Oil News and Gas News
February 19, 2025
OIL AND GAS
Brazil joins OPEC charter on energy cooperation



Brasilia (AFP) Feb 18, 2025
Brazil announced Tuesday that it was joining a charter of the Organization of Petroleum Exporting Countries (OPEC) and its allies that is aimed at discussing the transition away from fossil fuels. President Luiz Inacio Lula da Silva said in December 2023 that Brazil - the world's eighth-largest oil producer - would participate in OPEC+ without giving details on how it would do so. OPEC+ is made up of the 12 main OPEC members plus ten other top crude oil producers, all of whom cooperate to regu ... read more

BIO FUEL
Solar-powered reactor extracts CO2 from air to produce sustainable fuel
London, UK (SPX) Feb 18, 2025
A team of researchers at the University of Cambridge has designed a solar-powered reactor that directly captures carbon dioxide from the atmosphere and transforms it into sustainable fuel. This inno ... more
BIO FUEL
Why Expanding the Search for Climate-Friendly Microalgae is Essential
Sydney, Australia (SPX) Feb 18, 2025
New research underscores the immense potential of microalgae in combating climate change while emphasizing the need for targeted bioprospecting efforts to fully leverage their benefits. A rece ... more
OIL AND GAS
Baghdad hopes to resume Kurdish oil exports within week: minister
Baghdad (AFP) Feb 17, 2025
Iraq's oil minister said Monday that crude exports from the autonomous Kurdistan region to Turkey should resume within a week, ending two years of wrangling. ... more
OIL AND GAS
Sudan says 'no obstacles' to Russian Red Sea naval base
Moscow (AFP) Feb 12, 2025
Sudan's foreign minister said on Wednesday there were "no obstacles" to Russia's bid to establish a naval base on the country's Red Sea coast. ... more
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OIL AND GAS
BP executive promises 'reset' after profits fell in 2024
Washington DC (UPI) Feb 11, 2025
BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on Tuesday after a dip in annual profits and a threat from an influential activist investor. ... more
OIL AND GAS
Did cuts to shipping emissions spur more global warming?
Paris (AFP) Feb 10, 2025
Could a sudden drop in pollution from cargo vessels criss-crossing global shipping lanes be inadvertently making the world hotter? ... more
OIL AND GAS
Lula pushes mega-oil project as Brazil prepares to host COP30
Sao Paulo (AFP) Feb 8, 2025
Brazil's president this week amped up pressure for a major oil project to go ahead at the mouth of the Amazon River, despite criticism from environmentalists as the country prepares to host UN climate talks in November. ... more
OIL AND GAS
Airbus acknowledges slow progress on hydrogen plane
Paris (AFP) Feb 7, 2025
Airbus acknowledged on Friday that progress on developing an aeroplane operating on hydrogen was slower than expected, but said it was not reviewing its approach to decarbonising aviation. ... more

