The Japanese Ministry of Trade continued building a supply cushion of oil with Trade Minister Toshimitsu Motegi signing several deals with Saudi Arabia...

BP spokespeople including Chief Executive Bob Dudley have announced new investment plans for the oil company. According to the press releases...

While troubling news of a tropical storm worsening the BP oil disaster hits the States, thousands of miles away over the Atlantic a country plans to drill in its locations of offshore waters for oil next month. The country of Libya has struck up a contract with the same exact oil company that was responsible for the current and historically the biggest oil spill in...