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Oil News

Guyana says Venezuelan claim is threat to its survival

Washington - Guyana's territorial dispute with neighboring Venezuela represents a threat to its very survival, President David Granger warned Friday in Washington.

Nigeria's Buhari vows to recover 'stolen' oil money

Abuja - Nigeria's President Muhammadu Buhari has pledged to recover "mind-boggling" amounts of stolen oil money and bring those responsible to book, his spokesman said on Wednesday.

Thousands rally in Georgia against Russian presence in breakaway regions

Tbili - Over 3,000 people took to the streets in Georgia on Saturday to protest what they called Moscow's occupation of the breakaway South Ossetia and Abkhazia regions.Carrying placards that read "Stop Russia!

Brazil police target politicians in new Petrobras raids

Bras - Brazilian police probing the giant Petrobras corruption scandal launched raids Tuesday against several politicians, including former president Fernando Collor de Mello, reportedly seizing a Ferrari and other luxury cars from his home.

Georgia accuses Russia of 'land grab' near breakaway region

Tbili - Georgia decried on Tuesday Moscow's "creeping annexation" of its territory after Russian border guards moved border markers further into Tbilisi-controlled area, leaving a portion of an international oil pipeline in territory under Russian control.

12 dead in Nigeria oil pipeline explosion: Italy's Eni

Rome - An accidental explosion on an oil pipeline In Nigeria operated by Italian energy giant Eni left 12 people dead and three injured, the company said in a statement Friday.

BP agrees to settle claims from 2010 Gulf of Mexico oil spill

New Orleans - Oil giant BP Plc has agreed to pay nearly $19 billion in penalties to U.S. and state agencies to resolve claims still outstanding from a 2010 oil spill in the Gulf of Mexico that killed 11 and ravaged the southern U.S. coastline.

Op-Ed: Military wants to fight global warming

Denver - The U.S. and Russian navies are planning arctic war games, and once again the greens have their knickers in a knot. The two navies probably will have more luck than Dwayne Johnson in “San Andreas,” because the ice is melting.

UK oil firm accused of bribery in DR Congo national park

London - British oil company Soco International paid off an army officer accused of silencing critics of exploration in Democratic Republic of Congo's Virunga National Park, an NGO alleged on Wednesday.

Colombia accuses FARC rebels of oil spill

Estanzuela - Colombian authorities accused the leftist FARC guerrillas Monday of forcing 19 oil tanker drivers to dump their cargo of crude on the ground, raising fears it could contaminate water supplies.

Pollution closes more beaches in California

Los Angeles - A four-mile stretch of coastline south of Los Angeles was closed as workers cleared up tar balls from beaches, in the latest such shutdown in the last few weeks, officials said.

Deal reached to end crippling Nigeria fuel crisis

Abuja - Agreement was reached to end a crippling fuel crisis in Nigeria that had left the country at a virtual standstill just days before a new government is installed.

Criminal charges possible in California coast oil spill

Goleta - State and county officials in California say they're considering criminal charges stemming from Tuesday's 20,000-gallon oil spill from a pipeline near Refugio State Beach off the Santa Barbara coast.

Iraqi forces clear path to key refinery

Washington - Iraqi troops fighting Islamic State group forces have cleared a ground route into the country's largest oil refinery, the US military said Friday.

Governor declares emergency as California cleans oil spill

Los Angeles - The governor of California declared an emergency as crews scrambled to contain an oil slick and clean up popular beaches after a pipeline rupture dumped thousands of gallons of oil into the ocean.

'Paddle in Seattle' protesters condemn Artic drilling

Washington - Environmental activists in Seattle paddled out to sea to protest a Shell oil rig moored off the coast of the US city that is headed for Arctic drilling, local media reported.

Two dead in new Mexico oil rig accident

- At least two workers died and 10 were injured Tuesday when an oil maintenance platform tilted over the sea off Mexico's east coast, forcing the evacuation of 101 employees.

Brazil ruling party treasurer hit with new charges

Bras - Prosecutors charged the former treasurer of Brazilian President Dilma Rousseff's party Monday with 24 new counts of money laundering in a corruption scandal involving state oil giant Petrobras and high-ranking politicians.

Deepwater Horizon continues to cause environmental problems

Oozing oil on once cherished marshland continues to be a problem on the U.S. coast as the effects of Deepwater Horizon continue to affect the environment and marine life.