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OIL AND GAS
US sanctions network delivering Iranian oil to China
Washington (AFP) Feb 6, 2025
The US Treasury announced financial sanctions on Thursday, the first under the new administration of Donald Trump, that target an "international network" accused of shipping Iranian oil to China to fund Tehran's military activities. ... more
OIL AND GAS
Oil giants TotalEnergies, Equinor reduce low-carbon investments
Paris (AFP) Feb 5, 2025
French oil and gas giant TotalEnergies said Wednesday it would reduce its low-carbon energy investments while Norwegian peer Equinor scaled back its renewables ambitions as the companies reported sharp drops in annual profits. ... more
OIL AND GAS
TotalEnergies reduces low-carbon investments as profit falls
Paris (AFP) Feb 5, 2025
French oil and gas major TotalEnergies said on Wednesday it would reduce its investments in low-carbon energy as it posted a sharp drop in net profit for 2024. ... more
OIL AND GAS
Norway's Equinor scales back renewable energy aims as profit falls
Oslo (AFP) Feb 5, 2025
Norwegian oil and gas giant Equinor said on Wednesday it would scale back its renewable energy ambitions as it reported a steep drop in net profit in 2024. ... more
OIL AND GAS
Trump seeks species protection rollbacks to promote US drilling
Washington (AFP) Feb 4, 2025
US President Donald Trump's administration is moving to roll back protections for endangered species and their habitats in a bid to advance his "drill, baby, drill" energy agenda. ... more
OIL AND GAS
Australian 'green' hydrogen project under threat
Sydney (AFP) Feb 4, 2025
A major Australian "green" hydrogen project was in limbo Tuesday after a state government withdrew its backing, dealing a blow to the nation's renewable energy ambitions. ... more
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OIL AND GAS
Trump's point man for drilling agenda confirmed by Senate
Washington (AFP) Jan 31, 2025
The US Senate on Thursday confirmed Donald Trump's pick to lead the Interior Department, a role that oversees the nation's vast public lands and waters that are vital to the president's agenda of expanding drilling. ... more
OIL AND GAS
Trump says oil and gas tariffs may come around Feb 18
Washington (AFP) Jan 31, 2025
US President Donald Trump said Friday that China, Canada and Mexico would not be able to forestall Washington's fresh tariffs due this weekend, adding that levies on oil and gas could come around mid-February. ... more
BIO FUEL
Turning farm waste into sustainable roads
Coral Gables, FL (SPX) Jan 30, 2025
A typical road is made of rocks and sand held together by petroleum to create the smooth surfaces we drive on every day. But some of these materials come at a cost: during the production and install ... more
OIL AND GAS
Scottish court rules against two new North Sea oil and gas fields
London (AFP) Jan 30, 2025
A Scottish court on Thursday ruled against the development of two oil and gas fields in the North Sea in a "historic win" for two environmental groups. ... more
OIL AND GAS
Shell annual profit drops to $16 bn as oil prices fall
London (AFP) Jan 30, 2025
British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs. ... more
BIO FUEL
New Green Phosphonate Chemistry Explored
Berlin, Germany (SPX) Jan 30, 2025
Phosphorus, a vital raw material, is in dire need of more efficient recycling methods. The increasing demand for environmentally sustainable production techniques for organic phosphorus compounds hi ... more
BIO FUEL
Chemical looping turns environmental waste into fuel
Columbus OH (SPX) Jan 30, 2025
Turning environmental waste into useful chemical resources could solve many of the inevitable challenges of our growing amounts of discarded plastics, paper and food waste, according to new research ... more
OIL AND GAS
Ukrainian drone barrage on Russia kills two, hits oil refinery
Kyiv, Ukraine (AFP) Jan 29, 2025
A Ukrainian drone attack killed a mother and her toddler in a Russian border region on Wednesday, Russian officials said, as Kyiv launched a major overnight barrage that set an oil refinery ablaze and targeted a nuclear facility. ... more
OIL AND GAS
Development of a 2-liter ammonia fueled engine
Tokyo, Japan (SPX) Jan 24, 2025
A 2-liter engine powered by ammonia, a renewable and zero-carbon energy source, has been developed to serve as a versatile platform for applications such as vehicles, ships, aircraft, and industrial ... more
OIL AND GAS
Trump moves to redesignate Houthi rebels as a Foreign Terrorist Organization
Washington DC (UPI) Jan 23, 2025
President Donald Trump moved on Wednesday to re-designate the Iran-proxy Houthi militia as a Foreign Terrorist Organization, as he continues to undo the policies of former President Joe Biden during his first days back in office. ... more
OIL AND GAS
126 NGOs oppose funding of TotalEnergies Mozambique LNG project
Washington DC (UPI) Jan 22, 2025
An open letter Wednesday signed by 126 non-governmental organizations urged public and private lending institutions to end financing for a Mozambique liquified natural gas facility being built by France's TotalEnergies. ... more
BIO FUEL
For clean ammonia, MIT engineers propose going underground
Boston MA (SPX) Jan 22, 2025
Ammonia is the most widely produced chemical in the world today, used primarily as a source for nitrogen fertilizer. Its production is also a major source of greenhouse gas emissions - the highest i ... more
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OIL AND GAS
Clean hydrogen in minutes with microwave energy innovations
Tokyo, Japan (SPX) Jan 22, 2025
A pioneering research team at POSTECH, led by Professor Gunsu S. Yun and doctoral candidate Jaemin Yoo from the Department of Physics and Division of Advanced Nuclear Engineering, alongside Professo ... more
OIL AND GAS
Oil spill unchecked in Nigeria's delta region: activists
Lagos (AFP) Jan 21, 2025
Oil has spilled for weeks in Nigeria's delta region from a well apparently damaged by thieves and which has also sparked a fire that has yet to be contained, environmental activists said Tuesday. ... more
OIL AND GAS
Trump leaves Paris climate agreement, doubles down on fossil fuels
Washington (AFP) Jan 21, 2025
President Donald Trump on Monday announced the United States' withdrawal from the Paris climate accord for a second time, a defiant rejection of global efforts to combat planetary warming as catastrophic weather events intensify worldwide. ... more
BIO FUEL
From lab to field: CABBI pipeline delivers oil-rich sorghum
Omaha NB (SPX) Jan 20, 2025
Researchers at the Center for Advanced Bioenergy and Bioproducts Innovation (CABBI) have developed a new sorghum variant that can outperform soybeans in oil production, with great potential as a cle ... more
OIL AND GAS
Nord Stream methane release highlights scale of emissions
Berlin, Germany (SPX) Jan 16, 2025
In late September 2022, damage to the Nord Stream pipelines led to an unprecedented release of nearly 500,000 tonnes of methane into the atmosphere. This represents the largest single event of metha ... more
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