dispute

Egypt to Pay Union Fenosa $2B in Gas Dispute

Egypt will pay $2 billion to Union Fenosa Gas Company as a settlement for halting gas supplies to the company’s Damietta LNG plant in 2012.

Oil Firms Reject Tanzania’s Petroleum Act 2015

Oil firms are in dispute with the Tanzanian government over local content obligations contained in Petroleum Act 2015.

Nigeria: Oil Union Leaders, Government Discuss Strike Issues

Nigeria's government officials held talks with leaders of Nigerian trade union, who are on strike, in efforts to resolve the dispute.

Ecuador Seeking ‘Friendly’ Resolution to Occidental Dispute

Ecuador's President Rafael Correa said on Saturday that his country is in 'friendly' negotiations with Occidental Petroleum Corporation over the payment of a $1.77b award the Latin American nation was ordered to pay ...

Kuwaiti CEO Hails Saudis in Wake of Khafji Oilfield Dispute

Kuwait minister allegedly held Saudi Arabia responsible for financial losses due to oil field closure

Venezuela Demands Guyana Stop Oil Exploration in Disputed Territory

Venezuela's President Nicolas Maduro demanded on Tuesday that neighbouring Guyana stop oil exploration in a disputed offshore territory.

Iran Gas Denies Iranian Report of Underpriced UAE Gas Deal

National Iranian Gas Company (NIGC) has denied reports on negotiations with the United Arab Emirates’ Crescent Petroleum to revive a troubled gas export deal.

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