OIL

10,863 articles

Iraq rakes in $7 bn in oil revenues in April, highest in 2019
May 01, 2019 (AFP)
Federal authorities exported just under 104 million barrels last month, averaging at 3.47 million bpd. It had exported over 104 million barrels in March. But a ...
US military action in Venezuela 'possible': Pompeo
May 01, 2019 (AFP)
"The president has been crystal clear and incredibly consistent. Military action is possible. If that's what's required, that's what the United States will do,"...
Rage, hope as Venezuelan soldiers join anti-Maduro protests
Apr 30, 2019 (AFP)
Violent clashes unfolded all day outside La Carlota base, where thousands of flag-waving opposition demonstrators took a stand alongside a dozen rebel soldiers,...
Oil industry under pressure to respond to climate change
Apr 28, 2019 (AFP)
Last week activists, responding to a call from the Extinction Rebellion group, laid siege to Shell's London headquarters whose windows were smashed. Several day...
Ecuador to appeal Amazon oil exploration ruling
Apr 28, 2019 (AFP)
The Ministry of Energy and Non-renewable Natural Resources said in a statement it "will appeal the decision, given that although documents and videos were prese...
US oil embargo will see Venezuela turn to China, Russia for salvation
Apr 27, 2019 (AFP)
Until now, US sanctions directly targeted the upper echelons of Maduro's regime in the hope of weakening his grip on power in favor of a transition to oppositio...
Russia won't immediately raise oil output after Iran waivers end
Apr 27, 2019 (AFP)
The United States announced this week that, in a bid to reduce Iran's oil exports to zero, it would from May 2 end US waivers that countries such as India, Chin...
Iraq on track to be third oil supplier in 2030: IEA
Apr 25, 2019 (AFP)
The IEA's wide-ranging report found that Iraq's production in the next decade could increase by an impressive 1.3 million barrels per day to a total of 5.9 mill...
Chinese companies take stakes in Russia's Novatek gas
Apr 25, 2019 (AFP)
The China National Oil and Gas Exploration and Development Corporation (CNODC) signed an agreement to acquire the stake in Novatek's Arctic LNG 2, the privately...
North America driving global oil and gas pipeline 'boom'
Apr 25, 2019 (AFP)
In the first worldwide survey of its kind, the Global Fossil Infrastructure Tracker identified a potential investor bubble ready to burst as renewable energy pr...
Canada oil sands CO2 emissions hugely underestimated: study
Apr 24, 2019 (AFP)
Environment Canada scientists flying over the region took atmospheric measurements and found CO2 emission intensities up to 123 percent higher than current esti...
Energias de Portugal shareholders block takeover bid by China Three Gorges
Apr 24, 2019 (AFP)
The rejection of the bid by the Chinese energy behemoth comes amid growing unease within the European Union over a surge of Chinese state investment in and arou...
From coal to gas: How the shift can help stabilize climate change
Apr 23, 2019 (SPX)
"Many previous studies were somewhat ambivalent about the climate benefits of the coal-to-gas shift," said Tanaka. "Our study makes a stronger case for the clim...
New technologies help unravel nature's methane recipes
Apr 23, 2019 (SPX)
Looking for methane results in more questions than answers - geology and biology work together to make energy Experts say scientific understanding of deep hydro...
US sanctions over Iran oil will 'intensify Mideast turmoil': China
Apr 23, 2019 (AFP)
The White House announced Monday it was calling an end to six-month waivers that had exempted several countries -- including major importer China -- from unilat...
Iraq 'ready' to boost crude exports after Iran waivers end
Apr 22, 2019 (AFP)
The US last year reimposed tough sanctions against Iran's energy sector but granted select countries six-month waivers to continue importing oil products from T...
$5-tn fuel exploration plans 'incompatible' with climate goals
Apr 22, 2019 (AFP)
As greenhouse gas emissions continue to climb annually, a string of warnings from the world's top climate scientists have questioned mankind's ability to preven...
New premier of Canada's Alberta to roll back environmental protections
Apr 18, 2019 (AFP)
The move could put Canada's climate target out of reach, while saddling the federal government with a controversial pipeline project it bought last year as part...
Turkey hopeful US will extend waiver on Iran sanctions
Apr 16, 2019 (AFP)
Turkish Finance Minister Berat Albayrak met President Donald Trump at the White House on Monday and discussed the range of disagreements including Ankara's majo...
EU Parliament rejects bid to strip Exxon lobbyists of access
Apr 16, 2019 (AFP)
The parliament's secretary general Klaus Welle "found no grounds to seek authorisation to withdraw or de-activate ExxonMobil's access badges, given the absence ...
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