Ecuador begins pumping oil in Amazon nature reserve
Ecuador began pumping oil Wednesday from a massive field located partly on a protected nature reserve in the Amazon rainforest, drawing criticism from environmentalists and indigenous-rights groups....
UAE non-oil growth hits new high
Despite a poor global market environment, the UAE’s non-oil private sector recorded a 10-month high growth in July, according to Emirates NBD Purchasing Managers’ Index (PMI) released on...
Venezuela is selling oil for food to Jamaica
Venezuela is selling oil to Jamaica in exchange for food, medicine, farming materials and building supplies. Jamaica announced last week that it would provide up to $4 million in the form of goods...
Offshore Gulf lease auctions go digital
Representatives of offshore drillers could count on two trips a year to New Orleans to hear their multimillion-dollar bids on oil and gas leases in the Gulf of Mexico read aloud in the Superdome....
Gasoline Prices… Rise or fall?
The prices of gasoline dropped on Wednesday in Beirut LL300 while fuel oil, diesel and gas canister dropped LL200 pounds and kerosene LL100. Source: NNA
Lebanese MP: Political disagreement stalling agreement over oil dossier
Member of Parliament, Michel Moussa, said on Monday that the delay of agreement over the oil dossier was caused by political disagreement by different sides of the Lebanese divide. “We need...
Oil cleanup in Mount Carmel
Canadian Coast Guard officials expected to clew up activity around the harbour in Mount Carmel Wednesday, intending to eliminate the threat of pollutants in a wrecked tugboat once and for all. The...
California oil pipeline spill stopped before reaching beach
An oil spill of 700 barrels of crude spilled from a pipeline near California’s coast on Thursday but was quickly contained in a dry creek bed and did not reach the Pacific Ocean in Ventura...
