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Breaking News Thu, 28 Mar 2024
FILE - In this Dec. 13, 2009 file photo, men work at the Rumaila oil refinery, near the Iraqi city of Basra. Iraq is rich in oil, but protesters say they don’t see the fruits of this wealth. Iraq blames foreign companies for ongoing closure of oil pipeline Tue 26 Mar 2024
The Iraqi oil ministry said companies operating in the Kurdistan region have failed to submit contracts for revision. Iraq’s oil ministry has blamed foreign oil companies... (photo: AP / Nabil al-Jurani, File) Offshore Technology
Energy   Iraq   Oil   Photos
A Chevron gas station at 25635 Crucero Road in Ludlow, California, near I-40 and Route 66. Permian Basin: Chevron and Exxon compete for top oil producer in US Tue 26 Mar 2024
Oil and gas mergers, largely in the Permian Basin spiked last year as companies sought to consolidate assets in the booming region, according to a government report... (photo: Creative Commons / Tony Webster) Alamogordo Daily News
Gas   Global Trading   Oil   Photos
 Two men watch the shipping, including oil tankers, off coast of the Al Mamzar area in Dubai Friday, April 20, 2001. The Georgian-flagged Zainab ship carrying smuggled Iraqi oil sank last week off the coast of the United Arab Emirates, causing a 30 kilome Increase in oil investment must for growth: Opec chief Mon 25 Mar 2024
Increased investments in the oil industry is needed to meet global energy demands and sustain economic growth, Haitham Al Ghais, Secretary General of the Organisation of... (photo: AP Photo ) GDN Online
Energy   OPEC   Oil   Photos
A Libyan oil worker, works at a refinery inside the Brega oil complex, in Brega east of Libya, on Saturday Feb. 26, 2011. Production at Brega has dropped by almost 90 percent amid the country's crisis because many employees have fled and few ships are coming to offload the product. Libya to investigate claims oil smuggling is fuelling Sudan civil war Mon 25 Mar 2024
Libyan authorities have said they will investigate allegations of wholesale mismanagement in the country’s National Oil Corporation, with officials telling the Guardian... (photo: AP / Hussein Malla) AOL
Africa   Libya   Photos   Sudan
Blockchain network concept Rapid digitalisation enabling blockchain adoption in oil and gas industry Wed 20 Mar 2024
The potential of blockchain in the oil and gas sector is poised for substantial growth as companies increasingly recognise its full capabilities. Blockchain is emerging... (photo: Creative Commons) Offshore Technology
Gas   Oil   Photos
Usable petroleum can be drawn out from beneath the earth's surface from a designated area in many different ways with varying possibilities of the quality and resource amount from the extraction, April 2, 2017. Oil prices contracted after reaching 4-month highs due to demand concerns Wed 20 Mar 2024
Oil prices continued their downward trend on Wednesday due to market caution ahead of the US Federal Reserve's (Fed) decision on interest rates, a strong US dollar and... (photo: Pixabay / C Morrison) Anadolu Agency
Energy   Global Trading   Oil   Photos
Oil Industry near Houston Economic Watch: Western oil giants look at new strategy amid global energy transition Tue 19 Mar 2024
by Nie Shangyou HOUSTON, March 19 (Xinhua) -- At the top-level global energy forum CERAWeek that kicked off here on Monday, oil giants across the Atlantic are fine-tuning... (photo: Creative Commons / Christoph Mendt) Xinhua
Climate change   Energy   Oil   Photos
Petroleum - Price Hike - Oil Gulf stocks up on higher oil prices Tue 19 Mar 2024
Major stock markets in the Gulf rose yesterday led by the Abu Dhabi benchmark on higher oil prices, while shares in Egypt continued to ease for a second straight session.... (photo: WN / Sweet Radoc) GDN Online
Abu Dhabi   Photos   Russian   Wikipedia: Price of oil   oil prices
A customer pumps gas at an Exxon gas station, Tuesday, May 10, 2022, in Miami Oil loses ground in cautious trade ahead of Fed meeting Tue 19 Mar 2024
SingaporeOil prices dipped on Tuesday due in part to the prospect of rising supply from Russia, slower-than-expected downstream demand in sectors such as jet fuel, and... (photo: AP / Marta Lavandier) Business Day
Gas   Global Trading   Oil   Photos
Oil pump noozle at gas station Oil inches higher on expectation of more strikes on Russian refineries Mon 18 Mar 2024
New DelhiOil prices ticked up in Asian trade on Monday, extending gains from last week when prices rose nearly 4% on the view that supply was tightening, with the... (photo: Creative Commons) Business Day
Energy   Global Trading   Oil   Photos
Mt Rainer 2015 06 Shell Drilling Platform 2 Shell waters down 2030 carbon emissions target in latest fossil fuel industry backslide Thu 14 Mar 2024
