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The Latest Breaking News from Oil

U.S. imposes new sanctions on Iran oil exports, targets Chinese firms

The United States on Thursday imposed sanctions on companies it accused of involvement in Iran's petrochemical and petroleum trade, including five based in China, pressuring Tehran as it seeks to revive the 2015 Iran nuclear deal.

Reuters

DeSantis waged war on green energy

Under the guise of attacking "woke capital," DeSantis has undermined Democrats' efforts to battle climate change

Salon

Drone activity observed near Total offshore installation in North Sea

TotalEnergies said on Thursday it had observed "unauthorized drone activity" near one of its offshore oil and gas installations in the North Sea.

Reuters

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'I'm bombarded by scammers claiming they love me - I have the perfect reply'

Getting fraudulent messages on social media can be scary as they might be trying to trick you into giving them money, but one woman has made it her life's work to bite back at scammers

Daily Mirror

Boiler expert issues warning over electric heater that may raise energy bills this winter

While a space heater may cut down on energy use, one expert has explained why they may cost you more in the long run.

Daily Record

Foreign investment into Nigeria has fallen sharply: rights and freedoms may be one reason

Nigeria has always managed to attract foreign direct investment despite its poor economic outlook. This is thanks to its oil reserves and the consumption potential of its large population.

The Conversation

Green hydrogen sounds like a win for developing countries. But cost and transport are problems

Hydrogen is used mainly to make chemicals such as fertiliser, and in oil refineries. Most hydrogen in the world today is made from natural gas or coal – methods associated with large carbon dioxide emissions. Developed countries are therefore looking to “green hydrogen” instead – produced using renewable electricity such…

The Conversation

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In one tiny German town, nobody worries about energy bills

While Europeans watch their energy bills soar as the war in Ukraine drives up the price of natural gas, oil and electricity, the tiny German town of Feldheim has been energy self-sufficient for a decade

The Independent UK

Peak oil has finally arrived. No, Really

I’ve rarely felt more trepidation about writing a column than this one. But here goes: After more than a century of almost continual growth, the world’s appetite for oil is peaking, and will soon enter terminal decline.

Tribune News Service

Why is Russia sending oil and gas workers to fight in Ukraine? It may signal more energy cutoffs ahead

Russia’s effort to conscript 300,000 reservists to counter Ukraine’s military advances in Kharkiv has drawn a lot of attention from military and political analysts. But there’s also a potential energy angle.

The Conversation

UK energy firms to assess oil rig security after Nord Stream pipeline leak

MI5, Royal Navy and RAF could be called upon to provide support for industry if situation escalates

The Guardian - UK

If You Invested $1,000 In Exxon Mobil Stock At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the last two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

Benzinga

Rockhopper set to develop oil field off Falkland Islands following completion of deal

The Salisbury-based company said the Sea Lion development would be able to produce more than 12,000 barrels of oil per day

Birmingham Post

Quick Fix: Try this easy method to make flavor-packed teriyaki salmon dish

I tasted a delicious salmon infused with a flavorful teriyaki sauce at the Vale Food Company in Miami, a healthy, fast casual restaurant. I asked Sunny Ilyas, CEO of Vale Food Co, how it was made. His answer was a form of reverse searing. First the salmon is baked in…

Tribune News Service

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Insider UK

Capricorn Energy proposes merger with NewMed Energy

Edinburgh-based energy company's board unanimously overrides previous plan to merge with Tullow Oil

Belfast Live

Cost of Living Coalition Belfast calls for regulation of home heating oil

The group says the energy crisis is having a "massive impact" and has written a charter to help working families

Irish Mirror

"Jacob Hooy 2.75% CBD Oil is being recalled due to the presence of unsafe levels of delta‐9‐tetrahydrocannabinol (∆9THC)"

The Hindu

India’s catch-22 dilemma on relations with Iran

Iran is vital for India’s energy security and connectivity plans — but New Delhi is in a bind on how to balance its cooperation with Tehran with its other bilateral ties

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The Guardian - UK

Shock therapy: turmoil engulfs Britishvolt’s £3.8bn battery factory

Future of company hailed by Boris Johnson as key to green industrial revolution hangs in the balance, as the first in our Electric Dreams series on Britain’s fledgling battery industry reveals

The Guardian - UK

Thursday briefing: Tehran faces a season of dissent - and the Bank of England acts in the UK

In today’s newsletter: Extraordinary protests have lit up Iran after a Kurdish woman died in police custody. Chowra Makaremi walks us through what it all means – and if this could be how the country’s theocracy ends

The Independent UK

Dinner doesn’t get much quicker than 20-minute gnocchi with chilli oil

Food writers are often guilty of overestimating how quick a recipe will take to make, says Ann Maloney. This 20-minute dinner, though, is no exaggeration

Asharq Al-Awsat

Oil Price Dips as Dollar Strengthens, Demand Weakens

Oil prices retreated slightly on Thursday after gaining more than $3 in the prior session, with a strong dollar capping oil demand from buyers using other currencies and concerns over the faltering economic outlook clouding market sentiment. Brent crude futures fell 41 cents, or 0.5%, to $88.91 per barrel by…

Tribune News Service

Sam McDowell: How this late-game error, which we glossed over, was costly in KC Chiefs loss to Colts

In the southwest end zone at Lucas Oil Stadium, a football stuck in the hands of rookie tight end Jelani Woods, a touchdown that supplied the Indianapolis Colts a three-point lead.

The Independent UK

Indigenous groups, activists resist Congo's oil block plan

The auctioning of oil and gas blocks in Congo has stirred resistance and concern among local Indigenous communities worried about damage to their homes and large swaths of forest, according to a report released Thursday by several environmental groups

Bangkok Post

Oil prices set to stay high despite global outlook

Rising diesel consumption in Europe during the winter is expected to drive up global oil prices, despite the prospect of a worldwide economic slowdown, says the Oil Fuel Fund Office (Offo).

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