US sanctions Russian oil giants, markets volatile
Washington escalates economic warfare with sweeping sanctions against Rosneft and Lukoil, triggering oil price volatility and global supply chain concerns as China trade tensions intensify.
Category : Search result: US oil industry
Trump's Russia Oil Sanctions: Will They Work?
The Trump administration's latest move to sanction Russian oil companies raises critical questions about effectiveness, global energy markets, and geopolitical strategy in a divided world.
Massive fire on Pemex platform forces evacuation of 321 workers
A massive fire erupts on a Pemex oil platform in the Gulf of Mexico, triggering emergency evacuations and raising serious safety concerns about Mexico's state energy infrastructure.
Petrobras abandons Amazon oil exploration plans
Brazil's state oil giant Petrobras has dramatically halted controversial drilling plans near the Amazon River mouth, marking a significant victory for environmental campaigners ahead of COP30 climate talks.
India Defies West, Buys Record Russian Oil Despite Warnings
India continues purchasing Russian oil at record levels, ignoring pressure from Donald Trump and Western allies while securing major economic benefits for its growing economy.
Best Supermarket Olive Oils: 2024 Taste Test Results
Discover which supermarket olive oils deliver exceptional quality and value. Our comprehensive taste test reveals the best extra virgin options for cooking and drizzling.
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.
Labour's North Sea oil reforms spark industry backlash
Keir Starmer's controversial energy reforms spark industry fury and political battle over North Sea future, jobs and energy security.
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
Julia Roberts on Hollywood's male-dominated industry
Oscar-winning actress Julia Roberts opens up about navigating Hollywood's gender imbalance throughout her three-decade career, sharing her fearless approach to success in the entertainment industry.
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.
US Sanctions UAE Firm Over Russian Oil Price Cap Breaches
The US Treasury imposes major sanctions on a UAE shipping firm and 18 vessels for allegedly flouting the G7's price cap on Russian oil, escalating efforts to curb Moscow's war funding.
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.
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.
Labour's net zero plan threatens Aberdeen's oil industry
Sir Keir Starmer's net zero ambitions threaten to turn Aberdeen from a booming energy hub into a 'doom town', with massive job losses and economic decline feared as North Sea oil faces the axe.
Trump Threatens India With Tariffs Over Russian Oil
Former US President Donald Trump's advisors issue a stark warning to India, threatening tariffs if Narendra Modi's government continues purchasing Russian oil, potentially straining US-India relations.
India's Russian oil windfall from Ukraine sanctions
Exclusive analysis reveals how India has capitalised on Western sanctions against Russia, saving billions on energy imports while becoming a key supplier of refined fuels to Europe, in a dramatic reshaping of global oil markets.
ConocoPhillips Axes 25% of UK Oil Workforce
US oil giant ConocoPhillips has announced deep cuts to its British operations, slashing a quarter of its UK workforce. The move signals a major shift in the North Sea energy landscape and raises concerns about the future of the region's oil industry.
Demi Moore Returns in Landman Season Two Teaser
Hollywood icon Demi Moore returns as Cami in the highly anticipated second season of Landman. Get an exclusive first look at the new teaser trailer, released hot on the heels of the show's prestigious Emmy nomination for Outstanding Drama Series.
Guyana election turmoil: President claims victory amid oil wealth
Guyana's President Irfaan Ali declares election win as opposition alleges fraud. Nation faces political crisis fuelled by massive offshore oil discoveries transforming its economy.
Labour's windfall tax breakfast with North Sea execs sparks fury
Labour's shadow ministers target North Sea energy executives in Aberdeen over breakfast, defending plans for extended windfall tax to fund green transition. Industry warns of investment flight and job losses.
Reeves ends new North Sea oil licences in Aberdeen
UK Chancellor Rachel Reeves has announced an end to new oil and gas exploration licences in the North Sea during a speech in Aberdeen, marking a major shift in energy policy towards renewables and net zero targets.
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