OIL

10,863 articles

China's Huawei sees first-half net profit drop 36%
Aug 31, 2026 (AFP)
Huawei's net profit from January to June was 23.8 billion yuan ($3.54 billion) -- down from the 37.2 billion yuan it saw during the same period in 2025, accordi...
Iran says seized cargo ship over Hormuz pollution
Aug 31, 2026 (AFP)
"Following the publication of images of the discharge of oil into the sea... expert and clean-up teams were dispatched to the site and seized the ship causing t...
Tanker pays record $5.3 mn to transit Panama Canal: administrator
Aug 28, 2026 (AFP)
South Korean company SK Gas paid the record sum for the G. Spirit to transit the shipping lane on September 1, two days before canal authorities reduce the numb...
Japan to support alternative Mideast oil pipelines: media
Aug 26, 2026 (AFP)
Before the conflict began in February, the world's fourth-biggest economy was heavily reliant on oil imports passing through the now-strangled Strait of Hormuz....
Singapore, New Zealand sign deal on fuel, food security
May 04, 2026 (AFP)
New Zealand imports about a third of its refined fuel from Singapore, including diesel, which is vital for its farming industry. Singapore, in turn, relies on N...
Energy sector methane emissions linger near record highs: IEA
May 04, 2026 (AFP)
Tackling the emissions could make billions of cubic metres of gas available to international markets, a top priority as the war in the Middle East squeezes ener...
Tanker hit by 'unknown projectiles' off UAE coast: UK maritime agency
May 04, 2026 (AFP)
"A tanker has reported being hit by unknown projectiles," the United Kingdom Maritime Trade Operations (UKMTO) said, adding that all crew members were safe. The...
Pakistan facilitates return of Iranian crew from US-seized ship
May 04, 2026 (AFP)
The sailors, who had been held aboard the container ship Touska, were flown into Islamabad late Sunday and were due to be handed over to Iranian authorities, ac...
Trump calls Iran talks 'very positive,' US to 'guide' ships through Hormuz
May 03, 2026 (AFP)
Earlier, a spokesman for Iran's foreign ministry, Esmaeil Baqaei, told state television that Tehran had submitted a 14-point plan "focused on ending the war," a...
China rejects US sanctions on refineris over Iran oil links
May 02, 2026 (AFP)
China is a key customer for Iranian oil, mainly through independent "teapot" refineries that rely on discounted crude from the Islamic republic. The United Stat...
'Trump is an idiot': Californians fume over soaring petrol prices
May 02, 2026 (AFP)
"I'm mad about the price, but I'm even madder about why it's so high," the 28-year-old told AFP. This week, pump prices in the United States climbed to their hi...
Nations urged to 'go further' as fossil fuel exit talks wrap in Colombia
Apr 30, 2026 (AFP)
Ministers and envoys gathered in the coal port of Santa Marta in the hope of speeding the shift away from planet-heating fossil fuels and breaking a stalemate a...
Waste Glycerol Powers New Electrochemical Route to Green Hydrogen and Formate
Apr 24, 2026 (SPX)
The system employs an anion exchange membrane water electrolysis (AEMWE) architecture in which glycerol undergoes oxidative conversion at the anode via the glyc...
Eco friendly quantum dots reach record solar hydrogen output
Mar 11, 2026 (SPX)
Quantum dots are nanoscale semiconductor crystals with strong optical and electrical properties that make them attractive for displays, optical sensing and sola...
Ships brandish China-links to weave through Strait of Hormuz; France, allies preparing bid to 'gradually' reopen chokepoint
Mar 09, 2026 (AFP)
Iran has effectively closed the vital waterway since US-Israeli strikes on it began on February 28, and at least 10 vessels have been attacked since. But by cla...
Iran war sends crude prices soaring as Khamenei son takes charge
Mar 09, 2026 (AFP)
On the first day in power for Khamanei, the 56-year-old son of slain leader Ali Khamenei, Iranian troops mustered another wave of missile and drone attacks on S...
Trump's limited options to curb Iran war oil price surge
Mar 09, 2026 (AFP)
Trump has insisted it will be only a "short-term" issue that will end when the war ends, yet soaring gas prices are already hitting voters ahead of US midterm e...
Trump defends Iran war decision as oil soars above $100
Mar 09, 2026 (AFP)
Both crude oil benchmarks, the West Texas Intermediate (WTI) and Brent, jumped by over 15 percent as markets opened Sunday evening, touching levels not seen sin...
Bangladesh rations fuel as Mideast war deepens energy crunch
Mar 08, 2026 (AFP)
The country of 170 million people imports 95 percent of its oil and gas needs. Following the US and Israeli attacks on Iran, and Tehran's retaliatory strikes th...
10 vessels attacked in Hormuz Strait: analysts
Mar 08, 2026 (AFP)
The attacks throughout the week following the outbreak of war on February 28 almost completely halted traffic through the strait, a crucial route for oil and ot...
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