OIL

10,863 articles

U.S. has no ban on sale of oil from Iraq, spokeswoman says
Aug 01, 2014 (UPI)
There is no ban in the United States on the sale or transfer of oil from any part of Iraq, a spokeswoman for the U.S. State Department said. The crude oil tanke...
North Dakota sends $7.8 million to schools struggling with oil boom
Aug 01, 2014 (UPI)
The North Dakota government said it awarded $7.8 million to school districts struggling to cope with the growth from oil and gas development in the state. The B...
Five Industries Worried About Peak Oil
Aug 01, 2014 (SPX)
The debate over the impact of peak oil has been raging for decades. Although few deny that the end of mass oil consumption is drawing nearer, educated estimates...
Shell says it's weighing next steps with Woodside holdings
Aug 01, 2014 (UPI)
Royal Dutch Shell said Friday it was reviewing its options regarding its shares in Australian energy company Woodside after a rejected buy-back bid. "Royal Dutc...
New catalyst converts carbon dioxide to fuel
Aug 01, 2014 (SPX)
Scientists from the University of Illinois at Chicago have synthesized a catalyst that improves their system for converting waste carbon dioxide into syngas, a ...
Texas, Oregon projects cleared for LNG exports
Aug 01, 2014 (UPI)
A facility along the Texas coast was cleared for exports of liquefied natural gas sourced from domestic supplies, the Federal Energy Regulatory Commission said....
Impact of Deepwater Horizon on coral deeper than predicted
Jul 30, 2014 (SPX)
A new discovery of two additional coral communities showing signs of damage from the Deepwater Horizon oil spill expands the impact footprint of the 2010 spill ...
Inuit village sues to block oil surveys in Canada's Arctic
Jul 29, 2014 (AFP)
A small Inuit village in the Canadian Arctic on Monday sued to block offshore exploration for oil, involving noisy air-cannon surveys it says threaten marine wi...
US ready to seize Kurdish oil from tanker off Texas
Jul 29, 2014 (AFP)
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 ...
UN takes aim at Islamist oil grab in Syria, Iraq
Jul 28, 2014 (AFP)
The UN Security Council on Monday backed a Russian initiative to bar trade in oil with Islamists in Iraq and Syria. The 15-nation Council warned in a joint stat...
Japanese PM opens LatAm tour with Mexico energy deals
Jul 26, 2014 (AFP)
Japanese Prime Minister Shinzo Abe struck a series of energy deals Friday with Mexican President Enrique Pena Nieto at the start of a five-country Latin America...
As Russia's Isolation Grows, Oil Companies Caught in Middle
Jul 25, 2014 (SPX)
The confrontation between Russia and the West took a turn for the worse with the downing of a Malaysian airliner on July 17, and that could spell trouble for se...
Iraq oil exports dip after jihadist offensive
Jul 24, 2014 (AFP)
Iraq exported 2.42 million barrels of oil per day in June, the month of a jihadist offensive, the oil ministry said, falling far short of a budgeted projection ...
Greenpeace stages Chile protest over Shell-Lego deal
Jul 24, 2014 (AFP)
Greenpeace activists protested Thursday outside a Lego store in Chile, condemning a deal between the toy company and oil giant Shell that the environmental grou...
New Arctic disappointment for Norway's Statoil
Jul 22, 2014 (AFP)
Norway's Statoil has not yet found a viable gas field in the world's northernmost drilling sites, the country's oil industry administrative body said Tuesday, i...
Jihadists sell Syrian oil to Iraqi businessmen: NGO
Jul 21, 2014 (AFP)
The jihadist Islamic State is selling oil and liquid gas products extracted from fields under its control in Syria to Iraqi businessmen across the border, a mon...
Chinese tourists abandon Vietnam after oil rig row
Jul 20, 2014 (AFP)
For years Nguyen Huu Son has guided Chinese tourists around Vietnam's popular coastal city Danang, but a bitter maritime dispute between Hanoi and Beijing means...
US opens door to East Coast offshore oil and gas drilling
Jul 18, 2014 (AFP)
The United States on Friday opened the way to offshore oil and gas exploration in the Atlantic Ocean, authorizing the controversial use of sonic cannons for sei...
Iraqi Kurds start pumping from seized oilfield: official
Jul 17, 2014 (AFP)
Iraq's autonomous region of Kurdistan on Thursday pumped an experimental 20,000 barrels of light crude from an oilfield recently seized from the federal authori...
Oil market enjoys China-inspired gains
Jul 16, 2014 (AFP)
Global oil prices rebounded on Wednesday as traders seized on news of stronger-than-expected economic growth in top energy consumer China. Brent North Sea for d...
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