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East Libya breakaway blocks bid to reopen oil ports
Efforts to revive Libya's oil industry, crippled by militia fighting and post-revolution chaos, have suffered a major setback with a unilateral declaration of a self-rule by the oil-rich Cyrenaica region in the oil-rich east. ... more
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PetroChina to pay $2.6 bn for Peru oil and gas assets
PetroChina will pay $2.6 billion to acquire oil and gas interests in Peru, the company said Wednesday, in China's latest move to secure crucial energy supplies. ... more
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Briton hurt in Iraq oilfield row over 'Shiite insult'
Residents angry over alleged religious insults beat up a Briton working at an energy company camp in southern Iraq, days after another firm suspended operations over secular unrest, officials said Tuesday. ... more
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Report: Eni seeking $10B in gas price adjustments from Statoil
Italian multinational Eni is asking for $10.1 billion in damages from Norway's Statoil for alleged natural gas overcharges, a Norwegian media report said. ... more
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