OIL

10,863 articles

Huthi official promises safe passage for Russian, Chinese ships: interview
Jan 19, 2024 (AFP)
In an interview published by Russian outlet Izvestia on Friday, senior Huthi official Mohammed al-Bukhaiti insisted the waters around Yemen, which some shipping...
Norway court rules 3 oil drilling licences invalid
Jan 18, 2024 (AFP)
The Scandinavian branch of Greenpeace and the Natur og Ungdom organisation had sued the Norwegian government in June 2023, arguing that its approval of drilling...
Oil demand growth to halve in 2024: IEA
Jan 18, 2024 (AFP)
The Paris-based IEA, which advises oil-consuming nations, said it expects increase in global oil demand to halve from 2.3 million barrels per day (bpd) last yea...
Treasury Department sanctions ex-Guatemalan energy minister
Jan 17, 2024 (UPI)
The Treasury Department accuses Pimentel of conducting various corruption schemes while serving as the country's minister of energy and mining from 2022 to 2023...
Norway awards 62 new oil, gas licences, angering NGOs
Jan 16, 2024 (AFP)
The batch, divided between the North Sea (29), the Norwegian Sea (25) and the Barents Sea (8), is the largest awarded by the Scandinavian country in four years ...
MIT researchers outline a path for scaling clean hydrogen production
Jan 16, 2024 (SPX)
But supporting the nascent clean hydrogen industry while ensuring it grows into a true force for decarbonization is complicated, in large part because of the ch...
Seismic and infrasonic signals used to characterize Nord Stream pipeline events
Jan 16, 2024 (SPX)
A new study published in The Seismic Record provides further evidence that the Nord Stream seismic signals came from a complex source. The signals lasted longer...
Indigenous Australians fail bid to block major gas project
Jan 15, 2024 (AFP)
Fuel producer Santos -- one of Australia's largest energy companies -- is planning to lay an underwater pipeline to pump gas from offshore wells to the mainland...
Shareholders urge Shell to set climate targets
Jan 15, 2024 (AFP)
Twenty-seven investors, including one of Europe's largest asset managers, Amundi -- with 3.4 percent of Shell's shares -- co-filed the resolution according to a...
UK remains ready to act against attacks on shipping: Cameron
Jan 14, 2024 (AFP)
"We've demonstrated that we're prepared to follow words and warnings with action and that is incredibly important," Cameron told broadcaster Sky News. He sugges...
US, UK say they want to 'de-escalate tensions' in Red Sea
Jan 12, 2024 (AFP)
"Our aim remains to de-escalate tensions and restore stability in the Red Sea," the governments of the US, UK, Australia, Bahrain, Canada, Denmark, Germany, Net...
New alloy electrodes set to revolutionize hydrogen production from seawater
Jan 12, 2024 (SPX)
Water electrolysis, a process where electricity splits water into hydrogen and oxygen, is gaining traction as a clean and sustainable method for hydrogen produc...
Green ammonia could decarbonize 60% of global shipping when offered at just 10 regional fuel ports
Jan 11, 2024 (SPX)
Around USD 2 trillion will be needed to transition to a green ammonia fuel supply chain by 2050, primarily to finance supply infrastructure. The study shows tha...
Iran's navy seizes oil tanker off Oman in dispute with US
Jan 11, 2024 (AFP)
The announcement came hours after a British-navy maritime security agency said armed men boarded the Greek-owned, Marshall Islands-flagged St Nikolas off Oman a...
China, Finland held 'constructive' talks on damaged gas pipeline
Jan 10, 2024 (AFP)
Finnish police in late October recovered an anchor believed to have damaged the Balticconnector pipeline between Finland and Estonia on October 8. They said fin...
Yemen's Huthis claim major missile, drone attack in Red Sea
Jan 10, 2024 (AFP)
Military spokesman Yahya Saree said a "large number" of missiles and drones targeted a US ship that was "providing support" to Israel during its war against Ham...
CENTCOM: Houthi rebels launch 'complex attack' on Red Sea ships
Jan 09, 2024 (UPI)
The attack occurred at about 9:15 a.m. local time, with Iran-designed one-way attack drones and anti-ship cruise and ballistic missiles launched from Houthi-con...
Guyana president meets US official amid Venezuela border row
Jan 09, 2024 (AFP)
Daniel Erikson, Deputy Assistant Secretary of Defense for the Western Hemisphere, was in Georgetown as tensions simmer over Essequibo, which makes up about two-...
Chinese ex-oil firm executive arrested for suspected bribery
Jan 08, 2024 (AFP)
Xu Wenrong, the former deputy general manager of China National Petroleum Corporation (CNPC) was arrested in northeastern China, state broadcaster CCTV said. "T...
US defense official in Guyana amid Venezuela border row
Jan 08, 2024 (AFP)
Daniel Erikson, deputy assistant secretary of defense for the Western Hemisphere, will meet members of the Guyanese government and military, as well as leaders ...
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