OIL

10,863 articles

Clean hydrogen in minutes with microwave energy innovations
Jan 22, 2025 (SPX)
Clean hydrogen, recognized for its zero carbon emissions, is increasingly vital as the global energy landscape shifts from fossil fuels. However, current hydrog...
Oil spill unchecked in Nigeria's delta region: activists
Jan 21, 2025 (AFP)
The Environmental Defenders Network said the spill at Buguma wellhead 008 began early in January and both were still underway as of Monday evening. "An oil spil...
Nord Stream methane release highlights scale of emissions
Jan 16, 2025 (SPX)
The campaign, carried out in early October 2022, identified the large-scale release of methane initially dissolved in seawater near the leaks. Measurements take...
Sri Lanka signs landmark $3.7 bn deal with Chinese state oil giant
Jan 16, 2025 (AFP)
Sinopec has agreed to invest $3.7 billion to construct a "state-of-the-art oil refinery" with a capacity of 200,000 barrels in the southern Hambantota region, a...
BP nears deals for oil fields, curbs on gas flaring in Iraq
Jan 15, 2025 (AFP)
The mega-project in northern Iraq will include plans to recover flared gas to boost the country's electricity production, they said. Gas flaring refers to the p...
Green hydrogen faces critical challenges in bridging ambition and reality
Jan 15, 2025 (SPX)
Falko Ueckerdt from PIK elaborates, "Enormous additional subsidies of around one trillion US dollars would be required to realise all announced hydrogen project...
Methane leaks from Nord Stream pipeline blasts revised up: studies
Jan 15, 2025 (AFP)
Scientists estimate the rupture of the major pipeline for transporting Russian gas to Europe released approximately 465,000 tonnes of methane into the atmospher...
Wealthy nations fail to agree curbs on fossil fuel finance
Jan 14, 2025 (AFP)
Britain, Canada and the European Union supported plans to restrict support from export credit agencies to the oil and gas industry, but it was opposed by the Un...
Shipping emissions mandate led to spike in global temperatures
Jan 14, 2025 (SPX)
"Climate scientists were saying this is essentially impossible, that it is bonkers to see such a jump all at once," said Daniele Visioni, assistant professor in...
Iraq and UK reach mega-infrastructure deals in reset of ties
Jan 14, 2025 (AFP)
The Iraqi leader's trip to London, during which he also met King Charles III, focused on security, migration and infrastructure, with the two leaders agreeing a...
UK-Iraq London talks to mark 'new era'
Jan 13, 2025 (AFP)
The Iraqi prime minister's visit to London, during which he will also meet King Charles III, comes more than 20 years after Britain took part in the US-led inva...
Xi's special envoy attends Maduro inauguration: Xinhua
Jan 11, 2025 (AFP)
A defiant Maduro was sworn in for a new presidential term Friday in a ceremony decried as illegitimate by the opposition and internationally, with Washington of...
Kazakhstan fines oil giants over $6 mn for pollution
Jan 10, 2025 (AFP)
The Central Asian country has stepped up fines on environmental violators in recent years, as it seeks to placate concerns about pollution while also exploiting...
Norwegian gas production hits record high in 2024
Jan 09, 2025 (AFP)
In 2024, the Scandinavian country produced 124 billion cubic metres of gas, almost all of which was exported to Europe, beating the previous record of 122.8 bil...
Biden issues major coastal protection before Trump handover
Jan 06, 2025 (AFP)
The ban encompasses the entire Atlantic coast and eastern Gulf of Mexico, as well as the Pacific coast off California, Oregon and Washington, and a section of t...
Oil spill from Russian tankers spreads
Jan 02, 2025 (AFP)
Two ageing Russian tankers -- the Volgoneft-212 and the Volgoneft-239 -- were hit last month by a storm in the Kerch Strait, which links the Azov and Black Seas...
Ukraine halts transport of Russian gas through its territory
Jan 01, 2025 (UPI)
Ukraine's Ministry of Energy announced that it stopped the transport of Russian gas at 7 a.m. local time. "We stopped the transit of Russian gas, this is a hist...
Ukrainian drone attack causes oil depot fire: Russian governor
Dec 31, 2024 (AFP)
Vasily Anokhin, the governor of Smolensk region -- which borders Ukraine -- said that Russian air defence systems had "suppressed an attack by Ukrainian" drones...
Oil leak in Peru tourist zone triggers 'environmental emergency'
Dec 26, 2024 (AFP)
According to state-owned energy company Petroperu, the cleaning of half a dozen beaches in Talara province has almost finished and work was planned to mitigate ...
Iraq says to eliminate pollutant gas flaring by end of 2027
Dec 23, 2024 (AFP)
Gas flaring during the production or processing of crude is intended to convert excess methane to carbon dioxide, but the process is often incomplete, resulting...
The content herein, unless otherwise known to be public domain, is Copyright 1995-2026 Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principles for news reporting and research purposes.