Oil production booms as new year beginsJamestown SunThe United States is so awash in oil that petroleum-rich Saudi Arabia's state-owned oil and natural gas company is reportedly interested in investing in the fertile Texas Permian Basin shale oil regio …

CBC.caGas, oil prices up in PEICBC.caIslanders are waking up to higher prices for gas and heating oil on New Year's Day. The Island Regulatory and Appeals Commission announced the scheduled price adjustment at midnight. It includes: Gasoline up four ce …

Science DailyProtected tropical forests are threatened by the bounty of adjacent oil palm plantationsScience DailyOver two decades, the international team of scientists found that oil palm production in Malaysia has an impact beyond the direct loss of habi …

Financial TimesNeptune Energy hires veteran US oil executiveFinancial TimesThe UK's Neptune Energy has hired a veteran US executive to lead its expansion as it prepares to complete its $4bn acquisition of oil and gas assets from Engie of France. Jim Ho …

New York TimesShell and Eni will face the “biggest corporate bribery trial” over a $1.1 billion Nigerian oil dealQuartzA five-year old complaint filed by an anti-corruption coalition over a billion-dollar oil deal in Nigeria has resulted in the “biggest co …

CBC.caCanadian offshore oil interest grows as pipeline woes sink Alberta pricesCBC.caexploration in a single region. Winning a bid entitles a company to explore the parcel for six years. Offshore interest comes as western Canadian pipeline and rail capacit …

Diesel vehicles in oil sands operations contribute to regional pollutionEurekAlert (press release)Wildfires, cigarette smoking and vehicles all emit a potentially harmful compound called isocyanic acid. The substance has been linked to several health condi …

Channel 4 NewsSenate vote could lead to oil drilling in Alaska refugeChannel 4 NewsThe newly passed U.S. Senate tax reform bill also includes legislation to allow drilling for oil in Alaska's Arctic National Wildlife Refuge, which conservationists say …

UPDATE 1-Russia's November oil output edges upReutersOutput 10.94 mln bpd vs 10.93 mln bpd in Oct * Moscow complying with global deal (Adds detail) MOSCOW, Dec 2 (Reuters) - Russian oil output rose to 10.94 million barrels per day (bpd) in November fro …

UPDATE 1-Iraq offers nine oil and gas blocks for exploration near Iran, Kuwait bordersReuters“The ministry is targeting to boost both production and reserves of oil and gas in cooperation with international companies,” said the ministry statement. Iraq has …