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The Latest Breaking News from Oil

Debris Analysis Shows Iran-Made Drone Attacked Tanker, Says US Navy

The US military on Tuesday said debris analysis has concluded that the same type of Iranian drone that Tehran has supplied to Russia for its invasion of Ukraine was used to attack a commercial tanker off the coast of Oman a week ago. The US Navy's Bahrain-based 5th Fleet published…

Asharq Al-Awsat

Nigeria drills for oil in new field as theft erodes earnings

Nigeria has begun drilling oil and natural gas in the country’s northern region, anticipating a boost to the nation’s finances even as the new energy supplies face the threat from theft and extremist activity

The Independent UK

BP declines to reveal how much ‘loophole’ saved it in windfall tax

MPs hear concerns that investment in North Sea oil and gas reduces the tax, effectively rewarding fossil fuels over renewables

The Guardian - UK

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Just Stop Oil protesters guilty of criminal damage to Van Gogh frame

Activists caused permanent harm to frame holding Peach Trees in Blossom at a London art gallery, judge finds

The Guardian - UK

Climate activists guilty of criminal damage over Van Gogh painting glue protest

Just Stop Oil supporters Emily Brocklebank, 24, and Louis McKechnie, 22, guilty of causing just under £2,000 of criminal damage

The Independent UK

Just Stop Oil protesters caused nearly £2,000 of damage to Vincent Van Gogh painting

Emily Brocklebank, 23, and Louis McKechnie, 22, caused just under £2,000 of criminal damage to the 1889 work Peach Trees In Blossom at the Courtauld Gallery in London on June 30

Manchester Evening News

Energy dearth sets back renewable energy

The invasion of Ukraine caused an energy deficit — now European countries scramble to find fossil fuel options

Salon

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Climate activist tells court Van Gogh may have agreed with painting protest

Just Stop Oil supporters Emily Brocklebank, 24, and Louis McKechnie, 22, have been found guilty of causing just under £2,000 of criminal damage.

The Independent UK

Bulking season: A chicken and broccoli recipe that isn’t boring

An even bigger win? It all happens in a single frying pan

The Independent UK

Gas prices falling ahead of Thanksgiving holiday. Here’s how much lower they could get

Easing the financial strain of higher turkey costs, gas prices are falling across the country as the Thanksgiving Day holiday approaches.

Tribune News Service

US Navy probe: Iranian drone struck Israeli-linked tanker

The U.S. Navy says its investigators have concluded that an Iranian drone was used to bomb an oil tanker linked to an Israeli billionaire last week

The Independent UK

2 Energy Stocks That Are Crushing the Market Right Now

Rumors of OPEC increasing output were negated by Saudi Arabia amid the embargo on Russian oil. This could translate to a tight supply this winter. Hence, quality energy stocks Marathon Petroleum (MPC) and Valero Energy (VLO), which have crushed the market this year, could be solid buys now. Read on….

StockNews.com

Cool beans: Two comforting and climate friendly legume recipes

These winter warmers are perfect for the cooler months ahead

The Independent UK

7 luxury beauty gifts to spoil your loved ones with this Christmas

For premium products at a fraction of the price head to beautypie.co.uk

The Independent UK

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Reuters

Analysis-At World Cup, Saudi crown prince moves back on to global stage

When Saudi Arabian Crown Prince Mohammed bin Salman took his seat next to the FIFA president at the World Cup opener in Qatar, it capped a remarkable turnabout in his fortunes - even before the Saudi team put a new feather in his cap by beating Argentina on Tuesday.

The Independent UK

Van Gogh painting ‘may have increased in value after climate protest’, lawyer claims

Just Stop Oil supporters Emily Brocklebank, 23, and Louis McKechnie, 22, are accused of damaging a valuable picture frame

The Independent UK

Lawyer tells trial Van Gogh painting ‘may have increased in value after protest’

Just Stop Oil supporters Emily Brocklebank, 23, and Louis McKechnie, 22, are accused of damaging a valuable picture frame.

The Independent UK

Bulgaria to let Russian oil refinery export despite EU ban

Bulgaria will allow a Black Sea refinery owned by a Russian oil company to keep operating and exporting oil products to the European Union until the end of 2024 despite warnings by Brussels that it is against the bloc’s sanctions

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Daily Mirror

Qatar's cultural transformation since 1996 when England last won the World Cup

It has been quite the ride to get here but the World Cup has arrived in Qatar but we all know this one is much bigger than the football

The National (Scotland)

£20 billion cost of closing North Sea oil and gas fields revealed

MORE than 2000 oil and gas wells are expected to be decommissioned in the North Sea over the next decade at a cost of about £20 billion,…

Salon

COP27 ends with no emissions agreement

Now we understand: Oil-exporting nations will never agree to move on — so the world will do it without them

The Independent UK

World Cup host Qatar leaves pearl diving past far behind

Before the oil and gas age, the main commodity for World Cup host nation Qatar was pearls

The Guardian - UK

Fears over oil producers’ influence with UAE as next host of Cop climate talks

More than 630 fossil fuel lobbyists attended Cop27, and the Emirates, where Cop28 will be held, is a major oil and gas exporter

Insider UK

Oil industry 'will spend £20 billion' on decommissioning over next decade

Offshore Energies UK's latest report suggests more than 2,000 oil and gas wells will be taken out of service

The Independent UK

Oil industry will spend £20bn on decommissioning over next decade, say chiefs

The cost has increased from last year due to a number of projects being brought forward.

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