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The Latest Breaking News from Oil

In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm

In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey

The Independent UK

Chevron Warns White House That Russia, China Will Take Over Venezuelan Oil If Its License Is Revoked

Secretary of State Marco Rubio said the license should be reconsidered

Latin Times

Crude Slightly Lower, Awaiting US Tariff News

March WTI crude oil (CLH25 ) today is down -0.02 (-0.03%), and March RBOB gasoline (RBH25 ) is down -0.0067 (-0.32%). Crude and gasoline prices today are slightly lower, with crude posting a 4-week low. Today's rally in the dollar index to a 1-week high is undercutting energy prices. Crude...

Barchart

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Ukraine launches second major drone attack against Russian oil refineries in a week

Intelligence sources say one refinery had been hit by four Ukrainian drones, causing ‘significant damage”

The Independent UK

Danish wind giant Orsted replaces its CEO with shares down 83% and Trump pressures looming

Orsted was in the fossil fuels business as "Danish Oil and Natural Gas" for much of its lifetime. It's renewable energy pivot is hurting in the U.S. now.

Fortune

Ukraine drone attack sparks fire at key Russian oil refinery

Kyiv’s latest attack on Russia’s critical infrastructure hits second oil refinery in space of a week.

Al Jazeera

Are Wall Street Analysts Bullish on Chevron Stock?

Oil & gas giant Chevron has significantly outperformed the border market in 2025, and analysts remain strongly bullish on the stock’s prospects.

Barchart

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AstraZeneca cancels £450m Liverpool investment, blaming UK government funding cuts – as it happened

Pharmaceutical company says that it will not go ahead with investment at Speke, near Liverpool

The Guardian - UK

3 secretly toxic items in your bedroom that toxicologists urge you to replace now to protect your health

Danger might be lurking where you least expect it

Homes & Gardens

Trump pledges to go ahead with 25% tariffs on Canada, Mexico from Saturday

The White House reiterates the threat on Friday and adds there will be 10 percent tariffs on China.

Al Jazeera

25 Under-$250 Beauty Products the Royal Family Swears By

Skip the tiara, steal the skincare routine.

Marie Claire

Crude Prices Supported by Dollar Weakness and Tariff Concerns

March WTI crude oil (CLH25 ) Thursday closed up +0.11 (+0.15%), and March RBOB gasoline (RBH25 ) closed up +0.0058 (+0.28%). Crude and gasoline prices recovered from early losses on Thursday and posted modest gains. Thursday's weaker dollar was supportive of energy prices. Crude also has support on concern that...

Barchart

California Politicians Now Want Oil Companies, Not Insurers, To Subsidize People Living in Wildfire Zones

A proposed state bill would allow individuals and insurers to sue oil companies for wildfires damages.

Reason

FTSE 100 smashes through 8,600 mark for the first time

London’s top index finished 89.07 points, or 1.04%, higher to end the day at 8,646.88.

The Independent UK

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The Texas Tribune

An East Texas town debates where to place EV charging stations as Trump threatens subsidies

Some residents see the charging stations as an economic boom to the town, while others find it an assault on the oil and gas industry in Texas.

Barchart

Crude Prices Higher on Tariff Concerns

March WTI crude oil (CLH25) today is up +0.58 (+0.80%), and March RBOB gasoline (RBH25) is up +0.0162 (+0.79%). Crude and gasoline prices today recovered from early losses and are moderately higher. Today's weaker dollar is supportive of energy prices. Crude also has support on concern that a possible +25%...

Investors Business Daily

Exxon Mobil, Chevron See Another Earnings Dip In Q4 But Report Production Increases

Exxon Mobil and Chevron both reported fourth-quarter earnings and revenue early Friday.

Evening Standard

Two Russian nuclear deterrent bombers fly over Sea of Japan

The flight, which lasted for more than eight hours, saw the Russian aircraft being escorted by planes from other countries

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The Guardian - UK

Hundreds protest in London as jailed climate activists’ appeals are heard

Road outside high court blocked in protest at ‘draconian’ sentences given to 16 Just Stop Oil ‘political prisoners’

The Independent UK

Shell still reviewing moving listing away from London but not a live discussion

Oil company Shell says is still mulling moving its stock market listing from London to New York but that it wasn't a “live discussion” at the moment

Top News

Small Plane Crash In South Sudan Kills 18 People

Tragic plane crash in South Sudan claims 18 lives, including oil workers. Incident raises safety concerns in the oil industry.

The Guardian - UK

‘Like dropping a bomb’: why is clean energy leader Uruguay ramping up the search for oil?

The South American country has begun exploration in its Atlantic waters, with experts warning it is endangering livelihoods, marine life and climate goals

The National (Scotland)

North Sea firms to go ahead with Rosebank despite 'unlawful' court ruling

NORTH Sea operators are to press ahead with the development of two major oil and gas fields despite the project being ruled as “unlawful” in a…

The National (Scotland)

Scottish Labour MPs call for UK Government to act on Grangemouth future

FOUR Scottish Labour MPs have called for the investment of public money into converting Grangemouth oil refinery ...

The Conversation

‘Sustainable’ aviation fuel and other myths about green airport expansion debunked

Environmentalists and locals have resisted a third runway at London’s Heathrow, Europe’s busiest airport, for more than two decades. Today, their efforts took a major setback.

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