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Where will Oil Prices Go? Up or Down?

The Oil Business is very unpredictable– and no matter what independent analysts might suggest, no one knows exactly where crude prices will go. While benchmark...

Scientists call for halt to oil exploration

The British Geological Survey (BGS) has revealed that the depth recorded was estimated for a spate of earthquakes in Surrey and so not accurate....

HEATING SECTOR THRIVING AS DEMAND FOR OIL EXPERTISE GROWS

OFTEC registration figures have hit a five year high and are continuing to rise, underlining the increasing value both technicians and consumers are placing...

American Oil Production Disappoints

U.S. oil production may be growing more slowly than everyone thinks. In May American drillers pumped 10.442 million barrels a day, which is about 300,000...

BP hikes its dividend on buoyant oil market

Oil giant BP see profits soar for the first time in four years after a rise in crude prices helped it post bumper profits. Underlying...

Has Iran threatened ‘countermeasures’ if US blocks its oil exports?

Iran’s foreign ministry have reportedly said it would implement countermeasures against the U.S. if it tries to block its oil exports. As the U.S. presses...

Total’s North Sea Oil Union workers begin 24-hour strike.

Strike action by workers begins today on North Sea platforms operated by French oil giant Total. Unite, Britain's largest labour union, have said that around...

Could Russia and US work together to regulate oil prices?

Russian President Vladimir Putin has suggested that Moscow and Washington cooperate to soothe the oil market.  Russia has partnered with OPEC and other producer nations...

Warning of Oil Supply Crunch

Saudi Aramco chief warns of oil supply crunch and says investment in projects such as shale will not be enough to meet rising demand Amin...

Trump’s tweets are driving up oil prices

Iran’s Organization of Petroleum Exporting Countries (OPEC) governor has suggested that the president of America is responsible for driving up oil prices with his...

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Onshore wind farm investment at risk under government policy, says RenewableUK...

A trade association for renewable energy firms has warned that investment in onshore wind could slide unless the government changes policy, despite a record...