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The Latest Breaking News from Oil

India makes strong pitch to major U.S. firms for investing in oil and gas production

India, also being the 2nd largest refiner in Asia with 23 refineries, will increase its refining capacity.

The Hindu

US Asserts 'Managing' Oil Revenues to 'Support Libyan People'

US officials focused on the "management of Libya's oil revenues" in their meetings with interim Libyan unity government officials, headed by Abdel Hamid Dbeibeh and the governor of the Central Bank of Libya (CBL). A statement by the US embassy said that a delegation that included US Deputy Assistant Secretary…

Asharq Al-Awsat

Venezuela Frees 7 Americans in Swap for Maduro Wife's Relatives

In a rare softening of hostile relations, Caracas on Saturday freed seven detained Americans -- including five oil executives -- in exchange for the release of two nephews of Venezuela's first lady who were jailed in the United States for drug trafficking. President Joe Biden issued the announcement that the…

Asharq Al-Awsat

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Allies aim for risky Russian oil price cap as winter nears

U.S. officials celebrated at the start of September when top allies agreed to back an audacious, never-before-tried plan to clamp down on Vladimir Putin’s access to cash

The Independent UK

Ruptured oil pipeline off California approved for repairs

A federal agency has given a Texas oil company approval to repair a pipeline that ruptured a year ago and spilled tens of thousands of gallons of crude off the Southern California coast

The Independent UK

Pizza Pasta combines 2 cheesy favorites

This delicious dish was born out of pandemic ingredient scarcity, but it is here to stay

Salon

US wins release of Venezuela-held Americans in swap with Maduro

President Joe Biden’s administration said Venezuela freed seven detained Americans, including several U.S. oil executives, in a prisoner swap involving two members of Venezuelan leader Nicolas Maduro’s family.

Tribune News Service

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Socca is the crêpe of the South

Socca, a chickpea crêpe cooked in a pizza oven, is a simple specialty with a big presence along the Mediterranean

Salon

Venezuela releases 7 jailed Americans; US frees 2 prisoners

Venezuela’s government has freed seven Americans imprisoned in the South American country in exchange for the release of two nephews of President Nicholas Maduro’s wife who had been jailed for years by the United States on drug smuggling convictions

The Independent UK

Just Stop Oil activists blockade four London bridges

Climate and cost of living campaigners converged in London protests

The Guardian - UK

Extinction Rebellion protesters bring central London to a halt as activists block Westminster Bridge

Hundreds of protesters from groups Extinction Rebellion and Just Stop Oil have marched on Westminster and brought traffic to a standstill on a day of protests across the UK

Daily Mirror

Petronas to fight asset claims by Southeast Asian sultan's heirs

Malaysian state oil firm Petronas said on Saturday said it would contest any claims on its assets by the heirs of a former Southeast Asian sultan, who are seeking $15 billion in compensation.

Reuters

Rs 2/ltr additional excise duty on petrol, diesel put off by one month

New Delhi The government has put off by one month the levy of an additional Rs 2 per litre excise duty on petrol and diesel that is not doped with ethanol and bio-diesel in a bid to give the industry more time to implement the measure.

Dynamite News

OPEC+ to Hold Oct. 5 Meeting in Person in Vienna

OPEC+ will hold its meeting on Oct. 5 in person in Vienna, an OPEC source told Reuters on Saturday. A virtual option will also be available for some delegations due to the short notice if they are unable to. OPEC+, which combines OPEC countries with allies such as Russia, is…

Asharq Al-Awsat

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Wales Online

Five super cheap recipes for batch cooking that will feed you and your family for a week

Some of these meals can be cooked in one pot and don't take up too much of your time either

Nottingham Post

Expert's pick on the best air fryers on the market to buy

They're billed as cheaper than the conventional oven

The Independent UK

Montana site fouled by copper smelter to get final cleanup

A subsidiary of London-based oil giant BP agreed to finish its cleanup of a 300-square mile site in Montana that’s contaminated with arsenic and other pollutants from decades of copper smelting

Los Angeles Times

As gas prices soar, Gov. Newsom demands tax on 'rip off' oil companies and urges switch to winter-blend fuel

As gas prices in California soar, Gov. Gavin Newsom on Friday called on lawmakers to introduce a windfall tax on "rip off" oil companies and urged state air regulators to allow refineries to produce cheaper winter-blend gasoline to help boost supplies and cut prices.

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The Independent UK

Newsom relaxes refinery rules as California gas prices soar

California Gov. Gavin Newsom has called on state regulators to relax rules on oil refineries in an effort to lower soaring fuel prices

Evening Standard

The Government’s energy price cap comes into force on Saturday

The Government’s energy price cap to shield households and businesses from the worst of the soaring oil and gas prices comes into effect on Saturday.

Liverpool Echo

Asmir Begovic shares X-rated reaction to Just Stop Oil protestor at Everton game

Asmir Begovic was in goal for Everton against Newcastle United when Louis McKechnie entered the field of play

Benzinga

Dow Tumbles Over 300 Points; Crude Oil Down 2%

U.S. stocks traded lower toward the end of trading, with the Dow Jones dipping more than 300 points on Friday.

Chronicle Live

Protester who tied himself to goalpost at Everton v Newcastle match given six-week prison sentence

Louis McKechnie was found guilty of aggravated trespass after going onto the pitch

Benzinga

GOP Lawmaker Questions MMJ Legalization, Calls It 'Stepping Stone' To Recreational Use

Tennessee, one of several states where only CBD oil is legal, has seen its fair share of legislative action on cannabis by GOP legislators yet medical and recreational marijuana has not come close to legalization or decriminalization. Still, cannabis continues to be a hot topic among politicians in this southern state.

Wales Online

Just Stop Oil protester sentenced for tying himself to goalpost during Premier League game

Louis McKechnie tied himself to a post at Goodison Park

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