EMA investigates new oil spillTrinidad NewsThe Environmental Management Authority (EMA) has confirmed it is investigating an oil spill which occurred approximately six nautical miles offshore in the Soldado North Field, Gulf of Paria on Thursday. In a medi …

Trinidad News'FAKE OIL' REALTrinidad NewsIndependent confirmation of discrepancies between reported oil production and actual production receipts, submitted by a lease operator to State-owned Petrotrin for payment, yesterday prompted the company to …

Economic TimesIndia increases import duties on edible oils as domestic prices of Oilseeds plunged below MSPEconomic TimesIndia has increased import duties on various edible oils ranging between 60% to even 100% on some oils like crude palm oil. With prices …

Oil's not wellBusiness StandardNow that the commerce minister is in Latin America, countries such as Brazil, a major exporter of refined edible oils like sunflower oil and corn oil to India, ought to seek basic customs duty exemption or place these ite …

Seattle TimesOil company proposes Arctic drilling from artificial islandSeattle TimesThis undated illustration provided by Hilcorp Alaska Inc. shows a model of an artificial gravel island of the Liberty Project, a proposal to drill in Arctic waters from th …

Big Oil Refuses To Give Up On The Barents SeaOilPrice.com (blog)Encouraged by recently opened areas and potentially huge yet-to-be-discovered resources, oil companies launched a record exploration drilling campaign in Norway's Barents Sea this year. Bu …

MarketWatchThe world's largest oil trader sees Brent plunging to $45 in 2018MarketWatchBrent oil prices could tumble more than 20% by 2018, as U.S. output surges and adds renewed pressure on an oil market that is already battling with a persistent over …

TheStreet.comMajor Crude Oil Draw Sends Oil Prices HigherOilPrice.com (blog)A day after API's estimate of a 7.13-million-barrel draw in U.S. oil inventories led benchmark prices higher, the EIA added to bullishness by reporting inventory figures largel …

BloombergOil's Biggest Rigs Head to the Junkyard - BloombergBloombergTransocean Ltd. is finally sending Pathfinder to its grave, after two years in a Caribbean purgatory that cost about $15,000 a day. The move by the world's ...and more & …

BloombergOil's Biggest Rigs Head to the JunkyardBloombergAfter oil prices cratered in 2014, the company didn't send all of its unwanted rigs out to sea in the time-honored temporary holding pattern where engines keep running and a crew remains on b …