinho Concession (4-BRSA-1001-ESS). The discovery was made during drilling of well 4-GLF-31-ESS, known as Tambuata. The well is located 74 km off the EspÃrito Santo coast, and 7 km from FPSO Cidade de Vitoria, in the eastern side of Golfinho Field, at a water depth of 1,520 meters. BP provides to exit Sakhalin-5 gas project
BP PLC is to exit the Sakhalin-5 gas project, and Russian state oil company OAO Rosneft will continue working on it on its own, Interfax news agency reported Monday, citing Rosneft Chief Executive Eduard Khudainatov. 
