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The Latest Breaking News from Oil

Top Manchin aide now Big Oil lobbyist

"'Shocking!' said absolutely no one," responded one climate advocate

Salon

Germany in Talks with Iraq over Possible Gas Imports

Germany is in talks with Iraq over the possibility of importing natural gas from the oil-rich country, Chancellor Olaf Scholz said on Friday, as Berlin scrambles to diversify its energy sources to replace a drop in Russian fossil fuel shipments. "We also talked about possible gas deliveries to Germany and…

Asharq Al-Awsat

EPA moves away from Permian Basin air pollution crackdown

The oil industry pushed hard against the proposal to issue an ozone nonattainment designation, which would have required that companies reduce oilfield emissions.

The Texas Tribune

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Russia may hike taxes as military spending, oil price weigh on budget

Russia is becoming too dependent on oil revenues to support its budget as it ramps up military spending, economists said, warning that the government may have to raise taxes if prices of crude fail to meet expectations this year.

Reuters

$58 billion investment in E&P; Chevron, Exxon, Total keen on India: Hardeep Puri

NEW DELHI: India will likely see an investment of $58 billion in finding and producing oil and gas resources by 2023, oil minister Hardeep Singh Puri said on Friday, adding global energy majors Chevron Corp, ExxonMobil and TotalEnergies are keen to invest.

The Times of India

Best oil filled radiators to heat any space in your home effectively

Cost efficient, effective and targeted heat is just the ticket for temperature taming

Evening Standard

Preacher touted £91 'plague protection oil' as a Covid 'cure'

Bishop Climate Wiseman sold bogus cures for Covid made up of hyssop, olive oil and cedarwood

Wales Online

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EPA Backs Down from Permian Air Pollution Crackdown

Oil sector advocates pushed hard against an ozone nonattainment designation, which would have required oilfield emissions reductions.

Texas Observer

Texas oil patch gears up for more growth and spending with the Permian leading the way

What a difference a few years make in the Texas oil patch.

Tribune News Service

Bishop who sold ‘Covid protection oil’ claims he cannot afford fine despite £300,000 in accounts

Bishop Climate Wiseman claimed he was inspired by a visitation from God telling him he is a prophet who can cure coronavirus

The Independent UK

Cambo oil field should go ahead if it meets climate checks, says SNP's Stephen Flynn

Nicola Sturgeon said that the oil field should not be given the "green light" in 2021

The National (Scotland)

'Psychopath' builder jailed for 49 years after killing escorts and incinerating bodies

Perverted double murderer Mark Brown killed Leah Ware and Alexandra Morgan in 2021 and torched their bodies in an oil drum at a farm near Hastings, Sussex, as the family speak of their trauma

Daily Mirror

This is what happens when you stop washing your hair

As TikTok creators forgo shampoo and embrace their natural oil, hairdressers reveal whether it’s actually helpful

The Independent UK

This is what happens if you don’t wash your hair for 17 days

As TikTok creators forgo shampoo and embrace their natural oil, hairdressers reveal whether it’s actually helpful

The Independent UK

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The Guardian - UK

UAE’s Cop28 president will keep role as head of national oil company

Campaigners warn ‘breathtaking conflict of interest’ could jeopardise climate negotiating process

Radio France Internationale

Environmentalists cry foul as UAE names oil chief to head COP28 talks

The United Arab Emirates has said that the CEO of state oil giant Abu Dhabi National Oil Company will lead this year's COP28 climate summit, fuelling activists' worries that big industry is hijacking the global response to the environmental crisis.

The Independent UK

Gas boilers should be banned within a decade, says major review of Sunak climate plans

‘Inconsistent policy commitment’ means UK is already missing some net zero opportunities, finds leading green Tory MP

The Guardian - US

Van Gogh painting on display at Detroit Institute of Art is stolen, lawsuit claims

Brazilian art collector says he paid $3.7m for the 1888 oil called The Novel Reader, when a third party took possession of it

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Asharq Al-Awsat

UAE Names Al-Jaber to Head COP28 Climate Talks

The head of the United Arab Emirates' national oil company was named Thursday as president of this year's COP28 climate talks. Sultan Al-Jaber, chief executive of the UAE's Abu Dhabi National Oil Company (ADNOC), will be the first CEO to take the role at the UN summit, the official WAM…

Daily Record

COP28 fury as one of world’s biggest oil barons appointed president of climate talks

EXCLUSIVE: Campaigners hit out at 'cruel joke' after Sultan Ahmed Al Jaber, CEO of the Abu Dhabi National Oil Company, picked to lead crucial UN climate summit.

The Independent UK

Alaska governor pitches plan to capitalize on carbon markets

Alaska Gov. Mike Dunleavy is proposing the state capitalize on carbon markets to help shore up revenues long reliant from the proceeds from oil and gas

Reuters

Venezuelan economy grew above 15% in 2022, president says

Venezuela's economy expanded around 15% last year, President Nicolas Maduro said on Thursday during his annual state of the nation address, crediting the expansion to diversification of the largely oil-focused economy.

The Independent UK

AP photographer Jack Smith, who shot Mount St. Helens, dies

Jack Smith, an Associated Press photographer who captured unforgettable shots of the eruption of Mount St. Helens, the Exxon-Valdez oil spill and the Olympics during his 35-year career with the news organization, has died

ABC News

Shop owner Ben Hull nervous about increasing prices, bumping menu items, but what's the alternative?

With the cost of oil, chips and cheese almost doubling, Ben Hull had to make changes to his burger shop menu. It makes him anxious and embarrassed, but a peak industry group says without price increases, small businesses would struggle to survive.

Bangkok Post

BCP has high hopes for buyout of Esso

Energy conglomerate Bangchak Corporation Plc (BCP) expects its buyout of Esso (Thailand) Plc for 55.5 billion baht to pave the way for higher revenue, gaining a larger market share in the oil retail business and lower costs, though the new asset acquisition will increase its debt.

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