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Chad suspends Chinese oil company for environmental violations
Chad said Tuesday it had suspended all operations of the local unit of China National Petroleum Corporation for flagrant violations of environmental regulations while exploring for crude. ... more
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China set to become world's biggest net oil importer
China is set to overtake the United States as the world's largest net oil importer from October, according to US figures, due to a combination of rising Chinese demand and increased US production. ... more
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BP sues US over contract ban after 2010 Gulf spill
British energy giant BP is suing the US government for banning it from federal contracts after the deadly 2010 Deepwater Horizon disaster in the Gulf of Mexico, documents showed Tuesday. ... more
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Lightning strike sparks Venezuela oil refinery blaze
A lightning bolt ignited fuel at an oil refinery east of Caracas on Sunday, sending giant columns of black smoke into the sky and forcing hundreds to evacuate. ... more
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