English

More about this topic

Earth News

Will Norway's oil industry topple under the new left-wing government?

Despite left-wing success, the absence of the Green party in the new coalition could mean oil production is still firmly on Norway’s economic agenda.

Norway

Is Norway ready for a crude awakening over its oil industry?

Norway's two biggest parties have not committed to ending the country's lucrative oil industry and help save the planet. But some of their potential coalition partners have.

Nature

Europe’s reliance on used cooking oil is fuelling deforestation

A new report suggests turning wasted chip fat into clean energy is actually making climate change worse.

Earth News

Why Trump’s final attempt to drill Arctic oil was an ‘epic failure’

Parts of the Arctic National Wildlife Refuge have just been auctioned off for oil drilling.

ADVERTISEMENT

World

What will prompt Gulf energy companies to merge post-pandemic?

Worldwide lockdowns, shrinking demand and a supply glut have sent shockwaves through the oil & gas sector, plus oil-reliant economies in the Middle East.

World

As solar energy rises in the Middle East, will the sun set on the oil & gas sector?

As a plentiful source of energy, the sun’s rays have the potential to energize our daily lives with less damage to our planet than fossil fuels.

Earth News

Massive sponge created to soak up oil spills in the ocean

This revolutionary new sponge could save marine life from the damaging effects of marine pollution.

Greece

Greece told to 'save your paradise' as oil companies move in

Greece told to 'save your paradise' as oil companies move in

World

US expected to eliminate Iranian oil waivers; China opposes plan

The United States is expected to announce the end of waivers to countries who currently buy oil from Iran. China has responded to the US threat saying bilateral cooperation with Iran is 'in accordance with the law'.

Qatar

Qatar to withdraw from OPEC

Qatar, which will withdraw from OPEC in January 2019, is the first Gulf country to leave the bloc of oil-producing nations

World

ADIPEC: UAE & Saudi Arabia strike LNG deal, oil ministers talk production cuts

The Abu Dhabi International Petroleum Exhibition & Conference gathered more than 140,000 visitors in the UAE capital for its 21st edition.

World

Was it a good year for oil revenues in the GCC region?

Marking one of the biggest drops since the oil price collapse of 2014, the global benchmark Brent has fallen more than 20% since early October.

Saudi Arabia

Saudi Arabia ready to increase oil output

The leader of Saudi Arabia promised President Donald Trump that he can boost oil production if needed and the country has 2 million barrels per day of spare capacity available.

Europe News

Is there a way to keep doing business with Iran after US sanctions?

Diplomatic and business figures have gathered in Brussels at the "Iran Forum" to discuss ways to stop the Iran nuclear deal from collapsing after the US re-imposition of sanctions.

Business

ADNOC CEO: 'We simply can and should invest in downstream'

The CEO of oil giant ADNOC spoke to Euronews about plans to increase investment on downstream oil market

Iran

Tehran proposes 50% increase in domestic fuel prices

Measure prompts speculation and concern on social media.

Target

Madagascar's oil potential

Convinced of its oil potential, Madagascar wants to draw foreign investors to the island.

Economy

OPEC and Russia agree to extend oil cut

Venezuela

Maduro ready 'to be a dictator' to help Venezuela

Venezuela continues to reel under a political and economic crisis but President Nicholas Maduro shows no sign of changing course. Maduro says he's willing to be a dictator if it will help turn the country around.

World News

Total to buy Maersk Oil for 6.4 billion euros

Total boosts North Sea business with 6.4 billion euros deal with Maersk Oil