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The Latest Breaking News from Oil

China's top diplomat visits Moscow as Russia's war on Ukraine nears 1 year

Trade between China and Russia has increased over the past year, especially with Chinese purchases of Russian oil and gas.

WEKU

Extinction Rebellion target London Fashion Week with oil stunt and ‘die in’

The activist group were aiming to highlight Coca-Cola’s impact on the environment

Evening Standard

Biden urged not to approve oil terminals that could create ‘carbon bombs’

Report finds four new offshore depots would emit around three times what the entire US emits each year, pushing world closer to climate catastrophe

The Guardian - US

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OR to invest B31.2 billion this year

PTT Oil and Retail Business Plc (OR) plans to allocate capital spending worth 31.2 billion baht to fuel businesses in Thailand and overseas, with the largest portion of money going to non-oil businesses.

Bangkok Post

Insulate Britain activist Xavier Gonzalez-Trimmer found dead

Body of missing 22-year-old campaigner who also took part in Just Stop Oil protests found in London park

The Guardian - UK

Frankie Boyle urges UK Government to ditch Rosebank oil field plans

COMEDIAN Frankie Boyle and climate campaigner Vanessa Nakate have urged Prime Minister Rishi Sunak to throw out plans to develop a new oil and gas…

The National (Scotland)

Saudi Arabia’s GASTAT: Exports of Goods Increased by 1% in December

The General Authority for Statistics (GASTAT) has said that the value of exports of goods in Saudi Arabia during December 2022 amounted to SAR108 billion, an increase of SAR1 billion, or 1%, compared to SAR107 billion during December 2021. According to GASTAT’s publication, the value of oil exports during December…

Asharq Al-Awsat

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Saudi Oil Exports Rose to 7.4 Mln Bpd in December

Decisions by OPEC+ are not politicized and are based on market fundamentals, Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said on Monday, adding that the alliance of oil producers is sufficiently flexible to adjust policy as needed. Meanwhile, Saudi Arabia’s crude oil exports in December 2022 rose by 157,000…

Asharq Al-Awsat

Telangana: Truck carrying transformer oil catches fire on Mumbai Highway; no casualties

A truck carrying transformer oil caught fire on the Mumbai Highway in Beeramguda area here on Tuesday morning, and a car parked beside it also gutted. Read further on Dynamite News:

Dynamite News

Moody's affirms stable ratings outlook for oil firms IOCL, BPCL, and HPCL

Moody's Investors Service has kept the outlooks on the ratings for three-oil refining and marketing companies -- Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Ltd. (HPCL) -- stable. Read further on Dynamite News:

Dynamite News

Chiller thriller: Quick and affordable recipes using frozen favourites

From ice to ‘nice’, Lisa Faulkner whips up three quick-prep midweek meals, making use of some nifty freezer favourites

The Independent UK

'Clean' fuel claims by gas giant Santos challenged in court

The Australasian Centre for Corporate Responsibility (ACCR) has sued Santos in the Federal Court alleging the oil and gas producer engaged in misleading or deceptive conduct violating consumer law.

Newcastle Herald

Woodside opponent arrested over parliament vandalism

Woodside's logo has been painted on the front entrance of the WA parliament in the latest protest against the oil and gas giant's activities.

AAP

Amazon's selling a ton of these things that make it easier to keep your house nice

These things help out with all of the daily chores around your home that feel like a hassle. Once you start using them, you’ll wonder how you ever did without.

Mic

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Fortune

How the Russian economy self-immolated in the year since Putin invaded Ukraine

Russia will realize it does not need Putin, just as the world has already realized it does not need Russia.

StockNews.com

3 Energy Stocks to Buy for 2023 and Beyond

The energy sector remains buoyed on the backs of a tight supply due to geopolitical turmoil and rising demand due to China’s reopening. Therefore, investors could be wise to buy fundamentally strong energy stocks Marathon Petroleum (MPC), Valero Energy (VLO), and Unit Corporation (UNTC) as they look well-positioned for long-term…

The Independent UK

Filipino breakfast is a tasty garlic fried rice for any meal

In Filipino homes, the smell that wakes up many families is not coffee brewing or bacon frying, but slices of garlic sizzling in oil

The Guardian - UK

How to make the perfect kimchi pancake – recipe

A Korean national favourite and an enterprising way to spice up Shrove Tuesday (or plain old ‘pancake day’ in the UK)

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news in one place.

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The Guardian - UK

About £1 a portion: Rukmini Iyer’s one-pan bread recipes

A duo of delicious and thrifty homemade breads: caramelised onion and rosemary skillet bread, and mini thyme and tomato rolls to dunk in a luscious baked camembert

Edinburgh Live

Edinburgh couple open new vegan cafe to 'help teach locals how to cook'

A couple enthusiastic about cooking and plant based food have relocated from London to Edinburgh and opened up a new cafe in the city, insisting that healthy food doesn't have to sacrifice taste.

The Times of India

Sensex, Nifty pare early gains to settle lower for 2nd straight session

MUMBAI: Benchmark equity indices sensex and Nifty pared early gains to close lower by over half a per cent on Monday due to losses in oil gas and banking shares amid concerns over further uptick in interest rates.

Al Jazeera

Iran ‘strongly rejects’ Israeli claims on oil tanker attack

Israeli Prime Minister Benjamin Netanyahu blamed Iran for attacking its oil tanker in the Arabian Sea on February 10.

Asharq Al-Awsat

Saudi Arabia Vows to Take Legal Action Against Unlicensed Energy Use

As Saudi Arabia continues to push for energy efficiency, rationalization of consumption, and adherence to sustainability standards, the Saudi Ministry of Energy vowed to hold accountable those who waste oil products, or transfer them to various facilities for the purpose of generating electric power without obtaining the necessary licenses. In…

WEKU

A year into the Ukraine war, the world's biggest democracy still won't condemn Russia

As the West isolates Russian President Vladimir Putin, India has doubled down on buying Russian oil. India's prime minister calls his country's friendship with Moscow "unbreakable."

Asharq Al-Awsat

IOGP Looks Forward to Working with OPEC to Ensure Global Energy Security

For three years now, energy security has been the most prevalent issue for the global economy. The world blames the high prices of oil and gas and accuses the sector of causing record-high inflation rates. Curbing high inflation requires increasing interest rates, which drags the global economy toward recession. Governments…

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