Oil Industry News

A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

dailymail.co.uk - Sam Lawley - Olive oil prices skyrocket
Olive oil prices skyrocket
Mail Online

The average bottle now sets customers back a whopping £8.04 per litre Back in 2021, the go-to salad topping cost foodies just £3.54 Iceland proved most expensive at £11 with Aldi's £6.79 offering the cheapest Olive oil…

reuters.com - Anna Mehler Paperny - Residents of Canadian oil town menaced by wildfire can return home
Residents of Canadian oil town menaced by wildfire can return home
Reuters

Item 1 of 2 Alberta wildfire crews get a safety briefing from pilot Wayne Goodridge before loading into a helicopter to fly to the fire line two days after a wildfire caused the evacuation of communities on the southern edge of Fort McMurray…

abcnews.go.com -  JON GAMBRELL Associated Press - Yemen's Houthi rebels launch a missile that strikes an oil tanker in the Red Sea, US military says
Yemen's Houthi rebels launch a missile that strikes an oil tanker in the Red Sea, US military says
ABC News

DUBAI, United Arab Emirates -- DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels hit an oil tanker in the Red Sea with a ballistic missile early Saturday, damaging the Panama-flagged, Greek-owned vessel in their latest assault over…

nation.com.pk - APP - HCCI opposes tax exemptions for oil, ghee, steel industries in tribal areas
HCCI opposes tax exemptions for oil, ghee, steel industries in tribal areas
The Nation

HYDERABAD - President of Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has said the tax exemptions extended to Federal and Provincial Tribal Administered Areas are causing financial losses to the industries of steel, edible oil…

fastcompany.com - Associated Press - Canada wildfire threat eases, but oil drilling continues with summer around the corner
Canada wildfire threat eases, but oil drilling continues with summer around the corner
Fast Company

The threat from a wildfire near Canada's oil sands hub of Fort McMurray, Alberta, appeared to be easing on Wednesday, a day after it forced thousands of residents to evacuate and stirred memories of a damaging blaze nearly a decade earlier.

voanews.com - Associated Press - New endangered listing for rare lizard could slow US oil and gas drilling
New endangered listing for rare lizard could slow US oil and gas drilling
Voice of America (VOA News)

Federal wildlife officials declared a rare lizard in southeastern New Mexico and West Texas an endangered species Friday, citing future energy development, sand mining and climate change as the biggest threats to its survival in one of the world's…

yahoo.com - Residents of Canadian oil town menaced by wildfire can return home
Residents of Canadian oil town menaced by wildfire can return home
Yahoo | Mail, Weather, Search, Politics, News, Finance, Sports & Videos

Residents of the Canadian oil town threatened by an out-of-control wildfire can return home, authorities said Saturday, even as they warned the community will have to contend with the blaze for the foreseeable future. Thousands of residents of Fort…

chicagotribune.com - Sabrina Haake - Haake: Trump's billion dollar Big Oil shakedown
Haake: Trump's billion dollar Big Oil shakedown
Chicago Tribune

As soon as fossil-fuel financed Donald Trump was sworn into office, he got busy destroying the nation's climate progress. In June of 2017, Trump announced that the U.S. would withdraw from the Paris Treaty, shamefully walking away from a global…

zerohedge.com - Oil Tanker Struck By Missile Off Yemen Coast
Oil Tanker Struck By Missile Off Yemen Coast
Zero Hedge

As Ukrainian drones relentlessly target Russia's energy complex, tensions in the Middle East are once again rising. Early Saturday, Agence France-Presse reported that a crude oil tanker was hit by a missile off the coast of Yemen. These mounting…

davidicke.com - 'North Sea Oil Workers Cannot be Sacrificed on the Altar of Net Zero': Unions Go to War on Labour's 'Irresponsible' Green Policy
'North Sea Oil Workers Cannot be Sacrificed on the Altar of Net Zero': Unions Go to War on Labour's 'Irresponsible' Green Policy
David Icke

“North Sea oil workers cannot be sacrificed on the altar of Net Zero,” the Unite union has told Labour as it launches a campaign against the party's “irresponsible” green agenda. Ross Clark in the Spectator has more. In…

allure.com - Deanna Pai - Dry Lips? Seek Comfort in These Nourishing Oils
Dry Lips? Seek Comfort in These Nourishing Oils
Allure

Not quite a balm and not quite a gloss, the best lip oils offer unique advantages for your lip-care routine. These nourishing lip products have an oil base that leaves lips with the finish of a lip gloss and the moisturizing benefits of a lip balm…

redstate.com - Becca Lower - Houthis Attack Oil Tanker in Red Sea With Missile After Biden Just Begged Iran to Make Them Stop
Houthis Attack Oil Tanker in Red Sea With Missile After Biden Just Begged Iran to Make Them Stop
RedState

There's been another report of Iran-backed Houthis from Yemen launching missile attacks on foreign vessels in the Red Sea. They've been less frequent recently, but the provocations certainly have not stopped, as we saw in Nov. 2023. Background:…

fortune.com - Eamon Akil Farhat - An oil tanker going from Russia to China is hit by a Houthi missile in the Red Sea, U.S. military says
An oil tanker going from Russia to China is hit by a Houthi missile in the Red Sea, U.S. military says
Fortune

A China-bound oil tanker in the Red Sea was struck and temporarily disabled by a ballistic anti-ship missile fired by Houthi militants, the US Central Command said. The strike Saturday on the Greek-owned M/T Wind caused flooding that knocked out…

ajc.com - EDITH M. LEDERER - UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
ajc

UNITED NATIONS (AP) — U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country's difficulties in managing debts backed by its oil reserves. The panel of…

reviewjournal.com - Associated Press - Yemen's Houthi terrorists launch a missile that strikes an oil tanker in the Red Sea
Yemen's Houthi terrorists launch a missile that strikes an oil tanker in the Red Sea
Las Vegas Review-Journal

DUBAI, United Arab Emirates — Yemen's Houthi terrorists hit an oil tanker in the Red Sea with a ballistic missile early Saturday, damaging the Panama-flagged, Greek-owned vessel in their latest assault over the Israel-Hamas war in the Gaza…

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