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The Latest Breaking News from Oil

Morning Digest | Doval discusses high-tech cooperation in Moscow; Centre cuts windfall tax on domestic crude oil, and more

Here’s a select list of stories to read before you start your day

The Hindu

Cuban experts say they can’t identify remains of victims of fire in Matanzas

Cuban experts said Wednesday they haven’t been able to identify the remains of 14 victims believed to be firefighters who died combating the fire that ravaged an oil storage facility at the port of Matanzas earlier this month.

Miami Herald

A news site with ties to the fossil fuel industry claimed Scotland axed 14 million trees to make way for wind farms. Is that correct?

The country's efforts to tackle climate change have been caught up in a fresh wave of misinformation about renewable energy, thanks to a news website with ties to the oil and gas industry.

ABC News

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DIY Diaries: How to do Hair Spa treatments at home

You must have searched the internet a thousand times for this topic yet are still looking for a hair mask that will actually work and that does not involve a lot of hassle. Firstly, for any hair mask to work you need to identify what exactly is your hair condition…

The Times of India

4 Momentum Stocks to Keep an Eye on This Fall

Despite a slight decline in inflation from the 40-year high level, robust employment data and persistent price pressures could prompt the Fed to maintain its hawkish policy stance, keeping the stock market under pressure. Therefore, it could be wise to invest in APA Corporation (APA), Dynagas LNG (DLNG), Friedman Industries…

StockNews.com

Oil at six-month low | Petrol at breakeven, losses continue on diesel

Brent crude oil was trading at ₹94.91 per barrel on August 18

The Hindu

Explainer-What is at stake for investors in Angola's elections?

Angolans will vote on Wednesday for a new president and parliament in what looks set to be the closest election in Africa's second-biggest oil producer since the country won independence from Portugal in 1975.

Reuters

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Mitsubishi asked to mull new Sakhalin-2 investment

The government asked Mitsubishi Corp. to consider investing in the new Russian operator of the Sakhalin-2 oil and gas project in Russia's Far East during a meeting between Economy, Trade and Industry Minister Yasutoshi Nishimura and Mitsubishi President Katsuya Nakanishi.

The Japan News/Yomiuri

Houthi Levies Impoverish Yemeni Farmers

Fruit farmers in Yemen’s Houthi-run areas are suffering the brunt of hiked oil prices and high maintenance rates.

Asharq Al-Awsat

After the climate bill: Three big steps

Biden's big bill is a breakthrough on energy — but there's a long way to go. These three steps should come next

Salon

Oil Rises on US Crude Stocks Data, Tight Supply Outlook

Oil prices rose on Thursday as robust US fuel consumption data and expected falls in Russian supply late in the year offset concerns that a possible looming recession could undercut demand. Brent crude futures climbed $1.43, or 1.5%, to $95.08 a barrel by 0900 GMT.

Asharq Al-Awsat

Myanmar ready to import Russian oil

Military-ruled Myanmar plans to import Russian gasoline and fuel oil to ease supply concerns and rising prices, a junta spokesperson said, the latest developing country to do so amid a global energy crisis.

Bangkok Post

Long-term proposition for India to reorient foreign policy away from Russia, says U.S.

India has raised oil imports from Russia after the Ukraine war despite criticism from the West and continues to engage with Moscow for business

The Hindu

KAUST Produces Tutankhamun Perfume Oil from Algae

The famous essential "patchouli oil" is often linked to King Tutankhamun's oil, according to sites specializing in the history of perfumes. "New Directions Aromatics" company in Canada announced the discovery of ten gallons of Patchouli essential oil inside Tutankhamun's tomb. The historical review of this essential oil is an attempt…

Asharq Al-Awsat

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Reuters

Analysis: Confident Algeria rides gas high

Europe's attempts to wean itself off Russian gas have given Algeria a shot in the arm.

The Independent UK

Frozen fish is the saviour of quick, cheap weeknight dinners

A generous bath of flavourful olive oil turns a frozen cod fillet into a silky, delicate delight, writes Ann Maloney

The Independent UK

Caprese salad: How to make an Italian basic bouji

Becky Krystal takes an Italian basic and makes it bouji

Reuters

Myanmar to import Russian oil, military says

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Tribune News Service

Biden’s freeze on oil, gas leases on public land is reinstated — for now

WASHINGTON — President Joe Biden won temporary permission to once again pause energy leasing on federal lands and waters, after a U.S. appeals court found a trial judge’s order against the moratorium too vague to review.

The Independent UK

Ruling clears Biden's 2021 pause on new oil, gas leases

A judge's order that forced the Biden administration to resume sales of oil and gas leases on federal land and waters has been lifted by a federal appeals court

The Hindu

Expats helped boost Kerala’s economy: NORKA officer

THIRUVANANTHAPURAM

The Walrus

How the UK Is Winning the Race against Climate Change

While Canada has fumbled every climate promise, the UK has been hitting its emissions targets. What would it take to catch up?

The Conversation

Angola's 2022 election: an unfair contest the ruling MPLA is sure to win

Angolans go to the polls on 24 August to vote in parliamentary elections. The leader of the party with the most seats in parliament automatically becomes the president, so this is also in effect a presidential election.

The Guardian - UK

Church of England pension boss’s shares in Shell ‘shocking’, say campaigners

Exclusive: Christian climate groups urge Clive Mather to resign and C of E to divest from fossil fuel

The Hindu

‘India is buying Ukrainian blood by purchasing Russian crude oil’: Foreign Minister Dmytro Kuleba

Ukraine expected more practical support from India, said Foreign Minister Dmytro Kuleba

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