OIL

10,863 articles

Ukraine takes Russian tanker linked to 2018 military seizure
Jul 31, 2019 (UPI)
The Security Service of Ukraine accused the Russian NEYMA tanker of blocking a Ukrainian naval group last November in the waterway on behalf of the Russian mili...
Iran ready to export gasoline, natural gas if it can't export crude oil
Jul 31, 2019 (UPI)
Iran announced Monday that it will export 10,000 tons of gasoline rated at 91 octane to Afghanistan, the first time the country has sold gasoline to another cou...
Vienna to ban oil and gas heaters for 80 percent of new homes
Jul 31, 2019 (AFP)
The Austrian capital has one of Europe's most developed district heating networks, and the city wants to promote this method of heating homes, alongside renewab...
Germany nixes US request to join naval mission off Iran
Jul 31, 2019 (AFP)
Chancellor Angela Merkel's government was responding to a US demand made public a day earlier "to help secure" the world's busiest oil shipping lane and "combat...
Iran releases video of British tanker capture
Jul 31, 2019 (UPI)
The IRGC captured the Stena Impero tanker near the Strait of Hormuz nearly two weeks after the British Marines captured the Iranian Grace 1 tanker near Gibralta...
Iran says Europe 'obliged' to let it sell and ship oil
Jul 31, 2019 (AFP)
The deal over Iran's nuclear programme has begun to unravel since President Donald Trump announced the United States was withdrawing from the agreement last yea...
Saudi Arabia could to expand pipeline to redirect oil from Strait of Hormuz
Jul 31, 2019 (Sputnik)
Saudi Arabia is planning to boost the output capacity by 40% of a pipeline belonging to state oil company Saudi Aramco that runs from the country's east to the ...
Ukraine seizes Russian tanker over naval clash: prosecutor
Jul 30, 2019 (AFP)
A court, in the southern city of Odessa, ordered the seizure of the tanker Nika Spirit on Monday, according to documents posted by Anatoliy Matios on social med...
US urges Germany to 'help secure' Strait of Hormuz
Jul 30, 2019 (AFP)
The request came after Britain last week ordered its navy to escort UK-flagged ships in the world's busiest oil shipping lane in response to Iranian soldiers se...
Iran tanker captain says marines used 'brute force': BBC
Jul 30, 2019 (AFP)
The supertanker was seized on July 4 by Gibraltar police and British special forces from the United Kingdom off the overseas British territory. The ship was sus...
UK warship arrives in Gulf to escort tankers
Jul 29, 2019 (AFP)
HMS Duncan was sent to help accompany vessels through the Strait of Hormuz after Iran seized a British-flagged tanker there earlier this month, in what London c...
U.S. Navy, Air Force hold joint integration exercise in Arabian Gulf
Jul 29, 2019 (UPI)
F-15E Strike Eagle fighter planes attached to the 336th Expeditionary Fighter Squadron participated in an "air operations in maritime surface warfare" exercise ...
Britain rules out seized tanker swap with Iran
Jul 29, 2019 (AFP)
A sense of crisis in the world's busiest oil shipping lane has been building up for weeks as Iran responds to US President Donald Trump's "maximum pressure" cam...
Iran forces warned off UK warship during tanker seizure: audio
Jul 29, 2019 (AFP)
The audio message was accompanied by aerial video footage of a warship thought to be the HMS Montrose, which the UK defence ministry says has now been joined in...
Could Baghdad-Arbil end Iraq's protacted oil dispute?
Jul 28, 2019 (AFP)
Here are a few questions and answers to clarify the complex issue. What's the dispute? Ties between Baghdad and Arbil have long been strained, amid federal fear...
EU lending arm proposes fossil fuel phase-out
Jul 26, 2019 (AFP)
The European Investment Bank, the EU's lending arm, has proposed to boost support for clean-energy projects as a way to fight climate change and the associated ...
Venezuela Supreme Court annuls opposition bid to re-join defense treaty
Jul 26, 2019 (AFP)
Venezuela's top court, made up of judges loyal to President Nicolas Maduro, said the National Assembly's decision to rejoin the Inter-American Treaty of Recipro...
European Gulf security plan 'complementary' to US moves: Pentagon
Jul 24, 2019 (AFP)
"I think it's all complementary," Esper told reporters when asked about the initiative which London, Paris and Berlin have been working on since Tehran seized a...
U.S. Air Force expands operating base in Saudi Arabia
Jul 24, 2019 (UPI)
The move to establish an expeditionary annex at Prince Sultan Air Base, which the U.S. military left 15 years ago, has been prompted by increasing threats from ...
Iranian envoy holds talks in Paris amid new Gulf tensions
Jul 23, 2019 (AFP)
Tensions have soared in the Gulf in the last weeks as Iran ramped up its controversial nuclear programme following the US pullout from a 2015 deal on Iran's ato...
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