News / International
Petrobras Board Elects New CEO, Executive Officers
The Petrobras board of directors has elected Aldemir Bendine as CEO. He succeeds Maria das Graças Silva Foster, who will also be leaving the company’s board of directors.
Natural Gas Waste Bill to be Introduced in North Dakota’s Senate
North Dakota's Senate is considering legislation that would drastically cut the time oil companies can burn off and waste natural gas from an oil well.
Saipem Awarded Offshore Kazakhstan Field
Saipem, through its subsidiary ERSAI Caspian Contractor LLC, has been awarded a major new Engineering & Construction contract for the Kashagan field project, located in the Kazakh waters of the Caspian Sea, valued at approximately $1.8 billion.
US to Offer Over 41 Million Exploration Acres in Gulf of Mexico
As part of the Obama Administration’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper today announced that Interior will offer 41.2 million acres for oil and gas exploration and development in the Gulf of Mexico in a March lease sale.
Houthis Seek Control of Strategic Strait
Attention is increasingly fixed on the Houthis’ advance in Yemen. Since last summer, the rebel group has laid siege to the capital Sanaa. Last month, they seized the presidential palace. This past weekend, they took over the government and dismissed parliament.
Libya’s Hariga Oil Export Port Shuts Down by Strike
Libya's eastern oil export port Hariga shut down due to a strike of security guards, a port official said on Sunday.
Sonatrach Implements Fracking in Southern Algeria Despite Backslash
The head of state-owned oil company Sonatrach said Sunday that gas exploration in southern Algeria would not be halted despite protests by residents against the use of hydraulic fracturing, or "fracking."
Kurdish Oil Exports Localized
Oil producers in Iraqi Kurdistan, including Gulf Keystone Petroleum and Genel, have started ramping up deliveries to the local market at the expense of foreign sales after months of unpaid export bills.
