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 …

ReutersIraq to start exporting Kirkuk oil to Iran before end-January: Iraqi oil minister LuaibiReutersBAGHDAD (Reuters) - Iraq will start exporting oil from the northern Kirkuk fields to Iran before end January, Iraqi Oil Minister Jabar al-Luaibi told repo …

Iraq to use drones to protect pipelines in first quarter 2018: Oil MinistryReutersBAGHDAD (Reuters) - Iraq plans to use drones to monitor and protect its export and production pipelines in the first quarter of 2018, an oil ministry spokesman said on Monday …

Iraq to use drones to protect pipelines in Q1 2018 -Oil MinistryReutersBAGHDAD, Dec 18 (Reuters) - Iraq plans to use drones to monitor and protect its export and production pipelines in the first quarter of 2018, an oil ministry spokesman said on Monday. O …

Is This The Top Of The Oil Market?OilPrice.comThe surge in gasoline stocks offset the positive news of a crude inventory drawdown this week, deflating sentiment surrounding crude oil prices. Gasoline stocks jumped by a stunning 6.8 million barrels for the …

ReutersIraq oil minister says Kirkuk oil swap deal with Iran is for one yearReutersLuaibi also said that the construction of an oil pipeline from Kirkuk to the Turkish port of Ceyhan will take one year to build. It will replace an old, badly damaged sectio …

ReutersOPEC said to agree extended oil supply cut for full 2018ReutersThe delegate said OPEC was still discussing whether to cap the oil output of Libya, which had been exempted from production cuts due to unrest. The 14-member Organization of the Petroleu …

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 …

CNBCUS crude tops two-year high as Keystone outage hits supplyReutersNEW YORK (Reuters) - U.S. oil prices hit their highest levels in more than two years on Friday after the continued shutdown of a pipeline running from Canada to the United States was expe …