Venezuela has finally opened the doors of its oil fields to foreigners. For the first time since the nationalisation of its petroleum industry in 1976, the country has taken a decision to

The US Environmental Protection Agency gets a rap on its knuckles

International oil companies are overjoyed with the Zedillo regime in Mexico, which recently decided to open transport, distribution and storAge of natural gas to the private sector.

It is a victory of sorts for activists in the oil-ricb Ogoni region of southeast Nigeria who have been fighting a long-sustained battle against oil giant Shell Petroleum. They claim that

An US Environment Protection Agency decision has added fuel to the fire in the row between the American oil industry and ethanol producers

Facing bankruptcy

Many oil companies in Myanmar are pulling out of expensive but fruitless exploriation projects, dashing the military regime's hopes of future oil revenues.

A Nigerian judicial commission of inquiry has uncovered a gruesome incident in which the police massacred 80 unarmed villagers demonstrating for compensation in lieu of their land taken over by Shell

Pact will ensure smooth supply of gas to power units in Andhra Pradesh

Seeking to end the power woes of Andhra Pradesh and ensuring smooth supply to power plants in the State, GAIL (India) on Thursday entered into a deal with Reliance Industries Ltd.