OIL

10,863 articles

U.S. bolsters forces in Persian Gulf to counter Iran's attempts to seize tankers
Jul 18, 2023 (UPI)
Deputy Pentagon press secretary Sabrina Singh told reporters Monday during a press conference that Defense Secretary Lloyd Austin has ordered the deployment of ...
China's Xi pledges stronger ties with Algeria
Jul 18, 2023 (AFP)
Tebboune began a five-day state visit to China on Monday, his first since assuming the presidency in late 2019. Algeria, Africa's largest natural gas exporter, ...
NGOs report oil spill in Gulf of Mexico
Jul 18, 2023 (AFP)
Satellite images show that the spill began on July 4, three days before the blast, and by last week had spread over some 400 square kilometers (154 square miles...
'Risk is high': ship arrives to pump oil from Yemen tanker
Jul 16, 2023 (AFP)
After years of tense diplomacy between the United Nations, Yemen's Huthi rebels and the internationally recognised government, the Nautica entered Yemeni waters...
First hydrogen tests in transparent combustion chamber at DLR
Jul 14, 2023 (SPX)
This initiative is a part of a broader, four-year research collaboration, aimed at fostering low-emission combustion technologies and refining optical measureme...
Drexel's titanium oxide material lets sunlight drive green hydrogen production
Jul 14, 2023 (SPX)
The discovery offers an alternative to current methods that generate greenhouse gas and require a great deal of energy. Photocatalysis, a process that can split...
In Canada, deserted oil wells are environmental time bombs
Jul 13, 2023 (AFP)
Activists and experts say the existence of these inactive oil and gas installations -- often dug hundreds of meters (yards) below the surface in Alberta provinc...
ExxonMobil to buy Denbury for $4.9 bn to expand low-carbon business
Jul 13, 2023 (AFP)
The all-stock acquisition provides ExxonMobil with Denbury's carbon dioxide pipeline network in industrial-rich regions of the southern states of Texas, Louisia...
No 'magic' wand to banish fossil fuels: COP28 president and oil boss
Jul 13, 2023 (AFP)
"We cannot shut down the energy system of today before we build the new energy system of tomorrow that is equipped with zero-carbon emission sources," said Jabe...
Why American communities are suing Big Oil for climate damages
Jul 12, 2023 (AFP)
Now, he's part of a legal team taking on Big Oil over the 2021 Pacific Northwest Heat Dome disaster -- and says the era of fossil fuel companies evading respons...
Appeals court orders temporary halt to natural gas pipeline in national forest
Jul 11, 2023 (UPI)
Environmental groups had protested the Biden administration's approval of the natural gas pipeline through the national forest. The same court previously had tu...
Iraq to pay for Iranian gas imports with oil: PM
Jul 11, 2023 (AFP)
Iranian gas is crucial for Iraq's electricity generation, but US sanctions on Iranian oil and gas impose restrictions on how Baghdad can pay for the imports. Ir...
Lower U.S. gasoline prices may be their own undoing
Jul 10, 2023 (UPI)
Travel club AAA on Monday put the national average retail price of $3.54 for a gallon of regular unleaded gasoline, relatively unchanged from week-ago levels. A...
Norway's DNO claims largest hydrocarbon discovery in 10 years
Jul 10, 2023 (UPI)
DNO is assessing the reserve potential from the Carmen discovery. Preliminary data put the gross recoverable reserves in the range of 120 million to 230 million...
Transfer of crude from tanker off Yemen to start next week: UN
Jul 10, 2023 (AFP)
The 47-year-old FSO Safer, long used as a floating storage platform and now abandoned off the rebel-held Yemeni port of Hodeida, has not been serviced since the...
Iraq must settle gas import dues for Tehran: pro-Iran parties
Jul 09, 2023 (AFP)
Iraq, ravaged by decades of conflict and international sanctions, relies on gas imported from its eastern neighbour for a third of its energy needs. But US sanc...
Saudi should 'review' emissions targets: French minister
Jul 09, 2023 (AFP)
Agnes Pannier-Runacher left the world's biggest oil exporter early Sunday morning after meeting with her Saudi counterpart and French and Saudi business people....
Public support hydrogen and biofuels to decarbonise global shipping
Jul 08, 2023 (SPX)
The study involving the University of Southampton also found that nuclear was preferred to the heavy fuel oil (HFO) currently used in the global shipping indust...
Gasoline prices stable, but that could change amid oil production cuts
Jul 07, 2023 (UPI)
Travel club AAA listed a national average retail price of $3.54 for a gallon of regular unleaded gasoline for Friday, a slight increase from the previous day bu...
Oil platform fire in Gulf of Mexico injures at least 6, Mexico's PEMEX says
Jul 07, 2023 (UPI)
Petroleos Mexicanos, also known as PEMEX, which operates the oil platform, said the fire broke out at around 5:25 a.m. and eventually spread to a compression pl...
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