Latest Oil and gas refining News

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...

Average US price of gas up by 6 cents per gallon to $3.31

Oct. 10, 2021 14:56 PM EDT

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline jumped 6 cents over the past two weeks, to $3.31 per gallon. That’s $1.07 more than a year ago. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the rise...

Stellantis retooling 3 Indiana plants for electric vehicles

Oct. 07, 2021 15:49 PM EDT

KOKOMO, Ind. (AP) — Automaker Stellantis plans to spend nearly $230 million on retooling three Indiana factories so they can produce transmission systems that work with both traditional gasoline-powered vehicles and gas-electric hybrid versions. Company executives...

New plant in Germany aims to cut flying's carbon footprint

Oct. 04, 2021 16:44 PM EDT

WERLTE, Germany (AP) — German officials on Monday unveiled what they said is the world’s first commercial plant for making synthetic kerosene, touted as a climate-friendly fuel of the future. Aviation currently accounts for about 2.5% of worldwide emissions of carbon...

Activists call for EU ban on fossil fuel advertising

Oct. 04, 2021 11:47 AM EDT

THE HAGUE, Netherlands (AP) — A coalition of more than 20 environmental and climate groups launched a campaign Monday calling for a ban on fossil fuel advertising and sponsorship across the European Union, similar to bans on tobacco advertising. More than 80 Greenpeace...

UN: Over 550 Europe-bound migrants intercepted off Libya

Oct. 03, 2021 14:09 PM EDT

ABOARD GEO BARENTS (AP) — Libya’s coast guard Sunday intercepted two boats carrying more than 550 Europe-bound migrants off the country’s shore, the U.N. refugee agency said. It marked the latest sea interceptions amid a surge of crossings and attempted crossings...

Mexico to reserve future lithium production for government

Oct. 01, 2021 14:09 PM EDT

MEXICO CITY (AP) — Mexico said Friday it wants to declare lithium a “strategic mineral” and reserve any future exploration and mining for the government. The move is likely to leave Mexico's only privately exploited mine, expected to start production in 2023, in...