International
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…
Iraq/Kuwait: Iraq Seeks Delay in $4.6 Bln Reparation to Kuwait Amid Oil Price Crash
Dec 13, 2014
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Sputnik
Ekaterina Blinova — Seriously affected by sliding oil prices and the war with the Islamic State, Iraq is asking Kuwait for a postponement in its $4.6 billion payment of reparations for the…
South China Sea Dispute: Philippines and Vietnam Allies in Position Papers against China
Dec 13, 2014
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Michelle Flor Cruz, International Business Times
Vietnam and the Philippines expressed support for each other this week against claims made by China in the hotly disputed South China Sea area. The…
Sierra Leone: Ebola’s Spread in Sierra Leone Puts Diamond Mines at Risk
Dec 12, 2014
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Thomas Biesheuvel and Makiko Kitamura, Bloomberg
As Ebola rages in Sierra Leone, the outbreak has claimed almost 2,000 lives and contributed to the collapse of the iron ore industry. Now the…
South Sudan: Protecting Wildlife in South Sudan’s Civil War – Reddit AMA Highlights
Dec 12, 2014
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Maeve Shearlaw, The Guardian
As well as having a devastating effect on the human population, South Sudan’s prolonged civil war is endangering the future of its wildlife. Elephants, giraffes,…
Conflict Minerals: SEC Argues Its Conflict Minerals Rule Survives First Amendment Scrutiny
Dec 12, 2014
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Yin Wilczek, Bloomberg BNA
The Securities and Exchange Commission Dec. 8 told a panel of the U.S. Court of Appeals for the District of Columbia that it should uphold…
China/Philippines/Vietnam/South China Sea: South China Sea Tensions Flare as Vietnam Files Stance to Court
Dec 12, 2014
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Diep Ngoc Pham and John Boudreau, Bloomberg
Tensions over the South China Sea were reignited after Vietnam said it had submitted its stance on the dispute to the international arbitration tribunal reviewing…
Liberia: Four Oil Blocks 'Lease' Postpones Capitol Recess
Dec 12, 2014
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Leroy M. Sonpon, III, Liberian Observer
The Liberian Legislature has extended its Special Session by one week, upon a request from President Ellen Johnson Sirleaf on the pending submission of four…