Legal News

Top Tanzania Officials Arrested in Row over Oil, Gas Contracts
Tanzania >> 11/4/2014 - Top officials at Tanzania’s state-owned oil agency were arrested this week on charges of failing to release to parliament oil and gas contracts the government signed with foreign and local investors. ...
Tullow Receives Judgment in its Favour Following Appeal by Heritage
Uganda >> 7/23/2014 - Tullow Oil plc (Tullow) is pleased to announce that Tullow Uganda Limited, its Ugandan subsidiary, has received judgment in its favour in the proceedings against Heritage Oil and Gas Ltd and Heritage ...
Kenya Wants Parliament to Approve New Energy Law by October
Kenya >> 6/25/2014 - Kenya wants parliament to approve its revised petroleum law before October, its energy minister said, clearing a hurdle to opening up more blocks to explorers. Oil discoveries in Uganda and Kenya by B...
Interoil Loses Arbitration Case in Peru
Peru >> 4/1/2014 - An ICC arbitral tribunal has ruled against Interoil Peru SA (Interoil Peru). Interoil expects to continue operating blocks III and IV under a 12-month license contract and aims to participate in the c...
INEOS Announces Legal Action Against Sinopec and Sinopec Subsidiaries
China >> 3/21/2014 - INEOS, the fourth largest chemical company in the world, has today announced that it is taking legal action against a number of Sinopec and Sinopec subsidiaries (SNEC, Anqing and others) for breach of...
Kenya Delays Energy Bill until June 2014
Kenya >> 1/8/2014 - Kenya has pushed back the first draft of its revised laws on the petroleum sector for parliament's approval to June, as east Africa's biggest economy prepares to exploit its oil finds. Energy and Petr...
Tanzania's Cabinet Approves Final Natural Gas Policy
Tanzania >> 11/19/2013 - Tanzania's cabinet has approved a long-delayed natural gas policy part of new rules for the country's fast-growing gas industry that will impose tough conditions on foreign companies and ensure the do...
Tanzania Outlines New Oil and Gas Production Terms
Tanzania >> 11/4/2013 - Tanzania has introduced new production sharing agreement (PSA) terms that experts said toughen some of the conditions for energy firms seeking to explore and develop the east African nation's big gas ...
Dana Gas Started Arbitration Proceedings Against KRG
Iraq >> 10/22/2013 - Dana Gas discloses that, along with Crescent Petroleum and the Pearl Petroleum consortium (which holds petroleum rights in the Kurdistan Region of Iraq), it has commenced arbitration proceedings at th...
Angola Set to Impose up to 10% Tax on Oil Companies
Angola >> 10/14/2013 - Angola, Africa’s largest oil producer after Nigeria, is imposing a consumption tax on petroleum companies that will raise some costs by as much as 10 percent, according to government documents. The la...
Somalia’s Federal Government Calls Oil Permits Invalid
Somalia >> 10/7/2013 - Somalia’s federal government, seeking to reassert control over the war-ravaged country, said oil exploration licenses issued by regional governments in the Somaliland and Puntland regions of country a...
Kenya Energy Law Ready for Parliament by November
Kenya >> 8/30/2013 - Kenya expects the first draft of its revised laws on the petroleum sector to be ready for parliament's approval by November, a senior government official said, as it prepares to tap its oil discoverie...
South Sudan Passes Oil Bill & Waits President's Approval
South Sudan >> 8/26/2013 - South Sudan's parliament has passed a long-awaited petroleum bill after years of consultation and waits for final approval by President Salva Kiir, a senior lawmaker said. Officials hope the bill, whi...
Greenpeace Defies Russian Attempt to Prevent Arctic Oil Protest
Russia >> 8/24/2013 - The Greenpeace ship Arctic Sunrise entered the Northern Sea Route (NSR) off Russia’s coastline to protest against Arctic oil drilling, in defiance of Russian authorities who this week refused the ship...
Saipem Says 79 Mln Euros Frozen in Algeria Probe
Algeria >> 4/3/2013 - Italian oil service group Saipem has 79 million euros ($101 million) of funds frozen in Algeria in connection with an investigation into allegations of price inflation, the company said. ...
Italian Vineyard May Hold Clues in Eni Bribery Probe
Algeria >> 3/6/2013 - An Italian investigation into suspected bribery by workers at energy firm Eni and its Saipem unit to secure Algerian oil and gas industry contracts has led prosecutors to a vineyard outside Naples par...
Edison Wins Arbitration with ENI on Libyan Gas
Libya >> 10/1/2012 - The Court of Arbitration of the ICC – International Chamber of Commerce - has notified to Edison the award related to the dispute between Edison and ENI for the revision of the price of the long term ...

Events Executive Recruiting General Legal Petroleum Associations Professional Associations Sourcing & Procurement
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.