OIL

10,863 articles

Fossil fuels causing cost-of-living crisis: climate expert
Aug 30, 2022 (AFP)
Johan Rockstrom, director of the Potsdam Institute for Climate Impact Research and co-author of the new book Earth For All, said that spiralling inflation was i...
Turkey accuses Greece of 'hostile action' against jets
Aug 28, 2022 (AFP)
The incident took place on August 23 when Greece's S-300 missile system on the island of Crete put a lock on Turkish F-16 jets flying at 10,000 feet west of Rho...
In risky recycling venture, Gazans burn plastic for fuel
Aug 26, 2022 (AFP)
It's an economic and practical solution in a territory blockaded by Israel for 15 years, but one which poses serious environmental and health risks, experts say...
Pipeline operator to pay $13m over California coast leak
Aug 26, 2022 (AFP)
Amplify Energy, a Texas company operating the pipeline off Huntington Beach, and two of its subsidiaries -- Beta Operating Co. and San Pedro Bay Pipeline Co. --...
TotalEnergies to sell stake in war-linked Russian gas field
Aug 26, 2022 (AFP)
The company said that it had signed a deal on Friday with its local Russian partner Novatek to sell its 49 percent in the Termokarstovoye gas field "on economic...
Whistle blows in Germany for world's first hydrogen train fleet
Aug 24, 2022 (AFP)
A fleet of 14 trains provided by French industrial giant Alstom to the German state Lower Saxony has replaced diesel locomotives on the 100 kilometres (60 miles...
Peru court to hear damages case against Repsol over spill
Aug 24, 2022 (AFP)
Almost 12,000 barrels of crude spilled into the sea off Peru on January 15 as a tanker unloaded oil at a Repsol-owned refinery. Peru said at least 5,000 fisherm...
China cements influence in Iraq through oil, infrastructure deals
Aug 22, 2022 (AFP)
After decades of conflict, Iraq is "badly in need of foreign investment, and specifically investment in energy sector infrastructure", said John Calabrese of th...
DR Congo anti-fuel campaigners face post-auction 'threats'
Aug 22, 2022 (AFP)
In a statement, eight environmental groups, including Greenpeace, the Rainforest Foundation and the Network for the Conservation and Restoration of Forest Ecosy...
New photocatalyst boosts water splitting efficiency for clean hydrogen production
Aug 19, 2022 (SPX)
One of the simplest ways by which water molecules can be split into hydrogen is by using photocatalysts. These materials, which are semiconductors that can abso...
Oil prices fall but inflation stays high
Aug 18, 2022 (AFP)
Crude prices soared to $140 per barrel in early March after Moscow invaded Ukraine, raising fears that Western sanctions would drastically cut supplies from Rus...
Oil majors' climate visions 'inconsistent' with Paris targets
Aug 16, 2022 (AFP)
The landmark 2015 accord saw nations commit to limit planetary heating to "well below" two degrees Celsius (3.6 Farenheit) above pre-industrial levels and to wo...
Net zero, Russia war driving nascent hydrogen economy
Aug 16, 2022 (AFP)
Green hydrogen is in sharp focus as governments seek to slash carbon emissions amid record-high temperatures and to safeguard energy supplies hit by the invasio...
In Norway, old oil platforms get a second life
Aug 10, 2022 (AFP)
Three gigantic disused platforms stand on the docks on the island municipality of Stord where they are being taken apart bit by bit -- as much as 98 percent of ...
Iraq launches Mosul airport reconstruction
Aug 10, 2022 (AFP)
Entire sectors of the northern metropolis have remained in ruins since the July 2017 recapture of Mosul by Iraqi forces backed by a US-led multinational coaliti...
Scholz opens door to extend nuclear as Russia squeezes gas supply
Aug 03, 2022 (AFP)
The continent's biggest economy has been scrambling for energy sources to fill a gap left by a reduction in gas supplies from Moscow. Standing next to the turbi...
BP profit triples to $9.3 bn on soaring energy prices
Aug 02, 2022 (AFP)
Net profit hit $9.3 billion in the three months to June -- a threefold increase from the same period last year, the company said in a results statement. And it ...
Iran slams 'destructive' US sanctions targeting oil trade
Aug 02, 2022 (AFP)
US President Joe Biden's administration "is not stopping this unproductive and destructive action even at a time when efforts are underway to resume negotiation...
US envoy hopeful on Lebanon-Israel sea border talks
Aug 01, 2022 (AFP)
The dispute escalated in early June after Israel moved a production vessel near the Karish offshore field, which is partly claimed by neighbour Lebanon. This pr...
US sanctions target Iran petrochemical sales to
Aug 01, 2022 (AFP)
Three Hong Kong-based trading companies and one United Arab Emirates firm were hit with US Treasury sanctions for helping Iran's Persian Gulf Petrochemical Indu...
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