The Latest Breaking News from Oil

Alarm at rightwing push to reverse clean-energy success in Texas and beyond

Supporters of clean energy say they expect further battles ahead to prevent state’s progress in solar and wind from being unwound

The Guardian - US · Jun 8, 2023

3 Foreign Oil Stocks to Buy for Value

Despite macroeconomic headwinds, strong global oil demand and constrained supply as Saudi signaled more output cuts could likely boost oil prices this year. Amid this, fundamentally strong foreign oil stocks BP (BP), Repsol (REPYY), and Ultrapar (UGP), currently trading at a discount, could be ideal investments. Keep reading….

StockNews.com · Jun 8, 2023

What is e-fuel? Synthetic petrol could displace electric vehicles

You can make car fuel without crude oil, but do e-fuels show a visible future for the internal combustion engine?

Evening Standard · Jun 8, 2023

Biden and Sunak hold press conference as new transatlantic deal unveiled – as it happened

US president and UK prime minister announce plan to bolster economic security in response to China’s growing influence

The Guardian - UK · Jun 8, 2023

Malaysia, Indonesia end 18-year sea border disputes, vow to cooperate in defending palm oil industry

Malaysia and Indonesia have signed agreements to end longstanding sea border disputes and vowed to bolster cooperation to fight “highly detrimental discriminatory” measures against palm oil

The Independent UK · Jun 8, 2023

Probe into official's attempt to release smuggled oil truck

The Excise Department is investigating an allegation that one of its high-level officials tried to persuade police to let go of a truck carrying 15,000 litres of smuggled oil.

Bangkok Post · Jun 8, 2023

HPD to probe oil tanker bribe

The Highway Police Division (HPD) will set up a committee to look into a recent attempt by a senior official at the Excise Department to lobby the HPD to avoid taking legal action against a tanker carrying illegal oil.

Bangkok Post · Jun 7, 2023

Labour donor Dale Vince: ‘I do want to influence policy but not by buying access’

Ecotricity founder and Just Stop Oil supporter hits back at Tory attacks as Rishi Sunak claims ‘eco-zealots’ steering Keir Starmer

The Guardian - UK · Jun 7, 2023

‘Eco-zealots’ are writing Labour’s energy policy, says Sunak

Rishi Sunak suggested Labour’s plans to end North Sea oil and gas exploration amounted to an ‘energy surrender’ which would benefit Vladimir Putin.

The Independent UK · Jun 7, 2023

Authorities to drive ahead with oil plan

Energy authorities are continuing their push for the National Oil Plan, aiming to generate 170 billion baht for the Thai economy through a range of projects, including further development of cleaner energy, says the Department of Energy Business.

Bangkok Post · Jun 7, 2023