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The Latest Breaking News from Oil

How Scotland's oil funded Thatcher's devastating transformation of Britain

THE first thing you ought to know about Scotland’s oil money is that it was never officially recognised as such when it was swallowed up by…

The National (Scotland)

What is the Norwegian oil fund and how does it work?

IN 1969, one of the largest offshore oilfields in the world was discovered off Norway and, suddenly, the country had a lot of product to sell.

The National (Scotland)

IRPC hopes margin will rise this year

IRPC, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects to see gross integrated margin (GIM) in its oil refinery and petrochemical businesses grow to US$13-14 per barrel on average this year as the petrochemical industry downturn has passed.

Bangkok Post

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Will China’s latest investment in Afghanistan actually work?

While a deal to extract oil has raised hopes in the war-torn nation, experts warn of China’s sketchy record.

Al Jazeera

Woodside accused of not taking carbon emission responsibilities seriously in new climate report

Climate action groups are warning some of the nation's biggest emitters face growing increasingly isolated from shareholders and industry groups if they do not act to reduce their carbon output.

ABC News

Tiwi Islanders accuse Santos of leaving out Barossa gas project environmental risks from community consultations

Tiwi elder Therese Bourke says she felt like Santos was "sweetening up" community members at consultation meetings last month.

ABC News

Texas Oil and Gas Producers Want Their Tax Break Back

An effort to resurrect Texas’ Chapter 313 tax abatement is underway in the Legislature.

Capital & Main

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Largest vessel ever welcomed to the Humber as near 20-year record sunk

333-metre Maran Lupus calls at Immingham Oil Terminal to deliver crude for refining

Birmingham Post

The 4 Best Dividend Stocks to Buy for an Early Retirement

The stubbornly high inflation is increasing the likelihood that the Federal Reserve will continue its economically painful monetary policy for longer than anticipated, which could tip the economy into a recession. Despite the uncertainties, quality dividend-paying stocks BHP Group (BHP), Telekom Austria (TKAGY), Global Partners (GLP), and MV Oil (MVO)…

StockNews.com

Carbon credits, nuclear energy part of net-zero arsenal

The Minerals Council says carbon credits are essential to manage mining emissions and remain competitive until electrification technology is widely available.

AAP

Energy agency: SUV growth weighs on emissions, batteries

The International Energy Agency says ever bigger cars pose a growing problem for the environment because they produce more greenhouse gas emissions and need larger batteries than their smaller cousins

The Independent UK

Climate campaigners sue BNP Paribas over fossil fuel finance

Action against one of Europe’s largest financial institutions is the first climate-related lawsuit against a commercial bank

The Guardian - UK

These Italian-style ‘smothered’ meatballs are hearty comfort food

No matter how you roll and cook them, meatballs are dependable dinner-winners. They are unfailingly forgiving, pleasing to all ages and adaptive to taste, diet and cuisine.

Chicago Sun-Times

'No new oil': Campaign groups project message onto Dundee oil rig

CAMPAIGN groups projected the messages “Stop Rosebank” and “Fossil Fuels are killing us” onto an oil rig in Dundee.

The National (Scotland)

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Bangkok Post

IRPC hopes to see GIM rise this year

The Independent UK

Three spring recipes inspired by Borough Market

With the hope of spring and its delicious, colourful produce on the horizon, Angela Clutton recommends three dishes that make the most of Borough Market’s bounty

Tribune News Service

Gretchen's table: Hooked on salmon, fried rice and veggies

It's Lent. Which means many are going to be eating a lot of fish, thanks to Friday night fish fries.

Fortune

How the Ukraine war has changed business

There have been big effects on more than just supply chains and inflation.

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Insider UK

Capricorn Energy appoints new chief financial officer

Latest trading update also confirms new board will report on its strategic review in April

Birmingham Post

Essar Group to invest $2.4bn at Stanlow site through new venture

EET will include Essar Oil UK, Vertex Hydrogen, EET Future Energy, Stanlow Terminals Ltd and EET Biofuels

The Guardian - AU

Afternoon Update: Woodside profit more than triples; ‘illegal’ strip search claims; and New York’s mountain of weed

Oil and gas giant’s underlying profit hits $7.7bn as energy prices surge in wake of Ukraine invasion

The National (Scotland)

What to expect this week as we dig into Scotland's past and future energy wealth

THE astonishing potential oil wealth in the North Sea was kept hidden by the UK Government – but a new series from The National will set out just…

The Guardian - AU

Woodside’s latest report a ‘fail’ despite profit more than tripling, climate activists say

Critics say energy giant’s windfall gain from price rises in wake of invasion of Ukraine will likely prove short-lived as markets accelerate shift to renewables

Pedestrian.tv

Magnesium Oil Is All Over Our FYPs, So Here’s What You Need To Know About The Trending Product

Lather me up.

AAP

Energy crisis, merger fuels higher Woodside profit

Oil and gas giant Woodside has announced an underlying full-year net profit of $US5.2 billion ($A7.7 billion), up 223 per cent from the previous year.

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