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The 10 January announcement by Gulf Keystone Petroleum (GKP) that the third-party assignment options held by the Kurdistan Regional Government (KRG) in the Shaikan and Akri-Bijeel blocks “remain valid and exercisable” clears up a significant doubt over the production-sharing contracts (PSCs).

Libyan militias financed by Qatar are providing security at the country’s eastern oil fields, according to official documents published on Libya’s National Oil Corporation (NOC)’s website.

Output slipped for Norway’s DNO International in Yemen during October, as three wells were temporarily shut after the failure of electric submersible pumps on Block 53.

Qatargas has signed a tripartite sales and purchase agreement to supply liquefied natural gas (LNG) to Japanese firms Chubu Electric Power and Shizuoka Gas Company.

ExxonMobil chief executive Rex Tillerson said the concession structure for foreign partners on Abu Dhabi’s main onshore oilfields needs to be altered when the current agreement expires in 2014.

UK utility firm Centrica has signed an agreement with Qatar Petroleum (QP) to explore joint investment opportunities

Anglo-Dutch supermajor Royal Dutch Shell has signed a $6.5bn deal with Qatar Petroleum (QP) to develop a petrochemicals complex at Ras Laffan Industrial City.

ExxonMobil, the largest US natural gas producer, is in talks with Qatar Petroleum (QP) about possible deep gas exploration projects

ExxonMobil’s audacious six-block deal with the Kurdistan Regional Government (KRG) has plunged a dagger into the already uneasy peace between Arabs and Kurds, giving an immediate public relations boost to the headline-chasing KRG natural resources minister Ashti Hawrami and pouring further misery onto Baghdad’s embattled deputy prime minister for energy affairs Hussein Al-Shahristani.

ExxonMobil’s surprise deal with Iraq’s Kurds promises to radically reshape big oil’s relationship with Baghdad and Erbil, while plunging the US supermajor headfirst into the politically sensitive disputed territories between the KRG and federal government in Baghdad

Iraqi and Kurdish regional officials have renewed efforts to work out a compromise on a federal hydrocarbons law by the end of the year. But the differences between the official government and the Kurdistan Regional Government (KRG) are so deep that common ground will be hard to find.

The merger of Norway’s DNO International and Ras Al-Khaimah’s RAK Petroleum (RAK-P) remains on course despite a pair of shareholder rebellions apparently motivated by commercial and personal interests.

Qatar Petroleum International (QPI) has been rapidly expanding its international investment portfolio for several years, but despite signing a number of co-operation deals and closing many downstream deals, only one concrete upstream project has come to fruition.

Poland’s Kulczyk Oil Ventures (KOV) has said it will halt the drilling of its first exploration well on Syria’s Block 9 amid increasing civil unrest in the country

Company (Taqa) has announced it will invest $46m in Calgary-based WesternZagros Resources in return for a 19.9% stake in the TSX Venture Exchange-listed explorer. As part of the agreement, Taqa will appoint a member to the WesternZagros board.