NEWS & ANALYSIS

Energy Companies Vie for Iraq Oil

Three international oil consortiums have agreed to Iraq's terms for investment, which they rejected in a bid round this summer, to develop two oil fields in the south of the country, according to media reports of a press conference with Oil Minister Hussein al-Shahristani on Tuesday.

Royal Dutch Shell Offshore Oil Facility Attacked

Nigerian militants say the incident shows no oil installation is safe from their attacks.

Explosions Rip Through Mexican Oil Pipelines

Five pipelines hit, no injuries reported.