OIL

10,863 articles

back in court in landmark Dutch climate case
Apr 02, 2024 (AFP)
Judges at The Hague District Court ruled three years ago that Shell must reduce its carbon emissions by 45 percent by 2030, as it was contributing to the "dire"...
Shining a light on oil fields to make them more sustainable
Apr 01, 2024 (SPX)
One of the most common problems is spills of the salty brine that's a toxic byproduct of pumping oil. Another is over- or under-pumping that can lead to machine...
Canada's Trudeau on back foot over carbon tax
Mar 30, 2024 (AFP)
The levy, applied to a myriad of fossil fuels used by both industry and consumers, is scheduled to rise from Can$64 to Can$80 (US$48 to US$59) per metric ton of...
China backs Venezuela as opposition figure excluded from election
Mar 29, 2024 (AFP)
Chinese foreign ministry spokesperson Lin Jian urged the international community to play a "positive and constructive role" in Venezuela's upcoming poll. "We re...
Saudi Aramco CEO calls energy transition strategy a failure
Mar 27, 2024 (AFP)
"In the real world, the current transition strategy is visibly failing on most fronts," Saudi Aramco Chief Executive Amin Nasser said at the CERAWeek conference...
Two dead, oil refinery on fire after drone attacks in Russia
Mar 23, 2024 (AFP)
Further east, an overnight drone attack on the Samara region caused a fire at a major oil refinery, the latest in a series of strikes against Russia's fuel indu...
16 US states challenge Biden admin freeze on new LNG export approvals
Mar 21, 2024 (AFP)
Citing the climate crisis, Democratic President Joe Biden in January paused the granting of new permits to ship LNG abroad. "This pause on new LNG approvals see...
Fossil fuels to become as unpopular as cigarettes: Brazil energy minister
Mar 21, 2024 (AFP)
"The energy transition will happen one way or the other, but it will also happen because of another factor, which is the cultural issue," Silveira told AFP, spe...
COP hosts UAE, Azerbaijan, Brazil pledge stronger climate action
Mar 20, 2024 (AFP)
Nations have been under pressure to keep this warming limit alive by pledging to accelerate their efforts to slash greenhouse gas emissions in a new round of cl...
No oil and gas majors aligned with climate targets: report
Mar 20, 2024 (AFP)
The assessment of the 25 largest listed fossil fuel firms by the think-tank Carbon Tracker is designed to enable investors to judge whether the firms are in lin...
Mapping the World's Off-Limits Oil to Meet Paris Agreement Goals
Mar 19, 2024 (SPX)
The study, spearheaded by Professor Marti Orta-Martinez from the University of Barcelona's Faculty of Biology and the UB Biodiversity Research Institute, in col...
UK's Cambridge University halts fossil fuel funding
Mar 18, 2024 (AFP)
The decision to halt funding until a review is carried out follows recommendations in a report by former UN climate change envoy Nigel Topping last year. Cambri...
Methane: a powerful gas heating the planet
Mar 18, 2024 (AFP)
But other powerful heat-trapping emissions -- of methane -- will be in the crosshairs at a global forum in Geneva this week. Methane -- which is potent but rela...
Methane emissions from energy sector rose in 2023: IEA
Mar 13, 2024 (AFP)
Slashing emissions of methane -- second only to carbon dioxide for its contribution to global warming -- is essential to meeting international targets on climat...
Britain vows to build new gas power stations
Mar 12, 2024 (AFP)
The Conservative government, which aims to achieve net zero carbon emissions by 2050, announced in a statement that it would seek to construct the gas power pla...
UNIST paves the way for revolutionary high-density hydrogen storage solutions
Mar 11, 2024 (SPX)
The team's groundbreaking work has overcome the longstanding challenge of low hydrogen storage capacity, employing a novel synthesis of magnesium hydride, boron...
US coast guard investigates Los Angeles oil spill
Mar 08, 2024 (AFP)
The spill is located close to two oil rigs off the shore of Huntington Beach, a popular beach city known for its world-famous surfing, but the source is not yet...
Vessel targeted off Yemen: security firm
Mar 04, 2024 (AFP)
No group immediately claimed an attack. Since November, Yemen's Iran-backed Huthi rebels have fired drones and missiles at ships they deem to be affiliated with...
Oil spills pile on pressure for Iraq's farmers
Feb 27, 2024 (AFP)
Amid the hills of Salaheddin province, puddles of the viscous black liquid pollute the otherwise fertile and green fields, rendering vast swathes of farmland ba...
UK to quit 'outdated' fossil fuel friendly treaty
Feb 22, 2024 (AFP)
The decision to quit the 1990s-era accord comes after efforts to negotiate a modernised treaty ended in stalemate. France, Germany, Spain and the Netherlands ar...
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