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The Latest Breaking News from Oil

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 Guardian - UK

‘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

The Hindu

'Mammoth load' arrives at final destination after 'completely filling' motorway

The furnace is "one of the "largest objects ever to be moved on UK roads"

Liverpool Echo

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Santos profit rises three-fold amid energy insecurity as calls for windfall tax intensify

Greens say 300% increase in profits shows Australia is ‘being taken for a ride’ while other activists claim company is ‘burning our long-term future’

The Guardian - AU

Gwyneth, Kourtney and... Kate Moss — the march of the celebrity wellness gurus

As part of her new Cosmoss brand, the supermodel and legendary party animal is about to start flogging ‘sacred mist’ and CBD face oil. Juliana Piskorz has the lowdown

Evening Standard

Scottish off-grid homes will benefit from Labour plans to freeze energy price cap

Shadow chancellor Rachel Reeves confirmed that Labour's £29 billion plan will reach households that rely on heating oil or gas tanks instead of being connected to the main supply.

Daily Record

Asian shares rise on optimism about US, China economies

Asian shares are mostly higher as regional markets looked to strong economic signs out of the U.S. and China as drivers of growth

The Independent UK

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'Foul' smelling oil found dumped at popular riverfront woodland

The Environment Agency are investigating the source of the 'pollution'

Manchester Evening News

India has never been defensive about stand on buying Russian oil: S. Jaishankar in Thailand

‘I have a country that has a per capita income of two thousand dollars. These are not people who can afford higher energy prices,’ says External Affairs Minister

The Hindu

Woman and son trafficked lolly cannabis

A Tasmanian woman who trafficked cannabis-oil-infused gummy lollies in an operation with her son was motivated by wanting to help pain sufferers.

AAP

Turkey says four more grain ships leave Ukrainian ports

Four more ships have left Ukrainian ports carrying sunflower meal, sunflower oil and corn, from Chornomorsk and Odesa ports, under a U.N.-brokered grain export deal, Turkey's defence ministry said on Wednesday.

Reuters

Scott Morrison's veto of a gas-drilling plan off Sydney was strange – but it should not be overturned

Federal parliament has been rocked by extraordinary revelations that Scott Morrison secretly assumed control of numerous ministries, including the resources portfolio, in the last term of government. The then prime minister went further and used his new powers to knock back a gas-drilling proposal off the New South Wales coast.

The Conversation

Oil Prices Edge Up from 6-Month Lows after Drop in US Stockpiles

Oil prices rose on Wednesday, recovering from six-month lows hit the previous day, as a larger-than-expected drop in US oil and gasoline stocks reminded investors that demand remains firm, if overshadowed by the prospect of a global recession. Brent crude futures rose 56 cents, or 0.6%, to $92.90 a barrel…

Asharq Al-Awsat

Venezuela to support reconstruction of Cuban port damaged by oil fire

CARACAS - Venezuelan President Nicolas Maduro said on Tuesday that Venezuela would support Cuba in the reconstruction of its only supertanker port in Matanzas, which was partially destroyed by a fire after lightning struck one of the its crude tanks.

Reuters

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The Times of India

Here's beauty industry's best kept secret

Every day, our skin is exposed to millions of dust, dirt, and pollution particles, not to mention the impurities we transfer onto our face when we touch it. But these arent exclusive to the outdoors; they exist within our homes as well. Even the gases and particulate matter from cooking…

AAP

Santos profit triples on gas, oil bonanza

Santos has reported record production, earnings, and cashflow and hiked its dividend as the gas company benefits from increased demand and supply shortages.

Bangkok Post

Cabinet okays oil fund guarantee

The cabinet on Tuesday approved a draft executive decree to allow the Finance Ministry to guarantee the loan repayment and borrowings worth up to 150 billion baht of the Oil Fuel Fund Office.

Bangkok Post

Clean energy needs far clearer policy

Amid rising oil prices and the need to slow down global warming from fossil fuels, the government's vow to give electric vehicles a big policy push is more than welcome. The road ahead will not be easy, however.

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news in one place.

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Bangkok Post

CPN tie-up to roll out EV charging stations

SET-listed retail and property developer Central Pattana Plc (CPN) has teamed up with national oil and gas conglomerate PTT Plc and Evolt Technology Co, an electric vehicle (EV) charging company, to install EV charging stations at all Central shopping complexes by the end of this year.

The Independent UK

LOCALIZE IT: Biggest climate spending bill signed into law

EDITORS/NEWS DIRECTORS:

StockNews.com

2 Food Stocks That’ll Leave Bad Tastes in Your Mouth

Food manufacturers are struggling to keep up with the fast-paced inflation. Furthermore, high oil prices, labor shortages, and supply chain issues are significant headwinds for the industry. Additionally, the geopolitical situation has been worsening the global food crisis. Hence, we think food stocks Beyond Meat (BYND) and Utz Brands (UTZ)…

Evening Standard

Our beauty director’s favourite new beauty products for August

From serums to body oils, ES Magazine’s Rose Beer picks her top summer skincare launches

Benzinga

Dow Jumps Over 200 Points; Crude Oil Falls Sharply

U.S. stocks traded mixed midway through trading, with the Dow Jones gaining more than 200 points on Tuesday.

The Conversation

Influential oil company scenarios for combating climate change don't actually meet the Paris Agreement goals, our new analysis shows

Several major oil companies, including BP and Shell, periodically publish scenarios forecasting the future of the energy sector. In recent years, they have added visions for how climate change might be addressed, including scenarios that they claim are consistent with the international Paris climate agreement.

The Conversation

South Africa's proposed fracking regulations should do more to protect groundwater

South Africa is extremely water scarce, and water supply will become more challenging in the future. The population and economy are growing, increasing demand. Rainfall is variable and more extreme and prolonged droughts are expected because of climate change. More than 80% of South Africa’s available surface water resources are…

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