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The Latest Breaking News from Oil

'Shameful' tax loophole which benefits oil giants must be closed, demands Labour

Shadow Chancellor Rachel Reeves has revealed how oil companies get over 90p of every £1 invested in the North Sea back as a tax break.

Daily Record

Demand destruction the new buzzword

On Feb 23, a day before Russia invaded Ukraine, the world crude oil price was US$90.60 (3,221 baht) per barrel. Russian oil supply disruption and demand recovery from Covid-19 dragged the crude oil price to almost $120 at the end of May, after the US and European central banks sent…

Bangkok Post

Supermarkets still refuse to bring petrol prices down to correct level, says RAC

Motoring organisation claims the big four – Tesco, Sainsbury's, Asda and Morrisons – are not passing on the full drop in cost of oil

Wales Online

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Brazil's Bolsonaro pledges privatizations if re-elected; mum on Petrobras

Brazil's President Jair Bolsonaro did not mention privatizing state-controlled oil company Petrobras in his re-election plan released on Wednesday that promises to continue pursuing policies that reduce the size of the state.

Reuters

Trees are dying and shedding their leaves early because of the record-breaking in Wales

It looks like autumn already in some parts of Wales

Wales Online

Supermarkets slammed for not passing on fuel price cut to struggling customers

Tesco, Asda, Sainsbury's and Morrisons are presumed to be among the biggest retailers who have failed to cut fuel prices despite a "significant" drop in wholesale costs

Daily Mirror

12 BBQ cooking habits which can raise your risk of food poisoning

If your planning on hosting a cook-out for friends or family, you may want to keep these cooking tips in mind.

Daily Record

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North East energy recruiters rebrand to Visuna following expansion to bigger base

Visuna is the new name for offshore recruiters Oil Consultants which has diversified into the wider energy and tech sector

Birmingham Post

India to start supplying petrol with 20% ethanol from April 2023

PANIPAT: India will start supplying petrol with 20 per cent ethanol at select petrol pumps from April next year and will ramp up supplies thereafter as it looks to cut oil import dependence and address environmental issues.

The Times of India

Man gets stuck all night up to neck in oily pit after falling in on way home for work

A man in Russia's oil region of Tatarstan was involved in a desperate situation in which he became stuck in a pool of bitumen. He was eventually found covered form head to toe and rescued

Daily Mirror

I used a £20 pack of Glo32 teeth whitening strips for two weeks and the results were 'unreal'

It was my first time using teeth whitening strips

Liverpool Echo

US and DRC to work together on protection of rainforest and peatlands

Antony Blinken announces formal working group during Kinshasa visit, while voicing concerns over auction of oil and gas permits

The Guardian - UK

Workers block road at Ineos Grangemouth oil refinery in pay dispute

Unofficial strikes held at several industrial sites across UK amid inflation and cost of living crisis

The Guardian - UK

More germs on a barbecue than on your toilet seat, expert warns

Many will be firing up the grill this weekend - but it's not just uncooked chicken you should be worried about

Wales Online

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The Independent UK

Labour blasts ‘absurd’ tax regime after report shows oil giant Shell received £100m from UK

Call for companies to pay ‘fair share’ during cost of living crisis

Daily Record

Shell paid no tax on UK production in 2021 and received £100m from taxpayer, Labour claims

With consumers facing £4,200 average household bills next year Labour called on the Tory government to do more to squeeze the oil giants record profits.

The Guardian - UK

How to make focaccia – recipe

This Ligurian loaf is best enjoyed fresh and warm from the oven – and here’s a step-by-step guide to making it properly

Evening Standard

Best body oils that will get your skin glowing

Transform your post-shower routine into a luxurious experience

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The Independent UK

Russian oil shipments to central Europe expected to resume

Slovakia's economy minister says oil shipments from Russia through a critical pipeline to several European countries should resume soon after a problem over payments for the transit was resolved

The Guardian - US

Cuba’s enormous blaze fuels fears of instability even as flames are doused

As the country grapples with power outages and US sanctions, its government faces a perilous moment

Birmingham Post

Prax Group buys new vessel to carry Lindsey Oil Refinery marine fuel to UK and European ports

Fortuna II arrives seven months after big sister Fortuna I was welcomed

The National (Scotland)

Workers at Grangemouth oil refinery block access road in dispute over pay

NEARLY 100 workers at Grangemouth oil refinery have walked out in a dispute over pay on Wednesday morning.

Wales Online

Cancer sufferer, 60, sentenced for having cannabis she used to fight pain

She used to use cannabis oil but it became too expensive so she started putting cannabis in her food

Asharq Al-Awsat

Oil Slips as US Crude Stockpiles Rise

Oil prices eased on Wednesday after industry data showed US crude inventories unexpectedly rose last week, signaling a potential hiccup in demand, though concerns over supply kept losses in check. Brent crude futures fell 23 cents, or 0.2%, to $96.08 a barrel at 0323 GMT. US West Texas Intermediate crude…

The Conversation

Who's holding back electric cars in Australia? We've long known the answer – and it's time to clear the road

New analysis this week found strong fuel efficiency standards would have saved Australia A$5.9 billion in fuel costs and emissions equal to a year’s worth of domestic flights if the policy was adopted in 2015.

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