The Latest Breaking News from Oil

Climate group Just Stop Oil said 51 of its supporters are disrupting seven petrol stations across London.In some locations, activists rendered fuel pumps unusable by breaking their display glass or covering them with spray paint.At others they blocked access by sitting on the road with banners.The action started at around…

More than 50 eco-warriors from Just Stop Oil have blocked service stations and smashed up petrol pumps across west and central London.

Greens leader Adam Bandt has taken aim at the government's decision to approve thousands of kilometres of offshore waters for oil and gas exploration.

The Interior Department is giving 24 states a total of $560 million to start cleaning high-priority oil and gas wells abandoned on state and private land

Potential supply cut concerns are boosting the oil prices while demand remains robust. Amid this, Wall Street analysts expect energy giants Shell plc (SHEL), ConocoPhillips (COP), and TotalEnergies (TTE) to soar 15% or more in the near term. Read more….

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 1% on Thursday.

Ofgem announcement will ‘strike fear’ into hearts, says Rachel Reeves, amid accusations of profiteering at oil and gas firms

NEW DELHI: India’s largest oil refiner and fuel retailer IndianOil on Thursday unveiled a Rs 2 lakh crore roadmap to achieve net zero greenhouse gas emission from its operations by 2046.

LOS ANGELES — The Texas company that operates the oil pipeline that sent at least 25,000 gallons of crude gushing into the waters off Southern California in a spill last fall has tentatively agreed to settle more than a dozen lawsuits brought by Orange County business owners and residents.