Aug 27, 2015

Fracking caused Canadian quake: media report

Fracking by a Canadian subsidiary of Malaysian oil and gas giant Petronas triggered one of the world’s largest earthquakes linked to the controversial practice, according to a report Wednesday by Canada’s public broadcaster. The British Columbia Oil and Gas Commission said it has linked ...

U.S. markets falter after volatile day of trading

Aug 25, 2015

U.S. markets falter after volatile day of trading

U.S. stock indexes plunged almost 4 percent on Monday as investors, rattled about China’s economy, sold heavily in an unusually volatile session that confirmed the benchmark S&P 500 was formally in a correction. The Dow Jones industrial average briefly slumped more than 1,000 points ...

Jul 30, 2015

Japan mulls lifting sanctions against Iran

The government is considering lifting its sanctions against Iran, depending on Tehran’s progress in fulfilling the terms of the nuclear agreement it reached recently with six world powers, according to informed sources. Iran is an important energy supplier for Japan and is exploring the ...

Jul 16, 2015

Northern Canada proposes potential Arctic oil pipeline

Canada’s provincial Northwest Territories government has been talking to pipeline companies about shipping crude oil through the Arctic, according to the territory’s minister in charge of resource development. David Ramsay, the territory’s minister of industry, and N.W.T. Premier Bob McLeod, have been touting the ...

California farmers forced to use oil wells' wastewater

Jul 3, 2015

California farmers forced to use oil wells' wastewater

AFP-JIJI An efficient solution to a historic drought, or an environmentally risky pact with the devil? That is the question raised by California farmers who are irrigating their crops with wastewater supplied by oil companies, in an arrangement slammed as dangerous by environmental campaigners. ...