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The Latest Breaking News from Oil

Yemen rebels, Saudis in back-channel talks to maintain truce

Yemen is seeing its longest-ever pause in fighting, more than nine months

The Independent UK

Banks still investing heavily in fossil fuels despite net zero pledges – study

Financial institutions signed up to GFANZ initiative accused of acting as ‘climate arsonists’

The Guardian - UK

Nicola Sturgeon urged to explain why she has not joined Beyond Oil alliance after COP26 vow

EXCLUSIVE: First Minister faces questions after saying it was 'highly likely' Scotland would sign up to an international green push on fossil fuels.

Daily Record

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Tanker explodes, 1 dead, 4 hurt, others missing

SAMUT SONGKHRAM: One dock worker was confirmed killed and four others injured by an explosion and fire aboard an oil tanker moored for maintenance at a dockyard on the Mae Klong river in Muang district on Tuesday morning.

Bangkok Post

115 oil and gas licensing applications made in latest North Sea round

Energy security at the fore as bids tied into Net Zero ambition

Birmingham Post

High energy bills here to stay due to windfall tax and green switch, oil boss claims

Meanwhile, campaigners have called for the entire National Grid to be brought into public ownership to help axe fossil fuels.

Daily Record

Big Money, New Laws, Old Divisions

New Mexico’s legislative session, funded by oil and gas, promises fireworks.

Capital & Main

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Climate activists vow to take to streets to stop fossil fuel extraction

‘Cease and desist’ letter signed by over 650,000 people sent to oil and gas CEOs follows removal of Greta Thunberg from coal protest

The Guardian - UK

New measures to silence climate activists? They’ll only spur us on

Government plans won’t stop us: this is about humanity’s future, says Just Stop Oil supporter Indigo Rumbelow

The Guardian - UK

North Sea oil and gas licensing round receives renewed interest

The 33rd round features four areas which have known hydrocarbons - in which there was very keen interest

Insider UK

Sensex, Nifty decline as metal, financials shares retreat amid FII outflows

MUMBAI: Benchmark equity indices sensex and Nifty gave up early gains to close lower on Monday due to selling in metal, oil and gas and financial stocks as FII outflows dampened the investor sentiment.

The Times of India

Rishi Sunak accused of trying to pass 'pointless' new laws to curb disruptive protests

Labour leader Keir Starmer said police already have the powers to tackle groups like Just Stop Oil and Extinction Rebellion, and called on No10 to talk to chief constables to clarify what they can do

Daily Mirror

Higher energy bills are here to stay, says oil boss

Prices will be less volatile but are unlikely to return to levels seen before energy crisis caused by Ukraine war, says Equinor chief executive

Evening Standard

Higher energy bills are here to stay, oil company boss warns

Annual bill for British homes is currently around £2,500 on average

The Independent UK

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Tribune News Service

Subtle swaps in familiar dishes can be an easy way to start your meatless journey

Unsure where to start? These 8 tips can help pave the way to meatless eating.

Asharq Al-Awsat

UAE Launches 11 Green Energy Projects Worth $43 Bn

The UAE Minister of Energy, Suhail al-Mazrouei, said on Monday that several factors will drive oil prices in 2023, mainly the end of China's zero-COVID policy, the US decision to refill the Strategic Oil Reserve, the sanctions imposed on Russian seaborne oil products, and ongoing global inflation. Mazrouei also said…

The Independent UK

Four easy recipes to keep you on the Veganuary bandwagon

From curry and pancakes to pizza and pudding, these plant-based recipes will be a hit in Veganuary and beyond

Reuters

China petrochemical plant shut after deadly explosion - sources

China's Panjin Haoye Chemical Co Ltd has shut down its entire oil refinery and petrochemical complex after an explosion on Sunday killed two people and left 12 missing, according to trade sources and a local consultancy.

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news in one place.

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The Guardian - UK

Higher UK energy bills here to stay, warns oil company boss

Equinor chief says bills won’t return to levels seen before Ukraine invasion given windfall taxes and move to greener energy

The Guardian - UK

Does olive oil work as lip balm?

I get nice juicy lips with my usual balm but I’m told the stuff you drizzle on salads works just as well

France 24

EU says deadly Russian strike on Dnipro apartment building constitutes 'war crime'

Tanks that Britain has pledged to send to Ukraine "will burn" in battle, the Kremlin warned on Monday as Russia and Belarus began air drills, stoking fears in Kyiv and the West that Moscow could use its ally to launch a new offensive. On the ground, Ukrainian officials said the…

The Independent UK

John Kerry tells AP he backs UAE oil chief overseeing COP28

U.S. climate envoy John Kerry backs the United Arab Emirates’ decision to appoint the CEO of a state-run oil company to preside over the upcoming U.N. climate negotiations in Dubai, citing his work on renewable energy projects

The Conversation

Why food is such a powerful symbol in political protest

Food is a hot issue in today’s activism. Last year, UK climate group Just Stop Oil hurled tomato soup at Vincent Van Gogh’s Sunflowers at the National Gallery in London. Later they smeared cake on a Madame Tussauds waxwork of King Charles. Protesters affiliated with the German group Letzte Generation…

The Conversation

What's next for the anti-Nato left after Ukraine?

When Russian troops invaded Ukraine in February 2022, much of the political left across the western world were faced with a dilemma. Unlike in 2003 – when US oil interests seemed to explain the invasion of Iraq all too neatly – this time it was much more difficult to put…

Financial Times

What the end of the US shale revolution would mean for the world

Fracking catapulted America to the top of the energy hierarchy, but low yields and a lack of reinvestment threaten that position

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