NEWSWORTHY
Saudis snub threats over writer's disappearance as stocks tank after Trump comments
Saudi Arabia on Sunday threatened to retaliate for any sanctions imposed against it after President Donald Trump said the oil-rich kingdom deserves "severe punishment" if it is responsible for the disappearance and suspected murder of Washington Post contributor Jamal Khashoggi. The warning from the world's ...
French maritime authorities are trying to contain an apparent oil spill after two merchant ships collided in the Mediterranean Sea north of Corsica. A spokesman for the regional French maritime authority said no one was injured in Sunday's collision, and the size and exact nature ...
Despite findings linking fossil fuels to ecological damage and global warming, big oil companies kept their data secret, and then lied about it, potentially dooming the rest of us as a result.
Abe to discuss sanctions and oil with Iran's Rouhani on sidelines of U.N. meeting in New York
Prime Minister Shinzo Abe is planning to have talks with Iranian President Hassan Rouhani later this month in New York following the reinstatement of sanctions against the Middle Eastern country by the United States, a Japanese government source said Sunday. Japan hopes to maintain ties ...
Venezuelan President Nicolas Maduro said Saturday he had new commitments from Beijing on funding for the oil industry on which crisis-hit Caracas relies. Oil output is the main generator of Venezuela's income but has fallen to its lowest level in three decades, with the South ...
Several armed men attacked the headquarters of the National Oil Corp. (NOC) in the Libyan capital Monday and several blasts could be heard, a witness said. Gunfire could be heard as a security force allied to the Tripoli-based government arrived at the landmark building located ...
Japan to halt Iran oil imports under U.S. pressure, after failing to win waiver: reports
Japan's major oil wholesalers are preparing to suspend crude oil imports from Iran in October, amid fears Washington will sanction countries importing Iranian crude, local media reported. U.S. President Donald Trump in May pulled out of a 2015 nuclear deal with Iran and last month ...
Japan's oil distributors plan to stop importing Iranian crude in October: sources
Major oil distributors, taking heed of U.S. demands, are expected to suspend crude imports from Iran in October and switch to other producers in the Middle East.
Japan logged ¥231 billion trade deficit in July as oil prices climbed
Japan fell into red ink in the goods trade for the first time in two months in July as the cost of energy imports surged, government data showed Thursday. The ¥231.2 billion trade deficit followed the revised ¥720.8 billion surplus logged in June, the preliminary ...
Judge orders environmental review of Keystone XL pipeline, in setback for Trump
A federal judge in Montana on Wednesday ordered the U.S. State Department to do a full environmental review of a revised route for the Keystone XL crude oil pipeline, a move that could delay the project and prove a setback for the Trump administration. For ...
Once-eased U.S. economic sanctions against Iran back in effect
The first set of U.S. sanctions against Iran that had been eased under the landmark nuclear accord went back into effect early Tuesday under an executive order signed by President Donald Trump, targeting financial transactions that involve U.S. dollars, Iran's automotive sector, the purchase ...
Japan's utilities crank up oil-fired power in face of heat wave
To cool down, electricity suppliers are firing up fossil fuels.
