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The Latest Breaking News from Oil

Fire at Indonesian oil depot kills 14; thousands evacuated

A large fire has broken out at a fuel storage depot in Indonesia’s capital, killing at least 16 people, injuring dozens of others and forcing the evacuation of thousands of nearby residents after spreading to their neighborhood

The Independent UK

In a Largely Black and Latino Community, Neighbors Worry About the Oil Wells in Their Midst

Activists get a victory in their fight to protect South L.A. residents from a Catholic Archdiocese-owned oil drill site.

Capital & Main

New Mexico’s Latest Hydrogen Bill Dies While Oil and Gas Reform Act Advances

The Advanced Technology Energy Act was killed over the weekend following objections from tribal leaders.

Capital & Main

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Police: Illegal refinery blast in Nigeria kills at least 12

The Nigeria Police Force says at least 12 people have died in an explosion and fire near an illegal oil refinery site in the country's oil-rich Niger Delta region

The Independent UK

A decade under Maduro, migration marks Venezuelans’ lives

Few Venezuelans have not had their lives touched by migration over the last 10 years, when more than 7 million people left the struggling South American country

The Independent UK

Meet the activists who keep disrupting FMQs

THE climate activists who disrupt First Minister Questions every week and smashed the glass case holding William Wallace’s sword say they will…

The National (Scotland)

Shoppers flock to buy 'magic' anti-ageing face oil that makes skin 'glow'

"This stuff is pretty magic and my skin has never looked better. No tangible scent which is nice. Doesn't cause breakouts and really makes the complexion glow!"

Daily Mirror

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Philippines oil tanker spill prompts fears for protected marine areas

Authorities scramble to contain leak from sunken tanker that was carrying about 800,000 litres of oil

The Guardian - UK

Nigeria oil pipeline blast kills at least one in Niger Delta

A crude oil pipeline explosion killed at least one person and injured another on Friday, authorities on the scene said, while members of the affected community in Emohua said they feared many more had died in the blast.

Reuters

Saudi-Japanese Feasibility Study for Producing Clean Hydrogen for Local, Int’l Markets

Japan’s Marubeni Corp. has agreed to study clean hydrogen production in Saudi Arabia together with the Kingdom’s sovereign Public Investment Fund (PIF). Saudi Arabia, a leading oil-producing nation and a key player in the Organization of the Petroleum Exporting Countries, is looking to add other types of energy sources, including…

Asharq Al-Awsat

UN Experts Condemn Yemen’s Houthis for Hampering Aid Delivery

A report published by the UN Panel of Experts revealed that Houthi militias have collected more than 270 billion rials during the truce in Yemen from oil, taxes, and other levies, an amount sufficient to pay the salaries of public service employees in the militia-controlled areas for 10 months.

Asharq Al-Awsat

Why diversity in the workforce can be a strength for Scotland's renewable industry

IN 2020, it was estimated that women represented only 3 of offshore workers in the UK’s oil and gas industry.

The National (Scotland)

News briefs

Dallas GOP dinner featuring Florida Gov. Ron DeSantis closed to media

Tribune News Service

WATCH: Alabama EDGE Will Anderson runs 4.69 at NFL combine

Alabama EDGE Will Anderson ran a 4.69 at the NFL combine in Indianapolis at Lucas Oil Stadium.

USA Today Sports Media Group

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Tribune News Service

Gov. Newsom blames oil companies for California's high gas prices. Could the state sue them?

SACRAMENTO, Calif. — As lawmakers debate who is to blame for California’s high gas prices, Attorney General Rob Bonta is seeking millions of new dollars to investigate and possibly sue oil companies over the matter.

Al Jazeera

US issues more Iran sanctions amid stalled diplomacy

New measures target Iranian oil and petrochemical sales, as US says it is committed to reducing Iran’s energy exports.

Autosport

How Gulf deal has boosted Williams's F1 commercial strategy

A new partnership between Williams and Gulf Oil International was among the more intriguing Formula 1 commercial announcements of the winter.

The National (Scotland)

Activists arrested after smashing William Wallace display with hammers

The pair smashed the glass containing the historical figure's sword and spray painted the display.

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news in one place.

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Axios

Oil's Goldilocks problem: Ensuring supply without cooking the planet

A new analysis offers a "toolkit" for balancing oil and gas supply needs without abandoning climate goals.

StockNews.com

2 Under-The-Radar Momentum Stocks You Can Buy Now and Hold Forever

Despite continuing rate hikes, optimism regarding the U.S. economy avoiding a recession is rising. Therefore, investors could buy under-the-radar momentum stocks Celestica (CLS) and Unit Corporation (UNTC). These stocks are worth adding to your long-term portfolios. Keep reading.

Los Angeles Times

Shipping firms to pay pipeline company nearly $100 million in Calif. oil spill

LOS ANGELES — A year and a half after a ruptured oil pipeline sent thousands of gallons of crude gushing into the waters off Southern California, the legal blame game is starting to wind down.

StockNews.com

MPC vs. CEI: Which Energy Stock Has the Potential to Fuel Better Returns?

The energy sector is well-positioned to witness considerable growth in the foreseeable future, driven by strong global energy demand amid recovering emerging markets such as China and constrained supplies. Energy producers and distributors Marathon Petroleum (MPC) and Camber Energy (CEI) should benefit from the tailwinds. But which of these stocks…

The Independent UK

Oil leak from sunken Philippine tanker prompts swimming bans

Philippine officials say oil leaking from a Philippine tanker that sank southwest of the capital has prompted at least seven coastal towns to ban fishing and swimming as authorities scramble to contain the spill

Daily Record

School kids set for climate walkout protest walkout against Scottish oil fields today

Young climate strikers to hold major march in Edinburgh to demonstrate against the fossil fuels industry.

Insider UK

Vulcan Completion Products looks to boost turnover and headcount

Aberdeenshire-based oil and gas completions business targets the US and Middle East as key growth markets

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