OIL

10,863 articles

Sudan inks provisional peace deal with SPLM-N rebels
Aug 18, 2020 (AFP)
The transitional government, which took power after the army overthrew longtime dictator Omar al-Bashir last year, has been holding talks in neighbouring South ...
U.S., UAE hold joint military exercise in Arabian Gulf
Aug 17, 2020 (UPI)
The four-day exercise involved the UAE's Joint Aviation Command and the U.S. Naval Forces Central Command, U.S. Air Forces Central Command and U.S. Special Oper...
US Interior Dept approves oil drilling in Arctic refuge
Aug 17, 2020 (AFP)
Interior Secretary David Bernhardt said in an interview with The Wall Street Journal that drilling leases could be auctioned off by the end of the year. Environ...
German foreign minister warns of 'deceptive calm' in Libya
Aug 17, 2020 (AFP)
Outside powers are "continuing to massively arm the country," said Maas, whose government has tried to broker peace in the war-torn North African nation. "In Li...
Four kidnapped Chinese workers freed in Nigeria: police
Aug 16, 2020 (AFP)
Unknown gunmen seized the Chinese nationals in Akpabuyo in Cross Rivers state last month and killed their police guard. "We were able to secure the release of t...
Impasse leaves 'time bomb' oil tanker off Yemen
Aug 15, 2020 (AFP)
The 45-year-old FSO Safer, abandoned near Hodeida port since 2015, has 1.1 million barrels of crude on board, and a rupture or explosion would have catastrophic...
Ship owner says will handle Mauritius oil spill compensation 'sincerely'
Aug 14, 2020 (AFP)
"We are deeply conscious of our responsibility as a party directly involved in the case," said Kiyoaki Nagashiki, president of Nagashiki Shipping, which owns th...
Decades-old Aegean dispute at heart of Greece-Turkey row
Aug 14, 2020 (AFP)
The latest row is over a gas exploration ship sent by Turkey to conduct research in a maritime zone Greece considers its own. But the tug-of-war between the NAT...
France bolsters Med presence as Turkey tensions worsen
Aug 13, 2020 (AFP)
France also criticised its NATO ally over a drone strike this week in northern Iraq, while Turkish President Recep Tayyip Erdogan accused French counterpart Emm...
US says Iran forces board ship in international waters
Aug 13, 2020 (AFP)
They also posted grainy black-and-white footage of the helicopter hovering low over the vessel and special forces personnel fast-roping onto the deck. "Today in...
Civilians, soldiers clash leaving 127 dead in S.Sudan: army
Aug 12, 2020 (AFP)
Major General Lul Ruai Koang told AFP that the fighting erupted on Saturday as security forces carried out an operation to disarm civilians in the area which ha...
Greece says Turkish ship in East Med 'threatening' peace
Aug 10, 2020 (AFP)
The Greek foreign ministry said that Turkey's decision to deploy seismic research ship Oruc Reis constituted a "new serious escalation" and "exposed" Turkey's "...
Turkey navy ops in eastern Med 'extremely worrying': EU
Aug 09, 2020 (AFP)
"Latest naval mobilisations in eastern Mediterranean... will lead to a greater antagonism and distrust," foreign policy chief Josep Borrell said, calling the de...
Sudanese troops killed in clash with rebels
Aug 07, 2020 (AFP)
"Rebels from the Sudan People's Liberation Army-North (SPLA-N) attacked nomadic herders on their migration route from the south to the north and soldiers securi...
France-Cyprus defense cooperation pact takes effect
Aug 07, 2020 (UPI)
The two-year agreement "provides for cooperation in the fields of armaments and defense technology, and staff training in France's military schools," officials ...
Not cashing in: virus hits Iraq's Iran-US money trade
Aug 05, 2020 (AFP)
But the money exchange trade has been hard hit by lockdown restrictions to stop the spread of COVID-19, and by deep economic woes in both countries. Traders in ...
Coronavirus speeds up big oil's shift to green
Aug 05, 2020 (AFP)
The world's top five oil firms -- BP, Chevron, ExxonMobil, Royal Dutch Shell and Total -- reported combined losses of $53 billion for the second quarter in rece...
Italy defence ministry seeks closer ties with Libya
Aug 05, 2020 (AFP)
Italian Defence Minister Lorenzo Guerini met in Tripoli on Wednesday with Fayez al-Sarraj, the head of Libya's Government of National Accord, the ministry said ...
Oil giant BP plunges into $16.8-bn quarterly loss
Aug 04, 2020 (AFP)
The company responded by cutting its dividend for the first time since the Deepwater Horizon oil rig disaster in 2010 that damaged BP's finances and reputation....
New study confirms extensive gas leaks in the North Sea
Aug 03, 2020 (SPX)
The gas originates from shallow gas pockets, which lie less than 1000 meters deep below the seafloor and that were not the target of the original drilling opera...
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