OIL - INDO DAILY

Australia blames firms for slow response to Solomons oil spill

Mar 08, 2019 (AFP)

MV Solomon Trader ran aground during high winds on February 5 while loading bauxite at remote Rennell Island. More than a month later, the 225-metre (740-foot) ...

Norway sovereign wealth fund, world's biggest, to dump oil and gas

Mar 08, 2019 (AFP)

While the decision is based solely on financial considerations and not on the environment or climate change, a divestment -- even partial sell-off -- by an inve...

World's biggest sovereign wealth fund to decide on dumping oil

Mar 08, 2019 (AFP)

While the decision is said to be based solely on financial considerations and not on the environment or climate change, a divestment by an investor worth more t...

In Nigeria's polluted Ogoniland, signs of a cleanup

Mar 08, 2019 (AFP)

Decades of oil spills left their region an environmental disaster zone -- but now hopes are high of a rebirth of farming, fishing and clean water. Alode-Eleme, ...

Ecuador to clean up Texaco's decades-old Amazon spill

Mar 07, 2019 (UPI)

After 26 years of legal actions in Ecuador, the United States, Canada and Europe that failed to result in any significant cleanup effort of areas affected by cr...

US fuel prices see biggest Jan-Feb rise in 4 years

Mar 07, 2019 (UPI)

Currently at $2.42 per gallon, gasoline prices are three cents higher than last week, but as much as 17 cents more than a month ago, according to the AAA driver...

Oil prices rise as inventory buildup less than anticipated

Mar 07, 2019 (UPI)

The U.S. Energy Information Administration on Wednesday issued a report showing a lower buildup of stocks than Tuesday's report from the American Petroleum Inst...

ExxonMobil reaches $600K settlement for 2013 refinery fire

Mar 07, 2019 (UPI)

The oil corporation agreed to pay a $616,000 civil penalty to resolve federal claims that it violated the Clean Air Act, which requires measures to prevent acci...

ExxonMobil, Chevron ramp up Permian oil output

Mar 07, 2019 (UPI)

"Our plans are attractive at a range of prices and we expect them to drive more value as we continue to lower our development and production costs," Neil Chapma...

What makes natural gas bottlenecks happen during extreme cold snaps

Mar 04, 2019 (SPX)

This might seem like a paradox. U.S. gas production is at an all-time high, and electricity generation from renewable sources is growing at a record pace. As an...

Venezuela moving oil company office to Russia

Mar 01, 2019 (UPI)

Rodriguez said Venezuela President Nicolas Maduro has instructed the office to relocate from Lisbon, Portugal, to Moscow - so it can work closer with Russian co...

New Zealand joins Solomons oil spill response

Mar 01, 2019 (AFP)

The MV Solomon Trader became stranded on a coral reef on February 5 while loading bauxite at remote Rennell Island, about 240 kilometres (150 miles) south of th...

Total halts French Guiana offshore oil drilling

Feb 28, 2019 (AFP)

In December, Total said it would start drilling on a maritime licence covering an exploration area 150 kilometres (93 miles) off the coast of the French territo...

Russia, China veto US measure on Venezuela in UN Council

Feb 28, 2019 (AFP)

The failure to take action on the two competing drafts laid bare divisions among world powers over the way forward in Venezuela, which is mired in a political s...

China, Russia urge against military action in Venezuela

Feb 27, 2019 (AFP)

Russia and China, which have had close relations with Maduro over the years, have repeatedly warned against any foreign interference in Venezuela, while Washing...

UK police arrest activists at oil, gas industry meet

Feb 27, 2019 (AFP)

Officers detained the protesters after they targeted the annual International Petroleum (IP) Week gathering of industry executives, being held at the Interconti...

Military desertion of Maduro slow but hopes high

Feb 27, 2019 (AFP)

Emboldened by opposition leader Juan Guaido's attempts to force in humanitarian aid through the borders with Colombia and Brazil, hundreds of military personnel...

US fuel prices see biggest weekly gain so far this year

Feb 27, 2019 (SPX)

"Pump prices have increased around the country as refineries gear up for spring gasoline production and maintenance season," according to the AAA's weekly fuel ...

Colombia says 326 Venezuelan army deserters since Saturday

Feb 26, 2019 (AFP)

Most of the deserting soldiers slipped into Colombia in the same area as the main border crossing blocked by Venezuela's military, Migration Colombia said. The ...

U.S. sanctions on Venezuelan oil could cut the output of refineries at home

Feb 22, 2019 (The Conversation)

As the interim director of the Tulane Energy Institute, which tracks energy markets and provides forecasts, and someone with 35 years of oil industry experience...