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The Latest Breaking News from Oil

Just Stop Oil spray paint Knightsbridge Rolex shop in latest protest

Luxury watch shop latest target for vandalism by eco activists

Evening Standard

Just Stop Oil activists spray orange paint on Rolex building in central London

It came as the campaign group continues its month-long series of protests as it calls on the Government to halt all new fossil fuel licences.

The Independent UK

An influential energy group sees reason for climate optimism

For the first time, the International Energy Agency projects that demand for fossil fuels will soon peak. It's nowhere close to the speed the world needs to stop climate change - but it's a big step.

WEKU

From analysis to the latest developments in health,
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Oil and gas firms are still making a killing – and No 10 is letting them

Rishi Sunak’s rushed 25% windfall tax is easy to minimise or avoid – and it could be replaced

The Guardian - UK

Three Halloween recipes for grownups

These spooky serves are perfect for a civilised Halloween bash

The Independent UK

Saudi Ambassador to Yemen: Houthi Assessment of Int’l, Regional Position is Wrong

Saudi Arabia has warned Houthi militia leaders of the consequences of their actions, urging them to prioritize the interests of Yemenis and choose the path towards peace without dictates or conditions. Saudi Ambassador Mohammed Al-Jaber, who also supervises the Saudi Program for the Development and Reconstruction of Yemen, said on…

Asharq Al-Awsat

Putin: Saudi Crown Prince Supports Oil Market Stability

Russian President Vladimir Putin said on Thursday that Saudi Crown Prince Mohammed bin Salman deserved respect, stressing that Russia was determined to strengthen its relations with the Kingdom. Putin said that stability was important for oil markets, adding that the Saudi Crown Prince supported market balance and stability. He also…

Asharq Al-Awsat

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Oil Falls as China Widens COVID-19 Curbs

Oil prices fell on Friday after China, the world's top crude oil importer, widened its COVID-19 curbs, but were poised for a weekly gain on supply concerns ahead of Europe's pending cut-off of Russian imports. Brent crude futures eased 78 cents, or 0.8%, to $96.18 a barrel at 0350 GMT,…

Asharq Al-Awsat

Soup on a Van Gogh, mashed potatoes on a Monet: Why are activists throwing food on priceless art?

Centuries-old paintings have been targeted by environmentalists as a way of drawing attention to their cause, with Johannes Vermeer's Girl with a Pearl Earring joining the soupy ranks.

ABC News

UK should match Norway’s 78% North Sea oil and gas tax, thinktank says

Additional revenue would help plug £40bn fiscal hole and keep energy bills low

The Guardian - UK

Soaring energy prices causing huge anxiety and stress for Scots

Oil giants must be made to foot the bill for the financial misery facing customers, writes the Record View.

Daily Record

UN Says We May Have Sealed Our Climate Fate While World’s 7 Biggest Oil Giants Double Profits

The world is dangerously close to unavoidable, irreversible devastation from climate change according to a harrowing new UN climate report.

Pedestrian.tv

Approval of oil leases in New Mexico prompts legal challenge

The Biden administration's approval of oil leases in a corner of New Mexico that has become a battleground over increased development and the preservation of Native American sites has prompted another legal challenge

The Independent UK

Biden urges oil companies to cut prices after Shell’s profit doubled

President Joe Biden criticized record energy company profits after Shell Plc announced it earned $9.5 billion in the third quarter, raised its dividend and expanded share buybacks.

Tribune News Service

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USA Today Sports Media Group

SDSU vs. Fresno State: Game Preview, How To Watch, Odds, Prediction

SDSU vs. Fresno State: Game Preview, How To Watch, Odds, Prediction This year, the "Battle For The Old Oil Can" takes place in Fresno, in front of a sold out crowd of frenetic Bulldogs fans. Contact/Follow @tedmcgovern & @MWCwire More than a ...

The Guardian - UK

Profits at world’s seven biggest oil firms soar to almost £150bn this year

Bumper earnings prompt calls for overhaul of UK windfall tax after Shell admission it will not pay any this year

Benzinga

Dow Surges 350 Points; Crude Oil Rises

U.S. stocks traded mixed toward the end of trading, with the Dow Jones surging around 350 points on Thursday.

Tribune News Service

House Republicans launch probe of Biden’s oil reserve release

WASHINGTON — House Republicans are launching an investigation into what they say could be the “potential misuse” by the Biden administration of the nation’s emergency oil reserves to lower gasoline prices, as well as White House deliberations over a fuel export ban.

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Daily Mirror

Businessman 'blinded by attraction' fights to claw back £200,000 he gave to Tinder lover

Oil industry consultant Marcel Kooter, 61, said he was 'blinded by attraction' when he agreed to transfer the money to Manuela Radeva, who he had met online

The Guardian - UK

As invasion of Ukraine continues, western nations need to tax war profiteers’ windfalls

Households and businesses hit by higher prices caused by the conflict should be helped by companies that have benefited

Evening Standard

Just Stop Oil: TfL pursues legal action against 180 eco-activists over road protests

Lawyers representing Transport for London said that since the start of October ‘protest activity’ has ‘very largely focused’ on the capital’s roads

The Guardian - UK

The Guardian view on Shell’s profits: enabling climate and inequality emergencies

Editorial: Britain is in trouble if Rishi Sunak says it’s difficult to choose between cutting public services and taxing excessive energy profits

The Guardian - UK

World close to ‘irreversible’ climate breakdown, warn major studies

Key UN reports published in last two days warn urgent and collective action needed – as oil firms report astronomical profits

Chronicle Live

Oil giant Shell posts extra profit while households struggle to pay energy bills

Shell is on course for its most profitable ever year and made more than double the profit it did for the same period last year

Evening Standard

Just Stop Oil protester tries to glue face to Vermeer’s Girl with a Pearl Earring

A Just Stop Oil protester has attempted to glue his face to Vermeer’s priceless painting Girl with a Pearl Earring in a Dutch museum.

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