oil

DFA: Libyan high court acquits seven Filipino seafarers of economic sabotage

(Eagle News) -- Seven Filipino seafarers who were accused of attempting to smuggle six million liters of fuel in Libya…

Saudi crown prince meets Chinese president, bags oil deal

Saudi Crown Prince Mohammed bin Salman met China's President Xi Jinping on Friday and bagged a $10-billion oil deal, pressing…

Presyo ng produktong petrolyo tataas simula bukas, Peb. 19

(Eagle News) -- Muling magtataas ang presyo ng produktong petrolyo simula bukas pebrero 19. Sa abiso ng Shell, PTT, at…

Global energy demand to soar one third by 2040: BP

LONDON, United Kingdom (AFP) -- Global energy demand will surge by a third over the next two decades on advancing…

OPEC oil production falls as S.Arabia slashes output

PARIS, France (AFP) -- Global oil cartel OPEC said Tuesday it sharply reduced crude oil production last month, after heavyweight…

US imposes sanctions on Venezuela state oil firm PDVSA

WASHINGTON, United States (AFP) -- The United States imposed sanctions on Venezuela's state oil company PDVSA on Monday in the…

Mexico launches social programs to fight fuel theft

ACAMBAY, Mexico (AFP) -- Mexico's president announced a series of social programs Tuesday aimed at developing poor areas where fuel…

Mexico probes negligence in pipeline blast that killed 91

MEXICO CITY, Mexico (AFP) -- Mexico has opened an investigation into what caused a deadly pipeline explosion, including possible negligence…

Death toll from Mexico fuel explosion rises to 79: official

TLAHUELILPAN, Mexico (AFP) -- The death toll from a fiery explosion in central Mexico rose to 79 on Sunday as…

Fuel pipeline blaze in Mexico kills 20, injures dozens: officials

MEXICO CITY, Mexico (AFP) -- A leaking fuel pipeline triggered a massive blaze in central Mexico Saturday, killing at least…

Oil firms implement bigtime price hike on petroleum products

(Eagle News) -- Big oil companies started to implement a big-time price increase on its petroleum products on Tuesday, January…

Saudi to slash oil exports after price slide: minister

RIYADH, Saudi Arabia (AFP) -- OPEC kingpin Saudi Arabia will slash its oil exports in January by 10 percent compared…

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