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The Latest Breaking News from Oil

BP expected to roll back green energy pledges to boost profit

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a bid to boost profit.

Evening Standard

BP signs $25bn deal to redevelop Iraq’s oil and gasfields as it slashes investments in renewable energy

BP previously committed to cut oil and gas production by 40 per cent by 2030

The Independent UK

Why Niklas Ekstedt’s lamb saddle is the perfect dinner party centrepiece

With fire-seared lamb, apple-stuffed cabbage, and crispy fried nettles, this bold yet elegant dish from the Swedish chef is made to impress

The Independent UK

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Trump to Tariffs: How Retirees Can Manage Market Turmoil

FUD — fear, uncertainty, doubt — is running rampant these days, but that doesn’t mean retirement savers need to react. Here is why it pays to stay the course.

Kiplinger

Crude Prices Fall Sharply on Economic Concerns

April WTI crude oil (CLJ25 ) is down -1.72 (-2.43%), and April RBOB gasoline (RBJ25 ) is down -0.0366 (-1.62%). Crude oil prices are sharply lower due to economic concerns after today's sharp -7.0 point drop in the Feb US Consumer Confidence index to an 8-month low of 98.3. Oil...

Barchart

Just Stop Oil activists accused of disrupting West End play may receive cautions

Richard Weir, 60, and Hayley Walsh, 42, appeared at Westminster Magistrates’ Court on Tuesday.

The Independent UK

Just Stop Oil activists accused of disrupting Sigourney Weaver West End play may receive cautions

Richard Weir, 60, and Hayley Walsh, 42, appeared at Westminster Magistrates’ Court on Tuesday

Evening Standard

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Just Stop Oil protester denies disrupting Sigourney Weaver play

Richard Weir appeared at Westminster Magistrates’ Court where he denied aggravated trespass at the Theatre Royal in Drury Lane on January 28.

The Independent UK

Colorado is tackling air pollution in vulnerable neighborhoods by regulating 5 air toxics

The Globeville, Elyria-Swansea and Commerce City communities in metro Denver are choked by air pollution from nearby highways, an oil refinery and a Superfund site.

The Conversation

Most Scots support continued oil and gas extraction, new poll finds

The vast majority of people in Scotland back the continued production of oil and gas, a new poll has found...

The National (Scotland)

US Imposes Sanctions On Individuals And Oil Tankers

Recent U.S. sanctions target individuals and oil tankers from China, UAE, and India for supporting Iran and militant groups.

Top News

Vast majority of Scots support continued oil and gas extraction, poll finds

The survey found most people in Scotland want to see a mix of renewable and fossil fuel production.

Evening Standard

The simple diet change that could protect against dementia and motor neurone disease

Boosting your consumption of certain fats could help to keep your brain healthy

The Independent UK

Omega-3s ‘could be vital in motor neurone disease and dementia protection’

Experts specifically looked at alpha linoleic acid (ALA), a type of omega-3 fatty acid found in flaxseed, walnuts and soybean and vegetable oils.

Evening Standard

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AAP

Oil, flies alert cops to body in concrete, court told

How police were able to find a body wrapped in plastic and encased in concrete in a warehouse has been revealed by a detective at a murder trial.

The Independent UK

US imposes new sanctions on Chinese and Indian firms to ‘target Iran’s oil supply chain’

Sanctions target over 30 individuals, entities, and vessels for facilitating Iranian oil trade

The Independent UK

Suit battles controversial state law that’s part of a ‘nationwide crackdown’ on pipeline protests

Louisiana argues infrastructure law is about trespassing, not about free speech

AAP

Woodside CEO laments red tape over gas project approval

After reporting a doubling in profit, the boss of Australia's biggest oil and gas company says she is disappointed at delays in gaining government approvals.

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Capital & Main

New Mexico Legislative Halftime Report: Sluggishness and Chaos

With little time, nearly 1,200 bills and disappearing federal partners, legislators slow-roll new oil and gas regulations.

The Guardian - US

US fossil fuel industry campaigns to kill policies that ban gas in new buildings

Oil and gas interests coordinate campaign to stop local and state policies, putting climate at risk, new report shows

Top News

US Reimposes Maximum Pressure Sanctions On Iran's Shadowy Oil Trade

U.S. reinstates 'maximum pressure' sanctions on Iran's oil trade to disrupt revenue and target illicit networks amidst escalating tensions.

Barchart

Crude Prices Rebound Mildly Higher

April WTI crude oil (CLJ25 ) is up +0.30 (+0.43%), and April RBOB gasoline (RBJ25 ) is down -0.0025 (-0.11%). Crude oil prices are mildly higher today on an upward rebound after last Friday's losses on weak US economic data. Crude oil prices today are shaking off news that Iraq...

International Business Times

Greenpeace Trial Begins In North Dakota In Key Free Speech Case

A US oil pipeline operator's lawsuit seeking millions of dollars from Greenpeace for allegedly orchestrating a campaign of violence and defamation begins Monday in a North Dakota court, in a case with broad free speech implications.

The Independent UK

US imposes more sanctions on Iranian oil trade after Trump calls to drive exports 'to zero'

The U.S. on Monday imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and other jurisdictions for allegedly helping to finance Iran and its support for militant groups that launch attacks against the U.S. and its allies

Evening Standard

Wood Group reveals fresh takeover approach from Dubai-based Sidara

The latest bid interest from Sidara comes after it walked away from a deal last August, blaming global market turmoil and geopolitical risks.

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