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The Latest Breaking News from Oil

The Science Behind Piston Rings Is Astonishing

Piston rings look like simple pieces of metal. But they're the lifeblood of the ICE process, honed through decades of research.

Motor1

Climate activists cleared in UK of charges in rooftop protest at Sunak's estate

Four Greenpeace activists who were arrested for scaling the country estate of former British Prime Minister Rishi Sunak last year to protest his oil and gas drilling expansion plans have been cleared of criminal charges

The Independent UK

A rise in fuel duty needn’t be a car crash for Rachel Reeves

With petrol prices and inflation both low, motorists can absorb a reversing of Sunak’s 5p cut – and it could even boost electric car sales

The Guardian - UK

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Climate and war protests distracting police from protecting public, says Met chief

Mark Rowley claims officers could have been deployed to investigate ‘robberies and burglaries’ instead

Evening Standard

For a week, New York will be center of money-focused fight to slow climate change

The annual New York City Climate Week and United Nations General Assembly that's just about to start are emphasizing how to generate trillions of dollars that will be needed to help poorer countries move away from gas, oil and coal, fuels that release greenhouse gases and heat the planet

The Independent UK

Turkish youth finds common cause in protests against trade with Israel

In Turkey, a student-led campaign highlighting trade with Israel is putting President Recep Tayyip Erdogan in an increasingly tight spot. While the president has officially declared an embargo over Israel's war in Gaza, youth activists are exposing ongoing dealings that risk embarrassing the government and crossing traditional political divides.

Radio France Internationale

Retired priest speaks of ‘painful’ treatment by church over her climate protests

The Rev Sue Parfitt has lost right to conduct religious ceremonies after her arrest at a Just Stop Oil demonstration

The Guardian - UK

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Best Christmas gifts to buy from small businesses in 2024

Buy big, shop small

Evening Standard

Toad-in-the-hole: So simple, you’ll wonder why you’ve never made it before

A family favourite for the autumn

The Independent UK

Up Over 75% YTD, Is Targa Resources a Buy as Energy Prices Soar?

Targa Resources (TRGP) reported mixed financial results in the second quarter of 2024. While the company’s long-term outlook appears bright with strategic investments and capacity expansion, it is trading at an elevated valuation and struggles with declining bottom line. So, should you buy or hold this stock? Read more to…

StockNews.com

Crude Pressured by Dollar Strength and Increased Libyan Crude Exports

Oct WTI crude oil (CLV24 ) Friday closed down -0.03 (-0.04%), and Oct RBOB gasoline (RBV24 ) closed down -2.36 (-1.15%). Crude oil and gasoline prices Friday settled lower. Strength in the dollar Friday and increased crude exports from Libya weighed on oil prices. Also, ongoing concerns about weak energy...

Barchart

Greenpeace activists who scaled Sunak’s roof cleared by judge

Four protesters against North Sea oil and gas licences have charges of criminal damage thrown out

The Guardian - UK

As Green Bonds Tank, Analysts Fear Greenwashing Is to Blame

Major banks were underwriting bonds by energy giants that failed to meet climate goals.

Capital & Main

Crude Prices Underpinned by Heightened Middle East Tensions

Oct WTI crude oil (CLV24 ) today is up +0.14 (+0.19%), and Oct RBOB gasoline (RBV24 ) is down -1.22 (-0.59%). Crude oil and gasoline prices today are mixed. Heightened tensions in the Middle East are underpinning crude prices. Gains in crude are limited today by a stronger dollar and...

Barchart

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Evening Standard

OPINION - Want to live to 100? Ditch vegetables and commit pension fraud, apparently

Step away from the hummus, ditch the olive oil and for goodness' sake, put the sashimi back on the conveyor belt. It turns out that the key to living a super long life may not be healthy eating after all, but pension fraud

The Texas Tribune

Study finds levels of a dangerous gas “off the scales” in Central Texas oilfield

The smell of oil wells has long permeated Caldwell County, near Austin and San Antonio. Now researchers have documented wells releasing dangerous amounts of hydrogen sulfide gas.

Al Jazeera

Diplomatic failings and ‘elite bargains’ prolonging Libya turmoil: Analysts

With the central bank in turmoil, analysts say that diplomatic efforts in Libya are failing its people.

France 24

South African government seeks solution to millions in unpaid electricity bills

In South Africa, the government considers how to absorb the impact of around 400 million euros worth of electricity bills still unpaid by some districts. Also, NGOs say that French energy giant TotalEnergies' controversial oil project in northern Uganda, is having devastating effects on biodiversity. And after decades at the…

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Barchart

Risk-On Sentiment in Asset Markets and Middle East Tensions Boost Crude Prices

Oct WTI crude oil (CLV24 ) Thursday closed up +1.04 (+1.47%), and Oct RBOB gasoline (RBV24 ) closed up +4.93 (+2.45%). Crude oil and gasoline prices rallied to 2-week highs on Thursday and settled moderately higher. Crude rose Thursday after the Fed's aggressive 50 bp interest rate cut on Wednesday...

The Guardian - US

Elite US universities rake in millions from big oil donations, research finds

Student-led analyses raise concerns of conflict of interest at six universities, including Princeton, Columbia and Cornell

PC Gamer

Frostpunk 2: How to transfer oil and other resources from your colony to your city

You've struck oil! Now you've got to get it to your generator. Here's how.

StockNews.com

3 Top-Rated Oil & Gas Stocks Still Trading at a Discount

The oil and gas industry shows promise due to rising geopolitical tensions, declining U.S. crude inventories, and the potential for economic growth from interest rate cuts. With increasing global demand, it could be wise to consider buying top-rated oil and gas stocks: Enterprise Products Partners (EPD), Energy Transfer (ET), and…

Barchart

How Is Baker Hughes’ Stock Performance Compared to Other Oil & Gas Equipment & Services Stocks?

Baker Hughes has outperformed its industry peers over the past year, and analysts are highly optimistic about the stock’s prospects.

Barchart

Crude Rallies as Aggressive Fed Rate Cuts Spur Risk-On Sentiment in Asset Markets

Oct WTI crude oil (CLV24 ) today is up +0.83 (+1.17%), and Oct RBOB gasoline (RBV24 ) is up +4.10 (+2.04%). Crude oil and gasoline prices today rose to 2-week highs and are moderately higher. Crude is climbing today after the Fed's aggressive 50 bp interest rate cut on Wednesday...

Barchart

Should You Follow Insider Buying on This Energy Dividend Stock?

The article examines whether investors should follow insider buying on a promising energy dividend stock.

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