JAKARTA — The Indonesian House of Representatives late Monday passed a revised state budget that included a highly contentious increase in the price of subsidized gasoline, despite moves by opposition ... Read more
WASHINGTON — Economic reports released on Friday weighed on investors, showing that consumer confidence has fallen this month and that American factories barely increased their output in May. ... Read more
The federal Department of Justice and Arkansas filed a complaint on Thursday against Exxon Mobil over an oil spill involving the company’s Pegasus pipeline. The complaint, filed in federal district ... Read more
KHARTOUM, Sudan — South Sudan will continue to pump oil for export through Sudan despite a threat by Sudan’s president to shut down the pipeline, a South Sudanese official said Monday. ... Read more
KHARTOUM, Sudan — Sudan’s information minister said Sunday that a shutdown of a pipeline carrying South Sudan’s oil ordered a day earlier by the Sudanese president, Omar al-Bashir, was ... Read more
BAGHDAD — Since the American-led invasion of 2003, Iraq has become one of the world’s top oil producers, and China is now its biggest customer. China already buys nearly half the oil ... Read more
The Obama administration on Friday escalated efforts to isolate Iran economically, blacklisting Iranian companies in the petrochemical industry for the first time and punishing five businesses in four other ... Read more
The Obama administration on Friday escalated efforts to isolate Iran economically, blacklisting Iranian companies in the petrochemical industry for the first time and punishing five businesses in four other ... Read more
More than 2,000 people in the southwestern city of Kunming unfurled banners and shouted, “Protest! Protest!” in a demonstration on Thursday against plans for a petroleum refinery. The ... Read more
WASHINGTON — The Obama administration on Thursday issued a new set of proposed rules governing hydraulic fracturing for oil and gas on public lands, moving further to address industry concerns about the ... Read more