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The Latest Breaking News from Oil

Calif. plans climate cuts despite floods

Lawmakers will have to resist inertia and oil and gas influence as the climate crisis worsens

Salon

King Charles could be first British monarch to be publicly anointed at Coronation

In previous coronations, the moment where the Archbishop of Canterbury uses holy oil to anoint the hands, breasts and head of the sovereign is not seen in public

Daily Mirror

Russia-Ukraine war: France to send extra howitzers; military casualties from both sides ‘total 200,000’ – as it happened

Western official at military briefing says similar number of people killed and wounded on each side

The Guardian - AU

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How China’s Yuan Props up Putin’s Anemic Budget

Russia has started selling its growing reserves of the Chinese currency to fill a budget deficit caused by falling oil and gas revenues and the costs of war.

The News Lens

3 Momentum Stocks to Load Up on Before January Ends

While the interest-rate hikes by the Fed have weighed heavily on market sentiments and the growth prospects of an otherwise robust economy, stocks such as Select Energy Services (WTTR), Overseas Shipholding Group (OSG), and Adams Resources & Energy (AE) have shown solid momentum lately and are well-positioned to maintain the…

StockNews.com

Putin and Saudi crown prince discuss OPEC+ cooperation to maintain price stability -Kremlin

Russian President Vladimir Putin held a phone call with Saudi Crown Prince Mohammed Bin Salman on Monday to discuss cooperation within the OPEC+ group of oil producing countries in order to maintain oil price stability, the Kremlin said in a statement.

Reuters

Indonesia to offer 10 oil and gas blocks in 2023, including in S. China Sea

JAKARTA: Indonesia plans to offer 10 oil and gas working areas this year, including a block in the South China Sea, amid efforts to boost energy production and make new discoveries, a senior energy ministry official said on Monday.

Bangkok Post

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France Buys New Masterpiece for Orsay Museum with LVMH Gift

France has acquired a stunning Impressionist masterpiece for its national collection of art treasures, with a donation from luxury goods giant LVMH paying the 43 million euros (nearly $47 million) for “A Boating Party” by 19th-century French artist Gustave Caillebotte. The oil on canvas shows an oarsman in a top…

Asharq Al-Awsat

Oil prices fuel doubling of profits from global commodities trading, report finds

Companies such as Vitol and Trafigura in spotlight over profits after Ukraine invasion

The Guardian - UK

Global carbon emissions forecast cut due to Ukraine war and Biden, says BP

Oil and gas group says countries are pursuing energy security by backing domestic, renewable supplies

The Guardian - UK

In East Texas, a town fights to keep an oilfield waste dump from opening near wetlands and water wells

The Texas Railroad Commission has rejected the proposal twice over water contamination concerns, but locals are dismayed that the commissioners keep giving the developer more chances to alter its application.

The Texas Tribune

Runners' fuel: What to eat when training for a race

To do your best in an endurance event, such as the Pittsburgh Marathon on May 7, you have to put in the work with ever-longer training runs to build a mileage base.

Tribune News Service

'The best-kept secret in the State Department.' How sports help U.S. diplomats.

When U.S. Secretary of State Antony J. Blinken visited the Middle East last fall, he didn't go there just to talk about oil and natural gas, terrorism or the war in Ukraine.

Los Angeles Times

Best moisturisers for oily skin that will hydrate without making skin greasy

Hydration heroes that are kind to oily skin

Evening Standard

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The Independent UK

Will Europe's ban on Russian diesel hike global fuel prices?

Europe is cutting more energy ties with Russia

The Independent UK

Three delicious recipes that ‘just happen’ to be vegan

Taking inspiration from around the globe, these plant-based recipes from Annie Rigg are all about maximising flavour, says Katie Wright

Asharq Al-Awsat

QatarEnergy Replaces Russian Company in Lebanon Gas Exploration

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy signed an agreement Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon’s coast. Qatar Energy is replacing a Russian company that withdrew from the Lebanese market…

The Guardian - UK

Dividends from UK-listed firms up 16.5% in 2022, far outstripping pay rises

Rise in share income particularly steep for investors in banks and oil companies

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news in one place.

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The Independent UK

Braverman urges Lords to back ‘proper penalties’ for disruptive protesters

The Public Order Bill is aimed at curbing the guerrilla tactics used by groups like Just Stop Oil, Insulate Britain and Extinction Rebellion.

Manchester Evening News

Sickening £5,000 boiler scam inspired former homeless man turned 'Britain's kindest plumber' to save a town

'That's when I sat back and thought how many other people are getting ripped off?'

The Independent UK

Qatar replaces Russian company in Lebanon gas exploration

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy agreed Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon’s coast

The Times of India

Pakistan govt raises petrol, diesel prices by Rs 35 each

ISLAMABAD: Cash-strapped Pakistan's government on Sunday raised prices of petrol and diesel by Rs 35 each, giving another jolt to the country's inflation-stricken people.

Asharq Al-Awsat

QatarEnergy to Join Lebanon Offshore Oil and Gas Exploration

QatarEnergy will join TotalEnergies and Eni in a three-way consortium to explore oil and gas in two maritime blocks off the coast of Lebanon, the Lebanese energy ministry said on Thursday. Following months of talks, QatarEnergy is set to take a 30 percent stake, leaving France's TotalEnergies and Italy's Eni…

Al Jazeera

Amid economic turmoil, Pakistan hikes up fuel prices

Decision comes amid stalled negotiations with global lender IMF which is yet to release a crucial instalment of $1.1bn.

The Guardian - UK

Shell and BP face tough job of keeping customers and investors happy as profits roll in

The oil giants will also have to contend with intensifying calls to put more money into clean energy

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