Oil Industry News

A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

reuters.com - Ateeq Shariff - Saudi bourse gains on rising oil prices; Qatar falls
Saudi bourse gains on rising oil prices; Qatar falls
Reuters

An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. REUTERS/Christopher Pike/File Photo Acquire Licensing Rights Dec 10 (Reuters) - Saudi Arabia's stock…

theconversation.com - Micah Lucy Abigaba - Uganda will soon be exporting oil: an energy economist outlines 3 keys to success
Uganda will soon be exporting oil: an energy economist outlines 3 keys to success
The Conversation

Uganda entered into agreements in 2012 with two foreign oil entities to exploit its oil resources. Total Energies holds 56.67% of the joint venture partnership and China National Oil Offshore Company (CNOOC) has 28.33%. Through Uganda National Oil…

scmp.com - Hayley Wong - Chinese oil giant CNOOC looks underground to store fuel reserves
Chinese oil giant CNOOC looks underground to store fuel reserves
South China Morning Post

China energy security Get more with myNEWS A personalised news feed of stories that matter to you Company has started building below-ground facility in Ningbo that promises to be cheaper to construct and operate Project is expected to be completed…

bostonherald.com - Matthew Medsger - We're drunk on oil and gas, need to 'phase-out' fossil fuels, Markey says
We're drunk on oil and gas, need to 'phase-out' fossil fuels, Markey says
Boston Herald

Sen. Ed Markey, D-Mass., attends an event at the COP28 U.N. Climate Summit, Sunday, Dec. 10, 2023, in Dubai, United Arab Emirates. (AP Photo/Kamran Jebreili) Any agreement for fighting the negative impacts of a changing climate to emerge from the…

dailymail.co.uk - Elena Salvoni - Oil giants scared as climate talks threaten to plug wells, experts say
Oil giants scared as climate talks threaten to plug wells, experts say
Mail Online

OPEC reportedly urged members to reject texts that target cutting fossil fuels The oil industry is 'panicking' and 'scared' as United Nations climate talks threaten to plug wells for good, experts say, amid anger over an attempt to block a…

ctvnews.ca - Rory MacLean - Saskatchewan is a safe space to buy 'sustainable oil,' Scott Moe says
Saskatchewan is a safe space to buy 'sustainable oil,' Scott Moe says
CTV News

The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. Donald Trump said Sunday he has decided against testifying for a second time at his New York civil fraud…

purewow.com - Chelsea Candelario - Should We Be Using Batana Oil for Hair Growth?
Should We Be Using Batana Oil for Hair Growth?
PureWow

While some of you might already use coconut oil, rosemary oil or castor oil in your haircare routine, there's a new ingredient that's gaining popularity lately. Meet batana oil, a fatty acid that's known to nourish and repair dry, damaged hair.

abcnews.go.com -  BERT WILKINSON Associated Press - Guyana agreed to talks with Venezuela over territorial dispute under pressure from Brazil, others
Guyana agreed to talks with Venezuela over territorial dispute under pressure from Brazil, others
ABC News

GEORGETOWN, Guyana -- The government of Guyana, under pressure from neighboring Brazil and a Caribbean trading bloc, agreed Sunday to join bilateral talks with Venezuela over an escalating territorial dispute. The century-old dispute between the…

theepochtimes.com - Isaac Teo - 'Unrealistically Ambitious': CIBC on Feds' Oil and Gas Emissions Cap Goal for 2030
'Unrealistically Ambitious': CIBC on Feds' Oil and Gas Emissions Cap Goal for 2030
The Epoch Times

Ottawa's push to have oil and gas companies cut emissions by at least one-third of 2019 levels by 2030 is not only “unrealistically ambitious” but also risks curtailing production, CIBC says. “The timing of the cap remains…

legit.ng - Zainab Iwayemi - Global oil giant invests $5bn in Nigeria as GSK, P&G announces exit
Global oil giant invests $5bn in Nigeria as GSK, P&G announces exit
Legit.ng

Shell has revealed it is interested in investing billions of dollars in offshore oil investment opportunities in Nigeria This followed a report that some companies are leaving the country due to unfriending working environment A spokesman for Shell…

ctvnews.ca - CNN  - Al Gore calls UAE hosting COP28 'ridiculous,' slams oil CEO appointed to lead climate talks
Al Gore calls UAE hosting COP28 'ridiculous,' slams oil CEO appointed to lead climate talks
CTV News

The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. Climate advocate and former Vice President Al Gore on Sunday called into question the decision to hold…

businessinsider.com - Mark Reeth - 50 biggest and best stocks to buy in 2024: Stifel
50 biggest and best stocks to buy in 2024: Stifel
Business Insider

A true recession never hit the US, encouraging impressive returns for the S&P 500 this year. Stifel's Barry Bannister says the growth stocks that drove the market higher will falter in 2024. He encourages investors to focus instead on cyclical…

express.co.uk - Harvey Jones - Oil prices to plunge again - two reasons why motorists will hardly see a penny of it
Oil prices to plunge again - two reasons why motorists will hardly see a penny of it
Express.co.uk

Wholesale oil prices are not the only factor that determines what you pay on the forecourt. The petrol prices also reflects retailer margins and fuel duty. Up to three quarters of each litre you buy goes straight to HM Treasury. The more the oil…

legit.ng - Dave Ibemere - Dangote speaks on petrol, diesel plan for refinery, buys 1m barrels of crude oil
Dangote speaks on petrol, diesel plan for refinery, buys 1m barrels of crude oil
Legit.ng

Dangote Refinery has confirmed receiving its first one million barrels of crude cargo to begin the operation The crude was discharged at the refinery's terminal located at Lekki Free Zone near the Lekki Lagoon Despite being an oil-rich nation…

livemint.com - Nandita Iyer - Add the aroma of mustard oil to your dishes
Add the aroma of mustard oil to your dishes
mint

I was 11. My mom, baby sister and a couple of relatives were on the Gitanjali Express from Mumbai to Kolkata. The train was a few stations away from the final destination when a food vendor came into our compartment selling what looked like bhel…

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