As Tropical Storm Rafael approaches the Gulf of Mexico, oil companies are taking precautionary measures to protect personnel and minimize production disruptions. Major energy operators, including BP, Chevron, Equinor, and…
Fuel Oil
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The North Sea, a significant hub for crude oil production in Europe, primarily driven by the UK and Norway, is facing a terminal decline. In 2022, the region produced just…
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A year after world leaders called for a global shift away from fossil fuels, climate diplomats, campaigners, and policy experts warn that nations are failing to transform that promise into…
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World leaders are being urged to urgently redirect the trillions currently invested in fossil fuels to protect human health and ensure survival amid the severe impacts of climate change, according…
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Saudi Arabia’s oil giant, Aramco, has officially launched its first branded retail gas station in Lahore, Pakistan, marking a significant step following its acquisition of a 40 percent stake in…
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A shipment of 400,000 barrels of crude oil has left Mexico bound for Cuba, which is currently grappling with severe fuel shortages and frequent blackouts. The cargo departed on Monday…
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Prices for major petroleum products, including petrol and high-speed diesel (HSD), are anticipated to decrease by Rs2 to Rs3 per litre starting November 1, 2024, following a slight reduction in…
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Argentina’s Vaca Muerta shale basin, long heralded as a potential energy game-changer, is seeing a revival thanks to recent political shifts and market reforms. Touted as the world’s second-largest shale…
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During a speech on Thursday at the Commonwealth Heads of Government Meeting (CHOGM), Tuvalu’s Prime Minister Feleti Teo delivered a stark warning regarding fossil fuel expansion, declaring it a “death…
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The topic of peak oil has garnered significant attention recently, focusing primarily on the timing of peak demand—whether it will occur before 2030 or later. However, discussions also extend to…