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The Latest Breaking News from Oil

Biden slammed for oil project approval

The Willow project, as proposed by ConocoPhillips, has been dubbed a “carbon bomb” by climate advocates

Salon

Lawmakers fear spill on Keystone system in southern Kansas

State lawmakers worry that southern Kansas is vulnerable to oil spills from the Keystone pipeline system because earthquakes have become more frequent there

The Independent UK

Chevron hasn't complied with new California gas pricing law

Chevron has not complied with a new California law requiring it to disclose data on pricing

The Independent UK

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3 of the Most Dependable Stocks on the Planet

Fed chair Powell’s recent hawkish comments and the upbeat economic data have raised the probability of more aggressive interest rate hikes as the economy grows too quickly. Persistent rate hikes are expected to keep the stock market highly volatile in the upcoming months. Amid an uncertain macroeconomic backdrop, quality stocks…

StockNews.com

3 Energy Stocks Heating up Right Now and 1 That's Not

Regardless of the retreat in oil and gas prices from their peaks almost a year ago, resurgent global energy demand amid constrained supplies appears to be an enduring tailwind for U.S. energy producers. Hence, while it could be wise to invest in fundamentally sound energy stocks, Shell (SHEL), PBF Energy…

StockNews.com

Could scientist Claudia Sheinbaum be Mexico’s next leader?

Mexico is a year away from electing its next head of state and the potential candidate getting the most attention is an environmental scientist who could become the first female leader of Latin America’s second-largest economy

The Independent UK

German court upholds move to take control of Rosneft units

A German federal court has upheld a government decision last year to put two subsidiaries of Rosneft under the control of German authorities, throwing out complaints from the Russian oil giant

The Independent UK

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US core CPI tops estimates, pressuring Fed as it weighs hike

Underlying U.S. consumer prices rose in February by the most in five months, forcing a tough choice for Federal Reserve officials weighing still-rapid inflation against banking turmoil in their next interest-rate decision.

Tribune News Service

Why central banks are too powerful and have created our inflation crisis – by the banking expert who pioneered quantitative easing

Fifty years ago, a war broke out in the Middle East which resulted in a global oil embargo and a dramatic spike in energy prices.

The Conversation

Joe Biden approves huge Willow oil project in Alaska

Climate activists say Biden putting climate legacy at risk

The Independent UK

Energy prices ease from 2022 highs, but the squeeze isn’t over

The energy prices that pushed up Australian utility bills have eased, but will not disappear in 2023 as global market disruptions continue.

The New Daily

Biden just betrayed the planet – and his own campaign vows

Biden promised no more drilling on federal lands, ‘period, period’. This week he approved the massive Willow project

The Guardian - US

Willow oil drilling project in Alaska: Here’s what to know

US government decision to greenlight ConocoPhillips Alaska’s $8bn Willow oil project received praise and condemnation.

Al Jazeera

Ship with no permit causes ‘nightmare’ Philippine oil spill

MANILA: The Philippines is grappling with the fallout of an oil spill south of Manila, with a contractor describing the cleanup as a “logistical nightmare” amid questions on why the ship carrying industrial fuel was able to sail without a permit.

Bangkok Post

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The Guardian - US

Biden’s approval of Willow project shows inconsistency of US’s first ‘climate president’

Biden may have promised ‘no more drilling on federal lands, period’ during his campaign, but the reality has been very different

Chronicle Live

13 Amazon Mother's Day gifts for £20 or less with next-day delivery available

From care packages and food hampers to candles, gardening tools and personalised keyrings, there's plenty to choose from when it comes to spoiling your mum this year

The Independent UK

Mary Berry sets the tone for spring

Get in the mood for a change in the seasons with Mary Berry’s super simple spring recipes

Asharq Al-Awsat

India Prefers Use of UAE Dirham in Foreign Trade Settlement

India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involved in policy making and two banking sources said, because of long-running political differences with its neighbor. India, which has emerged as a top buyer of Russian oil as well as…

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The Independent UK

AP News Digest 3:10 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan.

The Independent UK

Alaska oil project approval adds yet another climate concern

The Biden administration’s approval of a massive oil development in northern Alaska commits the U.S. to yet another decadeslong crude project

Salon

Biden breaks pledge, OKs oil venture

The administration approved the controversial ConocoPhillips venture while also limiting future drilling elsewhere

Tribune News Service

Alaska oil project approved as protection sought for other areas

WASHINGTON — The Interior Department on Monday approved the operation of a massive oil and gas facility on Alaska’s North Slope, a ConocoPhillips project called Willow supported by the state’s congressional delegation but opposed by environmental groups.

The Guardian - UK

English motorway gantries get new, more secure design

National Highways hopes design will prove more resilient to trespassers after last year’s Just Stop Oil protests

Dublin Live

Expert's advice on how to preserve nutrients while cooking your veggies

Even the way you chop and boil your vegetables can make them lose much of their nutritional value, an expert has said

WEKU

The Biden administration approves the controversial Willow drilling project in Alaska

Environmental advocates opposed to the oil drilling project have called it a "carbon bomb," but proponents such as Alaska politicians and labor unions say it will bring jobs and revenue to the state.

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