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The Latest Breaking News from Oil

Mixed Public Opinion On President Trump's Early Actions

Explore varying public opinions on Trump's early actions in his second term, from executive orders on sex recognition and oil production to controversial p...

Top News

Activists smash display cases with typhoon-wrecked belongings at Shell’s London HQ

Greenpeace activists swept broken glass into the doorways at the oil company’s HQ

Evening Standard

Solomon Islands landowners seek compensation over catastrophic oil spill

Claim over the 2019 Rennell Island disaster, which saw more than 300 tonnes of fuel leak into the water, filed in the Solomons High court

The Guardian - AU

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The Oil Industry’s $7.4B Problem—And One Man’s Mission to Fix It

At 10 years old, Abdul-Latif Benson Lamidi walked 5 km to school—barefoot. His classroom? An open space under a tree. Books? Scarce. Clean drinking water? A luxury. Yet, today, Abdul-Latif Benson Lamidi is a reservoir engineer reshaping the global energy industry. With two PhDs, over 20 research papers, and innovations…

inkl

Crude Settles Higher on Dollar Weakness and Reduced Russian Crude Production

March WTI crude oil (CLH25 ) Tuesday closed up +1.00 (+1.38%), and March RBOB gasoline (RBH25 ) closed up +0.0431 (+2.05%). Crude oil and gasoline prices Tuesday rose to 1-week highs and settled moderately higher. Tuesday's weaker dollar is supportive of energy prices. Also, signs that US sanctions are hurting...

Barchart

Time for BP’s chair to head for the exit

Helge Lund is too closely tied to share price failure and BP’s inability to carry its investors with it

The Guardian - UK

Crude Pushes Higher as Russian Crude Output Falls

March WTI crude oil (CLH25 ) today is up +0.82 (+1.13%), and March RBOB gasoline (RBH25 ) is up +0.0399 (+1.90%). Crude oil and gasoline prices today rallied to 1-week highs and are moderately higher. Today's weaker dollar is supportive of energy prices. Also, signs that US sanctions are hurting...

Barchart

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How Margaret Thatcher devastated Scotland as Tories celebrate her 50-year anniversary

YOU may have seen members of the Conservative Party sharing a lovely graphic to celebrate 50 years since Margaret Thatcher became Tory party leader.

The National (Scotland)

3 Stocks to Gain From the Rising Demand in Offshore Drilling

Trump "Drill. baby, drill" initiatives can spark more demand for contract offshore oil drillers. Here are 3 drillers that can benefit from new market demand.

MarketBeat

Activist Elliott Management Wants Phillips 66 To Spinoff This Segment To Boost Stock Price

Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company.

Investors Business Daily

'Limpet mines' suspected of blowing three holes in 'shadow fleet' oil tanker in Russian port

The vessel was hit below the water line

Evening Standard

Russian Forces Target Ukraine's Energy Infrastructure In Missile Attack

Recent developments in the conflict between Russia and Ukraine involving attacks on energy infrastructure and a retaliatory drone strike on a Russian oil r...

Top News

Ukraine and Russia trade long-range attacks as officials probe possibilities for peace

Officials say Russian forces have targeted Ukraine’s energy and gas infrastructure in a “massive” nighttime missile attack, while Ukrainian drones struck an important oil refinery inside Russia

The Independent UK

Sarwar accused of ‘face-saving’ after ‘radio silence’ on Grangemouth closure

The Unite union attacked the Scottish Labour leader after he said the UK Government has not done enough for the workers at the oil refinery.

Evening Standard

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International Business Times

BP Pledges Strategic 'Reset' As Profit Tumbles

Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged to "fundamentally reset" its strategy.

Evening Standard

BP boss vows to ‘reset’ strategy after annual profits slump

The FTSE 100 firm reported a 36% drop in profits to £7 billion, as speculation grows that it will turn away from renewables to improve returns.

The Guardian - UK

BP chief says it will ‘fundamentally reset’ amid threat of activist investor

Murray Auchincloss promises improvements after annual profits fell to $8.9bn last year from almost $14bn in 2023

The Fashion Central

Labour Civil War Erupts as Keir Starmer and Rachel Reeves Face Backlash Over Oil Refinery Jobs

The MP representing Grangemouth has expressed frustration over the “underwhelming” responses from his Labour colleagues.

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Motor1

Wrecked: This Mazda 2.0L Skyactiv Engine Put a Rod Through the Block

Certain parts of an engine shouldn’t be visible from the outside. If they are, something went wrong. It’s often not normal wear and tear that puts a rod through a block, so being able to see straight through this Mazda 2.0-liter Skyactiv engine means bad things happened inside.

Latin Times

Who is The Florida Oil Tycoon Who Reportedly Brokered The Meeting Between Venezuela's Maduro And The Trump Admin

Harry Sargeant III, who has long sought to expand his energy dealings in Venezuela, was allegedly a key figure in facilitating negotiations

Barchart

Crude Oil Rallies as Middle Eastern Crude Producers Raise Prices

March WTI crude oil (CLH25 ) Monday closed up +1.32 (+1.86%), and March RBOB gasoline (RBH25 ) closed down -0.0008 (-0.04%). Crude oil and gasoline prices settled mixed Monday. Crude oil prices rallied as tighter US sanctions on Russian crude limited global oil supplies, allowing the largest Middle Eastern oil...

StockNews.com

3 Oil & Gas Stocks Benefiting from Rising Energy Prices

The recent oil price hikes have boosted the prospects of the energy market, making investment in oil & gas stocks a suitable choice. Thus, adding quality oil and gas stocks Obsidian Energy (OBE), Suncor Energy (SU), and VAALCO Energy (EGY), which are benefiting from rising energy prices, could be ideal…

The Texas Tribune

Project 2025 adviser takes the reins at EPA region including Texas

Scott Mason IV, a former deputy energy secretary for Oklahoma and member of the Cherokee nation, is the new administrator for the region that covers Texas and four neighboring states.

Evening Standard

Thousands of North Sea jobs at risk because of Government’s zealotry, Tories say

Shadow environment minister Andrew Bowie pressed the Government on its plans for Rosebank and Jackdaw.

The Conversation

There isn’t enough ‘sustainable’ aviation fuel to make a dent in our emissions – and there won’t be for years

The UK chancellor, Rachel Reeves, has described so-called sustainable aviation fuel (SAF) as a “game changer”. As she announced government support for a series of airport expansions, she said that the fuel “can reduce carbon emissions from flying by 70%”.

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