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The Latest Breaking News from Oil

Mid-Afternoon Market Update: Dow Tumbles Over 100 Points; H&R Block Shares Spike Higher

U.S. stocks trade lower toward the end of trading, with the Dow Jones dropping more than 100 points on Wednesday.

Benzinga

North Sea oil and gas bosses get combined £25m pay rise

Pay package included a £4.6m ‘golden hello’ for CEO of the sector’s largest operator, Harbour Energy’s Linda Cook

The Guardian - UK

The Guardian view on the cost of living: a crisis made in Downing Street

Editorial: Through their own complacency and carelessness, ministers have condemned more Britons to suffer and starve

The Guardian - UK

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‘Our ancestors are in the rocks’: Australian gas project threatens ancient carvings – and emissions blowout

Custodians of petroglyphs in remote north-west say Woodside’s $12bn ‘carbon bomb’ spells disaster for culture and climate

The Guardian - AU

World's Biggest Sovereign Wealth Fund Cashes Out Of Rivian, Trims Tesla Stake, But Bulks Up On This Chinese EV Maker

Norges Bank, the central bank of Norway and the sponsor of the world's biggest sovereign wealth fund (the Norwegian Oil Fund), has substantially changed its allocation toward electric vehicle stocks in the first quarter.

Benzinga

UN Says $144 Million Needed to Avert Yemen Tanker Disaster

The United Nations was seeking $144 million on Wednesday needed to fund the salvage operation of a decaying tanker full of oil moored off the coast of Yemen, a ship whose demise could cause an environmental disaster. The amount includes $80 million to transfer the more than 1 million barrels…

Asharq Al-Awsat

3 Strong Under-the-Radar Energy Stocks to Add to Your List

Energy stocks have attracted significant investor attention over the past few months, thanks to soaring oil and gas prices due to strong demand and a global supply crush caused by the Russia-Ukraine war. Because this trend is expected to continue in the coming months, we think it could be wise…

StockNews.com

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US to Allow Foreign Investment in Northeast Syria without Sanctions

The United States will allow some foreign investment in areas of northeast Syria outside government control without coming under sanctions, it said on Wednesday, a move it says is aimed at helping a region previously controlled by ISIS. Speaking in Marrakech at a meeting of the global coalition against ISIS,…

Asharq Al-Awsat

The critical importance of improving supply chain resilience

Restaurants are certified on food safety, hotels are graded and financial institutions stress tested, so why, asks Dr David Robb, don’t we require resilience in supply chain entities?

Newsroom.co.nz

Ex-Green MPs question Govt’s climate record

James Shaw’s comments on Government climate “action” draw a blunt response

Newsroom.co.nz

What’s the Fallout from Ukraine’s Pipe Shutdown?

The shutdown of a gas pipeline in eastern Ukraine has sent a fresh wave of energy jitters through Europe. The price of gas jumped - then fell.

Asharq Al-Awsat

Explained: What led to record fall in rupee and how it may affect economy

NEW DELHI: The see-sawing rupee has given Indian investors a tough time in the past few days. On Monday, the rupee slumped by 54 paise to close at a record low of 77.44 against the US dollar.

The Times of India

Mid-Day Market Update: Crude Oil Surges 6%; Kornit Digital Shares Plummet

U.S. stocks traded mixed midway through trading, with the Dow Jones jumping more than 100 points on Wednesday.

Benzinga

$US fracking boom could tip world to edge of climate disaster$

US fracking boom could tip world to edge of climate disaster

140bn metric tons of planet-heating gases could be unleashed if fossil fuel extraction plans get green light, analysis shows

The Guardian - US

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StockNews.com

Are Medical Device Stocks Good Investments During a Recession?

The stock market has witnessed a massive sell-off lately on concerns over the Fed’s aggressive interest rate hikes to fight the decade-high inflation. Many analysts expect the economy to slip into recession due to the Fed’s monetary policy tightening. Since the medical device industry is known to be one of…

The Hindu

Milk union cautions dealers, consumers about rising atmospheric temperature

It could lead to easy souring of milk

The Hindu

Project to support enterprises by tribespersons

Objective of RGCB initiative is to protect heritage through scientific interventions

The Guardian - UK

Dear Coldplay, listen to Massive Attack and save yourselves from greenwashing

The partnership of Chris Martin’s band with biofuel producer Neste has raised eyebrows about the green credentials of their new tour says culture writer Eleanor Salter

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news in one place.

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The Independent UK

EXPLAINER: What's the fallout from Ukraine's pipe shutdown?

The shutdown of a gas pipeline through Russian-held territory in Ukraine is sending a new wave of energy jitters through Europe

Nottingham Post

The simple car accessory that could land you an MOT failure and lead to a £2.5k fine

Make sure that you are safe and don't get caught out by this error

Benzinga

Profrac Holding Corp To Start Trading Tomorrow

ProFrac Holding Corp (NASDAQ:PFHC) IPO will take place May, 12 on the NASDAQ exchange under the ticker PFHC. The company is offering shares at an expected price between $21.00 and $24.00 per share with an insider lock-up period of 180 days ending on November 08, 2022.

Benzinga

Mid-Morning Market Update: Markets Mixed; US Inflation Rate Slows To 8.3%

U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining 2% on Wednesday.

StockNews.com

Outperform Rising Inflation with These 3 Dividend Stocks

Persistently high inflation and other economic uncertainties continue to spook investors. Amid this environment, we think investors should consider investing in companies that offer products and services that face inelastic demand and whose stock provides stable returns in the form of dividends. Therefore, it could be wise to bet on…

The Independent UK

UN says $144 million needed to avert Yemen tanker disaster

The United Nations is seeking $144 million needed to fund the salvage operation of a decaying tanker full of oil moored off the coast of Yemen

The National (Scotland)

Tory MP tells Priti Patel to back chain gang punishment for climate protesters

PRITI Patel has not ruled out putting environmental protesters to work in chain gangs as punishment for disruptive tactics.

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