North Sea Oil Crisis: Thousands Face Job Axe
Exclusive investigation reveals how sweeping new medical assessments could decimate Britain's offshore workforce, threatening energy security and livelihoods across Scotland's oil heartlands.
Category : Search result: oil prices
Drone Attack Hits Bulgaria's Burgas Oil Refinery
A major drone strike has targeted Bulgaria's largest oil refinery in Burgas, causing significant damage and raising fears of escalating Russian aggression in Eastern Europe. The sophisticated attack has prompted urgent NATO security reviews.
Saudi Aramco halts UAE fuel supplies in OPEC+ dispute
Saudi Arabia's state oil giant Aramco has suspended fuel supplies to the United Arab Emirates amid tensions over OPEC+ production agreements, signalling a deepening rift between the Gulf allies.
Saudi Arabia's £1.5T Line Megacity Faces Major Scale-Back
Saudi Arabia's revolutionary 100-mile linear city 'The Line' faces significant downsizing as falling oil prices force Riyadh to reconsider its ambitious £1.5 trillion NEOM project, with construction reportedly paused and plans dramatically scaled back.
OPEC pauses oil output hikes as prices surge
Global oil markets face turbulence as OPEC+ unexpectedly pauses planned output increases, sending prices soaring while UK manufacturing activity contracts sharply.
Oil Price Crash and Ukrainian Strikes Threaten Putin's Russia
As oil prices collapse and Ukrainian drones systematically target Russia's vital refineries, Vladimir Putin faces economic turmoil and rare public protests that threaten his grip on power.
Shell profits hit £5.1bn despite energy market pressures
Energy giant Shell reports third-quarter profits of $6.2 billion, defying expectations despite lower gas prices and refining margins. Discover how trading operations and LNG performance drove these impressive results.
Trump-Xi Trade Deal Fuels Oil Surge & Market Rally
Global markets surge as Trump and Xi announce landmark trade agreement, sending oil prices skyrocketing while Shell posts staggering £7.4 billion quarterly profit amid energy sector boom.
Shell halts all Red Sea shipments over security fears
Energy giant Shell suspends all Red Sea transit indefinitely following recent attacks, joining growing list of companies avoiding the vital trade route as tensions escalate.
Piper Alpha Survivor's 175ft Leap from Hell
Thirty-seven years after the Piper Alpha disaster, survivor Steve Rae recounts his desperate jump from the burning oil platform that claimed 167 lives in Britain's deadliest offshore tragedy.
Petrofac wins major Shell North Sea contract
Energy services giant Petrofac lands significant Shell contract for North Sea assets, safeguarding Scottish jobs and reinforcing Aberdeen's energy hub status amid industry transformation.
Petrofac administration crisis threatens North Sea operations
Energy services heavyweight Petrofac teeters on administration edge as restructuring talks intensify, threatening thousands of UK jobs and North Sea operations.
Petrofac collapse puts North Sea jobs at risk
UK oil services company Petrofac enters administration, threatening thousands of North Sea jobs and sending shockwaves through Britain's energy sector amid ongoing financial struggles.
Trump Sanctions Hit Russian Oil & Gas Markets
New US sanctions targeting Russia's oil and gas sector under President Trump are creating shockwaves through global energy markets, with analysts warning of potential price surges and supply chain disruptions.
Climate Change Reshapes Global Kitchen Staples
From soaring olive oil prices to vanishing vanilla, discover how extreme weather and supply chain disruptions are transforming pantry staples worldwide.
Zelenskyy urges US to close Russia oil sanctions gaps
Ukrainian President urges US to expand sanctions targeting Russia's shadow oil fleet as Moscow continues to fund its war machine through energy exports.
Nutritionist's Cooking Oil Ranking: Healthiest Choices Revealed
Discover which cooking oils deserve prime spot in your kitchen and which should be banished forever. Expert nutritionist reveals surprising winners and shocking health risks of common choices.
Trump admin races to open Alaska's Arctic Refuge for drilling
In a controversial last-minute push, the Trump administration is accelerating oil and gas leasing in Alaska's Arctic National Wildlife Refuge, sparking environmental outrage and legal challenges.
US imposes major sanctions on Russian oil sector
The Biden administration imposes unprecedented sanctions targeting Russia's oil sector, hitting key shipping companies and vessels in bold move to curb Moscow's war funding.
Oil prices surge after Trump sanctions Russian producers
Global oil markets in turmoil as former President Trump imposes sweeping sanctions on Russian energy giants Rosneft and Lukoil, triggering immediate price spikes and supply concerns.
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.
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.
Premier League's £8 pints shock for Liverpool and Man Utd fans
Exclusive investigation reveals staggering beer costs at Premier League stadiums, with Liverpool and Manchester United charging fans nearly £8 per pint while other clubs offer much cheaper alternatives.
Extreme Weather Sends UK Food Prices Soaring
Britain's grocery bills are skyrocketing as extreme weather devastates global crops. From tomatoes to tea, discover which everyday items are seeing the sharpest price hikes and why experts warn this is just the beginning.
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.
Weekly food shop prices hit record high in UK
British households face unprecedented pressure as grocery prices surge 15.7% annually, with essentials like milk, butter and cheese seeing the sharpest increases. New data reveals the ongoing cost-of-living crisis is far from over.
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