Oil | GlobalPost

Can Brazil meet US thirst for oil?

Simone SebastianJune 25, 2012 06:15

RIO DE JANEIRO — Billions of barrels of oil lying beneath Brazil’s crystal waters are poised to help transform the Americas into the new Middle East.

Biggest and smallest oil producing countries [INTERACTIVE]

Kyle KimJune 25, 2012 06:15

Enbridge shuts down oil pipeline after spill

Alexander BesantJune 19, 2012 20:26

Enbridge oil spill closes pump station - the second spill this month in the province.

Spongy carbon 'nanotubes' can soak up oil during a spill

Alexander BesantApril 16, 2012 18:16

Researchers at Rice University and Penn State may have found a reusable material to help soak up oil spills on water.

US, Canada, and Mexico leaders meet to talk energy and trade

Alexander BesantApril 2, 2012 16:52

The leaders of the US, Mexico and Canada met Monday in a summit at the White House to discuss energy and trade as gas prices continue to soar.

White House says oil market stable enough to squeeze Iran

Alexander BesantMarch 31, 2012 00:37

The White House said Friday that it had decided to continue to put strong pressure through sanctions on Iran despite high oil prices.

Shell overcomes final hurdle to drill in the Arctic

Alexander BesantMarch 30, 2012 18:36

Shell overcame its last legal hurdle to Arctic drilling Friday after US federal regulators approved a proposed plan on how the company would deal with possible oil spills near Alaska.

Oil found in Kenya by Anglo-Irish firm Tullow Oil

News DeskMarch 26, 2012 12:55

Oil has been found in Kenya by Tullow Oil, an Anglo-Irish firm that also struck oil in neighboring Uganda.

Oil prices drop after Saudi supply statement

Alexander BesantMarch 20, 2012 17:59

Saudi Arabia aimed at calming oil markets Tuesday by saying that oil supplies are in excess of demand.

Oil is discovered off the coast of Ireland

Alexander BesantMarch 16, 2012 20:57

Ireland has struck oil off the County Cork coast in what may prove to be a multi-billion dollar discovery.