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Mideast Oil Loses Some of its Power
On his way back from the Yalta conference in February 1945 where US President Franklin D. Roosevelt met with Great Britain's Winston Churchill and the Soviet Union's Stalin, the American president m ... more
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Chevron, Transocean settle over Rio oil spill
US energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors on Friday to settle lawsuits over an oil spill off the coast of Rio de Janeiro. ... more
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Nigerian residents reject Shell settlement over oil spills
Negotiations between Shell and Nigerian residents affected by two oil spills in 2008 failed to reach a compensation deal Friday, with residents' lawyers calling the oil giant's settlement offer "insulting." ... more
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China's Xi agrees $3 bn in credits for Kyrgyzstan
China on Wednesday agreed credits worth over three billion dollars for energy projects in its northern neighbour Kyrgyzstan, during a visit by President Xi Jinping aimed at boosting Beijing's influence in Central Asia. ... more
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