Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Michigan lawsuit calls Big Oil a 'cartel' that's driving high energy bills
Get your news from a source that's not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. This story was originally published b y the Guardian and is reproduced here as part of the Climate Desk collaboration. Amid rising…
Who is Klint Kubiak? His rise from working oil fields to Seahawks OC and future Raiders coach
SAN JOSE, Calif. — Football coach or oil field worker? You might be surprised that Klint Kubiak chose the latter line of work soon after starting out on his own. The son of former Houston Texans and Denver Broncos head coach Gary Kubiak…
Trump Is Remaking the Global Oil Market, and Exxon and Chevron Want In
Exxon Mobil Corp. and Chevron Corp. are setting their sights on expanding production in nations tied to OPEC, including some of the world's riskiest geopolitical hotspots, as President Donald Trump's assertive foreign policy helps them strike…
Tourmaline Oil Corp. stock falls Thursday, still outperforms market
Shares of Tourmaline Oil Corp. TOU dropped 0.57% to C$62.26 Thursday, in what proved to be an all-around rough trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 1.77% to 31,994.60. Tourmaline Oil Corp. closed…
India Will Continue To Buy Russian Oil
'No one can or will bar India from pursuing its energy goals as it wishes.' 'The FTA wording may sound more restrictive, but the underlying reality will not undermine India's sovereign energy decisions.' 'Deal with US does not automatically impose…
I explored a deserted industrial oil plant in Woodlands, and it feels like Singapore's version of Gotham City
Between restaurant visits and churning out reviews for Time Out's Food & Drink column, I like to embark on the occasional side quest, especially when it involves forgotten places in Singapore. Last year, that meant checking out a vacant infectious…
J-Oil Mills 9-Mos Net Y2.56B Vs Net Y5.86B
J-Oil Mills Inc. (2613.TO) Japan Nine Months Ended December 31 GROUP 2025 2024 Revenue Y171.13 bln Y176.73 bln Operating Profit Y3.61 bln Y7.83 bln Pretax Profit Y3.95 bln Y8.17 bln Net Profit Y2.56 bln Y5.86 bln Per share Earnings Y77.33 Y177.26…
Oil Falls Amid Signs of Easing Supply Risks
0109 GMT — Oil falls in the morning Asian session amid signs of easing supply risks. Iran has confirmed it would hold talks with the U.S., allaying worries over U.S. military action that could threaten oil exports from the OPEC member, ANZ…
Saudi Arabia Cuts Flagship Oil Price to Asia for Fourth Straight Month
Top oil exporter Saudi Arabia cut the price of its crude for Asian buyers for the fourth consecutive month, signaling further caution as concerns that global supply will outstrip demand continue to weigh on global markets. State-owned oil giant…
Japan Oil Transportation 9-Mos Net Y1.02B Vs Net Y826.00M
Japan Oil Transportation Co. Ltd. (9074.TO) Japan Nine Months Ended December 31 GROUP 2025 2024 Revenue Y28.04 bln Y26.90 bln Operating Profit Y1.28 bln Y906.00 mln Pretax Profit Y1.52 bln Y1.12 bln Net Profit Y1.02 bln Y826.00 mln Per share…
Oil settles down on easing supply concerns
HOUSTON: Oil prices settled down almost 3% on Thursday in choppy trading, after the US and Iran agreed to hold talks in Oman on Friday, easing concerns about Iranian crude supplies. Brent crude futures settled down US$1.91, or 2.75%, at US$67.55…
US to influence oil market? Trump claims 68% of global oil controlled | Dynamite News
US President Donald Trump claimed that the United States and Venezuela together control 68% of the world's oil reserves. Speaking at the 74th National Prayer Breakfast, he said the US will utilize Venezuela's oil and expand its energy business…
India's Reliance Buys First Venezuelan Oil Cargo Since Mid-2025
Reliance Industries Ltd. has returned to Venezuelan crude after a pause that began in the middle of last year, as India seeks to diversify its supply and US intervention brings the South American country's oil back to market. The refining giant has…
ConocoPhillips Wants Venezuelan Payback Before Drilling for Oil
ConocoPhillips Chief Executive Officer Ryan Lance's priority in Venezuela is recouping billions his company is owed almost two decades after its oil projects were nationalized, rather than drilling new wells. Despite roughly $10 billion in…
Penang Customs raids liquor-processing operation in oil palm plantation
Nation BUTTERWORTH: The Penang Customs Department has raided a store in an oil palm plantation in Sungai Dua that was used to process liquor. Its director Datuk Rohaizad Ali said in the raid on Friday (Feb 6), a team from its enforcement division…
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