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The Latest Breaking News from Oil

World Will Amass 'Major' Oil Surplus By 2030: IEA

The world is likely to have a major surplus of oil by 2030 as production is ramped up while the clean energy transition tempers demand, the International Energy Agency said Wednesday.

International Business Times

Inside the Grangemouth election hustings as candidates battle it out

GRANGEMOUTH oil refinery will be a real test of whether the next UK Government can deliver a just transition for the people of Scotland, warns trade…

The National (Scotland)

From ‘hug a husky’ to ‘max out the oil’: the Tory environmental journey

We look back through 14 years of Conservative manifestos at policies on net zero, energy, transport and more

The Guardian - UK

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'Selective' UAE Courting US, Not China, On AI: Minister

The United Arab Emirates is in "complete alignment" with the US on developing artificial intelligence, the oil-rich country's AI minister told AFP, confirming a shift away from China.

International Business Times

Oil And Gas Industry Hops On Generative AI Bandwagon

Away from the Microsoft and Googles of the world, a century-old industry -- oil and gas -- is hoping that generative artificial intelligence will make producing petroleum more efficient and easier on its workforce.

International Business Times

‘Sanctions hole’: how secretive routes supply Russia with western tech and consumer goods

German exports of cars to Kyrgyzstan are up 5,100% since the start of the Ukraine war – with other routes channelling luxury goods and computer chips

The Guardian - AU

Global Reach, Family Feel: The Inspiring Journey of Stephen Finnie - Locke and Elite Energy Consultants

The worldwide player in the oil & gas industry has family at its heart.

International Business Times

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Crude Closes Slightly Higher as Global Supplies Expected to Remain Tight

July WTI crude oil (CLN24 ) on Tuesday closed up +0.16 (+0.21%), and July RBOB gasoline (RBN24 ) closed down -0.20 (-0.08%). Crude oil and gasoline prices settled mixed on Tuesday. Crude recovered from early losses Tuesday and rose to a 1-week high on concerns global oil supplies will remain...

Barchart

Best natural moisturizers that use organic ingredients

Greenwashing is pervasive in the beauty industry.

Evening Standard

Hydrogen Hyped by Lobbyists and Lawmakers Across the Country, Despite Concerns

Here are the most environmentally friendly banks in the U.S. — is yours on the list?

Capital & Main

Crude Prices Weaken on Dollar Strength

July WTI crude oil (CLN24 ) today is down -0.08 (-0.10%), and July RBOB gasoline (RBN24 ) is down -0.41 (-0.17%). Crude oil and gasoline prices today are slightly lower. Today's rally in the dollar index to a 4-week high is undercutting energy prices. Also, an increase in Russian crude...

Barchart

Tory candidate ducks General Election hustings in key Grangemouth area

A TORY candidate is a confirmed no-show for a hustings event organised by a trade union and the workers of an oil refinery in a pivotal…

The National (Scotland)

Landmark Lawsuit Proceeds Against New Mexico For Oil Pollution

Lawsuit in New Mexico challenges state's handling of oil and gas pollution, raising concerns over environmental protection and public health.

Top News

Water is bursting from another abandoned West Texas oil well, continuing a troubling trend

Pecos County rancher Schuyler Wight says the Railroad Commission continues to plug wells. But each time they do, another one starts flowing.

The Texas Tribune

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International Business Times

Production Starts At Senegal's First Offshore Oil Field

Senegal joined the club of oil-producing countries on Tuesday as Australian group Woodside Energy announced that production had started in the west African country's first offshore project.

The National (Scotland)

First ever Green MSP joins Scottish Labour and endorses Ian Murray

THE Scottish Greens first ever MSP has officially joined Scottish Labour...

The Guardian - UK

World’s top banks ‘greenwashing their role in destruction of the Amazon’

Institutions alleged to have given billions of dollars to oil and gas companies involved in projects that are harming the rainforests

The Independent UK

Summer dinner party recipes that are so good you won’t want to share

Ready to spice things up in the kitchen? Dive into these mouthwatering recipes that combine fun flavours with a dash of sass

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The Independent UK

US gas prices are falling. Experts point to mild demand at the pump ahead of summer travel

Gas prices are once again on the decline across the U.S. That's bringing some relief to drivers now paying a little less to fill up their tanks

The Independent UK

Fight over constitutional provisions to guard against oil, gas pollution moves ahead in New Mexico

A New Mexico judge has cleared the way for a landmark lawsuit to proceed over allegations that the state has failed to meet its constitutional obligations for protecting against oil and gas pollution

Barchart

Signs of Stronger Fuel Demand Boosts Crude Prices

July WTI crude oil (CLN24 ) on Monday closed up +2.21 (+2.93%), and July RBOB gasoline (RBN24 ) closed up +2.83 (+1.19%). Crude oil and gasoline prices rallied to 1-week highs Monday and closed moderately higher. Crude oil prices found support Monday from news of increased global air travel and...

Woman & Home

The 10 simple things people with healthy nails always do

Want the insider tips people with healthy nails swear by? We got the lowdown from some of the industry's top experts...

Evening Standard

Best styling products for thick hair, tried and tested

Tame your mane

Salon

Costco accused of “greedflation”

A new analysis found that Costco reported consistently high profits while raising store prices

The Guardian - US

Supreme court ruling delays climate litigation big oil has sought to thwart

Court seeks Biden administration’s view as fossil fuel industry fights to avoid trial in lawsuits

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