Oil News and Gas News
March 14, 2025
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. The Department of State and Department of Treasury on Thursday announced sanctions against China, India and an Iranian minister and identified three vessels that now are blocked to stop the illegal flow of oil from Iran to Asia. "The Iranian regime continues to use the proceeds from the nation's vast oil resources to advance its narrow ... read more

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
OIL AND GAS
Greenpeace, locals protest over gas leak off Senegal, Mauritania
Dakar (AFP) Mar 7, 2025
Greenpeace condemned BP on Thursday for a gas leak that has been ongoing for several weeks at a new field the British oil giant operates off Senegal and Mauritania. ... more
OIL AND GAS
Leak at new gas field off Senegal, Mauritania
Dakar (AFP) Mar 5, 2025
Work is under way to repair a gas leak at a new offshore natural gas field off Senegal and Mauritania which poses no risk to employees, operator British energy giant BP said Wednesday. ... more
OIL AND GAS
S.Sudan general, oil minister arrested in threat to peace deal
Juba (AFP) Mar 5, 2025
South Sudan troops have arrested the oil minister and deputy head of the armed forces, both allies of Vice-President Riek Machar, as fears grew on Wednesday for the country's fragile peace agreement. ... more

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OIL AND GAS
Chinese lessons in Saudi schools show growing ties
Riyadh, Saudi Arabia (AFP) Mar 4, 2025
With a map of China on the wall behind him, 14-year-old Yasser al-Shaalan studied the names of professions in a Chinese textbook, one of thousands of Saudi children now learning the language at school. ... more
OIL AND GAS
BP ditches climate targets in pivot back to oil and gas
London (AFP) Feb 26, 2025
British energy giant BP launched a major pivot back to its more profitable oil and gas business Wednesday, shelving its once industry-leading targets on reducing carbon emissions and slashing clean energy investment. ... more
OIL AND GAS
Iraq, BP finalise deal to develop new oil fields
Baghdad (AFP) Feb 25, 2025
Iraq and energy giant BP finalised an agreement to develop oil fields in the northern province of Kirkuk, Iraqi authorities and the British company said Tuesday. ... more
OIL AND GAS
Greenpeace trial begins in North Dakota in key free speech case
Washington (AFP) Feb 24, 2025
A US oil pipeline operator's lawsuit seeking millions of dollars from Greenpeace for allegedly orchestrating a campaign of violence and defamation begins Monday in a North Dakota court, in a case with broad free speech implications. ... more
OIL AND GAS
UK to invest GBP 200 million in site of oil refinery closure
London (AFP) Feb 23, 2025
The UK government on Sunday announced a GBP200 million ($250 million) investment for the site of Scotland's only oil refinery, set to close this year. ... more
OIL AND GAS
US pipeline case heads to court in high-stakes free speech fight
Washington (AFP) Feb 23, 2025
Nearly a decade after activists led one of the largest anti-pipeline protests in US history, the fight shifts to court as Energy Transfer sues Greenpeace for $300 million in a case with far-reaching free speech implications. ... more
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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. ... 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
OIL AND GAS
Chinese scientists utilize SDGSAT-1 satellite for offshore oil and gas platform monitoring
Sydney, Australia (SPX) Feb 12, 2025
Researchers in China have leveraged the Earth science satellite SDGSAT-1 to enhance monitoring of offshore oil and gas platforms, demonstrating a new capability for remote sensing technology in ocea ... more
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
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
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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
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
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