OIL

10,863 articles

China trade with Russia hits highest level since start of Ukraine war
Jun 07, 2023 (AFP)
Trade between the two countries last month was worth $20.5 billion, data from Beijing showed, with Chinese imports from Russia worth $11.3 billion. There was no...
UAE state oil firm read climate summit emails: report
Jun 07, 2023 (AFP)
The British newspaper reported that the Abu Dhabi National Oil Company (Adnoc), whose CEO Sultan Al Jaber is president of the November summit, was consulted on ...
The University of Manchester lead innovation in clean hydrogen production
Jun 07, 2023 (SPX)
The RECYCLE (REthinking low Carbon hYdrogen production by Chemical Looping rEforming) project will construct and test a fully integrated innovative hydrogen pro...
Shell ordered to pull ads after U.K. 'greenwashing' complaints
Jun 07, 2023 (UPI)
The Advertising Standards Authority highlighted television, print and online media campaigns showcasing Shell as a clean-energy provider. "From electric vehicle...
Japan to invest heavily in hydrogen for energy sector
Jun 06, 2023 (UPI)
A revised hydrogen strategy outlines $107 billion over the next 14 years to increase the hydrogen supply in the island nation to some 12 million tons from 2 mil...
Fossil fuelled: Climate talks begin with spotlight on oil chief
Jun 05, 2023 (AFP)
As the world struggles to limit warming to 1.5 degrees Celsius above preindustrial levels, pressure is on the UAE to arrive in Germany with ambitious plans for ...
Gas prices at a standstill in an otherwise fluid market
Jun 02, 2023 (UPI)
The travel club reported a national average retail price of $3.57 for a gallon of regular unleaded gasoline, unchanged from last week and just 2 cents lower tha...
No luck in search for new reserves near Troll oil and gas field in North Sea
Jun 01, 2023 (UPI)
The Norwegian Petroleum Directorate reported that Equinor finished drilling a wildcat well some 2 miles west of the Troll field. Oil from Troll is one of the gr...
Ahead of key OPEC+ meeting, U.S. data points to resilient energy demand
Jun 01, 2023 (UPI)
The U.S. Energy Information Administration, the Energy Department's data cruncher, reported commercial crude oil in storage increased by 4.5 million barrels com...
TotalEnergies faces demand to suspend future fossil fuel projects
May 31, 2023 (AFP)
The unprecedented demand seeks a court order as a temporary measure for a suspension ahead of giving a full ruling -- not before 2024 or 2025 -- on forcing the ...
UAE withdraws from US-led maritime coalition
May 31, 2023 (AFP)
The UAE "withdrew its participation" in the 38-nation Combined Maritime Forces two months ago, a foreign ministry statement said, without giving reasons for the...
Salvage of oil tanker stranded off Yemen can begin: UN
May 30, 2023 (AFP)
"We're very happy to be on site where we can start the work," David Gressly, the UN coordinator for Yemen, said by videoconference from aboard a support vessel ...
Iraq warned to end oil addiction to avoid 'intensive care'
May 28, 2023 (AFP)
The country's vast oil reserves are enough to produce crude at current rates for another century, but as the world works to wean itself off hydrocarbons, Baghda...
Iraq budget vote delayed as Kurds oppose amendments on oil
May 27, 2023 (AFP)
Oil has been a source of recurrent tension between Kurdistan's autonomous regional government and federal authorities in Baghdad. Kurdish leaders see the budget...
Energy majors go slow on green transition despite pressure
May 26, 2023 (AFP)
During the annual shareholders' meeting of British group Shell on Tuesday, activists shouted out "Go to hell Shell!" BP got similar treatment, as did banking gi...
Oil majors go slow on green transition despite pressure
May 26, 2023 (AFP)
Campaigners again used a series of shareholder meetings in the past month to make their anger known and push energy firms to do more to shift towards solar, win...
TotalEnergies shareholders back oil giant's climate strategy despite protests
May 26, 2023 (AFP)
Protesters tried to prevent investors from attending the group's annual general assembly in Paris, but police early in the morning used tear gas to disperse tho...
French police teargas protesters at oil giant's meeting
May 26, 2023 (AFP)
The demonstration caps a series of tumultuous shareholder meetings at major corporations in Europe as activists step up pressure on companies to reduce their ca...
New supply chain model to empower seabound hydrogen economy
May 24, 2023 (SPX)
Hydrogen has been touted as the clean fuel of the future; it can be generated from water and produces zero carbon emissions. However, it is currently expensive ...
Scientists urge crackdown on methane emissions with only 13 percent regulated
May 24, 2023 (SPX)
The global review, published on 19 May in One Earth, also found that little is known about the effectiveness of the policies that exist, with potentially unrepr...
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