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 Vote Puts Energy Policy in Focus After Oil Industry Warning
U.S. Oil & Gas Association President Tim Stewart warned that Texas could face economic harm if it adopted energy rules modeled on California, after state results listed Democrats ahead in the governor's and U.S. Senate races. In a Nov. 5 interview…
Texas oil industry welcomes Railroad Commissioner Jon Rosenthal
Subscribe to The Y'all — a weekly dispatch about the people, places and policies defining Texas, produced by Texas Tribune journalists living in communities across the state. Associations representing oil companies in Texas said they would…
Swinney's response on oil and gas 'is incoherent'
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The Scottish Government's stance on oil and gas is…
Energy Executives See 2027 Industry Growth and Oil-Supply Risks
Baker Hughes CEO Lorenzo Simonelli sees energy activity expanding in 2027, while Richard Bronze, Energy Aspects' co-founder and head of geopolitics, warns oil could move into surplus if Middle Eastern flows normalize, complicating project planning.
Olive oil in the shadow of the Colosseum: Rome's unexpected harvest
ROMA – All roads lead to Rome. But this time, the journey begins in the heart of the Eternal City and leads out into the olive groves of Lazio. And the starting point is a surprising one: the Colosseum. Best known for its ancient ruins, the…
Swinney's response on oil and gas 'is incoherent'
The Scottish Government's stance on oil and gas is “incoherent”, campaigners have claimed. First Minister John Swinney told MSPs on Thursday that his Government was against the UK Government's attempts to ban all new exploration in…
Oil Traders in Talks With US to Get Sanctioned Ships Back to Sea
Oil traders are seeking approval from the US government to use some tankers that were sanctioned for their involvement in shipping illicit oil, in an effort to address a vessel crunch and lower prices. At least four companies, including Trafigura…
Customers in Sussex are struggling to pay to fill their oil tanks
A woman from East Sussex says she is having to take on extra work to pay for the soaring cost of her heating oil. Sheila Williams, from Golden Cross, has taken on a waitress job for the winter to help her pay her bills. She said her oil bill had…
Oil prices hold as market weighs diplomatic efforts on Iran - TT
An oil tanker truck drives along a highway outside of Garden City, Texas. (Eli Hartman/Bloomberg) Oil swung as traders weighed diplomatic efforts to de-escalate the Iran war and reach a resolution that could support energy flows from the Middle…
Oil Holds Gains After Selloff
0132 GMT — Oil prices rise in early Asian trade, paring overnight gains but staying in the green after a volatile week. Hopes that the U.S. midterm result could lead to a resolution in the Middle East led to a sharp selloff, but oil regained…
Oil's Plunge Below $100 Doesn't Mean Markets Are Out of Jeopardy
This article is for subscribers only. Welcome to our guide to the commodities driving the global economy. Today, Senior Reporter Alex Longley looks at the causes of a tumultuous period for crude prices. A week is a long time in the oil market.
Oil prices could spike as U.S. action on Iran nears: Rapidan Energy
Bob McNally, CEO of geopolitical and energy analysis firm Rapidan Energy Group said he foresees a 80% chance that the world will see 'a resumption of military fighting.' He predicts that both Brent and West Texas Intermediate futures will jump…
Oil stains will vanish from clothes in minutes with chef's DIY paste
Maintaining your clothes in top condition can make an enormous difference to how you feel on a daily basis, and there's nothing more frustrating than when they've been spoiled by an accidental spillage or mark. Stains can not only damage the look…
Oiles Corp 1H Net Y2.08B Vs Net Y2.29B
Oiles Corp. (6282.TO) Japan Half-Year Ended September 30 GROUP 2026 2025 Revenue Y34.36 bln Y33.46 bln Operating Profit Y3.11 bln Y3.23 bln Pretax Profit Y3.11 bln Y3.29 bln Net Profit Y2.08 bln Y2.29 bln Per share Earnings Y72.01 Y78.66 Results…
Oil-rich UAE makes massive AI bet as Sam Altman unveils ambitious plan to transform energy industry
ABU DHABI, United Arab Emirates — At the opening of the world's largest energy conference in Abu Dhabi, artificial intelligence took center stage alongside oil and gas as OpenAI CEO Sam Altman joined senior UAE officials for the announcement…
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