Oil News and Gas News
October 25, 2024
OIL AND GAS
Oil-rich Iraqi Kurdistan votes, shadowed by economic struggles



Arbil, Iraq (AFP) Oct 20, 2024
Iraq's Kurdistan voted on Sunday to elect a new parliament for the autonomous oil-rich region, where voters expressed concern over economic struggles and disenchantment with the political elite. Iraqi Kurdistan presents itself as a relative oasis of stability in the turbulent Middle East, attracting foreign investors due to its close ties with the United States and Europe. However, activists and opposition figures contend that the region, autonomous since 1991, faces the same issues affecting Ir ... read more

OIL AND GAS
Shell pipeline oil leak in Singapore contained
Singapore (AFP) Oct 20, 2024
An oil pipeline belonging to British giant Shell began leaking into the sea on Sunday, Singaporean authorities and the company said, adding that the spill was stopped and cleanup crews deployed. ... more
OIL AND GAS
U.S. stealth bombers strike 'hardened' underground weapons sites in Houthi-run parts of Yemen
Washington DC (UPI) Oct 17, 2024
U.S. military forces hit Houthi weapons storage facilities in northwestern areas of Yemen controlled by the Iran-backed rebels overnight, targeting their ability to attack American and international shipping transiting the Red Sea, the Pentagon said. ... more
OIL AND GAS
Husker researchers assess hydrogen energy potential from ancient rift
Los Angeles CA (SPX) Oct 17, 2024
Approximately 1.1 billion years ago, the North American continent almost divided, leaving a 1,200-mile stretch of volcanic rock called the Midcontinent Rift. Scientists at the University of Nebraska ... more
BIO FUEL
Baylor engineers introduce ultra-clean biofuel combustion technology
Los Angeles CA (SPX) Oct 17, 2024
Baylor University researchers from the Cornerstone Atomization and Combustion Lab (CAC) have developed an advanced method for burning biofuels with minimal emissions. Using a new Swirl Burst (SB) in ... more
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OIL AND GAS
Iowa Supreme Court mulling Summit pipeline lawsuit
Washington DC (UPI) Oct 15, 2024
The Iowa Supreme Court is weighing a decision that could uphold a pipeline company's eminent domain right to survey property without landowner permission. ... more
OIL AND GAS
Israel tells US will not hit Iran's nuclear or oil facilities: media
Washington (AFP) Oct 15, 2024
Israel has assured the White House that a planned retaliatory attack on Iran won't target nuclear or oil facilities, US media reported Monday. ... more
OIL AND GAS
Iran condemns 'illegal and unjustified' US sanctions on oil industry: ministry
Tehran (AFP) Oct 13, 2024
Iran condemned Sunday what it called an "illegal and unjustified" expansion of US sanctions targeting its oil industry following Tehran's missile attack on Israel earlier this month. ... more
OIL AND GAS
U.S. expands sanctions on Iran's oil industry in response to Oct. 1 missile attack
Washington DC (UPI) Oct 11, 2024
The Biden administration on Friday expanded sanctions against Iran's oil and petrochemical industries in response to Tehran's Oct. 1 ballistic missile attack on Israel. ... more

