OIL

10,863 articles

US will 'defend' international order being 'undermined by Iran': Pentagon chief
Sep 16, 2019 (AFP)
After briefing President Donald Trump in the White House, Esper singled out Iran as undermining international order, without directly pinning blame on Tehran fo...
Iraq denies links to drone attack on Saudi oil plants
Sep 15, 2019 (AFP)
The attacks early Saturday targeted two key oil installations, causing massive fires and taking out half of the kingdom's vast oil output. The operation was cla...
Venezuela 'ready' to defend itself after US invokes defence pact: FM
Sep 13, 2019 (AFP)
"We are ready to protect ourselves, we are ready to react," Arreaza told a news conference after meeting in Geneva with UN rights chief Michelle Bachelet. "We w...
'Demon oil' on the defensive over climate change
Sep 13, 2019 (AFP)
With the burning of "demon" fossil fuels blamed for playing havoc in the "age of man", many agreed that after decades of energy wars, future conflicts would be ...
Oil spill adds to list of Dorian-induced woes in Bahamas
Sep 12, 2019 (AFP)
After sowing mass destruction across the island, Hurricane Dorian delivered one final blow: an oil spill at the Norwegian Equinor facility. Dozens of residents ...
Energy 'transition' the buzzword, but a fossil future for the Gulf
Sep 11, 2019 (AFP)
But many executives and officials from oil-dependent Gulf states insist that while the change to renewables is essential, fossil fuels remain the future at leas...
Contest yields new technologies for finding natural gas leaks
Sep 10, 2019 (UPI)
Though a "challenge" by name, the effort yielded no winners. Most participants focused on very specific aspects of mobile gas detection, like how to pinpoint th...
S.Sudan rebel leader in Juba in bid to salvage peace deal
Sep 09, 2019 (AFP)
Machar landed in the capital in a Sudanese plane, preceded by two jets carrying a large delegation of around 60 people and security officers from Khartoum where...
Big Oil investments bet on failure to meet climate goals: report
Sep 06, 2019 (AFP)
Eighteen major investments totalling $50 billion would only become profitable if the world exceeds the Paris climate treaty targets for capping global warming, ...
Russia's Novatek announces launch of huge Arctic gas project
Sep 05, 2019 (AFP)
The privately owned company said that a "final investment decision" had been made on financing the $21 billion Arctic LNG 2 project with partners including Fran...
US won't waive sanctions to allow French-proposed Iran credit line
Sep 04, 2019 (AFP)
"We can't make it any more clear that we are committed to this campaign of maximum pressure and we are not looking to grant any exceptions or waivers," Brian Ho...
Jordan receives first Iraqi oil for 5 years
Sep 04, 2019 (AFP)
Energy Minister Hala Zawati said the shipments -- under a deal struck in February for deliveries by truck of 10,000 barrels of Iraqi crude per day -- would cove...
EU's climate tilt tripped up by post-Soviet energy treaty
Sep 04, 2019 (AFP)
The Energy Charter Treaty, struck in the 1990s, is meant to boost energy cooperation across borders. Initially it sought to protect investment in developing sta...
Iran says to stick to nuclear deal for $15 bn oil credit
Sep 04, 2019 (AFP)
Deputy Foreign Minister Abbas Araghchi expressed doubt, however, that such a plan could be agreed before a looming deadline set by Iran to further scale back it...
New fuel to get sea freight environmentally shipshape
Sep 04, 2019 (AFP)
The International Maritime Organization decided in 2016 that the sulphur levels in fuels for ships would have to fall to 0.5 percent in 2020, compared to 3.5 pe...
US rolls back regulations on industrial methane leaks
Aug 29, 2019 (AFP)
It is the latest in President Donald Trump's long battle against environmental protection rules, coming weeks after his administration made fundamental changes ...
Disaster feared if 'ticking time bomb' Yemen tanker explodes
Aug 28, 2019 (AFP)
The ship "Safer", used as a floating storage platform, is laden with some 1.1 million barrels of crude oil and has been stranded with no maintenance since early...
Iran sends warships to Gulf of Aden to protect commercial vessels
Aug 26, 2019 (UPI)
The destroyer Sahand and the carrier Khark will escort ships "to provide security for Islamic Republic vessels in international waters," Iranian Army Chief of S...
Iran turns to Asian allies to seek relief from US sanctions
Aug 26, 2019 (AFP)
Zarif's Asian tour -- which also includes stopovers in Japan and Malaysia -- comes fresh on the heels of a surprise visit to the G7 summit in France over the we...
Rocket attack kills six in Iraq's oil-rich Kirkuk
Aug 25, 2019 (AFP)
"Six civilians were killed and nine others were wounded in an attack with rocket-propelled grenades and medium-grade weapons," they said in a statement. It said...
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