Louisiana Oystermen Still Struggling Two Years After Oil Spill Nearly two years have passed since the accident that changed the Collins brothers' lives. We weren't rich like we can travel the world. But we weren't worried about [paying] our mortgage,...
TEHRAN, Feb. 26 (Xinhua) -- Iran has refused to deliver oil to Greece in Persian Gulf, the local Fars news agency reported on Sunday. The Islamic republic refused to deliver a shipment of 500,000 barrels of crude oil to one of the refineries in Greec...
Venezuela in bid to export more oil Summary 2 January 2012 Venezuela's Orinoco river delta is set to become a major hub for the oil industry in 2012 as several new projects begin to produce oil for the first time. The area has some of the biggest oil...
HOUSTON, Sept. 7 (Xinhua) -- British oil giant BP announced Wednesday it had a major oil discovery in the Gulf of Mexico. An appraisal well the company drilled in a previously untested northern segment of the Mad Dog field in the Gulf of Mexico found...
Saudi Arabia is signaling that it is going to boost its supply of oil on its own after failing to convince other oil producers to jointly agree to more production. Several news agencies reported Saturday that the Saudis could increase their oil produ...