Oil News and Gas News
May 07, 2025
OIL AND GAS
Trump announces informal cease-fire with Houthis



Washington DC (UPI) May 6, 2025
The Yemen-based Houthis have "capitulated" and stopped attacking commercial and military shipping, President Donald Trump announced after meeting with Canadian Prime Minister Mark Carney on Tuesday. "They've announced to us at least that they don't want to fight anymore," Trump told media. "They just don't want to fight, and we will honor that," Trump said. "They have capitulated. But, more importantly, they ... say they will not be blowing up ships anymore." Trump said Houthi rep ... read more

OIL AND GAS
World energy methane emissions near record high in 2024: IEA
Paris (AFP) May 7, 2025
Record fossil fuel production kept planet-heating methane emissions near historic highs last year, the International Energy Agency said Wednesday, warning of a surge in massive leaks from oil and gas facilities. ... more
OIL AND GAS
EU proposes ending all Russian gas imports by 2027
Strasbourg, France (AFP) May 6, 2025
The EU on Tuesday unveiled a long-promised plan to phase out its remaining gas imports from Russia by the end of 2027, breaking a dependency it has struggled to end despite Moscow's war on Ukraine. ... more
BIO FUEL
Biogas Production from Alfalfa Enhanced by Fruit Waste and Microbes
Los Angeles CA (SPX) May 07, 2025
Researchers in China have developed a novel method to enhance biogas production from alfalfa by incorporating fruit waste and anaerobic microbes, according to a new study published in mSphere. The a ... more
OIL AND GAS
Moss method revives Canadian oil well sites into carbon-storing peatlands
Los Angeles CA (SPX) May 01, 2025
In a breakthrough for ecological restoration, researchers have developed a scalable technique to transform former oil and gas exploration sites in western Canada back into carbon-rich peatlands. The ... more
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OIL AND GAS
'Bombshell' OPEC+ output hike hits oil price
Hong Kong (AFP) May 5, 2025
Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed. ... more
BIO FUEL
Bacteria breathe electricity unlocking bioenergy and clean tech potential
Los Angeles CA (SPX) May 02, 2025
A research team led by Caroline Ajo-Franklin at Rice University has discovered how certain bacteria breathe by releasing electricity, a process that pushes electrons into their surroundings instead ... more
OIL AND GAS
Shell net profit sinks 35% in first-quarter as oil prices fall
London (AFP) May 2, 2025
British energy giant Shell on Friday reported a sharp drop in first-quarter net profit as it was hit by weaker oil prices but pushed ahead with shareholder returns. ... more
OIL AND GAS
US imposes sanctions to curb Iran oil despite talks
Washington (AFP) April 30, 2025
The United States said Wednesday it was imposing sanctions on seven companies involved in selling Iranian oil, tightening pressure despite new nuclear talks between the adversaries. ... more

