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Oil News

Riviera beaches spared as Italy oil slick dissolves

Rome - Oil slicks off the Italian Riviera have largely dissolved and no longer pose a threat to the region's beaches, the official overseeing the clean-up operation said Sunday.

Italy monitoring oil slick off Riviera coast

Rome - Italian authorities said Saturday they were monitoring an oil slick off the country's picturesque Riviera coast, but said the risk of a new spill into the Mediterranean was limited.The slick, which was two kilometres (1.

Anxious search for missing after deadly Mexico blast

Los Zacatones - Mexican authorities on Friday pursued their search for eight people missing after a petrochemical plant explosion that killed at least 24 and spewed a toxic cloud into the air.

Anxious search for missing after deadly Mexico blast

Los Zacatones - Mexican authorities on Friday pursued their search for eight people missing after a petrochemical plant explosion that killed at least 24 and spewed a toxic cloud into the air.

Anxious search for missing after deadly Mexico blast

Coatzacoalcos - Anguished relatives nervously awaited news of their loved ones outside a Mexican petrochemical plant where an explosion killed at least 24 people and sent toxic smoke billowing into the air.

Death toll from Mexico plant blast climbs to 24: Pemex

Coatzacoalcos - The death toll from a powerful explosion at a petrochemical plant in Mexico climbed to 24 after authorities were able to enter the facility, state-run oil giant Pemex said.

Anxious search for missing after deadly Mexico blast

Coatzacoalcos - Anguished relatives nervously awaited news of their loved ones Thursday outside a Mexican petrochemical plant where an explosion killed at least 13 people and sent toxic smoke billowing into the air.

Death toll rises to 13 in Mexico petrochemical plant blast

Coatzacoalcos - The death toll from a thunderous blast at a petrochemical plant in Mexico has risen to at least 13, an official said Thursday, in the latest accident plaguing the state-run oil giant Pemex.

Blow to Yukos claimants as Dutch quashes $50 bln award

Den Haag - Russia won a major legal victory Wednesday when a Dutch court overturned a ruling awarding a record $50 billion in damages to the former shareholders of the now-dismantled Russian oil giant Yukos.

Kuwait says some oil output restored as strike enters day three

Kuwait City - A strike by oil workers that has slashed Kuwait's output entered its third day on Tuesday but the state oil firm said it had managed to restore some affected production. Kuwait Petroleum Corp.

Kuwait oil workers' strike sees output plunge

Kuwait City - Thousands of Kuwait's oil workers began an open-ended strike on Sunday to protest plans to cut their wages, action which saw the emirate's crude production plunge.A spokesman for the Kuwait Oil Co.

Italians vote on oil and gas as scandal ups pressure on Renzi

Rome - Italians were voting in a referendum Sunday on oil and gas drilling concessions which brings to a peak a heated debate fraught with risk for Prime Minister Matteo Renzi and fuelled by anger over a government corruption scandal.

Kuwait sends national guard to oil units after strike call: Report

Kuwait City - Kuwait is deploying national guard units to run and protect some oil facilities after workers announced a major strike for this weekend, a newspaper reported on Wednesday.

High-stakes oil and gas vote has Italy in a tizz

Ravenna - An offshore platform a stone's throw from Dante's beach on Italy's Adriatic coast has become the focus of a politically charged national referendum on the country's oil and gas drilling concessions.

Iran set to diversify energy after sanctions are lifted

The Iranian government plans to inject US $ 55 billion into the petrochemical sector within the next 10 years. In addition, the country has plans to diversify its industry after the end of the international sanctions, including opening up mining.

Tracking fuel leaks and explosives with novel method

University of Utah engineers have created a novel material that can detect fuel leaks and fuel-based explosives. When commercialized, the material will assist with screening and safety.

U.S. court approves $20 bn BP oil spill settlement

Washington - A US judge has signed off on the British oil giant BP's deal to pay over $20 billion to settle litigation from the deadly 2010 Gulf of Mexico oil spill.

Oil spill tests on ice prove Arctic quests risky

Tornio - The skimmer is lowered from the rear of the icebreaker, its weight pushing massive pieces of ice under the water and forcing the spilt oil up to the surface, where the sticky black goo can be sucked up.

Iraq PM calls for legal action over oil bribery scandal

Baghdad - Iraqi Prime Minister Haider al-Abadi called Saturday for legal action over allegations that senior officials took millions of dollars in bribes to help major firms secure lucrative oil sector contracts.

Shell dragged into Nigeria oil corruption probe

Rome - Oil giant Shell has been dragged into a corruption probe linked to a major offshore deal in Nigeria, the company confirmed on Wednesday.

American natural gas companies are struggling with oversupply

The past year has been rough for the oil industry. That’s especially the case for American natural gas (shale) providers. While the S&P 500 is flat on the year to date, natural gas companies are faced with big losses in light of low oil prices.

Central Asia strongman regimes challenged by stuttering economies

Ashgabat - Pensioner Anna Kovalyova, 63, would struggle to make ends meet on her pension worth $250 if it was not for the subsidies from the authorities in Turkmenistan that make water, gas and electricity almost free.

