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The Latest Breaking News from Oil

Scalise says House will move on GOP energy package this month

WASHINGTON — The House will take up legislation on energy issues during the last week of March, House Majority Leader Steve Scalise said Wednesday.

Tribune News Service

Give Your Portfolio an Energy Boost With These 4 Stocks

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, it could be wise to invest in fundamentally sound energy stocks, Valero Energy (VLO), Unit Corporation…

StockNews.com

Man's 'crippling' £3K bills after replacing boiler with Government-backed heat pump

The government is providing grants for up to £5,000 to home owners who remove a gas central heating and hot water system and replace it with a heat pump

Daily Mirror

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TikTok campaign targets Biden on proposed Alaska oil project

A social media campaign is urging President Joe Biden to reject an oil development project on Alaska's North Slope

The Independent UK

Scalise: Broad GOP energy package to House floor this month - Roll Call

The House will take up legislation on energy issues during the last week of March, the chamber's majority leader said Wednesday.

Roll Call

Denmark hopes to pump some climate gas beneath the sea floor

Denmark pushed the button Wednesday on an ambitious project that aims to bury vast amounts of planet-heating carbon dioxide gas beneath the North Sea floor in the hope that it can help the Nordic nation and others meet climate targets

The Independent UK

Motul launches new Kawasaki Genuine Oil products at WSBK

It is easy to underestimate the role oil and lubricants play in maintaining an engine while offering maximum performance from a motorcycle. Using inferior or substandard products can have an adverse impact on the life of a bike, leading to expensive bills for repairs - or worse replacement parts.

Motorsport

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3 Momentum Stocks to Buy for Big Gains

Fed’s hawkish stance to tame stubbornly high inflation and the recessionary concerns have weighed heavily on investors’ sentiments. Despite such market uncertainties, quality momentum stocks Jabil (JBL), Overseas Shipholding Group (OSG), and Adams Resources & Energy (AE) look poised to deliver big gains in 2023. So, these stocks could be…

StockNews.com

How to make mayonnaise easily with a stick blender – recipe

Mayo always seems a faff to make yourself, but if you can get hold of a stick blender and a narrow jug, just follow these easy steps

The Guardian - UK

Thai Oil allots $1 billion for expansion

Thai Oil Plc (TOP), the country’s largest oil refinery by capacity, plans to allocate capital spending worth US$1 billion to expand its businesses between 2023 and 2025, with half the budget going to the Clean Fuel Project (CFP).

Bangkok Post

Man gets £3,000 power bill after switching boiler for Government-backed pump

Steve got a £5,000 grant to install the green alternative but his electricity bills have shot up

Wales Online

Dozens sick after Philippine oil spill

MANILA: Dozens of people in the Philippines have fallen ill after oil from a sunken tanker washed up on their shores, officials said Wednesday, as authorities struggled to reach the leaking vessel.

Bangkok Post

Oil Extends Declines on Rate Hike Concerns

Oil prices fell for a second straight session on Wednesday, driven by fears that more aggressive US interest rate hikes would hit demand, while the market awaited further clarity on inventories. Brent crude futures dipped 22 cents, or 0.3%, to $83.07 per barrel by 0730 GMT.

Asharq Al-Awsat

Third-culture feasts: Boundary blending British Indian recipes from Gurdeep Loyal

From a Stilton and tamarind toastie to chocolate orange jalebi, ‘Mother Tongue’ by Gurdeep Loyal is a celebration of the hybrid cooking of second-generation migrants. Prudence Wade ‘borrows’ three recipes

The Independent UK

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Wales Online

30 ways people try to stop snoring, and five that work according to an expert

Hacks include everything from thyme oil, mints, honey and lemon to tennis balls, tape and pegs

Asharq Al-Awsat

Iran’s Rulers, Shaken by Protests, Now Face Currency Crisis

As their currency plunged to new lows recently, Iranians did what they had grown all too used to: They crowded exchange shops, hoping to convert their increasingly worthless rials into dollars. At the grocery store, prices had climbed so high that many people had only enough to buy vegetables.

Nottingham Post

Getting Nottinghamshire's roads perfect will be like 'turning an oil tanker' says highways boss

The Met Office has issued a yellow weather warning for snow in parts of Nottinghamshire, with the county's highways team saying this could affect the state of the roads

WEKU

An oil CEO who will head global climate talks this year calls for lowered emissions

Sultan al-Jaber told energy industry power players on Monday that the world must cut emissions 7% each year and eliminate all release of methane.

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Bangkok Post

PTTEP grabs 2 new licences in Gulf

PTT Exploration and Production Plc (PTTEP) was awarded exploration and production licences at two of three new petroleum blocks in the Gulf of Thailand, a move that should pave the way for more domestic oil and gas supply to strengthen the country's energy security.

The Guardian - UK

Gas industry lobbying hard against EU boiler phaseout, leaked emails suggest

Liquid petroleum gas firms want a directive to favour biofuels and hydrogen, to which they could pivot

The Guardian - AU

Housing Australia’s fuel reserves in US an ‘absolute joke’, former top defence bureaucrat says

Dennis Richardson also tells agricultural conference national freight network is vulnerable due to rail transport bottlenecks

The Independent UK

Venezuelans still miss Chavez, want Maduro to do 'better'

President Hugo Chávez told Venezuelans to choose Nicolás Maduro as his successor during his last televised message before dying of cancer

Axios

John Kerry says U.S.-China climate talks have stalled

He tells Axios the talks have been hurt by tensions between the world's two largest greenhouse gas emitters.

Bangkok Post

PTTEP wins 2 new licences in Gulf

PTT Exploration and Production Plc (PTTEP) has been awarded exploration and production licences at two of three new petroleum blocks in the Gulf of Thailand, which should pave the way for more domestic oil and gas supply to strengthen the country’s energy security.

The New Daily

Philippine residents mop up oil spill using only mugs and buckets

Residents of a central Philippine province affected by an oil spill are cleaning it up using buckets and mugs.

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