The FSO Safer has been moored off the west coast of Yemen for over three decades but has not been properly maintained since war erupted across the country in 2015 between Government forces, backed by a Saudi-led coalition, and Houthi rebels. The decrepit ship has been described as a “time bomb” because it could leak,…
A Norwegian offshore oil rig setup, file photo Energy prices surged after the Ukraine war, with Norway earning record revenues from oil and gas. According to Statistics Norway, oil and gas sales generated $140 billion in revenue. This is Norway’s biggest revenue ever, bringing in three times as much revenue as in 2021. It should…
35 people were also injured in a fire at an oil depot in Indonesia; Photo: AFP Jakarta: A fire broke out suddenly in an oil depot in a residential area in Indonesia, killing 18 people and injuring many others. According to the world news agency, this terrible incident happened in the oil depot of a…
MANILA: An oil tanker sinking in the Philippines has spilled oil into the sea, prompting a fishing ban in 7 cities. According to the Associated Press, oil has spilled into the sea as a result of the sinking of an oil tanker in the Philippines. There were 800,000 liters of oil in the tanker. are…
Olive oil contains oleic acid in the form of a fatty acid that prevents cancer, heart disease and Alzheimer’s. Photo: File Spain: Just as the life of turmeric is the chemical curcumin present in it, in the same way the oleic acid in olive oil is also its most important component. Now more medical benefits…
Flames are rising after a fire in a refinery. Fires broke out at three separate refineries of Mexico’s state-owned oil company Pemex. On Thursday, there were separate fire incidents in the three refineries in which 5 employees were missing and 8 were injured. The company said in a statement that the fire occurred at an…
Washington: Oil prices remained stable in the global market, data showed the possibility of further increase in interest rates, which could reduce economic growth. Brent crude futures for April delivery on the international market were up 2 cents at $83.07 a barrel by 0242 GMT after falling 1.2 percent on Tuesday, according to foreign media…
NEW DELHI: India’s Russian oil imports hit a record 1.4 million barrels per day in January, up 9.2 percent from December. According to the news agency, India imports the most oil from Russia, followed by Iraq. According to data from Saudi Arabian trade sources, India imported 5 million bpd of crude oil last month, of…
After taking paint samples from the local market, it has been found that 40 percent of the oil paints contain dangerous levels of lead, which is likely to affect children’s health. Pakistan Standard and Quality Control Authority (PSQCA) has asked the paint manufacturers to eliminate the use of lead in the products. In the new…
The United Arab Emirates has announced an increase in oil prices for February. According to Arab media from Abu Dhabi, the Fuel Price Committee has increased petrol prices by 0.27 dirhams per liter. The new price of petrol per liter has been fixed at 3.05 dirhams which is 216.87 rupees in Pakistani currency. Similarly, the…
