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Oil and gas companies sued over alleged false claims of plastic recyclability
This week a group of plaintiffs in Missouri, Kansas, California and Florida filed a class-action lawsuit against dozens of companies and organizations, claiming they've falsely promoted how easy it ...CBS News - 1d -
Oil prices score weekly losses on strong dollar, China demand worries
Oil futures settled little changed on Friday but tallied losses for the week after feeling pressure from a surging U.S. dollar and continued concerns about the demand outlook, particularly from ...MarketWatch - 1d -
Trump threatens tariffs if EU doesn't buy more oil, gas
President-elect Trump on Friday threatened tariffs on the European Union (EU) unless the bloc purchases large quantities of American oil and gas to make up for its growing deficit with the U.S. “I ...The Hill - 1d -
Trump tells EU to buy US oil and gas or face tariffs
US president-elect warns bloc that member states will face tariffs unless they make big purchasesFinancial Times - 2d -
Shell tied new Nigeria offshore investments to approval for oil asset sale
Approval for exit from operation at centre of decades of criticism over environmental impact marked sharp turnaroundFinancial Times - 2d -
American Kitchens Face an Uncertain Mix: Olive Oil and Tariffs
Trump hasn’t said whether he’ll move against imported foods, but the effects on oil producers and consumers are already being debated.The New York Times - 2d -
Oil prices settle at lowest in over a week after Fed rattles markets
Oil futures declined on Thursday, pulling prices for U.S. and global crude benchmarks to their lowest settlement in over a week, a day after the Federal Reserve signaled it would go much slower in ...MarketWatch - 2d -
Syria’s largest refinery stops operating as Iran oil flow ceases
Ninety per cent of country’s crude came from Iran before fall of Bashar al-Assad, says refinery chiefFinancial Times - 2d -
Lawyer for Ecuadorian tribes fighting oil industry seeks Biden pardon
Steven Donziger and 34 congressmembers urge action on case that saw debilitating counterattacks from Chevron. Steven Donziger, the embattled human rights attorney, has urged Joe Biden to offer him ...The Guardian - 2d -
What are seed oils and do they pose health risks? Here's what to know
Seed oils are making headlines, prompting fears around whether they can have negative effects on your health. Here's what to know.CBS News - 3d -
London rents rise at record 11.6%
Landlords in the capital have been passing on higher costs to tenants amid a shortage of propertiesFinancial Times - 3d -
Why are prices rising in the UK?
The rate at which prices are rising remains higher than the Bank of England's 2% inflation target.BBC News - 4d -
UK inflation rises to 2.6% in November
Figure cements expectations Bank of England will hold interest rates steady on ThursdayFinancial Times - 4d -
Equinor Makes Oil and Gas Discovery in North Sea
The energy major said it probably wouldn’t be commercial for development in isolation, but it is the second recent discovery in the area that the company plans to further explore.The Wall Street Journal - 5d -
Oil prices finish lower as downbeat China data ease demand prospects
Oil prices finished lower Monday as concerns over the outlook for energy demand were renewed by a batch of economic data in China that showed retail-sales growth unexpectedly weakened in November.MarketWatch - 5d -
Russian Tanker Wrecks Spilling Oil Into the Black Sea
The Volgoneft-212 was carrying thousands of barrels of oil when it ran aground late Sunday and damaged its hull. A second tanker was also damaged.The Wall Street Journal - 5d -
Russian tanker sinks in Black Sea spilling 4,300 tonnes of oil
Ukraine accuses Moscow of recklessness due to risk of ecological damage as second tanker runs aground. A Russian tanker carrying more than 4,000 tonnes of oil products has sunk in the Black Sea ...The Guardian - 6d -
Two Russian oil tankers wrecked in Black Sea
Video appears to show one of the tankers broken in half and sinking amid a heavy storm, with oil visible in the water.BBC News - 6d -
Oil spill in Kerch Strait after two Russian oil tankers seriously damaged in storm
At least one person has died after two Russian oil tankers took heavy storm damage in the Kerch Strait, spilling oil and sparking an emergency rescue operation, Russian officials told state news ...ABC News - 6d -
Relax Syria sanctions to bring in western oil operators, Gulfsands boss says
Head of London-based company says boosting production would help the country ‘get back on its feet’Financial Times - Dec. 15 -
Blacklisted for trading Russian oil, he says a ‘conman’ tricked him
One of only two Europeans sanctioned for trading Russian oil says he was duped by an alleged ‘conman’Financial Times - Dec. 14 -
Weekly Jobless Claims Rise Unexpectedly
New unemployment claims for the week ending December 7 totaled 242,000, higher than economists’ forecasts of 220,000.Inc. - Dec. 12 -
Britain Promised Clean Energy, but It Still Needs Oil
The government wants to rapidly replace oil and natural gas with renewable energy projects, but offshore wind and other alternatives are still in their early stages.The New York Times - Dec. 11 -
EU targets Russia's ghost fleet shipping oil in a new round of sanctions
European Union envoys have agreed a new raft of sanctions against Russia over its war on UkraineABC News - Dec. 11 -
Supreme Court weighs environmental dispute over Utah oil railway
The Supreme Court justices will weigh the fate of an 88-mile railroad project that would transport crude oil in Utah as they consider a dispute over whether federal officials conducted a stringent ...NBC News - Dec. 10 -
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Oil Markets Shrug Off Overthrow of Syria’s al-Assad
Traders appeared to be more concerned about tepid global growth and an oversupply from other producers than about Bashar al-Assad’s ouster.The New York Times - Dec. 9 -
Human-elephant conflict is on the rise in Thailand
A group of U.S. and Thai scientists is developing groundbreaking solutions to try and stem the growing human-elephant conflict in Thailand.CBS News - Dec. 8 -
Oil prices little changed after OPEC+ delays production increase
OPEC+ is struggling to bring barrels back to the market with prices under pressure from soft China demand and strong U.S. production.CNBC - Dec. 5 -
Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - Dec. 5 -
OPEC Plus Postpones Plan to Increase Oil Output for Three Months
The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other countries to raise production.The New York Times - Dec. 5 -
OPEC+ members to delay oil production increases
This production cut was previously due to start being phased out in December.CNBC - Dec. 5 -
Shell and Equinor to combine UK offshore oil and gas assets
Companies say combination will play crucial role in securing energy supply for countryFinancial Times - Dec. 5 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Oil delivery to the Czech Republic from Russia through the Druhzba pipeline is interrupted
Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interruptedABC News - Dec. 4 -
Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.The Wall Street Journal - Dec. 4 -
Teacher's pay rise simply impossible, says minister
Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.BBC News - Dec. 3 -
Here's what the rise of homeowners associations means for buyers
Homeowners associations, or HOAs, are becoming more common. The biggest complaint among current owners is the cost, report finds.CNBC - Dec. 2
