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... (photo: AP / George Osodi) Offshore Technology Africa Nigeria Oil Photos |
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... (photo: AP / Amr Nabil) Offshore Technology Climate change Oil Photos Saudi Arabia |
Oil gains more ground amid output disruptions Fri 13 Sep 2024 New York/Singapore — Oil prices rose on Friday, extending a rally sparked by output disruptions in the US Gulf of Mexico, where Hurricane Francine forced producers to... (photo: Creative Commons) Business Day Energy Global Trading Oil Photos |
Big Oil Faces Rising Number of Climate Lawsuits: Report Thu 12 Sep 2024 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... (photo: Creative Commons) WhoWhatWhy Climate change Energy Oil Photos |
UK imposes sanctions on 10 ships in crackdown on Russia’s shadow oil fleet Wed 11 Sep 2024 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) AOL Britain Oil Photos Russia |
Disruption worries drive oil’s recovery Wed 11 Sep 2024 Tokyo — Oil 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) Business Day Gas Global Trading Oil Photos |
Oil weaker as poor demand counters supply disruptions Tue 10 Sep 2024 Houston/Tokyo — Oil 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) Business Day Energy Global Trading Oil Photos |
Exxon pulls out of Namibia oil race Mon 9 Sep 2024 London — ExxonMobil has withdrawn from the race to buy half of Galp Energia’s stake in a large oil discovery in Namibia that has attracted interest from top energy...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 Day Business Global Trading Oil Photos |
Germany blocks oil carbon credits over Chinese fraud concerns Mon 9 Sep 2024 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) Offshore Technology Emissions Germany Oil Photos |
AI likely to weigh on oil prices over the next decade, Goldman says Mon 9 Sep 2024 Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via improved logistics and increasing the amount of... (photo: Creative Commons) CyprusMail Artificial intelligence Energy Oil Photos |
America is pumping so much oil that gas could be below $3 by Thanksgiving Fri 6 Sep 2024 The oil market is in another tailspin. Producer group OPEC+ is scrambling to stop the bleeding. And gas prices are falling fast, with more to come. All of this is music... (photo: Public Domain) CNN Gas Oil Photos United States |
Oil steady as investors eye US jobs report Fri 6 Sep 2024 New York/Beijing — Oil prices ticked up in Asian trading on Friday, with investors exercising caution ahead of key US employment data as they weighed a big withdrawal... (photo: European Community / Christophe Licoppe) Business Day Energy Global Trading Oil Photos |
Oil inches higher on possible delay to Opec+ supply hike Thu 5 Sep 2024 Houston/Singapore — Oil prices edged up after plunging to multimonth lows previously as major producers may delay an output increase planned for October and US... (photo: Creative Commons) Business Day Energy Global Trading Oil Photos |
Oil falls further on easing Libyan dispute Wed 4 Sep 2024 Singapore — Oil prices fell on Wednesday, extending a plunge of more than 4% the previous day, on the expectation that a political dispute halting Libyan exports could be... (photo: AP / Hussein Malla) Business Day Energy Global Trading Oil Photos |
Oil slips as weak demand counters Libyan blockade Tue 3 Sep 2024 Beijing — Brent oil prices slid in Asian trade on Tuesday as concern about a sluggish economy in China bringing down demand outweighed the effect of a blockade of oil... (photo: Creative Commons) Business Day Energy Global Trading Oil Photos |
Weak Chinese data weighs on oil Mon 2 Sep 2024 Singapore — Oil prices extended losses on Monday on the expectation for higher Opec+ production starting in October and as signs of sluggish demand in China and the US,... (photo: AP / Eugene Hoshiko) Business Day Economy Global Trading Oil Photos |
Oil prices edge up amid supply concerns in Libya and Iraq Fri 30 Aug 2024 Oil prices nudged up on Friday with global supply concerns triggered by Libya oil field shutdown and coupled with reports of planned Iraqi production cuts. International... (photo: AP / Charlie Riedel, File) Anadolu Agency Business Global Trading Oil Photos |
Greek tanker attacked in Red Sea appears to be leaking oil, US says Wed 28 Aug 2024 The Greek-flagged Sounion crude oil tanker is still on fire after being attacked by Yemen’s Houthi group last week, and appears to be leaking oil, the Pentagon has said.... (photo: European Union's Operation Aspides via AP) Al Jazeera Gaza Houthis Middle East Photos |
Oil holds steady after sharp drop on Tuesday Wed 28 Aug 2024 Bengaluru — Oil was little changed on Wednesday after a sharp drop in the previous session ended a three-day streak of gains, amid persistent concerns over both potential... (photo: AP / Tatan Syuflana) Business Day Energy Global Trading Oil Photos |
Oil slips after gains due to Libyan outages and Middle East tension Tue 27 Aug 2024 Beijing — Oil prices paused their recent advances, receding on Tuesday after surging more than 7% in the previous three sessions on supply concerns prompted by fears of a... (photo: Creative Commons) Business Day Energy Global Trading Oil Photos |