Cuba accuses top U.S. diplomat of supporting illegal actions linked to jailed opposition leader
Cuba on Wednesday accused the top U.S. diplomat in the country of working closely with Jose Daniel Ferrer, the detained head of one of the country's largest opposition groups. The accusations against charge d'affaires Mara Tekach were a break from Cuba's normal language on U.S. ...
Iran blames deadly unrest after 50% fuel price hike on outsiders, including U.S. and Israel
As a cold rain fell on a suburb of Iran's capital on Wednesday, women swallowed by black chadors and men in green military-style jackets walked alongside the flag-draped coffin of a Revolutionary Guard member, one of over 100 people reported to be killed in ...
Congress wants review of Keystone pipeline in wake of massive spill
Top U.S. House Democrats have called for a federal review of the Keystone pipeline and the agency that regulates it in the wake of 383,000-gallon (1.4-million-liter) spill in northeastern North Dakota, the latest of three spills along the line in as many years. In a ...
Iranian security forces detained hundreds protesting a sudden surge in fuel prices, signaling there would be little tolerance for unrest sweeping the sanctions-battered country. Thousands took to the streets in several cities after authorities unexpectedly raised gasoline prices by as much as three times on ...
Saudi Aramco seeks record-setting IPO with value up to $1.7 trillion
Saudi Arabia's state-owned oil giant Aramco announced Sunday it will sell a 1.5 percent stake in the company as it looks to raise as much as $25.6 billion from the sale, potentially becoming the most-valuable initial public offering in history. The newly released figures also ...
Venezuela said secretly exporting millions of barrels of oil as tankers turn off transponders
The Dragon, a massive oil tanker flying the Liberian flag, is supposed to be floating somewhere off the coast of France, according to its last GPS signal. Instead, it's currently thousands of miles away in Venezuela where, under contract for the Russian state-oil giant Rosneft ...
New oil field found in Iran has over 50 billion barrels: president
Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country's proven reserves by a third as it struggles to sell energy abroad over U.S. sanctions. The ...
Trump OKs wider Syria oil field mission, raising legal questions about limits on defensive action
President Donald Trump has approved an expanded military mission to secure an expanse of oil fields across eastern Syria, raising a number of difficult legal questions about whether U.S. troops can launch strikes against Syrian, Russian or other forces if they threaten the oil, ...
Mitsubishi to shut Singapore oil-trading unit after losses by trader
Trading house Mitsubishi Corp. said Wednesday it will shut down a Singapore unit that trades crude oil and petroleum products after alleging earlier that a trader racked up $320 million of losses in unauthorized trading. Mitsubishi said the unit, Petro-Diamond Singapore, "has confirmed after closing ...
Methane-measuring satellite mission will be based in New Zealand
A satellite mission to measure global methane emissions from oil and gas facilities will be based in New Zealand, the government said on Wednesday, in a collaboration with a U.S. environmental group. The MethaneSAT, due to be launched in 2022, is designed to locate and ...
Trump administration to auction off Arctic Alaskan oil and gas sites next month
The Trump administration said on Tuesday it will be auctioning off nearly 4 million acres (1.6 million hectares) of land in Arctic Alaska for oil development next month, and it is promising much more territory will be open to development in the future. The Bureau ...
Saudi Arabia pulls out all the stops to ensure Aramco IPO success
Saudi Arabia is pulling out all the stops to ensure the success of Aramco's initial public offering after Crown Prince Mohammed bin Salman finally decided to offer shares in the world's largest oil producer. The kingdom cut taxes on the company for a third time, ...
