BP takes $1.5 billion charge over U.S tax changes, joining Shell

BP will take a one-off $1.5 billion charge in its 2017 fourth quarter earnings as a…

South Korea seizes Hong Kong ship for oil transfer to North Korea

South Korea briefly seized and inspected a Hong Kong-registered ship in November for transferring oil products…

U.S. oil prices hit highest since mid-2015 on surprise output drop

U.S. oil prices hit their highest since mid-2015 on the final trading day of the year…

Australian Prime Minister fined for not wearing lifejacket

Australia’s Prime Minister, Malcolm Turnbull, has been fined $250 (£145) after he was photographed driving a…

Ivory Coast woman who swallowed over 1kg of cocaine held at Thai airport

A 27-year-old woman from the Ivory Coast has been arrested on the Thai island of Phuket…

China rejects Trump accusation on oil transfer to North Korea

China on Friday rejected accusations that it has helped Pyongyang skirt sanctions after US President Donald…

Italy aims to send up to 470 troops to Niger to curb people-smuggling

Italy aims to deploy up to 470 troops to Niger to help tackle people-smuggling, the military…

Trump says ‘disappointed’ China allowing oil into North Korea

U.S. President Donald Trump on Thursday said he was “very disappointed that China is allowing oil…

Morocco successfully tests Africa’s fastest high-speed rail line

Morocco has successfully tested Africa’s fastest high-speed railway, state-owned railway operator, Office Nationale des Chemins de…

Supply discipline and demand to prop up oil prices in 2018

OPEC and Russia’s efforts to curb oil output, combined with forecasts for strong global demand growth,…

Airlines can’t blame computer models for higher fares, German cartel chief says

Airlines shouldn’t be allowed to hide behind computer-based models when justifying higher fares, the head of…

China says no sanction-breaking oil sales to North Korea

China said on Thursday there had been no U.N. sanction-breaking oil sales by Chinese ships to…