OIL

10,863 articles

OECD urges Canada to hike oil sands taxes
Jun 11, 2014 (AFP)
The Organization for Economic Cooperation and Development on Wednesday urged Canada to raise taxes on non-renewable resources including its oil reserves, which ...
Iran claims 4mbpd oil output possible if sanctions lifted
Jun 10, 2014 (AFP)
Iran's oil output could reach 4.0 million barrels per day in "less than three months" if Western sanctions are lifted over its nuclear energy programme, Oil Min...
China set for 'Golden Age' of natural gas
Jun 10, 2014 (AFP)
Demand for natural gas is set to nearly double within five years in China but the emerging market giant will meet half that with domestic supplies, the Internat...
Canadian Law Makes It Cheaper To Prevent Oil Sands Leaks Than Clean Them Up
Jun 10, 2014 (SPX)
As the Canadian government pushes a new law rendering pipeline companies liable for all damages from leaks and spills, the only friend to both sides in this pol...
Ukraine, Russia launch crisis talks on gas, insurgency
Jun 09, 2014 (AFP)
Ukraine launched delicate dual-track diplomatic negotiations with Russia on Monday aimed at averting a debilitating gas cut and ending a bloody separatist insur...
US top court turns down BP bid to halt oil spill payouts
Jun 09, 2014 (AFP)
The US Supreme Court on Monday turned down a bid by BP to halt making compensation payments linked to the 2010 oil spill in the Gulf of Mexico. Without comment,...
Vietnam airs video of Chinese ship ramming fishing boat
Jun 06, 2014 (AFP)
Vietnam has released dramatic footage showing a large Chinese ship chasing and ramming one of its fishing boats which then sank near an oil rig in contested wat...
HRW urges DR Congo to investigate attacks on activists
Jun 04, 2014 (AFP)
Human Rights Watch called Wednesday on the Democratic Republic of Congo to investigate attacks and threats against opponents of a major oil exploration project ...
Oil prices rise after strong Chinese manufacturing data
Jun 02, 2014 (AFP)
Oil prices rose in Asian trade Monday as data showing strong Chinese manufacturing activity fuelled hopes of a pick-up in demand in the world's top energy consu...
Turkey brushes off criticism over Iraqi Kurdish oil
Jun 02, 2014 (AFP)
Ankara on Monday brushed off criticism from Baghdad that it is being "driven by greed" in an escalating row over oil pumped from Iraq's autonomous Kurdish regio...
Army must do more to protect pipeline: Iraq deputy PM
Jun 01, 2014 (AFP)
Iraq's army must do more to protect a northern oil pipeline and should pay as much attention to it as it does to fighting militants, Iraq's top energy official ...
Turkey 'driven by greed' in Kurd oil row: Iraq deputy PM
Jun 01, 2014 (AFP)
Ankara has been "driven by greed" in an escalating row over oil pumped from Iraq's autonomous Kurdish region and shipped overseas via Turkey, Baghdad's top ener...
Iraq oil exports continue rebound in May: ministry
Jun 01, 2014 (AFP)
Iraqi oil exports rose for a second consecutive month in May, figures showed Sunday, despite a northern pipeline remaining disabled and a central government row...
Better catalysts for the petrochemical industry
May 30, 2014 (SPX)
Zeolites are among the substances which can accelerate chemical reactions - they are known as catalysts. Usually applied in pellet form, the industrial producti...
Norway removes Greenpeace ship from contested Arctic drill site
May 30, 2014 (AFP)
Norwegian coastguards on Friday removed a Greenpeace ship from a controversial Arctic drilling site where it was trying to prevent oil explorations, the environ...
China's Oil Giant At Center Of Corruption Probe
May 30, 2014 (SPX)
Grins were on the faces of China National Petroleum executives this week as they celebrated a blockbuster 30-year deal for Russian gas. It was a good day for CN...
Greenpeace ship reaches Arctic drilling site
May 29, 2014 (AFP)
A Greenpeace ship arrived Thursday at the Arctic site where Statoil is sending an oil rig in an attempt to stop the drilling, the environmental group said. "The...
The California Shale Bubble Just Burst
May 29, 2014 (SPX)
The great hype surrounding the advent of a shale gas bonanza in California may turn out to be just that: hype. The U.S. Energy Information Administration (EIA) ...
Exxon, BP Defy White House; Extend Partnership with Russia
May 29, 2014 (SPX)
Several of the largest oil companies in the world are doubling down in Russia despite moves by the West to isolate Russia and its economy. ExxonMobil and BP sep...
Libya chaos deepens with Benghazi air strike on jihadists
May 28, 2014 (AFP)
A rogue Libyan ex-general resumed air strikes on jihadists in the city of Benghazi Wednesday, while gunmen attacked an interior ministry team in Tripoli tasked ...
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