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Oil News

Petrobras scandal clouds Brazil presidential vote

Rio De Janeiro - A multi-billion dollar kickback scandal at Brazilian oil giant Petrobras, the country's state-owned industrial jewel, could affect the outcome of next month's presidential election.

Rousseff insists her government untainted by Brazil oil scandal

Bras - Brazilian President Dilma Rousseff has insisted a corruption scandal at state oil giant Petrobras does not involve her government, as she fends off a new threat to her re-election bid.

BP ruled grossly negligent in 2010 oil spill

New York - BP potentially faces billions of dollars in new fines after a New Orleans judge concluded it acted with "gross negligence" ahead of the massive 2010 Gulf of Mexico oil spill.

Venezuelan president shakes up cabinet

Caracas - Venezuela's President Nicolas Maduro replaced Rafael Ramirez as head of the country's state oil giant PDVSA and appointed him as foreign minister.

Op-Ed: Putin uses army to manipulate oil prices

Mariupol - Making him among perhaps the most cynical, if short-sighted, world leaders in history, Russia’s president is attacking and then withdrawing from Ukraine to drive oil prices up.

No action from Shell, Nigeria on oil pollution report: Amnesty

Lagos - Nigeria and Shell have done almost nothing to ease oil pollution in the Ogoniland area of the Niger Delta, three years after a landmark UN report called for a $1 billion dollar clean-up, Amnesty International said Monday.

GOP candidate wants to drill in already shaky Yellowstone park

Dr. Taylor Haynes is a Republican candidate for the Governor of Wyoming. He is also selling the idea of opening Yellowstone Park for drilling. Recent seismic activity and melting roads raises concerns of a Super Volcano Eruption.

Battle for Syria gas field after jihadists execute hundreds

Beirut - Syrian regime forces launched an offensive Saturday to retake a gas field in Homs province seized two days ago by jihadists who killed 270 people, most of them executed, a monitoring group said.

U.S. overtakes Saudi Arabia in Oil production

U.S. has turned the world’s biggest oil producer this year as extraction of oil from shale rocks reached a high, a Bank of America report said.

150 killed in Sudan clan battle near oil field

Khartoum - A battle between rival Sudanese clans near an oil-drilling site killed 150 people and wounded 100 more, state-linked media reported on Thursday.

Canada town ravaged by oil train fire still in turmoil

Lac-m - One year after an oil-laden train derailed, exploded and killed 47 people in a town in Canada's Quebec province, trains are rolling again but locals are hardly thrilled.

Enbridge Northern Gateway pipeline project controversy rages on Special

Calgary - The long awaited Enbridge Northern Gateway Pipeline project was approved on June 17th by Prime Minister Stephen Harper amid controversy and objection by First Nations groups, environmentalists, concerned Canadians and the political opposition parties.

China oil company will relocate some workers in Iraq

Beijing - China is to relocate some workers in Iraq -- where it is the biggest foreign investor in the oil industry -- in the face of spreading violence, the foreign ministry said Thursday.

China oil giants prepare Iraq evacuation plans

Beijing - Major Chinese oil firms have prepared evacuation plans in case spreading violence in Iraq -- a key energy provider to the Asian giant -- threatens their operations, state media reported Thursday.

Op-Ed: At last something we can't agree on, Iraq

Washington - It is often said that Republicans never met a war they didn’t like. That is usually said by Democrats. Republicans say Democrats never met a war they like didn’t like.

Op-Ed: Middle East crisis could be opportunity for energy-strong U.S.

Washington - The U.S. energy position is in the best in nearly 50 years amid Middle East chaos. Why should Iraq be America’s problem? Instead it is an opportunity.

Angolan $3.5 bn oil contract goes to Technip, Heerema

Paris - The ultra-deep Angolan offshore oil project called Kaombo generated the third huge contract in three days on Wednesday when French group Total picked two firms to carry out underwater engineering worth $3.5 billion.

