Oil News
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NATO won't investigate the civilian deaths of a few Libyans, because to reimburse a few, thousands would follow which would be too costly. It would open investigations into a war that should have never started.
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In the past decade there has been a remarkable increase in earthquake activity in the U.S.A. A U.S. Geological Survey research team says that these earthquakes are "almost certainly man-made."
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As the government-manufactured panic around buying fuel in Britain reaches new levels of crisis, a woman has suffered 40 percent burns after attempting to follow government advice.
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Washington -
The U.S. State Department has now published the list of 12 countries who are failing to cut oil imports from Iran, and are likely to be subjected to U.S. financial sanctions.
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Toronto -
Activists staged a panel discussion in Toronto on Tuesday concerning the Tar Sands, ethical oil, and First Nations land rights
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If the flow of oil from Iran is cut, this may cause a surge in crude prices of up to 30%, dealing a serious blow to the world economy, warns IMF chief, Christine Lagarde.
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Prosecutors in Brazil have said they will charge 17 executives from the US oil company Chevron and the drilling contractor Transocean following a new oil leak on the seabed off Brazil.
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Valencia -
The sanctions on Iranian oil are more likely to be badly damaging for Spain, Italy and Greece, than Iran. Spain is one of the biggest importers of Iranian oil in Europe.
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It's going to be a Happy St. Patrick's Day this year as a major oil discovery has been made off the Cork coast of Ireland.
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The US could impose sanctions on India if it fails to meet the American demand to cut oil imports from Iran. India continues to resist US pressure.
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Oil Headlines
French oil firm Total reports a 7% rise in quarterly profits, driven mainly by higher oil prices.
Iran's oil ministry denies state media reports saying it had stopped oil exports to six European countries in retaliation for the EU's oil embargo.
Iran halts oil sales to British and French companies, the nation's oil ministry says, ahead of a 1 July ban on Iranian oil imports imposed by the EU.
Meet the woman running Brazil's oil giant
The effects of the BP oil spill still linger in Louisiana
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BP America
Bob Dudley is CEO of BP
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