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OILFIELD ATTACKS
Iraq could restore oil exports to pre-war level within a week if Hormuz reopens, Basra Oil chief saysIraq can quickly restore crude exports to about 3.4 million barrels per day within a week if the war ends and the Strait of Hormuz reopens,...- Iran war: Gas fields become the battlefield. What happens now?The Iran war has entered a dangerous new phase. Energy infrastructure is now a direct target. Attacks on gas fields and refineries are disr...
- Brent crude oil price jumps 5% after Iran's energy facilities come under attackBrent crude prices surged over 4% as Iran's Revolutionary Guards threatened energy facilities in Saudi Arabia, UAE, and Qatar following an ...
- Saudi Aramco reducing output at two oilfields, two sources saySaudi oil giant Aramco is rerouting crude to the Red Sea port of Yanbu. The vital Strait of Hormuz is effectively closed due to the US-Isra...
- Saudi Aramco seeks to reroute crude away from Strait of Hormuz, sources saySaudi Aramco is rerouting oil exports to the Red Sea port of Yanbu. This move aims to bypass the Strait of Hormuz, where shipping is severe...
- OPEC oil output rises in July led by UAE and Saudi, survey findsOPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, although the hike wa...
- Explosion halts production at Sarsang oilfield in Iraqi Kurdistan, engineers sayProduction stopped at the Sarsang oilfield in Iraqi Kurdistan due to an explosion. HKN Energy confirms no injuries. Firefighters are workin...
- Halliburton says expenses incurred in response to August cyber attackThe incident, in which an unauthorised third party accessed and removed information from Halliburton's systems, caused disruptions and limi...
- Halliburton probes impact of cyber attack with law enforcementHalliburton became aware of the cyber attack on Wednesday, it said in its first securities filing about the breach, adding its "ongoing inv...
- Oil rises as Middle East tensions offset economy concernsWhile the Organization of the Petroleum Exporting Countries and allies are cutting production to bolster the market, U.S. crude production ...
- Islamic State 'blows up' Iraq oil wells, kills policeman: OfficialsIraqi Kurdish peshmerga forces took control of Kirkuk, home to key oilfields including Bay Hassan, in June 2014 after federal forces withdr...
- Oil rises on vaccine rollout, concern on Iraq oilfield attackU.S. West Texas Intermediate (WTI) crude futures rose 23 cents, or 0.5%, to $45.75 a barrel at 0200 GMT, while Brent crude futures climbed ...
- India signs pact expressing interest in taking stake in Far East Russian oilfieldsOil Minister Dharmendra Pradhan discussed investment opportunities when he met Igor Sechin, chief executive of Russian oil major Rosneft.
- Air India's monthly fuel bill might spike by Rs 50 cr on higher oil prices: OfficialAccording to the official, the bill could go up by at least Rs 50 crore if the oil prices jump 10 per cent from USD 60 per barrel level on ...
- Drone attack on Saudi oil facilities to hit India's fuel import bill: DBSThe coordinated strikes on Saudi oil fields will hit India's oil import bill, Singapore's DBS Banking Group said.
- China opposes action against Iran after attacks on Saudi oil fieldsIran has denied involvement in the air attacks, which were claimed by Iran-aligned Houthi rebels in Yemen.
- McAfee opens Cyber Defense Center in Dubai to tackle hackingThe launch of the CDC will be an additional tool to help protect customers across the Europe, Middle East and Africa region from emerging t...
- ONGC Videsh Ltd (OVL) to invest $ 1.5 bn in an Iraq oil blockONGC Videsh Ltd may invest over $ 1.5 billion in exploring for oil in a block that was awarded to it by the erstwhile Saddam Hussein regime.
- Oil prices steady in Asia near record highsWorld oil prices held steady on Tuesday in sight of record levels partly over concerns about violence in oil-rich Nigeria and despite a ple...
- Oil higher in Asian trade after Nigeria attackOil prices rose in Asian trade on Friday after the latest attack on an oil installation in Nigeria and on growing expectations that OPEC wi...
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