Oil News and Gas News
November 12, 2024
OIL AND GAS
Environment groups lose appeal in Shell climate case in the Netherlands



The Hague (AFP) Nov 12, 2024
Dutch judges ruled Tuesday against an appeal by climate groups who said oil giant Shell was not doing enough to curb its greenhouse gas emissions, striking down a landmark judgement three years ago. "The court's final judgement is that Milieudefensie's claims cannot be granted. The Appeals Court is therefore quashing the original judgement," judge Carla Joustra told the Hague Appeals Court. The ruling at the Hague Appeals Court comes as governments of some 200 countries gather at the COP29 talks ... read more

OIL AND GAS
Oil, gas 'gift of God', Azerbaijan president repeats at COP29
Baku (AFP) Nov 12, 2024
Azerbaijan's president, whose country is hosting the COP29 climate talks, on Tuesday repeated his insistence that oil, gas and other natural resources are a "gift of the God." ... more
OIL AND GAS
US warplanes attack Iran-backed Huthi targets in Yemen: Pentagon
Washington (AFP) Nov 10, 2024
US warplanes staged multiple strikes Saturday night on Iran-backed Huthi advanced weapons storage facilities in Yemen, the Pentagon said. ... more
OIL AND GAS
Harnessing oil and gas windfall profits for climate funding
Berlin, Germany (SPX) Nov 09, 2024
Negotiations over new financial commitments from industrialized nations to aid developing countries will be a focal point at the upcoming UN Climate Change Conference starting November 11. A study i ... more
OIL AND GAS
Researchers advance hydrogen jet engine design for sustainable aviation
Zurich, Switzerland (SPX) Nov 09, 2024
Europe is making strides toward climate-neutral air travel with a focus on sustainably produced hydrogen as fuel. In support of this, the EU launched a project last year to aid industry and academia ... more
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OIL AND GAS
U.S. secures 200 million barrels of oil for strategic reserve
Washington DC (UPI) Nov 8, 2024
The U.S. Department of Energy said Friday that 200 million barrels of oil have been bought and delivered for the strategic oil reserve. ... more
BIO FUEL
Waste heat from London sewers eyed to warm UK parliament
London (AFP) Nov 7, 2024
London landmarks including the UK parliament could be warmed by low-carbon heat powered by the River Thames, the London Underground train system and even the sewer network under new government plans. ... more
OIL AND GAS
Venezuela signs defense, energy deals with Russia; Greek tanker crippled by Huthi rebels starts oil transfer
Caracas (AFP) Nov 8, 2024
Venezuela and its most powerful ally Russia signed agreements Thursday on intelligence-gathering and counter-espionage as well as energy cooperation during a visit by a senior Kremlin official to Caracas. ... more
OIL AND GAS
LNG's climate credentials a complicated issue
Paris (AFP) Nov 8, 2024
Liquefied natural gas (LNG) has positioned itself as a "transition" fuel to replace highly polluting coal. While LNG burns cleaner than coal, its climate impact is darkened by energy-intensive production and frequent leaks from gas fields. ... more

