News / International
South Sudan to restart oil wells in September, full output in a year
South Sudan hopes to resume oil production in September after reaching an interim agreement with Sudan on oil export fees, but it may take a year to return to full capacity, its top negotiator said on Tuesday. Gulf Keystone Petroleum spuds Gulak-1 exploration well
Gulf Keystone notes announcement by MOL Hungarian Oil and Gas Plc., the operator regarding the spudding of the Gulak-1 exploration well on the Akri-Bijeel block in the Kurdistan Region of Iraq. Shell ‘in talks’ for Anadarko Mozambique stake
Shell has started discussions with Anadarko Petroleum over a bid for the US independent’s gas assets in Mozambique, according to a report. Chevron confirms Kurdistan purchase, sees “promise” there
Chevron Corp confirmed on Thursday its purchase of 80 percent of two blocks in Iraq's Kurdistan, where the second-largest U.S. oil company sees "considerable promise" despite active diplomatic disputes over the region. Baker Hughes, Schlumberger Beat Earnings Expectations
Oilfield service companies Baker Hughes and Schlumberger posted higher than expected earnings thanks to activity growth in the U.S. Gulf of Mexico and international markets that balanced out cyclical weakness in the North American market. Iraq says Premier Oil to join Bashneft in oil block
Britain's Premier Oil PLC is teaming up with Russia's Bashneft to develop Iraq's oil block 12, an Iraqi oil official said on Sunday. Algeria to Ink Partnerships with Shell, Exxon on Shale Gas
Algerian state-run oil company Sonatrach will soon sign partnership agreements with Royal Dutch Shell PLC and Exxon Mobil Corp. on shale gas exploration in the north African country, the firm's chief executive, Abdelhamid Zerguine, said in remarks published Thursday. Libya Slams Shell for Exploration Halt, Record in Country
Libya's state oil company criticized Royal Dutch Shell PLC for its decision to abandon exploration blocks in Libya, and said that Shell "has generally not achieved any encouraging results" in the North African country. 
