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The Latest Breaking News from Oil

'Navel-gazing': Grangemouth industry board slammed over inactivity

A GROUP tasked with securing the future of industry in Grangemouth has met just once since the announcement around 400 jobs will be lost as a result…

The National (Scotland)

Sepa board member revealed to also be on oil and gas giant board

Sepa board member Nicola Gordon has been revealed to also be on the board of oil and gas giant Okea ASA

The National (Scotland)

California Gas Prices: Today vs. Yesterday

In California, as of 13 January 2024, gas prices have seen a notable decrease, now resting at .96 per gallon for regular unleaded gasoline. This marks a ...

Top News

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Washington Gas Prices: Today vs. Yesterday

In Washington, as of 13 January 2024, gas prices have seen a notable decrease, now resting at .49 per gallon for regular unleaded gasoline. This marks a ...

Top News

Africa's biggest fuel refinery starts production in move toward self-sufficiency

Nigeria's long-awaited Dangote refinery has begun producing diesel and aviation fuel, the company said on Saturday, after years of delays. The plant, the largest of its kind in Africa, is expected to supply not only Nigeria but other countries in West Africa – potentially transforming the region's oil trade.

Radio France Internationale

Ruptured supply chains, rising oil prices, and resurgent inflation. The Red Sea crisis is rekindling memories of the Ukraine War—but this time could be different

When it comes to longer term economic impacts of the Red Sea crisis: The "most honest answer" experts can give is "I have no idea” at this point, Unlimited's Bob Elliott told Fortune.

Fortune

Ron DeSantis faces accusations of being a climate criminal

This content discusses a campaign event involving Ron DeSantis and protestors accusing him of being a climate criminal and questioning his financial ties t...

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Iran's Dark Fleet fuels economy, skirting U.S. sanctions

Discover how Iran is skirting U.S. sanctions and smuggling large amounts of crude oil to China through the Dark Fleet or Ghost Armada of tankers.

Top News

EPA proposes a fee aimed at reducing climate-warming methane emissions

The new fee is intended to encourage the oil and gas industry to lower emissions of methane and thereby avoid paying.

WEKU

Crude Prices Settle Higher on Heightened Geopolitical Risks in the Middle East

February WTI crude oil (CLG24 ) on Friday closed up +0.66 (+0.92%), and Feb RBOB gasoline (RBG24 ) closed up +0.60 (+0.28%). Crude oil and gasoline prices Friday climbed to 2-week highs and settled moderately higher. Crude prices rose on an escalation of geopolitical risks in the Middle East after...

Barchart

2024 Africa Eco Race: Cerutti And Aprilia Still In The Lead After Stage 9

Cerutti, Botturi, and Tarres are still the top three, but what Botturi thought was going to be another stage win ended differently after penalties were assessed

RideApart

EPA sets out rules for proposed 'methane fee' for waste generated by oil and natural gas companies

Oil and natural gas companies would have to pay a fee for methane emissions that exceed certain levels under a new rule proposed by the Biden administration

The Independent UK

Oil prices steady despite Middle East tensions, but risks are rising

Despite diverting supplies from the Suez Canal, tensions in the Red Sea have so far had a muted impact on energy prices.

Al Jazeera

Venezuela Kills Off Petro Cryptocurrency

Venezuela is putting an end to the petro cryptocurrency that President Nicolas Maduro launched six years ago to sidestep US sanctions, but which never took off and became embroiled in a graft scandal.

International Business Times

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The Conversation

'Gold' hydrogen: natural deposits are turning up all over the world – but how useful is it in our move away from fossil fuels?

Hydrogen will play a role in weaning us off fossil fuels. It can be used to power trains, planes and HGVs, as well as being a low-carbon alternative to coke in steelmaking and a way to warm our homes.

Barchart

Crude Prices Rally on Geopolitical Risks as U.S. Strikes Houthi Targets in Yemen

February WTI crude oil (CLG24 ) this morning is up +1.10 (+1.53%), and Feb RBOB gasoline (RBG24 ) is up +1.83 (+0.87%). Crude oil and gasoline prices this morning rallied to 2-week highs on an escalation of geopolitical risks in the Middle East after the U.S. and its allies launched...

InsideEVs

E-Bike Tech: Chain Drive Vs. Belt Drive – Which One Should You Choose?

Today’s e-bikers are spoiled for choice. Let’s take a look at the pros and cons of belt drives and chain drives, and see which one is best suited for you.

Barchart

Energy: Will the 2023 Laggard be a Leader in 2024?

Energy was the worst-performing commodity sector in 2023, falling over 20%. The worst performer for one year is often the best during the following year. Traditional energy commodities are volatile, and the geopolitical landscape continues to favor sudden rallies in 2024.

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StockNews.com

3 Oil & Gas Stocks to Watch in 2024

Robust global demand and constrained supplies aggravated by escalating geopolitical tensions will probably keep oil prices high this year, propelling the energy sector’s growth prospects. Hence, fundamentally sound oil & gas stocks Antero Midstream Corporation (AM), Dorchester Minerals (DMLP), and VAALCO Energy (EGY) could be ideal watchlist additions. Keep reading….

Top News

Mounting tension in Red Sea spiking crude oil cost, Iran smuggles oil

Discover how Iran continues to sell oil despite sanctions, using a network of smugglers known as the Ghost Armada. Learn about the impact on the global eco...

StockNews.com

Predicting the 2024 Energy Stock Gainers: XOM vs. VLO

To capitalize on the potential significant rise in oil prices due to geopolitical tensions this year, which of the two energy stocks, Exxon Mobil Corporation (XOM) and Valero Energy Corporation (VLO), could provide better returns this year? Read more to find out.

The Guardian - UK

Oil prices hit $80 a barrel as fears grow over Red Sea disruption to trade

Experts warn of economic impact of sustained shipping attacks and Middle East tensions

The Conversation

Not all carbon-capture projects pay off for the climate – we mapped the pros and cons of each and found clear winners and losers

Capturing carbon dioxide from the air or industries and recycling it can sound like a win-win climate solution. The greenhouse gas stays out of the atmosphere where it can warm the planet, and it avoids the use of more fossil fuels.

The Independent UK

Europe buying Russian oil via India at record rates in 2023 despite Ukraine war

India is benefiting from importing cut-price Russian oil amid European sanctions – and also selling that same oil to EU markets at full price once it has been refined

GoodToKnow

I'm a Beauty Editor and these are the 9 best bath oils you need to try (when you get more than five minutes to yourself)

We've put the best bath oils through their paces to see which deliver maximum pampering potential

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