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The Latest Breaking News from Oil

AI-Driven Business Insights and Decision-Making

In the modern business landscape, data is considered the new oil. With the help of skilled AI consultants, businesses can harness vast amounts of data and extract meaningful insights, becoming game-changers in their industries.

inkl

North Sea could produce half of all UK oil and gas in run up to 2050 – report

Industry body Offshore Energies UK made the claim in a new report.

The Independent UK

Trump wants Greenland. But much of the island is vanishing

The Greenland ice sheet makes up 80 percent of the world’s largest island. And, it’s melting thanks to human-caused climate change

The Independent UK

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Trump says he'll put a 25% tariff on countries that buy Venezuelan oil, though the US does so itself

President Donald Trump says he will place a 25% tariff on all imports from any country that buys oil or gas from Venezuela

The Independent UK

Crude Prices Rise as President Trump Threatens Tariffs on Countries Buying Venezuelan Crude

May WTI crude oil (CLK25 ) Monday closed up +0.83 (+1.22%), and May RBOB gasoline (RBK25 ) closed up +0.0117 (+0.53%). Crude oil and gasoline prices on Monday settled moderately higher, with crude posting a 3-week high. Crude prices rallied Monday after President Trump announced a 25% secondary tariff on...

Barchart

Trump to impose 25-percent tariffs on countries that buy oil from Venezuela

The US president also announced he would seek to launch an ‘External Revenue Agency’ on April 2 to collect tariffs.

Al Jazeera

Trump To Impose Sharp Tariff On Countries Buying Venezuelan Oil

US President Donald Trump announced Monday steep tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty.

International Business Times

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Brazil Chief Raoni Says Will Challenge Lula On Amazon Oil Project: AFP Interview

Brazilian environmental campaigner and tribal leader Raoni Metuktire is pitting himself against the government to stop plans for an oil mega-project at the mouth of the Amazon river.

International Business Times

Crude Prices Gain as President Trump Threatens Tariffs on Purchasers of Venezuelan Crude

May WTI crude oil (CLK25 ) today is up +0.69 (+1.01%), and May RBOB gasoline (RBK25 ) closed up +0.0094 (+0.43%). Crude oil and gasoline prices today are moderately higher, with crude climbing to a 3-week high. Crude prices jumped to their highs today after President Trump announced a 25%...

Barchart

Trump threatens to tax imports from countries that allow imports of Venezuelan oil

Trump’s threat would penalize American consumers for decisions made by private businesses

The Independent UK

China, India, Spain Could Face Additional U.S. Tariffs As Trump Threatens Action Against Countries Buying Venezuelan Oil And Gas

President Donald Trump said any country purchasing oil or gas from Venezuela will "be forced to pay a Tariff of 25% to the United States on any Trade they do with our Country"

Latin Times

Herby panisses, fancy cauliflower pie, passion fruit creme caramel – Georgina Hayden’s recipes for a spring feast

Having people round for a spring lunch? Keep things relaxed with this mostly make-ahead menu

The Guardian - UK

The Massive Energy Requirements of Treating Texas’ Oilfield Wastewater

One company wants small nuclear reactors to power the energy-intensive process of purifying vast volumes of toxic “produced water” for use in agriculture and industry.

Texas Observer

Powell Warns of More Inflation—Here’s Where Smart Money Is Moving

There's a rotation happening right now in these three ETFs, caused by the latest commentary from the FOMC meeting suggesting more inflation ahead.

MarketBeat

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LiveScience

Intelligent aliens would need a power supply to jump-start their civilization — would they require fossil fuels?

Fossil fuels powered the industrial revolution. Would aliens need a similar power source to jump-start a technical revolution?

The National (Scotland)

What options are out there for Grangemouth oil refinery workers losing their jobs?

PETROINEOS announced in September last year that it would close the Grangemouth oil refinery in the second quarter of 2025, laying off 400 staff in…

Euronews

Will Iran go nuclear now that Trump is in power - or can a deal be done?

Will Iran build its first nuclear bomb or will it reach a deal with the West? A journalist from the Euronews Persian Service examines Tehran's options.

The Guardian - UK

Just Stop Oil protester, 78, who was returned to jail as no tag fitted her, on her life inside

Gaie Delap on the shocking failures in healthcare and support she saw in jail, and how she coped with being there

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news in one place.

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Radio France Internationale

What can impressionist art teach us about climate change?

The Musée d’Orsay is partnering with 12 museums around France in a project that uses impressionist art to highlight climate change – works that collectively tell the story of human enterprise at the end of the 19th century, and the role artists of the time played in unintentionally documenting the…

Tom’s Guide

How to get rid of bed bugs naturally with the $6 household staple you might already own

Tea tree oil could act as a natural insecticide to kill bed. bugs — how to use it on your mattress.

Euronews

From the gulag to the rolling hills of Tuscany: 100 Years of Karl Stengel

The centenary of the birth of postwar Hungarian artist Karl Stengel offers a moment to rediscover the artist’s extraordinary story, with exhibitions in Florence, London, and Mexico highlighting his legacy.

The National (Scotland)

Expert warns Syrian-Kurdish deal struck with US is already starting to unravel

THE historic Syrian-Kurdish deal that promised peace has “already been broken”, a leading expert has warned.

The Independent UK

New Mexico legislators OK increase on future oil royalty rates for prime land

New Mexico's Legislature has endorsed a bill that would raise royalty rates for new petroleum development on prime parcels in one of the world’s most prolific oil basins

Latin Times

Biden Admin Reportedly Reached Secret Deal With Allowing Chevron To Send Hundreds of Millions To Venezuelan Regime

The Biden administration reportedly reached a secret deal that allowed oil giant Chevron pay millions of dollars to the Venezuelan regime

Barchart

Crude Prices Close Slightly Higher on Possible Tighter Global Oil Supplies

May WTI crude oil (CLK25 ) Friday closed up +0.21 (+0.31%), and May RBOB gasoline (RBK25 ) closed up +0.0026 (+0.12%). Crude oil and gasoline prices posted modest gains on Friday. Crude prices had carryover support from Thursday when the US ramped up sanctions on Iranian crude exports, which could...

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