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Oil and Gas News Today: Oil and Gas Industry News - Asia Financial - Page 3 of 38

Oil & Gas

Cargo Rates Soar as Firms Assess Bid to Protect Red Sea Ships

Costs have shot up as ships have rerouted around Africa. Some shippers are looking to boost the number of vessels…

4 months ago

Red Sea Attacks Disrupt Key Asia-Europe Sea Trade Route

Shippers opting to sail around Africa to avoid attacks by pro-Palestine Houthi militants in waters near Yemen and Suez Canal,…

4 months ago

China Set to Start Sea Trials of Deepwater Drilling Ship

The Meng Xiang's activities in the South China Sea and other areas will be closely followed, because of grave concerns…

4 months ago

World Backs COP28 Deal to Reduce Use of Fossil Fuels

The deal – hailed as "historic" by some, and slammed as "soft" by island nations – is the first global…

4 months ago

China Vows to Curb Coal Use to Tackle Poor Air Quality

Beijing said it will reduce coal consumption in the Beijing-Tianjin-Hebei region by about 10% from 2020 levels by 2025

4 months ago

China-Russia Trade Worth $218bn as Moscow Leans More on Beijing

For November alone, bilateral trade between the two nations rose to $21.5 billion, the highest since February 2022 when the…

4 months ago

Electric Vehicles Speeding up The Demise of the Oil Era: IEA

The International Energy Agency expects world oil consumption to hit its peak in 2030 at 103 million barrels per day…

4 months ago

Push for Phase-Out of Fossil Fuels on the Table at COP28

The move gathered momentum on Tuesday when a draft text emerged and research revealed that global CO2 emissions from burning…

5 months ago

Only One Development Bank Vowing to Halt Funds for Fossil Fuels

COP28 president Sultan Al Jaber also seen opposing the UN chief's call for a halt in the use of fossil…

5 months ago

Summit Leader ‘Using COP28 to Promote Fossil Fuels’ – NYT

Leaked document has talking points for the president of the UN climate conference, who is an oil executive in the…

5 months ago

COP28: Cities Give A Glimpse of Changes Sweeping the World

The 2020s will be a decade of rapid change driven by the need to counter intensifying global warming; responses by…

5 months ago

China Oil, Gas Giants Accused of ‘Greenwashing’ LNG Purchases

Greenpeace says firms like PetroChina and CNOOC Gas and Power are buying misleadingly labelled "carbon neutral" liquefied natural gas

5 months ago