PetroVietnam receives first gas flow from White Lion oil field in stage 2A

PetroVietnam receives first gas flow from White Lion oil field in stage 2A

PetroVietnam has welcomed the first flow of gas from White Lion oil field in phase 2A, putting the project into operation 16 days ahead of schedule.
Obama reverses oil drill expansion after BP spill

Obama reverses oil drill expansion after BP spill

President Barack Obama on Wednesday reversed a March decision to expand offshore oil exploration to the Atlantic Ocean and eastern Gulf of Mexico, but said deepwater drilling could continue in the part of the Gulf hit by the BP disaster.

Environment group warns of Arctic oil drilling risks

Freezing conditions, chunky ice and high seas could imperil operations to clean up an oil spill in the Arctic where the fragile ecosystem is already in tumult due to global warming, a US environmental group said Wednesday.