Oil Industry News
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Falcon Oil & Gas Ltd. - Notice of Cancellation of Admission to Trading on AIM
Notice of Cancellation of Admission to Trading on AIM 17 February 2026 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces, in accordance with applicable AIM Rules, that the admission of Falcon's common shares to trading on AIM will be cancelled…
Michigan antitrust lawsuit says oil companies hobbled EVs and renewables
Michigan is taking on major oil and gas companies in court, joining nearly a dozen other states that have brought climate-related lawsuits against ExxonMobil and its industry peers. But Michigan's approach is different: accusing Big Oil not of…
Asia markets make cautious start, oil rises on U.S.-Iran talks
Noriko Hayashi | Bloomberg | Getty Images Asian financial markets were treading carefully on Tuesday in holiday-thinned trading, but oil pushed higher with U.S and Iran nuclear negotiations in Geneva due to begin later in the day. Mainland Chinese…
Oil Prices Mixed as Traders Await Second Round of U.S.-Iran Talks
0149 GMT — Oil prices are mixed in the morning Asian session as traders await the second round of U.S.-Iran talks this week. “There is still a large risk premium priced into the market given the uncertainty over how the situation…
What is India's Plan B for Importing Russian Oil
India is currently navigating a complex geopolitical dilemma, caught between United States trade pressures and the necessity of affordable Russian energy. Following recent tariff relief from Washington, the US administration claims New Delhi has…
Oil prices rise 1% ahead of US-Iran nuclear talks
NEW YORK: Oil prices edged up on Monday as investors weighed the market implications of upcoming US-Iran talks aimed at de-escalating tensions against a backdrop of expected Opec+ supply increases. Brent crude futures settled 90 cents, or 1.33%…
Hungary and Slovakia ask neighbouring country to help deliver Russian oil
Hungary and Slovakia have sought Croatia's help to deliver Russian oil, Hungary's foreign minister confirmed on Monday, following disruptions to flows via Ukraine and conflicting accusations of blame. Kyiv's foreign ministry said a Russian attack…
Oil in spotlight as Trump's Iran warning rattles sleepy markets
West Texas Intermediate was up more than one percent, nearing $64 per barrel, while Brent eased slightly to just under $69. Trump warned Iran of the 'consequences of not making a deal' ahead of talks between Washington and Tehran in Geneva. The US…
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I Switched to Avocado Oil-Here's What Happened to My Cholesterol
Avocado oil is rich in heart-healthy monounsaturated fats and is great for cooking. Its antioxidants may also play a role in reducing inflammation. Incorporating more avocado oil may help reduce LDL cholesterol. It's been several years since I made…
A Venezuelan-Like Oil Blockade Against Iran Could Enable The US To Divide-And-Rule RIC
The cascading consequences of such a blockade, which might not ultimately be imposed due it entailing a high risk of war with Iran, could simultaneously weaken Russia, India, and China. The Wall Street Journal reported that Trump 2.0 is considering…
Strait Showdown: Iran Launches 'Smart Control' Exercise At Oil Transit Point
Iran's elite Islamic Revolutionary Guard Corps (IRGC) kicked off naval drills Monday in the strategically vital Strait of Hormuz, according to state media. The exercise, dubbed 'Smart Control of Hormuz Strait,' is being carried out by IRGC naval…
India Might Soon Replace Russian Oil With Venezuelan At Scale After All
A new US license is being interpreted as prohibiting Venezuelan energy companies from transactions with China among other countries, which if true, could lead to India purchasing the 642,000 barrels of oil per day that China imported on average…
Trash Piles up in Havana as US Oil Chokehold Halts Garbage Trucks
HAVANA, Feb 16 (Reuters) – Garbage has begun to pile up on street corners in the Cuban capital of Havana, attracting hordes of flies and reeking of rotten food, in one of the most visible impacts of the U.S. bid to prevent oil from reaching…
Crude oil futures trade lower as markets await US-Iran talks
Crude oil futures traded lower on Tuesday morning as markets awaited the outcome of the second round of talks between the US and Iran in Geneva later in the day. At 9.58 am on Tuesday, April Brent oil futures were at $68.33, down by 0.47 per cent…
One of the Most Important Small-Town Papers of the Industrial Age Closing
Derrick Publishing Company, publisher of The Derrick and The News-Herald, announced on Feb. 5 that it will cease publication. Employees were told the decision was driven by the long-term decline in support for newspapers, along with regional losses…
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