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Oilgasdaily.com news digest

  • 10 years

    Zhou Yongkang: oil man whose well of power finally ran dry

    Beijing (AFP) July 29, 2014
    Embattled former top Communist Zhou Yongkang rose through China's state oil industry to become the country's internal security chief - and amassed so much power, according to analysts, that he brought about his own downfall. The investigation into him...

  • 10 years

    Norwegian oil production up 6 percent from May

    Stavanger, Norway (UPI) Jul 29, 2013
    Total Norwegian production of oil and associated byproducts was 6 percent higher in June than the previous month, the government said Tuesday. The Norwegian Petroleum Director said preliminary data for June show an average production of around 1.74 million...

  • 10 years

    US ready to seize Kurdish oil from tanker off Texas

    Washington (AFP) July 29, 2014
    US authorities were prepared Tuesday to seize $100 million worth of oil from a tanker anchored off the Texas coast after Iraq's government told a court the oil was taken illegally from the country's Kurdish region. The United Kalavrvta tanker remained...

  • 10 years

    BP has strong second quarter, but worries over Russia

    London (UPI) Jul 29, 2013
    British energy company BP said Tuesday its second quarter profits soared, but any additional sanctions could impact "strategic objectives in Russia." BP reported second quarter replacement cost profits, a measure that eliminates oil price volatility...

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