The Latest Breaking News from Oil

BP, the giant oil company, agreed to settle a lawsuit brought by environmental groups that accused the Whiting refinery of repeatedly violating the U.S. Clean Air Act.

The EU raises serious questions about the actions of French energy giant TotalEnergies in Uganda, with MEPs saying the group's oil pipeline project has led to evictions and arrests. Also in this edition: the United Nations publishes a report shedding light on increased human rights violations in Burkina Faso. Finally,…

The Biden administration’s plan to refill the strategic reserve will likely prevent crude prices from plunging further. Moreover, the International Energy Agency has provided a solid demand outlook. Thus, we believe buying fundamentally sound oil stocks Valero Energy (VLO), Marathon Oil (MRO), and APA Corporation (APA) might be ideal before…

Europe is battling the worst energy crisis in decades, with Russia cutting off gas supplies indefinitely. Amid this, we think investors looking to invest in the energy sector should add energy stocks Valero Energy (VLO), Marathon Oil (MRO), and APA Corporation (APA) to their portfolios now, but avoid Tellurian (TELL),…

Biofuels – and a broader bioeconomy – are key parts of New Zealand’s recently released first emissions reduction plan, particularly for transport, forestry and a transition to a more circular use of resources.

Oil titan BP has agreed to pay $2.75 million to settle a lawsuit over air pollution from its largest refinery

U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite dropping over 100 points on Thursday.

Demonstrators, aged 24 to 78, appeared at the Royal Courts of Justice on Thursday afternoon following a protest at the Kingsbury Oil Terminal.

In some respects, the UK has been among the world’s most successful countries at taking action against climate change over the past few decades. Yet that progress could be reversed and thrown away for a few years of slightly cheaper gas for a few people, and a lot of profits…

Campaigners hope to see a radical shift under the former renewables boss but it is likely to be more continuation than revolution

SOARING oil and gas revenues from the North Sea could give arguments for Scottish independence a “boost”, experts have said.