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OIL AND GAS
U.S. sanctions vessels, firms providing Houthis with support
Washington DC (UPI) Apr 29, 2025
The United States has sanctioned three vessels and their firms on accusations of providing support to the Houthi rebels of Yemen. ... more
OIL AND GAS
More than 80,000 litres of oil spilled around a barge on Danube in Serbia
Belgrade (AFP) April 24, 2025
Around 82,000 litres of oil were spilled during a transfer to a barge on the Danube about 20 kilometres (12 miles) downstream from Serbia's capital Belgrade, officials analysing water samples confirmed on Thursday. ... more
OIL AND GAS
Just Stop Oil activist group holds final march
London (AFP) April 26, 2025
British environmental activist group Just Stop Oil held its final demonstration in London on Saturday, ending three years of high-profile climate protest stunts as they moved their focus away from civil disobedience. ... more
BIO FUEL
Difficult energy transition looms without major EU investment in biomass
Berlin, Germany (SPX) Apr 23, 2025
Biomass remains the European Union's primary renewable energy source, yet it often receives less attention than solar or wind in energy transition strategies. New findings from Chalmers University o ... more
OIL AND GAS
Iran slams 'hostile' US sanctions ahead of new talks
Tehran (AFP) April 23, 2025
Iran's foreign ministry on Wednesday condemned new US sanctions targeting its oil network, calling the move a sign of Washington's "hostile approach" ahead of a third round of nuclear talks. ... more
OIL AND GAS
White House gives update on fight against Houthi 'band of pirates'
Washington DC (UPI) Apr 22, 2025
Yemen-based Houthi attacks on shipping and U.S. forces prompted ongoing military strikes against Houthi targets in Yemen, President Trump told congressional leaders in a March 28 letter. ... more
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OIL AND GAS
Huthis say US strikes on Sanaa kill at least 12
Sanaa (AFP) April 21, 2025
Yemen's Huthis said early Monday that US air strikes on Sanaa killed at least 12 people and wounded 34, with a military spokesperson later claiming attacks on US aircraft carriers and Israel. ... more
OIL AND GAS
U.S. airstrikes targeting western Yemen oil port kill dozens
Washington DC (UPI) Apr 18, 2025
The U.S. military attacked an oil port in western Yemen, killing dozens of people as the Trump administration continues to intensify its strikes against the Houthi rebels. ... more
OIL AND GAS
Sultan of Oman to meet Putin in Moscow
Moscow (AFP) April 19, 2025
The Sultan of Oman will visit Moscow Tuesday to hold talks with Russian President Vladimir Putin, the Kremlin and Muscat said Saturday, as the Gulf state mediates high-level talks on Iran's nuclear programme. ... more
OIL AND GAS
Black Sea oil spill hits Russian beach holiday plans
Moscow (AFP) April 18, 2025
A massive Black Sea oil spill prompted Moscow's consumer watchdog on Friday to urge Russian holidaymakers to reconsider their summer plans, warning that the popular seaside resort of Anapa's beaches were unsafe. ... more
OIL AND GAS
US sanctions second Chinese refinery in Iran pressure campaign
Washington (AFP) April 16, 2025
The United States on Wednesday sanctioned a second China-based "teapot" refinery for purchasing Iranian crude, in the latest salvo of Donald Trump's "maximum pressure" campaign against Tehran. ... more
OIL AND GAS
World-first flight test reveals how hydrogen engines form contrails
Berlin, Germany (SPX) Apr 15, 2025
In a groundbreaking campaign, researchers have captured the first-ever in-flight measurements of contrails produced by hydrogen-powered aircraft, marking a pivotal advancement in assessing the clima ... more
OIL AND GAS
Study finds big gap in Australia's methane emissions
Sydney (AFP) April 15, 2025
Australian coal mines may have vastly underestimated historical methane emissions, according to analysis of the potent greenhouse gas published Wednesday. ... more
OIL AND GAS
UN shipping body approves global carbon pricing system
London (AFP) April 11, 2025
Member states of the International Maritime Organization have voted in favour of a global pricing system to help curb maritime carbon emissions, the UN shipping body announced Friday. ... more
OIL AND GAS
Interior Department says more oil discovered under Gulf of Mexico
Washington DC (UPI) Apr 10, 2025
The Department of Interior on Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels of oil in the Gulf of Mexico's Outer Continental shelf. ... more
OIL AND GAS
Yemen rebel media says US strikes on Hodeida killed 12: new toll
Hodeida, Yemen (AFP) April 9, 2025
Yemen's Huthi media said on Wednesday the death toll from an air strike on Hodeida the day before that they blamed on the United States had risen to 12 people. ... more
OIL AND GAS
Yemen rebels say four killed in US strikes on west
Hodeida, Yemen (AFP) April 8, 2025
Yemen's Huthi rebels on Tuesday said US strikes on the western province of Hodeida killed four people and wounded 13 others, a day after the group said it targeted Israel and US warships. ... more
OIL AND GAS
Talks with Trump a necessity for sanctions-hit Iran
Tehran (AFP) April 8, 2025
US President Donald Trump appeared to catch Tehran off guard on Monday when he announced "direct talks" between the arch-foes over Iran's nuclear programme, having previously threatened to bomb the Islamic republic. ... more
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OIL AND GAS
US trade delegation in Iraq to boost economic ties
Baghdad (AFP) April 8, 2025
A US trade delegation representing 60 companies was visiting Iraq to sign economic cooperation agreements with the private sector, Washington's embassy in Baghdad said Tuesday. ... more
OIL AND GAS
Trump's tariffs loom over maritime emissions-cutting talks
London (AFP) April 7, 2025
A decisive week for decarbonising global shipping began on Monday at an International Maritime Organization (IMO) meeting in London, against a backdrop of trade tensions that could make reaching a consensus difficult. ... more
OIL AND GAS
Venezuelan army on 'alert' for alleged false-flag attack
Caracas (AFP) April 7, 2025
Venezuela's army said Sunday it was in a "state of alert" after the government warned of a suspected plot to blame Caracas for an attack on oil giant ExxonMobil in neighbouring Guyana. ... more
OIL AND GAS
US jury orders Chevron pay $745 mn for pollution
New York (AFP) April 6, 2025
A US jury has ordered oil giant Chevron to pay $745 million for polluting marshland near New Orleans and subsequently failing to rehabilitate the affected area. ... more
OIL AND GAS
Yemen Huthi media say one dead in air strikes
Sanaa (AFP) April 5, 2025
Media aligned with Yemen's Huthi rebels on Saturday said one person was killed and several others wounded in air strikes in the north of the country that they blamed on the United States. ... more
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