Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Watt outlines 'number of issues' with Crisafulli's oil industry plan
The Crisafulli government wants to fast-track the development of an oil field in Queensland through a mechanism that doesn't exist under new environment laws, according to a stinging letter sent to the premier from federal cabinet minister Murray…
Japanese fishers hit hard by high crude oil prices
High crude oil prices reflecting the turmoil in the Middle East have hit the Japanese fishing industry hard, including through surges in costs for fuel and related equipment. 'We used to spend about ¥130 million on fuel per ship a year, but…
Former minister Catherine McKenna blasts the heads of Canadian oil companies
Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: Enjoy unlimited reading on winnipegfreepress.com Read the E-Edition…
Woodside Energy (WDS) Looks to Improve Analyst Sentiment With New Non-Operated Oil Discovery at Bandit-1 Site
With strong revenue growth projections, Woodside Energy Group Ltd (NYSE: WDS) secures a spot on our list of the best long-term ASX stocks to buy right now. As of April 15, 2026, analyst sentiment remains mixed on Woodside Energy Group Ltd…
Scientists say this type of olive oil could boost brain power
A study led by researchers from the Human Nutrition Unit at the Universitat Rovira i Virgili (URV), the Pere Virgili Health Research Institute (IISPV) and CIBERobn points to a meaningful link between extra virgin olive oil, gut bacteria, and brain…
Delhi Police Uncovers Counterfeit Engine Oil Operation: What It Means
Delhi Police have arrested two individuals after uncovering a counterfeit engine oil manufacturing unit in Ghazipur, seizing hundreds of litres of fake, branded oil. Delhi Police busted a counterfeit engine oil manufacturing unit in Ghazipur, East…
ASX set for uncertain start as Hormuz closed again; Oil set to jump
The Australian sharemarket is set for an uncertain start to the week amid an escalation of tensions in the Middle East. Shares rose on Wall Street on Friday in New York and oil prices plunged after Iran said the Strait of Hormuz was open again for…
Audio of Indian Oil tanker under Iranian fire in Hormuz: 'Let me turn back'
Iran fired on two Indian-flagged merchant ships in the Strait of Hormuz on Saturday after reversing a one-day reopening of the waterway, escalating a standoff with the United States that has pushed the region to the brink of renewed conflict. The…
Labor's top lawyer warns of new wave of oil and gas lawfare
The Albanese government's new chief lawyer says boards of Australian oil and gas companies could face a wave of legal action because of an offshore ruling on climate change, adding to the heavy burden of environmental compliance risks already…
Strait of Hormuz closure expected to weigh on stocks, oil to rally
Oil prices are set to rally while the Australian sharemarket is poised for a rocky start to the week following on-again, off-again control of the Strait of Hormuz. Iran had announced the reopening of the critical shipping channel only to reverse…
Zelenskyy Warns Russian Oil Revenues Are Funding War
Ukrainian President Volodymyr Zelenskyy has criticized an easing of sanctions on Russian energy, writing on X that “every dollar paid for Russian oil is money for the war.” His statement on April 19 comes after the United States…
Today In SCV History: April 19, 1880 - Pico Oil Spring Mine Section 2 Patented
That moment put the region on the map and helped usher in California's oil boom. The well was more than a stroke of luck; it was also a moment of innovation. The success of Pico Oil Spring Mine Section Two wasn't just due to good geology. It was…
Big Oil Breaks Everything
In all honesty, you can probably skip this one. It's entirely possible I'm writing it as therapy for myself. I try hard to stay focused on what we can still do to ward off the worst, but every once in a while I'm reminded of why we're here, on a…
Drill, baby, drill? The pros, cons and ethics of exploiting North Sea oil
The UK has rapidly decarbonised its energy sector, with emissions falling by about 54% since 1990. Fossil fuels supply only around a third of our electricity, but when it comes to the total energy mix – including heating, transport etc…
Energy Minister asks consumer watchdog to track oil prices during crisis
ENERGY MINISTER DARRAGH O'Brien has written to the consumer regulator to track soaring cost of fuel caused by the US and Israeli war on Iran. The latest move comes following the fuel protests that rocked the country, but on foot of a Competition…
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