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Up to 45,000 wild horses face slaughter by the U.S. government Special

Maher taunts birthers, launches 'wifer' movement

Curry might actually be good for you

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Petroleum News

International Energy Agency calls for an end to oil subsidies

London - The International Energy Agency (IEA) has released its World Energy Outlook 2010, forecasting energy use, production, investment and trading into 2035. The Agency has zeroed in on greenhouse gas emissions.

In the Media by Stephanie Dearing - 1 comment

Op-Ed: Satire - In Defence Of BP or Can’t We All Just get Along

Since the Senate grilling of poor ol' BP honcho Tony Hayward was so one-sided, here's how it might look from BP's angle.

In the Media by Lenny Stoute - 1 comment

Manufacturing Sales Experience Sharp Decline

Manufacturing sales declined 8.0% to $44.2 billion in December, reflecting almost equal decreases in both volume and price: the largest monthly percentage decline since the start of the current series in January 1992.

In the Media by Bob Ewing - 4 comments

Cuba's Oil Estimates Double, on Par with US Reserves

Cubapetroleo, the state-run oil company has revealed that the country may have more than 20 billion barrels of oil in offshore fields.

In the Media by Tse Hao Guang - 2 comments

Will Saki Be the World’s Next Petrol? Oil Magnates May Well Start Drinking

How is Japan dealing with the rising costs of petrol? What is the world's second largest consumer of gas doing to better the environment? Read on for some thoughts on a topic that may cause some world chagrin.

In the Media by M Dee Dubroff

Occidental CEO got biggest single-year payouts in U.S. corporate history.

Occidental Petroleum Corp.'s chairman and chief executive took more than $400 million in compensation last year.

In the Media by Jishpar - 4 comments

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Petroleum Headlines

Faroe board shelves bonus scheme

Oil and gas firm Faroe Petroleum withdraws a proposed new management incentive scheme, following shareholder pressure.

Shell in shale gas pact in China

Royal Dutch Shell signs its first-ever production sharing contract for shale gas in China with China National Petroleum Corporation.

Japanese firms in $2bn gas deal

Mitsubishi Corporation and Mitsui & Co agree to buy a 14.7% stake in Woodside Petroleum's Browse LNG project for $2bn (£1.2bn).

Industry sets fracking guidelines for shale gas extraction

Members of the Canadian Association of Petroleum Producers who practise hydraulic fracturing will have to disclose how much water is being used and what it's being used for, according to new operating guidelines released Monday by the organization.

U.S. groups sue over seismic tests in beluga habitat

A lawsuit challenging petroleum exploration in Alaska's Cook Inlet was filed Tuesday by four groups, including an Alaska Native village, that claim seismic testing will harm endangered beluga whales.