OIL

10,863 articles

Oil tops $113, equities sink on Ukraine war fears
Mar 02, 2022 (AFP)
Russian President Vladimir Putin's invasion of his neighbour has sent world markets into a spiral over the past week, further fraying nerves on trading floors c...
Denmark okays gas pipeline connecting Norway and Poland
Mar 01, 2022 (AFP)
In 2021, the Danish Environmental and Food Appeals Board withdrew the permit for the 210-kilometre (130-mile) Danish section of the Baltic Sea pipeline, citing ...
WTI crude surges more than 5% on Russia-Ukraine crisis
Feb 28, 2022 (AFP)
The contract rose 5.07 percent to $96.23, while Brent crude was up 4.30 percent at $102.14. The United States and European Union said they would exclude some Ru...
WTI surges more than 6%, Brent more than 5% on Ukraine invasion
Feb 28, 2022 (AFP)
WTI rose 6.27 percent to $97.33, while Brent crude was up 5.24 percent at $103.06. The United States and European Union said they would exclude some Russian ban...
Australian energy firms challenge excess emissions claim
Feb 25, 2022 (AFP)
During an 18-month investigation, researchers from the Australian Conservation Foundation found one-in-five fossil fuel companies reporting their emissions had ...
Not so SWIFT: EU energy concerns spark Russia sanctions rift
Feb 25, 2022 (AFP)
Ukraine has expressly called on Western allies to expel Moscow from the system that banks rely on to transfer money. But US President Joe Biden revealed this we...
Oil prices break $100 on Russian 'military operation' in Ukraine
Feb 24, 2022 (AFP)
Brent surged to $100.04 a barrel after the announcement, as concerns grew about a full-scale conflict in eastern Europe. WTI hit $95.54. It came after Putin mad...
TotalEnergies makes 'significant' oil discovery off Namibia
Feb 24, 2022 (AFP)
The discovery comes after the International Energy Agency (IEA) warned last year that all fossil fuel exploration projects must cease immediately if the world i...
Oil tops $100, havens rally, stocks drop as Russia invades Ukraine
Feb 24, 2022 (AFP)
Markets have been hammered this week after the Kremlin recognised two breakaway regions in eastern Ukraine and said it would provide "peacekeepers" to the regio...
Scottish Ballet joins National Portrait Gallery ending BP sponsorships
Feb 23, 2022 (AFP)
The Glasgow-based organisation, one of the UK's five leading ballet companies, said its relationship with the firm had reached a "natural conclusion". A decisio...
Energy sector methane emissions underreported: report
Feb 23, 2022 (AFP)
The International Energy Agency said its latest annual Global Methane Tracker had found that emissions by the energy sector were about 70 percent higher than of...
Australia's gas and mining emissions higher than estimated
Feb 23, 2022 (AFP)
During an 18-month investigation, researchers from the Australian Conservation Foundation found one-in-five fossil fuel companies reporting their emissions had ...
UN Security Council ends Iraq invasion reparations to Kuwait
Feb 22, 2022 (AFP)
Members approved a resolution to "terminate the mandate" of the United Nations Compensation Commission, concluding that the operation has "fulfilled" its purpos...
Britain's National Portrait Gallery ends oil giant BP deal
Feb 22, 2022 (AFP)
BP has sponsored the museum's prestigious Portrait Award since 1989. "The Gallery is hugely grateful to BP for its long-term support of the BP Portrait Award," ...
Greece urged to halt energy research after whales wash up
Feb 22, 2022 (AFP)
Athens has allowed hydrocarbon exploration and exploitation rights off the island of Crete and in the Ionian Sea in recent years to the dismay of local activist...
Spain, Denmark oppose EU green label for gas, nuclear
Feb 21, 2022 (AFP)
The two nations believe such a move would send "the wrong message to investors and society as a whole", Spanish Prime Minister Pedro Sanchez told a joint news c...
Easy aluminum nanoparticles for rapid, efficient hydrogen generation from water
Feb 21, 2022 (SPX)
For years, researchers have tried to find efficient and cost-effective ways to use aluminum's reactivity to generate clean hydrogen fuel. A new study by researc...
Dissolving oil in a sunlit sea
Feb 18, 2022 (SPX)
The most commonly discussed fates of oil spilled at sea are biodegradation (microorganisms consuming and breaking down the oil), evaporation (liquid oil becomin...
India aims to be green hydrogen hub
Feb 18, 2022 (AFP)
Green hydrogen is produced using non-fossil fuel power to then be utilised in carbon-heavy industrial processes like making steel and concrete, and for transpor...
NATO, EU chiefs vow 'high costs' for Russia if it acts against Ukraine
Feb 18, 2022 (AFP)
Following a video call with US President Joe Biden and other Western leaders, NATO Secretary General Jens Stoltenberg reiterated on Twitter that "that any furth...
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