Oil from Russian trawler wreck reaches Canaries' beaches

Madrid - Oil from the wreck of a Russian trawler that sank off the Canary Islands last week has washed up on the beaches of the picturesque tourist islands, Spain said.

Chill in the air as Arctic nations meet

Iqaluit - Arctic nations warned Friday of the dangers facing the environment and the peoples of the remote region, as it now also becomes a new flashpoint in global tensions with Russia.

Argentina defends legal action over Falklands oil

London - Argentina on Friday defended its decision to take legal action against companies exploring for oil off the Falkland Islands, the latest twist in a tense sovereignty dispute with Britain.

Oil spill leaves 100,000 Mexicans without water

Villahermosa - Some 100,000 people remained without drinking water in southern Mexico on Wednesday after rivers were contaminated by an oil spill triggered when thieves tapped a pipeline.

Brazil ruling party treasurer arrested in Petrobras probe

Rio De Janeiro - The treasurer of Brazil's ruling Workers' party (PT), Joao Vaccari, was arrested Wednesday for allegedly taking bribes and laundering money from state oil giant Petrobras, the latest blow to President Dilma Rousseff.

Greenpeace activists leave Arctic-bound oil rig

Los Angeles - Six Greenpeace activists who scaled an Arctic-bound Shell oil drilling rig in the middle of the Pacific Ocean abseiled down on Saturday, with the oil giant securing a restraining order against the environmental group.

Protester releases rodents at Brazil graft hearing

Bras - A hearing into a massive graft scandal at Brazil's state oil firm Petrobras was interrupted Thursday when a protester unleashed several rodents including mice, hamsters and gerbils on proceedings, sparking chaos at Congress.

Shell takes legal action over Greenpeace protest on rig

Los Angeles - Oil giant Shell filed a legal complaint against Greenpeace protestors who have boarded an Arctic-bound oil rig in the middle of the Pacific Ocean, a spokeswoman said.

U.S. geologist thanks Chinese jailers for making him 'stronger'

Washington - A U.S. geologist who spent more than seven years in a Chinese prison thanked his jailers for making him and his family stronger, in a statement quoting US civil rights champion Martin Luther King and Russian novelist Fyodor Dostoevsky.

U.S. geologist jailed in China released, deported: Rights group

Bejing - A US geologist convicted on state secrets charges and imprisoned in China has been released and returned to the United States, a human rights group said.Xue Feng, who had been serving an eight-year sentence in Beijing No.

Mexico probes deadly oil rig blast and fire

- Mexican authorities launched an investigation Thursday into what caused an explosion and fire on an oil platform operated by state firm Pemex that killed four workers and injured several others.
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Dry sand from a tailing pond  water is used to remove the oil from the sand. The water and sand whic...
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.
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)
DISASTER: Boats equipped with water cannons fight the devastating fire at the Deepwater Horizon dril...
DISASTER: Boats equipped with water cannons fight the devastating fire at the Deepwater Horizon drilling platform in the Gulf of Mexico in 2010.
U.S. Coast Guard/Wikimedia Commons
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Bob Dudley is CEO of BP
BP America
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BP Gulf of Mexico
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A Common Guillemot
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World energy consumption, 1970-2025.
United States Department of Energy
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Sonis sounds amplified down toward seabed.
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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
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
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Oil pump in Russia
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The Athabasca Oil Sands  Alberta Canada.
The Athabasca Oil Sands, Alberta Canada.
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Half Moon Caye, Belize. Notice the white beaches and clear blue water.
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ENERGY: A major oil refinery in Port Arthur  Texas  is shown after it was damaged by Hurricane Rita ...
ENERGY: A major oil refinery in Port Arthur, Texas, is shown after it was damaged by Hurricane Rita in 2005.
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Bart Stupak (D-Mich.)  the chairman of the Oversight and Investigation Subcommittee of the House Ene...
Bart Stupak (D-Mich.), the chairman of the Oversight and Investigation Subcommittee of the House Energy and Commerce Committee.
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Protesters in Rio de Janeiro over oil royalties.
Protesters in Rio de Janeiro over oil royalties.
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Much of the oil sands production is located near the Athabasca River.
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Dry sand from tarsands production.
NASA satellite image acquired May 9  2010 of the oil spill in the Gulf of Mexico
NASA satellite image acquired May 9, 2010 of the oil spill in the Gulf of Mexico
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