Northern Lights strike back at Arctic drilling

Troms - A case of nature protecting itself? The Northern Lights are interfering with Arctic drilling operations by affecting the equipment.

Public outcry spurs Florida to drop Everglades fracking bill

Florida environmentalists have had a bit of good news after state lawmakers, bowing to public outcry, unexpectedly dropped a bill backed by the oil industry that would have promoted fracking in the ecologically sensitive Everglades.

What we know about Russia, Saudi Arabia halting oil output

In an effort to nudge a slumping marketing back into a more respectable selling price, Russia and Saudi Arabia have coordinated an oil output freeze. Whether it will work or not is for OPEC — and millions of consumers — to see.

Saudi ground forces would target IS in Syria: Minister

Riyadh - Saudi forces participating in any US-led ground operation in Syria would focus on fighting the Islamic State jihadist group not the Damascus regime, the kingdom's foreign minister told AFP on Thursday.

Saudi won't cut oil output, foreign minister tells AFP

Riyadh - Saudi Arabia is "not prepared" to cut oil production, its foreign minister said on Thursday, after the top exporter agreed with Russia to freeze output if major rivals follow.

Venezuela announces first gasoline hike in 20 years

Caracas - Venezuela's President Nicolas Maduro said Wednesday he would raise the price of gasoline for the first time in 20 years, as he faces growing pressure to ease an economic crisis.

Two dead in oil rig fire off coast of Mexico

- Two workers were killed and at least seven injured Sunday in an oil platform fire off the coast of Mexico, state petrol company Pemex said.

Sudan and South Sudan renegotiating oil deal: Reports

Juba - Sudan and South Sudan's oil ministers have agreed in principle a new oil pipeline deal, reports said Thursday, after slumps in global prices made Juba effectively pay to export crude.
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Oil pump in Russia
Oil pump in Russia
Yukon White Light
The new ship and the world s largest  The Prelude
The new ship and the world's largest, The Prelude
Shell Oil
Greenpeace activists chain themselves to each other during a demonstration on Bosphorus bridge calli...
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
HOUSTON: Corporate headquarters for oil services industry giant Halliburton  which was headed before...
HOUSTON: Corporate headquarters for oil services industry giant Halliburton, which was headed before 2000 by former U.S. Vice President Dick Cheney.
WhisperTo / Wikimedia
Manatee s seen in Kings Bay
Manatee's seen in Kings Bay
An oil tanker
Oil tanker
Photo by Zero
Francis Bacon  Second Version of Triptych   1944 / 1988. Oil and alkyds on canvas. Each panel 198 x ...
Francis Bacon, Second Version of Triptych, 1944 / 1988. Oil and alkyds on canvas. Each panel 198 x 147.5 cm (each panel), Tate Modern, London. © Estate of Francis Bacon / SODRAC (2013)
© Estate of Francis Bacon / SODRAC (2013)
Public understanding of the difference between Beach advisory and beach closure can make the differe...
Public understanding of the difference between Beach advisory and beach closure can make the difference of whether beach rentals stay in business or fold.
The Athabasca Tarsands.
The Athabasca Tarsands.
Protesters opposed to the proposed Keystone XL demonstrate outside the White House in 2011.
Protesters opposed to the proposed Keystone XL demonstrate outside the White House in 2011.
Chesapeakeclimate/Wikimedia Commons
Using a process called hydraulic fracturing or  fracking   toxic chemicals and methane gas seep into...
Using a process called hydraulic fracturing or "fracking," toxic chemicals and methane gas seep into our drinking water.
Link TV
Drawing shows how sound from the seabed is bounced back to hydrophone.
Drawing shows how sound from the seabed is bounced back to hydrophone.
NMANewsDirect
Much of the oil sands production is located near the Athabasca River.
Much of the oil sands production is located near the Athabasca River.
A scene from a documentary shot in Kamloops  British Columbia  showing life on a cattle ranch.
A scene from a documentary shot in Kamloops, British Columbia, showing life on a cattle ranch.
screen grab
Untitled
YouTube screen capture
Steve Henne  of Marine Spill Response Corp.  heads back to the Premier Explorer after a controlled b...
Steve Henne, of Marine Spill Response Corp., heads back to the Premier Explorer after a controlled burn in the Gulf of Mexico.
U.S. Navy photo by Mass Communication Specialist 2nd Class Justin Stumberg
Members of the Naval Air Station Pensacola Pollution Response unit set oil containment boom at Sherm...
Members of the Naval Air Station Pensacola Pollution Response unit set oil containment boom at Sherman Cove aboard the base to protect environmentally sensitive grass beds from the Deepwater Horizon oil spill.
by uscgd8
World energy consumption  1970-2025.
World energy consumption, 1970-2025.
United States Department of Energy
Untitled
Josh Smith
Sonis sounds amplified down toward seabed.
Sonis sounds amplified down toward seabed.
NMANewsDirect