Category : Search result: oil acquisition


India denies Trump's Russian oil ban claims

Indian officials have directly contradicted Donald Trump's assertion that New Delhi agreed to stop purchasing Russian oil, creating fresh uncertainty about global energy markets and US-India relations.

Labour's North Sea oil plan sparks industry backlash

Keir Starmer faces mounting criticism over Labour's controversial North Sea oil and gas policy as industry leaders warn of economic devastation and Nigel Farage positions Reform UK as energy industry defenders.

Trump administration auctions Gulf of Mexico for oil drilling

Former President Donald Trump's administration is pushing forward with controversial plans to auction over 73 million acres for oil and gas drilling in the Gulf of Mexico, drawing immediate backlash from environmental groups and setting up a major politic

France seizes Russian oil tanker in Channel sanctions raid

In a dramatic enforcement of EU sanctions, French officials have impounded the Boracay tanker carrying Russian oil products near Cherbourg. The vessel, linked to a sanctioned Russian oligarch, highlights Europe's tightening grip on Moscow's energy exports

Oil Prices Plummet in Worst Weekly Drop Since June

Global oil markets face significant turbulence as prices head for their steepest weekly decline since June, with OPEC+ production cuts failing to offset weakening demand and economic concerns.

Seed Oil Health Risks & Benefits Revealed

New research reveals surprising truths about seed oils like sunflower, corn and canola. Discover the real health benefits and risks in our expert investigation.

French troops raid Putin's shadow fleet tankers

In a stunning covert operation, French special forces have boarded and seized two Russian oil tankers suspected of smuggling sanctioned crude, marking a dramatic escalation in Western efforts to enforce oil price caps.

Prax Lindsey Refinery Cuts 140 Jobs

The Prax Lindsey oil refinery announces devastating job cuts affecting 140 workers, raising concerns about the UK's energy sector stability and local economic impact in North Lincolnshire.

North Sea geology blocks oil extraction ambitions

A bombshell geological study reveals that complex rock formations beneath the North Sea could prevent the UK from extracting up to half its remaining oil and gas reserves, dealing a major blow to energy security plans.

The Best CBD Oil in the UK: 2024's Top Picks

Discover the UK's top-rated CBD oils for wellness. Our 2024 guide cuts through the hype with expert testing, brand comparisons, and essential buying tips to find your perfect natural supplement.

Unilever sells Ben & Jerry's to Greenfield Partners

Consumer goods giant Unilever has offloaded the ice cream brand Ben & Jerry's to its long-time licensee, Greenfield Partners, following a protracted legal and political battle over its operations in Israel and the West Bank.

JD.com in £1.4bn Talks to Buy Argos from Sainsbury's

Chinese retail giant JD.com is in advanced talks to acquire Argos from Sainsbury's in a potential £1.4bn deal, a move that could reshape the UK's non-food retail landscape and mark a major strategic shift for the supermarket chain.

Chinese nationals exploit loophole to buy Texas land

An exclusive Guardian investigation reveals how Chinese investors are exploiting a US legal loophole to purchase vast tracts of Texas land, raising national security concerns and prompting calls for stricter oversight.

Sainsbury's in Talks to Sell Argos to China's JD.com

Sainsbury's is in exclusive negotiations to sell its Argos general merchandise division to China's JD.com in a landmark deal that could reshape the UK's retail landscape and mark a major strategic retreat for the supermarket chain.

Sainsbury's Sells Bank to China's Ping An in Strategic Shift

Supermarket giant Sainsbury's is in exclusive negotiations to sell its lucrative banking division to Shenzhen-based Ping An Insurance Group, marking a major strategic shift and a significant Chinese investment into the UK's retail banking sector.

Trump Threatens Russia Sanctions Over NATO Oil Purchases

Exclusive: Former President Donald Trump declares he will impose severe sanctions on Russia if NATO member states refuse to halt purchases of Russian oil, signalling a major shift in US foreign policy approach.

Hundreds of 'Shadow' Tankers Exposed in Baltic Sea

A major investigation reveals a clandestine fleet of over 600 tankers is operating in the Baltic Sea, using opaque ownership and dubious insurance to transport Russian oil, raising serious environmental and security risks for the region.

Next Acquires Cath Kidston in Major High Street Rescue

British retail giant Next has swooped to acquire the iconic Cath Kidston brand, saving it from administration and securing 125 jobs. The deal includes the brand, domain names, and intellectual property, but all UK stores will close permanently.

Samantha Cameron's Cefinn Label Acquired

The premium womenswear brand Cefinn, founded by former Prime Minister's wife Samantha Cameron, has been sold to private investment firm Level Five in a deal securing its future.

North Sea Oil: £450bn Boom or Climate Doom?

Explosive new report reveals the staggering economic value of North Sea oil versus climate targets. Discover the fierce political battle raging over the UK's energy future.

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