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The Latest Breaking News from Oil

Russia's Ukraine war upended energy markets forever

It has permanently reshaped the global energy system, even though the worst-case scenarios haven't come to pass.

Axios

SC-appointed panel warns against Andaman’s proposal to ‘revive’ palm oil plantations

Diversion of forest land for red oil palm plantations in the Andaman and Nicobar Islands is in violation of the Forest Conservation Act, 1980, and will “open the floodgates” for similar agricultural use of forest land.

Newslaundry

Comfort food: Chicken parmesan pasta

This recipe combines the best of two iconic dishes in a weeknight-friendly format

Salon

From analysis to the latest developments in health,
read the most diverse news in one place.

Beetaloo gas fracking could start soon, despite NT government delay in implementing Pepper inquiry recommendations

The oil and gas industry's peak body says Beetaloo fracking licences could be issued in a month, as critics say the government's promise to implement a key inquiry is "impossible".

ABC News

Amazon's selling a ton of these cheap things that make your home so much cooler

These affordable Amazon products will help make your home look even cooler.

Inverse

Common cooking myths busted by experts including washing meat and bread storage

Kitchen experts at Wren want to help people improve their cooking skills by debunking some common culinary mistakes.

Daily Record

Iran’s Raisi Pledges to Tackle Inflation

Iranian President Ebrahim Raisi on Sunday set the tackling of galloping inflation and currency devaluation as priorities for the 2023-2024 budget presented to parliament. The pledge came as the rial touched a new low. Addressing MPs, Raisi tried to reassure Iranians over the economy which faces a serious crisis due…

Asharq Al-Awsat

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Oil wells guzzle precious California water. Next door, residents can’t use the tap

A town in the oil industry’s shadow grapples with health fears as the state fails to limit companies’ use of fresh water

The Guardian - US

Five staple ingredients, five delicious budget recipes

Chorizo and lemon rice, cheese souffle, Shanghainese noodles: classic family dishes that deliver luxury at an affordable price from chefs including Joe Woodhouse and Fuchsia Dunlop

The Guardian - UK

Mini refineries lead Nigeria’s quest to process own crude oil

On a river bank deep in the Niger Delta a local contractor is building one of a growing number of mini refineries that the Nigerian government hopes will finally help wean Africa’s biggest economy off foreign fuel.

Tribune News Service

Yellen sees success in extending Russia price cap, despite risks

U.S. Treasury Secretary Janet Yellen expressed confidence that restrictions on Russian sales of crude oil can be expanded to refined petroleum products in February, while acknowledging that the task will be more complicated.

Tribune News Service

In defense of the underrated celery

When combined with creamy white beans, a punchy dressing and crispy fried garlic, celery gets its due

Salon

Peak gasoline heralds price shocks for drivers, inflation headaches

Gasoline demand in the U.S. has peaked, with a surprise slowdown last year signaling that consumption is unlikely to ever again return to pre-COVID levels.

Tribune News Service

Ghost towns, trespassing tourists and Midnight Oil: How Burra turned COVID into a tourism boom

Burra is blessed with an abundance of grand civic buildings, quaint bridges, and streets lined with graceful period homes. But, strangely, it hasn't always been a popular tourist destination.

ABC News

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Chronicle Live

Marks & Spencer shoppers rush to buy 'gorgeous' £25 luxury beauty collection worth £85

Shoppers said they 'couldn't not buy' the Wellness Box, which comes with eight different bath, body, skincare and fragrance products from big brands

Daily Record

Heartbreaking final texts plane crash passenger sent saying goodbye to wife

Benjamin Chafetz sent his wife a goodbye message after the single-engine aircraft piloted by Boruch Taub lost oil pressure and began to go down.

The Guardian - UK

Rosie Birkett’s recipe for how to turn leftover cheese into a delicious tart

Transform whatever cheese you have into a winning meal, and serve with a kale and garlic crouton salad and brown butter potatoes for a full spread

WEKU

Russia has amassed a shadow fleet to ship its oil around sanctions

Russia would have to use tankers willing to get around sanctions to ship its crude to Asia. It's known in the oil industry as a "shadow fleet."

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news in one place.

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Bangkok Post

Couple arrested with wild cat skins and parts

A couple arrested with 19 animal pelts and other items in Bangkok admitted to having sold talismans made from skins and oil of Asiatic golden cats online to customers with superstitious beliefs, police say.

Reuters

G7 agrees to review level of price cap on Russian oil in March -US Treasury

Group of Seven officials have agreed to review the level of the price cap on exports of Russian oil in March, U.S. Treasury Deputy Secretary Wally Adeyemo said on Friday.

StockNews.com

3 Energy Stocks That Are Screaming Buys Right Now

Despite the recent retreat in oil and gas prices from their peaks, analysts expect energy prices to rise, driven by substantial demand and restricted supply. A surge in demand due to the reopening of China’s economy could significantly boost oil and gas prices. Given the industry tailwinds, we think it…

Reason

Republicans Want More Control Over America's Oil Reserve. They Should Scrap It Instead.

The Strategic Petroleum Reserve is supposed to insulate the U.S. from oil embargoes and foreign wars. More often, it has been used like an insurance policy for private companies.

Capital & Main

In Pennsylvania, Hopes Rise But Questions Remain About New Governor’s Environmental Agenda

Josh Shapiro has revealed little about his policy proposals.

InsideEVs

Elon Musk Says Peak Oil Demand Will Be Reached Within 5 Years

The Tesla and SpaceX founder might actually be right, but the world is still expected to be using a lot of oil even by the middle of the century.

The Times of India

India, UAE in early talks to settle non-oil trade in rupees

The United Arab Emirates (UAE) and India are discussing ways to boost non-oil trade in rupees as the Gulf country looks to strengthen ties with a major trade partner and boost its economy.

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