oil

Tanzania, Uganda, ink deal on $3.5b oil pipeline project

DAR ES SALAAM, Tanzania (AFP) — Tanzania and Uganda signed an agreement Sunday to commence construction on a 1,445-kilometre (900…

Large oil spill washes up to Venezuela shores

CARACAS, Venezuela (AF) — Oil has washed up to Venezuela's west coast after a leak in a pipeline that takes crude…

Smuggled gasoline rescues Venezuelans running on fumes

by Luis Bravo with Margioni Bermudez in Caracas Agence France-Presse MARACAIBO, Venezuela (AFP) — Cheap gasoline smuggled over the border…

Mauritian citizen becomes powerful voice for oil spill anger

by Shenaz Patel and David Constantin Agence France-Presse In normal times, Bruneau Laurette spends his days providing armed escort to…

“Ecological disaster”: Ship that oozed oil off Mauritius coast splits in two

  PORT LOUIS, Mauritius (AFP) -- A ship that has leaked more than 1,000 tonnes of oil in pristine waters…

Shell dives to $18.1bn Q2 loss on virus-hit oil market

LONDON, United Kingdom (AFP) — Anglo-Dutch energy major Royal Dutch Shell posted Thursday a colossal net loss of $18.1 billion…

Zimbabwe increases fuel price by 150 percent

HARARE, Zimbabwe (AFP) — Zimbabwe on Wednesday announced a 150 percent rise in the price of fuel following the launch…

Dredger runs aground off Zambales; PCG says it is “on top of situation”

(Eagle News)--The Philippine Coast Guard has deployed a response team to inspect a dredger that ran aground off Zambales last…

UAE says low oil price unsustainable, warns of shocks

DUBAI, United Arab Emirates (AFP) -- UAE Energy Minister Suheil al-Mazrouei said on Monday current low oil and gas prices…

Huge fire breaks out at India gas well blowout

GUWAHATI, India (AFP) -- A huge fire broke out at an oil field near popular ecotourism spots in northeastern India…

Weak demand pushing oil, gas toward ‘terminal decline’: report

by Marlowe HOOD Agence France-Presse PARIS, France (AFP) — Falling fossil fuel demand coupled with mounting risk for investors could…

Saudi Aramco Q1 profit dives, says virus to hit 2020 results

RIYADH, Saudi Arabia (AFP) -- Energy giant Saudi Aramco on Tuesday reported a 25 percent slump in first-quarter net profits…

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