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The Latest Breaking News from Oil

US leads wealthy countries spending billions of public money on unproven ‘climate solutions’

Exclusive: Over $12bn in subsidies awarded for technologies like carbon capture experts call ‘colossal waste of money’

The Guardian - US

How Exxon chases billions in US subsidies for a ‘climate solution’ that helps it drill more oil

Climate experts raise red flags as oil giant spends millions lobbying while touting ‘underperforming’ carbon capture

The Guardian - US

How drone attacks are changing the rules and the costs of the Ukraine war

Ukraine has unveiled a new long-range weapon, a mix of drone and missile technology that Kyiv believes will significantly boost its ability to combat Russian military attacks.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

UK Government drops legal battle over largest untapped North Sea oil fields

THE UK Government will not challenge judicial reviews brought against development consent for two oil and gas fields in the North Sea ...

The National (Scotland)

Russia-Ukraine war: Putin regime ‘threatening world with nuclear catastrophe,’ says Ukraine – as it happened

IAEA has urged both sides to refrain from fighting around nuclear plants

The Guardian - UK

Bored of fish? These summery Asian recipes will change your mind

Tired of the same old fillets and lemon wedges? Dive into these three vibrant Asian-inspired dishes that turn ordinary fish into extraordinary summer meals. From miso salmon burgers to zesty prawn noodle salad and a quick tuna nasi goreng, these recipes are a game-changer for your seafood repertoire

The Independent UK

Greek-Flagged Vessel Attacked By Houthi Rebels Leaking Oil

Houthi rebels' attack on Greek-flagged oil tanker in Red Sea raises environmental concerns and highlights risks of maritime conflicts.

Top News

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Iran says Yemen's Houthi rebels will allow tugboats and rescue ships to aid tanker ablaze in Red Sea

Yemen’s Houthi rebels have agreed to allow tugboats and rescue ships to assist a Greek-flagged tanker that remains ablaze in the Red Sea “in consideration of humanitarian and environmental concerns,” Iran’s U.N. Mission says

The Independent UK

1 High-Yield Energy Stock to Buy and Hold

As our energy needs continue to rise, this dividend-paying stock can be a noteworthy addition to your portfolio.

Barchart

Crude Prices Decline on Dollar Strength and a Smaller Draw in Weekly EIA Inventories

Oct WTI crude oil (CLV24 ) Wednesday closed down -1.01 (-1.34%), and Oct RBOB gasoline (RBV24 ) closed down -3.03 (-1.44%). Crude oil and gasoline prices posted moderate losses on Wednesday. Dollar strength Wednesday undercut energy prices. Crude prices extended their losses after weekly EIA crude inventories fell less than...

Barchart

Ecuador Faces Challenges In Halting Oil Drilling In Amazon

Ecuador's failure to halt oil drilling in Yasuni National Park raises concerns among supporters and Indigenous communities.

Top News

3 Oil & Gas Stocks Still Trading at a Discount

The growing oil demand, pressured supply, and geopolitical instability are favoring the oil and gas industry. Therefore, it could be wise to invest in top oil & gas stocks APA Corporation (APA), Obsidian Energy (OBE), and VAALCO Energy (EGY), which are trading at a discount. Read on.

StockNews.com

Outdoor chef shares 7 easy camping meals for your next adventure

Warning: you'll be left feeling very hungry

Will Harris Go After Big Oil?

The candidate has kept her climate policy vague so far, but her record as a prosecutor gives climate activists hope.

Capital & Main

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news in one place.

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Barchart

Crude Prices Slip as Weekly EIA Inventories Fall Less Than Expected

Oct WTI crude oil (CLV24 ) today is down -0.50 (-0.66%), and Oct RBOB gasoline (RBV24 ) is down -0.88 (-0.42%). Crude oil and gasoline prices today are posting moderate losses. Dollar strength today is weighing on energy prices. Crude is also under pressure after weekly EIA crude inventories fell...

Top News

Swiss Court Convicts Petrosaudi Executives In Swiss Court Convicts Petrosaudi Executives In Top News.8B Scam.8B Scam

Swiss court convicts Saudi oil company managers in Swiss Court Convicts Petrosaudi Executives In Top News.8B Scam.8B 1MDB fraud scandal, leading to significant repercussions.

International Business Times

PetroSaudi Execs Get Swiss Jail Terms Over $1.8 Bn 1MDB Fraud

A top Swiss court sentenced two PetroSaudi executives to jail terms on Wednesday after finding them guilty over the embezzlement of $1.8 billion from the Malaysian sovereign wealth fund 1MDB. Tarek Obaid, the Swiss-Saudi chief executive of the oil exploration and production company, was sentenced to seven years in prison…

The Independent UK

Ecuador's citizens voted to stop oil drilling in heart of Amazon. A year later, it hasn't happened

Voters in Ecuador last year approved a referendum to keep some 700 million barrels of crude oil in the ground in Yasuni National Park

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The Independent UK

Russian fighter jet downed over eastern Ukraine as oil depot set ablaze

The skirmishes come as Ukraine claimed to be continuing its advance into Russia after shock incursion

The Guardian - UK

Lego plans to make half the plastic in bricks from renewable materials by 2026

Toymaker hopes to bring down oil-based plastic it uses by paying up to 70% more for certified renewable resin to encourage production

Top News

Greek-Flagged Tanker Sounion Attacked By Yemen's Houthis, Leaking Oil

Learn about the recent attack on the Greek-flagged tanker Sounion by Yemen's Houthis, causing a fire and oil leakage in the Red Sea.

Al Jazeera

Fire rages at oil depot in Russia’s Rostov after Ukraine drone attack

The strike on a depot in Kamensky district comes amid an ongoing blaze at an oil storage facility in Proletarsk city.

The Guardian - UK

Russia-Ukraine war: Ukrainian drone attack sparks fire at Rostov oil depot – as it happened

Attack in Kamensky district follows strike 10 days ago at another Rostov depot which is still burning

StockNews.com

3 Oilfield Service Companies to Benefit From Increased Drilling

The oilfield services sector benefits from its crucial role in drilling, evaluation, production, and maintenance, which is essential for ensuring energy security and meeting the strong global demand for oil and gas. Therefore, investing in fundamentally solid oilfield services stocks, Baker Hughes (BKR), NOV (NOV), and MRC Global (MRC), could…

Barchart

Crude Prices Close Lower on Energy Demand Woes and Increased Russian Crude Exports

Oct WTI crude oil (CLV24 ) Tuesday closed down -1.89 (-2.44%), and Oct RBOB gasoline (RBV24 ) closed down -3.73 (-1.75%). Crude oil and gasoline prices settled moderately lower on Tuesday. Crude prices came under pressure Tuesday after Goldman Sachs cut its 2025 Brent crude forecast to $77 a barrel...

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