Oil News
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Rio De Janeiro -
A Brazilian appeals court confirmed Tuesday the removal of a judge from an insider dealing case against Eike Batista, setting the stage for a likely retrial.
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Oslo -
The death toll from a blast which ripped through a Petrobras oil rig off Brazil has risen to five, with another four people still missing, the rig's owner said Thursday.
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Rio De Janeiro -
An explosion ripped through a Petrobras rig off Brazil Wednesday, killing three people, injuring 10 and leaving six others missing in a new blow to the embattled state oil giant.
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Bras -
Mounting allegations that her party received hundreds of millions of dollars in a kickbacks scandal engulfing oil giant Petrobras have sent Brazilian President Dilma Rousseff's poll ratings tumbling and could fatally undermine her.
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New York -
The UN Security Council plans to adopt a resolution next week aimed at halting funding to Islamic State militants from oil, antique trafficking and ransoms, diplomats said.
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Rio De Janeiro -
Police on Friday seized a piano, the equivalent of $45,700 in cash, six cars and other possessions from the home of Brazilian tycoon Eike Batista, once Brazil's richest man, who is on trial for insider trading.
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Washington -
The US Senate on Thursday approved a bill authorizing construction of the controversial Keystone XL oil pipeline from Canada to the United States, a Republican priority that faces a presidential veto.
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New York -
A US judge said energy giant BP faces a maximum fine of $13.7 billion for the 2010 Gulf of Mexico oil spill, a sum reduced by several billion dollars.
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Campaign group SumOfUs.org have released a new online advert to coincide with Doritos annual ‘Crash the Super Bowl’ commercial competition. This is part of the long running campaign against the company over rainforest destruction.
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Riyadh -
Venezuelan President Nicolas Maduro held talks in OPEC's leading oil producer Saudi Arabia on Sunday, officials said, before he headed to Algeria for further dialogue about low world crude prices.
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Darnah -
Libya's internationally recognised government said Monday that its aircraft bombed an oil tanker off the Islamist-held port of Derna, killing two crewmen and drawing condemnation from Greece.
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Benghazi -
A suicide bomber blew up a car outside the headquarters of Libya's internationally recognised parliament Tuesday, wounding three lawmakers, a legislator said.
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Tripoli -
Forces loyal to Libya's internationally recognised government carried out their first air strikes Sunday against militia-held third city Misrata, a spokesman said.
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Benghazi -
Islamists killed at least 22 soldiers on Thursday after a surprise attack in which they used speedboats in a failed bid to seize some of Libya's main oil terminals, officials said.
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Scientists have been analyzing samples from the deepest-ever marine drilling expedition to identify living microbes. In parallel, researchers exploring the Arctic have found life thriving below the ice.
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Copenhage -
Denmark will lay claim to energy-rich but contested territory around the North Pole on Monday by submitting data to the UN which it says demonstrates the area is an extension of its continental shelf.
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Benghazi -
Islamist fighters launched a three-pronged attack Saturday on a key oil region in eastern Libya but were pushed back by pro-government forces, military officials said.
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Moscow -
Perhaps it’s a good thing that Russia’s government is calling off New Year’s Eve parties. They probably would fizzle. Vladimir Putin’s Ukraine adventures have led to the price of condoms and hookers rising.
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Dhaka -
Bangladeshi villagers using sponges, shovels and even spoons worked Friday to clean up a huge oil spill in a protected area that is home to rare dolphins, after environmentalists warned of an ecological "catastrophe".
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Washington -
The US Supreme Court on Monday refused to hear energy giant BP's challenge to a settlement ordering it to pay hundreds of millions of dollars to businesses hurt by the 2010 Gulf of Mexico oil spill.
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About 200 people, including tourists, formed a giant "SOS" on a beach on Spain's Canary Islands on Sunday to protest against drilling for oil off the archipelago.
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Caracas -
Venezuelan President Nicolas Maduro ordered his government to slash the budget of his oil-dependent and economically-weak nation, as crude prices plunge after OPEC held output steady.
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New York -
U.S. oil prices sank more than $4 in opening trade Friday, a day after OPEC decided to not cut production in response to lower prices.Near 1400 GMT, US benchmark West Texas Intermediate for delivery in January stood at $69.
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New York -
Global oil prices plunged Friday to new multi-year lows after the OPEC oil-producing cartel decided to maintain crude output in an oversupplied market.US benchmark West Texas Intermediate for delivery in January closed at $66.
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Vienna -
OPEC's decision against cutting oil production, despite a global glut in supplies, triggered a five-dollar collapse in crude prices and prompted a fall in early trading on Asian markets Friday.
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Moscow -
With prominent Russians falling from a Moscow skyscraper and drowning in an OPEC country it may or may not be just a coincidence, but it appeared to indicate that President Vladimir Putin’s economy is dangerously threatened by a growing glut of oil.
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Vienna -
Rosneft has trimmed its oil output partly in response to sliding crude prices, the Russian oil giant said Tuesday, as an under-pressure OPEC mulled taking similar action.
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Rio De Janeiro -
Brazilian authorities Saturday blasted a news magazine for media "manipulation" as the government of President Dilma Rousseff battles an escalating kickbacks scandal at state-owned oil giant Petrobras.
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Bras -
A month after winning re-election, Brazilian President Dilma Rousseff is battling the toughest of starts to her second term with a huge corruption scandal at state-owned oil giant Petrobras threatening to engulf her government.
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Washington -
The U.S. Senate on Tuesday narrowly rejected a bill that would have approved construction of the Keystone XL pipeline to bring crude oil to Gulf coast refineries from Canada's controversial tar sands.
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Oil Image
Protesters opposed to the proposed Keystone XL demonstrate outside the White House in 2011. Chesapeakeclimate/Wikimedia Commons
Protesters in Rio de Janeiro over oil royalties. YouTube
A scene from a documentary shot in Kamloops, British Columbia, showing life on a cattle ranch. screen grab
Uncontacted Indians' territory in Peru is being
invaded by oil companies. ©Anon/ Survival
Greenpeace activists chain themselves to each other during a demonstration on Bosphorus bridge calling for the release of 30 people arrested in Russia over a protest against Arctic oil drilling, during the Istanbul Marathon in Istanbul November 17, 2013. The 30 people detained by Russia consists of 28 activists who were arrested after coastguards boarded the Greenpeace icebreaker Arctic Sunrise following the protest at an oil platform owned by state-controlled Gazprom off Russia's northern coas With permission by Reuters / Murad Sezer
Much of the oil sands production is located near the Athabasca River.
Bart Stupak (D-Mich.), the chairman of the Oversight and Investigation Subcommittee of the House Energy and Commerce Committee. Screenshot from congressional hearing
Drawing shows how sound from the seabed is bounced back to hydrophone. NMANewsDirect
Dry sand from a tailing pond, water is used to remove the oil from the sand. The water and sand which is left over is moved to holding ponds.
Oil pump in Russia Yukon White Light
A Common Guillemot Boaworm
A rig in the gulf where an explosion occurred on April 20, 2010. KK+
The Athabasca Oil Sands, Alberta Canada.
Manatee's seen in Kings Bay
An oil refinery in Long Beach, CA Neil Armstrong2
Fuel barrels Trevor MacInnis
DigitalJournal.com, File photo
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