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BIO FUEL
Sacred cow: coal-hungry India eyes bioenergy to cut carbon
Barsana, India (AFP) Nov 8, 2024
Venerated as incarnations of Hindu deities, India's sacred cows are also being touted as agents of energy transition by a government determined to promote biogas production to cut its dependence on coal. ... more
OIL AND GAS
Time running out for Canada to meet climate target: audit
Ottawa (AFP) Nov 7, 2024
Canada is fast running out of time to implement policies to slash greenhouse gas emissions in order to meet its Paris Agreement target, the environment commissioner warned Thursday. ... more
OIL AND GAS
Iraq inaugurates docks for major new Gulf port
Basra, Iraq (AFP) Nov 7, 2024
Iraqi Prime Minister Mohammed Shia al-Sudani inaugurated five docks on Thursday at a major new port the country is building on its narrow Gulf coast. ... more
OIL AND GAS
Greek tanker crippled by Huthi rebels starts oil transfer
Athens (AFP) Nov 7, 2024
A Greek oil tanker crippled by Yemen's Huthi rebels and towed to avert an environmental disaster began transferring its cargo of over a million barrels on Thursday, the state-run ANA news agency said. ... more
OIL AND GAS
Iraq Kurds hope to resume oil exports after Baghdad offers higher cost payments
Arbil, Iraq (AFP) Nov 6, 2024
Authorities in Iraq's autonomous Kurdish region said Wednesday they hoped oil exports could resume "as soon as possible" after the federal government offered higher cost payments to producers. ... more
OIL AND GAS
'Drill, baby, drill': Trump policy poses risks, opportunities for oil industry
New York (AFP) Nov 6, 2024
Donald Trump's election as US president brings back a champion of the oil industry to the White House, but experts warn that his push for low prices could be at odds with petroleum companies' priorities. ... more
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BIO FUEL
Bio-based fibers may have greater environmental impact than traditional plastics
London, UK (SPX) Nov 05, 2024
Bio-based materials, often promoted as eco-friendly replacements for conventional plastics, may present more significant risks to certain vital species than the plastic materials they aim to replace ... more
BIO FUEL
Cobalt copper tandem catalysts transform CO2 into renewable ethanol
Berlin, Germany (SPX) Nov 05, 2024
Researchers at Johannes Gutenberg University Mainz (JGU) have unveiled a pioneering approach to convert carbon dioxide (CO2) into ethanol, providing a sustainable alternative for chemical applicatio ... more
OIL AND GAS
Azerbaijan says 'God-given' oil and gas will help it go green
Baku (AFP) Nov 5, 2024
Flames soar into the air from a sandstone outcrop on a hillside on the Absheron peninsula near Baku, the capital of Azerbaijan, as it prepares to host the COP29 climate conference next week. ... more
OIL AND GAS
Azerbaijan: a country steeped in hydrocarbons
Paris (AFP) Nov 5, 2024
Azerbaijan, host of the upcoming United Nations COP29 climate summit, is a petrostate nestled between Russia and Iran. ... more
OIL AND GAS
Iran, Azerbaijan hold joint drills in Caspian Sea
Tehran (AFP) Nov 4, 2024
Iran and Azerbaijan began two days of joint naval exercises in the Caspian Sea on Monday, state media reported, signalling improving ties between the neighbours amid soaring regional tensions. ... more
OIL AND GAS
Canada proposes emissions cap on oil and gas sector
Ottawa (AFP) Nov 4, 2024
Canada proposed Monday establishing what it said would be one of the world's first greenhouse gas emissions cap-and-trade system for the oil and gas sector aimed at slashing pollution. ... more
OIL AND GAS
Fake X accounts promote COP hosts UAE, Azerbaijan
Paris (AFP) Nov 4, 2024
The social media platform X has for months been aflush with praise for United Arab Emirates and Azerbaijan in posts shared by hundreds of profiles - and all found to be fake. ... more
OIL AND GAS
Rwanda to stop registering petrol taxi-bikes in 2025
Kigali (AFP) Nov 4, 2024
Rwanda said Monday it will no longer register petrol-driven motorbike taxis from the new year as it seeks to transition towards electric vehicles. ... more
OIL AND GAS
Hydrogen: A Key Element for Sustainable Aviation
Los Angeles CA (SPX) Nov 02, 2024
Efforts to reduce CO2 emissions from vehicles have seen progress with electric and hybrid technologies, yet aviation continues to be a significant greenhouse gas contributor. Researchers from ACS Su ... more
OIL AND GAS
'Waiting in vain': year on from pledge, world clings to fossil fuels
Paris (AFP) Nov 1, 2024
One year after world leaders issued the landmark call for a global move away from fossil fuels, nations are failing to turn that promise into action, say climate diplomats, campaigners and policy experts. ... more
OIL AND GAS
COP29 at risk from graft, fossil fuel interests: report
Paris (AFP) Oct 31, 2024
UN climate summits risk "being undermined by undue corporate influence and fossil fuel industry capture", two corruption watchdogs said Thursday as oil-and-gas producer Azerbaijan prepares the next global meeting. ... more
BIO FUEL
Are bioplastics really the wonder alternative to petro plastics
Paris (AFP) Oct 30, 2024
Alternatives to petrochemical-based plastics are emerging, made from everything from banana leaves to tomato skins, especially for food packaging. ... more
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BIO FUEL
Advanced biodegradable plastics achieve unprecedented toughness and sustainability
Osaka, Japan (SPX) Oct 30, 2024
Efforts to build a sustainable, resource-efficient society have taken a significant step forward as Osaka University researchers introduce new, robust biodegradable plastics with advanced properties ... more
BIO FUEL
Vast and GGS Energy launch Project Bravo to power US green fuel production
Los Angeles CA (SPX) Oct 30, 2024
Vast Renewables Limited ("Vast") (Nasdaq: VSTE), a leader in concentrated solar thermal power (CSP) systems, has announced a development services agreement with GGS Energy LLC ("GGS Energy") to laun ... more
OIL AND GAS
Report details fossil fuel threat to 'Amazon of the seas'
Cali, Colombia (AFP) Oct 26, 2024
Fossil fuel exploration is threatening an ever-expanding swath of the Coral Triangle, one of the most biodiverse marine areas in the world, a report said Saturday. ... more
OIL AND GAS
G20 affirms commitment to transition from fossil fuels
Washington (AFP) Oct 25, 2024
G20 leaders affirmed their commitment to shifting away from fossil fuels after talks this week in Washington, according to a ministerial statement released Friday. ... more
OIL AND GAS
Turkmenistan's 'Gateway to Hell' lit gas pit faces closure
Ashgabat, Turkmenistan (AFP) Oct 25, 2024
Turkmenistan said on Friday it will capture the gas fuelling its "Gateway to Hell", putting the man-made fire pit at risk of closure as the reclusive state seeks to reduce its greenhouse emissions. ... more
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