Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Alaska's Oil Revival Sparks a New Energy Rush Into the Arctic
When John Kurz left Alaska's North Slope in 2009, he was staring at a grim future for what had once been the country's premiere oil field. Crude production had plummeted to 567,000 barrels per day, barely more than a quarter of the roughly 2…
Rising Oil Prices Are Reviving The Case For TIPS
Higher gasoline prices are signaling broader inflation risks, as oil shocks and rising Treasury yields revive investor interest in TIPS. Inflation is never gone; it's always in remission. It's something that is human-made, and governments can…
Millers Oils in Brighouse seeks to replace 'outdated' tanks
John Greenwood Local Democracy Reporting Service (LDRS), Yorkshire A long-established Calderdale firm, whose oil products are used in motorsports, is seeking permission to replace 'outdated' storage tanks. Established in Brighouse in 1887, Millers…
Alaska oil revival gains momentum as Arctic discoveries, policy shifts draw industry back
Alaska's long-struggling oil industry is attracting renewed investment as major discoveries in the Arctic and a more supportive regulatory climate revive interest in one of America's largest untapped energy frontiers, Bloomberg News reported…
With oil markets nearing the danger zone, a US-Iran deal can't come soon enough | Heather Stewart
If a US-Iran deal is about to be reached, three months on from the launch of Donald Trump's Operation Epic Fury, it will not be a day too soon for oil markets, which are approaching a dangerous tipping point. The cost of a barrel of crude on the…
Tehran's oil attrition strategy could turn against Iran
Can Iran turn the Gulf into a long attrition arena without itself becoming the most attrited party? Since the current round of fire erupted, the mullah regime has consciously chosen a sustained low-intensity campaign: ballistic missiles, drones…
US-Iran Negotiations, Oil Prices, RBI Dividend to Influence Indian Stock Markets
Indian stock markets are poised for volatility as developments in US-Iran negotiations, fluctuating crude oil prices, and the impact of the RBI's record dividend transfer are expected to dictate investor sentiment in the upcoming holiday-shortened…
Frozen chips never need oil to turn crispy with simple cooking method chef loves
With so many chip varieties on the market these days, whether you go for big names like McCain or a supermarket's own-brand range, the choice can be overwhelming. Frozen chips are a handy and tasty accompaniment to all manner of dishes, from…
Graham Platner's energy plan prioritizes lowering costs and taking on big oil and the 'oligarchy'
Senate candidate Graham Platner's key energy goal is to reduce costs for Mainers. He'd also like to tax the “ever-living hell out of the companies that made a lot of money on fossil fuels while they destroyed the planet.” Graham…
We're tracking 45 Costco items, from bacon to motor oil. Prices have stayed surprisingly steady so far.
US households have spent much of this year waiting for the other shoe to drop. After the US and Israel's war with Iran sent the oil market reeling, starting in late February, it seemed that grocery bills would not be too far behind. Transportation…
UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete
Authored by Evgenia Filimianova via The Epoch Times (emphasis ours), The head of the UAE's state oil company said on May 20 that a major new oil pipeline designed to bypass the Strait of Hormuz is nearly 50 percent complete, as regional tensions…
The U.S. ends Russia oil waiver, implications for India
The United States' decision to tighten restrictions again on Russian seaborne oil may seem like another chapter in the sanctions battle over the Ukraine war. But beneath the headlines lies a much larger story — one that directly affects…
Rubio pushes US energy sales to India amid Iran war oil crisis
US Secretary of State Marco Rubio has held talks with Indian Prime Minister Narendra Modi focused on expanding an energy “partnership” amid the global crisis caused by the US-Israeli war with Iran. During a meeting on Saturday, part…
I never heard of the Strait of Hormuz before this': How one medical supply CEO is navigating the oil price shock
Medical manufacturing company Gentell has faced jumping raw material costs — sometimes as much as 30% — as traffic through the Strait of Hormuz remains stalled amid the war in Iran. Gentell relies on oil and gas derivatives for its…
Xavier Becerra talks tough on big oil while slurping Chevron
In the final days of the race for California governor, Xavier Becerra is claiming only he can stand up to Big Oil — while simultaneously leaning on donations from it. “Tom Steyer made his billions off oil and coal,” Becerra…
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