News

Deutsche Bank Hits Pause on New Oil Curbs, Citing Legal Risk
Deutsche Bank AG won’t move ahead with a plan to add restrictions on financing oil and gas, as it assesses the legal risks of ...
Interesting Engineering on MSN5d
US engineers invent molecular membrane to cut crude oil emissions by 90%US engineers invent molecular membrane to cut crude oil emissions by 90%
MIT’s new membrane could slash 90 percent of energy use in crude oil refining, reshaping one of the world’s most polluting ...
Iraq and China's Geo-Jade sign deal for Tuba oilfield expansion
Iraq has signed a contract with a consortium consisting of China-based Geo-Jade Petroleum Corp and Basra Crescent to ...
The Punch on MSN1d
Navy destroys eight illegal refining sites in N'Delta creeks
Personnel of the Nigerian Navy, Forward Operating Base Escravos, have deactivated eight illegal refining sites in the Niger Delta creeks in a sustained effort to enhance Nigeria’s daily crude oil ...
Oil & Gas Middle East1d
Saudi Arabia, Kuwait Announce Significant Oil Discovery in Partitioned Zone
Saudi Arabia and Kuwait have announced a new oil discovery in the Partitioned Zone, marking the first such find since ...