OIL

10,863 articles

Guyana sells $750 mn of carbon credit to US oil firm Hess
Dec 03, 2022 (AFP)
President Irfaan Ali said the deal was "historic for corporations, voluntary markets, industries, countries and for forested countries," as he signed the agreem...
Austria must continue to cut Russian gas reliance: OMV CEO
Dec 02, 2022 (AFP)
Europe has sought to reduce its reliance on Russian oil and gas since Moscow invaded Ukraine. Russia in turn has slashed gas deliveries, causing energy prices t...
Germany, Norway seek NATO-led hub for key undersea structures
Nov 30, 2022 (AFP)
"We are in the process of asking the NATO Secretary General to set up a coordination office for the protection of underwater infrastructure," German Chancellor ...
Iraqi PM says fraction of stolen $2.5 bln retrieved
Nov 27, 2022 (AFP)
Mohammed Shia al-Sudani said a wealthy businessman implicated in the theft from tax authorities had given back $125 million out of more than $1 billion that he ...
Researchers create green fuel with the flip of a light switch
Nov 25, 2022 (SPX)
The researchers used experiments and advanced computation to develop a technique using nanotechnology to split hydrogen from liquid ammonia, a process that unti...
Rice lab's catalyst could be key for hydrogen economy
Nov 25, 2022 (SPX)
The research follows government and industry investment to create infrastructure and markets for carbon-free liquid ammonia fuel that will not contribute to gre...
Saudi to host China-Arab summit in early December: consul
Nov 24, 2022 (AFP)
Chinese President Xi Jinping is expected to visit Saudi Arabia that same month, according to Riyadh's foreign minister, but the consul statement did not specify...
Gas-flush Algeria to ramp up defence spend in 2023
Nov 22, 2022 (AFP)
The surge in spending comes as Africa's top natural gas producer has seen its revenues buoyed by elevated hydrocarbon prices over the past year. It also comes a...
Qatar signs world's 'longest' gas supply deal with China
Nov 21, 2022 (AFP)
The state energy company will send four million tonnes of liquefied natural gas annually from its new North Field East project to China Petroleum and Chemical C...
Oil prices plunge over 5% on weaker China demand fears
Nov 21, 2022 (AFP)
Brent North Sea crude slumped 5.5 percent to $82.84 per barrel and WTI shed 5.7 percent to $75.55 as China's first coronavirus death in six months triggered fea...
US building MidEast defence systems to deter 'threats': official
Nov 20, 2022 (AFP)
Brett McGurk, the National Security Council coordinator for the Middle East and North Africa, told the annual Manama Dialogue conference in Bahrain that his cou...
At least 11 killed in northern Iraq gas tank explosion
Nov 18, 2022 (AFP)
The blast in Sulaimaniyah occurred Thursday evening and left at least 11 dead and 13 injured, the city's emergency response chief Saman Nader told AFP. He blame...
Sentinel-5P data used in new methane detection system
Nov 17, 2022 (ESA)
The Sentinel-5P satellite, the first Copernicus mission dedicated to monitoring our atmosphere, will be crucial in implementing this ambitious initiative. Metha...
Turkey becomes new route for Russian oil to EU: think tank
Nov 16, 2022 (AFP)
Russia collected an estimated 21 billion euros ($21.7 billion) in fossil fuel exports last month, a seven percent drop from September, according to the Finland-...
Cuban leader on energy quest to Russia, China, Turkey, Algeria
Nov 16, 2022 (AFP)
The president said on Twitter the tour was designed to address "essential issues for our country, fundamentally related to the electric power sector." Cuba, alr...
GKN Aerospace achieves major milestone delivering its first ground-based liquid hydrogen fuel system demonstrator
Nov 16, 2022 (SPX)
The project enabled GKN to understand and address many of the safety concerns raised by the introduction of such a novel fuel. Integrated fuel tank design and d...
Alliance to phase out hydrocarbons struggles to attract members
Nov 16, 2022 (AFP)
Led by Denmark and Costa Rica, the Beyond Oil and Gas Alliance (BOGA) counts France and Greenland among its eight core members, but no large fossil fuel produci...
Western thirst for African gas raises alarm at COP27
Nov 14, 2022 (AFP)
European countries have been scrambling for alternative sources of gas after the continent's former top supplier, Russia, slashed exports in apparent retaliatio...
Fort McKay: where Canada's boreal forest gave way to oil sands
Nov 14, 2022 (AFP)
At Fort McKay near Fort McMurray in western Canada, in the heart of the country's boreal forest, the pines and the people were long ago cleared out to make way ...
WVU researchers look to low-tech organic materials for high-tech clean hydrogen fuel production
Nov 14, 2022 (SPX)
GE Plastics Material Engineering Professor Debangsu Bhattacharyya is spearheading research that creates hydrogen energy from biomass feedstocks with the support...
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