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The Latest Breaking News from Oil

New Mexico Fights Over Oil and Gas Enforcement Funding

Powerful senator threatens Environment Department with funding cuts, its secretary with investigation.

Capital & Main

Saudi Arabia Emerges As Key Player In Russia-Ukraine Peace Talks

Learn how Saudi Arabia's oil influence and global ambitions shape its role in mediating peace talks between Russia and Ukraine.

Top News

Wood Group extends cost-cutting drive and cancels employee bonuses

The company, which has more than 6,000 staff in the UK, declined to comment on whether the savings plan would include job cuts.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

5 non-toxic ways to make your home smell nice all the time – without harming your health or the planet

Clean, simmer and spritz your way to a great smelling space

Homes & Gardens

How to look after your cuticles, according to nail pros

Here’s how to freshen up your cuticles, keep them healthy and protected from infections.

The Independent UK

Modi hails Trump ‘mega-partnership’ as India pledges to buy more US oil and gas

New announcement comes after Trump attacked India over climate for American businesses

The Independent UK

Here's why gravy is so special

It's so much more than just "something tan or brown to fill [your] elongated, boat shaped serving pieces"

Salon

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Crude Prices Recover on Potential Delays to Trump Tariffs

March WTI crude oil (CLH25 ) Thursday closed down -0.08 (-0.11%), and March RBOB gasoline (RBH25 ) closed up +0.0211 (+1.01%). Crude oil and gasoline prices settled mixed on Thursday, with crude falling to a 6-week low. Crude prices are under pressure as geopolitical risks eased after President Trump and...

Barchart

Where are Gasoline Prices Heading in the 2025 Driving Season?

The gasoline market is moving towards the 2025 peak driving season. However, historical price action may not be a guide for the path of least resistance of prices over the coming weeks and months.

Barchart

Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises

Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.

Evening Standard

Thirteen more oil and gas licences could be cancelled after Rosebank court ruling

Exclusive: Future of further projects uncertain after Rosebank and Jackdaw licences were found to have been unlawfully granted

The Guardian - UK

London High court probes Shell over Niger Delta pollution claims

The High Court in London commenced a hearing to address allegations that the oil company Shell has polluted vast areas of the Niger Delta in Nigeria, particularly in regions traditionally claimed by the Ogoni people.

Radio France Internationale

Crude Prices Pressured by Potential US-Russian Talks to End Ukraine War

March WTI crude oil (CLH25 ) today is down -0.31 (-0.43%), and March RBOB gasoline (RBH25 ) is up +0.0024 (+0.11%). Crude oil and gasoline prices today are mixed, with crude falling to a 6-week low. Crude prices are under pressure today as geopolitical risks eased after President Trump and...

Barchart

Feeling the cold? These 5 energy-saving heaters will keep you warm without touching the thermostat

Stay cosy with one of these top picks

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The Conversation

Trump and Maduro refresh a complex relationship governed by self-interest and tainted by Venezuela election fraud

In 2019, President Donald Trump recognized then-Venezuelan opposition leader Juan Guaidó as the country’s interim leader over Nicolás Maduro, who has ruled the country since 2013.

MarketBeat

Will Falling Bond Yields Send These 2 Small Caps Soaring?

Recent trade tariff volatility has caused the small cap stocks index to hold stronger than the broader S&P 500 index in recent weeks, meaning more strength.

The Guardian - UK

A ‘recipe for extinction’: can the US’s envied nature protections survive Trump and his ‘God squad’?

Fears grow for endangered species as the US president sets about dismantling basic laws to protect them to make way for oil and gas drilling

International Business Times

Asian Stocks Rise, Oil Falls As Trump Fans Ukraine Peace Hopes

Asian markets mostly rose Thursday and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes for an end to the Ukraine war after news Donald Trump and Russia's Vladimir Putin had discussed peace talks.

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The Independent UK

Brazil's Lula backs oil exploration in the Amazon ahead of hosting UN climate talks

Brazil's President Luiz Inácio Lula da Silva is defending oil exploration near the mouth of the Amazon River as a way to finance a transition to green energy

Barchart

Crude Prices Fall on EIA Crude Build and US Proposals to End Ukraine War

March WTI crude oil (CLH25 ) Wednesday closed down -1.95 (-2.06%), and March RBOB gasoline (RBH25 ) closed down -0.0577 (-2.69%). Crude oil and gasoline prices posted moderate losses on Wednesday. Wednesday's rally in the dollar index (DXY00 ) to a 1-week high weighed on energy prices. Also, Wednesday's fall...

The Independent UK

Tar balls wash ashore on Florida beaches, but the source of the sticky black goo is a mystery

The U.S. Coast Guard has been searching for tar balls that began showing up on Florida beaches over the weekend

International Business Times

Chevron To Cut 15-20% Of Workforce By End Of 2026

Chevron will cut 15 to 20 percent of its workforce as part of a reorganization to save money and to position the oil giant for the long-term, the company said Wednesday.

The Independent UK

Oil and gas advocate named by Trump to lead agency that manages federal lands

President Donald Trump has nominated a longtime oil and gas industry representative to oversee an agency that manages a quarter-billion acres of public land concentrated in western states

Barchart

Crude Prices Slide on Dollar Strength and Robust EIA Crude Inventories

March WTI crude oil (CLH25 ) today is down -1.10 (-1.50%), and March RBOB gasoline (RBH25 ) is down -0.0320 (-1.49%). Crude oil and gasoline prices today are moderately lower. Today's rally in the dollar index (DXY00 ) to a 1-week high weighs energy prices. Also, today's fall in the...

The Independent UK

Just Stop Oil protesters deny damaging Charles Darwin’s grave

Lee and Bligh will appear before Southwark Crown Court on March 12.

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