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OIL AND GAS
Iran oil minister visits key site after Israeli threats
Tehran (AFP) Oct 6, 2024
Iranian Oil Minister Mohsen Paknejad visited an oil facility on Kharg Island on Sunday amid growing concerns over potential Israeli air strikes targeting such vital sites. ... more
BIO FUEL
Construction of largest research facility for e-fuel production begins in Germany
Berlin, Germany (SPX) Oct 04, 2024
The German Aerospace Center (DLR) has begun construction of the world's largest facility for research into electricity-based fuels, also known as e-fuels or electrofuels. The Technology Platform for ... more
BIO FUEL
Innovative catalyst converts CO2 to methane using electricity
Berlin, Germany (SPX) Oct 04, 2024
Researchers from the University of Bonn and University of Montreal have developed a highly efficient catalyst capable of converting carbon dioxide (CO2) and water (H2O) into methane (CH4) using elec ... more
OIL AND GAS
Petrobras announces 'huge' gas discovery in Colombia
Bogota (AFP) Oct 3, 2024
Petroleum giant Petrobras announced Thursday the discovery of natural gas deposits in Colombia that could double the South American country's known reserves even as it seeks to transition away from hydrocarbons. ... more
OIL AND GAS
TotalEnergies plans to grow oil and gas production until 2030
Paris (AFP) Oct 3, 2024
French energy giant TotalEnergies has announced plans to increase its oil and gas production until 2030, as it seeks to reassure investors about its fundamentals. ... more
BIO FUEL
New process converts plant waste into sustainable jet fuel
Los Angeles CA (SPX) Sep 27, 2024
Researchers from Washington State University (WSU) have developed a new method to convert lignin-based agricultural waste into sustainable aviation fuel. The breakthrough, published in 'Fuel Process ... more
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OIL AND GAS
No peak oil demand 'on the horizon', phaseout a 'fantasy': OPEC
Paris (AFP) Sept 24, 2024
OPEC said Tuesday that phasing out oil was a "fantasy", as the Saudi-led cartel forecast that demand would keep growing until at least 2050, a key year in the battle against climate change. ... more
OIL AND GAS
California sues oil giant Exxon over plastic recycling 'myth'
Los Angeles, United States (AFP) Sept 23, 2024
California began legal action Monday against oil giant ExxonMobil over a "decades-long campaign of deception" about plastics recycling that has worsened a global pollution crisis. ... more
OIL AND GAS
Biden holds meeting with Emirati president, first UAE leader to visit US in decades
Washington DC (UPI) Sep 23, 2024
United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan met with President Joe Biden on Monday at the White House for the first visit by an Emirati leader to the United States since the UAE was founded in 1971. ... more
OIL AND GAS
Human remains found in SUV that triggered Texas gas pipeline fire
Washington DC (UPI) Sep 19, 2024
Deer Park, Texas, police on Thursday confirmed human remains were found in an SUV that caused a days-long raging pipeline fire Monday. ... more
BIO FUEL
Electrochemical cell converts captured carbon to green fuel with high efficiency
Tokyo, Japan (SPX) Sep 18, 2024
Scientists from Tokyo Metropolitan University have developed an innovative electrochemical cell that efficiently converts bicarbonate solution, derived from captured carbon, into formate fuel. This ... more
OIL AND GAS
Azerbaijan says 'God-given' oil and gas will help it go green
Baku (AFP) Sept 17, 2024
Flames soar into the air from a sandstone outcrop on a hillside of the Absheron peninsula near Baku, the capital of Azerbaijan, as it prepares to host the COP29 climate conference. ... more
BIO FUEL
Using sunlight to recycle harmful gases into valuable products
Los Angeles CA (SPX) Sep 17, 2024
Researchers at McGill University have developed a sunlight-driven method to convert two of the most harmful greenhouse gases into valuable chemicals. This breakthrough could offer both environmental ... more
OIL AND GAS
Pennsylvania's fracking industry plans to continue, whoever wins White House
Canonsburg, United States (AFP) Sept 15, 2024
Pennsylvanians working in the controversial fracking industry are confident that the sector will endure, whoever wins the White House in November's presidential election. ... more
BIO FUEL
New study highlights improved ethanol production method using CO2 and Nanocatalysts
Berlin, Germany (SPX) Sep 15, 2024
A recent study titled 'Time-Resolved Operando Insights into the Tunable Selectivity of Cu-Zn Nanocubes during Pulsed CO2 Electroreduction' has revealed a more efficient method for converting carbon ... more
OIL AND GAS
2024 Global Methane Report shows significant growth in emissions
Paris, France (SPX) Sep 15, 2024
The 2024 Global Methane Budget offers a sobering look at current global methane emissions. The report reveals that human activities are responsible for more than two-thirds of all methane emissions ... more
OIL AND GAS
The Hague to ban fossil fuel ads
The Hague (AFP) Sept 13, 2024
The Dutch city of The Hague has become the first in the world to pass local laws banning advertisements for fossil fuels, petrol cars and long-distance air travel, officials said Friday. ... more
OIL AND GAS
Support for Trump, questions for Harris in pro-fracking Pennsylvania
West Bethlehem Township, United States (AFP) Sept 13, 2024
For Pennsylvania farmer George Wherry, 85, fracking for natural gas under his otherwise bucolic fields means greater economic "freedom" - one of the many reasons he'll be voting for Donald Trump in November. ... more
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OIL AND GAS
Salvage operation for stricken Red Sea tanker underway: Greek defence source
Athens (AFP) Sept 14, 2024
An operation to tow an abandoned tanker struck by Yemen's Huthi rebels in August, threatening environmental disaster, began Saturday and is ongoing, a Greek defence ministry source told AFP. ... more
OIL AND GAS
Philippines recovers oil from sunken tanker, avoids disaster
Manila (AFP) Sept 12, 2024
The Philippine government said it had completed on Thursday the recovery of fuel cargo from a sunken oil tanker on Manila Bay, avoiding an "environmental catastrophe". ... more
OIL AND GAS
Global oil demand growth slows as China slumps: IEA
Paris (AFP) Sept 12, 2024
Global oil demand grew at its slowest pace since 2020 in the first half of 2024 due to China's economic slump, the International Energy Agency said Thursday, prompting the IEA to lower its full-year forecast. ... more
BIO FUEL
Biomethane Production on Peat Soils Leads to Higher CO2 Emissions than Natural Gas
London, UK (SPX) Sep 11, 2024
A rapid expansion in the cultivation of crops like maize to generate biomethane-a cleaner alternative to fossil fuels-is inadvertently causing significant carbon emissions. A new study by the UK Cen ... more
OIL AND GAS
Iran president deepens Iraq ties on first foreign trip
Baghdad (AFP) Sept 11, 2024
Iran and Iraq on Wednesday signed more than a dozen agreements to deepen already strong ties as Masoud Pezeshkian visited Baghdad on his first foreign trip as president of the Islamic republic. ... more
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