Sinopec to pay compensation over pipeline blastChinese state-owned oil giant Sinopec will pay compensation over a November pipeline explosion at its facility in the city of Qingdao that killed dozens of people and caused losses of more than $100 million.
S.Sudan government says poised to retake key townSouth Sudan's government said it was poised to recapture a key town from rebel forces, as peace talks being held in neighbouring Ethiopia appeared to be making slow progress.
Evacuation in North Dakota town after fiery oil-train explosionA freight train loaded with crude oil derailed in the US state of North Dakota Monday, sending a massive plume of toxic smoke skyward and forcing the evacuation of part of a small town, US media reported.
Oil prices up on escalating South Sudan violenceCrude edged higher in Asian trade Thursday on supply concerns following escalating violence in oil-producer South Sudan, but gains were capped as dealers sat on the sidelines awaiting fresh leads after the festive season.
Arctic protester vows to fight on after Russian case closedA British Greenpeace protester Tuesday said he was "jubilant" after Russia closed the criminal case against him for staging a protest on an oil rig, and vowed to keep fighting for environmental issues.
25 December 2013
Crude prices down in quiet Asian tradeOil prices edged lower in quiet Christmas Eve trade in Asia Tuesday as dealers engaged in profit-taking, with a lack of leads to spur fresh market movement, analysts said.
Putin pardons Khodorkovsky after 10 years in jailPresident Vladimir Putin on Friday signed a decree granting a pardon to Russia's former richest man and bitter Kremlin critic Mikhail Khodorkovsky, allowing his release after more than a decade in prison.
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