This past Saturday, a tanker transporting oil from Iran to South Korea collided with a freighter about 300km off the coast of Shanghai. The tanker, filled with 130 tonnes of highly volatile condensate crude, has been burning for the past three days, raising fears of an environmental catastrophe.
Tagged With oil
Venezuela and Russia both have economies that are heavily dependent on the price of oil. Both countries are dealing with economic sanctions imposed by the United States. And in the past few days, both countries began moving forward with an official state cryptocurrency. Neither of offering sounds like it should be taken seriously.
Hurricane Harvey, the Category 4 storm that barrelled into southeastern Texas yesterday, has shut down approximately a quarter of US gas production in the Gulf of Mexico.
What was life really like here on planet Earth before animals were big enough to leave fossils behind? How did living things turn from dinky capsules of genetic material into the intelligent, complex organisms that do things like fart and type curse words into posts on the internet? Scientists think they have found the answer... in algae steroids.
Video: Scientists trying to unlock the secrets of our universe's origin need to look no further than the photography studio of Thomas Blanchard and Oilhack. By mixing nothing more than paints, oil and soap, the artists manage to create colourful miniature universes full of strange, tiny alien worlds.
We're only a few days into the Trump era and it's becoming painfully clear that the new US president is mobilising for a war on science. This situation is eerily reminiscent of attempts to suppress science in Canada during Stephen Harper's tenure as Prime Minister, from 2006 to 2015. Here's what Canadians say American scientists and concerned citizens should expect in the next four years -- and what they can do to fight back.
Exxon Mobile was ordered to turn over 40 years of documents on Wednesday showing the company's views on and knowledge of climate change. The ruling was made by a Massachusetts judge in an investigation led by the state's attorney general Maura Healy, who is working to determine how much the company knew about the link between fossil fuels and climate change, and also to determine whether Exxon intentionally hid or suppressed information from the public and investors.
An estimated 20 billion barrels of oil valued at up to $US900 billion ($1.2 trillion) has been discovered in a West Texan shale formation, the US Geological Survey announced this week. Three times the size of the Bakken oilfields in North Dakota, it could be the largest such deposit ever assessed in the United States.
If you try to imagine the most pathetic gathering of humans ever, it would probably look a lot like this group of people who have amassed their fortunes by stripping the Earth of its fossil fuels and are desperately trying to squeeze the last gasp of relevance out of a backwards-thinking, planet-strangling industry.
The catastrophic methane gas leak outside of Los Angeles has forced local energy companies to revisit their antiquated strategies for storing and transporting natural gas. But there's a big and potentially more disastrous problem lurking beneath LA's surface, according to a new video from Vice. The city is literally one giant oil field, and it's been slowly releasing carcinogens into the air for decades.
For the first time ever, the United States Geological Survey has published earthquake hazard maps that includes both human-induced as well as naturally occurring earthquakes. USGS maps had previously only featured natural earthquake hazards, but thanks to the alarming rise of man-made quakes, the scientific body has now started to track both kinds.