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The Latest Breaking News from Oil

PTT Oil and Retail to spend $900m on expansion this year

Oil and gas retailer PTT Oil and Retail Business Plc on Monday said it plans to invest $900 million this year to expand its local and overseas business.

Bangkok Post

Poole Harbour leak: Public urged to avoid water and beaches after major oil spill

Anyone who came into contact with the spill in Poole in Dorset is urged to ‘wash immediately’

The Independent UK

Aramco, Partners to Construct Major Refinery, Petrochemical Complex in China

Aramco and joint venture partners NORINCO Group and Panjin Xincheng Industrial Group plan to start constructing a major integrated refinery and petrochemical complex in northeast China. Huajin Aramco Petrochemical Company (HAPCO) is a joint venture between Aramco, NORINCO Group, and Panjin Xincheng Industrial Group. It is developing a complex that…

Asharq Al-Awsat

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Major incident declared after oil leak in Poole

Members of the public have been warned not to swim in Poole Harbour after a major incident was declared when 200 barrels of fluid, including oil, leaked into the water.

The Week

Exxon in the classroom: how big oil money influences US universities

Students at Princeton describe unease that Exxon employee had an office on campus, while dozens of universities have big oil links

The Guardian - US

Oil Markets Steady as Investors Weigh Banking Crisis, Russia

Oil prices stabilized in Asian trade on Monday as investors sought cues from broader financial markets, while comments by Russian President Vladimir Putin over the weekend ratcheted up geopolitical tensions in Europe. Brent crude futures held unchanged at $74.99 a barrel at 0357 GMT after hitting a session high of…

Asharq Al-Awsat

Iraq-Türkiye Pipeline Shutdown on Turkish Government Orders

The Kurdistan Pipeline Company has shut the Iraq-Türkiye pipeline at the request of the Turkish government, oil companies in the regions said on Monday. The news comes after comes after Iraq on Saturday halted crude exports from its northern region after the country won an arbitration case in which it…

Asharq Al-Awsat

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Indonesia's Pertamina says two crew killed after fire on tanker

Two crew members have died and one is missing after a fire broke out on an oil tanker carrying fuel to terminals on the Indonesian islands of Bali and Lombok, the state energy company Pertamina said in a statement late on Sunday.

Reuters

Dorset oil leak: Clean-up underway after 200 barrels ‘reservoir fluid’ leak at Poole Harbour

‘Any spill is an extremely serious matter and a full investigation will be launched’ said a boss at gas firm Perenco

Evening Standard

Major incident declared after oil leaks into sea in South West England

'Anyone who has come into contact with the spill should wash immediately with soap and water'

Wales Online

Major incident declared at harbour following oil spill into water

People are being urged to avoid swimming in the water

Manchester Evening News

Major incident declared after oil leak at Poole Harbour

A pipeline has been shut down after an oil spill

The Independent UK

Major incident declared after 200-barrel fluid leak in UK harbour with 'do not swim' warning

A major incident has been declared at Poole Harbour, in Dorset, after around 200 barrels of reservoir fluid leaked into the water from a pipeline

Daily Mirror

Oman Offers 3 Oil and Gas Concession Areas for Local and Int’l Companies

Oman is offering three oil and gas concession areas for local and international local companies, a statement for the ministry of energy and minerals said on Sunday. The offering is open between March 26 and June 25, according to the statement published on Twitter.

Asharq Al-Awsat

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Asharq Al-Awsat

Aramco JV HAPCO to Commence Construction of Major Refinery, Petrochemical Complex in China

Saudi Aramco and joint venture partners NORINCO Group and Panjin Xincheng Industrial Group plan to start construction of a major integrated refinery and petrochemical complex in northeast China, Aramco said in a statement on Sunday. Huajin Aramco Petrochemical Company (HAPCO), a joint venture between Aramco (30%), NORINCO Group (51%) and…

Tom’s Guide

7 ant-repellent plants to keep your home pest-free

Have ants taken up residence in your home? These 7 plants will repel ants and stop them from coming back.

The Guardian - UK

Debora Robertson’s updated Sunday lunch: whole roast sea bass recipe

This zingy, herby dish looks wonderful when it’s brought to the table

The Guardian - UK

Salade niçoise with tonnato sauce recipe by Georgia Levy

Inject some extra flashiness into this traditional dish with a delicious anchovy-laced sauce

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The Guardian - UK

Fears that UK’s net zero strategy will be blown off course by oil and gas pressures

The UK government presentation in Aberdeen this week should be a reaction to the Joe Biden’s subsidies, but from renewables to drilling, it’s set to fall short

The Independent UK

Venezuela: 21 officials, businessmen arrested in oil scheme

Venezuela’s attorney general says 21 people, including senior officials in President Nicolás Maduro's government and business leaders, have been arrested in connection with a corruption scheme involving international oil sales

Reuters

Venezuela arrests 21 in corruption crackdown, 11 more wanted

An expanding anti-corruption probe in Venezuela has led to the detention of 10 officials and 11 businessmen, the country's attorney general said on Saturday, adding that arrest warrants for 11 more people have been issued.

The National (Scotland)

Aberdeen set to host Tories 'net zero' launch – with Rosebank decision expected

THE UK Government will launch its net-zero strategy in Aberdeen next week, signalling plans to extend drilling for oil and gas.

Leeds Live

Leeds Barclays bank sprayed with orange paint in big Just Stop Oil protest

A Leeds bank has been sprayed with orange paint by protestors

Asharq Al-Awsat

Iraq Halts Northern Crude Exports after Winning Arbitration Case against Türkiye

Iraq halted crude exports from the semi-autonomous Kurdistan region and northern Kirkuk fields on Saturday, an oil official told Reuters, after the country won a longstanding arbitration case against Türkiye. The decision to stop shipments of 450,000 barrels per day (bpd) of crude relates to a case from 2014, when…

Reason

Oil Companies Fail to Convince the Eighth Circuit Climate Cases Should Be Removed to Federal Court (Updated)

The Eighth Circuit joins the First, Third, Fourth, Ninth, and Tenth in rejecting the arguments for removal, but Judge David Stras writes an interesting concurrence.

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