Baghdad`s oil ministry condemned Iraqi Kurdistan Saturday for further exports of crude from wells in the autonomous northern region, part of a long-running row over the country`s vast hydrocarbon reserves.
Oil prices rose in Asian trade today after Russia ordered new military exercises on the border with Ukraine in response to Kiev launching a deadly assault against pro-Kremlin rebels occupying a flashpoint town.
Plastic, gasoline, rubber - a lot of everyday items are based on oil. But as this raw material is becoming increasingly scarce, scientists now plan to produce isobutene - a basic chemical used in the chemical industry from sugar and not from oil.
Scotland`s First Minister Alex Salmond said on Monday that latest opinion polls showed the race for independence was tightening as he pledged that oil and gas policy in the North Sea would be more stable under an independent Scotland.
Women gang raped and then executed in their hospital beds, worshippers gunned down in a church, children executed: details are emerging of yet more atrocities committed amid South Sudan`s slide into carnage.