OIL - SATURN DAILY

Shell, Norway's Equinor to form joint UK oil and gas firm

Dec 05, 2024 (AFP)

Based in Aberdeen, Scotland, the joint venture "will be the UK North Sea's biggest independent producer", the energy sector heavyweights said in a statement. Th...

AI helps researchers dig through old maps to find lost oil and gas wells

Dec 05, 2024 (SPX)

If the wells weren't properly plugged, they can potentially leak oil and chemicals into nearby water sources or send toxic substances like benzene and hydrogen ...

Experts outline potential for hydrogen fuel production using sunlight

Dec 04, 2024 (SPX)

"Sunlight-driven water splitting using photocatalysts is an ideal technology for solar-to-chemical energy conversion and storage, and recent developments in pho...

QatarEnergy inks gas supply deal for China with Shell

Dec 02, 2024 (AFP)

The liquefied natural gas deliveries would begin in January as part of a "new long-term sale and purchase agreement", QatarEnergy said in a statement without sp...

Iraq tries to stem influx of illegal foreign workers

Nov 29, 2024 (AFP)

He is one of hundreds of thousands of foreigners working without permits in Iraq, which after emerging from decades of conflict has become an unexpected destina...

COP29 president blames rich countries for 'imperfect' deal

Nov 26, 2024 (AFP)

The contentious deal agreed on Sunday saw wealthy polluters agree to a $300 billion a year pledge to help developing countries reduce emissions and prepare for ...

Spin-powered crystals enable efficient hydrogen production

Nov 26, 2024 (SPX)

Scientists from the Max Planck Institute for Chemical Physics of Solids, in collaboration with the Weizmann Institute of Science, have unveiled a catalyst compo...

Concern as climate talks stalls on fossil fuels pledge

Nov 24, 2024 (AFP)

Nearly 200 nations spent much of COP29 in Azerbaijan locking horns over a tough-fought finance pact that was finally approved in the early hours of Sunday. But ...

Petrol industry embraces plastics while navigating energy shift

Nov 24, 2024 (AFP)

Plastics and chemical products now account for 15 percent of world demand for the refined petroleum products used to make them. But as "robust growth" continues...

Russian ruble hits lowest level against dollar since March 2022

Nov 22, 2024 (AFP)

The Russian currency has been highly volatile throughout Moscow's near three-year military offensive on Ukraine, reacting dramatically to developments on the ba...

Russia gave N. Korea oil, anti-air missiles in exchange for troops: officials

Nov 22, 2024 (AFP)

The United States and South Korea have accused the nuclear-armed North of sending more than 10,000 soldiers to help Russia fight Ukraine, with experts saying Ki...

Brazil will not 'shy away' from fossil fuels issue as COP30 host: envoy

Nov 21, 2024 (AFP)

Ana Toni told AFP that Brazil wanted to spur a global "debate" about how to turn a promised fossil fuel phasedown into action, including through possible taxes ...

Arab Group rejects any COP29 text targeting fossil fuels

Nov 21, 2024 (AFP)

The negotiations in Baku have centred on reaching a climate finance deal to help developing nations tackle global warming, but countries have also clashed over ...

Trump taps oil exec, climate skeptic Chris Wright for energy secretary

Nov 16, 2024 (UPI)

Wright is the CEO of oil fracking and natural gas firm Liberty Energy and has questioned the role of fossil fuels in the Earth's changing climate and related we...

UN climate chief urges G20 to spur tense COP29 negotiations

Nov 16, 2024 (AFP)

Negotiators worked through the night in efforts to produce a new draft deal before ministers arrive next week for the final days of the COP29 talks in a Baku sp...

Gore says 'absurd' to hold UN climate talks in petrostates

Nov 16, 2024 (AFP)

Mukhtar Babayev, a former oil executive who now serves as Azerbaijan's ecology minister, is chairing the COP29 talks in Baku while the country's leader, Ilham A...

UK scrambles jets to monitor Russian military plane over North Sea

Nov 15, 2024 (AFP)

Two Typhoons from RAF Lossiemouth in Scotland followed the Russian Bear-F aircraft as it flew over the North Sea on Thursday, the ministry said. "At no time was...

Oil execs work COP29 as NGOs slam lobbyist presence

Nov 15, 2024 (AFP)

While negotiators haggled over the key goal of an increase in climate funding, a former UN chief said the talks were "no longer fit for purpose". The head of Fr...

COP29: TotalEnergies chief defends oil's climate 'progress'

Nov 15, 2024 (AFP)

"Yes, we are part of the problem," Patrick Pouyanne told AFP on the sidelines of "energy day" at the UN COP29 climate talks in Azerbaijan. But "we're in the min...

'Major loopholes' let oil and gas firms leak methane

Nov 14, 2024 (AFP)

The report from the think tank Carbon Tracker was published as nations gathered in Azerbaijan for the latest round of UN climate talks during what is expected t...