Oil | Egypt Oil & Gas - Part 70
Gulf of Mexico Oil Platform Catches Fire, No Injuries Reported
A small offshore oil platform caught fire in shallow water near the coast of Louisiana on Friday and a sheen was seen in the sea after workers were evacuated, officials said.
Staff is Back at Oil Fields After Fighting in South Sudan
Staff at South Sudan’s largest oil hub are returning to work after fighting between the army and rebel forces prompted a group of them to temporarily evacuate, the East African country’s government said.
Nigerian Youths Close Down OML 29 in Nembe
Nigerian youths shut down crude oil production at two flow stations of the OML 29 (oil mining licence) oil block near Nembe in Bayelsa state at around 10 a.m. (0900 GMT) on Friday.
Nigeria Oil Workers Threaten to Close OML 42 field
Nigerian oil workers will go on strike to halt a small field if the government does not meet with them by the end of the week, a spokesman for Nigeria's main oil workers' union told Reuters on Tuesday.
After Deepwater Horizon Disaster, BP’s Strategy Shits to the East
As 2011 dawned, BP was desperate to turn the page. For nine months, the crisis-stricken oil major had been weathering the US fallout from the Deepwater Horizon disaster, which killed 11 workers and caused the largest ...
Removal of Nigeria’s oil Subsidies Will Be a Challenge
Nigeria's crippling fuel shortages are unlikely to ease any time soon and much-needed deregulation of the subsidised market would be a fraught process, the chief executive of energy company Sahara Group said on Wedne ...
Exxon Mobil Makes ‘Significant’ Oil Discovery Off Guyana Coast
Exxon Mobil Corp. confirmed Wednesday that it has made what it calls a "significant" oil discovery off Guyana in waters also claimed by Venezuelaas part of a long-running border dispute between the South American cou ...
Oil Market Copes with Storage Limits as Demand Soars
The oil market is coping with storage capacity limits because demand for products such as petrol has been unexpectedly strong, says a senior executive at the world’s biggest independent oil trader.
