Oil News

An oil spill in Ecuador is beginning to impact Peru and is now threatening Brazil as the oil travels through waterways. According to media reports, Brazil's water supply is under threat of contamination.

‘Big Men’ is a black gold exposé that goes behind closed doors with key players in the African oil industry, including government officials, foreign investors and local militants.

Aliko Dangote, the African tycoon, plans to invest up to $8 billion in a new oil refinery in Nigeria. Nigeria's output will be doubled if this refinery is built.

For the second time this year the Royal Dutch Shell company has shut down a major oil pipeline in Nigeria's south in order to repair damage that was the result of theft.

Governments of the EU may ease the Syrian oil embargo next week in order to allow for purchasers of oil to buy it from the Syrian opposition in order to support them financially in their struggle to oust the Syrian President Bashar al-Assad.

Last Friday, Shell Pipeline shut down their West Columbia Texas pipeline after it was found that 700 barrels had been lost, which amounts to almost 30,000 gallons of crude oil. A train derailed in Canada, and then there was that Mayflower, AR incident.

Baghdad - The Iraqi Prime Minister Nouri Al-Maliki announced on Friday that he would gladly work on reconciling Iraq's relations with Turkey.

America’s largest foreign oil source is proposing a controversial pipeline which would create thousands of jobs but also create a risk of contaminating 30% of America's irrigation water with cancer causing compounds if the pipeline ever were to leak.

Washington - Tens of thousands of climate change activists descended on the National Mall in Washington, DC. People came from numerous U.S. states and Canada to protest various actions relating to energy forms.

Investment in Algeria's oil and gas production is threatened by new security fears that add on to longer term issues scaring away foreign firms.