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The Latest Breaking News from Oil

Thailand's unemployment rate dropped in the first quarter to its lowest level since the start of the pandemic, boosted by higher employment both in the agricultural and non-agricultural sectors, as the economy gradually recovers.

Bangkok Post

FTI retains car output target

The Federation of Thai Industries (FTI) has maintained its car production target of 1.8 million units this year though many manufacturers have temporarily shut down factories due to a shortage of semiconductors.

Bangkok Post

GSB ready to assist THAI, Oil Fuel Fund

The Government Savings Bank (GSB) stands ready to extend loans to Thai Airways International (THAI) and the Oil Fuel Fund to boost their liquidity if the government adopts a policy for it to do so, said GSB chairman Prapas Kong-Ied.

Bangkok Post

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Other casualties of Putin's war in Ukraine: Russia's climate goals and science

As the European Union moves closer to an embargo deal on Russian oil, there is much talk about the impact of war-related sanctions on Europe’s energy transition and the world’s decarbonisation efforts.

The Conversation

Hip pocket pain at the bowser as fuel above $2 a litre prompts pleas from motoring groups

Australian motorists are again paying eye-watering prices for fuel amid a global supply crunch, swamping efforts to shield consumers from the hip-pocket pain.

ABC News

LOCALIZE IT: Ideas for local coverage of soaring fuel prices

EDITORS/NEWS DIRECTORS:

The Independent UK

Better Buy: Kinder Morgan vs. MPLX

High oil and gas prices due to the ban on Russian oil and surging demand bode well for Kinder Morgan (KMI) and MPLX (MPLX). But which of these midstream oil & gas stocks is a better buy now? Read more to find out.

StockNews.com

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2 Under-the-Radar High-Yield Stocks That Continue to Outperform the Market

Despite the uncertainties surrounding the market and the economy, it could be wise to bet on under-the-radar, high-yield dividend stocks Delek Logistics (DKL) and Donegal Group (DGICA). These stocks have outperformed the broader market so far this year and are likely to continue to do so.

StockNews.com

Dutch PM says EU consensus on Russian sanctions possible this week

Dutch Prime Minister Mark Rutte said on Monday that he believes the European Union can reach a consensus within the next week on a sixth package of EU sanctions on Russia that would put a stop to its consumption of Russian oil and gas as soon as possible.

Reuters

Sharp cut in methane now could help avoid worst of climate crisis

Focussing on carbon dioxide alone will not keep world within 1.5C limit of global heating, warn scientists

The Guardian - UK

What you need to know about Davos on Monday

The World Economic Forum returned to Davos on Monday with a unique spring gathering. Here is what you need to know about Day 1:

Reuters

Aramco CEO Warns of Global Oil Crunch Due to Lack of Investment

The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressures, the head of Saudi Aramco told Reuters, adding it cannot expand production capacity any faster than promised. Amin Nasser, head of the world's largest oil…

Asharq Al-Awsat

2 Buy-Rated Companies That Recently Increased Their Dividend

Given the current market turmoil caused due to multi-decade high inflation, interest rate hikes, and fears of a possible recession, we think investors should secure themselves by investing in stocks that generate stable returns in the form of dividends. So, we think it could be wise to bet on Northrop…

StockNews.com

Mark Dreyfus flags Bernard Collaery case as priority if appointed attorney general

Labor MP says he would ‘seek an early briefing’ on prosecution of Collaery after criticising commonwealth’s handling

The Guardian - AU

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The Guardian - AU

Supply chain delays and steel costs are part of ‘perfect storm’ stalling renewable energy growth

Covid disruptions in China and rising costs are affecting supplies of solar panels and wind turbine parts, while domestic energy prices climb

The Independent UK

Contractor quitting puts Shell in spotlight over climate

A longtime contractor for Shell has accusing the oil and gas company of “double talk” by saying it wants to cut greenhouse gas emissions while working on tapping new sources of fossil fuel

Newsroom.co.nz

Timber millions eyed in rainforest felling

A court filing reveals lucrative timber exports were a strong focus of forest-clearing by a part-Kiwi-owned firm operating in an area with substantial tropical rainforest in West Papua

Benzinga

Looking Into Marathon Oil's Recent Short Interest

Marathon Oil's (NYSE:MRO) short percent of float has risen 7.98% since its last report. The company recently reported that it has 18.39 million shares sold short, which is 2.57% of all regular shares that are available for trading.

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The Independent UK

Ex-rebel emerges as favorite in Colombian presidential race

A one-time rebel fighter has used an emotional anti-establishment discourse and promises to boost state involvement in the economy to garner a commanding lead in polls as Colombia heads into Sunday's presidential election

Motor1

Best Portable Heaters

These tiny furnaces are portable and powerful for warming your garage or taking a trip.

StockNews.com

Better Buy: Imperial Petroleum vs. Centennial Resource Development

In this article I will analyze and compare Imperial Petroleum vs. Centennial Resource Development to determine which oil & gas stock is currently a better investment.

Benzinga

Capstone Distributor Secures Six Orders For C65 Microturbines

Cal Microturbine, Capstone Green Energy Corp's (NASDAQ:CGRN) exclusive distributor for California, Hawaii, Nevada, Oregon, and Washington, has secured six orders for C65 microturbines throughout the state of California. Financial terms were not disclosed. The 16 C65 units will be installed for customers in the agriculture, oil and gas, and hospitality industries. The systems are…

The Independent UK

Thai chicken stir-fry piles on basil by the fistful

Western cooks too often go too light on fresh herbs, treating them more as garnish than flavoring

Evening Standard

President Zelensky tells global business leaders at Davos: ‘Do not deal with Russia anymore’

The Ukrainian president called for maximum sanctions against Russia, including an oil embargo to cripple the economy

The Guardian - UK

Forget a gimmicky windfall tax. Energy companies should be forced to slash bills instead

Who knows where that extra tax revenue would end up, asks Guardian columnist Simon Jenkins

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