Tag: oil

• Thursday, September 28th 2023 - 08:35 UTC

  Guyana: oil and time

  

  By Gwynne Dyer – Guyana is not a “hellhole country” of the sort Donald Trump complained about when he said he wanted immigrants to come to the US from white places like Norway instead, but it did used to be poor, tropical and largely populated by people of color.

• Friday, August 4th 2023 - 10:08 UTC

  Greenpeace “No New Oil” activists, take their protest to PM Sunak's country estate

  

  Greenpeace activists carried out a protest on the roof of the country estate belonging to UK Prime Minister Rishi Sunak on Thursday. Sunak was not at home at the time as he is on holiday with his family in California.

• Wednesday, July 12th 2023 - 21:03 UTC

  Shell considers cutting oil and gas production “dangerous and irresponsible”

  

  Cutting oil and gas production would be “dangerous and irresponsible”, the boss of energy giant Shell has told the BBC. Wael Sawan insisted that the world still “desperately needs oil and gas” as moves to renewable energy were not happening fast enough to replace it.

• Tuesday, May 2nd 2023 - 10:15 UTC

  Bolivia finds new oil well, President Arce announces

  

  Bolivian President Luis Arce Catacora Monday announced the discovery of the YOPE-X1 hydrocarbon well in the municipality of Yapacani, in the department of Santa Cruz, it was reported.

• Wednesday, April 12th 2023 - 11:00 UTC

  IEA insists increasing fossil fuel production contradicts goals to stop global warming

  

  Fatih Birol, head of the powerful International Energy Agency, (IEA),, the Paris-based organization led by the energy ministers of mostly rich countries, has warned that companies that increase fossil fuel production are contradicting goals to stop the planet warming.

• Wednesday, December 28th 2022 - 10:00 UTC

  Putin bans sale of oil to countries that abide the US$ 60 cap on Russian crude

  

  President Vladimir Putin announced Russia was banning the supply of Russian oil and oil products to countries that impose a price cap, allowing deliveries to those nations only on the basis of a special permission from the Kremlin leader.

• Wednesday, November 9th 2022 - 09:44 UTC

  Extension granted to companies searching for oil off Argentina's shores

  

  Argentina's Energy Secretariat extended until 2024 the oil offshore exploration permits of ExxonMobil and Qatar Petroleum (QP) to operate in the Argentine Sea, it was reported earlier this week in the Official Gazette.

• Thursday, October 13th 2022 - 21:01 UTC

  Brazil's oil and gas output reaches 3.967 mn bpds

  

  Brazil's oil and natural gas production in the month of August of 2022 reached 3.967 million barrels per day (bpd), the National Agency of Petroleum, Natural Gas and Biofuels (ANP) reported Thursday in the Dynamic Panel of Oil and Natural Gas Production.

• Tuesday, September 20th 2022 - 10:19 UTC

  Iran trying to recover the Chinese oil market share which Russia has taken over

  

  Iran is reportedly gearing up to slash the price of its sanctioned crude oil stored offshore Singapore, in an attempt to recover the China market from Russia, reports The Straits Times quoting local industry sources.

• Saturday, July 16th 2022 - 10:06 UTC

  Europe overtakes Asia as first buyer of US oil in five months of 2022

  

  During the first five months of the year Europe has overtaken Asia as the biggest buyer of US crude, having imported 213.1 million barrels, while Asia imported 191.1 million barrels, Bloomberg reported, citing Census Bureau data. This is the first time in six years that Europe has been a bigger buyer of U.S. crude than Asia.