Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Texas Vote Puts Energy Policy in Focus After Oil Industry Warning
U.S. Oil & Gas Association President Tim Stewart warned that Texas could face economic harm if it adopted energy rules modeled on California, after state results listed Democrats ahead in the governor's and U.S. Senate races. In a Nov. 5 interview…
Texas oil industry becoming 'Californicated' could have 'dire consequences' for economy, energy boss warns
U.S. Oil and Gas Association President Tim Stewart is sounding the alarm over the potential fallout if the Lone Star State were to adopt California-style energy policies. Stewart stressed that 'the absolute worst thing that could happen to the…
Olive oil in the shadow of the Colosseum: Rome's unexpected harvest
ROMA – All roads lead to Rome. But this time, the journey begins in the heart of the Eternal City and leads out into the olive groves of Lazio. And the starting point is a surprising one: the Colosseum. Best known for its ancient ruins, the…
Customers in Sussex are struggling to pay to fill their oil tanks
A woman from East Sussex says she is having to take on extra work to pay for the soaring cost of her heating oil. Sheila Williams, from Golden Cross, has taken on a waitress job for the winter to help her pay her bills. She said her oil bill had…
Oil Holds Gains After Selloff
0132 GMT — Oil prices rise in early Asian trade, paring overnight gains but staying in the green after a volatile week. Hopes that the U.S. midterm result could lead to a resolution in the Middle East led to a sharp selloff, but oil regained…
Oil prices could spike as U.S. action on Iran nears: Rapidan Energy
Bob McNally, CEO of geopolitical and energy analysis firm Rapidan Energy Group said he foresees a 80% chance that the world will see 'a resumption of military fighting.' He predicts that both Brent and West Texas Intermediate futures will jump…
Oil stains will vanish from clothes in minutes with chef's DIY paste
Maintaining your clothes in top condition can make an enormous difference to how you feel on a daily basis, and there's nothing more frustrating than when they've been spoiled by an accidental spillage or mark. Stains can not only damage the look…
Oiles Corp 1H Net Y2.08B Vs Net Y2.29B
Oiles Corp. (6282.TO) Japan Half-Year Ended September 30 GROUP 2026 2025 Revenue Y34.36 bln Y33.46 bln Operating Profit Y3.11 bln Y3.23 bln Pretax Profit Y3.11 bln Y3.29 bln Net Profit Y2.08 bln Y2.29 bln Per share Earnings Y72.01 Y78.66 Results…
Oil-rich UAE makes massive AI bet as Sam Altman unveils ambitious plan to transform energy industry
ABU DHABI, United Arab Emirates — At the opening of the world's largest energy conference in Abu Dhabi, artificial intelligence took center stage alongside oil and gas as OpenAI CEO Sam Altman joined senior UAE officials for the announcement…
65% of Labour voters want Government to approve Rosebank oil field - survey
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Almost two-thirds of Labour supporters want…
Oil prices are rising again
The price of oil is once again approaching the $100 mark. (File photo) Oil prices are rising again. A barrel (159 liters) of Brent crude from the North Sea, for January delivery, cost $99.79—1.5 percent more than the previous day.
Swinney: Scottish Government does not back ban on new oil and gas
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The Scottish Government does not support a…
Scientists discover that a clogged filter could revolutionize oil refining
The international research effort was led by Professor Dong-Yeun Koh at the Korea Advanced Institute of Science and Technology, known as KAIST, in collaboration with Professor Ryan Lively's research group at Georgia Tech. KAIST(President Kwang…
65% of Labour voters want Government to approve Rosebank oil field - survey
Almost two-thirds of Labour supporters want to see UK ministers approve the controversial Rosebank oil and gas field, a survey suggests. Polling for Offshore Energies UK (OEUK) found 65% of those who backed Labour in the 2024 general election…
NYMEX Overview: Oil Futures Rebound From Sharp Selloff as Traders Weigh Iran Diplomacy -- OPIS
December West Texas Intermediate was up $2.262/bbl, with January WTI up $2.27 at $89.37/bbl. In refined products, the December ULSD contract was trading 10.96cts higher at $4.3151/gal, while the January contract traded 9.4cts higher at $4.2057/gal.
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