A US oil producer is teaming up with a company working to grab planet-warming carbon dioxide (CO2) straight from the air in a bid to extract more oil from the ground in a greener way, the companies said on Tuesday.
Saudi Arabia’s deputy defence minister, Khalid bin Salman, on Thursday accused Iran of ordering drone attacks on two of its oil pumping stations that were claimed by Yemen’s Huthi rebels.
South Africa on Monday signed a deal for the exploration and production of oil in South Sudan, as part of a $1 billion investment in the conflict-torn nation’s struggling oil industry.
Iran has mobilised all its resources to sell oil in a “grey market”, by passing U.S.sanctions that Tehran sees as illegitimate, state media quoted Deputy Oil Minister Amir Hossein Zamaninia as saying on Sunday.
Iran denounced US sanctions on its oil sector as “illegal” on Monday after the United States announced it will no longer grant sanctions exemptions to Iran’s oil customers.