OIL

10,863 articles

Venezuela says Iranian tankers will get military escort
May 21, 2020 (AFP)
"We're ready for whatever, whenever," President Nicolas Maduro told state-run media, thanking "all the support" from its Middle East ally in its confrontation w...
Foreigners evacuated from Iraq gas field after protests
May 21, 2020 (AFP)
Five planes carrying around 40 foreign nationals working alongside the Basra Gas Company were flown out of the country on Wednesday, an industry source and an a...
Saudi attacker on US base had longstanding al-Qaeda ties: US
May 19, 2020 (AFP)
The December 6 attack by Mohammed Alshamrani, a Royal Saudi Air Force flight student at the Naval Air Station Pensacola in Florida, "was actually the culminatio...
Gazprom considers second gas pipeline to China
May 18, 2020 (AFP)
"The objective is to connect the gas transportation infrastructure in the west and the east of Russia," Gazprom chief executive Alexei Miller was quoted as sayi...
Norwegian wealth fund blacklists global resources, energy giants
May 13, 2020 (AFP)
The Bank of Norway said the fund, worth about one trillion dollars, has divested from several major power companies, including Germany's RWE, Australia's AGL En...
Eleven captured for failed maritime 'invasion' of Venezuela
May 12, 2020 (AFP)
"Captured today #10May 2020, another three terrorist mercenaries in Colonia Tovar," about an hour from Caracas, tweeted armed forces chief Admiral Remigio Cebal...
EU renews call for end to Libya violence
May 12, 2020 (AFP)
As defence ministers from the 27 EU countries held video talks on the coronavirus pandemic's impact on European security, the bloc's foreign policy chief Josep ...
US oil producers struggle to stay afloat in sea of excess
May 12, 2020 (AFP)
Craig Blair, the co-owner of the Capitan Energy oil and natural gas company, has seen his production in the Permian Basin collapse from 15,000 barrels of oil a ...
Highly efficient hydrogen gas production using sunlight, water and hematite
May 11, 2020 (SPX)
Hydrogen has received attention as a possible next generation energy solution, and it can be produced from sunlight and water using photocatalysts. In order to ...
With prices down and jobs leaving, US oil workers learn patience
May 11, 2020 (AFP)
Many oil workers in the arid southwestern state have already left the campgrounds where they had parked their RVs, after being drawn here by exceptionally high ...
Is There Life After the Oil Apocalypse?
May 08, 2020 (Sputnik)
Oil storage facilities have been predicted to reach their maximum capacity by mid-May, wreaking additional havoc on the critical commodity market, Goldman Sachs...
Nigeria Faces 'Double Whammy' Challenge of COVID-19 and Plummeting Oil Revenue
May 08, 2020 (Sputnik)
Despite Brent-crude futures rallying over recent weeks, one of Africa's most populous nations, Nigeria, is facing a fast-looming future without reliance on fisc...
Venezuela's Maduro says captured US 'mercenaries' to be tried
May 07, 2020 (AFP)
Venezuela announced Monday that it had arrested the two former US special forces soldiers on suspicion of trying to topple Maduro in an operation supported by t...
Oil prices fall as US-China tensions offset virus hope
May 06, 2020 (AFP)
Brent, the international benchmark, fell 1.1 percent to $30.63 a barrel in early Asian trade. On Tuesday, the contract surged 14 percent and rose above $30 for ...
Trump denies US role in mysterious Venezuela sea invasion
May 05, 2020 (AFP)
President Nicolas Maduro, whom the United States has been unsuccessfully trying to topple for more than a year, appeared on state television Monday with the US ...
Water-splitting module a source of hydrogen fuel
May 05, 2020 (SPX)
The platform developed by the Brown School of Engineering lab of Rice materials scientist Jun Lou integrates catalytic electrodes and perovskite solar cells tha...
Greek MPs pass controversial environmental policy reform
May 05, 2020 (AFP)
The law, which green groups say will encourage oil exploration in protected areas, passed by 158 to 56 in the 300-member body dominated by the conservative New ...
Ecuador's Amazon tribes face water shortage over oil spill
May 05, 2020 (AFP)
The pollution in Orellana province near the Peruvian border followed an April 7 landslide that ruptured three pipelines, spewing 15,000 barrels of oil into near...
Venezuela accuses opposition leader of links to failed 'invasion'
May 04, 2020 (AFP)
The government had said Sunday that it foiled an attack from the sea aimed at toppling the socialist president, killing eight assailants and capturing two other...
Venezuela says it foiled an incursion by 'mercenaries'
May 04, 2020 (AFP)
Interior Minister Nestor Reverol said the group, which he said originated in Colombia, tried to land aboard fast boats before dawn in the northern coastal state...
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