Tuesday, May 19, 2026
Today's Print

Tag: oil

Protesters hit S.Africa beaches to oppose oil exploration

Hundreds of environmentalist demonstrators gathered on South African beaches Sunday to protest against oil and gas exploration by energy giant Shell. In Cape Town protesters...

Biden dives into US oil reserves to reassure Americans on inflation

Washington—President Joe Biden tapped the US strategic oil reserves Tuesday in a bid to reassure Americans angry about inflation and goods shortages as they...

Major oil producers set to uphold small output increase

The world's leading oil producers are expected to uphold a July deal to slowly boost output at a meeting on Wednesday, despite US pressure...

OPEC+ members meet again to try to settle differences

After failing last week, the 23 members of the OPEC+ group of oil producers will try again Monday to reach agreement on how much...

OPEC+ expected to move to cool overheating oil market

The OPEC+ group of oil-producing countries will meet on Thursday and are expected to agree to boost production in August in order to meet...

Sri Lanka braces for beach pollution as oil ship burns

Three Indian vessels on Thursday joined the battle to contain a major fire on a container ship off the Sri Lanka coast amid fears...

Stocks, oil and bitcoin sink in volatile trading

Stock markets, oil prices and bitcoin sank Wednesday as a raft of issues ranging from rising inflation to China's cryptocurrency crackdown spooked investors. Wall Street...

Server problems hit Colonial Pipeline, flow unaffected

Colonial Pipeline, the US oil conduit shut down for days by a cyber attack earlier this month, said on Tuesday a server had been...

US pipeline hacker Darkside shut down

Russia-based cyber-extortionist Darkside appeared out of business Friday after unknown actors shut down the servers of the group, which had forced the closure of...

Panic buying shuts down US gas stations as pipelines begin to reopen

The major US pipeline network forced offline by a cyber attack began to reopen Wednesday, its operator said, after a five-day shutdown prompted motorists...

Oil price upswing: P0.70/li seen

Oil prices will likely go by as much as P0.70 per liter this week, the fourth consecutive weekly increase to reflect the movement of...

Renewed lockdowns send oil prices tumbling

Oil prices nosedived Tuesday on lower demand prospects as Europe's biggest economy Germany said it would reimpose strict coronavirus containment measures and struggles along...

Customs collection from oil, petroleum products jump 54%

The Bureau of Customs said Thursday revenue collection from petroleum products jumped 54.1 percent in November to P12.83 billion from P8.33 billion in the...

Switch to electric vehicles could ‘end oil era’

Paris, France—Emerging markets switching from petrol and diesel engines to electric vehicles (EVs) could save $250 billion annually and slash expected growth in global...
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