NEW YORK, July 13 (Xinhua) -- Crude prices rose on Friday as supplies tended to be tight on new Iran sanctions and production problems in North Sea. There was news on Thursday saying that the Obama administration expanded sanctions on Iran, in an eff...
Oil Prices Ease, But Airlines Still Worried Jet fuel prices were about one-seventh of the expenses for a typical airline a decade ago - consuming less of the budget than pay for pilots and other workers. But International Air Transport Association sp...
Louisiana Oystermen Still Struggling Two Years After Oil Spill Nearly two years have passed since the accident that changed the Collins brothers' lives. We weren't rich like we can travel the world. But we weren't worried about [paying] our mortgage,...
TEHRAN, Feb. 26 (Xinhua) -- Iran has refused to deliver oil to Greece in Persian Gulf, the local Fars news agency reported on Sunday. The Islamic republic refused to deliver a shipment of 500,000 barrels of crude oil to one of the refineries in Greec...
HOUSTON, Sept. 7 (Xinhua) -- British oil giant BP announced Wednesday it had a major oil discovery in the Gulf of Mexico. An appraisal well the company drilled in a previously untested northern segment of the Mad Dog field in the Gulf of Mexico found...
Saudi Arabia is signaling that it is going to boost its supply of oil on its own after failing to convince other oil producers to jointly agree to more production. Several news agencies reported Saturday that the Saudis could increase their oil produ...
A merchant sent his son to learn the Secret of Happiness from the wisest of men. The young man wandered through the desert for forty days until he reached a beautiful castle at the top of a mountain. There lived the sage that the young man was lookin...
More than 2,000 representatives of world oil and gas companies, academics and industry experts are in Houston this week for the 30th annual conference(会议) sponsored by Cambridge Energy Research Associates, or IHS-CERA. With prices rising, partly...
Oil is good and bad. Its good because it helps our energy needs. Its bad because it causes pollution. Oil is a fossil fuel. Burning it produces carbon dioxide (CO2). This is one of the biggest causes of global warming. There isnt much oil left in the...
I got a phone call from my husband the other day, Hey babe, can you take the car to get the oil changed please? It's overdue. As he works forty-five minutes from town, he rarely has time to run those errands back in Wenatchee, so he gets his secretar...