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The Latest Breaking News from Oil

Harris Says In First Interview US Ready To Turn Page On Trump

The 59-year-old Democrat insisted on CNN that she would be tough on illegal immigration and support controversial oil and gas fracking -- while sticking to her liberal background by pledging a fairer economy.

International Business Times

Ecuador starts dismantling Yasuni National Park oil block two days before court deadline

Ecuador’s Ministry for Energy and Mines says it has begun to dismantle infrastructure on a controversial oil drilling block in Yasuni National Park, home to the Waorani Indigenous people

The Independent UK

What if Big Oil championed – and profited from – the green transition? Here’s how it could work

Like the petroleum industry itself, households are heavily invested in existing transport technologies. Getting oil and gas companies – and consumers – to switch to zero-emissions transport is a huge challenge.

The Conversation

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Crude Closes Higher on Economic Optimism and Prospects for Tighter Global Oil Supplies

Oct WTI crude oil (CLV24 ) Thursday closed up +1.39 (+1.87%), and Oct RBOB gasoline (RBV24 ) closed up +4.04 (+1.95%). Crude oil and gasoline prices settled moderately higher Thursday on signs of strength in the US economy that supports energy demand. Crude also moved higher as supply disruptions in...

Barchart

Houthis release footage of fighters boarding Greek oil tanker in Red Sea

Video appears to show a series of explosions on the vessel, amid fears of a potential major oil spill.

Al Jazeera

You’ve been sleeping on the latest beauty trend: astrology

From face oils to candles, the beauty industry has started taking inspiration from the stars

Evening Standard

Houthi Rebels Sabotage Greek Tanker In Red Sea

Houthi rebels sabotage Greek tanker Sounion, risking major oil spill in Red Sea. International concern over environmental impact.

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Yemen's Houthi rebel video shows they planted bombs on tanker now threatening Red Sea oil spill

Yemen’s Houthi rebels have released footage showing that they boarded and intentionally set explosives aboard a Greek-flagged tanker that was abandoned after they repeatedly attacked it, putting the Red Sea at risk of a major oil spill

The Independent UK

Crude Rallies on Global Energy Demand Optimism and Supply Disruptions in Libya

Oct WTI crude oil (CLV24 ) today is up +1.83 (+2.46%), and Oct RBOB gasoline (RBV24 ) is up +3.69 (+1.78%). Crude oil and gasoline prices are sharply higher today on signs of strength in the US economy that supports energy demand. Crude is also rallying as supply disruptions in...

Barchart

Malaysia beefs up search for Indian tourist who fell into sinkhole a week ago

The search for an Indian tourist who was swallowed by a sinkhole in Malaysia’s capital has entered a seventh day, with the operation hampered by strong undercurrent flows and worries about soil instability after a second sinkhole emerged nearby

The Independent UK

Calls for Rosebank and Jackdaw licences to be revoked as legal defence dropped

THE UK Government must revoke the licences for the Rosebank and Jackdaw oil fields after opting not to defend legal cases against them, the Scottish…

The National (Scotland)

Ed Miliband’s withdrawal of legal backing puts UK oil and gas projects in doubt

Government says it will not challenge reviews of approval given to controversial Jackdaw and Rosebank fields

The Guardian - UK

Government drops legal defence for UK’s largest untapped oil and gas fields

However licences for drilling at the two sites will not be withdrawn

The Independent UK

US leads wealthy countries spending billions of public money on unproven ‘climate solutions’

Exclusive: Over $12bn in subsidies awarded for technologies like carbon capture experts call ‘colossal waste of money’

The Guardian - US

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The Guardian - US

How Exxon chases billions in US subsidies for a ‘climate solution’ that helps it drill more oil

Climate experts raise red flags as oil giant spends millions lobbying while touting ‘underperforming’ carbon capture

The Conversation

How drone attacks are changing the rules and the costs of the Ukraine war

Ukraine has unveiled a new long-range weapon, a mix of drone and missile technology that Kyiv believes will significantly boost its ability to combat Russian military attacks.

The National (Scotland)

UK Government drops legal battle over largest untapped North Sea oil fields

THE UK Government will not challenge judicial reviews brought against development consent for two oil and gas fields in the North Sea ...

The Guardian - UK

Russia-Ukraine war: Putin regime ‘threatening world with nuclear catastrophe,’ says Ukraine – as it happened

IAEA has urged both sides to refrain from fighting around nuclear plants

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The Independent UK

Bored of fish? These summery Asian recipes will change your mind

Tired of the same old fillets and lemon wedges? Dive into these three vibrant Asian-inspired dishes that turn ordinary fish into extraordinary summer meals. From miso salmon burgers to zesty prawn noodle salad and a quick tuna nasi goreng, these recipes are a game-changer for your seafood repertoire

Top News

Ecuador Faces Challenges In Halting Oil Drilling In Amazon

Ecuador's failure to halt oil drilling in Yasuni National Park raises concerns among supporters and Indigenous communities.

StockNews.com

3 Oil & Gas Stocks Still Trading at a Discount

The growing oil demand, pressured supply, and geopolitical instability are favoring the oil and gas industry. Therefore, it could be wise to invest in top oil & gas stocks APA Corporation (APA), Obsidian Energy (OBE), and VAALCO Energy (EGY), which are trading at a discount. Read on.

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