Ukraine war: Will Arab oil save the world from soaring prices?
12 March 2022 | 2:46 pm
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?
In this article
Uganda on Tuesday commissioned the first of its four planned oil rigs and the start of drilling the first production well, a key milestone as the country races to meet its target of first oil output in 2025 after a long delay.
A group of scientists and security experts have moved their "Doomsday Clock" to 90 seconds to midnight, their most pessimistic prognosis yet. They published their statement in Russian and Ukrainian for the first time.
A building-price explosion has ruined Germany's apartment-building plans. The rental market is becoming nightmarish, and experts say the government hasn't even begun to grasp the scale of the crisis.
More than 13,000 Nigerian residents take Shell to court over oil spills. The claim from 11,317 people and 17 institutions in the Niger Delta area of Ogale was filed last week, according to Leigh Day, the U.K. law firm representing the plaintiffs.
The Big Oil bonanza keeps on coming, as France's TotalEnergies rounds out a week of record profits. Oil and gas giants have faced growing criticism about their environmental impact, as well as calls to pay higher taxes while households and businesses struggle with high energy prices.
The five largest Western oil firms announced nearly $200 billion in profits after the Ukraine war sent energy prices soaring. As China reopens, oil demand is likely to stay strong, alongside calls for windfall taxes.
On February 24, 2022, Vladimir Putin invaded Ukraine. In an interview with DW, Roman Luckscheiter from UNESCO explains how Ukrainian culture has been threatened and what can be done.
A French court has rejected a demand to suspend a controversial oil and gas project largely owned by energy giant TotalEnergies in East Africa. But a lesson could be drawn from the verdict.
Germany has said it wouldn't be buying Russian crude oil this year as it weans itself off its erstwhile biggest energy supplier. But an oil deal with Kazakhstan means Moscow would continue to hold some sway over Berlin.
An explosion on a Nigerian oil pipeline owned by Shell killed at least 12 people on Friday (March 3), authorities at the scene said, while members of the affected community in Emohua said they feared many more had died in the blast.
Tunisia is one of the biggest olive oil producers in the world. Now one company has found a way to use the considerable leftover biomass from making the oil by turning it into heating briquettes.
Saudi Arabia's national oil producer Aramco achieved "record" profits totaling $161.1 billion, a nearly 50% increase. The firm saw prices skyrocket after Russia invaded Ukraine, leading to soaring global energy prices.
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