OIL

10,863 articles

G20 funds fossil fuels $30 bn a year under the radar: analysis
Jan 30, 2020 (AFP)
The export credit agencies (ECAs) of G20 countries currently provide more than 10 times more state-backed finance to oil, gas and coal projects abroad than they...
Nigeria court orders halt to Lagos waterfront evictions
Jan 30, 2020 (AFP)
Navy personnel last week shot in the air and bulldozed houses as they cleared a community of some 10,000 people living on an island in the bustling megacity. Th...
Bats inspire new technique to find corroding metal in oil, gas pipelines
Jan 30, 2020 (UPI)
To hunt prey and dodge objects while flying through the air, usually in the dark, bats use a combination of different ultrasound wavelengths. The new corrosion ...
Instant hydrogen production for powering fuel cells
Jan 29, 2020 (SPX)
Due to its affordability and environmental friendliness, hydrogen is a feasible alternative to fossil fuels for energy applications. However, due to its low den...
Yemen rebels claim attacks on Saudi oil facilities
Jan 29, 2020 (AFP)
Huthi forces attacked "Aramco (facilities) in Jizan, Abha and Jizan airports, Khamis Mushait base and vital targets deep inside Saudi Arabia with a large number...
French towns, NGOs sue oil giant Total over climate 'inaction'
Jan 28, 2020 (AFP)
"We're asking for them to be held accountable, but also for positive and concrete actions for our citizens and territories," Patrick Jarry, mayor of the Paris s...
New technology promises on-the-spot hydrogen fuel production
Jan 28, 2020 (UPI)
But hydrogen's low density makes it very hard to transport. Current methods for on-board hydrogen generation methods are slow and inefficient. Luckily, scientis...
A sustainable alternative to crude oil
Jan 28, 2020 (SPX)
Polyamides are important plastics. They can be found in ski bindings and in cars or items of clothing. Commercially, they have been made predominantly from crud...
Lagos waterfront evictions highlight Nigeria oil and land squabbles
Jan 26, 2020 (AFP)
But the bustling waterfront slums of Lagos are now quiet after the navy evicted tens of thousands of residents from their homes in recent weeks. The evictions a...
UN slams Libya arms embargo violations despite Berlin pledges
Jan 26, 2020 (AFP)
In a statement published overnight into Sunday, UNSMIL it said it "deeply regrets the continued blatant violations of the arms embargo in Libya". World leaders ...
Environmentalists lose new Norway lawsuit over Arctic oil
Jan 23, 2020 (AFP)
Greenpeace and Natur og Ungdom (Nature and Youth) had called for the cancellation of exploration licenses granted in May 2016 to 13 oil companies in the fragile...
BP pulls out of Iraq's Kirkuk oilfield
Jan 21, 2020 (AFP)
"In 2013, BP signed a letter of intent with the North Oil Company of the Iraq Ministry of Oil to support field activity studies in Kirkuk," the London-listed co...
Seoul to send vessel to Strait of Hormuz after US pressure
Jan 21, 2020 (AFP)
Iran has been blamed for a series of attacks on shipping vessels in the strait, a strategic choke point for the world's oil trade where the US has deployed a na...
Iraq bank to 'stop' Iran gas payment transfers if US waiver ends
Jan 21, 2020 (AFP)
"We'll stop. As simple as that," the head of Trade Bank of Iraq (TBI) Faisal al-Haimus told AFP. A failure to renew the US waiver could be devastating for Iraq'...
EU ministers debate more 'forceful' Libya role
Jan 20, 2020 (AFP)
The EU meeting in Brussels came a day after Germany hosted a summit to push for a ceasefire in the civil war, boosting calls for the relaunch of Europe's naval ...
Oil and gas firms invest less than 1% in green energy
Jan 20, 2020 (AFP)
Experts are increasingly worried that that target set in the 2015 Paris accord to limit global temperature rises to "well below" 2C is rapidly becoming unattain...
Davos financiers pump $1.4tn into fossil fuels: Greenpeace
Jan 20, 2020 (AFP)
With the climate emergency expected to be front and centre at the annual summit of the world's business elite, the charity accused some institutions in attendan...
Venezuela opposition says govt. loyalists fired at them
Jan 15, 2020 (AFP)
Groups of armed civilians known as "colectivos" have an infamous reputation in Venezuela where they have been deployed alongside security forces to suppress pro...
Iraq warns of 'collapse' if Trump blocks oil cash
Jan 13, 2020 (AFP)
US President Donald Trump was outraged by the Iraqi parliament voting on January 5 to oust foreign forces, including some 5,200 American troops, who have helped...
Saudis pledge to maintain oil market stability
Jan 13, 2020 (AFP)
The US drone strike that killed Iranian general Qassem Soleimani on January 3 has exacerbated fears of broader conflict in a region that has seen attacks on shi...
The content herein, unless otherwise known to be public domain, is Copyright 1995-2026 Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principles for news reporting and research purposes.