oil industry

Video: South Sudan buries reports on oil pollution, birth defects
World

Video: South Sudan buries reports on oil pollution, birth defects

PALOCH, South Sudan (AP) — The oil industry in South Sudan has left a landscape pocked with hundreds of open…
Under military rule, Venezuela oil workers quit in a stampede
World

Under military rule, Venezuela oil workers quit in a stampede

Chauffeured around in a sleek black pick-up, the head of Venezuela’s oil industry, Major General Manuel Quevedo, last month toured…
Iraq, oil companies agree to restart investment, boost output
Business

Iraq, oil companies agree to restart investment, boost output

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing,…
Global oil market to reach supply-demand balance by end of 2016: BP
Business

Global oil market to reach supply-demand balance by end of 2016: BP

The global oil market will reach the balance of supply and demand by the end of the year, BP head…
US energy bankruptcy wave surges despite recovering oil prices
Business

US energy bankruptcy wave surges despite recovering oil prices

The wave of U.S. oil and gas bankruptcies surged past 60 this week, an ominous sign that the recovery of…
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