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Iraq signs mega-energy deal with Chinese oil firm
Baghdad (AFP) May 21, 2025 Iraq signed a major energy deal Wednesday with a Chinese petrol company in the southern province of Basra, aiming to boost oil production and build a refinery and electricity plants. China has gained a major foothold in oil-rich Iraq in recent years, becoming a major player across various sectors and now one of the largest importers of Iraqi crude. Iraq's Oil Minister Hayan Abdel Ghani announced in a statement the signing of the mega-project with a consortium comprising of Geo-Jade Petroleum and ... read more |
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UAE-Morocco consortium sign $14 billion worth of energy, water dealsRabat (AFP) May 19, 2025 Morocco on Monday signed deals with an Emirati-Moroccan consortium for energy and water infrastructure projects, which according to one of the companies involved were worth more than $14 billion. ... more 
Efficient Green Hydrogen Production from UrineSydney, Australia (SPX) May 12, 2025 Researchers at the University of Adelaide, in collaboration with the Australian Research Council Centre of Excellence for Carbon Science and Innovation (COE-CSI), have developed two innovative urea- ... more 
'Leave our marshes alone': Iraqis fear oil drilling would destroy fabled wetlandsHuwaizah Marshes, Iraq (AFP) May 19, 2025 Plans to drill for oil in the protected Mesopotamian Marshes of southern Iraq have galvanised villagers and activists determined to save the mythical wetlands already battered by years of drought. ... more 
Indonesia inaugurates $600m oil and gas projectsJakarta (AFP) May 16, 2025 Indonesian President Prabowo Subianto inaugurated two offshore oil and gas projects on Friday, hailing them as a milestone to reaching energy self-sufficiency. ... more |
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Scottish refinery closure spells trouble for green transitionGrangemouth, United Kingdom (AFP) May 11, 2025 Andrew Petersen is a third-generation oil refinery worker from a small, industrial Scottish town. ... more 
Britain to sanction Russian shadow fleet of 100 tankersWashington DC (UPI) May 8, 2025 Britain will sanction a Russian shadow fleet of up to 100 tankers on Friday, as European leaders gather in Oslo for a military meeting where they will seek to exert extra pressure on Moscow's economy to further empty its war chest. ... more 
US again targets Iran oil despite talksWashington (AFP) May 8, 2025 The United States on Thursday imposed sanctions on a Chinese refinery of Iranian oil, its latest pressure against Tehran despite ongoing talks on a nuclear deal. ... more 
Trump announces informal cease-fire with HouthisWashington DC (UPI) May 6, 2025 The Yemen-based Houthis have "capitulated" and stopped attacking commercial and military shipping, President Donald Trump announced after meeting with Canadian Prime Minister Mark Carney on Tuesday. ... more 
World energy methane emissions near record high in 2024: IEAParis (AFP) May 7, 2025 Record fossil fuel production kept planet-heating methane emissions near historic highs last year, the International Energy Agency said Wednesday, warning of a surge in massive leaks from oil and gas facilities. ... more |
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EU proposes ending all Russian gas imports by 2027
Strasbourg, France (AFP) May 6, 2025 The EU on Tuesday unveiled a long-promised plan to phase out its remaining gas imports from Russia by the end of 2027, breaking a dependency it has struggled to end despite Moscow's war on Ukraine. The European Commission's two-step plan would put an end to new contracts and existing short-term spot contracts with Russian suppliers by the end of 2025, and all remaining imports would be banned by the end of 2027. "It is now time for Europe to completely cut off its energy ties with an unreliable ... read more 
'Bombshell' OPEC+ output hike hits oil priceHong Kong (AFP) May 5, 2025 Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed. ... more |
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Shell net profit sinks 35% in first-quarter as oil prices fallLondon (AFP) May 2, 2025 British energy giant Shell on Friday reported a sharp drop in first-quarter net profit as it was hit by weaker oil prices but pushed ahead with shareholder returns. ... more 
Moss method revives Canadian oil well sites into carbon-storing peatlandsLos Angeles CA (SPX) May 01, 2025 In a breakthrough for ecological restoration, researchers have developed a scalable technique to transform former oil and gas exploration sites in western Canada back into carbon-rich peatlands. The ... more
US imposes sanctions to curb Iran oil despite talksWashington (AFP) April 30, 2025 The United States said Wednesday it was imposing sanctions on seven companies involved in selling Iranian oil, tightening pressure despite new nuclear talks between the adversaries. ... more 
U.S. sanctions vessels, firms providing Houthis with supportWashington DC (UPI) Apr 29, 2025 The United States has sanctioned three vessels and their firms on accusations of providing support to the Houthi rebels of Yemen. ... more
Just Stop Oil activist group holds final marchLondon (AFP) April 26, 2025 British environmental activist group Just Stop Oil held its final demonstration in London on Saturday, ending three years of high-profile climate protest stunts as they moved their focus away from civil disobedience. ... more |
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