BloombergIndians Pay $600 Million for Stake in Abu Dhabi Oil ConcessionBloombergThe Indian consortium is comprised of ONGC's wholly owned subsidiary ONGC Videsh, Indian Oil Corp., and Bharat PetroResources, which is a 100 percent subsidiary of Bharat P …

New York PostAt least 1,000 gallons of oil spill into N. Carolina river | New York PostNew York PostASHEVILLE, N.C. — At least 1000 gallons of petroleum fuel has spilled into a river in North Carolina. The Asheville-Citizen Times reports authorities warn.. …

Aljazeera.comMaduro to pitch oil-backed cryptocurrency petro to OPEC - Al JazeeraAljazeera.comNicolas Maduro has proposed an oil-backed "joint cryptocurrency mechanism" within OPEC to support Venezuela's new, state-backed virtual currency - t …

BloombergOil World Turned Upside Down as America Sells Oil in Middle EastBloombergIt's the fourth-largest OPEC producer's first cargo of U.S. oil, according to Energy Information Administration data. Although it exports more than two million barrel …

BloombergOil World Turns Upside Down as US Sells Oil in Middle EastBloombergWith rising crude exports and already booming overseas sales of refined petroleum products such as gasoline, the U.S. net oil imports have plunged to below 3 million barrels a day, …

Financial TimesNorth Sea oil tax haul gushes to £1bn as crude prices recoverFinancial Times“We've seen an uptick in production and an increase in the oil price. That, combined with a lower cost base will boost the industry's contribution,” said Ada …

Guardian (blog)Iran Can Boost Output Fast If OPEC Ends Cuts, Oil Minister SaysBloombergIran can swiftly increase production of crude if OPEC decides to scrap limits on global output when the group meets next in June, Oil Minister Bijan Namdar Zanganeh said …

BloombergBP to Help Iraq Boost Oil Flow at Fields Retaken From KurdsBloomberg“North Oil must restore its glory and its output averages to 1.5 million barrels a day,” al-Luaibi said at the signing ceremony. “We have an ambitious plan to activate the company …

Financial TimesCommodity trader Vitol in $530m Nigerian oil-for-loan dealFinancial TimesVitol, the world's largest independent oil trader, will lead a $530m oil-for-loan deal with a Nigerian energy company as the commodity house helps to extend large f …

Prospect of shale wave looms over resurgent oil pricesCBC.caBut still looming over the recovery is United States shale oil, which played a key role in helping create the glut and was blamed for killing a short-lived rally early last year. The concern is th …