Oil News and Gas News
April 01, 2025
OIL AND GAS
China discovers major new oilfield off Shenzhen



Beijing (AFP) Mar 31, 2025
China's National Offshore Oil Corporation (CNOOC) said Monday it has discovered a major oilfield in the eastern South China Sea, with proven reserves exceeding 100 million tonnes. The Huizhou 19-6 oilfield lies about 170 kilometres (100 miles) from Shenzhen in south China's Guangdong Province, Beijing's Xinhua news agency said. Test drilling has yielded a daily production of 413 barrels of crude oil and 68,000 cubic meters of natural gas, the CNOOC said. The state-owned oil giant's CEO, Zhou ... read more

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Tunisian startup turns olive waste into clean energy
Sanhaja (AFP) Mar 29, 2025
In a northern Tunisian olive grove, Yassine Khelifi's small workshop hums as a large machine turns olive waste into a valuable energy source in a country heavily reliant on imported fuel. ... more
OIL AND GAS
Rubio warns Venezuela of force if it attacks oil-rich Guyana
Georgetown, Guyana (AFP) Mar 27, 2025
Top US diplomat Marco Rubio on Thursday issued a stern warning against Venezuela if it attacks its newly oil-rich neighbor Guyana, brandishing the power of the US military to protect the small South American nation. ... more
OIL AND GAS
Ugandan environmentalists demand banks halt new funding for oil project
Kampala (AFP) Mar 27, 2025
The East African Crude Oil Pipeline project (EACOP) announced it had secured the first part of financing to move crude from Uganda to a Tanzanian port, prompting environmentalists on Thursday to call on banks to withdraw their support. ... more
OIL AND GAS
Just Stop Oil activist group says to stop climate protest stunts
London (AFP) Mar 27, 2025
British environmentalactivist group Just Stop Oil said on Thursday it would halt its high-profile climate protest stunts after a final demonstration in London in April. ... more
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Airlines cast doubt on EU sustainable fuel targets
Brussels, Belgium (AFP) Mar 27, 2025
Major European airlines on Thursday urged the European Union to reconsider green targets for the sector unless production of renewable fuels picks up and costs can be brought down. ... more
OIL AND GAS
Study questions Australian mine's methane reporting
Sydney (AFP) Mar 26, 2025
An Australian coal mine may have significantly underestimated how much greenhouse gas it belches into the atmosphere, researchers said Wednesday after publishing the findings of a monitoring mission. ... more
OIL AND GAS
China slams US 'interference' in Venezuela over Trump oil tariff threat
Beijing (AFP) Mar 25, 2025
China on Tuesday accused the United States of "interfering in Venezuela's internal affairs" after President Donald Trump announced 25 percent tariffs on imports from countries that bought oil and gas from the South American nation. ... more
OIL AND GAS
Brazil chief Raoni says will challenge Lula on Amazon oil project: AFP interview
Peixoto De Azevedo, Brazil (AFP) Mar 24, 2025
Brazilian environmental campaigner and tribal leader Raoni Metuktire is pitting himself against the government to stop plans for an oil mega-project at the mouth of the Amazon river. ... more

