Argentina, Britain face off over Falkland Islands
LONDON - Argentina and Britain have again reached a standoff over the Falkland Islands with Buenos Aires protesting fiercely over British companies drilling for oil in the South Atlantic islands.
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Exclusive: Iran sanctions seen spurring more Saudi oil sales to U.S.
Saudi Arabia is preparing to extend this year's unexpected jump in oil sales to the United States, adding to speculation about the response of the world's top oil exporter to sanctions against Iran and a rally in prices. Ref. Source 9
Pak rejects Afghan demand for in-kind payments in TAPI gas pipeline project
Pakistan has rejected Afghanistan's demand for transit fees payment in the form of gas under the 7.6 billion dollars Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project.
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Oil inches up on positive data
US crude oil price inched up Friday as US consumer sentiment witnessed a boost and the dollar dropped to a one-month low against the euro.
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Why fried food is not always bad for you
The amount of oil consumed makes absolutely no difference on the incidence of heart disease, a new study has claimed.
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South Sudan's Capture of Heglig Oil Field 'Illegal'
The African Union said Thursday that South Sudan acted illegally when it sent troops across the border into Sudan to capture a strategic oil field and demanded the force's immediate withdrawal. Diplom
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Exercise 'reduces death risk from cardiovascular disease in BP patients'
Exercise reduces the risk of death from cardiovascular disease in people suffering from high blood pressure, a new study has revealed.
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Exxon Mobil's earnings fall
US oil giant Exxon Mobil said Thursday its earnings fell 11 percent in the first quarter of the year, due to lower oil-and-gas production and higher exploration costs.
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