Search
Azerbaijan may be experiencing an oil boom but analysts warn it could be short-lived and millions of ordinary Azerbaijanis have so far seen little of the windfall from oil revenues.
About 50 Cofan Indians, some holding handkerchiefs over their faces to fend off an acrid chemical stench, gathered around two contaminated open pits they say were left behind and never adequately cleaned up by the former Texaco Corp.
A consortium of eight companies said on Thursday that it would spend about $100 million to prepare applications to build two nuclear reactors, in Mississippi and Alabama, a step that seems to move the industry closer to its first new reactor order since the 1970's.
Oklahoma-based Kerr-McGee's contract with Morocco to explore for oil and gain in the contested territory on the Atlantic coast of northern Africa is complicating a 30 year independence struggle.
The oil crisis is hitting Indonesia - one the world's biggest oil producers - as it struggles to end subsidised prices for petrol.
As the lobbying heats up in Washington over Unocal, a midsize American oil company, the battle lines in the takeover contest are now drawn clearly, if oddly, by its suitors.
A Belgian court has stopped an investigation into alleged crimes against humanity committed by the French oil giant Total in military-ruled Myanmar, dashing the hopes of four refugees who brought the case.
Canadian, Spanish and Danish companies are fueling a border clash in the remote coastal waters off the northern edge of South America in an effort to profit out of recently discovered coastal oil reserves.
Democrats say that the resignation of a former official on the White House Council on Environmental Quality to join ExxonMobil was an example of coziness between the Bush administration and the oil industry.
BP is facing a £15m compensation claim from a group of Colombian farmers who say that the British oil company took advantage of a regime of terror by government paramilitaries to profit from the construction of a 450-mile pipeline.
Environmental Power Corporation , in collaboration with Dairyland Power Cooperative, is formally commissioning the first of its electricity generating anaerobic digester systems.