Search results for : oil
Update: Oil Prices Surge After Surprise Cuts
April 05, 2023
Update: Oil Prices Surge After Surprise Cuts
SAUDI ARABIA - Just recently, Our News told reported major oil-producing countries, led by Saudi Arabia, cutting supplies of crude again. Well, oil prices have already spiked.
Oil Producers' Cuts Could Boost Gas Prices
April 04, 2023
Oil Producers' Cuts Could Boost Gas Prices
SAUDI ARABIA - Major oil-producing countries led by Saudi Arabia say they're cutting supplies of crude again.
Sun Oil Chairman Reacts To December Oil Spill
April 04, 2023
Sun Oil Chairman Reacts To December Oil Spill
NASSAU, BAHAMAS - Sun Oil Chairman Sir Franklyn Wilson chiming in on Attorney General Ryan Pinders' promises that the company responsible for the December Exuma oil spill will be heavily penalised.
Fire At Indonesian Oil Depot Kills 17
March 04, 2023
Fire At Indonesian Oil Depot Kills 17
INDONESIA - A large fire at a fuel storage depot in Indonesia's capital Friday, killing at least 17 people, and injuring dozens of others.
February 23, 2023
Save The Bays: Stop the sale of Equinor until oil spill clean-up done
SAVE The Bays has called for the sale of Equinor's South Riding Point storage facility in Grand Bahama to be halted until the clean-up of the massive 2019 oil spill is done, saying amounts of residual oil still remain on the site.
Equinor sells South Riding Point oil terminal in GB
February 22, 2023
Equinor sells South Riding Point oil terminal in GB
Equinor is selling its South Riding Point oil terminal in Grand Bahama and has entered into an agreement with European liquid fuels terminal operator Liwathon for the purchase of the terminal.
February 17, 2023
Oil company still hoping for license renewal, return on investment
Challenger Energy Group (CEG) yesterday released its 2023 strategy and work program update, revealing that the company, formerly called Bahamas Petroleum Company, remains locked in negotiations with government on the renewal of the company's licenses for another multi-year exploration period. The company noted in its update that it is "seeking alternative means of achieving value" from its ...
The...
Environmental activist 'exceedingly happy' over action against oil spill company
February 03, 2023
Environmental activist 'exceedingly happy' over action against oil spill company
A LOCAL environmental activist is "exceedingly happy" that action is being taken against the company responsible for last summer's Exuma oil spill, adding it has been long overdue.
'Enormous amounts' of oil still at Equinor site
January 19, 2023
'Enormous amounts' of oil still at Equinor site
AN appeal is being made to the government to be vigilant concerning the oil spill clean-up at the Equinor South Riding Point plant in East Grand Bahama.
Two accused of illegal oil dumping
November 06, 2020
Two accused of illegal oil dumping
Two men accused of illegal oil dumping in the Barbary Beach area were arraigned in the Freeport Magistrate's Court on Friday.
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