oil
Live updates: Iran says it has captured a British oil tanker
President Trump hailed a “close alliance” with the United Kingdom as he answered a question about seized British tankers in the Strait of Hormuz. “We have a very close alliance with the United Kingdom. We always have,” Trump told reporters at the White House. Later, Trump claimed the episode proved his warnings about Iran correct. “This …
Iran seizes foreign oil tanker with 12 crew, reports say
The semi-official Fars news agency said Islamic Revolutionary Guard Corps (IRGC) forces ambushed the tanker, carrying 12 people on board, on Sunday. The IRGC have denied seizing any other tankers, Fars said. It is unclear whether the tanker seized Sunday was the same vessel as one that Iran claimed to have assisted earlier this week. …
Iran says it helped oil tanker in Strait of Hormuz amid concerns surrounding missing UAE vessel
Iran’s Foreign Ministry has said the Islamic Republic helped an unnamed vessel that suffered a technical malfunction in the Strait of Hormuz amid U.S. concerns that Tehran seized an oil tanker from the United Arab Emirates in the area. Abbas Mousavi, the Foreign Ministry spokesman, was quoted as saying in the state-run IRNA news agency …
Oil & Gas 4.0: Breaking The Gas Ceiling
The oil and gas industry is entering a new, technologically advanced era defined by digital transformation. In order to meet the myriad challenges of this era, the industry must finally confront its longstanding lack of women’s representation. Boosting female participation in oil and gas workforces, where estimates suggest as few as 1 in 5 workers …
Climate change: Used cooking oil imports may boost deforestation
Image copyright Getty Images Image caption Used cooking oil from Asia is being imported into Europe to make biodiesel Imports of a “green fuel” source may be inadvertently increasing deforestation and the demand for new palm oil, a study says. Experts say there has been a recent boom in the amount of used cooking oil …
Iran warns western powers to ‘leave region’ amid Gulf crisis | World news
Iran has called on Britain to release its seized oil tanker and warned foreign powers to “leave the region because Iran and other regional countries are capable of securing the regional security”. The Royal Marines seized the tanker last week on suspicion it was breaking European sanctions by taking oil to Syria. Iran’s foreign ministry …
Canada, the fourth biggest oil nation, may be the world’s least energy secure
Cheap, clean, safe and secure. Whether it’s petroleum products, natural gas or electricity, that’s how we like our energy. But we’re never really satisfied, are we? Our wallets feel picked by the monthly utility bill. Only a perpetual motion machine will ever be clean enough. And we question safety over extremely low-probability events. I’m being …
Official warns Tehran could seize UK oil tanker if Iranian ship not released
Mohsen Rezaee, who is currently Secretary of the Expediency Discernment Council — an advisory body to Iran’s Supreme Leader — tweeted that “if the UK does not release the Iranian oil tanker, our officials are duty-bound to reciprocate and seize a British oil tanker.” Rezaee previously served as commander of the IRGC and it is …
Britain seizes Iranian oil tanker headed to Syria, furious Tehran summons British ambassador over ‘destructive’ action
Iranian leaders have summoned the British ambassador as Tehran fumes over Britain’s Thursday seizure of an Iranian tanker believed to be violating the European Union sanctions by providing crude oil to the Syrian regime. British Royal Marines supported the authorities in Gibraltar in taking the vessel amid evidence that it was trying to circumvent the EU sanctions on the Syrian regime. A …
S&P 500, US-China trade, oil and currencies in focus
Stocks in Asia were mixed in Tuesday morning trade. Meanwhile, the S&P 500 touched a record high overnight on Wall Street on the back of a recent pause in tariff escalation between the U.S. and China. The Nikkei 225 in Japan added 0.12% in early trade, while the Topix rose 0.13%. In South Korea, however, …
