Tag: Oil

OPEC to Increase Output by 500,000 Barrels a Day in January, bet on price increase

OPEC to Increase Output by 500,000 Barrels a Day in January, bet on price increase

OPEC and a group of Russia-led oil producers agreed to increase their collective output by 500,000 barrels a day next month, signaling the world’s bi ...
Puerto Rico Oil Drilling and Exploration Rigs

Puerto Rico Oil Drilling and Exploration Rigs

Immediately following the aftermath of the worst series of earthquakes to strike and devastate the Caribbean island of Puerto Rico in nearly 100 years ...
Arms race between Saudi Arabia and Iran

Arms race between Saudi Arabia and Iran

  Every crisis in the Persian Gulf refers to an old struggle between Saudi Arabia and Iran for regional hegemony.And always with oil as a back ...
Oil company with checkered history hit with $12.5M fine

Oil company with checkered history hit with $12.5M fine

LOS ANGELES (AP) — A California oil company with a long history of safety violations and regulatory lapses was hit with a record $12.5 millio ...