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The Latest Breaking News from Oil

Domestic energy spend to top £100bn after October price rise, report estimates

The economic report by the Offshore Energy UK has set out measures the UK Government can take to ease the pressure.

The Independent UK

‘Climate alarmism’ and ‘doomsayers’: New energy chief Rees-Mogg’s history of dismissing global warming threat

‘Climate dinosaur’ will oversee UK’s net zero strategy in Liz Truss’s government

The Independent UK

3 Energy Stocks That Make Great Buys Even When the Market Swings

The energy sector is facing volatility due to oil price swings amid geopolitical issues. However, oil prices might rise due to potential OPEC output cuts. Hence, investing in energy stocks TotalEnergies (TTE), Valero Energy (VLO), and APA Corporation (APA) might be wise. Read more….

StockNews.com

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Ecuador indigenous demand rulings against extractive industries be enforced

Two indigenous communities from Ecuador's Amazon region on Tuesday demanded the Constitutional Court enforce rulings from 2018 and 2019 to protect thousands of hectares (thousands of acres) of tropical jungle from oil and mining projects.

Reuters

Indane LPG cylinder booking system under recovery after crash

‘Indian Oil along with IBM and Oracle are working to restore system at the earliest’

The Hindu

Türkiye’s Erdogan Says ‘Europe Reaping What it Sowed’ on Energy Crisis

Turkish President Tayyip Erdogan said on Tuesday that Russia is cutting natural gas flows to Europe in retaliation for sanctions, adding that Europe is "reaping what it sowed". Fears in Europe have increased over a potentially bleak winter after Russia announced it was keeping its main gas pipeline to Germany…

Asharq Al-Awsat

Could Liz Truss allow new drilling for oil and gas and still strengthen the UK's net zero target?

The UK’s new prime minister, Liz Truss, has pledged to suspend green levies on energy bills and look for “better ways to deliver our net zero targets”. Despite a record-breaking heatwave plus wildfires, droughts and floods worldwide, neither contender for the Conservative Party leadership felt the urge, as David Cameron…

The Conversation

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How to get rid of gnats – 9 simple but effective entomologist-approved methods

Reduce moisture, use traps and seal up entry points, pest pros urge

Homes & Gardens

Saudi Arabia cuts oil prices for Asia, Europe

Saudi Arabia cut oil prices for customers in Asia and Europe as Covid-19 lockdowns and sagging economies cool energy demand in the two regions.

Bangkok Post

Madonna has enough muscles to be in the 'marines' and is 'stressful', says William Orbit

Holed up in Burbank, LA for several months with Madonna in 1997, the pair recorded her critically acclaimed album Ray of Light, and got to know one another pretty intimately - he even once walked in on her using the toilet

Daily Mirror

EXPLAINER: Europe struggles with crisis as Russia cuts gas

Europe is struggling to contain an energy crisis as Russia throttles back supplies of natural gas

The Independent UK

Festive hair care guide: Dos and Don’ts to know

The festive season is here and Indians across the world are gearing up to celebrate festivals in all their glory and glam. The feeling of joy and celebration is in the air, making one forget all about their everyday stress, as one enjoys the feeling of having fun and getting…

The Times of India

Phillip Schofield's 'dystopian' energy bills game used in Russian state TV propaganda

Phillip Schofield and Holly Willoughby's segment on This Morning has been used as propaganda on Russian state TV. It shared a clip of the duo during their controversial game where you could get your energy bills paid

Daily Mirror

Russia sends more energy to Asia as Europe cuts back

A new report says Russia sent significantly more oil and coal to India and China over the summer compared with the start of the year, while European countries that long relied on Russian energy have cut back sharply in response to the war in Ukraine

The Independent UK

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Reuters

Exclusive-Gazprom says Nord Stream 1 resumption depends on Siemens Energy

Russia's biggest natural gas pipeline to Europe will not resume pumping until Siemens Energy repairs faulty equipment, Gazprom’s Deputy Chief Executive Vitaly Markelov told Reuters on Tuesday.

Reuters

Lebanon's President: TotalEnergies could help Lebanon in maritime demarcation with Israel

Lebanon's President Michel Aoun said on Tuesday that France-based oil and gas company, TotalEnergies, could help his country solve maritime demarcation issues with Israel, according to a post from the presidency office on Twitter.

Asharq Al-Awsat

Aoun: TotalEnergies Could Help Lebanon in Maritime Demarcation With Israel

Lebanon's President Michel Aoun said on Tuesday that France-based oil and gas company, TotalEnergies (TTEF.PA), could help his country solve maritime demarcation issues with Israel, according to a post from the presidency office on Twitter. Aoun would make "contacts to help in this regard, will increase communications this month", the…

Tribune News Service

Editorial:How to stop so many of Putin’s critics from dying

Quick, somebody repair the slippery floors and close all the open hospital windows in Moscow. One was obviously responsible for the freak-accident death of Ravil Maganov, the chairman of Russia’s second-largest oil producer, Lukoil. Maganov must have tripped, perhaps on his IV line, before plummeting to his death on Thursday.

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Chicago Sun-Times

Menu planner: Southwestern tomato and corn salad a fine complement to your dinner

Thinking ahead to your next few meals? Here are some main dishes and sides to try.

The Texas Tribune

Comptroller Glenn Hegar is reminding voters he’s a Republican ahead of his November election

Hegar, who is running for his third term as Texas comptroller of public accounts, has made increasingly provocative moves in recent weeks, challenging financial companies he says are anti-oil and gas and threatening budget sanctions against Harris County over police funding.

Asharq Al-Awsat

ADNOC Announces $548Mln Contract for New Main Gas Line

The Abu Dhabi National Oil Company (ADNOC) announced Monday awarding a AED2.01 billion ($548 million) contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi. The award will increase Lower Zakum field’s gas production capacity from 430 million to 700 million standard cubic…

Radio France Internationale

Russia reaps 158 billion euros from energy exports, despite sanctions

Russia raked in 158 billion euros from energy exports in the six months following its invasion of Ukraine, with the EU accounting for more than half of that figure. Publishing the findings, think tank the Centre for Research on Energy and Clean Air called for more effective sanctions against Moscow.

Asharq Al-Awsat

Russia Pockets $158 bn in Energy Exports after War

Russia has raked in a whopping 158 billion euros ($158 billion) in energy exports in the six months following its invasion of Ukraine, with the EU accounting for more than half, a think tank said Tuesday. The Centre for Research on Energy and Clean Air called for more effective sanctions…

Evening Standard

FTSE 100 Live: Retail stocks bounce on energy bill hopes, pound steady

Speculation that incoming prime minister Liz Truss is planning a freeze to energy bills lifted retailers and stocks with exposure to the UK economy today.

The Independent UK

You only need 15 minutes for these affordable dinners

This month’s money-saving food column puts lamb mince, sweetheart cabbage and gochujang to good use, says Hannah Twiggs

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