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The Latest Breaking News from Oil

Egypt to Link Oil Refining System into Unified Digitally Managed Network

Egypt’s oil refining system is being linked into a unified network through the Egyptian General Petroleum Corporation (EGPC) that will be managed online, Petroleum Minister Tarek el-Molla has announced. Molla explained that the development of the refining system and the petrochemical industry began in 2016 through the overall vision of…

Asharq Al-Awsat

How to surround the home with autumnal fragrances and aromas

Empower the senses with aromatic smells in tune with the season, says Sam Wylie-Harris.

The Independent UK

Five pasta recipes even a nonna would be proud of

What’s the difference between spaghetti alla Nerano and alla chitarra? What’s the correct way to layer a parmigiana? Right your pasta wrongs with our favourite dishes from the Pasta Evangelists’ archive

The Independent UK

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Emissions from Australia’s oil and gas industry rose 20% in first five years of safeguard mechanism

Scale of rise prompts warning Australia will struggle to cut emissions if Labor revamp allows new coal and gas

The Guardian - AU

Ecuador reaches deal with China to restructure debt

Ecuador has reached an agreement to restructure its debt with Chinese banks, the government said in a statement on Monday, providing relief worth some $1.4 billion until 2025.

Reuters

After royal funeral, new UK leader Truss makes debut at UN

British Prime Minister Liz Truss is heading straight from the funeral of Queen Elizabeth II to the United Nations General Assembly

The Independent UK

Greens urge Labor to redirect fossil fuel subsidies to renewables in budget – as it happened

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The Guardian - AU

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UN: Pledge goal reached for averting oil disaster off Yemen

The United Nations says it has finally reached a yearslong pledging goal to raise money to remove 1 million barrels of oil from a stranded and rusting oil supertanker off Yemen

The Independent UK

There's a Better Pick Over Exxon Mobil in the Energy Sector

While higher price realizations and significant market demand should bode well for energy companies, including Exxon Mobil (XOM) and Marathon Petroleum (MPC), we think MPC is better positioned to capitalize on the industry tailwinds given its solid fundamentals and growth attributes. Read on to learn more….

StockNews.com

Australia backs G7 Russian oil price cap

Australia will join the G7 nations and impose a price cap on Russian oil to drive down global oil prices while still putting a dent in Moscow's finances.

AAP

Lebanon Says to Take Novatek’s 20% Share in Oil and Gas Consortium

Lebanon said on Monday it will take over Novatek's 20% share in a consortium licensed to explore two offshore oil and gas blocs after the Russian gas giant decided to quit. The energy ministry said in a statement it had taken the decision to enter the consortium instead of Novatek…

Asharq Al-Awsat

5 nutrition myths Katrina Kaif's fitness instructor wants you to stop believing RIGHT NOW

Eating carbs is bad for human body! Fat consumption shoots up overall body fat percentage! Vegetarian food has low or minimal protein intake! These are some common food myths that we all have come across.

The Times of India

Aldi releases a £3 perfect dupe for Charlotte Tilbury's £28 Lip Oil

The budget supermarket's lip oil is £25 cheaper than the more expensive option from Charlotte Tilbury

Daily Mirror

Australia joins global effort to starve Russia of war profits with oil price cap

The move comes before a European winter that could be decisive for the war in Ukraine, and soaring international energy prices.

The New Daily

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Wales Online

Liz Truss's fracking plans are only 280 million years too late

UK's claimate change progress could be reversed and thrown away for a few years of slightly cheaper gas for a few people, and a lot of profits for even fewer

Asharq Al-Awsat

Egypt Underlines Growth in Activities, Economic Returns of Public Sector Oil Companies

Egypt's Minister of Petroleum and Mineral Resources Tarek el-Molla chaired on Sunday the meetings of the general assemblies of public sector oil companies, via video conference, to discuss and approve the results of FY 2021/22. He affirmed that the public sector oil companies have developed remarkably in recent years, citing…

Benzinga

US Stock Futures Down Ahead Of Fed's Rate Decision This Week, Crude Oil Drops Over 1%

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Monday after recording losses on Friday. All the three major indices recorded losses last week, with the Dow Jones dropping 4.1% and the S&P 500 down 4.8%.

Tribune News Service

Out-of-the-lunchbox ideas help make eating fun for everyone

The right foods and a good strategy can make even the pickiest of eaters look forward to the midday meal.

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Asharq Al-Awsat

Minister of Oil in Libya’s GNU Stresses to Asharq Al-Awsat Fair Distribution of Revenues

Minister of Oil and Gas in the interim Libyan Government of National Unity (GNU), Mohamed Aoun rejected local and foreign calls to distribute the country’s oil revenues on a sectorial basis, noting that such a move would spark disputes. In an interview with Asharq Al-Awsat, he stressed that the country’s…

Asharq Al-Awsat

Oil Dips on Recession Fears; Supply Concerns Limit Declines

Oil prices dipped on Monday as fears of a global recession caused concerns that fuel demand growth will slow, though supply worries ahead of the European Union embargo on Russian oil in December limited declines. Brent crude futures for November settlement fell 46 cents, or 0.5%, to $90.89 a barrel…

The Independent UK

Outrageously good, fast weeknight dinner ideas

Temporarily free from the demands of picky eaters while her children were away, Margaux Laskey cooked everything she loved. Here’s some of those dishes

Al Jazeera

World’s first public database on fossil fuels launched

Developers hope the Global Registry of Fossil Fuels will empower activists and investors to hold governments to account.

The Guardian - US

Burning world’s fossil fuel reserves could emit 3.5tn tons of greenhouse gas

The world will have released more planet-heating emissions than have occurred since the industrial revolution, analysis found

Bangkok Post

Fallout from an 'economic war'

Thailand's customs-cleared export value continued to expand for a 17th consecutive month in July, but the growth rate slowed to 4.3% year-on-year after robust gains of 11.9% in June, 10.5% in May, 9.9% in April and 19.5% in March, which was the highest level since records began in 1991.

Tribune News Service

EU confronts opponent within who’s been boosted by Putin’s oil

The European Union unleashed an unprecedented punishment on one of its own, signaling that patience has worn out with Hungary — and Prime Minister Viktor Orban’s determination to engage with Russian President Vladimir Putin, while eschewing the democratic values of the bloc, makes the move all the more resonant.

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