OIL

10,863 articles

Shell unveils green strategy after oil output peak
Feb 11, 2021 (AFP)
Shell said in a statement that it will invest up to $6.0 billion (4.9 billion euros) per year in green energy projects developing and promoting biofuels, electr...
Djibouti lures foreign powers with strategic position
Feb 10, 2021 (AFP)
Down at Djibouti's port, workers are busy preparing for the arrival of the French Navy's flagship, the aircraft carrier Charles de Gaulle, which is due to stop ...
Brent breaks $60 a barrel on oil demand recovery hopes
Feb 08, 2021 (AFP)
The commodity climbed 1.26 percent to $60.19 a barrel -- its highest since January last year -- as asset markets rallied on the back of vaccine rollouts, slowin...
US forces not protecting Syrian oil fields: Pentagon
Feb 08, 2021 (AFP)
Since a US firm contracted last year with the Kurds in northern Syria to help exploit northeastern Syria oil reserves, US troops are not involved, said Pentagon...
Russian mining giant handed $2bn fine over fuel spill
Feb 05, 2021 (AFP)
Russia frequently experiences environmental disasters that are often caused by ageing infrastructure but the oil spill near the city of Norilsk in May last year...
U.S., Saudi, British navies wrap trilateral exercise in Arabian Gulf
Feb 04, 2021 (UPI)
The Navy describes Nautical Defender 21 as a "capstone in a series of multinational maritime security exercises designed to broaden levels of cooperation, suppo...
Yemen rebels 'ready' for UN mission to repair tanker, deny delay
Feb 03, 2021 (AFP)
The 45-year-old fuel vessel, abandoned near the western port of Hodeida since 2015, has 1.1 million barrels of crude on board, and a rupture or explosion would ...
Exxon Mobil reports huge 2020 loss as changes draw mixed reviews
Feb 02, 2021 (AFP)
Exxon Mobil, which has been criticized over the last year for both its financial performance and its approach to renewable energy investment, suffered a 2020 lo...
Hydrogen to cut Swedish national GHG-emissions by 30 per cent
Feb 01, 2021 (SPX)
As the world is waking up to the possibilities of fossil-free hydrogen, the innovative Swedish industry is ready to take a leading position. Now the Government ...
New catalyst moves seawater desalination, hydrogen production closer to commercialization
Jan 29, 2021 (SPX)
But existing methods require multiple steps performed at high temperatures over a lengthy period of time in order to produce a catalyst with the needed efficien...
Sumitomo makes strategic investment in hydrogen fuel provider OneH2
Jan 28, 2021 (SPX)
OneH2 is a hydrogen production and distribution company providing fuel primarily for forklifts nationwide. The company delivers hydrogen fuel that is ready for ...
GKN Aerospace leads development of ground-breaking hydrogen propulsion system for aircraft
Jan 28, 2021 (SPX)
H2GEAR puts GKN Aerospace at the heart of the technology developments needed for the future of more sustainable aviation. The technology will first focus on sig...
Solar hydrogen: Photoanodes made of alpha-SnWO4 promise high efficiencies
Jan 27, 2021 (SPX)
One solution to produce hydrogen in a climate-neutral way is the electrochemical splitting of water with the help of sunlight. This requires photoelectrodes tha...
SpaceX engaged in legal battle with oil company for land to drill for gas
Jan 27, 2021 (Sputnik)
SpaceX is locked in a legal battle with Dallas Petroleum Group, which claims ownership of some inactive wells sitting on the same 806-acre (326-hectare) piece o...
US, UAE engage in weeklong training exercise
Jan 26, 2021 (UPI)
The Pentagon reports that service members from the AE Presidential Guard and U.S. Marine Corps' Special Purpose Marine Air-Ground Task Force Crisis Response par...
Hamburg power plant to be converted into mega-electrolyser for green hydrogen
Jan 25, 2021 (SPX)
The Hamburg metropolitan region thus continues to position itself to take a leading position in the European green hydrogen economy - and, according to the OECD...
Trudeau says will keep pushing Biden to save Keystone pipeline
Jan 19, 2021 (AFP)
Upon taking office Wednesday, Biden is expected to quickly rescind a permit for the pipeline via executive order, effectively blocking completion of the project...
Biden's rejection of pipeline throws 'wrench' in Canada, US ties
Jan 19, 2021 (AFP)
"It's not a great way to start a relationship," pollster and former political strategist Tim Powers told AFP. "Given that the Canadian government has said it is...
Researchers trace geologic origins of Gulf of Mexico 'super basin' success
Jan 19, 2021 (SPX)
The energy super basin's longevity, whose giant offshore fields have reliably supplied consumers with oil and gas since the 1960s, is the result of a remarkable...
Giving the hydrogen economy an acid test
Jan 19, 2021 (SPX)
The dream of hydrogen-powered cars has excited many people as a solution for the huge amount of carbon dioxide fossil-fuel burning vehicles emit into the atmosp...
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