Quantcast
Home » Topics » Oil

Libyan separatists defy world, load oil onto North Korean tanker

Libya separatists load NKorea oil ship and ignore warning (via AFP) Libyan separatists loaded oil onto a North Korean tanker for a second consecutive day on Sunday, ignoring the central government’s threats of military action, an industry official said. The separatists are former rebels who have turned against the interim……

Oil sands environmental impact unknown: Canada audit

OTTAWA — Key gaps in information mean Canada has been unable to assess the impact of exploiting Alberta’s oil sands, the nation’s environment commissioner said Tuesday. Lack of information due to “insufficient or inadequate environmental monitoring systems” mean the federal environmental and water agencies cannot build a clear picture of…

Egypt plans big rise in price of gas to Israel

Egypt will substantially raise the price of its gas exports to Israel, which have stopped after militants blew up a Sinai desert pipeline, an Egyptian newspaper reported on Tuesday. Oil minister Abdullah Ghurab said there would be “a large increase in the price” after the revision which would be announced soon, the state-owned Al-Ahram…

Oil from giant spill reaches Chinese coast

BEIJING — Oil from a huge spill off the Chinese coast has been found washed up on the shore in two separate areas, state media reported on Wednesday. A 300-metre “belt” of oil was found on a bathing beach in the port of Jingtang in the northern province of Hebei,…

Oil firms in China come under fire

BEIJING — Chinese netizens and a state press report on Sunday questioned safety standards at oil firms after a fire erupted at a plant owned by state-run CNPC — the industry’s fourth incident in six weeks. The country is still grappling with a huge oil spill off its eastern coast…

Oil spills into Yellowstone River after Exxon Mobil pipeline ruptures

An Exxon Mobil pipeline that runs under the Yellowstone River in Montana ruptured Friday night and leaked for about a half-hour. The New York Times reported that the over 120 residents in the town of Laurel, downstream from the rupture, had to be evacuated because officials feared a possible explosion.…

Oil prices fall amid rumors of increased output

NEW YORK – Oil prices fell Monday amid worries about a faltering global economic recovery and speculation that the OPEC may raise supply. New York’s main contract, WTI light sweet crude for delivery in July, finished the trading session at $99.01 a barrel, a loss of $1.21 from Friday’s closing…

Oil prices drop at fastest rate in two years amid rapid sell-off

LONDON (AFP) – The plunge in oil prices accelerated on Friday, as dealers became nervous about the release of US jobs data later in the day, analysts said. Both main global contracts had posted gains in the morning as bargain hunters stepped in following Thursday’s sell-off that saw New York…

David Koch: ‘Hardcore socialist’ Obama is ‘scary to me’

Oil baron David Koch has made it clear he is no fan of President Barack Obama, but Wednesday night he provided a fresh reason for his anti-Obama views: the president is frightening. Obama is “a hardcore socialist,” Koch told the New York Magazine at a spring ball, “and he’s marvelous…

Koch brothers pick a fight with The New Yorker

Oil baron brothers David and Charles Koch aren’t the types to throw out old magazines, according to recent reports. The Koch brothers have taken up against the American Association of Magazine Editors, who recently nominated an anti-Koch New Yorker article for a National Magazine Award in reporting. Jane Mayer’s “Covert…

Page 1 of 7123Next ›Last »
Google+