Huge spike in oil prices lifts Shell’s profits and dividend

Shell hikes dividend payout for shareholders by 50% and returns £1.4bn in share buyback as oil prices an profits soar Oil group Royal Dutch Shell will pay 11p a share dividend to shareholders Group also announced bumper share buyback scheme this morning Firm’s share price up 4% as oil prices and group’s profits rise   By … Read more

Oil traders at Vitol share record bonus of £2.1bn, boosted by market volatility

Oil traders at Vitol share record bonus of £2.1bn, boosted by market volatility during coronavirus pandemic By Daily Mail City & Finance Reporter Published: 16:51 EDT, 23 July 2021 | Updated: 16:51 EDT, 23 July 2021 Oil traders at Vitol have shared a record bonus of £2.1billion, boosted by market volatility during the coronavirus pandemic.  … Read more

Shoppers love this £6 all-natural castor oil for hair growth

Shoppers claim their lashes have grown to ‘new lengths’ since using this all-natural castor oil – and it costs just £6 on Amazon By Emily Knott For Mailonline Published: 21:39 BST, 9 July 2021 | Updated: 21:43 BST, 9 July 2021 Products featured in this Mail Best article are independently selected by our shopping writers. … Read more

Shoppers love this £6 all-natural castor oil for hair growth

Shoppers claim their lashes have grown to ‘new lengths’ since using this all-natural castor oil – and it costs just £6 on Amazon By Emily Knott For Mailonline Published: 21:39 BST, 9 July 2021 | Updated: 21:43 BST, 9 July 2021 Products featured in this Mail Best article are independently selected by our shopping writers. … Read more

North Dakota sues Biden administration over halt on oil and gas leases

North Dakota sues the Biden administration over order to stop oil and gas leases on public lands claiming it will lose $4BILLION State claims it would more than $4 billion in revenue this year if order resumes North Dakota is nation’s second-largest oil producer   Lawsuit says state already lost $82 million in two cancelled sales  … Read more

Huge explosion rips through oil and gas field off coast of Azerbaijan

Huge explosion rips through oil and gas field off coast of Azerbaijan amid fears a rig or tanker has been destroyed Explosion allegedly occurred at Umid gas field in Caspian Sea, local media say Video shows the huge explosion lighting up the night sky as fireball erupted There is no official information about what caused … Read more

Tullow Oil chairman Dorothy Thompson stepping down

Tullow Oil says chairman Dorothy Thompson is stepping down at end of summer after nearly three years in role By Daily Mail City & Finance Reporter Published: 22:02 BST, 2 June 2021 | Updated: 22:02 BST, 2 June 2021 Tullow Oil said chairman Dorothy Thompson is stepping down at the end of the summer after … Read more

Huge oil drilling platform passes under Forth bridges after being offloaded by construction vessel

Mind your head! Massive oil drilling platform passes under Forth bridges after being dropped off by world’s largest construction vessel The 382 metre long Allseas’ Pioneering Spirit transferred its huge cargo of a topside drilling platform onto a cargo barge called the Iron Lady The cargo barge was then towed clear of the Pioneering Spirit and … Read more

Bankrupt oil tycoon once worth £125m was caught squatting in office, tribunal hears

A bankrupt oil tycoon once worth £125million charmed a struggling business by posing as an investor, only to have his mum pay a fraction of his funds and be caught living out of a sleeping bag in their office. Calum Melville, former Dundee FC director, used his ‘charm and charisma’ to lure in the luxury … Read more

Bankrupt oil tycoon once worth £125m was caught squatting in office, tribunal hears

A bankrupt oil tycoon once worth £125million charmed a struggling business by posing as an investor, only to have his mum pay a fraction of his funds and be caught living out of a sleeping bag in their office. Calum Melville, former Dundee FC director, used his ‘charm and charisma’ to lure in the luxury … Read more