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The Latest Breaking News from Oil

Oil and gas companies are expected to benefit this year amid robust demand. Moreover, experts believe oil production will grow in the coming months. Amid a favorable outlook of the industry, quality stocks Devon Energy (DVN) and Berry (BRY) might register solid gains. But which stock is a better buy…

StockNews.com

"War profiteering" Chevron's record gain

"It has price-gouged consumers in plain sight and it's going to get away with it," consumer advocate says

Salon

Saudi Energy Minister: We Aim to Boost Oil, Gas Production, Plan to Export Hydrogen

Saudi Energy Minister Prince Abdulaziz bin Salman announced the Kingdom’s strategic plans to increase its production of oil, gas and clean energy. “We in the Kingdom aim to increase oil and gas production, and we plan to export hydrogen,” said Prince Abdulaziz on the sidelines of the 7th edition of…

Asharq Al-Awsat

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Economy to grow by 7% in FY23; current account deficit may widen: Highlights of Economic Survey 2023

Chief economic advisor (CEA) V Anantha Nageswaran on Tuesday unveiled the Economic Survey 2022-23 and said that the Indian economy is poised to do better on the back of reforms undertaken by the government.

The Times of India

Calif. plans climate cuts despite floods

Lawmakers will have to resist inertia and oil and gas influence as the climate crisis worsens

Salon

King Charles could be first British monarch to be publicly anointed at Coronation

In previous coronations, the moment where the Archbishop of Canterbury uses holy oil to anoint the hands, breasts and head of the sovereign is not seen in public

Daily Mirror

Russia-Ukraine war: France to send extra howitzers; military casualties from both sides ‘total 200,000’ – as it happened

Western official at military briefing says similar number of people killed and wounded on each side

The Guardian - AU

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How China’s Yuan Props up Putin’s Anemic Budget

Russia has started selling its growing reserves of the Chinese currency to fill a budget deficit caused by falling oil and gas revenues and the costs of war.

The News Lens

3 Momentum Stocks to Load Up on Before January Ends

While the interest-rate hikes by the Fed have weighed heavily on market sentiments and the growth prospects of an otherwise robust economy, stocks such as Select Energy Services (WTTR), Overseas Shipholding Group (OSG), and Adams Resources & Energy (AE) have shown solid momentum lately and are well-positioned to maintain the…

StockNews.com

Putin and Saudi crown prince discuss OPEC+ cooperation to maintain price stability -Kremlin

Russian President Vladimir Putin held a phone call with Saudi Crown Prince Mohammed Bin Salman on Monday to discuss cooperation within the OPEC+ group of oil producing countries in order to maintain oil price stability, the Kremlin said in a statement.

Reuters

Indonesia to offer 10 oil and gas blocks in 2023, including in S. China Sea

JAKARTA: Indonesia plans to offer 10 oil and gas working areas this year, including a block in the South China Sea, amid efforts to boost energy production and make new discoveries, a senior energy ministry official said on Monday.

Bangkok Post

France Buys New Masterpiece for Orsay Museum with LVMH Gift

France has acquired a stunning Impressionist masterpiece for its national collection of art treasures, with a donation from luxury goods giant LVMH paying the 43 million euros (nearly $47 million) for “A Boating Party” by 19th-century French artist Gustave Caillebotte. The oil on canvas shows an oarsman in a top…

Asharq Al-Awsat

Oil prices fuel doubling of profits from global commodities trading, report finds

Companies such as Vitol and Trafigura in spotlight over profits after Ukraine invasion

The Guardian - UK

Global carbon emissions forecast cut due to Ukraine war and Biden, says BP

Oil and gas group says countries are pursuing energy security by backing domestic, renewable supplies

The Guardian - UK

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The Texas Tribune

In East Texas, a town fights to keep an oilfield waste dump from opening near wetlands and water wells

The Texas Railroad Commission has rejected the proposal twice over water contamination concerns, but locals are dismayed that the commissioners keep giving the developer more chances to alter its application.

Los Angeles Times

'The best-kept secret in the State Department.' How sports help U.S. diplomats.

When U.S. Secretary of State Antony J. Blinken visited the Middle East last fall, he didn't go there just to talk about oil and natural gas, terrorism or the war in Ukraine.

Tribune News Service

Runners' fuel: What to eat when training for a race

To do your best in an endurance event, such as the Pittsburgh Marathon on May 7, you have to put in the work with ever-longer training runs to build a mileage base.

Evening Standard

Best moisturisers for oily skin that will hydrate without making skin greasy

Hydration heroes that are kind to oily skin

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The Independent UK

Will Europe's ban on Russian diesel hike global fuel prices?

Europe is cutting more energy ties with Russia

The Independent UK

Three delicious recipes that ‘just happen’ to be vegan

Taking inspiration from around the globe, these plant-based recipes from Annie Rigg are all about maximising flavour, says Katie Wright

Asharq Al-Awsat

QatarEnergy Replaces Russian Company in Lebanon Gas Exploration

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy signed an agreement Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon’s coast. Qatar Energy is replacing a Russian company that withdrew from the Lebanese market…

The Guardian - UK

Dividends from UK-listed firms up 16.5% in 2022, far outstripping pay rises

Rise in share income particularly steep for investors in banks and oil companies

The Independent UK

Braverman urges Lords to back ‘proper penalties’ for disruptive protesters

The Public Order Bill is aimed at curbing the guerrilla tactics used by groups like Just Stop Oil, Insulate Britain and Extinction Rebellion.

Manchester Evening News

Sickening £5,000 boiler scam inspired former homeless man turned 'Britain's kindest plumber' to save a town

'That's when I sat back and thought how many other people are getting ripped off?'

The Independent UK

Qatar replaces Russian company in Lebanon gas exploration

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy agreed Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon’s coast

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