OIL

10,863 articles

Hydrogen planes not enough to green aviation: study
Jan 26, 2022 (AFP)
Automakers and planemakers alike have been looking at it as a means to reduce the climate impact of the transportation sector, although currently most productio...
New oil leak off Peru coast amid crude spill cleanup: Lima
Jan 26, 2022 (AFP)
The leak occurred Tuesday during work at the La Pampilla refinery, owned by Spanish company Repsol, the environment ministry said. It occurred during "work bein...
New neutron-based method helps keep underwater pipelines open
Jan 22, 2022 (SPX)
Oil and gas pipelines are the arteries of our energy supply. As with the Nord Stream pipelines, they transport the sources of energy over long distances underwa...
Traditional fishermen in despair over Peru oil spill
Jan 21, 2022 (AFP)
Authorities called the spill, caused by an eruption on the other side of the Pacific near Tonga, the worst ecological disaster in Lima in recent times. Traditio...
'World first' hydrogen shipment set to leave Australia for Japan
Jan 21, 2022 (AFP)
The Suiso Frontier is docked near Melbourne and is being loaded with super-cooled hydrogen, a source of fuel that supporters hope could one day rival LNG. The s...
Venezuela: the decline of an oil giant in crisis
Jan 19, 2022 (AFP)
More than a century ago, the Maracaibo basin in northwestern Zulia state was the birthplace of a business that transformed the country into one of the world's 1...
Peru demands Spain's Repsol pay for oil spill damage
Jan 19, 2022 (AFP)
Authorities sealed off three beaches on Monday after 6,000 barrels of oil were spilled during the offloading of a tanker at the Pampilla refinery off the coast ...
Turkey restarts ruptured Iraq oil link
Jan 19, 2022 (AFP)
Tuesday's blast along the Kirkuk-Ceyhan link in southern Turkey contributed to a rise in international crude oil prices to a seven-year high. The pipeline norma...
New study shows novel crystal structure for hydrogen under high pressure
Jan 19, 2022 (SPX)
Elements in the periodic table can take up multiple forms. Carbon, for example, exists as diamond or graphite depending on the environmental conditions at the t...
Peru beaches suffer oil spill blamed on waves from Tonga volcanic eruption
Jan 18, 2022 (AFP)
The Pampilla Refinery, part of the Spanish company Repsol, said there had been a "limited spill" of oil off the coast of Callao and Ventanilla districts near Li...
Asian markets rise, Brent at highest since 2014 on recovery hope
Jan 18, 2022 (AFP)
After an almost uninterrupted rally from the dark early days of the pandemic, world markets are showing signs of levelling out as global finance chiefs shift fr...
Crude hits 7-year high on recovery hope but equity rally runs out
Jan 18, 2022 (AFP)
After an almost uninterrupted rally from the early days of the pandemic, world markets are showing signs of levelling out as global finance chiefs shift from ec...
Brent oil hits highest level in more than seven years
Jan 18, 2022 (AFP)
The contract hit $86.84 in Asian trade, a level not seen since late October 2014. Brent and West Texas Intermediate have climbed more than 10 percent so far thi...
ExxonMobil targets 'net zero' emissions at operations by 2050
Jan 18, 2022 (AFP)
The petroleum giant's promise covers "Scope 1" and "Scope 2" emissions, which account for carbon emissions from ExxonMobil operations, as well as emissions asso...
China, Iran begin implementation of sweeping strategic agreement
Jan 15, 2022 (AFP)
China and Iran signed the agreement last year after years of talks, with the wide-ranging partnership set to span areas including energy, security, infrastructu...
Load up the hydrogen but hold the carbon
Jan 14, 2022 (SPX)
Whether water is split with electricity or hydrogen is released from fossil fuels or other hydrocarbon sources, every step forward in making hydrogen is accompa...
Dutch climate activists target 29 firms after Shell win
Jan 13, 2022 (AFP)
The Milieudefensie activists gave companies including international bankers, retailers, manufacturers, as well as Amsterdam's Schiphol airport three months to c...
Gunmen in Iraq attack Sinopec cars, wound two Sudanese
Jan 12, 2022 (AFP)
The attack took place in Iraq's southeastern Maysan province in the district of Al-Majer al-Kabir. The two security guards were "wounded in a Kalashnikov attack...
Gulf ministers visit China amid energy fears
Jan 10, 2022 (AFP)
The officials from Saudi Arabia, Kuwait, Oman and Bahrain, as well as secretary general of the Gulf Cooperation Council (GCC) Nayef bin Falah al-Hajrah, will be...
Shell seismic exploration vessel retreats from S.Africa after court order
Jan 07, 2022 (AFP)
A High Court in the southern town of Makhanda last month ordered Shell to halt its seismic survey operations following a petition brought by environmentalists w...
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