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The Latest Breaking News from Oil

Aramco, Shandong Energy Collaborate on Downstream Projects in China

Saudi Aramco and Shandong Energy Group are exploring collaboration on integrated refining and petrochemical opportunities in China, the Saudi Arabian Oil Company said in a statement on Friday. The companies have signed a Memorandum of Understanding (MoU) which includes a potential crude oil supply agreement and chemicals products offtake agreement,…

Asharq Al-Awsat

Saudi Arabia, China Affirm Importance of Stable Global Oil Markets

Saudi Arabia and China reaffirmed the significance of stability in global oil markets and the Saudi role in that, a joint statement said on Friday, following Chinese President Xi Jinping's visit to the Kingdom. "The People's Republic of China welcomed the Kingdom’s role as a supporter of the balance and…

Asharq Al-Awsat

3 sweet and savoury Italian baking recipes

From focaccia to florentines, 2021 Bake Off winner Giuseppe Dell’Anno’s new cookbook celebrates the best of Italian bakes. Prudence Wade digs in

The Independent UK

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Turkey oil tanker logjam snarls Russia oil sanctions

Turkey emerged as a critical stumbling block to a complex international plan to deprive Russia of wartime oil revenues as the number of tankers waiting to exit the Black Sea through Turkish straits continued to rise on Friday.

Reuters

Can Just Stop Oil make the case for protest?

The climate activists know their tactics make people angry — and they believe that’s a price worth paying

Financial Times

Petrol prices ease ahead of Christmas

Motorists would be wise to fill up while fuel is cheap because retailers could hike prices in the days before Christmas.

AAP

14,000-barrel oil spill in Kansas temporarily shuts down Keystone Pipeline

An estimated 14,000 barrels of crude oil spilled from the Keystone Pipeline into Mill Creek near the city of Washington, Kansas, on Wednesday night.

Tribune News Service

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Oil spill in rural Kansas creek shuts down Keystone pipeline

An oil spill in a creek in northeastern Kansas has shut down a major pipeline from Canada through the Plains and to the Texas Gulf Coast

The Independent UK

Keystone pipeline temporarily closed following Kansas oil spill

The energy company in charge of the pipeline has not said what caused the spill or how much oil was released.

Al Jazeera

Bangchak to make jet fuel out of used cooking oil

SET-listed energy conglomerate Bangchak Corporation plans to make biofuel for aircraft, also known as sustainable aviation fuel (SAF), from used cooking oil through a joint venture with a 200-million-baht budget, in a move to cut carbon dioxide emissions.

Bangkok Post

Australian share market rises, global stocks climb on hope of revived China demand — as it happened

The Australian share market follows Wall Street up, while oil prices continue to fall on fears of a global economic slowdown.

ABC News

3 Stocks That Stand to Benefit from the Ongoing Energy Crisis

Despite the recent retreat in oil and gas prices from their peaks, a surge in demand due to the onset of a chilly winter in the U.S. and Europe and the reopening of China’s economy could boost oil and gas prices significantly. Therefore, we think it could be wise to…

StockNews.com

Putin, secret talks and the 'Merchant of Death': US basketball star Brittney Griner's long road to freedom from a Russian penal colony

The young basketball star became embroiled in a tussle between the United States and Vladimir Putin right at the moment the Russian strongman was isolated and increasingly desperate for leverage.

ABC News

Religious preacher sold £91 bottles of olive oil styled as bogus Covid-19 cures

Bishop Climate Wiseman, 47, who also claims to have performed miracles on the sick, was found guilty of fraud after he sold the bottles as “plague protection oil” during the pandemic and urged his congregation to buy them "as soon as possible"

Daily Mirror

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The Times of India

Oil ministry recasts ONGC board

NEW DELHI: The ONGC board is to be restructured from March 1, 2023 to make the state-run exploration behemoth more responsive to “the emerging trends in the energy sector” and align its corporate goals with “the national energy priorities”.

Reuters

U.S. puts sanctions on Turkish businessman, citing links to Iran's Quds Force

The Biden administration levied sanctions on Thursday on prominent Turkish businessman Sitki Ayan and his network of firms, accusing him of acting as a facilitator for oil sales and money laundering on behalf of Iran's Revolutionary Guard Corps.

Homes & Gardens

10 easy ways to make your home smell good for Christmas including festive home fragrance and themed cleaning products

We offer ten easy ways to seasonally scent your home for Christmas

The Conversation

Three graphic novels that creatively confront the climate crisis

As the scale and severity of the environmental crisis escalates, our shelves and screens have been bombarded by a whirlwind of climate-themed genres, from climate fiction (cli-fi) to disaster movies.

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news in one place.

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The Independent UK

Bishop who told flock they’d ‘drop dead’ from Covid if they didn’t buy his £91 protection kits guilty of fraud

Bishop Climate Wiseman warned his followers they could ‘end up dropping dead’ during the pandemic and urged them to buy his ‘plague protection oil’

Bangkok Post

Bangchak to make jet fuel from used cooking oil

The SET-listed energy conglomerate Bangchak Corporation plans to make biofuel for aircraft, also known as sustainable aviation fuel (SAF), from used cooking oil through a joint venture with a 200-million-baht budget, in a move to cut carbon dioxide emissions.

The Independent UK

Preacher found guilty of fraud over £91 bogus Covid-19 cure

Bishop Climate Wiseman warned his followers they could ‘end up dropping dead’ during the pandemic and urged them to buy his ‘plague protection oil’.

Evening Standard

Quo Vadis chef Jeremy Lee shares five recipes for the ultimate festive feast

Pile your plates high this year with legendary Quo Vadis chef and all round bon vivant Jeremy Lee’s no-holds-barred Christmas dinner

Reuters

Yemen rivals ramp up economic war as U.N.-backed truce efforts limp

Yemen's Saudi-backed government and its Houthi enemies are escalating an economic war as peace efforts stall, with tit-for-tat moves aimed at disrupting state oil revenues and fuel flows, leading to more humanitarian pain.

StockNews.com

4 Oil and Gas Stocks to Buy Before the Winter Freeze

The oil and gas industry benefited from the rising crude oil process earlier this year thanks to the sanctions on Russian oil exports and production cut by OPEC+. While oil prices recently declined to pre-war levels on economic jitters, rising energy demand in winter should benefit Marathon Petroleum (MPC), Valero…

Axios

Oil prices fall to lowest level of the year

Oil prices are a big tell on how investors feel about the global economy's prospects

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