US | Egypt Oil & Gas - Part 23

Western Oil Workers in Danger in Saudi, US Embassy Declares

The U.S. Embassy in Riyadh canceled all consular services Sunday and Monday in the Saudi capital, as well as in Jeddah and Dhahran, amid heightened security concerns.

Iran: Steadfast Over Nuclear Power, Sorting Details Out with US

Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi stressed that Iran's redlines for any final nuclear deal with the Group 5+1 (the US, Russia, China, Britain and France plus Germany) remain uncha ...

US Courts Still in Deadlock Over BP Spill-Size Decision

The U.S. is fighting a judge’s decision that shaved more than $4 billion off the maximum pollution penalties BP Plc must pay for its 2010 Gulf of Mexico disaster, the biggest offshore oil discharge in U.S. history.

Oil Prices Recover as Netanyahu Speaks to US Against Iranian Deal

Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, while rival Libyan forces targeted oil terminals in the African n ...

US President Vetoes Keystone XL Pipeline Bill

Defying the Republican-run Congress, President Barack Obama rejected a bill Tuesday to approve construction of the Keystone XL oil pipeline, wielding his veto power for only the third time in his presidency.

“No drama” for Keystone XL Pipeline Veto

The White House said Monday that President Obama doesn't plan on drumming up "a lot of drama or fanfare" when he vetoes legislation that would approve the Keystone XL pipeline.

Iran Parliamentarians to Impose Energy Sanctions on Europe

A large number of Iranian MPs are planning to prepare a bill to impose energy sanctions on the European countries, a lawmaker announced on Sunday.

New Offshore Rig Training Facility to be Opened by BP and Maersk

BP and Maersk training announced they are working together to provide offshore rig crew training in Houston. BP awarded Maersk, which has doubled its training operations in the last three years, a five-year training ...

BP Loses Appeal for Reduction in Oil Spill Fines

A federal judge has rejected an attempt by BP to lower the fines it faces from its catastrophic Gulf of Mexico oil spill in 2010.

Baker Hughes, Halliburton Issue Joint Proxy Statement

Halliburton and Baker Hughes have issued a joint proxy statement/prospectus relating to the merger of Baker Hughes into a wholly owned subsidiary of Halliburton.

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