The Latest Breaking News from Oil

The UK Government has approved Jackdaw - will this make my energy bills cheaper?

THE UK Government have just approved Jackdaw, a new gas field in the North Sea – but will it make our bills any cheaper?

The National (Scotland) · 5h ago

High rent and expensive food: Can the EU help citizens deal with inflation?

Volatile energy prices have pushed consumer price indices across major EU economies. Now, they nearly double the ECB’s inflation target of 2%.

Euronews · 5h ago

Jackdaw gas field approval triggers backlash from environmentalists

Andy Burnham said the scheme will protect hundreds of jobs and help keep British homes warm this winter.

Evening Standard · 6h ago

Scottish Government responds as Jackdaw gas field approved

THE decision to approve the Jackdaw gas field will help bring “stability and certainty” in the country’s energy sector after “many years of difficulty” the Scottish Government has said ...

The National (Scotland) · 7h ago

Wednesday briefing: ​Why has Jackdaw been approved in the middle of a climate crisis?

In today’s newsletter: The government has approved drilling in the Jackdaw gas field despite fierce opposition and evidence against it

The Guardian - UK · 7h ago

UK Government approves Jackdaw gas field after months of speculation

THE JACKDAW gas field has been approved by the UK Government, after months of speculation about its future ...

The National (Scotland) · 7h ago

'No surrender': UN urges action as 1.5C goal slips away

Global temperatures are on track to rise by 2.8C by the end of the century unless nations make deep emission cuts, including those from coal, oil and gas.

AAP · 8h ago

Asian shares are mixed, with Kospi up 3% after US stocks rally on strong earnings

Asian shares are mixed with Japan and South Korea tech stocks advancing following a broad rally on Wall Street

The Independent UK · 8h ago

Indian bonds sell off on oil shock ahead of RBI policy minutes

Indian government bonds experienced a significant decline due to rising oil prices, raising concerns about inflation among investors. The benchmark bond yield has reached its highest point since March, leading to a more cautious trading environment. Additionally, consumer inflation in India rose to 5.54%, with forecasts indicating further increases in…

The Economic Times · 8h ago

Japan records a trade deficit as oil imports soar because of conflict in the Middle East

Japan’s trade deficit has reached 2.81 trillion yen, or $17.8 billion, for the first fiscal half, according to government data, as the war in Iran sent oil import prices soaring

The Independent UK · 9h ago