oil

$80 oil sparks mixed fortunes for world economy

by Benoît PELEGRIN Agence France-Presse LONDON, United Kingdom (AFP) - Oil prices jumped above $80 this week for the first…

OPEC sees oil demand growing over next two decades

VIENNA, Austria (AFP) - OPEC said Tuesday it expects oil demand to rise between now and 2045, and remain the…

Iraq launches project to reduce flaring at oilfields

BAGHDAD, Iraq (AFP) - Iraq has launched a new project that aims to recover gas normally set alight during oil extraction…

Crews work to contain oil spill in Gulf after Ida’s passage

WASHINGTON D.C., United States (AFP) - Workers have deployed containment booms and skimmer devices as they attempt to contain a…

Israel freezes UAE oil deal over environmental concerns

JERUSALEM, Undefined (AFP) — Israel's environmental protection ministry said Sunday it was delaying implementation of a proposed oil transport deal…

OPEC+ summit could lead to modest rise in oil output

by Benoît PELEGRIN LONDON, United Kingdom (AFP) -- The OPEC+ group of oil-producing countries are to meet Thursday and are…

Oil refinery fire in Iran capital under control

TEHRAN, Iran (AFP) -- A major fire that tore through an oil refinery in the Iranian capital had been brought…

Large blaze at refinery in Iranian capital

TEHRAN, Iran (AFP) -- A fire raged Wednesday at a southern Tehran oil refinery after a leak in a liquefied…

Biden administration halts oil drilling in Alaska wildlife refuge

by John BIERS WASHINGTON, United States (AFP) -- US President Joe Biden's administration announced Tuesday it was halting petroleum development…

Panic buying shuts down US gas stations as pipelines begin to reopen

by Heather SCOTT and Virginie MONTET WASHINGTON, United States (AFP) -- The major US pipeline network forced offline by a…

Pipeline shutdown sparks fear of US gasoline shortage

by Heather SCOTT WASHINGTON, United States (AFP) -- Fears the shutdown of a major fuel pipeline network would cause a…

Lebanon, Israel hold talks over maritime border

NAQURA, Lebanon (AFP) -- Lebanon and Israel held US-mediated negotiations over their disputed maritime border on Tuesday after a months-long…

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