OIL

10,863 articles

TotalEnergies plans to grow oil and gas production until 2030
Oct 03, 2024 (AFP)
CEO Patrick Pouyanne has a raft of ambitious projects aimed at propelling growth through the decade, not least a $10 billion offshore investment in Suriname tha...
No peak oil demand 'on the horizon', phaseout a 'fantasy': OPEC
Sep 24, 2024 (AFP)
The oil cartel's prediction runs counter to the assessment of the Paris-based International Energy Agency, which sees demand for fossil fuels peaking this decad...
California sues oil giant Exxon over plastic recycling 'myth'
Sep 23, 2024 (AFP)
In a lengthy lawsuit filed in San Francisco, the state's attorney general said the company had used "slick marketing" to deceive consumers into believing single...
Biden holds meeting with Emirati president, first UAE leader to visit US in decades
Sep 23, 2024 (UPI)
The two leaders discussed trade and the economy, technology and artificial intelligence, space, energy and climate action, according to Emirates News Agency. Sh...
Human remains found in SUV that triggered Texas gas pipeline fire
Sep 19, 2024 (UPI)
Deer Park Police said in a Thursday statement, "On September 19, 2024, at 7 a.m., the Deer Park Police Department was able to access the site and remove the whi...
Pennsylvania's fracking industry plans to continue, whoever wins White House
Sep 15, 2024 (AFP)
With an eye firmly on winning over voters in the gas-rich battleground state, both Republican candidate Donald Trump and his Democratic opponent Kamala Harris a...
2024 Global Methane Report shows significant growth in emissions
Sep 15, 2024 (SPX)
As the fourth report in this series and the third published as a living data collection in 'Earth System Science Data', the 2024 Global Methane Budget provides ...
Salvage operation for stricken Red Sea tanker underway: Greek defence source
Sep 14, 2024 (AFP)
The Greek-flagged Sounion is being towed northwards under military escort, the source said. The tanker was hit last month by Iran-backed Huthis off the coast of...
Support for Trump, questions for Harris in pro-fracking Pennsylvania
Sep 13, 2024 (AFP)
Hydraulic fracturing is a controversial but highly effective technique for unlocking fossil fuels deep underground. With Pennsylvania both rich in natural gas a...
The Hague to ban fossil fuel ads
Sep 13, 2024 (AFP)
The administrative city of over 500,000 residents late Thursday adopted groundbreaking local legislation to outlaw ads including for cheap last-minute holidays ...
Philippines recovers oil from sunken tanker, avoids disaster
Sep 12, 2024 (AFP)
The Philippine-flagged MT Terranova went down with 1.4 million litres of industrial fuel oil on July 25 in rough seas churned by Typhoon Gaemi, killing one crew...
Global oil demand growth slows as China slumps: IEA
Sep 12, 2024 (AFP)
Demand increased by 800,000 barrels per day (bpd) in the first six months of 2024, compared to 2.3 million bpd over the same period in 2023, the IEA said in its...
Chinese PM meets Saudi crown prince during Riyadh visit
Sep 11, 2024 (AFP)
Riyadh was Li's first stop in a regional Gulf trip that will also take him to the neighbouring United Arab Emirates. In the Saudi capital, the two leaders discu...
Iran president says 14 agreements signed with Iraq to expand ties
Sep 11, 2024 (AFP)
"Fourteen cooperation memorandums were signed between Iran and Iraq, which is the starting point of the expansion of cooperation," Pezeshkian said, standing alo...
Iran president deepens Iraq ties on first foreign trip
Sep 11, 2024 (AFP)
The three-day trip comes amid turmoil in the Middle East sparked by the war in Gaza, which has drawn in Iran-backed armed groups and complicated Iraq's relation...
Chinese prime minister arrives in Saudi Arabia
Sep 10, 2024 (AFP)
Li "arrived in Riyadh to participate in the fourth meeting of the High-Level Sino-Saudi Joint Committee", the official Saudi Press Agency reported. After Riyadh...
Oil tanker ablaze off Yemen threatens environmental disaster
Sep 10, 2024 (AFP)
The Greek-flagged Sounion, struck on August 21 by Yemen's Huthi rebels, was still on fire as recently as Saturday, maritime monitors said. Threatening an oil sp...
Hijacked, sunk, set ablaze: Yemen rebels' Red Sea attacks
Sep 10, 2024 (AFP)
The Iran-backed Huthis' drone and missile strikes have targeted nearly 100 vessels in the Red Sea and Gulf of Aden, according to the Joint Maritime Information ...
MiQ updates guidance on satellite data for verifying methane emissions
Sep 10, 2024 (SPX)
The enhanced MiQ Equivalency Table now allows producers to compare different advanced Leak Detection and Repair (LDAR) technologies, such as aircraft, continuou...
Methane rising faster than other greenhouse gases: researchers
Sep 10, 2024 (AFP)
"Methane is rising faster in relative terms than any major greenhouse gas and is now 2.6-fold higher than in pre-industrial times," said an international group ...
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