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The Latest Breaking News from Oil

BP profits reach £23 billion after spike in oil and gas prices

Oil and gas giant comes in for criticism as it lowers the ambition of its climate change pledges

Insider UK

Oil giant BP 'laughing its way to the bank' as profits DOUBLE

PROFIT more than doubled at oil giant BP last year to hit record highs ...

The National (Scotland)

FTSE 100 Live: BP profits surge to £23 billion, house prices stable

BP today racked up an annual profit of $27.6 billion (£23 billion), more than double the previous year’s haul after a surge in oil and gas prices.

Evening Standard

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BP scales back climate goals as profits more than double to £23bn

Energy company faces calls for toughened windfall tax as it reaps rewards from high gas prices

The Guardian - UK

BP profits double to record £23bn after spike in oil and gas prices

Friends of the Earth says BP’s profits ‘will be yet more salt in the wound for millions of people who’ve struggled to afford to stay warm and well this winter’

The Independent UK

Oil Rises on China Outlook, Supply Worries after Türkiye Quake

Oil prices rose for a second straight session on Tuesday, driven by optimism about recovering demand in China, and concerns over supply shortages following the shutdown of a major export terminal after an earthquake in Türkiye. Brent crude futures rose 82 cents, or 1.01%, to $81.81 per barrel by 0300…

Asharq Al-Awsat

Oil and gas supplies may be 'impacted' as Santos workers continue strike over pay claim

Workers at Santos' Point Bonython port, near Whyalla, are continuing strike action that started in late 2022, with the union demanding a 5 per cent pay rise, or a rise that matches CPI.

ABC News

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Burning gas in oil fields a money pit

How poor methane rules are costing tribes and taxpayers

Salon

BP Stock Surges On Mixed Q4 Earnings, Decision To Throttle Back On Renewables

BP stock has rebounded 156% from Oct. 2020 lows of 14.74. Meanwhile, Exxon Mobil stock has ballooned 258% since then.

Investors Business Daily

Scottish activist completes one week occupying Shell oil platform

A SCOTTISH environmental activist is set to complete one week occupying a Shell oil platform at sea tomorrow.

The National (Scotland)

Russia-Ukraine war at a glance: what we know on day 348 of the invasion

Ukraine’s defence minister to be reshuffled into another job, Zelenskiy ally says; Ukraine braces for possible major Russian offensive this month

The Guardian - UK

Quake toll hits 4,000 in Turkey and Syria as rescue teams arrive

Rescue teams from overseas began arriving in Turkey on Tuesday after a pair of powerful earthquakes a day earlier killed at least 4,000 people in the country and neighboring Syria, leaving millions to suffer without power or heat throughout a snowy night.

Tribune News Service

Earthquakes kill 2,500 in Turkey and Syria; millions lose power

Some of the most powerful Middle East earthquakes in decades killed more than 2,500 people in Turkey and Syria, and left millions in the cold as night fell and snowfall increased.

Tribune News Service

Quake toll passes 3,400 in Turkey and Syria as search continues

Some of the most powerful Middle East earthquakes in decades killed more than 3,400 people in Turkey and Syria, and left millions in the cold as night fell and snowfall increased.

Tribune News Service

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Tribune News Service

Twin earthquakes kill 2,000 in Turkey and Syria; millions lose power

Some of the most powerful Middle East earthquakes in decades killed almost 2,000 people in Turkey and Syria, and left millions in the cold as night fell and snowfall increased.

Tribune News Service

Quake toll hits 4,000 in Turkey and Syria as overseas aid flows

Rescue teams from overseas began deploying in Turkey on Tuesday after a pair of powerful earthquakes a day earlier killed at least 4,000 people in the country and neighboring Syria, leaving millions to suffer without power or heat throughout a snowy night.

Asharq Al-Awsat

Lavrov in Iraq to Discuss US Sanctions over Ukraine

Russian Foreign Minister Sergei Lavrov and his Iraqi counterpart on Monday discussed unpaid bills owed to Russian oil companies because of US sanctions over the Ukraine conflict. Iraqi Foreign Minister Fuad Hussein told a Baghdad news conference that he would discuss the issue during a visit to Washington on Wednesday.…

Tribune News Service

Twin earthquakes kill almost 2,000 in Turkey and Syria

Some of the most powerful Middle East earthquakes in decades killed almost 2,000 people in Turkey and Syria and forced a halt in crude oil flows to a regional export terminal.

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The Texas Tribune

In South Texas, opponents say planned natural gas export facility’s carbon capture promises are “greenwashing”

A company planning to build a massive liquefied natural gas export facility near Brownsville says carbon capture technology will reduce its pollution, but some locals say it’s a “Band-Aid on a bullet hole.”

Tribune News Service

Pain at the pump: Gas in Nevada least affordable in US

LAS VEGAS — Gas prices have been a hot topic over the past year with the volatile crude oil market largely tied to the ongoing Russian invasion of Ukraine and inflation.

Daily Mirror

Preacher who sold £91 'plague protection oil' as bogus cure for Covid is spared jail

Bishop Climate Wiseman, who claimed to have performed miracles on the sick, including curing cancer, was spared jailed after being found guilty of fraud in December last year by selling £91 protection kits against covid.

The Independent UK

Bishop who sold bogus Covid cure made from cedarwood and olive oil avoids jail

Bishop Climate Wiseman sold the mixture consisting of hyssop, cedarwood and olive oil

Wales Online

Preacher sold 'divine plague protection kit' amid 'drop dead' warnings during covid pandemic

Bishop Climate Wiseman has been sentenced for fraud after selling the kits made up of 'plague protection oil', a card and scarlet yarn

Tribune News Service

Twin earthquakes kill more than 1,000 in Turkey and Syria

Some of the most powerful Middle East earthquakes in decades killed more than 1,000 people in Turkey and Syria on Monday and forced a halt in crude oil flows to a regional export terminal.

WEKU

Latest on Ukraine: EU just banned Russian diesel and other oil products (Feb. 6)

Catch up on key developments and the latest in-depth coverage of Russia's invasion of Ukraine.

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