lankan fuel crisis: Sri Lanka recently reached a settlement with the Lanka Indian Oil Corporation (LIOC), a wholly-owned subsidiary of Indian Oil Corporation, to resolve a fuel crisis in the
Australia's highest environment penalty of more than us $1 million was recently imposed on a German shipping company for an oil spill in Phillip Island. The court found the ship was knowingly
A leak in the pipeline at Indonesia's Arun field in Aceh province led Exxon Mobil, leading us oil company, to cut the flow of gas to the plant. Exxon has reduced the supply to pt Arun ngl,
The prolonged shutdown of oil refineries in South Africa has sparked a critical shortage of fuel, stemming from a change to cleaner fuels like unleaded petrol and low-sulphur diesel. Many petrol
Environmentalists have criticised the proposed route for an oil pipeline from Siberia to Russia's Pacific coast, saying it could send 4,000 tonaes of crude spilling into Lake Baikal, the world's
Following widespread violent protests, on August 25, 2005, energy companies signed a deal with Ecuador's poor communities, promising to invest more money for the latter's benefit. In return, the
With a promise to make Turkmenistan's oil and gas sector more organised, both to benefit the country itself as well as foreign collaborators, Turkmen president Niyazov introduced sweeping structural
August 2005 was another rough time for oil major Shell Oil's Nigeria operation. Frustrated over lack of adequate compensation by the company for a devastating oil spill in December 2003, host