WASHINGTON – U.S. authorities announced an array of settlements with oilfield-services company Weatherford International Ltd. to resolve investigations into foreign bribery, export control and sanctions violations....
NEW YORK – The U.S. Coast Guard said it was responding to a sinking vessel and oil discharge into the Mississippi River near Le Claire, Iowa,...
NEW YORK — A towboat sank Monday in the Mississippi River near the Quad Cities-area community of LeClaire, releasing oil into the water and prompting a...
ABUJA – Switzerland is ready to assist Nigeria in the ongoing investigations into the alleged more than 6.8 billion dollars (N1.1 trillion) fraudulent oil deals involving...
ABUJA – Mixed reactions have continued to greet last week’s announcement by the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke that the four government-owned refineries would...
SINGAPORE – Brent crude dropped more than $2 a barrel on Monday as supply fears eased following a breakthrough nuclear deal between world powers and Iran...
LONDON – Oil futures are mixed in Asian hours Tuesday, as skepticism about Iran’s surprise interim nuclear accord with six world powers set in, damping expectations...
BEIJING – Police in China have arrested nine people in relation to explosions that killed 55 people, state media report. The blasts in the eastern city...
SHANGAI – China has launched a broad investigation into safety at oil and gas pipelines, state media reported on Monday, as the death toll from an...
ABUJA – The Bureau of Public Enterprises (BPE) yesterday said that the bureau would privatise the four refineries in the country next year. Mr. Chigbo Anichebe,...
