The Latest Breaking News from Oil

Pirates boarded and hijacked an oil tanker six days ago in the Gulf of Guinea, south of Nigeria, since then British and French navies have helped the company try and track down the missing ship

OPEC+ is likely to stick to its existing deal to cut oil output at a meeting on Monday, five delegates from the producer group told Reuters, after oil prices recovered following a drop to 15-month lows. Oil has recovered towards $80 a barrel for Brent crude after falling to near…

Editorial: The government has chosen oil and gas over renewables, increasing the climate threat

The sweeping bill amounts to a "trickle down fantasy" to hand profits to fossil fuel companies, she said

Ecuador's opposition has compelling evidence to present against President Guillermo Lasso at his impeachment hearing, a lawmaker said on Thursday, including irregularities in a crude oil shipping contract, accusations Lasso vehemently denied in a televised message.

Alex Elder, of Gateshead, thought he was talking to two girls aged 13 and 14 but in fact they were decoy profiles set up by paedophile hunters

May WTI crude oil (CLK23 ) this morning is up +1.22 (+1.67%), and May RBOB gasoline (RBJ23 ) is up +0.50 (+0.19%). May Nymex natural gas (NGK23 ) is down -0.070 (-3.21%). Crude oil and gasoline prices this morning are moderately higher. Dollar weakness today is pushing energy prices higher....

It is the largest such field in the North Sea area, capable of producing 69,000 barrels of oil and 44 million cubic feet of gas per day

The UK government reportedly chose Aberdeen, its carbonisation capital, as the original location to relaunch its de-carbonisation strategy. The strategy, now published, has been strongly criticised by environmentalists. Part of the plan to transition the country away from oil and gas is to allow highly subsidised, mostly foreign-owned companies to…