OIL

10,863 articles

Qatar emir visits Iran as nuclear talks falter
May 12, 2022 (AFP)
The one-day visit by the emir, Sheikh Tamim bin Hamad Al-Thani, came as the European Union's coordinator for the nuclear talks, Enrique Mora, held a second day ...
Donors pledge $33m to stop 'catastrophic' Yemen oil spill
May 11, 2022 (AFP)
The decaying 45-year-old oil tanker, long used as a floating storage platform and now abandoned off the rebel-held Yemeni port of Hodeida, is in "imminent" dang...
Energy firms' climate commitments lack credibility: report
May 11, 2022 (AFP)
The non-profit think tank that researches the impact of climate change on financial markets noted that despite a spate of new targets set by top 15 global energ...
NREL scientists advance renewable hydrogen production method
May 11, 2022 (SPX)
Hydrogen has emerged as an important carrier to store energy generated by renewable resources, as a substitute for fossil fuels used for transportation, in the ...
Germany warns energy security trumps porpoise habitat
May 05, 2022 (AFP)
Germany is racing to build liquefied natural gas terminals to receive supplies from farther afield in its bid to quickly turn its back on piped-in Russian energ...
Siemens unveils hydrogen-powered train
May 05, 2022 (AFP)
The locomotive which runs on electricity produced by a hydrogen fuel cell "should replace diesel powered trains in regional traffic and reduce carbon emissions ...
Shell profit up as high oil prices offset Russia hit
May 05, 2022 (AFP)
Profit after tax leapt 26 percent to $7.1 billion (6.7 billion euros) from a year earlier, Shell said in a statement. While the group took a $3.9-billion charge...
OPEC+ eye modest supply boost as demand dented by China Covid rules
May 05, 2022 (AFP)
Russia's invasion of Ukraine has also added to supply concerns, which have increased with Europe's announced moves on a potential Russian oil embargo. Prices so...
Rockets target north Iraq oil refinery, cause 'minor damage'
May 01, 2022 (AFP)
"Six rockets fell near the Zab river in the Khabat district," Kurdish counter-terrorism forces said in a statement, without specifying the target of the attack....
Iran-Saudi tensions near end, Iraq PM says
Apr 30, 2022 (AFP)
Iraq, a neighbour to both countries, has hosted five rounds of talks over the past year aimed at restoring ties between Sunni Muslim Saudi Arabia, and Shiite-ma...
Boosted by oil prices, ExxonMobil, Chevron throw cash at investors
Apr 29, 2022 (AFP)
Both US oil giants scored huge profit increases propelled by crude prices that rose after the Russian invasion of Ukraine. But both companies have thus far avoi...
California probes 'Big Oil' over plastic pollution
Apr 29, 2022 (AFP)
As part of the wide-ranging probe, the state's attorney general hit ExxonMobil with a subpoena with the aim of uncovering its role in an alleged cover-up. "Enou...
New measurement technique makes hydrogen combustion with ammonia visible
Apr 28, 2022 (SPX)
In their climate goals, politicians have set a timeline for the transition of the energy system. The scientific community is working to make the necessary techn...
Cheaper hydrogen fuel cell could mean better green energy options
Apr 26, 2022 (SPX)
Hydrogen fuel cells convert hydrogen to electricity with water vapour as the only by-product, making them an attractive green alternative for portable power, pa...
Development of magnetic cooling materials that enable efficient hydrogen liquefaction
Apr 25, 2022 (SPX)
Hydrogen fuel is expected to play an important role in promoting carbon neutral society. Hydrogen gas has large volume and its liquefaction has great advantages...
Activists block Russian oil tanker in Norway
Apr 25, 2022 (AFP)
The Hong Kong-registered Ust Luga, leased by Russian oil company Novatek, was carrying 95,000 tonnes of fuel bound for Esso's terminal in southeast Norway, Gree...
Oil prices up as traders weigh demand and supply issues
Apr 21, 2022 (AFP)
Ongoing restrictions in the country, including in the economic hub of Shanghai, where millions remain confined to their homes, have hit transport networks. But ...
Philippines halts oil and gas exploration in disputed South China Sea
Apr 20, 2022 (AFP)
Drilling off the Philippines was allowed to resume in October 2020 when Duterte -- who has taken a softer approach than his predecessor to Beijing's claims over...
Study predicts thawing of gas-saturated permafrost around oil and gas wells of Russian Arctic
Apr 20, 2022 (SPX)
Oil and gas deposits in the Arctic region lie beneath a 100-to-500-meter layer of permafrost. As comparatively hot hydrocarbons rise up along the well shaft dri...
Oil stabilises after big drop on IMF growth cut
Apr 20, 2022 (AFP)
The International Monetary Fund slashed its outlook by 0.8 percentage points, largely over inflationary crises linked to the Ukraine war and the coronavirus pan...
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