Eco-friendly solution for oil spill developed

Researchers, including two Indian-origin scientists, have developed an eco-friendly bio-degradable green "herding" agent that can be used to clean up light crude oil spills on water.

Iraqi Shi'ite special forces take lead in Baiji fight
Iraqi Shi'ite special forces take lead in Baiji fight

  Iraq`s most powerful Shi`ite force said it is relying more heavily on elite units who fought in Syria in the battle against Islamic State for control of a critical Iraqi refinery and is now well placed to counter the militants` guerrilla warfare.

Angolan president heads to China as low oil price bites

Angolan President Jose Eduardo dos Santos headed on Monday for his first official visit to China in seven years as his country, which is Africa`s second largest oil producer, struggles with falling oil prices.

Iran hopes sanctions will be lifted by December


Tehran: Iran`s deputy oil minister said Monday he hoped for a total lifting of international sanctions later this year if a nuclear deal is struck with world powers by June 30.

Nigerian bank announces early closing due to fuel crisis

One of Nigeria`s biggest banks on Monday announced it was shutting branches early due to a lack of fuel, in the latest sign of shortages hitting businesses.

California oil pipeline ruptures, leaks into ocean
California oil pipeline ruptures, leaks into ocean

An oil pipeline ruptured Tuesday dumping oil into the Pacific Ocean near Santa Barbara, California, the US Coast Guard said.

Iraq`s largest oil refinery under threat from IS: US

 Iraq`s largest oil refinery is under growing threat from Islamic State jihadists, who have advanced inside the perimeter of the facility, the US military said Wednesday.

Andhra Pradesh to seek share in oil, gas revenue from KG basin

The Andhra Pradesh government on Monday decided to seek a share in the revenue from the oil and natural gas produced in the KG basin.

Oklahoma scientists say earthquakes linked to oil and gas work

Oklahoma geologists have documented strong links between increased seismic activity in the state and the injection into the ground of wastewater from oil and gas production, a state agency said on Tuesday.

Iraq clears massive oil refinery of IS: Coalition

Iraqi forces backed by US-led air strikes cleared the country`s largest oil refinery of the Islamic State group, the international coalition helping Baghdad fight the jihadists said on Sunday.

Yemen tribesmen seize oil terminal: Military source

Yemeni tribal forces on Thursday took control of a major oil terminal in the country`s southeast after soldiers protecting the site withdrew, a military source said.

Mesh that captures oil but lets water through

Ever heard of a mesh that can separate oil from water? Here's one that can go a long way in future environmental cleanups.

Oil rig fire hits Mexico`s oil output

Mexico`s oil production dropped following a deadly fire at an offshore platform, while authorities are still searching for three missing workers, state-run energy firm Pemex said Sunday.

Gunmen kill nine, gas pipeline hit in Nigeria's oil-rich delta

Nigeria`s delta region was hit by violence on Friday, as gunmen killed nine people and, separately, militants blew up a gas pipeline, in a sign of returning unrest to the oil producing area days after a relatively peaceful presidential election.

Oil slumps as Iran talks deadline looms

Oil prices fell Tuesday as global powers and Iran raced to reach a deal on Tehran`s nuclear program that could ease sanctions on the crude producer, adding to the global oversupply.

Oil prices slip as market eyes possible Iran deal

Oil prices dipped Monday as traders eyed talks between Iran and global powers that could ease international sanctions on one of the world`s leading oil producers.

US benchmark West Texas Intermediate for May delivery shed 19 cents to $48.68 a barrel on the New York Mercantile Exchange.

Oil prices drop on prospect of Iran nuclear deal

Global oil prices sank today as traders mulled a potential deal over key oil producer Iran's controversial nuclear energy programme that could worsen the global supply glut, analysts said.