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The Latest Breaking News from Oil

BP Bags Bumper 2023 Profits, Rewards Investors

British energy giant BP logged multi-billion-dollar annual profits Tuesday despite lower oil prices and following boardroom turmoil, sending its share price rallying thanks also to more big payouts to investors.

International Business Times

Brazil’s nut-breakers refuse to crack as their precious palms are threatened

Generations of women of the Amazon and Cerrado have split the coconuts of the babaçu tree for the oil. As the forests are cleared and electric fences put up, they must fight to secure rights to their beloved trees Photographs by Kristin Bethge for the Guardian

The Guardian - UK

Benjamin Moore's fresh and crisp 'winter skies' color palette is making a case for cooler shades – here's what designers make of the trend

It can be difficult to find design inspiration in the depths of winter, but Benjamin Moore's new 'winter skies' color palette is chock-full of interior design genius. Here are all the colors and what designers think of them

Homes & Gardens

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The Magnificent 7 Energy Stocks With Explosive Profit Potential

With robust global demand for oil and gas and tight supplies worsened by rising geopolitical tensions that could push prices higher, the energy industry’s prospects appear bright. Hence, let’s look at magnificent energy stocks Energy Transfer (ET), MRC Global (MRC), Cheniere Energy (LNG), North American Construction Group (NOA), NCS Multistage…

StockNews.com

‘In a word, horrific’: Trump’s extreme anti-environment blueprint

Allies and advisers have hinted at a more methodical second term: driving forward fossil fuel production, sidelining scientists and overturning rules

The Guardian - US

BP earnings and China stimulus boost European stocks

European stocks rise as BP announces strong earnings and China unveils new stimulus measures. Positive momentum in the market at opening bell.

Top News

Chinese Stocks Surge as Government Fund Increases Purchases

Read about the mixed performance of Asian markets as Chinese stocks surge, oil prices rise, and US futures remain mixed. Stay informed with the latest updates.

Top News

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BP CEO calls for pragmatism on green aims as profits halve

Murray Auchincloss says BP’s ‘aim’ to reduce oil and gas emissions by 20-30% was not confirmed as a ‘target’

The Guardian - UK

BP surpasses Q4 profit expectations, boosts share repurchases

BP reports better-than-expected Q4 profits, exceeding forecasts and announces plans to increase share buybacks. Find out more about the company's financial...

Top News

FTSE 100 Live 6 February: Index closes up 0.9% with BP topping risers

Barratt Developments is poised to buy Redrow after the housebuilders unveiled a surprise deal this morning.

Evening Standard

India Energy Week: PM Modi outlines his government's focus on alternate fuels

Prime Minister Narendra Modi on Tuesday outlined his government's vision for reducing dependence on fossil-based fuels and highlighted the achievements the country made under his administration in the energy domain. Read further on Dynamite News:

Dynamite News

Oil prices steady as attention turns to Gaza ceasefire talks

Oil prices stabilize following recent gains as markets await updates on ceasefire talks in Gaza, which could have implications for regional stability and o...

Top News

Best vegan Easter eggs for 2024: Top dairy-free chocolate treats

Chicks before non-vegan picks

Evening Standard

Crude Oil: Can the Recovery in 2024 Continue?

Crude oil prices have edged higher in early 2024. While the winter tends to be a seasonally weak period, the energy commodity that powers the world has firmed since the end of 2023.

Barchart

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StockNews.com

5 Oil and Gas Stocks Showing Potential Bullish Momentum

Dynamic shifts in global energy markets present opportunities for the oil and gas sector this year. Hence, fundamentally solid oil and gas stocks Antero Midstream (AM), NuStar Energy (NS), Dorchester Minerals (DMLP), Summit Midstream Partners (SMLP), and NGL Energy Partners (NGL) might be ideal buys for momentum. Read on.

Capital & Main

Oil and Gas Regulatory Bills Still Alive in New Mexico Legislature

New and updated regulations, a royalties increase and enforcement funding await major debate.

StockNews.com

3 Elite Oil & Gas Stocks to Buy for Explosive Gains

Oil prices recorded their first monthly increase since September, driven by the potential escalation of the Middle East conflict. With an expected upward growth trajectory for the oil and gas industry in 2024, quality oil and gas stocks Enterprise Products Partners L.P. (EPD), Ultrapar Participações S.A. (UGP), and Transportadora de…

StockNews.com

3 Smart Oil & Gas Stocks Serving Gains

Growing energy demand globally combined with supply disruptions aggravated by an uncertain geopolitical backdrop could drive crude oil prices higher. Thus, fundamentally sound oil & gas stocks MPLX (MPLX), Repsol (REPYY), and Hess Midstream Partners (HESM) could be smart investments now for substantial gains. Read on….

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The Guardian - UK

Minister consulted BP over incentives to maximise oil production, FoI reveals

Exclusive: Meeting took place days after BP reported record profits while households were squeezed by high energy bills

Top News

Asian Stocks Slide as Chinese Shares Decline Amid Market Crackdown

Asian stocks mostly lower as Chinese shares decline despite regulatory crackdown on market abuses. US futures down, oil prices higher.

Top News

Egypt's Non-Oil Business Contracts in January Due to Inflation

Inflation and the Gaza conflict have caused a contraction in non-oil businesses in Egypt in January, according to the Purchasing Managers' Index (PMI).

Marie Claire

Tyla's Radiant Glow at the 2024 Grammys Came From a $12 Body Oil

She's shining all night long.

Top News

Oil prices steady amid Gaza ceasefire talks and US strikes

Discover how oil prices remain stable amid growing tensions in the Middle East and the possibility of US military action, while Gaza ceasefire talks continue.

AAP

Energy lobby wants price cap scrapped in budget

The oil and gas industry is appealing to the government to remove a price cap on energy supply in the May budget and release more land for exploration.

The Guardian - UK

UK to scrap ‘boiler tax’ after makers raise prices to cover any fines

Penalties drafted as part of ‘clean-heat plan’ to hasten takeup of eco-friendly heat pumps replaced by quota system

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