OIL

10,863 articles

UAE's Jaber, oil boss who brokered 'beginning of end' for fossil fuels
Dec 13, 2023 (AFP)
The towering Emirati, 50, was beaming in his grey dishdasha after he brought down the hammer on the first United Nations agreement calling for a transition away...
CENTCOM: Norwegian-flagged tanker attacked in Red Sea
Dec 12, 2023 (UPI)
U.S. Central Command said the Norwegian-flagged STRINDA tanker was struck at about 4 p.m. Monday by an anti-ship cruise missile as it was passing through the Ba...
Yemen's Huthi rebels claim attack on Norway-flagged tanker
Dec 12, 2023 (AFP)
Norwegian shipowner J. Ludwig Mowinckels Rederi said the overnight strike on the Strinda caused a fire that the crew, all Indian nationals, were able to extingu...
UAE to try again for climate deal after fury on fossil fuels
Dec 12, 2023 (AFP)
The 13-day COP28 summit in the glitzy metropolis built on petrodollars has debated a historic first-ever global exit from oil, gas and coal, the main culprits i...
COP28's Emirati host narrows fossil fuel ambition, drawing fire
Dec 11, 2023 (AFP)
With hours to go before the official end to the 13-day UN summit in Dubai, COP28 president Sultan Al Jaber released a new draft agreement aimed at bringing onbo...
Not all Arab states backing Saudi Arabia in COP28 talks
Dec 11, 2023 (AFP)
"We're seeing a split between the UAE and other big petrostates on the future of fossil fuels," said Jim Krane of Rice University in Texas. While Riyadh, the wo...
Saudi Arabia tells COP28 to take its 'perspectives' into account
Dec 10, 2023 (AFP)
Participants in the UN talks should "think positive, address the reduction of emissions needed... but also take into account our perspectives and concerns", the...
Saudis, Iraq stand firm as COP28 targets fossil fuels
Dec 10, 2023 (AFP)
With less than 48 hours left before the conference's official end, COP28 president Sultan Al Jaber invited ministers to give their views in a "majlis" -- a trad...
China says seeks fossil fuel deal 'acceptable' to all at COP28
Dec 09, 2023 (AFP)
Despite efforts by the OPEC oil cartel to block any text targeting fossil fuels at COP28, Chinese envoy Xie Zhenhua told reporters that "some progress" has been...
Azerbaijan says it has 'consensus' to host 2024 climate summit
Dec 09, 2023 (AFP)
"I am delighted to announce that there is an overall consensus on the candidacy of Azerbaijan to host COP29," Mukhtar Babayev, minister of ecology and natural r...
Progress but divisions persist as climate summit fights over fossil fuels
Dec 09, 2023 (AFP)
OPEC drew outrage from green-minded countries and activists when it joined Saudi Arabia and called on members to block an emerging declaration that would seek t...
Tanker with Venezuelan oil runs aground in Indonesian waters
Dec 09, 2023 (AFP)
The Cameroon-flagged MT Liberty ship, carrying a cargo of 139,000 tonnes of oil, has been grounded since at least December 2 in Indonesian waters off the Riau I...
Another oil state hosting climate summit? Azerbaijan clears hurdle
Dec 08, 2023 (AFP)
Armenia said Thursday it was dropping its rival bid for COP29 in a goodwill gesture to try to normalise relations with its neighbour after Azerbaijan seized bac...
The energy footprint of architecture built by oil
Dec 08, 2023 (SPX)
The six Middle East countries within the GCC are situated in one of the most challenging environments on the planet. With temperatures soaring above 50 degrees ...
Ugandan court rules against families over oil project
Dec 08, 2023 (AFP)
The $10-billion project by French giant TotalEnergies and the China National Offshore Oil Corporation to develop oilfields in Uganda has been hailed by Presiden...
Venezuela-Guyana tensions soar, US mounts military exercises
Dec 07, 2023 (AFP)
A border feud has been spiraling over the Essequibo region administered by Guyana for over a century but also claimed by Venezuela, which is now seeking to brin...
Big oil and gas producer Canada to cap sector's emissions
Dec 07, 2023 (AFP)
The world's fourth largest oil and gas producer proposes to cap 2030 CO2 emissions by as much as 35 to 38 percent below 2019 levels, and allow companies to trad...
WVU helps recycle water using wastewater from oil and gas mining
Dec 07, 2023 (SPX)
The researchers from the WVU Benjamin M. Statler College of Engineering and Mineral Resources modeled various scenarios for using "cooling tower blowdown" and "...
Pressure mounts on COP28 president as fossil fuel debate sizzles
Dec 06, 2023 (AFP)
A report confirming that 2023 will be the hottest year in recorded history was a reminder of the stakes as the UN negotiations hosted by the oil-rich UAE reache...
Venezuela, Guyana tensions rise over disputed oil-rich region
Dec 06, 2023 (AFP)
Venezuela's President Nicolas Maduro proposed at a government meeting that a bill be sent to the National Assembly for the creation of a "Guyana Esequiba" provi...
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