ReutersIraq nears oil output capacity of 5 million bpd, committed to OPEC cutsReutersLuaibi said current Iraq's oil production is about 4.3 million barrels per day. Despite the increase in oil production from the United States, “so far there is a balan …

U.S. News & World ReportUPDATE 1-Iraq nears oil output capacity of 5 mln bpd, committed to OPEC cutsReutersLuaibi said current Iraq's oil production is about 4.3 million barrels per day. Despite the increase in oil production from the United States, “s …

Channel NewsAsiaIndia oil firm chopper crashes, at least four deadChannel NewsAsiaThe aircraft, carrying five employees of India's state-run oil exploration arm ONGC and two pilots, lost contact with air traffic control 15 minutes after taking off from …

ReutersLukoil calls for exit from output deal if oil holds at $70ReutersMOSCOW (Reuters) - Russia should start exiting a global deal to cut oil output if crude prices remain at $70 per barrel for more than six months, Lukoil chief executive Vagit Alekperov …

ReutersStricken Iranian oil tanker drifts into Japan's economic zone: coast guardReutersTOKYO (Reuters) - A stricken Iranian oil tanker drifted into Japan's exclusive economic zone (EEZ) on Wednesday afternoon, a spokesman for Japan's Coast Gua …

The VergeNYC tells Big Oil it's time to pay up for climate changeThe VergeClimate change is going to cost the US billions of dollars because of extreme weather, health problems, and more — and New York City wants fossil fuel companies to help pay for i …

New York PostOil giants sued by NYC over climate change allegationsFox BusinessSan Francisco, Oakland, and Santa Cruz, California, have filed similar lawsuits against oil companies. Also Wednesday, De Blasio and Comptroller Scott Stringer said they intend …

National GeographicFour days on, the Sanchi oil tanker is still on fire the East China SeaWashington PostThis post has been updated. Four days on, rescue crews are still struggling to reach the Sanchi, an oil tanker on fire in the East China Sea. The tanke …

ReutersChina oil spill compensation claims face Iran payment snagsReutersThe tanker Sanchi, carrying 136,000 tonnes of highly flammable condensate oil, collided with the Chinese dry cargo vessel CF Crystal on Saturday in the East China Sea, causing an oil …

New York PostNew York City sues Big Oil over climate changeFinancial TimesBP, Chevron, ConocoPhillips, Exxon Mobil and Royal Dutch Shell are facing a lawsuit for “billions of dollars” after New York City accused the energy companies of contributing to clim …