OIL

10,863 articles

Canada's Teck withdraws controversial oil sands project
Feb 24, 2020 (AFP)
The Frontier project would have cost about Can$20 billion ($15 billion) and had been expected to produce 260,000 barrels of oil per day. But its impact on the e...
Scientists find effective way to obtain fuel for hydrogen engines
Feb 24, 2020 (SPX)
The group of Russian scientists have invented a new approach to solving this problem and published the thesis on this topic in the Nanomaterials Journal. Direct...
War-ravaged South Sudan at a glance
Feb 22, 2020 (AFP)
As rebel leader Riek Machar is sworn in as vice president ahead of the formation of a new national unity government on Saturday, here is some background. - Worl...
Dutch to shut quake-hit Groningen gas output by 2022
Feb 21, 2020 (AFP)
Gas mining from the Groningen field is to be reduced to three billion cubic metres (135 cubic feet) by 2021, while victims would be compensated and buildings re...
UAE falcon hospital a window into Emirati tradition
Feb 21, 2020 (AFP)
Like other well-travelled residents of the United Arab Emirates, the falcons will make the journey with their devoted owner on a well-worn route from a country ...
Sudan police fire tear gas, disperse protests over soldiers' retirement
Feb 20, 2020 (AFP)
The protesters, mostly youths, gathered near the presidential palace carrying Sudanese flags and signs reading "The army is Sudan's army" and "Don't dismiss the...
South Sudanese demand leaders 'show us there is peace'
Feb 20, 2020 (AFP)
"We just hear on the radio, 'There is peace, there is peace.' But we're not sure," she tells AFP in Wau, where thousands fled during the carnage of the civil wa...
Libya's UN-recognised government withdraws from Geneva talks
Feb 19, 2020 (AFP)
The pull-out came after a barrage of rocket fire hit a port in the capital Tripoli -- the target of a months-long operation by eastern military commander Khalif...
Fossil fuel methane emissions 'vastly underestimated'
Feb 19, 2020 (AFP)
"Scientists have been vastly underestimating the amount of methane humans are emitting into the atmosphere via fossil fuels," scientists from the University of ...
Maduro says 'not afraid of military combat' in Venezuela
Feb 18, 2020 (AFP)
"We don't want war; we don't want violence; we don't want terrorism, but we are not afraid of military combat and we are going to guarantee peace," said Maduro ...
Irked US squeezes Iraq with cash delays, short waivers
Feb 15, 2020 (AFP)
This week, the US granted Iraq last-minute leave to import Iranian gas for its crippled power grids, despite American sanctions on Tehran. But Washington's pati...
Protecting pipelines during land movements
Feb 14, 2020 (SPX)
Australia's pipeline length of 50,000 km has a critical role in transporting water, gas and oil products, and transferring sewage to treatment plants. UTS Assoc...
COVID-19 causing first drop in oil use in decade: IEA
Feb 13, 2020 (AFP)
"Global oil demand has been hit hard by the novel coronavirus (COVID-19) and the widespread shutdown of China's economy," the International Energy Agency said i...
Bataan ARG and 26th MEU complete passage through Strait of Hormuz
Feb 13, 2020 (UPI)
"Bataan's transit of the Strait of Hormuz supports stability and security essential to maritime commerce," said Capt. Greg Leland, commanding officer of Bataan....
Oil: what the global giants are promising over climate change
Feb 12, 2020 (AFP)
Here are the commitments made so far by the world's major oil companies: - BP - The British company says it is aiming to be a net zero company in its global gre...
OPEC chops global oil demand growth forecast over China virus
Feb 12, 2020 (AFP)
In its monthly report on the world's oil market, OPEC said it now expects growth in global oil demand of 0.99 million barrels per day (mbd) this year, down from...
China virus threatens to hobble Gulf economies
Feb 12, 2020 (AFP)
The six Gulf states -- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates -- count China as their main trading partner and crude buyer, which s...
US to renew Iraq sanctions waiver for 45 days: official
Feb 12, 2020 (AFP)
The US slapped tough sanctions on the Iranian energy sector in late 2018 and initially granted Iraq a 45-day waiver before repeatedly extending it for 90 or 120...
BP targets net zero carbon emissions by 2050
Feb 12, 2020 (AFP)
"BP is setting out to be a net zero company by 2050 or sooner -- as well as helping the world to get there," Looney said in a key speech, adding the company wou...
Deepwater Horizon oil spill was bigger than previously thought, study finds
Feb 12, 2020 (UPI)
To determine the true size of the 2010 Deepwater Horizon oil spill, researchers supplied oil-transport models with water sampling results and remote sensing dat...
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