Finance News – Oil
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Conservatives vow to end oil and gas windfall tax
Ending the additional tax on oil and gas profits could impact government revenue while potentially encouraging increased investment and production within the energy sector.
Read Full Article →Premarket: Wall Street futures down, oil falls on Middle East fears
Concerns over geopolitical instability in the Middle East combined with uncertainties surrounding the U.S.-China trade agreement prompted investors to shift toward safer investment...
Read Full Article →BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets
BP's ongoing challenges compared to competitors have increased investor interest, especially as ADNOC's involvement signals potential shifts in asset ownership and valuation within...
Read Full Article →ASX set to rise, Wall Street rally stalls; Oil jumps
Despite gains nearing previous peaks in US equity markets, Australian shares are expected to increase while oil prices experience a notable surge, reflecting shifting dynamics in g...
Read Full Article →Edison Issues Report on DUG Technology (DUG)
The recent analysis by Edison highlights DUG Technology’s potential impact on the energy sector, reflecting its role in enhancing seismic data services crucial for oil and gas expl...
Read Full Article →OPEC boss slams net-zero targets, promotes big future for oil in Calgary speech
The leader of OPEC emphasized the ongoing global demand for oil, suggesting that sustained financial investments in the industry will be crucial to support energy markets over the...
Read Full Article →Energy fund managers make bigger wagers on gas stocks as oil stumbles
Investors in energy-focused funds are increasingly allocating capital to natural gas companies, anticipating potential shifts in market dynamics and possible consolidation within t...
Read Full Article →Will the North Sea oil and gas industry be Labour’s next U-turn?
Changes in government approach toward North Sea energy production could significantly impact employment levels, regional economic stability, and fiscal revenues derived from the se...
Read Full Article →ASX set to rise, Wall Street advances; $A jumps; oil surges
Global markets showed positive momentum with rising shares in the United States, a strengthening Australian dollar, and increased oil prices, reflecting investor confidence and pot...
Read Full Article →WhiteRock crypto soars over 110% amid rumoured partnership with Saudi Arabian oil giant
WhiteRock's value increased significantly after speculation about a collaboration with a leading Saudi oil company, highlighting the potential impact of strategic alliances on cryp...
Read Full Article →Alberta wildfires pose growing threat to oil output
The increasing number of wildfires in Alberta is likely to disrupt local oil production, potentially affecting supply levels and causing fluctuations in energy markets.
Read Full Article →Our only oil and natural gas stock stands to win big if a key pipeline project is revived
The potential restart of a halted pipeline initiative could substantially impact the value of the sole company involved in oil and natural gas operations, depending on political de...
Read Full Article →Australia's largest gas project approved for operation to 2070
The extension of Woodside’s North West Shelf project until 2070 is expected to impact Australia's energy market and investment landscape by prolonging extraction activities and ass...
Read Full Article →North Sea windfall tax causing ‘irreversible damage’ says oil giant
The additional tax on oil and gas companies operating in the North Sea is reportedly impacting industry stability and employment, leading to concerns about long-term financial effe...
Read Full Article →Only two ship anchors prevented 'catastrophic' oil spill, report finds
The presence of just two anchors on the bulk carrier likely averted extensive environmental damage, potentially saving millions in cleanup costs and legal liabilities associated wi...
Read Full Article →Premarket: U.S. stock futures slide as tariff rally eases, UnitedHealth slips
U.S. stock futures declined ahead of the opening bell reflecting reduced momentum from recent trade optimism, while energy prices dropped amid renewed expectations for easing tensi...
Read Full Article →Qatar orders up to 210 Boeing jets during Trump visit
Qatar's commitment to purchasing a large number of Boeing airplanes highlights a substantial economic development, reflecting strong business ties and significant financial agreeme...
Read Full Article →Dutch climate campaigners vow to take Shell to court again
Potential legal challenges against Shell could impact the company’s investments and future revenues by targeting ongoing oil and gas developments linked to environmental concerns a...
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