The Latest Breaking News from Oil

How BP went from eco poster child to possible takeover target

“In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its strategy.

Fortune · Feb 26, 2025

Little-Followed National Fuel Gas Hits 56th 52-Week High. Is It Too Late to Buy?

Western New York-based oil and gas company National Fuel Gas hit its 56th 52-week high on Tuesday. Up 52% in the past 12 months, FOMO appears to be building. Is it too late to jump on the bandwagon?

Barchart · Feb 26, 2025

Transition to renewables taking longer than thought, senior BP figure tells MPs

Louise Kingham said ‘clarity’ from the UK Government is needed to unlock investment in the North Sea as she reaffirmed BP’s commitment to net zero.

The Independent UK · Feb 26, 2025

BP takes the axe to investment in green energy in "shocking" strategy U-turn

Rethink comes five years after BP set ambitious targets to cut production of oil and gas by 40% by 2030

Evening Standard · Feb 26, 2025

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 · Feb 26, 2025

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 · Feb 26, 2025

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 · Feb 26, 2025

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 · Feb 25, 2025

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 · Feb 25, 2025

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 · Feb 25, 2025