OIL

10,863 articles

Climate protesters disrupt Shell shareholder meet
May 23, 2023 (AFP)
Pressure groups including Greenpeace, Fossil Free London, Neon and Tipping Point demonstrated outside Shell's annual general meeting in London. More than 100 ac...
'Worst yet to come' for Europe energy shortages: Qatar minister
May 23, 2023 (AFP)
Saad al-Kaabi and his Saudi counterpart Prince Abdulaziz bin Salman said a lack of investment in oil and gas, as the world tries to transition to cleaner fuels ...
US, European lawmakers demand axe for oil exec heading climate talks
May 23, 2023 (AFP)
The choice of Sultan Al Jaber, chief executive of the Abu Dhabi National Oil Company, or ADNOC, to head December's COP28 summit in Dubai has angered activists w...
China enters Sri Lanka's domestic fuel market
May 22, 2023 (AFP)
The agreement makes China's Sinopec the first newcomer in the Sri Lankan market in 20 years, and follows months of fuel rationing triggered by a foreign exchang...
Consumer anxiety holds gasoline prices in check
May 22, 2023 (UPI)
Travel club AAA put the national average retail price at $3.54 for a gallon of regular unleaded gasoline on Monday, unchanged from week-ago levels. The price at...
Gulf oil giants turn to start-ups in carbon-capture bid
May 21, 2023 (AFP)
Oil producers have for years touted capturing carbon before it goes into the atmosphere as a potential global warming solution, against criticism from climate e...
Greenpeace says Russian decision to outlaw it 'absurd'
May 19, 2023 (AFP)
Russia on Friday branded Greenpeace an undesirable organisation, accusing it of anti-Moscow propaganda and attempting to "change power in the country". The desi...
China's Xi hails 'new era' of ties with Central Asia at summit
May 18, 2023 (AFP)
Held in the ancient Chinese city of Xi'an, the historic eastern end of the Silk Road that linked China to Europe through Central Asia, Beijing has said this wee...
Brazil blocks oil giant from drilling at Amazon River mouth
May 18, 2023 (AFP)
The Petrobras project has "worrying inconsistencies for safe operation" in an area of high socio-environmental vulnerability, the government's environmental age...
Scepter, ExxonMobil, and AWS partner for space-based methane emissions monitoring
May 17, 2023 (SPX)
his collaboration has the potential to redefine methane detection and mitigation efforts and will contribute to broader satellite-based emission reduction effor...
Cleanup of oil-polluted Nigerian state would cost $12 bn: report
May 16, 2023 (AFP)
Bayelsa state, home to some two million people, "is in the grip of a human and environmental catastrophe of devastating proportions," they warned in a much-awai...
Russian oil exports hit post-invasion high: IEA
May 16, 2023 (AFP)
The Paris-based organisation said Russian exports increased by 50,000 barrels per day to 8.3 million bpd last month, estimating that the country did not fully d...
UAE invites Assad to COP28 summit: Syrian state media
May 15, 2023 (AFP)
Assad's first invitation to a global summit since the start of Syria's war in 2011 comes as the Arab world gradually warms to Damascus after a long spell in the...
Iraqi Kurds await 'final deal' on Turkish crude exports
May 15, 2023 (AFP)
After defying Baghdad and independently exporting crude through Turkey for nearly a decade, Iraq's autonomous Kurdish region was forced to halt its lucrative sa...
Iraq awaits Turkey's response to resume Kurdish oil exports
May 12, 2023 (AFP)
The Kurdish regional government had for years earned billions of dollars in revenues exporting crude oil to Turkey without the Iraqi federal government's approv...
Iraq finalises deal to resume Kurdish crude exports to Turkey
May 11, 2023 (AFP)
Nearly a decade after launching an international arbitration, the Iraqi federal government in March won the right to control the autonomous Kurdistan region's o...
National labs team with Idaho Power to study hydrogen generation integrated with hydropower
May 11, 2023 (SPX)
Integrating hydrogen production with hydropower can enhance grid stability through energy storage, reoxygenate water for downstream environmental improvements a...
Top French bank BNP to stop funding new gas projects
May 11, 2023 (AFP)
Although the policy change is a break from the past, when BNP had pumped cash into gas projects, the group did not rule out continuing to finance firms doing su...
Oil spill in Ecuador Amazon region blamed on 'sabotage'
May 11, 2023 (AFP)
The "sabotage" on the Trans-Ecuadorian Pipeline System (SOTE) caused a leak of crude that was "intentionally near a body of water" on the outskirts of Lago Agri...
Shell wins legal case over Nigeria oil spill
May 10, 2023 (AFP)
The Supreme Court said in a statement that its five judges "unanimously" rejected an appeal over the 2011 spill, upholding prior rulings that claims were not ma...
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