oil pipeline

British oil company BP PLC says testing will begin Wednesday on the closed Baku-Tbilisi-Ceyhan oil pipeline, which runs through conflict-stricken Georgia, ahead of a move to restart full operations as early as next week.

Western concerns are growing over the impact of bloody clashes between Georgia and Russia on a key oil pipeline which stretches through the region, st ...

This week doesn’t bode well for the overall stock market, even though the Dow Jones was up 300 points on Friday, and even though tech stocks have held up well over the past few weeks in a volatile traading environment.

My chief concern is the Russia military action in Georgia. This weekend, the Russians went after a key oil pipeline that delivers oil to the west.

According to wire service reports on the ground in Georgia, damage was significant. That’s the last thing the energy markets needed, and by extension, the stock market.

If the damage to the pipeline is severe, then look for oil...

"There has been limited reporting on the extent and severity of the damage ... it's still a little bit unclear exactly how much damage was done"

Oil prices fell Friday after jumping more than $1 a barrel in the previous session as the bombing of a key Iraqi oil pipeline heightened supply concerns.

Thursday's bombing appeared to cut oil exports from the southern oil city of Basra, despite oil officials' statements to the contrary.

Moqtada al-Sadr Fighters Sabotage Iraqi Oil Pipeline, Crude Spikes on News07:12 03/27 (CEP News) London – Fighters loyal to Shi'ite cleric Moqtada al-Sadr have sabotaged the Zubair I pipeline, one of Iraq’s two main routes for crude supply located in the outskirts of the port city of Basra..

Six days a week, Seymur Alizadeh and his chestnut-brown mare patrol the Azerbaijani countryside. Buried a few feet below is the prized Baku-Tbilisi-Ceyhan (BTC) oil pipeline, which delivers nearly 1 million barrels of Caspian Sea crude to Western markets each day.