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Breaking News Thu, 19 Sep 2024
An oil installation belonging to Shell Petroleum Development Company in Odidi, Niger Delta area of Nigeria, Thursday, Feb. 2, 2006. Royal Dutch Shell  PLC reported a 4 percent drop in fourth-quarter net profit and a 2 percent decline in sales Thursday, as lower production and the impact from hurricanes Katrina and Rita outweighed the high price of oil.
Africa   Nigeria   Oil   Photos
 Offshore Technology 
Nigerians go to court and want $310m from Shell, and halt an asset sale
Fri 13 Sep 2024
Local community groups are asking for compensation from the energy giant for allegedly violating an exisiting deal. Nigerian communities are seeking N505bn ($310m) in compensation from Shell, alleging... (photo: AP / George Osodi)
During a trip organized by Saudi information ministry, a cameraman films Aramco's oil processing facility
Climate change   Oil   Photos   Saudi Arabia
 Offshore Technology 
Assessing Saudi Arabia’s “ambitious” renewable goals
Fri 13 Sep 2024
Saudi Arabia is a key player in the global oil market, but just how serious is the energy giant in its desire to go green? Saudi Arabia is the second-largest crude oil producer – sitting just ahead of... (photo: AP / Amr Nabil)
Gasoline pumps in close-up photography  Business Day  Fri 13 Sep 2024
Oil gains more ground amid output disruptions
New York/SingaporeOil prices rose on Friday, extending a rally sparked by output disruptions in the US Gulf of Mexico, where Hurricane Francine forced producers to evacuate platforms before it hit... (photo: Creative Commons)
Energy   Global Trading   Oil   Photos
Industrial gas & oil refinery at sunset  WhoWhatWhy  Thu 12 Sep 2024
Big Oil Faces Rising Number of Climate Lawsuits: Report

Big Oil Faces Rising Number of Climate Lawsuits: Report (Maria) The author writes, “Big oil is facing a soaring number of climate-focused lawsuits, a new analysis has found. It’s a sign that more... (photo: Creative Commons)
  Climate change   Energy   Oil   Photos
Top Stories more Headlines
File: An oil tanker is moored at the Sheskharis complex, part of Chernomortransneft JSC, a subsidiary of Transneft PJSC, in Novorossiysk, Russia, Tuesday, Oct. 11, 2022, one of the largest facilities for oil and petroleum products in southern Russia. The European Union reached a deal Friday for a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market to prevent price spikes and starve President Vladimir Putin of funding for his war in Ukraine AOL Wed 11 Sep 2024
UK imposes sanctions on 10 ships in crackdown on Russia’s shadow oil fleet
The UK has taken new steps to clamp down on Russia’s shadow fleet exporting oil and funding Moscow’s war machine, with the Foreign Office announcing sanctions on 10 ships... (photo: AP)
Britain   Oil   Photos   Russia
Person is putting gasoline on a vehicle Business Day Wed 11 Sep 2024
Disruption worries drive oil’s recovery
TokyoOil prices climbed on Wednesday, paring some of the previous day’s losses, as concern about Hurricane Francine disrupting output in the US, the world’s biggest... (photo: Creative Commons)
Gas   Global Trading   Oil   Photos
Person holding gasoline nozzle at gas station Business Day Tue 10 Sep 2024
Oil weaker as poor demand counters supply disruptions
Houston/TokyoOil prices edged down on Tuesday as weak Chinese demand offset supply disruptions from Tropical Storm Francine and as global oil oversupply risks... (photo: Creative Commons)
Energy   Global Trading   Oil   Photos
 A sign marks the entrance of the secluded Exxon Mobil cooperate headquarters in Irving, Texas, Thursday, Oct. 30, 2003. Higher oil and gas prices helped lift third quarter profits at Exxon Mobil Corp. by 38 percent, but the oil giant still fell far short Business Day Mon 9 Sep 2024
Exxon pulls out of Namibia oil race
London — ExxonMobil has withdrawn from the race to buy half of Galp Energia’s stake in a large oil discovery in Namibia that has attracted interest from top energy... (photo: AP Photo/LM Otero)
Business   Global Trading   Oil   Photos
** ARCHIV ** Hinter dem Schornstein eines Kohlekraftwerks fliegt am 15. Nov. 2007 ein Flugzeug ueber Peking. Der weltweite Ausstoss von Kohlendioxid hat nach juengsten Erkenntnissen im vergangenen Jahr um drei Prozent zugenommen. Groesster Klimasuender war nach Angaben des Global Carbon Projects (GCP) von Freitag, 26. Sept. 2008, China, gefolgt von den USA. (AP Photo/Andy Wong, File) ** FILE ** A passenger airliner flies past smoke generated by a coal power station in Beijing, in this Nov. 15, 2007 file photo. China's government is boosting the authority of its long-toothless environmental watchdog agency in an attempt to rein in the rampant pollution wrought by rapid economic development. (AP Photo/Andy Wong, File) Offshore Technology Mon 9 Sep 2024
Germany blocks oil carbon credits over Chinese fraud concerns
Upstream Emission Reduction (UER) projects relate to production before raw material for hydrocarbons reach a refinery or storage facility. Germany’s Federal Environment... (photo: AP / Andy Wong, File)
Emissions   Germany   Oil   Photos


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