…contractors will vote on a walkout on Monday morning in solidarity with oil industry contractors in Lincolnshire which is at the heart of the dispute after around 300 new jobs…

by cactus Excerpts From Two Stories About Pemex Story 1, Bloomberg, this week. Petroleos Mexicanos, the state-owned oil company, said crude oil output fell 6.5 percent in November from the…

…oil imports slowing, continues to increase. Will falling oil prices pull us out? How far down must they go? Sadly, the price of oil shows no sign of falling. While…

Pricing mechanisms make for some odd thinking, or thinking of odd things, whichever is more useful at the time. $100 oil. Will this be the iceberg that rips open the…

…oil spills from tankers that the Coast Guard believes could eventually carry shipments from Scandinavia to Asia through the Bering Strait. Such a long-hoped-for polar route would cut 5,000 miles…

…leave the bad oily stuff there in Canada we do not have to buy it, which makes the oil a lot cheaper. The remainder of the water can be used…

…surrounding region is home to around two-thirds of the world’s oil reserves. It is also on the shortest route to the oil rich Central Asian states through land-locked Afghanistan. The…

…wake of a strike in the oil sector. The Venezuelan economy rebounded sharply in 2005, and the poverty rate predictably fell back below its previous levels. However, even though the…

…Over the first 11 months of 2005 the US imported $1,592bn of non-oil goods and services, compared to $1,446bn of non-oil goods and services over the same period in 2004,…

…oil companies. While the latter result might at first glance seem unimportant, it becomes very important when you take into account the history of government reaction to commodity profits worldwide….