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Chevron alleges Ecuador fraud in oil pollution case
Chevron claimed Tuesday that corrupt Ecuadoran plaintiffs mounted an elaborate fraud to win a multi-billion-dollar case against it for polluting the Amazonian rainforest, in arguments before a US court. ... more
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Sinopec suspends executives over China pipeline blast: Xinhua
Chinese oil giant Sinopec has suspended two executives following a pipeline explosion in the coastal city of Qingdao which left more than 50 people dead, state media said Wednesday. ... more
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Minister says Poland to produce shale gas next year
Poland will begin commercial production of shale gas next year, the Deputy Environment Minister said Wednesday, becoming the first European country to use the controversial technique known as fracking. ... more
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Argentina, Repsol said nearing compensation compromise
Argentina and major Spanish oil producer Repsol are nearer a compromise over last year's government unsettling seizure of Repsol unit YPF. ... more
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