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Exclusive: In mammoth task, BP sends almost three million barrels of U.S. oil to Asia

SINGAPORE Oil major BP is shipping almost three million barrels of U.S. crude to customers across Asia, pioneering a lengthy and complex operation likely to become more popular after OPEC last week announced deep production cuts.

Recent Top News

Islamic State attacks Iraqi soldiers in Mosul

BAGHDAD Islamic State militants attacked Iraqi soldiers near a hospital in southeast Mosul on Wednesday, an army officer and the jihadist group's new agency said, trying to repel the army's deepest advances of the seven-week Mosul campaign.

World, Iraq 7:47am EST

Nearly 100 killed, hundreds hurt as quake strikes Indonesia's Aceh

PIDIE JAYA, Indonesia Nearly 100 people were killed and hundreds injured in Indonesia on Wednesday when a strong earthquake hit its Aceh province and rescuers used earth movers and bare hands to search for survivors in scores of toppled buildings. | Video

Environment, World 7:15am EST

China calls Iowa's Branstad 'old friend' after report he picked as ambassador

BEIJING/SHANGHAI China said on Wednesday the governor of the U.S. state of Iowa, Terry Branstad, was an "old friend" after a report that he had accepted an offer from U.S. President-elect Donald Trump to become the next U.S. ambassador to China.

Kremlin says exit deal for Aleppo rebels still on agenda

MOSCOW The Kremlin said on Wednesday that a potential U.S.-Russia deal to allow Syrian rebels to safely leave Aleppo was still on the agenda, but that no talks were planned between the two countries for now.

6:35am EST

Nobel laureate says Trump policies may lead to budget problems

STOCKHOLM U.S. President-elect Donald Trump's plans to increase spending on infrastructure while cutting taxes would endanger public finances, Economics Nobel laureate Oliver Hart said on Wednesday.

Election 2016, Politics 7:01am EST

Authorities identify all but one of 36 Oakland fire victims

OAKLAND, Calif. Authorities in Oakland, California, said on Tuesday they had identified all but one of the 36 victims whose bodies were pulled from the debris of a fire that ripped through a dance party at a warehouse at the weekend. | Video

Armed groups take control of Libyan town near oil ports: officials

BENGHAZI, Libya Armed groups took control on Wednesday of the Libyan town of Ben Jawad, close to some of Libya's major oil ports, as forces loyal to the eastern government, that seized the coastal terminals in September, defended them from the air, officials said.