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The Latest Breaking News from Oil

Shell boasts profits of £8.2bn in three months as energy crisis continues

The oil and gas company made huge profits through its gas business, which offset the fall in oil prices

Wales Online

Shell more than doubles third-quarter profit as energy bills soar

OIL giant Shell added almost $10 billion in extra profit as gas prices remained high.

The National (Scotland)

Rishi Sunak and Jeremy Hunt will examine extending windfall tax, says Cabinet minister Nadhim Zahawi

It comes after Shell announced it had added $10 billion in extra profit to its balance sheet

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Shell paid zero windfall tax in UK despite record global profits

Labour calls for ‘proper windfall tax’ on oil and gas while TUC describes profits as ‘obscene’

The Guardian - UK

Three Halloween recipes for grownups

These spooky serves are perfect for a civilised Halloween bash

The Independent UK

Shell says it has not paid any windfall tax; European Central Bank hikes rates by 75 basis points – as it happened

Oil giant expects not to pay levy in 2022 because of North Sea investment relief; ECB doubles key interest rate to highest level in over a decade

The Guardian - UK

Shell profits more than DOUBLE to huge £8billion as Brits struggle against sky-high bills

Shell profits more than doubled to $9.45billion (£8billion) between July and September - up from the $4.2billion the energy giant recorded the same time last year

Daily Mirror

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Comfort food recipes that are actually good for you

River Cottage’s Hugh Fearnley-Whittingstall wants to do away with the perception that the food we love can’t also be good for us. Prudence Wade tests this theory with these recipes from his new cookbook

The Independent UK

First batch of New Saudi Oil Grant to Yemen Arrives in Aden

The first batch of the Saudi oil derivatives grant, worth $200 million, arrived in Aden on Wednesday. The grant comes as an extension of Saudi Arabia’s continuous support to the Yemeni people under the directives of King Salman and Crown Prince Mohammed Bin Salman. Yemenis are hopeful that the grant…

Asharq Al-Awsat

‘Monstrous’ east African oil project will emit vast amounts of carbon, data shows

Experts say crude oil pipeline from Uganda to Tanzania will produce 25 times host nations’ combined annual emissions

The Guardian - UK

Western officials finalizing plans for Russia oil-price cap

U.S. and Western officials are finalizing plans to impose a cap on Russian oil prices amid a warning from the World Bank that any plan will need active participation of emerging market economies to be effective.

Reuters

Out of bounds: how much does greenwashing cost fossil-fuel sponsors of Australian sport?

High-profile Australian athletes and supporters across sports such as cricket, netball and Australian Rules football have recently called for their sports to reconsider their partnerships with fossil fuel or mining companies.

The Conversation

Who is Last Generation? The climate activists who threw potatoes at Monet

Protest comes nine days after Just Stop Oil threw tomato soup over Vincent van Gogh’s Sunflowers painting

Evening Standard

3 Top Energy Stocks to Get Bullish on Fast

The OPEC+ oil output cuts amid rising global demand might increase oil prices. And given significant investors’ attention in the energy sector this year, we believe investing in Marathon Petroleum (MPC), Valero Energy (VLO), and APA Corporation (APA) could garner steady returns. Read on.

StockNews.com

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AAP

Resource firms 'using sports to greenwash'

Coal, gas and oil companies are greenwashing their images with sports sponsorships worth up to $18 million a year, a new report says.

Benzinga

Dow Jumps Over 300 Points; Crude Oil Rises Sharply

U.S. stocks traded mostly higher midway through trading, with the Dow Jones gaining more than 300 points on Wednesday.

The Independent UK

Saudi oil giant Aramco unveils $1.5B sustainability fund

Saudi energy company Aramco has unveiled a $1.5 billion fund for sustainable investments, part of efforts to burnish the state-owned company’s green credentials

The National (Scotland)

Sunak urged to end new North Sea drilling after fracking U-turn

RISHI Sunak has been urged to ban new oil and gas developments in the North Sea after he reversed Tory plans to give a green light to fracking.

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news in one place.

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The National (Scotland)

Scottish Just Stop Oil activists target luxury London car showrooms with orange paint

Carmen Lean, 28, and Emma Brown, 31, both from Glasgow, said that their protest was a demand to the UK Government to stop pushing through oil…

The Independent UK

What is hashish oil and how did it land Brittney Griner in a Russian jail?

Griner pleaded guilty to drug charges on 7 July

Daily Record

How to banish mice as experts explain 'biggest reason' rodents invade homes

It's best to deter mice from your home as they can be difficult to get rid of once they get in.

WEKU

Protests at art museums are nothing new. Here are 3 famous examples from history

Climate groups like Just Stop Oil are making headlines for targeting famous works of art in their fossil fuel protests. It's a tactic that other individuals and groups have used over the last century.

Evening Standard

Just Stop Oil: Passers-by cheered as they rip banners from protesters

It came as Just Stop Oil protesters sprayed orange paint onto Ferrari and Bentley car showrooms in Mayfair and set up a roadblock in Piccadilly

The Independent UK

Climate activists defend law-breaking tactics as Just Stop Oil protests continue

Two climate activists discussed the tactics Just Stop Oil use and whether they are effective on BBC Radio 4’s Today Programme.

The Independent UK

Firefighters urge people to swap candles for battery-powered lights

People are being encouraged to make sure they put out any candles, incense and oil burners when they leave the room and especially before bed.

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