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The Latest Breaking News from Oil

BP company directors earned enough in 2021 to pay 246 nurses salaries

Figures come as oil and gas giant posts record profits while millions face soaring energy bills

The Independent UK

California voters will decide on a veto referendum to repeal an oil and gas regulation law in 2024

The California secretary of state announced that a veto referendum seeking to repeal Senate Bill 1137 (SB 1137) had qualified for the 2024 ballot on Feb. 3.

Ballotpedia

Boots slash 50% off adult toys from Lovehoney, Lelo and Durex in time for Valentine's Day

If you're looking for something to spice things up this Valentine's Day - Boots has slashed 50% off adult toys....

Daily Mirror

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PTTEP expects sales record in 2023

PTT Exploration and Production Plc (PTTEP) expects its sales of oil and gas this year will reach a new high of 470,000 barrels of oil equivalent per day (boed), driven by gas supply from the Erawan field in the Gulf of Thailand.

Bangkok Post

Scots face 'ludicrous' energy bills while BP rakes in 'obscene' £23billion profits

The UK Government is under pressure to impose a fresh windfall tax on energy giants who are earning record profits.

Daily Record

ExxonMobil should ‘own up and pay up’ for heating planet, government’s climate adviser says

Lord Deben, a cabinet minister under Margaret Thatcher, says oil and gas giant is refusing to take ‘any responsibility’ for role it played in accelerating climate change

The Independent UK

Energy transition cannot come at the cost of the poor: Hardeep Puri

BENGALURU: Energy transition cannot happen overnight or without ensuring affordability and energy justice for the poor. That is the message oil minister Hardeep Singh Puri conveyed on Tuesday at the India Energy Week as Sultan Al Jaber, CEO of UAE’s national oil company ADNOC and the man who will lead…

The Times of India

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Russian oil refinery erupts in latest mystery fire at key energy installations

Ten fire brigades were sent to tackle the blaze, and there was a call for reinforcements amid a "difficult situation" at a giant Lukoil installation near Nizhny Novgorod, some 300 miles east of Moscow in Russia

Daily Mirror

‘Girls run on stage, throw underwear at you, start stripping themselves’ - meet the Dreamboys

As a new Magic Mike movie arrives, Kate Wills goes behind the scenes of the male strip scene and discovers a world of penis pumps, full frontals and lots and lots of baby oil

Evening Standard

George Skelton: Newsom promised to punish 'Big Oil' for profiteering, but so far it's just talk

SACRAMENTO, Calif. — Since early fall, Gov. Gavin Newsom has been loud and adamant about punishing "greedy Big Oil" for its "windfall" profits. But talk is cheap. He still hasn't produced a detailed plan.

Los Angeles Times

Three quick, healthy and energy-saving air fryer recipes

Imy Brighty-Potts dives into Clare Andrews’ new cookbook, which proves that your new kitchen bestie is for so much more than chips

The Independent UK

French protesters hold more strikes over pension changes

Public transportation, schools and electricity, oil and gas supplies are disrupted in France as demonstrators were to take to the streets for a third round of nationwide strikes and protests against the government’s pension reform plans

The Independent UK

Lidl shoppers can save 'almost £500 a year' by swapping eight specific items

Taste tests from Which? and Good Housekeeping have found that eight Lidl items beat out major brands.

Daily Record

Saudi Arabia Increases Price for Arab Light Crude to Asia

Saudi Arabia, the world's top oil exporter, raised prices for its flagship crude for Asian buyers for the first time in six months amid an expectation of oil demand recovery, especially from China, according to Reuters. Informed sources reported Monday that the official selling price (OSP) of Arab Light crude,…

Asharq Al-Awsat

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Insider UK

BP profits reach £23 billion after spike in oil and gas prices

Oil and gas giant comes in for criticism as it lowers the ambition of its climate change pledges

The National (Scotland)

Oil giant BP 'laughing its way to the bank' as profits DOUBLE

PROFIT more than doubled at oil giant BP last year to hit record highs ...

Evening Standard

FTSE 100 Live: BP profits surge to £23 billion, house prices stable

BP today racked up an annual profit of $27.6 billion (£23 billion), more than double the previous year’s haul after a surge in oil and gas prices.

The Guardian - UK

BP scales back climate goals as profits more than double to £23bn

Energy company faces calls for toughened windfall tax as it reaps rewards from high gas prices

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The Independent UK

BP profits double to record £23bn after spike in oil and gas prices

Friends of the Earth says BP’s profits ‘will be yet more salt in the wound for millions of people who’ve struggled to afford to stay warm and well this winter’

Asharq Al-Awsat

Oil Rises on China Outlook, Supply Worries after Türkiye Quake

Oil prices rose for a second straight session on Tuesday, driven by optimism about recovering demand in China, and concerns over supply shortages following the shutdown of a major export terminal after an earthquake in Türkiye. Brent crude futures rose 82 cents, or 1.01%, to $81.81 per barrel by 0300…

ABC News

Oil and gas supplies may be 'impacted' as Santos workers continue strike over pay claim

Workers at Santos' Point Bonython port, near Whyalla, are continuing strike action that started in late 2022, with the union demanding a 5 per cent pay rise, or a rise that matches CPI.

The Times of India

Paulo Coelho's favorite 'Bread with olive oil' has immense health benefits: Know more

One of the world's most prolific authors, Paulo Coelho's favorite food is bread with olive oil and salt. It is among the favorite foods the author usually has for breakfast which also includes orange juice, coffee and milk.

Salon

Burning gas in oil fields a money pit

How poor methane rules are costing tribes and taxpayers

The National (Scotland)

Scottish activist completes one week occupying Shell oil platform

A SCOTTISH environmental activist is set to complete one week occupying a Shell oil platform at sea tomorrow.

The Guardian - UK

Russia-Ukraine war at a glance: what we know on day 348 of the invasion

Ukraine’s defence minister to be reshuffled into another job, Zelenskiy ally says; Ukraine braces for possible major Russian offensive this month

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