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Lessons learned in 70s have made US, world economies less vulnerable to oil shocksThe world economy is experiencing a significant oil price surge reminiscent of the 1970s. However, countries are now better prepared. Decad...- Today in US history on March 12: Coca-Cola bottled, Truman doctrine roots, Alaska oilThis day in US history saw pivotal moments. Coca-Cola bottles first appeared. A Supreme Court justice was impeached. President Roosevelt de...
- Top Trump officials visit prolific Alaska oil field amid push to expand drillingThe Trump administration is pushing to double oil production in Alaska and construct a natural gas project, aiming to boost energy supplies...
- Five most dangerous roads in the worldHere are some of the most dangerous roads in the world. They are set in stunning landscapes but are among the most difficult to navigate
- American ship cleared for Alang beachingThe Supreme Court has asked Gujarat Maritime Board to ascertain whether the ship allegedly containing hazardous material can be beached at ...
- BP in talks to sell Alaska oil field: ReportBP is in talks to sell up to 12 billion dollars (9.5 billion euros) of assets, including a substantial stake in a giant Alaskan oil field, ...
- Spill may cost BP its licence, wellsBP may lose control of its US oil and natural gas wells.
- BP's Alaska arm pleads guilty to oil spill chargeThe Alaska subsidiary of London-based oil giant BP is expected to plead guilty to an environmental crime on Thursday for a 200,000-gallon (...
- Oil prices lower in Asian tradeOil prices continued lower in Asian trade on Monday after reports of progress in last-ditch talks on Iran's nuclear program helped ease som...
- Oil prices lower after rise in gasoline stocksOil prices were weaker in Asian hours on Thursday after an unexpected rise in US gasoline reserves, dealers said.
- Oil steady at $74 amid terror alertCrude oil was little changed amid speculation that terrorist threats won't slow the economy or curb air travel as much as expected yesterda...
- Oil market rests on fragile supply cushion: IEAEstimated world oil product demand is flat at 84.8 million barrels per day this year and the market has a fragile cushion to absorb supply ...
- Oil slips below $76 on rising global security concernsOil slipped almost $1 to below $76 a barrel on Thursday after the UK government said it had thwarted a plot to blow up an aircraft in trans...
- Spillover effect: BP in more troubleAlaska governor Frank Murkowski said BP misled the state with satisfactory maintenance reports and launched an investigation into the oil g...
- Co denies cover-up as safety queries mountBP denied it had ignored corrosion problems at its stricken Alaskan pipeline for years as it battled to fix operations at America’s biggest...
- Oil traders seek crude tankers from S Korea to USSeveral oil majors and western traders are looking to charter large tankers from South Korea to the US West Coast, apparently to lift crude...
- Alaska spill to hurt BP's green imageIn an industry known for butting heads with environmentalists, British oil company BP has long managed to convince Americans that it is a r...
- Oil prices surge on BP Alaska shutdownCrude prices have flared with Brent futures soaring to a new record high of $78.64 after a pipeline spill forced BP to start closing produc...
- US ready with emergency oil loansUS energy secretary Sam Bodman said the government stood ready to make emergency oil loans to West Coast refineries facing a loss of crude ...
- BP shuts its biggest oilfield in AlaskaOil giant BP has indefinitely shut down the nation’s biggest oilfield after finding a pipeline leak, removing about 8% of US oil production...
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