OIL

10,863 articles

Singapore's Sentosa island beaches closed due to oil spill
Jun 15, 2024 (AFP)
The oil spill resulted from an accident on Friday at the Pasir Panjang terminal between a Netherlands-flagged dredger and a stationary Singapore-flagged bunker ...
Huge fire at Iraq oil refinery injures 14
Jun 13, 2024 (AFP)
The fire broke out in a major crude oil tank on Wednesday night before spreading to a second refinery on a road southwest of Arbil, capital of the autonomous no...
Fire at Iraqi oil refinery injures 10: civil defence
Jun 13, 2024 (AFP)
The fire broke out in a major crude oil tank on Wednesday night before spreading to a second refinery on a road southwest of Arbil, capital of the autonomous Ku...
World will amass 'major' oil surplus by 2030: IEA
Jun 12, 2024 (AFP)
Global demand is expected to "level off" at 106 million barrels per day (bpd) toward the end of this decade while overall supply capacity could reach 114 millio...
Brazil's Lula defends oil exploration near Amazon River
Jun 12, 2024 (AFP)
"We want everything to be legal, respecting the environment. But we are not going to let any opportunity to promote the growth of this country pass us by," Lula...
Oil and gas industry hops on generative AI bandwagon
Jun 12, 2024 (AFP)
Long before the current craze surrounding generative AI (Gen AI), the energy sector employed traditional artificial intelligence through its use of data to iden...
Detained Uganda environmental activist freed but 'in bad shape'
Jun 10, 2024 (AFP)
Stephen Kwikiriza was found on Sunday evening dumped on a roadside in Kyenjojo, about five hours' drive west of the capital Kampala, said Samuel Okulony, direct...
Environmental activist 'detained' in Uganda, NGOs say
Jun 07, 2024 (AFP)
Stephen Kwikiriza has not been heard from for three days, according to the International Federation for Human Rights (FIDH). "In a particularly worrying escalat...
COP29 climate hosts say they'll keep expanding fossil fuels
Jun 07, 2024 (AFP)
Mukhtar Babayev defended his country's hosting of the world's most important climate summit despite its surging natural gas exports, even as UN chief Antonio Gu...
Ukraine drone strike halts operations at Russian refinery
Jun 06, 2024 (AFP)
Russia's defence ministry said that 13 drones were destroyed overnight over annexed Crimea, six over the Belgorod region bordering Ukraine and an anti-ship miss...
Cleaner shipping fuel accelerated global warming: study
May 30, 2024 (AFP)
Global shipping's switch to low-sulphur fuels starting in 2020 "could lead to a doubling (or more) of the warming rate" this decade and has already contributed ...
China's Xi says wants to deepen energy cooperation with Arab states
May 30, 2024 (AFP)
China, which has ramped up diplomatic exchanges with Middle Eastern leaders in recent years, is a key customer for oil-exporting countries in the region. "China...
SE Asia gas expansion threatens green transition: report
May 30, 2024 (AFP)
The region's existing plans project a doubling of gas-fired power capacity, and an 80 percent increase in LNG import capacity, said Global Energy Monitor (GEM),...
Exxon plays hardball against climate NGOs. Will investors care
May 29, 2024 (AFP)
The US oil giant, which unapologetically favors petroleum investment despite its negative climate impacts, has adopted a more aggressive posture towards activis...
Shareholders back Exxon bullying of green investors
May 29, 2024 (AFP)
The company's 12 nominees won an average of 95 percent of votes cast, ranging from 87 percent to 98 percent, ExxonMobil said in an email to AFP. The vote follow...
Brazil's new Petrobras chief calls to speed up oil exploration
May 27, 2024 (AFP)
Former regulator Magda Chambriard took over as chief executive of the oil giant on Friday, after left-wing President Luiz Inacio Lula da Silva sacked her predec...
Defying protests, TotalEnergies says seeking new oil fields
May 24, 2024 (AFP)
Patrick Pouyanne warned that higher oil prices prompted by insufficient fossil fuel output "would quickly become unbearable for the populations in emerging coun...
Senate Dems launch probe into Trump's alleged quid-pro-quo meeting with Big Oil
May 24, 2024 (UPI)
The inquiry was launchd Thursday when letters were sent by Senate Committee on the Budget Chairman Sheldon Whitehouse, D-R.I., and Senate Committee on Finance C...
Biden admin. to release 1M barrels of gas to lower prices at pumps this summer
May 22, 2024 (UPI)
The barrels, representing some 42 million gallons of gasoline, are being released from the Northeast Gasoline Supply Reserve, the Department of Energy announced...
NGOs seek climate trial of French oil giant TotalEnergies
May 21, 2024 (AFP)
The case targets the company's board, including chief executive Patrick Pouyanne, and major shareholders that backed its climate strategy, including US investme...
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