Mauritius scrambles to counter oil spill from grounded ship The government has declared an environmental emergency and France said it was sending help from its nearby Reunion island. JOHANNESBURG: Anxious […]
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Oil prices back on the rise on U.S. stimulus hopes, Iraq output cut
Oil prices back on the rise on U.S. stimulus hopes, Iraq output cut While both benchmark contracts fell on Friday, hurt by demand concerns, Brent ended the week up 2.5 […]
Damaged ship leaking oil off Mauritius could split: PM
Damaged ship leaking oil off Mauritius could split: PM But another 2,500 tonnes remain aboard the stricken vessel, which ran aground on a reef on July 25 but only started […]
BP’s green energy targets will be tough to meet
BP’s green energy targets will be tough to meet Analysts say large offshore wind farms probably offer the quickest route for BP to scale up but as they can take […]
Saudi Aramco profits slump 73% on low oil price
Saudi Aramco profits slump 73% on low oil price Energy giant Saudi Aramco said Sunday its net profit for the second quarter plunged a massive 73 percent due to sharply […]