Stephen Simpson, CFA
Sep. 30, 2014, 8:45 AM
Aug. 22, 2014, 7:23 AM
- OMV (OTC:OMVJF) is now the latest energy group to withdraw its staff from Iraqi Kurdistan, as violence continues to escalate in the region.
- "We were able to book a gas find in Kurdistan but are not active at the moment. All the staff that were there have left," says CEO Gerhard Roiss. "We are also waiting and seeing (what happens) south of Crimea, where we had plans together with Exxon (NYSE:XOM)."
Mar. 21, 2011, 8:51 AM
Western oil companies privately fear losing their operations in Libya as payback for air strikes should Gaddafi prevail. The head of Libya's NOC says firms that have repatriated staff due to the crisis should get back to work or risk losing future contracts to rivals from China, Brazil, and India.| Mar. 21, 2011, 8:51 AM | 4 Comments