OIL

10,863 articles

China discovers major new oilfield off Shenzhen
Mar 31, 2025 (AFP)
The Huizhou 19-6 oilfield lies about 170 kilometres (100 miles) from Shenzhen in south China's Guangdong Province, Beijing's Xinhua news agency said. Test drill...
Rubio warns Venezuela of force if it attacks oil-rich Guyana
Mar 27, 2025 (AFP)
Venezuela, whose leftist leader Nicolas Maduro is despised by the Cuban-American Rubio, has increasingly pushed its claim to the disputed Essequibo region contr...
Just Stop Oil activist group says to stop climate protest stunts
Mar 27, 2025 (AFP)
"It is the end of soup on van Goghs, cornstarch on Stonehenge and slow marching in the streets," the group said in a statement, claiming that it had succeeded i...
Ugandan environmentalists demand banks halt new funding for oil project
Mar 27, 2025 (AFP)
French giant TotalEnergies and the China National Offshore Oil Corporation (CNOOC) are pushing ahead with a 1,443-kilometre (900-mile) heated pipeline from the ...
Study questions Australian mine's methane reporting
Mar 26, 2025 (AFP)
The UN's international methane observatory worked with Australian scientists to fly sophisticated sensors over Queensland's vast Hail Creek mine, run by commodi...
China slams US 'interference' in Venezuela over Trump oil tariff threat
Mar 25, 2025 (AFP)
On Monday, Trump said the new levy, effective from April 2, would apply to all goods entering the United States from countries that buy Venezuelan oil. China is...
Shell plans to cut more costs, boost gas sales
Mar 25, 2025 (AFP)
Shell aims to reduce costs by between $5 billion to $7 billion by 2028, compared with 2022 levels, the company said in a statement ahead of its investor event i...
Trump to impose sharp tariffs on countries buying Venezuelan oil
Mar 25, 2025 (AFP)
Since returning to the White House in January, Trump has unleashed tariffs on US allies and foes alike, attempting to strong-arm both economic and diplomatic po...
Brazil chief Raoni says will challenge Lula on Amazon oil project: AFP interview
Mar 24, 2025 (AFP)
Ahead of Brazil hosting the UN's COP30 climate talks in the Amazonian city of Belem in November, Raoni has told AFP he will soon receive President Luiz Inacio L...
Ecuador ministry says new Amazon fuel leak an 'attack'
Mar 22, 2025 (AFP)
The energy ministry did not report the size of the new spill nor say whether it extended to the Coca River, where the country's main hydroelectric plant is loca...
US sanctions Huthi-linked China oil refinery
Mar 21, 2025 (AFP)
The US Treasury Department announced in a statement it was sanctioning a "teapot refinery" based in China's Shandong province that bought Iranian oil worth "app...
Greenpeace hit with $660 mn in damages in US pipeline suit
Mar 19, 2025 (AFP)
The verdict delivers a stunning legal blow to the environmental advocacy group, which Energy Transfer (ET) accused of orchestrating violence and defamation duri...
Trump advances another LNG project, drawing environmentalist ire
Mar 19, 2025 (AFP)
The Energy Department approved an export authorization for the Venture Global CP2 liquefied natural gas (LNG) export project in Cameron Parish, Louisiana, drawi...
Ecuador declares 'force majeure' emergency, cuts exports over oil spill
Mar 19, 2025 (AFP)
The spill in Ecuador's northwest on Thursday was believed to have been caused when a landslide ruptured a major pipeline, releasing tens of thousands of barrels...
Trump invites oil industry executives to White House for price, tariffs talks
Mar 19, 2025 (UPI)
Big Oil gave over $75 million to Trump PACs during the campaign and now oil prices are down to less than $67 a barrel while tariffs imposed by Trump add 25% to ...
Blaze hits major Nigeria oil pipeline
Mar 18, 2025 (AFP)
The force in Rivers State gave no details about the damage inflicted by the fire, which was discovered by security officers on a routine patrol at night who the...
Huthis claim new attack on American warships, report new US strikes
Mar 18, 2025 (AFP)
The rebels also condemned Israel's wave of strikes on Gaza, which the health ministry in the Hamas-run territory said killed at least 330 people, vowing to esca...
Trump says Iran 'will be held responsible' for Huthi attacks
Mar 17, 2025 (AFP)
"Every shot fired by the Houthis will be looked upon, from this point forward, as being a shot fired from the weapons and leadership of IRAN, and IRAN will be h...
China urges 'dialogue' after Yemen rebels say attacked US carrier
Mar 17, 2025 (AFP)
"China opposes any action that escalates the situation in the Red Sea," foreign ministry spokeswoman Mao Ning told a regular briefing. The Huthis said their att...
Jury deliberates US pipeline case with free speech implications
Mar 17, 2025 (AFP)
At the heart of the case is the Dakota Access Pipeline, where nearly a decade ago the Standing Rock Sioux tribe led one of the largest anti-fossil fuel protests...
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