OIL

10,863 articles

Iran foreign minister in Iraq for security talks
Feb 22, 2023 (AFP)
Iraq has taken a key role as a mediator between Iran and Saudi Arabia since 2021, after Riyadh broke off diplomatic relations in 2016, but efforts have been dea...
Amazon pollution: the stain on Ecuador's oil boom
Feb 22, 2023 (AFP)
"On that day, ministers and officials bathed in oil. Then they threw it in the river... a good start," Donald Moncayo, coordinator of the Union of People Affect...
Energy firms not doing enough to cut methane: IEA
Feb 21, 2023 (AFP)
In its latest annual Global Methane Tracker report, the IEA found that emissions from the energy sector rose slightly last year to 135 million tonnes, to just b...
UAE, Israel unveil joint naval vessel as military ties grow
Feb 20, 2023 (AFP)
The craft, which has advanced sensors and imaging systems and can be used for surveillance, reconnaissance and detecting mines, was unveiled off the coast of Ab...
Facile and scalable production of a fuel-cell nanocatalyst for the hydrogen economy
Feb 17, 2023 (SPX)
However, the cost of platinum, which can be up to ~30,000 USD per kg, has been a major limitation, making fuel cell catalysts to be prohibitively expensive. The...
China's Xi to make state visit to Iran: foreign ministry
Feb 16, 2023 (AFP)
Beijing and Tehran reinforced their strong economic ties in 2021 by signing a 25-year "strategic cooperation pact" but have been under pressure from Western nat...
Researchers develop 'green' method to extract hydrogen from seawater
Feb 14, 2023 (UPI)
"Hydrogen is emerging as an alternative clean fuel; however, its dependance on freshwater will be a threat to a sustainable environment," researchers said in a ...
World oil demand exceeded pre-Covid level in late 2022: OPEC
Feb 14, 2023 (AFP)
Demand reached 101.17 million barrels per day in the fourth quarter, the Saudi-led oil cartel said, compared to 100.79 mbd in the same period in 2019.
Shareholder sues Shell bosses over climate risks
Feb 09, 2023 (AFP)
Corporations have faced a growing number of climate-related lawsuits in recent years as they come under pressure to step up efforts to curb global warming. Shel...
Rival Libya administrations agree to remove foreign fighters: UN
Feb 08, 2023 (AFP)
The UN mission in the North African country hailed "an important step toward achieving sustainable stability and peace in Libya" after a meeting in Cairo along ...
BP posts annual loss on Russia exit, despite oil price surge
Feb 07, 2023 (AFP)
The company posted annual losses after tax totalling $2.5 billion, compared with net profit of $7.6 billion in 2021. Excluding the exceptional hit, profit more ...
UK's PM creates four ministries with new energy drive
Feb 07, 2023 (AFP)
Sunak created four new ministries in his first cabinet overhaul since his surprise ascent to power in October, as he bids to salvage his ruling Conservatives' c...
Iraq's Kurdistan says resumes oil exports via Turkey
Feb 07, 2023 (AFP)
"At 9:45 pm (1845 GMT) the Kurdistan region's oil exports resumed via the pipeline connecting the area with Turkey," the Kurdish ministry of natural resources s...
BP posts record profit, dilutes green target
Feb 07, 2023 (AFP)
BP's underlying profit more than doubled to a record $27.7 billion last year, sparking renewed outrage from green groups and unions demanding far greater action...
Iraqi Kurdistan suspends oil exports through Turkey after quake
Feb 06, 2023 (AFP)
"Due to the earthquake that hit Turkey and Syria, and to ensure the safety of oil exports and prevent any undesirable incidents, oil exports through the pipelin...
Lavrov in Iraq to discuss US sanctions over Ukraine
Feb 06, 2023 (AFP)
Iraqi Foreign Minister Fuad Hussein told a Baghdad news conference that he would discuss the issue during a visit to Washington on Wednesday. "The sanctions sho...
TotalEnergies looks at CO2 stockage sites off Denmark
Feb 06, 2023 (AFP)
The objective is to find and develop locations that could store as much as five million tonnes of CO2 per year by 2030. The North Sea is particularly suitable f...
Russia's Lavrov in Iraq for energy talks
Feb 05, 2023 (AFP)
He landed in Baghdad late on Sunday at the head of a large delegation that includes "oil and gas companies and investors", Ahmed al-Sahhaf told AFP. On Monday, ...
Iraq hopes talks can resolve hitches in $10 bn Total deal
Feb 02, 2023 (AFP)
"We have given ourselves time to continue the dialogue and reach a satisfactory solution for the parties involved regarding certain points of contention, includ...
Iraq, Saudi seek to boost economic cooperation
Feb 02, 2023 (AFP)
Fuad Hussein made no mention of resuming talks between Saudi Arabia and arch-rival Iran -- previously mediated by Iraq -- during a joint press conference. "This...
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