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The Latest Breaking News from Oil

Major £55m development could create more than 500 jobs

There have been some objections to the proposal

Liverpool Echo

Spaghetti and meatballs — with a twist

"The Pasta Man" presents a spaghetti and meatball (sans meat!) recipe that offers a fresh spin on the traditional

Salon

Exxon’s Plan to Monetize “Carbon Capture”

Nucor Corporation has recently entered into a partnership with Exxon Mobil to implement a carbon capture, transportation, and storage initiative at its direct reduced iron (DRI) facility in Convent, Louisiana.

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Saudi-PGA golf deal a stunning turnaround for once-shunned Crown Prince Mohammed

After years of isolation over his human rights abuses, Saudi Arabia’s crown prince is elevating his standing in the United States in part by diving into American sports, business and culture

The Independent UK

A billion-pound problem: How unchecked “excess emissions” ballooned in Texas

Over the last two decades, state regulators have allowed companies to release more than a billion pounds of excess pollution.

The Texas Tribune

Crude Rallies on Dollar Weakness and an Unexpected Decline in EIA Crude Inventories

July WTI crude oil (CLN23 ) this morning is up +1.07 (+1.49%), and July RBOB gasoline (RBN23 ) is up +5.95 (+2.32%). July Nymex natural gas (NGN23 ) is up +0.041 (+1.81%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar (DXY00 ) today is pushing...

Barchart

Trafigura pays out record $3bn to its top traders after more than doubling profits

Oil and commodities trader has benefited from rise in prices since Russia’s invasion of Ukraine

The Guardian - UK

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Banks Continue to Put Billions Into Oil and Gas — Is It a Smart Investment?

Some experts say banks should be financing renewables at a much higher rate, for climate and ROI reasons.

Capital & Main

Keir Starmer hasn't really called time on North Sea oil and gas – here's why

Keir Starmer recently announced that the UK will grant no new licenses for oil and gas firms to drill in the North Sea if Labour wins the next election.

The Conversation

So what exactly is recycled loo roll?

With toilet paper contributing to mass deforestation, Emily Hill looks into what we can do to make our loo habits less damaging to nature

The Guardian - UK

Shell's clean energy campaign is misleading, UK advertising watchdog says

A marketing campaign by oil major Shell has been banned by the U.K.’s advertising watchdog Wednesday for implying a big proportion of its business was in low carbon energy even though fossil fuels make up the “vast majority” of its operations

The Independent UK

Human rights and regional security top the agenda as Blinken visits Saudi Arabia

US Secretary of State Antony Blinken has held "open, candid" talks with Saudi Crown Prince Mohammed bin Salman in Jeddah this Wednesday, covering bilateral issues between Riyadh and Washington, as well as international relations ranging from Iran, China and the crisis in Sudan.

Radio France Internationale

‘Absolute scandal’: UAE state oil firm able to read Cop28 climate summit emails

Exclusive: UN conference president Sultan Al Jaber is also head of oil firm, which was consulted on how to respond to a media inquiry

The Guardian - UK

Which Energy Stock Should You Invest In: Marathon Oil (MRO) or Cheniere Energy (LNG)

After a stellar performance in 2022, the energy sector is expected to maintain its growth momentum this year. Strong energy demand worldwide and massive oil production cuts could significantly lift oil and gas prices. Energy producers Marathon Oil (MRO) and Cheniere Energy (LNG) are poised to benefit from the sector’s…

StockNews.com

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The Guardian - UK

How to make vegetable samosas – recipe

These Indian staples are great to make ahead for picnics and packed lunches alike, plus the filling is so versatile, it can be tailored to your liking

The Hindu

Huge oil spill on busy Masab Tank road disrupts traffic

There was huge traffic on the Masab Tank stretch due to an oil spillage on June 7 morning

The Week

Has Saudi Arabia lost control of oil prices?

Saudi Arabia has risked divisions within Opec, inflaming tensions with the US and reigniting inflation in Europe, all in a bid to boost flagging oil prices.

The Guardian - UK

UK firm given £430m green transition loan then expanded oil and gas business

Exclusive: Wood Group boosts fossil fuel business and shrinks renewables work after getting government-backed loan

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news in one place.

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Chicago Sun-Times

Menu Planner: Make a no-meat night special with quick bean chili

Thinking ahead to your next few meals? Here are some main dishes and sides to try.

Daily Mirror

ICC take unusual precaution for possible Just Stop Oil protest at The Oval

Just Stop Oil protestors have already disrupted the Premiership final and the World Snooker Championship - and the ICC are taking extra steps to avoid problems at The Oval

The National (Scotland)

MSPs urged to oppose Rosebank after Anas Sarwar pledges to honour licence

The Greens will call on MSPs to map out a fossil free future for Scotland and stand against developing the Rosebank oil field off Shetland in a…

Edinburgh Live

Edinburgh climate activists in city centre protest over pension investments

Around 20 protestors have been spotted with banners outside of the Edinburgh International Conference Centre as they demonstrate over a pension event that is being sponsored by BlackRock.

Businessweek

Permits for US Energy Projects Are So Bad Unlikely Allies Emerge

The renewables and fossil fuel industries—and Democrats and Republicans in Washington—are uniting in their push to streamline the country’s thicket of regulations.

The National (Scotland)

Watchdog bans Shell adverts for 'misleading' low-carbon claims

THREE ads for Shell promoting its low-carbon products have been banned for failing to make any mention of the energy giant’s ongoing…

The Independent UK

Showstopping BBQ main dishes for a hot grill summer

From smoky chargrilled lemon and rosemary chicken to whole-grilled sweetcorn with harissa butter, fire up these showstopping recipes at your next BBQ, says Hannah Twiggs

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