Oil

‘Hijacked’ oil tanker was taken to port by its crew in dispute with owners
A oil tanker, which was thought to have been hijacked, has been found after being taken to port by its own crew in a dispute with owners.
Oil price tops $50 for first time in 2016 as Canada fires fuel recovery
The barrel price of Brent Crude oil, which is seen as the global benchmark of oil industry performance, has reached $50 for the first time in 2016 as supply...
Workers forced to flee as resurgent wildfire threatens Alberta oil camps
Some 8,000 workers at oil camps north of the fire-ravaged Canadian city of Fort McMurray have been ordered out of the area as authorities continue the...
Self-cleaning aeroplane toilet kills 99.9% of bacteria within three seconds
Germophobes rejoice. Boeing has developed an aeroplane bathroom that can automatically kill 99.9% of bacteria. The moment someone exits the bathroom,...
Damaged pipeline leaks 3,000 barrels of oil into Peru’s Amazon region
Ruptures in Peru’s main oil pipeline have spilled 3,000 barrels of crude in an Amazonian region, operator Petroperu said.
Saudis, Russia agree oil output freeze, talks with Iran to follow
Oil ministers from three Opec countries, Saudi Arabia, Qatar and Venezuela, as well as Russia, agreed to freeze oil output at January levels, as long as...
Lost owl gets helicopter ride after crash landing on North Sea oil rig
A disorientated owl has hitched a lift on a helicopter after flying more than 100 miles to an oil rig in the North Sea.
Iran eyes $185bn oil and gas bonanza as Kerry fights to clear sanctions deal
Iran is targeting oil and gas projects worth $185bn by 2020 as it rebuilds its main industries and trade relationships following a nuclear agreement with...
Mexican oil company Pemex finds biggest oil reserve for years
Mexican state energy giant Pemex announced its biggest exploration success in five years on Thursday - the discovery of new shallow water oil fields that...
Argentina begins legal action against UK firms drilling for oil off Falkands
Argentina has started legal action against three British companies drilling for oil and gas off the disputed Falkland Islands. Argentina’s minister...
Spoiler alert: Google is doing all it can to rid the world of spoilers
Google has been granted a patent for a system which will block TV and movie spoilers for web users. The proposed filter would spot and hide spoilers...
Black gold: ‘100 billion barrels of oil’ discovered beneath Gatwick Airport
The estimated size of an oil find near Gatwick Airport has been upgraded to 100 billion barrels. UK Oil & Gas Investments (UKOG) said the Horse...
‘100 billion barrels of oil’ discovered beneath Gatwick Airport
The estimated size of an oil find near Gatwick Airport has been upgraded to 100 billion barrels. UK Oil & Gas Investments (UKOG) said the Horse...
Amnesty warns on ‘seriously alarming’ Nigeria oil spills
Amnesty International said two major oil companies operating in Nigeria reported a combined 553 oil spills in 2014, a figure that qualifies as a national...
Oil prices are on the way down again; will gasoline prices follow?
The price of oil is tumbling again, rattling an already-shaken oil industry and heralding lower prices for consumers.
Canada police foil Valentine’s day shooting-spree plot
Canadian police said they had foiled a plot that would have seen an armed duo carry out a shooting spree in the city of Halifax on Valentine’s Day...
China seizes toilet paper bearing image of Hong Kong leader
Authorities in southern China have seized about 8,000 rolls of toilet paper and another 20,000 packages of tissues containing unflattering images of Hong...
Not so hard: Scientists find way to unboil egg, could aid in cancer treatment
Researchers have managed to unboil an ordinary boiled egg, and the results may have implications for cancer treatments, biotechnology and a broad range...
At least 57 people killed in fiery Pakistan bus-oil tanker crash
A passenger bus crashed into an oil tanker in southern Pakistan early Sunday, killing 57 people with remains charred beyond recognition, officials said.
Oil drama continues to rock markets in Asia but Europe and U.S. rally
European stock markets mostly rose Tuesday as investors snapped up bargains after the previous day’s slump but London was lower following poorly-received...
22 Libyan soldiers killed as armed speedboats attack oil terminals
More than 20 soldiers have been killed in a surprise attack in which fighters used speedboats in a failed bid to seize some of Libya’s main oil terminals.
United Nations: Israel should pay $850m for 2006 oil spill
The UN General Assembly has passed a resolution asking Israel to pay Lebanon more than $850m in damages for an oil spill caused by an Israeli air force...
Panic selling at Gulf stock markets on first day of trading since OPEC decision
Share prices in Gulf Arab states plunged Sunday on the first day of trading since OPEC decided to maintain oil output, sending crude prices to five-year...
Oil price set to fall further in 2015, IEA predicts
The slide of world oil prices isn’t over according to the International Energy Agency, which has predicted oil prices will fall further in 2015.
Oil at lowest price since 2010, dipping below $80 a barrel as China slows down
Brent crude oil fell to a four-year low below $80 a barrel on Thursday after Chinese data showed a further slowdown in activity in the world’s biggest...
China battles with abandoned baby crisis
A new-born baby has been rescued from a university toilet in the city of Linyi, north-western China.
China studies floating gas plants for South China Sea
Chinese energy giant CNOOC Group is studying the possibility of building a multi-billion-dollar floating liquefied natural gas vessel, as-yet untried technology...
Give it back: BP want money paid for oil spills returned
BP wants a federal judge to order restitution – plus interest – of what it says are hundreds of millions of dollars in overpayments made to some businesses...
With new grip on oil fields, Iraq Kurds unveil plan to ramp up exports
Iraq’s self-ruling Kurds outlined plans on Wednesday to swiftly ramp up oil exports now that their forces have taken control of Iraq’s main...

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