The Latest Breaking News from Oil

The domestic price of diesel will fall to 34.50 baht a litre later this month, down from 34.94 baht, following a decline in global crude oil prices.

Shooting in Atlanta part of dangerous escalation in the criminalization of environmental defenders, campaigners warn. Plus, how to escape learned loneliness

Prime Minister Jonas Gahr Støre of Norway says the oil-rich Scandinavian country will become one of the world’s top donors to Ukraine when his government presents another planned military and civilian aid package

Here’s a simple glaze to flavor skirt steak. It’s a quick recipe for Valentine’s Day or really for anytime you want a steak dinner. I make the Sweet Potatoes and Zucchini side dish in the microwave. It’s fast and saves washing another pot. Microwave ovens have different power levels. Use…

Big banks and investment firms have joined the ranks of companies making "net-zero" pledges. But their huge stakes in oil and gas projects are undermining their climate promises.

Global energy giant Shell says annual profits doubled to a record high last year as oil and gas prices soared after Russia’s invasion of Ukraine

Promising a deeper cleanse than ever before

OIL giant Shell has said that profits skyrocketed to £68.1 billion in 2022 due to soaring oil prices.

Energy giant's earnings leap 53% year-on-year, following the Russian invasion of Ukraine

The Egyptian Cabinet approved on Wednesday 13 draft agreements between the Egyptian General Petroleum Corporation, the Egyptian Natural Gas Holding Company, and a number of international companies. Under the deals, the Egyptian General Petroleum Corporation will be responsible for oil exploration in areas west of Wadi Natrun, east of Siwa,…

Government letting energy giants ‘off the hook’, say opposition and campaigners after profits hit £68bn