The Latest Breaking News from Oil

Four times we were told Scotland's oil was running out

AS the Prime Minister announced hopes to dole out hundreds of new oil and gas exploration licences today, many found themselves asking: “Wasn’t…

The National (Scotland) · Jul 31, 2023

Crude Prices Underpinned by Tight Supplies and Global Economic Strength

September WTI crude oil (CLU23 ) this morning is up +1.01 (+1.25%), and Sep RBOB gasoline (RBU23 ) is down -0.93 (-0.42%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 3-1/2 month high. Crude prices are underpinned by recent supply cuts from OPEC+ and...

Barchart · Jul 31, 2023

How to make grilled steak and green bean salad

Steak salads make for a fresh and substantial bowl that you can call a meal.

Chicago Sun-Times · Jul 31, 2023

What is carbon capture and how does it work?

HUNDREDS of new oil and gas licences will be granted in the UK, with the Government committed to developing existing reserves as well as carbon…

The National (Scotland) · Jul 31, 2023

The United States, Iran, And The Lessons Of The Last War

The disillusionment of the United States after the most recent wars, and the consequent desire to avoid repeating them

Zenger · Jul 31, 2023

Billionaire Scottish oil tycoon issues net zero message to Rishi Sunak

RISHI Sunak has been told to focus on “realising the massive renewables opportunity” in Scotland by one of the country’s most…

The National (Scotland) · Jul 31, 2023

UK must 'max out' North Sea oil and gas to go green, Tory minister claims

THE Government’s plans to “max out” North Sea oil and gas reserves poses “no contradiction” to its stated green ambitions, a minister has…

The National (Scotland) · Jul 31, 2023

In pictures: Rishi Sunak visits Shell gas plant during visit to Scotland

RISHI Sunak has paid a visit to Scotland after the UK Government announced it would grant hundreds of new North Sea oil and gas licences.

The National (Scotland) · Jul 31, 2023

UAE state oil firm moves up net zero climate target to 2045

A state-run oil giant in the United Arab Emirates says it has moved up its target for achieving net zero emissions in its operations to 2045

The Independent UK · Jul 31, 2023

Approving Rosebank oil and gas field would be ‘death sentence’ say activists

If approved, it would lead to around 500 million barrels of oil being produced, with the Government saying it is necessary for energy security

Evening Standard · Jul 31, 2023