The Latest Breaking News from Oil

Exclusive: Analysts say there will be oil spill catastrophe that could be far bigger than Exxon Valdez disaster

For decades, scientists have warned that Shanghai, one of the world’s largest and most densely populated coastal megacities, has been slowly sinking because of how humans have used the land beneath it. The problem is not new. As per reports, historical records show that parts of Shanghai have dropped more…

Everything the administration has done so far proves it is about oil.

The Kremlin has resorted to higher taxes and borrowing to fill the gap left by dwindling oil revenues and slower economic growth.

Steamed foods are not only delicious but also incredibly healthy. Beyond popular dishes like Idli and Dhokla, India has a treasure of rare steamed delicacies that are light, nutritious, and perfect for all ages. These dishes are naturally low in cholesterol, easy to digest, support weight management, and preserve authentic…

Pressure mounts on oil and gas company as it aims for turnaround under new chief executive

The Texas GulfLink project was just licensed to build an oil-shipping hub 30 miles into the U.S. Gulf, but demand for such projects has tumbled.

The FTSE 100 oil giant reported a 16% fall in underlying replacement cost profits to 7.49 billion US dollars (£5.47 billion) for 2025.

Barclays CEO speaks as bank deals with fallout of ex-boss Jes Staley’s ties to convicted child sex offender; Japan’s stock market jumps to new peak in extended rally after Sanae Takaichi’s party secures election victory

Also in this newsletter: EU officials express reservations over Spain's decision to regularise undocumented migrants, and why the EU wants to end the price cap on Russian oil.

BP today halted share buybacks and reported a big fall in profits during a weaker session for the FTSE 100 index.