The Latest Breaking News from Oil

Anglo-Dutch oil major to return £3.2 billion to investors

The new Oleato beverages are infused with a press of Partanna extra virgin olive oil to create a “velvety smooth coffee” with Starbucks having already launched the range in the UK and Japan

The International Monetary Fund (IMF) confirmed that government-led reforms and private investment growth in new sectors would help support non-oil economic growth in Saudi Arabia to be less dependent on oil. The Saudi economy grew 8.7 percent last year, while the real GDP during the fourth quarter of 2022 increased…

Global energy giant Shell says it earned nearly $10 billion in the first quarter, becoming the latest fossil fuel company to post strong financial results despite sliding oil and gas prices

OIL giants Shell, Equinor and BP have announced multi-billion pound profits, sparking calls for tougher windfall taxes on fossil fuel companies.

Iraqi Prime Minister Mohammad Shia al-Sudani announced that his country’s relations with brotherly Arab countries “have reached their best through mutual respect and respect for the sovereignty of the Iraqi state.” On Wednesday, Sudani met with representatives of a number of oil companies operating in Iraq, and attended the launch…

The priceless objects are part of the Crown Jewels – the nation’s most precious treasures

As consumers turn to renewable and recyclable products, protests over industry’s use of misleading terms have proliferated

KYIV: Kyiv and Moscow reported drone attacks on Thursday including two that sparked fires in Russian oil refineries, as Ukrainian President Volodymyr Zelensky visited The Hague to lobby for more support.