International
Iraq/Kurdistan: Iraq Says to Start Work on Final Oil Deal with Kurdish Region in Weeks
Dec 22, 2014
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Rania El Gamal, Reuters
Iraq's Kurdish region will continue to export its own crude oil under an initial deal with Baghdad until a comprehensive deal is reached, with work…
South Sudan: War-Torn South Sudan Under Economic Attack from Fall in Oil Price
Dec 21, 2014
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Javier Blas and Katrina Mansion, Financial Times
War-torn South Sudan is receiving what traders say is arguably the lowest oil price in the world, $20-$25 a barrel, because of falling prices and…
Iraq: Islamic State Once Again Blockades Iraq's Biyi Oil Refinery
Dec 21, 2014
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Fox News Latino
The jihadist Islamic State on the weekend reimposed its blockade on the Iraqi oil refinery of Biyi, in northern Saladdin province, after clashes with the…
South Sudan/Sudan: Unity State Authorities Accuse Sudan Companies of Mining in S Sudan
Dec 20, 2014
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Radio Tamazuj
The commissioner of Pariang County, Unity State accused Sudanese oil and mining companies of illegal mining and drilling in South Sudanese territory.
Commissioner Monylang Manyiel said…
Bangladesh: ‘Land Grabbing Is The Reason Behind Every Attack in The CHT’
Dec 20, 2014
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Abid Azad, Dhaka Tribune
Land grabbing is the main reason for the arson attack this Victory Day on homes, shops and a temple belonging to non-Bangalis in Naniarchar upazilla…
Israel/Lebanon: UN Asks Israel to Pay Lebanon $850m over Oil Spill
Dec 20, 2014
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BBC
The UN General Assembly has passed a resolution asking Israel to pay Lebanon more than $850m (£544m) for a major oil spill during Israel's 2006…
Syria: Exclusive: Iran's Support for Syria Tested by Oil Price Drop
Dec 19, 2014
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Suleiman Al-Khalidi, Reuters
Syrian businessmen and trade officials say they are worried the economic lifeline provided by Iran is under strain from plunging oil prices, despite public messages…
Liberia: Legislature Ratifies Block 16 Oil Agreement
Dec 19, 2014
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Obediah Johnson, Heritage
Monrovia — The 53rd Liberian Legislature has ratified the Production Sharing Contract (PSC) of Liberia offshore oil Block 16 between the Government of Liberia (GoL)…
Iraq/Syria: ISIS News: Turkey 'Seizes 80 Million Litres' of Oil Stolen by Jihadists in Syria, Iraq
Dec 19, 2014
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Gopi Chandra Kharel, International Business Times
Turkey says it has seized over 80 million litres of oil originating from the oil wells controlled by the ISIS group in Iraq and Syria.
Iraq/Kurdistan: KRG Receiving Second $500 Million Oil Payment
Dec 18, 2014
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Patrick Osgood, Iraq Oil Report
The Kurdistan Regional Government (KRG) is receiving a second payment from Baghdad, for oil supplied to Iraq’s federal oil marketing authority under a Nov. 13…
Iraq: Iraq Reviews Oil Revenue Sharing
Dec 18, 2014
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Anthony McAuley, The National
BASRA: Iraq is in talks with its oil-producing governorates, including Basra, about a fairer distribution of revenue, said the oil minister, Adil Abdul-Mahdi. He made the…
Iraq/Kurdistan: Kurdistan Eyes Oil Export Jump in The Shadow of Global Price War
Dec 18, 2014
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Andrew Critchlow, The Telegraph
Falling oil prices and the threat of Islamic State militants have done little to dampen the interest of international oil companies in the autonomous northern…
South Sudan: South Sudan Hires Ex-Blackwater Chief to Restore War-Damaged Oil Facilities
Dec 18, 2014
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Ilya Gridneff, Bloomberg
The former head of U.S. security company Blackwater USA, Erik Prince, was hired by South Sudan to help repair damaged oil facilities and boost output…
Liberia: 'Nocal' - Financial Fallings Prompted Oil Block Bid Rounds
Dec 18, 2014
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Front Page Africa
Monrovia — Amid falling oil prices on the global market and Liberia's lingering delay in finalizing a number of oil blocks negotiations, the National Oil…
Bangladesh: Land Grabbing Attacks on Minorities By Bengali Settlers Continues
Dec 18, 2014
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Asian Tribune
On 16 December 2014, when whole country was celebrating the victory day of the country, indigenous houses and shops were burnt down by Bengali settlers…