Shell weakened its 2030 carbon reduction target and scrapped a 2035 objective, citing expectations for lower power sales and strong demand for gas in the energy... (photo: Creative Commons / Chris Light https://commons.wikimedia.org/wiki/User:Chris_Light) CNN
Carbon emissions   Climate change   Oil   Photos
A section of Tehran's oil refinery is seen, Iran, Saturday, Nov. 17, 2007. Iran's president said Saturday that the Organization of Petroleum Exporting Countries is "under heavy economic and political pressures" and that the oil prices are below its real value, state-run-news agency reported. Mahmoud Ahmadinejad made his remarks prior to his trip to Bahrain and Saudi Arabia where he is due to attend the OPEC summ Venezuela to strengthen Iran oil pact Thu 14 Mar 2024
The South American nation has struggled to pay off its debts to Tehran. Venezuela is looking to forge a stronger oil alliance with Iran, as the South American nation... (photo: AP / Vahid Salemi) Offshore Technology
Iran   Oil   Photos   Venezuela
Oil offshore platform World oil demand grows amid Red Sea shipping disruptions: IEA Thu 14 Mar 2024
Global oil demand is forecast to grow more than expected due to a brighter US economic outlook and rising fuel needs of ships rerouted away from the Red Sea, the... (photo: Creative Commons) Independent online (SA)
Energy   Global Trading   Oil   Photos
Ships at the shore near an oil platform Revealed: How the global oil industry is fueling Israel’s war on Gaza Thu 14 Mar 2024
Israeli jets and tanks bombarding Palestinians are being fueled by some of the world’s most profitable fossil fuel companies – and US tax-payers, according to research.... (photo: Creative Commons) AOL
Energy   Global Trading   Oil   Photos
In this Aug. 31, 2017, file photo, a flame burns at the Shell Deer Park oil refinery in Deer Park, Texas. US leads global oil production for sixth year in a row – EIA Wed 13 Mar 2024
Last year, the US, Russia and Saudi Arabia accounted for 40%, or approximately 32.8mbpd, of global oil production. Crude oil production in the US has topped global... (photo: AP / Gregory Bull, File) Offshore Technology
Energy   Global Trading   Oil   Photos
Beach with Oil Derrick   Baku   Azerbaijan (17966684252) EXCLUSIVE – Azerbaijan oil and gas extraction plans are equivalent to an entire year of EU emissions Wed 13 Mar 2024
The oil and gas extraction plans of the COP29 host fuel concerns that another petrostate will dampen forthcoming climate negotiations. The recent decision to allow a... (photo: Creative Commons / Adam Jones from Kelowna, BC, Canada https://www.flickr.com/people/41000732@N04) Offshore Technology
Azerbaijan   Climate change   Oil   Photos
File - The Shell Perdido deepwater offshore oil production platform in the Gulf of Mexico. Oil executives have refuted claims that they spread disinformation concerning climate change. Shell considers slowing the pace of its carbon emissions cuts in strategy update Tue 12 Mar 2024
Shell Plc has been considering slowing the pace of its carbon-emissions cuts as it updates its energy-transition strategy, according to people familiar with the matter.... (photo: US BSEE / Mike Duhon, all rights excluding external advertising assigned to Shell) Detroit news
Carbon emissions   Climate change   Oil   Photos
Fuel trucks line up in front of storage tanks at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, March 21, 2021 Saudi oil giant Aramco announces $121 billion profit last year, down from 2022 record Mon 11 Mar 2024
Saudi oil giant Aramco اشس reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices. The results still marked the company's... (photo: AP / Amr Nabil) Naharnet
Aramco   Oil   Photos   Saudi Arabia
FILE - In this Monday, Nov. 24, 2014 file photo, smoke streams from the chimneys of the E.ON coal-fired power station in Gelsenkirchen, Germany, and with a capacity of around 2300 MW of power it is one of the most powerful coal-fired power stations in Europe. Germany announced on Wednesday, Dec. 3, 2014 a cash boost for measures to cut greenhouse gas emissions, in a bid to meet its ambitious climate target for 2020. MethaneSat will remind the oil and gas sector “to get back to work” Mon 11 Mar 2024
Measuring methane concentrations as low as three parts per billion, MethaneSat will hold oil and gas firms accountable for emissions. MethaneSat – a satellite measuring... (photo: AP / Martin Meissner) Offshore Technology
Climate change   Emissions   Environment   Photos
A large part of EPA's response to the BP oil spill was sampling for background environmental conditions in the Gulf Big Oil faces a flood of climate lawsuits — and they’re moving closer to trial Fri 8 Mar 2024
"This story was originally published by Grist. Sign up for Grist's weekly newsletter here." It’s been six years since cities in California started the trend of taking Big... (photo: Public Domain / Eric Vance) MinnPost
  Climate change   Environment   Oil   Photos