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The Latest Breaking News from Oil

SDRPY Signs Grant Agreement of Oil Derivatives Worth $200 Mln for Yemen

The Saudi Development and Reconstruction Program for Yemen (SDRPY) signed on Thursday a grant agreement with an estimated total value of $200 million to provide 250,000 metric tons of oil derivatives to Yemen. The Saudi side was represented by SDRPY Supervisor General Ambassador Mohammad Al Jaber and Yemen’s government was…

Asharq Al-Awsat

Ukraine, Brexit, Arab spring have one source – prices, says sociologist

Following his 2022 book Price Wars, the sociologist and documentarian Rupert Russell speaks about how financial speculators have sown a new era of chaos

The Guardian - US

Energy crisis sires new European order: a strong Italy and ailing Germany

In the weeks after Russia's invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni, embarked on a whirlwind of trips to gas suppliers in Africa.

Reuters

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OPEC+ Has Begun Talks on Output Cut - Source

Leading OPEC+ members have begun discussions about an oil output cut at the group's next meeting on Oct.

Asharq Al-Awsat

Watch for a political earthquake in middle England, as Liz Truss breaks up the Tory bedrock

In Surrey, the cost of living crisis could push voters away from the Conservatives, says Guardian columnist Gaby Hinsliff

The Guardian - UK

Tips to choose your skincare routine based on your skin type

To follow a skincare routine, it is mandatory to know your skin type first. But the quest to understand your skin type and follow a routine consistently can be a daunting task. While some people stick to the basic cleanser, toner, moisturiser and sunscreen regime, others indulge in intensive skincare…

The Times of India

CBD Oil On Behavioral Disturbances In Dementia Patients, Positive Clinical Trial

In a recent study published in Frontiers in Medicine, researchers showed that "almost 90% of patients with dementia suffer from some type of neurobehavioral symptom, and there are no approved medications to addr

Benzinga

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Michigan researchers use planes to find major undercounted source of climate pollution

The fires that burn excess gas at oil fields, landfills and manufacturing plants pollute the atmosphere more than they are given credit for, University of Michigan scientists found in a recent study.

Tribune News Service

With new sanctions, US vows to ‘severely restrict’ Iran oil sales

The Biden administration explicitly links fresh round of US sanctions to failure to restore 2015 Iran nuclear agreement.

Al Jazeera

Research shows oil field flaring emits nearly five times more methane than expected

Scientists took a dozen research flights over major U.S. oil and gas fields to sample flare emissions. They found more methane than was supposed to be there.

WEKU

US sanctions traders of Iranian oil as nuclear talks stall

The United States has imposed sanctions on a group of firms it says have played a critical role in shipping sanctioned Iranian oil

The Independent UK

Methane emissions from natural gas flaring underestimated fivefold, US study calculates

Methane emissions from natural gas and oil wells are usually burnt to convert the fugitive gas to carbon dioxide and water vapour. But new research shows the US fossil fuel industry has underestimated how much methane escapes.

ABC News

Feds Allow Single Foreign Ship To Deliver Fuel to Hurricane-Ravaged Puerto Rico

It’s only one vessel, but the U.S. domestic shipping cartel, protected by the awful Jones Act, is screaming about it.

Reason

U.S. imposes new sanctions on Iran oil exports, targets Chinese firms

The United States on Thursday imposed sanctions on companies it accused of involvement in Iran's petrochemical and petroleum trade, including five based in China, pressuring Tehran as it seeks to revive the 2015 Iran nuclear deal.

Reuters

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Salon

DeSantis waged war on green energy

Under the guise of attacking "woke capital," DeSantis has undermined Democrats' efforts to battle climate change

Reuters

Drone activity observed near Total offshore installation in North Sea

TotalEnergies said on Thursday it had observed "unauthorized drone activity" near one of its offshore oil and gas installations in the North Sea.

Daily Mirror

'I'm bombarded by scammers claiming they love me - I have the perfect reply'

Getting fraudulent messages on social media can be scary as they might be trying to trick you into giving them money, but one woman has made it her life's work to bite back at scammers

Daily Record

Boiler expert issues warning over electric heater that may raise energy bills this winter

While a space heater may cut down on energy use, one expert has explained why they may cost you more in the long run.

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The Conversation

Foreign investment into Nigeria has fallen sharply: rights and freedoms may be one reason

Nigeria has always managed to attract foreign direct investment despite its poor economic outlook. This is thanks to its oil reserves and the consumption potential of its large population.

The Conversation

Green hydrogen sounds like a win for developing countries. But cost and transport are problems

Hydrogen is used mainly to make chemicals such as fertiliser, and in oil refineries. Most hydrogen in the world today is made from natural gas or coal – methods associated with large carbon dioxide emissions. Developed countries are therefore looking to “green hydrogen” instead – produced using renewable electricity such…

The Independent UK

In one tiny German town, nobody worries about energy bills

While Europeans watch their energy bills soar as the war in Ukraine drives up the price of natural gas, oil and electricity, the tiny German town of Feldheim has been energy self-sufficient for a decade

Tribune News Service

Peak oil has finally arrived. No, Really

I’ve rarely felt more trepidation about writing a column than this one. But here goes: After more than a century of almost continual growth, the world’s appetite for oil is peaking, and will soon enter terminal decline.

The Conversation

Why is Russia sending oil and gas workers to fight in Ukraine? It may signal more energy cutoffs ahead

Russia’s effort to conscript 300,000 reservists to counter Ukraine’s military advances in Kharkiv has drawn a lot of attention from military and political analysts. But there’s also a potential energy angle.

The Guardian - UK

UK energy firms to assess oil rig security after Nord Stream pipeline leak

MI5, Royal Navy and RAF could be called upon to provide support for industry if situation escalates

Benzinga

If You Invested $1,000 In Exxon Mobil Stock At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the last two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

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