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The Latest Breaking News from Oil

Keystone pipeline temporarily closed following Kansas oil spill

The energy company in charge of the pipeline has not said what caused the spill or how much oil was released.

Al Jazeera

Bangchak to make jet fuel out of used cooking oil

SET-listed energy conglomerate Bangchak Corporation plans to make biofuel for aircraft, also known as sustainable aviation fuel (SAF), from used cooking oil through a joint venture with a 200-million-baht budget, in a move to cut carbon dioxide emissions.

Bangkok Post

Australian share market rises, global stocks climb on hope of revived China demand — as it happened

The Australian share market follows Wall Street up, while oil prices continue to fall on fears of a global economic slowdown.

ABC News

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3 Stocks That Stand to Benefit from the Ongoing Energy Crisis

Despite the recent retreat in oil and gas prices from their peaks, a surge in demand due to the onset of a chilly winter in the U.S. and Europe and the reopening of China’s economy could boost oil and gas prices significantly. Therefore, we think it could be wise to…

StockNews.com

Putin, secret talks and the 'Merchant of Death': US basketball star Brittney Griner's long road to freedom from a Russian penal colony

The young basketball star became embroiled in a tussle between the United States and Vladimir Putin right at the moment the Russian strongman was isolated and increasingly desperate for leverage.

ABC News

Religious preacher sold £91 bottles of olive oil styled as bogus Covid-19 cures

Bishop Climate Wiseman, 47, who also claims to have performed miracles on the sick, was found guilty of fraud after he sold the bottles as “plague protection oil” during the pandemic and urged his congregation to buy them "as soon as possible"

Daily Mirror

Oil ministry recasts ONGC board

NEW DELHI: The ONGC board is to be restructured from March 1, 2023 to make the state-run exploration behemoth more responsive to “the emerging trends in the energy sector” and align its corporate goals with “the national energy priorities”.

The Times of India

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U.S. puts sanctions on Turkish businessman, citing links to Iran's Quds Force

The Biden administration levied sanctions on Thursday on prominent Turkish businessman Sitki Ayan and his network of firms, accusing him of acting as a facilitator for oil sales and money laundering on behalf of Iran's Revolutionary Guard Corps.

Reuters

10 easy ways to make your home smell good for Christmas including festive home fragrance and themed cleaning products

We offer ten easy ways to seasonally scent your home for Christmas

Homes & Gardens

National cost of Marsden Point closure highlighted by Christmas jet fuel shortage

The loss of the country’s only oil refinery is already hurting the economy with the threat of grounded planes this summer – and that's just the start, argues Simon Terry.

Newsroom.co.nz

Three graphic novels that creatively confront the climate crisis

As the scale and severity of the environmental crisis escalates, our shelves and screens have been bombarded by a whirlwind of climate-themed genres, from climate fiction (cli-fi) to disaster movies.

The Conversation

Bishop who told flock they’d ‘drop dead’ from Covid if they didn’t buy his £91 protection kits guilty of fraud

Bishop Climate Wiseman warned his followers they could ‘end up dropping dead’ during the pandemic and urged them to buy his ‘plague protection oil’

The Independent UK

Bangchak to make jet fuel from used cooking oil

The SET-listed energy conglomerate Bangchak Corporation plans to make biofuel for aircraft, also known as sustainable aviation fuel (SAF), from used cooking oil through a joint venture with a 200-million-baht budget, in a move to cut carbon dioxide emissions.

Bangkok Post

Preacher found guilty of fraud over £91 bogus Covid-19 cure

Bishop Climate Wiseman warned his followers they could ‘end up dropping dead’ during the pandemic and urged them to buy his ‘plague protection oil’.

The Independent UK

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Evening Standard

Quo Vadis chef Jeremy Lee shares five recipes for the ultimate festive feast

Pile your plates high this year with legendary Quo Vadis chef and all round bon vivant Jeremy Lee’s no-holds-barred Christmas dinner

Reuters

Yemen rivals ramp up economic war as U.N.-backed truce efforts limp

Yemen's Saudi-backed government and its Houthi enemies are escalating an economic war as peace efforts stall, with tit-for-tat moves aimed at disrupting state oil revenues and fuel flows, leading to more humanitarian pain.

StockNews.com

4 Oil and Gas Stocks to Buy Before the Winter Freeze

The oil and gas industry benefited from the rising crude oil process earlier this year thanks to the sanctions on Russian oil exports and production cut by OPEC+. While oil prices recently declined to pre-war levels on economic jitters, rising energy demand in winter should benefit Marathon Petroleum (MPC), Valero…

Axios

Oil prices fall to lowest level of the year

Oil prices are a big tell on how investors feel about the global economy's prospects

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news in one place.

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Al Jazeera

Russia and Ukraine enter grim winter campaign as war losses mount

With neither side ready for talks, there are increasing suggestions the war will go on for a long time.

Tribune News Service

Quick Fix: Pan-Fried Cod with Amarillo Sauce captures flavors of Peru

I just tasted a seafood dish with aji amarillo sauce at a local restaurant. It’s a yellow hot pepper sauce that gives a sweet and hot pepper flavor to the dish. I wanted to make the dish at home and was delighted to find the sauce in a jar at…

WEKU

China's Xi Jinping visits Saudi Arabia to assert power and rival U.S. influence

China is looking to deepen ties with Saudi Arabia and meeting other Arab leaders months after President Biden visited the kingdom — and had rocky results.

France 24

Reuters reveals alleged 'secret abortion programme' run by Nigeria's army

In tonight's edition: Reuters journalists find evidence of a systematic, illegal abortion programme run by the Nigerian army. It says thousands of terminations have been carried out, often without women's consent. Also, could Uganda be turning the corner in its battle against Ebola? No new cases have been detected for…

Asharq Al-Awsat

Oil Rebounds on Optimism over China's Revamp of COVID Protocols

Oil prices rebounded on Thursday amid optimism over China's easing of anti-COVID measures, recouping losses after slumping to the lowest levels so far this year in the previous session. Brent crude futures rose $1 or 1.3% at $78.17 per barrel by 0750 GMT, while US West Texas Intermediate (WTI) crude…

The National (Scotland)

Offshore oil workers take strike action in dispute with 'Scrooge' employer

OFFSHORE oil workers began two days of strike action on Thursday in a dispute over pay and conditions.

Asharq Al-Awsat

Saudi Arabia to Establish Regional Center for Chinese Factories in Riyadh

Saudi Energy Minister Prince Abdulaziz bin Salman said on Wednesday that relations between Saudi Arabia and China are witnessing a paradigm shift, which reflects the keenness of both countries’ leaderships to develop them. Prince Abdulaziz said both sides seek to bolster cooperation in the energy supply chains by establishing a…

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