An unmarked wreck full of radioactive waste was found in the Mediterranen, off the coast of Italy, on Saturday. Prosecutor Bruno Giordano stated that the ship may be proof that the mafia has been sinking nuclear...
created by Annina Bergman | 15 wks ago | updated 15 wks ago 396 views | 12 recommendations | 3 comments
Joining Lybian previous calls, Venezuela has also suggested a OPEC output cuts for stabilising world prices. This reduction -of an estimate one million barrels a day- would be proposed during the next OPEC...
created by rahul | 1 year ago | updated 1 year ago 65 views | 0 recommendations | 0 comments
Somali pirates have demanded a $25 million ransome for the Saudi oil tanker which they hijacked earlier this week.Yesterday Saudi Arabia's foreign minister confirmed that the ship's owners are in talks with the...
created by Dave Keating | 1 year ago | updated 1 year ago 137 views | 17 recommendations | 3 comments
The falling crude prices along with looming recessionary threat ,The OPEC is going to cut the production of crude by1- 1.5 mb per day.This panic move of OPEC clearly opens up the story behind the crude price...
This is very good news for oil hungry humans , but the explopration of oil with the declining trend of oil prices along with weakening US economy is going to be very tough task.The Cuban economy...
"Reid to Renew Oil Shale Ban, Deny Americans Vast Energy Resources During Economic Crisis 09/25/2008 - 12:46:53 PM We've just been alerted that despite House Democrats relenting on extending bans on offshore drilling and oil shale in the continuing resolution (CR)...
It was decided today that the House Democrats will now allow a drilling ban to expire, meaning oil can now be drilled off the Atlantic and Pacific coasts starting next week.This could be very hazardous for the...
created by Amy Judd | 1 year ago | updated 1 year ago 140 views | 7 recommendations | 2 comments
I expect HM the Queen said, "We are not amused" when twelve barrels of lager were delivered to the snooty residence of Her Majesty the Queen at posh Windsor Castle. They should have been...
created by Christina 123 | 1 year ago | updated 1 year ago 345 views | 20 recommendations | 6 comments
This is my hometown. I didnt live too far from where this took place. There is some houses and then the school just to the right (does not show in pic)."About 40 residents in the Erie County Village of Alden have...
created by LilyBillie23 | 1 year ago | updated 1 year ago 175 views | 10 recommendations | 3 comments
Republican John McCain said Monday that drilling for oil off the U.S. coast is an essential part of any plan to lower gas prices and reduce dependence on foreign sources, and he criticized Democrat Barack Obama for opposing it." “We all know that a comprehensive solution is...
After blaming a weak dollar and speculation over high petrol prices, OPEC stated both demand and supply will soar. However, one wonders whether they will meet at all? " Oil demand and supply will soar: OPEC Cartel blames speculators and weak U.S. dollar for recent price...
created by rahul | 1 year ago | updated 1 year ago 82 views | 0 recommendations | 0 comments
Amidst the talk of Crude prices hitting a record level of $150, one of world's biggest oil supplier Saudi Arabia had commissioned a giant field to boost oil supply. " This massive oil field surrounded by the desolate sands of Saudi Arabia's vast eastern desert feels like...
created by Sanjay Jha | 1 year ago 218 views | 0 recommendations | 1 comment
"King Abdullah has agreed that his country will increased output to 9.7 million barrels a day as he opened a summit on the soaring international price of crude."
created by alaaron | 1 year ago 139 views | 0 recommendations | 0 comments
Nigerian militants blew up a key oil supply pipeline operated by Chevron, in the latest attack targeting the country's multi-billion-dollar oil industry, company and military sources said Saturday.The US oil giant was forced to shut down operations as a result of the...
created by Obi-Akpere | 1 year ago | updated 1 year ago 274 views | 2 recommendations | 4 comments
After an historic diplomatic summit between China and Japan in May, the two countries are reportedly close to making a formal agreement to develop gas fields in the East China Sea that have long been disputed. Although the "known reserves" are a "modest 180 million barrels"...