OIL

10,863 articles

Iraqis queue for petrol in Mosul amid shortages
Feb 18, 2022 (AFP)
For the past week, long lines have formed at petrol stations in Mosul and the rest of Nineveh province, AFP journalists reported. Soldiers were deployed in some...
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...
Making Hydrogen fuel anywhere: ONR tests prototype to power Marines in expeditionary environments
Feb 17, 2022 (SPX)
While these warfighters employ sophisticated, technologically superior equipment and weaponry in the field, such tools need large amounts of fuel and energy to ...
Kuwait's interior and defence ministers resign
Feb 17, 2022 (AFP)
A royal decree said the resignations of the two ministers, both members of the royal ruling family, had been accepted. Interior Minister Sheikh Ahmed Mansour al...
Abandoned oil tanker off Yemen: a disaster waiting to happen
Feb 16, 2022 (AFP)
On Tuesday the United Nations said it had reached an "agreement in principle" with Yemeni rebels to pump out the volatile cargo from the FSO Safer vessel and tr...
Iraq Kurds reject court order to cede control of oil exports
Feb 16, 2022 (AFP)
Tuesday's judgement by the federal supreme court was the latest salvo in a years-old battle for control of the region's oil earnings. "This decision by the fede...
Agreement reached on transfer of oil from abandoned tanker off Yemen: UN
Feb 15, 2022 (AFP)
Experts warn of the risk of a major environmental disaster posed by the 45-year-old FSO Safer, moored since 2015 off Yemen's western port of Hodeida. An oil spi...
Iraq top court orders Kurdistan to ship all oil to Baghdad
Feb 15, 2022 (AFP)
A ruling by the federal Supreme Court stipulates that the Kurdistan Regional Government deliver "the entire production of oil fields in Kurdistan" to the federa...
Banks heavily finance oil firms despite climate goals: study
Feb 14, 2022 (AFP)
A total 25 lenders, led by HSBC, Barclays and BNP Paribas, last year provided fossil fuel groups with a total of $55 billion (48.5 billion euros), ShareAction s...
Oil majors face backlash as era of big profits returns
Feb 13, 2022 (AFP)
US firm ExxonMobil, France's TotalEnergies, and UK giants Shell and BP announced in the past week 2021 profits totalling a whopping $66.7 billion. It marked a h...
Iraq $1.6 bn in arrears on Iran gas payments: minister
Feb 10, 2022 (AFP)
Despite its immense oil and gas reserves, Iraq remains dependent on imports to meet its energy needs, and neighbouring Iran currently supplies a third of its ga...
US envoy Kerry presses Mexico on climate, energy
Feb 10, 2022 (AFP)
Washington has stepped up pressure on Mexico over President Andres Manuel Lopez Obrador's push to boost the state's role in the energy industry -- moves critics...
Armenia says dismantles foreign spy network
Feb 10, 2022 (AFP)
One of those arrested said in footage released by the secret service that he had allegedly spied for Azerbaijan, with whom Armenia's long-simmering conflict ove...
Shaken by fracking quakes, Texas is forced to act
Feb 09, 2022 (AFP)
"Then another tremor comes a second later, like a truck passing nearby," said the 44-year-old, who did not wish to disclose his last name. Echoing his words, th...
Japan offers gas to Europe over Ukraine fears
Feb 09, 2022 (AFP)
Multiple gas shipments are already being diverted to Europe by private Japanese firms and will arrive this month, Koichi Hagiuda said, declining to give details...
New in situ coring and testing system for deep mining makes living samples a reality
Feb 09, 2022 (SPX)
For example, engineers extracting rock samples to evaluate deep resources are currently unable to preserve the in situ environmental conditions, resulting in th...
BP swings into profit, accelerates carbon reduction
Feb 08, 2022 (AFP)
BP posted a net profit of $7.6 billion (6.7 billion euros) last year, compared with a loss after tax of $20.3 billion in 2020, the company said in a statement. ...
'Denial and delay': Big Oil rebuked in US Congress
Feb 08, 2022 (AFP)
American multinationals ExxonMobil and Chevron, as well as Britain's BP and Shell, are being investigated by the US Congress for their role in spreading misinfo...
UN praises 'positive' talks with Yemen sides on ageing oil tanker
Feb 06, 2022 (AFP)
Experts warn of the risk of a major environmental disaster posed by the 45-year-old FSO Safer, which lacks both power and a functioning fire fighting system whi...
First statistical characterisation of methane ultra-emitters from oil and gas
Feb 04, 2022 (SPX)
The study, based on Kayrros data, shows a direct relationship (power law) between ultra-emitters monitored and measured from space and smaller methane leaks det...
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