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OIL AND GAS
Shell plans to cut more costs, boost gas sales
London (AFP) Mar 25, 2025
British energy giant Shell on Tuesday announced plans to slash costs by billions of dollars and increase shareholder returns, as it focuses on its liquified natural gas (LNG) business. ... more
OIL AND GAS
Trump to impose sharp tariffs on countries buying Venezuelan oil
Washington (AFP) Mar 25, 2025
US President Donald Trump announced Monday steep tariffs on imports from countries buying Venezuelan oil and gas, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty. ... more
OIL AND GAS
Ecuador ministry says new Amazon fuel leak an 'attack'
Quito (AFP) Mar 22, 2025
Ecuador found a new leak in a fuel pipeline in the Amazon region on Saturday and dubbed it an "attack," days after another spill affected hundreds of thousands of people. ... more
OIL AND GAS
US sanctions Huthi-linked China oil refinery
Washington (AFP) Mar 21, 2025
The United States sanctioned on Thursday a China-based oil refinery that purchased Iranian oil worth around $500 million from Huthi-linked ships, as the White House ramps up pressure on Iran. ... more
OIL AND GAS
Trump advances another LNG project, drawing environmentalist ire
New York (AFP) Mar 19, 2025
President Donald Trump's administration advanced another major US natural gas export project on Wednesday, handing oil companies a win the same day as a White House meeting with industry executives. ... more
OIL AND GAS
Trump invites oil industry executives to White House for price, tariffs talks
Washington DC (UPI) Mar 19, 2025
Fifteen oil industry executives will meet with President Donald Trump at the White House Wednesday to discuss oil prices and tariffs. ... more
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OIL AND GAS
Ecuador declares 'force majeure' emergency, cuts exports over oil spill
Quito (AFP) Mar 19, 2025
Ecuador's state-owned oil company declared an emergency over a damaged pipeline and cut crude exports on Tuesday following a spill that polluted several rivers, leaving hundreds of thousands of people without drinking water, authorities said. ... more
OIL AND GAS
Greenpeace hit with $660 mn in damages in US pipeline suit
Washington (AFP) Mar 19, 2025
A jury in North Dakota on Wednesday ordered Greenpeace to pay hundreds of millions of dollars in damages in a closely watched lawsuit brought by a US pipeline operator, raising serious free speech concerns. ... more
OIL AND GAS
Blaze hits major Nigeria oil pipeline
Lagos (AFP) Mar 18, 2025
A fire broke out at a major pipeline in southern Nigeria, Africa's largest petrol producer, police said on Tuesday, adding they had arrested two people for questioning. ... more
OIL AND GAS
Huthis claim new attack on American warships, report new US strikes
Sanaa (AFP) Mar 18, 2025
Yemen's Huthis on Tuesday claimed their third attack on American warships in 48 hours, despite US strikes on the Iran-backed rebels that have sparked mass protests organised by the group. ... more
OIL AND GAS
Jury deliberates US pipeline case with free speech implications
Washington (AFP) Mar 17, 2025
A jury in North Dakota began deliberating Monday in a trial that has broad free speech implications, over a US oil pipeline operator's lawsuit seeking millions of dollars from Greenpeace for allegedly orchestrating a campaign of violence and defamation. ... more
OIL AND GAS
Trump says Iran 'will be held responsible' for Huthi attacks
Washington (AFP) Mar 17, 2025
President Donald Trump declared Monday he will hold Iran directly responsible for any future attacks by Yemen's Tehran-backed Huthi rebels, who have targeted US and other foreign ships in the Red Sea. ... more
OIL AND GAS
U.S. military launches 'decisive and powerful' strikes against Houthis
Washington DC (UPI) Mar 15, 2025
President Donald Trump on Saturday ordered the U.S. military to begin military strikes against Houthi targets in Yemen. ... more
OIL AND GAS
China urges 'dialogue' after Yemen rebels say attacked US carrier
Beijing (AFP) Mar 17, 2025
China on Monday called for "dialogue" and a de-escalation of tensions in the Red Sea after Yemen's Iran-backed Huthi rebels claimed to have twice attacked a US aircraft carrier group within 24 hours. ... more
OIL AND GAS
Oil spill in Ecuador river brings emergency declaration
Quininde, Ecuador (AFP) Mar 15, 2025
An oil spill in northwestern Ecuador has turned a river black, prompting authorities to declare an environmental emergency and order residents to ration drinking water. ... more
OIL AND GAS
Niger expels three Chinese oil executives: reports
Niamey, Niger (AFP) Mar 14, 2025
Niger's military rulers have expelled three Chinese oil executives from the country and closed down a Chinese-run hotel, media reports and an official decree indicated Friday. ... more
OIL AND GAS
China urges end to 'illegal' sanctions as it hosts Iran nuclear talks
Beijing (AFP) Mar 14, 2025
China urged an end to "illegal" sanctions on Iran as it hosted Iranian and Russian diplomats on Friday for talks Beijing hopes will restart long-stalled negotiations on Tehran's nuclear programme. ... more
OIL AND GAS
U.S. officials act to block illicit Iranian oil trade with China
Washington DC (UPI) Mar 13, 2025
Iran is operating a ghost fleet to sell oil to China in violation of existing sanctions, which U.S. officials seek to stop with the help of new sanctions. ... more
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OIL AND GAS
BP says gas leak stopped off coast of Senegal, Mauritania
Dakar (AFP) Mar 13, 2025
A natural gas leak that was ongoing for three weeks at a new field off the coasts of Senegal and Mauritania has been stopped, its operator BP said Thursday. ... more
OIL AND GAS
Iraq says seeking alternatives to Iran gas
Baghdad (AFP) Mar 13, 2025
Iraq is exploring alternatives to Iranian gas imports, including options in the Gulf, a government official said, as it seeks to reduce dependence on its sanctions-hit neighbour. ... more
OIL AND GAS
Iraq says seeking alternatives to Iran gas
Baghdad (AFP) Mar 13, 2025
Iraq is exploring alternatives to Iranian gas imports, including options in the Gulf, a government official said, as it seeks to reduce dependence on its neighbour after the United States ended an electricity sanctions waiver. ... more
OIL AND GAS
Nord Stream methane leak larger than initial estimates
Paris, France (SPX) Mar 11, 2025
A new study published in *Nature* reveals that the methane released from the Nord Stream gas pipelines in 2022 was more than twice the initially estimated volume. The leak, one of the largest human- ... more
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Eco friendly low-cost energy storage system from pine biomass
Madrid, Spain (SPX) Mar 10, 2025
The challenge of storing renewable energy efficiently remains a crucial factor in advancing sustainable power solutions. ... more
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