FTSE 250 oil services firm Hunting to cut 25% of its global workforce after pandemic slashes demand for oil By Daily Mail City & Finance Reporter Published: 21:51 BST, 29 June 2020 | Updated: 21:51 BST, 29 June 2020 FTSE 250-listed oil services firm Hunting will cut more than 700 jobs by the end of … Read more
Three workers are injured after huge explosion at oil factory that ‘shook nearby buildings’ as smoke was sent billowing into the air Three workers were injured after an explosion at an industrial unit in Erith Witnesses said flames shot into the sky as 80 employees dashed to safety Three people were taken to hospital as … Read more
Fears growing that BP will cut its dividend after warning that it will take a one-off hit of up to £14bn By Francesca Washtell For The Daily Mail Published: 22:21 BST, 15 June 2020 | Updated: 22:21 BST, 15 June 2020 Fears are growing that BP will cut its dividend after warning that it will … Read more
Oil tanker truck explodes in blast so massive that houses and factories collapse as four are killed and more than 50 injured in China Blasts of flames leapt above an oil tanker trunk when it exploded in east China Passersby were left running in fear from the fireball as it engulfed the highway Four people … Read more
BP slashing 10,000 jobs as coronavirus crisis sparks brutal clear-out of senior management and white-collar staff By James Salmon for the Daily Mail Published: 22:00 BST, 8 June 2020 | Updated: 22:00 BST, 8 June 2020 BP is slashing 10,000 jobs as the coronavirus crisis sparks a brutal clear-out of senior management and white-collar staff. … Read more
Venezuela has said that its air and navy forces will escort Iranian oil tankers arriving with much-needed fuel after Tehran warned of ‘consequences’ if the US tried to intercept the ships. The tankers are carrying around 1.5 million barrels of fuel to the Latin American nation as it faces an acute scarcity of gasoline as the country … Read more
Mum’s ‘genius’ recipe for making hot chips from leftover potato skins wins praise from hundreds of home cooks A woman trying to cut down waste has discovered a use for leftover potato skins She coated a pile of peels in olive oil and fried them in an air fryer for 20 minutes The skins crisped … Read more
Anxiety sufferers should be given lavender oil as a first line of treatment instead of addictive drugs, a psychiatrist has claimed. Professor Hans Peter-Volz said doctors are too quick to dish out benzodiazepines and other drugs to patients with anxiety. Instead, patients with a mild form of the disorder should be given natural remedies, including … Read more
Algy Cluff remains ‘optimistic’ about future for oil as demand slumps to lowest levels for 25 years By Harriet Dennys, Financial Mail On Sunday Published: 21:57 BST, 2 May 2020 | Updated: 21:57 BST, 2 May 2020 Veteran oil prospector Algy Cluff is determined to remain ‘optimistic’ about the future for oil as demand slumps … Read more
Shell’s 80-year run of not cutting dividends ends as the oil giant falls victim to historic slump in demand caused by virus lockdown Shell is the first oil ‘supermajor’ to cut dividends due to the Covid-19 pandemic Russ Mould, AJ Bell: Dividend cut is ‘devastating to investors across the country In layman’s terms, oil markets … Read more