Oil prices hit 7-year high on security jitters

 

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Ruptured pipeline kills thousands of animals — RT World News

A major pipeline rupture in Louisiana spilled more than 300,000 gallons of diesel into nearby ponds, killing thousands of fish and other animals before it could be recovered, according to records obtained by the Associated Press.

US Pledges To sharply Reduce Methane Emissions - UrduPoint

The Biden administration announced new regulations during the global climate summit on Tuesday aimed at "sharply" reducing methane emissions by the oil and natural gas industry.

Five People Killed in Fire on Oil Platform in Gulf of Mexico, 2 Went Missing, Pemex Company Says - Sputnik International

(Sputnik) - Five people were killed, two were missing and six were injured in a fire on Pemex's offshore platform in the Gulf of Mexico, the company's CEO, Octavio Romero Oropeza, said on Monday.

Explosión en plataforma de Pemex en el golfo de México | Un muerto, heridos y desaparecidos dejó explosión

 

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How this Wildlife Paradise Became a Big Oil Victim

 

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Frachter verliert Öl vor Japans Küste

 

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Anti-Fracking Group Slams EPA For Allowing Toxic Chemicals To Be Used In Drilling - UrduPoint

The Better Path Coalition is disturbed about a new watchdog report that found the Environmental Protection Agency (EPA) allowed oil and gas companies to use toxic chemicals during the fracking process, group co-founder Karen Feridun told Sputnik.

One of the most polluted places on Earth - Ogoniland, Nigeria | DW News

 

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"Deep Sea No.1" energy station settles in South China Sea

 

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 A 100,000-metric-tonne deep-water semi-submersible oil production and storage facility has been settled in the South China Sea

Israel's EAPC pipeline company says it will bring UAE oil to Europe in new deal | Al Arabiya

Israeli pipeline company EAPC said on Tuesday it signed a preliminary deal to help transport oil from the United Arab Emirates to Europe via a pipeline that connects the Red Sea city of Eilat and the Mediterranean port of Ashkelon.

New discovery highlights Egypt's potential as emerging oil producer

A new oil discovery in the Western Desert of Egypt could unlock a new area for production gains in the country, Italian energy company Eni said Monday.

OPEC approves output rise of about 1 Mn barrels

OPEC members have agreed on a combined increase in crude oil output of one million barrels per day, the oil minister of the cartel's kingpin Saudi Arabia said Friday.

Oil prices spike sharply after OPEC fails to deliver

Crude oil prices were soaring in early Friday trading after OPEC apparently disappointed with the terms of a consensus agreement on production.

New Shipping Regulations to Push Oil Prices to $90 by 2020 : Morgan Stanley

International efforts to reduce air pollution has lifted the hopes of oil traders, as new shipping regulations are expected to boost demand for lower sulfur fuels, raising demand for crude, as the bank’s analysts report. The current growth in oil prices already exceeds earlier predictions amid OPEC supply cuts and US sanctions against Iran.

Russia's Rosneft reaps rewards from higher oil prices

Russian oil company Rosneft said Monday its revenue increased more than 20 percent from last year, even as its production levels declined.

Indonésie: au moins 10 morts dans l'incendie d'un puits de pétrole illégal

Au moins dix personnes ont péri et des dizaines ont été blessées dans l'incendie mercredi d'un puits de pétrole illégal dans l'ouest de l'Indonésie, ont indiqué les autorités de ce pays d'Asie du Sud-Est.

Oil Prices Rise Amid Lower US Stockpiles, Rising Global Tensions

International oil prices are posting steady increases due to higher energy consumption in the US, Saudi Arabia's continued commitment to production cuts and rising global political uncertainty.

Europe Buyer of 40% of Iran’s Oil Exports in February

About 40 percent of Iranian oil exports in February was sold to European companies, including the global oil giant Royal Dutch Shell and Italy’s Eni.

Norway to review oil and gas pension investments

Following advice from its central bank, the Norwegian Ministry of Finance said it would consider whether oil and gas stocks should be in a pension fund.