The Latest Breaking News from Oil

Former BP maestro, Looney, waves farewell to future pay packets from the oil giant. Quite the plot twist in the corporate world's grand opera!

Oil crisis in Chennai: CPCL directed to deploy more oil boomers, skimmers, and personnel to remove oil from Ennore Creek. Boats, personnel, and gully sucker machines used to suck oil and clean debris. Booms and skimmers from Paradip and Chennai ports to contain oil in creek. Health, Animal Husbandry, Forest,…

At least 15 people who registered for Saudi Arabia’s delegation to the COP28 climate conference in Dubai appear to be undeclared employees of the Saudi state oil company, according to research by an environmental nonprofit

U.S. oil prices are trading below $70 per barrel, which has pushed oil stocks lower. Will oil stocks recover and go higher in 2024? Here's how Warren Buffett's views stack against Wall Street analysts.

Flooding has destroyed the Mexican town of El Bosque

Enermax noticed some of the fans used in the Revolution D.F. 2 and D.F. X series are leaking oil and hence doing a voluntary recall to be replaced with better fan bearings

Climate change minister says deal is not perfect but ‘transition away’ from oil and gas sends clear message to investors

The oil industry is expected to sustain momentum with an anticipated price rise in the coming year. Considering this, let's explore whether to buy or hold energy stocks Permianville Royalty Trust (PVL), Schlumberger Limited (SLB), and Subsea 7 (SUBCY) this December. Read on….

In economic and security calcualtions, the world is pragmatically less concerned with war on Gaza than with shipping.