OIL SPILL

Fire broke out on Wednesday on the Okordia/Rumuekpe oil pipeline in Nigeria and some production has been shut down, but the blaze has since been put out, a spokesman for operator Royal Dutch Shell said.

The governor of Nebraska says he has no problem with TransCanada building an oil pipeline through his state -- he just wants it on the other side of the state, not over the Ogallala aquifer.

The company charged with conducting an environmental review of the Keystone XL pipeline had a previous financial relationship with the project developer, TransCanada.

A coalition of Nebraska residents wants TransCanada to change the route of its planned pipeline, which will carry oil from Alberta to refineries in Texas, so that it does not cross the Ogallala aquifer.

President Barack Obama implied he will have the final say when it comes to finalizing construction of the highly-contested Keystone XL Pipeline.

Anadarko Petroleum Corp reported a wider quarterly loss on Monday, as the U.S. oil and gas company spent $4 billion to reach a settlement with BP Plc over that company's Gulf of Mexico oil spill disaster last year.

BP passed its final hurdle to returning to the deep waters of the Gulf of Mexico on Wednesday, receiving its first permit to drill a new well since its role in the largest offshore oil spill in U.S. history.

BP has turned a corner after the Gulf of Mexico disaster, its chief executive said on Tuesday, predicting the British oil firm would now return to output and cashflow growth and rejecting calls for a fundamental restructuring of the group.

The Tea Party Nation blogger who said U.S. small businesses should stop hiring new employees in order to ensure President Barack Obama will not be re-elected expands on her statement. Melissa Brookstone said a global socialist movement is well underway and Obama is connected to it.

Investors in the world's biggest oil companies are expected to look beyond the bumper profits the groups will announce next week on the back of higher oil prices, and seek clues on how the companies can maintain income growth as crude stabilizes.

Call for people to make penguin sweaters for those harmed by oil spills.

The New Zealand oil spill is getting worse and officials fear that the Rena cargo ship, stuck on the Astrolabe Reef, may sink into the Bay of Plenty.

BP Plc has accepted a $4 billion payment from Anadarko Petroleum toward the Gulf of Mexico oil spill clean-up, far less than it might have won in court, but a deal that locks its main partner into its share of the blame and any future fines.

The head of Wal-Mart Stores Inc.'s China business has resigned citing personal reasons, after the world's largest retailer ran into trouble with Chinese authorities leading to store closures and employee detentions.

The New Zealand oil spill threatens to taint the nation's 100 percent Pure reputation for tourists.

New Zealand is coping with the effects of a devastating oil spill in the Bay of Plenty that is destroying beaches and wildlife along beaches near the port of Tauranga.

The oil spill from the stricken container ship has been fouling beaches and many dead seabirds lie on the shore amid thick fuel-oil.

The oil spill in New Zealand has now become the nation's worst maritime environmental disaster -- and things are getting worse instead of better.

Rob Service of MNZ said that “a significant oil slick remained” although the amount of oil that has leaked into the waters in unknown.

An announcement published on Treasure Island stated that companies responsible for 2007 San Francisco oil spill incident have agreed to pay $44.4 million as a settlement.

British oil major BP remains committed to reaching its oil production targets at Iraq's huge Rumaila field and is not renegotiating contract terms, the company's chief executive Bob Dudley said on Sunday.