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 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…
Oil Ministry disputes K'taka's claim of excess ethanol in petrol
The Petroleum Ministry on Saturday disputed claims by the Karnataka government that petrol sold at certain retail outlets in the state contained 26-31 per cent ethanol, saying tests conducted by state-run oil marketing companies (OMCs) found…
How the fossil fuel industry intervenes at COP conferences and in Switzerland
Series Switzerland and fossil fuels, Episode 18: Wie die fossile Industrie den Klimaschutz an der COP31 und in der Schweiz behindert Le -monde fascinant du pétrole-: comment l'industrie fossile freine l'action climatique aux COP et en Suisse…
Why are oil traders refusing to buy Russian diesel after Trump-Putin deal?
At least three tankers carrying Russian diesel to the United States have changed course, casting doubt over US President Donald Trump's October deal with his Russian counterpart, Vladimir Putin. Nearly a month after Trump agreed to let Russia…
4 Used Cars With Oil-Burning Engines That Consumer Reports Says To Avoid
For any savvy driver reluctant to cough up the eye-wateringly steep new-car asking prices today, a used car seems like a no-brainer option. However, buying a used car can be a minefield, too. Inspect the car too casually, and you could be flirting…
E20 petrol supplied by PSU oil firms meets prescribed quality standards: Oil Min
The 56 samples tested in Karnataka, covering different locations and all three oil marketing companies (OMCs), recorded ethanol content of 19-20 per cent, averaging 19.30 per cent, the ministry said. The findings directly contradict a recent press…
EPA enhances federalism, takes aim at costly oil and gas regs * WorldNetDaily * by Lora Current, Real Clear Wire
President Trump's Environmental Protection Agency (EPA) is taking another step toward restoring a more practical balance between environmental protection, economic opportunity, and the role of the states. Last week, on Oct. 27, the President and…
So much 'liquid gold' could hit the market that the world's top producer is withholding output-but supplies can't stay 'extra virgin' for long
A bumper harvest of olives threatens to jolt the olive oil market, prompting the world's top producer to suppress supplies for the first time ever. On Friday, Spain's agriculture ministry ordered farmers to hold back 12% of their production until…
What Murphy Oil (MUR) Said on Its Q3 Earnings Call
3 Stocks Standing Out and 2 Losing Momentum as the Tech Rally Cracks Murphy Oil NYSE: MUR said third-quarter production exceeded the high end of its guidance as the company brought two offshore projects online and advanced exploration and appraisal…
Magnolia Oil & Gas (NYSE:MGY) Downgraded by Wall Street Zen to 'Hold'
Magnolia Oil & Gas (NYSE:MGY - Get Free Report) was downgraded by analysts at Wall Street Zen from a 'buy' rating to a 'hold' rating in a note issued to investors on Sunday, Wall Street Zen reports. 3 Top Energy Stocks to Buy in 2022 MGY has been…
History Says Energy Led All Sectors in the Last Bear Market. Here's What's Different Now.
Energy stocks were the clear winners during the 2022 bear market. The S&P 500 energy stocks delivered a total return of 65.7%, while the broader S&P 500 (^GSPC +0.31%) lost 18.1%, including dividends. Energy stocks are leading again in 2026, but…
In his words: Stephen Miller is an immigration hardliner and a bombastic critic of Democrats
WASHINGTON (AP) — President Donald Trump's new White House chief of staff, Stephen Miller, is behind many of the administration's signature domestic policy initiatives — especially its sweeping crackdown on immigration. Subscribe to…
What Moved Markets This Week
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify. Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest…
Louisiana is settling major lawsuits over coastal damage. But why are the details secret?
Gov. Jeff Landry's push to settle dozens of lawsuits seeking to hold the oil and gas industry financially responsible for damage to Louisiana's coast has gained momentum — but the results so far are impossible to judge. The settlements with…
BusinessDay: Chesdon Opens Port Harcourt Oilfield Repair Center
Chesdon Engineering Limited opened a Port Harcourt repair center on Tuesday, Nov. 3, BusinessDay reported, as Nigeria seeks to deepen domestic participation in its oil and gas industry. BusinessDay said the facility is in the Eliozu area and marks…
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