News / International
Eni to Weigh Sale of Nigeria Assets Amid Oil Price Drop
Eni SpA, Italy’s largest oil company, is considering selling part or all of its onshore Nigerian operations as it seeks to divest peripheral businesses amid a drop in oil prices, people familiar with the matter said.
Environmental Groups Protest Oil Searching in Florida Wetlands
Renewed hunts for oil in sensitive Florida ecosystems have environmental groups raising questions about the state's regulation of the oil and gas industry.
Shell Icebreaker Takes on Repairs in US State of Oregon
Environmental activists in Portland are protesting the arrival of the Fennica, a vessel that Royal Dutch Shell PLC plans to use in its Arctic offshore drilling project after it's repaired.
Algeria Cuts Spending, Energy Revenues Falls
Algeria will trim spending in its 2015 budget by 1.35 percent, expecting a slump in oil prices to reduce its energy earnings 50 percent, the government said on Thursday.
New S.African Crude Blending Terminal to Supply Asia in 2017
Using the world's first dedicated crude oil blending terminal, South Africa will by 2017 mix different grades of crude oil for export to refineries across Asia, enabling them to produce cleaner fuels more cheaply, an official said on Thursday.
Mexico’s PEMEX Missing Nearly 3m Barrels of Oil
Petroleos Mexicanos seems to have misplaced 2.7 million barrels of oil. Since a deadly blast on April 1 tore through one of its offshore platforms, the state oil giant has baffled industry analysts with its assessment of the damage.
Guyana Searches for Alternatives to Venezuelan Oil
Guyana is considering energy alternatives to the Petrocaribe program as Venezuela fails to meet export quotas and tensions flare between the neighboring countries.
Gulf of Mexico Drilling Rigs Sit Idle
The Gulf of Mexico and the Caribbean Sea have become a garage for deepwater drillships -- at a cost of about $70,000 a day each. It’s either that or send your precious rig to a scrapyard.
