Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Lindsey Oil Refinery jobs guaranteed until March - BBC News
Workers at an under-threat oil refinery will be guaranteed employment until the end of March, the official receiver has said. Lindsey Oil Refinery, in North Lincolnshire, was taken over by the receiver in June after its owner, Prax Group, went into…
Iran seizes foreign oil tanker suspected of smuggling fuel
Iran said it seized a foreign oil tanker in the Gulf of Oman it suspects of carrying smuggled fuel, the semi-official Fars news agency reported on Saturday, citing the chief justice of the southern Hormozgan Province. Mojtaba Ghahremani said 18…
Cuba denounces US seizure of oil tanker off Venezuela's coast as 'piracy'
Cuban officials have denounced the US seizure of the Skipper oil tanker off Venezuela 's coast on Wednesday, calling it an “act of piracy and maritime terrorism” as well as a “serious violation of international law” that…
Sunday shows preview: Trump ups pressure on Venezuela after seizing oil tanker
Tensions between the United States and Venezuela escalated further this week after President Trump announced that the U.S. Coast Guard (USCG) seized a Venezuelan oil tanker. Trump told reporters on Wednesday that the U.S. “just seized a…
Maduro trapped with few retaliation options after Trump admin seizes Venezuelan oil tanker
The Trump administration's latest offensive move against Venezuela, the seizure of a tanker carrying U.S.-sanctioned oil, has triggered predictable outrage from Venezuelan President Nicolás Maduro's government. But behind the rhetorical…
Dark Fleet' Tanker Seized Near Venezuela Ran Sanctioned Oil to China Says House Committee
When the U.S. military boarded the oil tanker MT SKIPPER off the coast of Venezuela on Wednesday, it made public what has been known to industry insiders for years. Sanctions placed on oil from Venezuela, Iran, or any other rogue state are…
Oil tycoon's 30,000-acre West Texas ranch hits market at $46.5 million
A sprawling West Texas ranch that's been in the same family for almost 60 years is officially up for grabs—and it comes with a price tag of $46,513,600. The Y Bar O Ranch, just 17 miles south of Alpine along Highway 118, covers nearly 30,000…
Readers sound off on aid for landlords, departing Mets stars and a seized oil tanker
Staten Island: Re “ Nonprofits can help deliver an affordable city ” (op-ed, Dec. 9): With the Community Opportunity to Purchase Act's latest revision, it seems that COPA applies only to buildings with significant physical or…
U.S. unseals warrant behind oil tanker seizure near Venezuela
A newly unsealed warrant shows the U.S. Coast Guard seized the M/T Skipper, a crude oil tanker intercepted off Venezuela, just before the warrant was set to expire on Wednesday. Why it matters: The move comes as the Trump administration layers on…
Gary Griggs, Our Ocean Backyard | Oil offshore of Santa Cruz?
Getting your Trinity Audio player ready... The initial discovery of oil in Pennsylvania by Edwin Drake in 1859 was to forever change our uses of energy in the United States and globally. This discovery led to multiple oil rushes in the history of…
Iran Seizes Foreign Oil Tanker With 18 Crew Members
Iranian judicial authorities have seized a foreign oil tanker and detained its 18 crew members in the Sea of Oman. Reports in Iranian media said the ship seized on December 12 was carrying some 6 million liters of smuggled fuel. Citing provincial…
US seizure of rogue oil tanker signals new crackdown
MIAMI (AP) — The oil tanker was navigating near the coast of Guyana recently when its location transponder showed it starting to zigzag. It was a seemingly improbable maneuver and the latest digital clue that the ship, the Skipper, was…
Best Oil Stocks To Follow Today - December 13th
4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap Exxon Mobil, Chevron, and Cenovus Energy are the three Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of publicly traded companies involved…
University of Maryland President Cleared of Plagiarism
|University of Maryland President Cleared of Plagiarism https://www.nytimes.com/2025/12/13/us/politics/university-of-maryland-president-cleared-of-plagiarism.html The president of the University of Maryland, Darryll J. Pines, was cleared of…
Why US giant Chevron, not China, may save oil-rich Venezuela - Ya Libnan
Chevron confirmed this week that it was operating in Venezuela “without disruption and in full compliance with laws and regulations applicable”, according to Reuters, and had exported two cargoes of Venezuelan heavy crude to the US…
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