Tuesday, 27th September 2022
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Ukraine war: Will Arab oil save the world from soaring prices?

Sanctions on Russia won't work unless the world reduces its use of Russian oil and gas. But it's difficult to do this without also increasing prices. Middle Eastern oil producers could help. But do they want to?

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4 Feb
An oil production and storage vessel exploded off the coast of Nigeria early on Wednesday (February 2) with 10 crew members on board though it was unclear if there were any casualties or how much crude might have spilled into the sea.
9 Feb
Nigerian civil servant and mother of four Grace Ekang has been having chest pains lately, and when she sneezes, black stains appear on her handkerchief. Inside her house in the Rivers state city of Port Harcourt, Ekang has noticed that the soot gathering on her floor is getting heavier. She and other residents blame this on illegal, makeshift oil refineries scattered across the Niger Delta.
12 Feb
Peru's government says an oil spill off the country's coast is twice as big as previously reported. 12,000 barrels of oil leaked into the sea at a refinery owned by the Spanish oil company Repsol. Lima has demanded compensation.
10 Feb
We speak to Noam Shuster Eliassi, an Israeli comedian whose latest performance has gone viral in the Arab world. The satirical song "Dubai, Dubai" criticises the recent deal to normalise ties between Israel and the UAE and has been watched, rewatched and tweeted thousands of times. She tells us why she feels the song sends an important message.
12 Feb
An oil vessel that exploded off the coast of Nigeria this week had not been maintained for some time and had technical issues, two sources and an environmental group said on Friday. as its wreckage lay in the sea after the fire was put out. The 10 crew members on board at the time of the explosion on Wednesday remained unaccounted for.
24 Feb
Russia's move to recognise the breakaway Ukrainian regions of Donetsk and Luhansk has sent ripples through global markets on Tuesday, with falls across Asia, and in early trading in Europe. Oil prices also jumped, with the international benchmark Brent Crude hitting its highest level since mid-2014. Investors are now focusing on which sanctions the United States, the United Kingdom and the European Union might impose on Russia in response.
23 Feb
Global stock markets have taken a beating as investors rush for safe havens amid an escalation in geopolitical tensions over Ukraine. Russian stocks and bonds as well as the ruble are among the biggest losers.
23 Feb
Victoria Scholar, head of investment at Interactive Investor, says the geopolitical volatility and limited supplies mean oil prices will continue to rise and are likely to pass well beyond the symbolic $100 per barrel level.
24 Feb
The International Atomic Energy Agency (IAEA) will send experts and sophisticated monitoring equipment to help Peru assess and limit the environmental damage from a major oil spill in its coastal waters, Director General Rafael Mariano Grossi told the Foreign Minister of the South American nation today.
1 Mar
A weekly news show produced with photos, videos and personal accounts from FRANCE 24 Observers around the world – all checked by our staff here in Paris.
1 Mar
A weekly news show produced with photos, videos and personal accounts from FRANCE 24 Observers around the world – all checked by our staff here in Paris.
28 Feb
Find these stories and much more when you grab a copy of The Guardian on Tuesday.