0307 GMT May 24, 2018
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A greener planet could slash oil company income by $19 trillion to 2040
The global transition to electric vehicles and renewable sources of power will see oil company revenue plummet.
Mexico pipeline thefts at record high
Fuel thieves in Mexico drilled 10,363 illegal taps into state-owned pipelines in 2017, or an average of about 28 illegal taps every day.
‘South Pars incomes to hit $127bn in a couple of years’
The head of National Iranian Oil Company (NIOC) says annual energy revenues from the South Pars supergiant in the Persian Gulf will reach USD127 billion within a couple of years.
India oil company blast kills 2, injures 13
An explosion at an oil company in the southern Indian city of Hyderabad has claimed the lives of two people and wounded 13 others.
Brazil will fix misuse of public funds: Rousseff
Brazil’s president says public money was most likely stolen in relation to a scandal at the state-run oil company, Petrobras, Press TV reports.
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