Iraq/Kuwait: UPDATE 2-Iraq Wins One-Year Reprieve on Gulf War Reparations Due to Crisis
Dec 18, 2014
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Stephanie Nebehay, Reuters
A United Nations body agreed on Thursday to let Iraq postpone its final payment of reparations to Kuwait for the 1990-91 Gulf War, in an…
Sierra Leone: Jewelers Going Straight to Miners as Diamonds Wane: Commodities
Dec 18, 2014
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Thomas Biesheuvel, Bloomberg
Jewelers who fill up Christmas stockings with diamonds are increasingly doing so by investing in or securing supply deals directly from individual mines, avoiding the…
Iraq: Iraq Could Review Oil-Supply Plans as Price Collapse Deepens
Dec 17, 2014
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Grant Smith, Businessweek
Iraq said a collapse in crude oil and the cost of fighting Islamic State militants could force the country to review its plans to boost…
Liberia: Quardougbondi Citizens Reject LCC Agreement
Dec 17, 2014
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The Inquirer
Lofa County Senator, George T. Tengbeh, has disclosed that citizens of QuardouGboni District have written the central government that they will not allow the management…
Liberia: Hasty Oil Sale - Liberia's Legislature Set to Ratify Block 16
Dec 17, 2014
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Henry Karmo, Front Page Africa
Monrovia: Like the scenario of oil Block 13, the National Legislature is set to ratify oil Block 16 despite the absence of the country's oil…
Iraq/Kurdistan: Kurdistan Regional Government Expects More Oil Investment, as Baghdad Relations Improve
Dec 17, 2014
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Hellenic Shipping News
Foreign oil companies are likely to show increased interest in investing in Iraqi Kurdistan given improving relations between the regional and federal governments, including an…
Iraq: Iraq Seeks One-Year Deferral on Gulf War Reparations
Dec 17, 2014
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Stephanie Nebehay, Reuters
Iraq has requested a one-year deferral of a $4.6 billion reparations payment for destroying Kuwait's oil facilities during its 1990-91 occupation, a U.N. official said…
Côte d’Ivoire: Belgium Lifts Ban On Ivory Coast Diamonds Trade
Dec 16, 2014
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Kathleen Caulderwood, International Business Times
Belgium has lifted a ban on diamonds from the Ivory Coast that’s been in place for more than a decade, after training local officials to…
Sudan: Sudan to Drill Hundreds of Wells to Boost Oil, Gas Reserves -State Media
Dec 16, 2014
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Reuters
Sudan's oil minister says the country will drill more than 250 wells in the coming year, aiming to boost its energy reserves by 65.4 million…
Iraq/Kurdistan: More Kurdish Oil Expected After Field Upgrades
Dec 16, 2014
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Daniel J. Graeber, United Press International
Oil companies working in the Kurdish north of Iraq said Tuesday they completed infrastructure that should increase total production by more than 60 percent.
Hungarian energy…
Conflict Causes: Plunging Oil to Spark More Global Tensions in 2015
Dec 16, 2014
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New Straits Times
LONDON: The oil market faces an uncertain outlook in 2015 as tumbling prices resulting from global oversupply stoke geopolitical tensions in key producers of crude,…
Nepal: From The Mountains to The Sea – Water in South Asia: In Pictures
Dec 16, 2014
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Paula Hanasz, Asia & the Pacific Policy Society
Paula Hanasz goes with the flow of Himalayan rivers as they pass through Nepal, India and on to Bangladesh before releasing into the Bay of…
Iraq/Kurdistan: Kurdistan Boom Turns Bleak on Refugee Flood, Oil Decline
Dec 15, 2014
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Hermione Gee, Channel NewsAsia
ERBIL, Iraq: The promise of the oil-rich autonomous Kurdistan Region of Iraq on the back of rapid economic growth has waned this year as civil…
Sudan: Russia to Get Access to Sudanese Oil Amid Debt Write-Off
Dec 14, 2014
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The Moscow Times
Russia has written off $17 million in debt owed by Sudan and won the promise of access to Sudanese oil and gas resources for Russian companies after an intergovernmental commission meeting in Moscow, news agency…
South Sudan: Conflict in South Sudan a Major Concern for China
Dec 14, 2014
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Itziar Aguirre, Global Risk Insights
On December 15, 2013, fierce fighting broke out in South Sudan’s capital, Juba. Rebel forces loyal to Machar targeted South Sudan’s oil fields, and what…