41 killed in Sudan clashes over oil-rich land: tribe

Khartoum - At least 41 people have been killed in clashes between rival Sudanese clans over the ownership of land being explored for oil in West Kordofan state, a tribal source said.

Turkey 'driven by greed' in Kurd oil row: Iraq deputy PM

Baghdad - 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 energy official told AFP Sunday.

Venezuela to send oil to Palestinians

Caracas - Venezuelan President Nicolas Maduro pledged to send oil and diesel to the Palestinian Authority, as part of agreements signed with its leader Mahmud Abbas during his visit to Caracas.

L.A. oil pipeline bursts, spilling 10K gallons into the streets

Los Angeles - An oil pipeline in the Atwater Village area of Los Angeles has burst, causing 10,000 gallons of oil to flood the streets.

Argentina court OKs inquiry into president over Chevron deal

Buenos Aires - An appeals court judge gave a green light for Argentina's President Cristina Kirchner to be investigated for abuse of authority in a major Chevron fracking deal.

Ancient microbes have industrial potential

Norwegian scientists have found that microorganisms that live in the depths of an oil reservoir can withstand such extreme conditions they can be used in harsh chemical processes in industry.

Nigeria gunmen free Dutch hostages: Foreign ministry

The Hague - Niger Delta gunmen have released three Dutch nationals who were abducted a week earlier, the Dutch foreign ministry confirmed on Sunday.

Warring S.Sudan rivals sign peace deal

Addis Ababa - South Sudan's president and rebel chief signed a ceasefire deal Friday vowing to end nearly five months of civil war, under international pressure to stem bloodshed and avert famine and genocide.

Referendum on oil drilling in Ecuador preserve rejected

Pichincha - Ecuador's election authority has rejected a petition for a referendum on oil exploration and development in Yasuni, a unique nature preserve in the Amazon rain forest.

Dutch arrest 30 Greenpeace activists blocking Russian tanker

The Hague - Dutch police on Thursday arrested around 30 Greenpeace activists, including the captain of the lobby group's flagship Rainbow Warrior, as they tried to stop a Russian tanker delivering Arctic oil from docking.

Angolan $3.5 bn oil contract goes to Technip, Heerema

Paris - The ultra-deep Angolan offshore oil project called Kaombo generated the third huge contract in three days on Wednesday when French group Total picked two firms to carry out underwater engineering worth $3.5 billion.

South Sudan rebel leader vows to take key oil fields, capital

Rumbek - The leader of South Sudan's rebels has vowed to attack the capital Juba and target crucial oil fields, warning in an exclusive interview with AFP that the civil war will not end until the country's president is removed from power.

Brazil president pledges thorough Petrobras probe

Rio De Janeiro - Brazil's president on Monday promised authorities would carry out a thorough and complete probe of alleged money laundering at state oil giant Petrobras.
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Untitled
Ken Lund
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Bob Dudley is CEO of BP
Bob Dudley is CEO of BP
BP America
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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
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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
NASA Goddard
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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.
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YouTube screen capture
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Protesters in Rio de Janeiro over oil royalties.
Protesters in Rio de Janeiro over oil royalties.
YouTube
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Dry sand from tarsands production.
Dry sand from tarsands production.
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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
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BP Gulf of Mexico
BP Gulf of Mexico
BP p.l.c
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CBS
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Josh Smith
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An oil refinery in Long Beach  CA
An oil refinery in Long Beach, CA
Neil Armstrong2
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Untitled
Hot Docs
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An oil tanker
Oil tanker
Photo by Zero
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Much of the oil sands production is located near the Athabasca River.
Much of the oil sands production is located near the Athabasca River.
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Protesters in Rio de Janeiro over oil royalties.
Protesters in Rio de Janeiro over oil royalties.
YouTube
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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
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The Athabasca Tarsands.
The Athabasca Tarsands.
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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
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