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Threats and violence by drug gangs are preventing some government oil workers from reaching installations in northern Mexico and costing state-owned Petroleos Mexicanos about $350,000 every day in lost production, a company official said...
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Fuel scarcity in Uganda and the region continues to bite as consumers pounce on every litre ferried into the country.
Most stations have completely run out of...
made popular Sep 17 2010
The White House’s response to the oil spill in the Gulf has been ramped up in recent weeks, and is only going to get stronger.
As the President prepares for...
made popular Jun 14 2010
Mexico’s violent drug cartels are getting into the oil business, tapping into underground pipelines and siphoning off tons of crude, gasoline and other fuels,...
made popular Jun 1 2010
The US authorities dealing with the massive oil leak in the Gulf of Mexico are considering deliberately setting fire to the petroleum on the sea’s surface.
The...
made popular Apr 28 2010
We purchased petroleum from middle east countries with higher prices. India is not the country blessed with petroleum by the nature. We pay huge foreign currency for...
made popular Oct 30 2009
India is presently faced with the challenge of containing terrorist and destructive elements. How should a nation behave in these troubled times? We, the Indians,...
made popular Jan 8 2009
I still do not fully understand the logic behind launching Tata Nano, the much touted Rs. 1 lakh car. The entire set of strategies is steered towards Tata’s own...
made popular Aug 22 2008
SRI LANKA-The epoch-making Petroleum Resources Agreement was inked between Sri Lanka and India for the exploration and production of oil in Northern Sri Lankan waters...
made popular Jul 10 2008
A “green” tax aimed at discouraging high consumption of petroleum products may be in the offing.The tax, perhaps in the form of a cess on consumption, would...
made popular Jun 7 2008
# High oil prices, threats of terrorist attacks, instability in many oil-exporting countries and the rise in so-called ‘oil nationalism’ have raised serious...
made popular Dec 11 2007
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Los Angeles:
In this July 23, 2007 file photo, the logo on the Occidental Petroleum Corp. building fronts Wilshire Boulevard in the Westwood district of Los Angeles. Occidental Petroleum Corp. said Tuesday, Oct. 28, 2008, its third-quarter profit rose 71 percent,...
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