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July 18, 2025

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oil

Cuba cancels workers’ day parade as severe oil shortages bite

President says island is only receiving two-thirds of the petrol it needs as queues outside gas stations stretch for milesThere was a time when International Workers’ Day was marked in Cuba by parades involving more than a million people marching throu…

April 30, 2023
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Strategic US Crude Oil Reserves Continue To Drop

The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif
U.S. SPR RESERVES OF CRUDE OIL FELL BY 1.58 MILLION BARRELS LAST WEEK TO 368 MILLIO…

April 21, 2023
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Germany plans to ban installation of most oil and gas heating from 2024

Bill due before Bundestag in June would encourage homeowners to switch to renewablesGermany plans to ban the installation of most oil and gas heating systems from next year, with proposals approved on Wednesday triggering angry divisions in the cabinet…

April 20, 2023
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Exxon CEO’s pay rose 52% to nearly £30m amid Ukraine war, figures show

Darren Woods’ pay is ‘reflective of record company earnings and stock price performance’, says oil firmExxonMobil handed its chief executive a 52% pay increase to $35.9m (£28.7m) for 2022 after the oil company reported its highest ever profits amid Rus…

April 13, 2023
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Fuels from Russian oil gets backdoor entry into Europe via India

NEW DELHI (Reuters) — Record high imports of crude oil from Russia in fiscal 2022-23 helped India’s refiners boost exports of diesel and jet fuel to Europe as the continent shunned Russian products, preliminary ship-tracking data from Kpler and Vortex…

April 6, 2023
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Revealed: UAE plans huge oil and gas expansion as it hosts UN climate summit

Exclusive: UAE’s fossil fuel boss will be the president of Cop28, making a mockery of the summit, say campaignersThe United Arab Emirates, which is hosting this year’s UN climate summit, has the third biggest net zero-busting plans for oil and gas expa…

April 4, 2023
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Breaking With The West, Japan Buys Russian Oil At Prices Above The Western Imposed Cap

Breaking from US and Allies, G7 President Japan is buying Russian oil above the $60 price cap. US has had no choice but to make an exception for Japan. Russia continues to beat sanctions. pic.twitter.com/v8VB0Wg9mF— Shubhangi Sharma (@ItsShubhangi) Apr…

April 3, 2023
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Oil Surges After OPEC+’s Unexpected Crude Production Cut

 BBC News: Oil prices surge after surprise move to cut output Oil prices have surged after several of the world’s largest oil exporters announced surprise cuts in production. The price of Brent Crude oil jumped by more than $5 a barrel…

April 3, 2023
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Poole harbour oil spill has potential to cause substantive damage

Area supports an abundance of species, from rare and endangered birds to seagrass meadowsPoole harbour is one of the most strictly protected environmental areas in the UK and Europe, but as the frantic clean-up taking place on Monday showed, it is not …

March 27, 2023
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Big oil on campus: how US universities are ‘colonized’ by the fossil fuel industry

Students at Princeton describe unease that Exxon employee had an office on campus, while dozens of universities have big oil linksThe lecturer looked, and sounded, the part. Sporting a pale blue shirt and Princeton University ID badge, he had his own o…

March 27, 2023
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