Oil and Gas
Oil firms despite China gloom
London (AFP) Sept 23, 2015 - Oil prices edged higher Wednesday, in line with rising European equities, but gains were capped by gloomy Chinese manufacturing data, analysts said.
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Oil, gas production in Gulf of Mexico largely shut off as Ike looms
Washington (AFP) Sept 11, 2008 - Oil and natural gas production in the Gulf of Mexico has been largely shut off as Hurricane Ike looms, the US Department of Energy said Thursday, adding however that the storm was likely to spare most Gulf energy installations.
Oil and Gas
Oil, gas sector emission pledges stalling: report
Paris (AFP) Sept 6, 2023 - Oil and gas sector emission reduction pledges have stalled and in some cases gone backwards, a report said on Thursday, warning that many corporate climate plans were not credible.
Oil and Gas
Oil execs on trial in Sweden over Sudan war crimes role
Stockholm (AFP) Sept 5, 2023 - A Swedish oil company allegedly knew that Sudanese armed forces would use violence to secure areas in which it wanted to operate, prosecutors said Tuesday as two former executives faced war crimes charges.
Oil and Gas
Oil drops on weak economic data from China, Japan
New York (AFP) Sept 08, 2014 - Oil prices dropped Monday with the European benchmark contract slipping below $100 a barrel on concerns about fragile demand, heavy supply and a strengthening US dollar.
Oil and Gas
Oil dips amid US holiday, China data
London (AFP) Sept 01, 2014 - Global oil prices slid on Monday in subdued deals before a public holiday in the United States and as dealers digested weak Chinese manufacturing data, analysts said.
Oil and Gas
Oil drilling sparks Indigenous outcry as spills tarnish Ecuador Amazon
Guiyero, Ecuador (AFP) Sept 4, 2024 - A thick slick of oil covers part of an estuary in the Ecuadoran Amazon, where the Indigenous Waorani people are imploring authorities to stop drilling for the black gold that keeps spilling into their environment.
Oil and Gas
Oil bounces on Saudi-Russian pledge to steady prices
London (AFP) Sept 5, 2016 - Oil rallied by up to five percent on Monday as top global producers Russia and Saudi Arabia vowed to stabilise the market after meeting at the G20 in China.
Oil and Gas
Oil-rich Norway struggles to beat its ‘petroholism’
Oslo (AFP) Sept 8, 2017 - For climate reasons as much as economic prudence, Norway is trying to cut its dependence on oil, a godsend that has made the small Scandinavian country rich beyond its dreams - which is exactly what makes it hard to pass up.
Energy Tech
Obama asks for millions for oil, gas oversight
Washington (AFP) Sept 14, 2010 - US President Barack Obama on Monday asked Congress for more than 90 million dollars to reform oversight of the offshore oil and gas industry, following the Gulf of Mexico oil disaster.
Oil and Gas
OPEC sees oil demand growing over next two decades
Vienna (AFP) Sept 28, 2021 - OPEC said Tuesday it expects oil demand to rise between now and 2045, and remain the dominant source of energy despite warnings that it must fall to combat climate change.
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OPEC pushes oil interests for UN climate talks
Vienna (AFP) Sept 10, 2009 - Oil producers' interests must be represented at a major UN climate change summit in December, the president of the OPEC crude producers' cartel urged at its output meeting on Wednesday.
Oil and Gas
OAS chief says should not rule out Venezuela ‘military intervention’
Cucuta, Colombia (AFP) Sept 15, 2018 - The head of the Organization of American States on Friday said military intervention to overthrow Nicolas Maduro's Venezuelan government must not be ruled out for the country mired in economic and humanitarian crisis.
Oil and Gas
Norway’s oil fund demands carbon neutrality by 2050
Oslo (AFP) Sept 20, 2022 - Norway's sovereign wealth fund, the largest in the world, announced Tuesday that it will require that the approximately 9,000 companies it has invested in worldwide achieve zero net carbon emissions by 2050.
Oil and Gas
Norway’s wealth fund to close Shanghai office
Oslo (AFP) Sept 7, 2023 - Norway's massive sovereign wealth fund, the world's biggest, said Thursday it will close its representative office in Shanghai but the move will not affect its investments in China.
Oil and Gas
Norway’s sovereign fund bars US Duke over pollution
Oslo (AFP) Sept 7, 2016 - Norway's sovereign wealth fund, the world's biggest, has placed US group Duke Energy and three subsidiaries on its blacklist for causing unacceptable environmental damage, Norway's central bank said Wednesday.