Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Imperial Oil Ltd. stock rises Friday, still underperforms market
Shares of Imperial Oil Ltd. IMO inched 0.61% higher to C$190.00 Friday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.70% to 36,620.23. Imperial Oil Ltd. closed…
Dog warning as suspected palm oil washes up on Wirral beach
Dog owners have been put on alert after suspected palm oil washed up on a Merseyside beach. Lumps of the waxy substance were located on Egremont beach in Wirral after reports to Wirral Coastguard Rescue Team. Palm oil is widely used in the food…
Somali pirates hijack oil tanker off Yemen in latest attack
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Oil Firm regrets Trump-Greenland row overshadowing drilling project
An energy exploration company hoping to begin oil drilling in Greenland next year says U.S. President Donald Trump's threats to acquire the territory are overshadowing efforts to develop its resources. The British firm 80 Mile holds, through a…
Somali pirates hijack oil tanker off Yemen in latest attack
MOGADISHU, Somalia -- Somali pirates hijacked an oil products tanker off Yemen, a Somali maritime security official said, the latest in a resurgence of piracy that has seen six commercial vessels seized since April across the Gulf of Aden and…
North Sea oil and gas: Burnham's dilemma
There's no mistaking the message of this summer's wildfires, said Rebecca McQuillan in The Herald. It's that we need “to stop procrastinating and cut emissions, fast”. But is Britain ready to accept this fact of life and act on it?
Oil Nears $100 as Trump's 'Economic D-Day' Raises the Stakes
Hormuz traffic remains near a standstill as Trump's 'Economic D-Day' campaign pushes Brent closer to $100. Transits through the Strait of Hormuz have been in single digits the entire week, with Trump's announcement of an 'Economic D-Day' campaign…
Global stocks close out a tough week as bond yields, oil stay high
By Dhara Ranasinghe and Wayne Cole LONDON/SYDNEY, Aug 21 (Reuters) - Global stocks were headed for a mostly lower week on Friday, as strain in global bond markets showed little sign of abating and the diplomatic deadlock in the Gulf lifted oil…
US Oil Refiners Face Import Squeeze From Biggest Foreign Seller
US refiners are facing a looming supply drop from their biggest foreign crude supplier at a time when they need the oil the most. Canada supplies the US with more than 4 million barrels a day of crude, most produced in the oil-rich heartland of…
Ranked: The Best Dry Shampoos for Controlling Oil and Boosting Volume
Washing my hair after a busy day is one of the last things I want to do. But through all of the sweat, build-up and grime, my laziness becomes evident the more time that passes in-between washes. A good dry shampoo helps extend my hair styles…
Oil Shipper Hits New High; Three Stocks Also Near Pivots
It is no surprise that crude oil shipper Frontline (FRO) has rallied to heady heights, with tensions over the Strait of Hormuz continuing to roil oil markets. But Investor's Business Daily's New Highs list is also springing a few surprises for…
Iraq Wants to More Than Double Its Oil Output in Six Years. Here's What It Means for Chevron.
Iraq has a bold ambition for its oil industry. The country recently sent a delegation to Saudi Arabia seeking a higher production quota from OPEC, aiming to boost its output to between 8 million and 10 million barrels per day (bpd) within the next…
Iran Opens Hormuz Route for Iraq Oil Ships: What It Means for Indian Fuel Prices | Dynamite News
Post Published By: Subhash Raturi Updated: 22 August 2026, 2:31 PM IST Tehran: Iran has allowed several Iraqi oil tankers to pass through the strategically important Strait of Hormuz after repeated requests from Baghdad, bringing fresh attention to…
California's oil decline offers cautionary tale for US industry
Analysts say high fuel prices and decommissioning costs in California are a consequence of the state's accelerating oil production decline. Industry should pay attention Published 21 August 2026, 14:04Updated 21 August 2026, 14:04…
An improved foam with the potential to increase oil production and CO₂ storage
A new formulation of CO2 foams could help address one of the energy industry's main challenges, specifically regarding the injection of CO2 underground: controlling CO2 mobility in reservoir porous media. This advancement has the potential to…
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