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The Latest Breaking News from Oil

AWS wants to fuel its data centers with vegetable oil - which could actually be terrible

Amazon is looking to reduce the carbon footprint of its data centers, starting with backup generators in Europe, but there are plenty of causes for concern.

TechRadar

Egco invests B30bn to raise capacity by 1GW

Electricity Generating Plc (Egco), the power generation arm of Electricity Generating Authority of Thailand, plans to spend 30 billion baht on growing its power business this year by increasing capacity by 1 gigawatt.

Bangkok Post

Best apple cider vinegar products for hair: Benefits explained and how to use them

The buzz wellness ingredient has been brought to the haircare space

Evening Standard

From analysis to the latest developments in health,
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Sunken Philippine oil tanker found

MANILA: A leaking oil tanker that sank in the Philippines three weeks ago has been found, officials said on Tuesday, as the slick reached waters known for their rich marine life.

Bangkok Post

Venezuela oil czar in surprise resignation amid graft probes

The man responsible for running Venezuela’s oil industry — the one that pays for virtually everything in the troubled country, from subsidized food to ridiculously cheap gas — has quit amid investigations into alleged corruption among public officials

The Independent UK

Australia's 116 new coal, oil and gas projects equate to 215 new coal power stations

Australia has 116 new coal, oil and gas projects in the pipeline. If they all proceed as planned, an extra 1.4 billion tonnes of greenhouse gases would be released into the atmosphere annually by 2030.

The Conversation

‘No limits partnership’: Xi and Putin’s economic priorities

Chinese and Russian leaders expected to double down on economic cooperation during three days of meetings in Moscow.

Al Jazeera

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Banks Promote Climate Pledges But Keep Increasing Their Financing of Fossil Fuel Production

National day of protest will target JPMorgan Chase, Citigroup, Bank of America and Wells Fargo as new U.N. report warns of catastrophic climate impacts.

Capital & Main

Experts voice concerns over university’s links to Indian health ministry ‘selling snake oil’

Western Sydney University says its partnership with the Ministry of Ayush will ‘advance the scientific base of Ayurveda’

The Guardian - AU

$10-a-barrel oil price plunge should bring relief at gas pump

What’s bad for the economy is sometimes good for motorists.

Tribune News Service

Venezuela's oil czar resigns amid corruption investigations

Venezuela’s oil czar has announced his resignation as officials investigate alleged corruption among public officials

The Independent UK

Banking turmoil questions answered: What it means for you, your mortgage and your pension

Financial authorities are now trying to prevent problems spreading throughout the global banking system and a repeat of the disastrous financial meltdown of 2008

Daily Mirror

World on ‘Thin Ice’ as UN Climate Report Gives Stark Warning

Humanity still has a chance, close to the last, to prevent the worst of climate change ’s future harms, a top United Nations panel of scientists said Monday. But doing so requires quickly slashing nearly two-thirds of carbon pollution by 2035, the Intergovernmental Panel on Climate Change said. The United…

Asharq Al-Awsat

Biden urges SCOTUS on climate suits

Big Oil has long counted on corporate-friendly federal courts to get rid of climate suits

Salon

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Liverpool Echo

Former Ministry of Defence site to be sold for major housing scheme

The site was previously used to store oil

Bangkok Post

Chevron suspends production at stricken oil field

Production at the Benchamas oil field in the Gulf of Thailand was suspended immediately after an accident last week and remains offline, US oil giant Chevron Corp said in a statement on Monday.

ABC News

IPCC climate scientists issue 'a survival guide for humanity', warning window closing to reduce emissions

The world’s climate scientists have issued what one expert says is a “final warning” before global warming exceeds 1.5C, threatening planetary systems human life depends on.

Axios

UN report: Window for limiting global warming is closing

The report warns that the window for meaningful action is closing, but details climate solutions.

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The Conversation

Beans are a favourite food in Nigeria - 4 safe ways to preserve them

The beans known as oloyin in Yoruba, or as cowpeas (Vigna unguiculata), are a favourite food among Nigerians, who eat them in a variety of dishes including soups and stews or as a standalone side dish.

The Guardian - UK

North Sea oil and gas workers vote to strike amid bumper profits

Series of actions planned this spring as union members call for more pay since firms are ‘raking it’

Reuters

Factbox-Russia's tighter energy ties with China since Ukraine war

China has increased purchases of Russian oil and gas in the year since Russia invaded Ukraine and the energy relationship between the two countries will be an important topic when presidents Vladimir Putin and Xi Jinping meet in Moscow this week.

Reuters

Factbox-China's energy investments in Russia

Chinese state energy giants have made a number of multi-billion dollar investments in Russia, one of China's top oil and gas suppliers, across various stages of the energy supply chain.

Radio France Internationale

EU, Asia bank shares slide despite UBS decision to buy out Credit Suisse

The European financial system is "resilient" the European Central Bank said on Monday, as global bank shares and oil prices slumped following the announcement that Switzerland's biggest bank UBS will take over troubled rival Credit Suisse.

The Independent UK

Insider Q&A: From oil to offshore wind, Ørsted transformed

There's scientific agreement that carbon emissions must cease in order to address climate change, but how does a company make that transition and remain profitable

Roll Call

With US fossil fuel production up, GOP would step on the gas - Roll Call

A Republican energy bill in the House would push to expand domestic fossil energy production for a global market the U.S. dominates.

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