Latest Oil and gas refining News

Dutch pension fund to divest from fossil fuel producers

Oct. 26, 2021 04:48 AM EDT

THE HAGUE, Netherlands (AP) — The Netherlands' biggest pension fund announced Tuesday that it will stop investing in companies that produce fossil fuels, saying the move — that has long been demanded by many members of the fund — was prompted by recent climate reports by the United...

Court: Turkish Halkbank to be charged in Iran sanctions case

Oct. 22, 2021 18:35 PM EDT

NEW YORK (AP) — A Turkish bank must face criminal charges that it evaded sanctions against Iran by processing billions of dollars of Iranian oil revenue, an appeals court ruled Friday. The 2nd U.S. Circuit Court of Appeals upheld a decision by U.S. District Judge...

Green hydrogen hub in Mississippi to be largest in US

Oct. 20, 2021 12:59 PM EDT

JACKSON, Miss. (AP) — A Jackson-based company has announced plans to build a green hydrogen hub in Mississippi it says will be the largest of its kind in the U.S. and create an easier pathway for hard-to-decarbonize manufacturing industries to move away from fossil fuels. ...

U.S. congressmen complain about Mexico energy changes

Oct. 20, 2021 00:00 AM EDT

MEXICO CITY (AP) — Texas congressmen complained Tuesday about the Mexican government's attempts to limit competition in the electrical power sector. In a letter to U.S. Ambassador Ken Salzar, about 20 Texas congressmen and senators criticized changes proposed by...

Farmington exhibition focusing on birth of energy industry

Oct. 18, 2021 12:50 PM EDT

FARMINGTON, N.M. (AP) — A new exhibition at the Farmington Museum at Gateway Park will mark the 100th anniversary of an event that changed the character of Farmington, transforming it from a small, agricultural community into a regional energy center. “Built by Gas:...

Fire erupts at Kuwait oil refinery; minor injuries reported

Oct. 18, 2021 03:20 AM EDT

DUBAI, United Arab Emirates (AP) — A fire erupted on Monday at a major oil refinery in Kuwait, the state-owned oil company said, reporting that some workers suffered from smoke inhalation and other light injuries. The blaze at the key Mina al-Ahmadi oil refinery along...

Cyprus, Egypt sign deal to speed up electricity grid linkage

Oct. 16, 2021 08:48 AM EDT

NICOSIA, Cyprus (AP) — An undersea cable linking the electricity grids of Cyprus and Egypt could be key to helping both countries transition to a green economy and meet their commitments on battling climate change, the Cypriot energy minister said Saturday. Minister...

Bus tips into sinkhole as deadly storms lash Greece

Oct. 15, 2021 10:01 AM EDT

THESSALONIKI, Greece (AP) — A bus transporting oil refinery workers fell into a sinkhole in the center of Greece’s second-largest city Friday as storms continued to batter the country, damaging roads, closing schools and causing the deaths of at least two people. ...

Canadian firm reveals plan for $2.8B North Dakota gas plant

Oct. 14, 2021 16:51 PM EDT

BISMARCK, N.D. (AP) — A Canadian energy company announced Thursday a plan to build North Dakota’s first factory designed to turn natural gas into liquid fuels, a move that also is aimed at curbing the wasteful burning of the gas that’s a byproduct of oil production. ...

Mexico presents plan to shutter private power plants

Oct. 11, 2021 20:11 PM EDT

MEXICO CITY (AP) — Mexico’s president presented details on Monday of a proposal that is likely to squeeze out hundreds of private power generating plants and may provoke complaints under the Mexico-U.S.-Canada free trade accord. The constitutional reform presented by...