Oil

ConocoPhillips May Have to Pay Up in China Spill

China’s State Oceanic Administration (SOA) said this week that a large oil spill off the coast of Shandong province, near Beijing, is worse than previously stated, and that the government may seek compensation from ConocoPhillips, the U.S. oil company with a 49% stake in the oilfield.

On Tuesday the agency said that two separate …

Is Siberia Becoming China’s One-Stop Energy Shop?

“In summer, intolerable closeness; in winter, unendurable cold.”

So Fyodor Dostoevsky wrote of his years of hard labor in 19th century Siberia, after a jittery Tsar Nicholas I banished the famed writer to the lonely Far East. For centuries, the massive swath of land east of Moscow and north of China has been a place of political …

Another Oil Spill, as ExxonMobil Fouls Montana

Amid the fireworks, parades, and hot dogs of this past Fourth of July weekend was that sinking feeling of déjà vu when news broke that yet another oil spill was oozing across once-clean waters. This time, it wasn’t the Gulf of Mexico, it was Montana; and it wasn’t BP, it was ExxonMobil. On Friday, 1,000 barrels of crude oil (42,000 …

  1. 1
  2. ...
  3. 5
  4. 6
  5. 7
  6. ...
  7. 20