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Oil & Gas

Protests against foreign energy workers spreads

February 4, 2009
Wildcat strikes against foreign workers spread through oil refineries and other energy facilities, fueled by fears of rising job cuts. According to the AFP, a protest started at the
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Bolivia takes full control of Chaco gas

January 26, 2009
President Evo Morales announced that the government will take full control of Empresa Petrolera Chaco SA, a Bolivian subsidiary of the British company BP, after talks to purchase a majority
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Venezuela seeks investments from Big Oil

January 16, 2009
Squeezed by slumping crude prices, Venezuela is reaching out to the multinational oil companies it once demonized as imperialist profiteers. Venezuela is soliciting bids from the world''s major oil companies
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Qatar liquid gas plant shut down; probe under way

January 16, 2009
Investigators in Qatar are trying to determine what caused a breakdown that has halted about a third of the country''s liquefied natural gas output, as reported by the Associated Press.
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BPZ Resources, Shell end Peru development talks

January 13, 2009
Oil and gas exploration and production company BPZ Resources Inc. has ended talks with Royal Dutch Shell PLC about jointly developing properties in northwest Peru, and signed a seven-year, $1.3
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Russia stops all gas supply to Europe via Ukraine

January 8, 2009
Russia cut off all gas supplies to Europe through Ukraine, playing hardball in a weeklong standoff that has left more than a dozen countries struggling to cope with dwindling
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Iraq to offer 10 fields in 2nd oil licensing round

December 30, 2008
Iraq’s oil minister announced that Iraq will offer 10 undeveloped or underdeveloped gas and oil fields in its second postwar licensing round, as reported by the Associated Press. Hussein al-Shahristani
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Amazon pollution case could cost Chevron billions

December 22, 2008
A Rhode Island-sized expanse of what was once pristine Amazon rainforest is crisscrossed with oil wells and pipeline grids built by Texaco Inc. a generation ago. For the past 15
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Iraq appeals to oil companies for investment

December 10, 2008
The Iraqi oil minister said his country is now safe for business and desperately needs help in rebuilding its devastated oil infrastructure, as reported by the Associated Press. Billions of dollars
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Citi fund buying Spanish highways for $10 billion

December 1, 2008
A Citigroup infrastructure fund is bidding 7.9 billion euros to buy a Spanish highway operating firm, according to MarketWatch. Citi Infrastructure Partners is buying most of Itinere Infraestructuras from Sacyr
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