News About Oil And Gas
July 28, 2025
US Treasury chief says China talks could cover Iran, Russia oil buys

Washington (AFP) July 21, 2025
The next round of US-China talks could include Chinese purchases of Russian and Iranian oil, US Treasury Secretary Scott Bessent said Monday, a move that would shift the focus of trade negotiations into national security issues. US President Donald Trump has imposed fresh tariffs on allies and competitors alike this year, and Washington and Beijing in April rapidly hiked duties on each other's goods in a tit-for-tat escalation. But after high level talks in Geneva and London, the world's two big ... read more
Top court takes aim at fossil fuels in sweeping ruling
Paris (AFP) July 24, 2025
An historic climate ruling by the world's highest court could make it legally riskier for fossil fuel companies to do business and embolden lawsuits against oil and gas expansion, experts say. ... more
U.N. report cites 'flagrant' violations by Russia and North Korea
Washington DC (UPI) Jul 17, 2025
Russian and North Korean officials violated U.N. resolutions regarding arms, troops and refined petroleum shipments throughout 2024 and beyond, a U.N. report says. ... more
Baghdad and Arbil agree to resume Kurdish oil exports: government
Baghdad (AFP) July 17, 2025
The Iraqi government announced Thursday an agreement to resume crude exports from the autonomous Kurdistan region after a more than two-year halt and amid drone attacks on oil fields. ... more
Drone hits oil field in Iraq's Kurdistan for second day
Arbil, Iraq (AFP) July 17, 2025
A drone loaded with explosives struck an oil field in Iraq's northern Kurdistan region on Thursday, Kurdish forces said - the second attack in two days on the Norwegian-operated site. ... more
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New drone attacks hit three oil fields in northern Iraq: Kurdish forces
Arbil, Iraq (AFP) July 16, 2025
Explosive-laden drones hit three oil fields in Iraq's northern autonomous Kurdistan region early Wednesday, Kurdish forces said, a day after a similar attack shut operations at a US-run field. ... more
Drone attacks hit three north Iraq oil fields: Kurds
Arbil, Iraq (AFP) July 16, 2025
Explosive-laden drones hit three oil fields in Iraq's autonomous Kurdistan region on Wednesday, Kurdish authorities said, a day after a similar attack halted operations at a US-run field. ... more
Drone attack shuts US-run oil field in Iraqi Kurdistan
Arbil, Iraq (AFP) July 15, 2025
A drone strike on Tuesday forced a US company to suspend operations at an oil field in Iraq's Kurdistan, the latest in a string of attacks targeting the autonomous region's energy facilities. ... more
OPEC says no peak to oil demand before 2050
Paris (AFP) July 10, 2025
The OPEC oil cartel said Thursday that demand for crude will continue to expand through at least 2050, calling efforts to rapidly shift away from fossil fuels an unworkable fantasy. ... more
US senator warns of fossil fuel coup, economic reckoning
Washington (AFP) July 9, 2025
One of the US Senate's leading climate advocates says President Donald Trump's administration no longer governs - it "occupies" the nation on behalf of Big Oil. ... more
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Pioneering membrane-free electrolysis to unlock industrial scale green hydrogen
Paris, France (SPX) Jul 08, 2025
A recent review in Nature Reviews Clean Technology outlines, for the first time, a scalable roadmap for decoupled water electrolysis (DWE) technologies aimed at producing green hydrogen at industria ... more
OPEC+ to boost crude oil production in August
Washington DC (UPI) Jul 5, 2025
Eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in August. ... more
Ecuador suspends oil exports after pipeline shutdown
Quito (AFP) July 4, 2025
Ecuador has suspended its oil exports after shutting down its two main pipelines due to damage from torrential rains in the Amazon region, the chief of state oil company Petroecuador said Thursday. ... more
Drilling for water in Venezuela's parched oil town
Maracaibo, Venezuela (AFP) June 28, 2025
In Venezuela's oil capital of Maracaibo, a drilling frenzy has led to dozens of new wells - but the valuable liquid being pumped out is just water, not petroleum. ... more
Trump says China can continue to buy Iranian oil
Aboard Air Force One (AFP) June 24, 2025
China can continue to buy Iranian oil, US President Donald Trump said Tuesday in what appeared to be relief for Tehran from sanctions Washington has previously imposed to punish the trade. ... more
Blackout at refinery highlights Venezuela's oil industry crisis

Washington DC (UPI) Jun 25, 2025
The Cardon refinery, Venezuela's second-largest with a capacity of 310,000 barrels per day, shut down after a power outage halted all operations. State oil company PDVSA tried to resolve the issue by transferring equipment from the nearby Amuay refinery. ... read more
Britain, U.S. warn Iran against Strait of Hormuz blockade
Washington DC (UPI) Jun 23, 2025
Britain cautioned Iran Monday that attempts to block the Strait of Hormuz or to strike at American military facilities in the Middle East could lead to escalation, even as Israel continued its strikes on Iran. ... more

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US urges China to keep Iran from shutting key trade route
Washington (AFP) June 23, 2025
US Secretary of State Marco Rubio urged China Sunday to help deter Iran from shutting down the Strait of Hormuz, a crucial trade route, following American strikes on Iranian nuclear sites. ... more
Asian countries most vulnerable to Strait of Hormuz blockade
Tokyo (AFP) June 23, 2025
Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites. ... more
Nigerian monarch wants $12 bn for clean-up before Shell exit
Lagos (AFP) June 20, 2025
An influential traditional chief in Nigeria's oil-rich Niger Delta on Friday demanded that Shell pay $12 billion for environmental pollution before it leaves the region. ... more
Greenpeace warns of 'potential disaster' after oil spill off UAE
Beirut, Lebanon (AFP) June 19, 2025
Greenpeace on Thursday warned that an oil spill resulting from a tanker collision off the coast of the United Arab Emirates could have grave environmental consequences, after authorities reported a "small" slick. ... more
Brazil sells rights to oil blocks near Amazon river mouth
Rio De Janeiro, Brazil (AFP) June 17, 2025
Brazil sold extraction rights to 19 oil and gas blocks near the mouth of the Amazon river Tuesday, at an auction slammed by environmentalists months before the country is to host a UN climate summit. ... more
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