oil Tag

Shell has filed a criminal complaint in the Netherlands against a former employee in connection with a 2011 oil deal in Nigeria, a company spokesman said Wednesday.Read More
The United States imposed restrictions Wednesday on exports of US technical support to the South Sudanese oil industry, warning that it is fuelling the bloody civil war there.Read More
The United States imposed restrictions Wednesday on exports of US technical support to the South Sudanese oil industry, warning that it is fuelling the bloody civil war there.Read More
Washington (AFP) The United States imposed restrictions Wednesday on exports of US technical support to the South Sudanese oil industry, warning that it is fuelling the bloody civil war there. State Department spokeswoman Heather Nauert said exporters will henceforth need a license to export, re-export or transfer US technology or equipment to 15 “South Sudanese oil-related entities.” The names of the companies will be added to a US Commerce Department list on Thursday, but South Sudan’s oil is largely exploited though joint ventures between state-owned Nilepet and Chinese, Indian andRead More
Nigeria was on Friday urged to re-open investigations into 89 oil spills in its southern delta region, after claims that Shell and ENI misreported the causes.Read More
Lagos (AFP) Nigeria was on Friday urged to re-open investigations into 89 oil spills in its southern delta region, after claims that Shell and ENI misreported the causes. Rights group Amnesty International said there were “reasonable doubts” about how the spills happened, suggesting corrosion rather than oil theft were behind the pollution. A total of 46 spills came from pipelines operated by Shell’s local subsidiary, the Shell Petroleum Development Company of Nigeria, and 43 from ENI’s Nigerian Agip Oil Company, it added. The call was made after crowd-sourced analysis ofRead More
Libya's navy has seized an oil tanker suspected of illegally loading fuel and arrested its Greek crew, a navy spokesman said Thursday.Read More
Tripoli (AFP) Libya’s navy has seized an oil tanker suspected of illegally loading fuel and arrested its Greek crew, a navy spokesman said Thursday. The tanker was intercepted on Wednesday evening off Libya’s western coast, about eight nautical miles from the Abu Kamash oil plant, said spokesman Ayoub Kacem. Abu Kamash is the site of one of the oil-rich North African country’s largest petrochemical complexes, west of Tripoli and near the Tunisian border. The Togolese-registered ship, Lamar, was spotted in Libyan territorial waters “without authorisation… and in a suspicious areaRead More
Angolan businesswoman Isabel dos Santos, daughter of former president Jose Eduardo dos Santos, on Monday denied claims that she presided over corruption when she ran state oil giant Sonangol.Read More
A trial for oil giants Eni and Shell over bribery and corruption allegations in the purchase of an offshore oilfield in Nigeria was delayed for two months on Monday.Read More