Posted in Industry News

The extent of interest in widespread drilling in the Arctic for natural resources such as oil and gas is still uncertain as the commercial viability of exploration in such a remote environment is unknown and huge risks remain, a panel of experts said. High commodity prices and concerns abo...

Nigerian regulators have told parliament that Royal Dutch Shell should be fined $5 billion for environmental damaged caused by an oil spill at its offshore Bonga field, one of the biggest in the history of Africa's largest energy industry. Shell said on Tuesday there was no legal basis...

Enbridge Inc, stung by a harsh rebuke from regulators over a 2010 spill that dumped more than 20,000 barrels of crude into a Michigan river system, has stepped up inspections and is confident its pipeline network is safe, the company's incoming chief executive said on Wednesday. Compan...

Enbridge's massive oil pipeline spill in Michigan in 2010 was caused by a complete breakdown of company safety measures, while its employees performed like 'Keystone Kops' trying to contain it, the National Transportation Safety Board said on Tuesday. The rupture of Enbridge...

Italian oil major Eni said on Sunday there has been an oil spill on its Nembe-Obama pipeline in Nigeria's onshore Niger Delta due to sabotage. 'Repair work has started. The wells of Nembe South have been closed with minimal impact on production,' a spokesman for the company sai...