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The Latest Breaking News from Oil

Qatar’s gas output increase could cause catastrophic global heating, report says

If Qatar exploits all its reserves it will add 50bn metric tons of CO2 to atmosphere, more than entire annual emissions of whole world

The Guardian - US

TotalEnergies in court over massive oil projects in Uganda, Tanzania

The French energy giant TotalEnergies appeared in a Paris court after years of delay in a case in which six NGOs accuse it of "failing in its duty of vigilance" on two massive oil drilling and pipeline projects in Uganda and Tanzania.

Radio France Internationale

Analysts see Fed rate hike of 0.5%

Analysts expect the Federal Reserve to raise interest rates by 0.5% in the middle of this month, putting pressure on stocks, gold and oil to continue their freefall.

Bangkok Post

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Invisible skin mites called Demodex almost certainly live on your face – but what about your mascara?

Demodex are a family of eight-legged mites that live in the hair follicles and associated sebaceous or oil glands of many mammals.

The Conversation

Sensible to go where India gets best oil deal, says external affairs minister

NEW DELHI: Foreign minister S Jaishankar said on Wednesday while the government doesn’t ask Indian companies to purchase Russian oil, it’s a sensible policy to go where India gets the best deal in the interest of its people. He also said India’s concerned about what impact the price cap on…

The Times of India

The Best Energy ETFs to Buy

Energy ETFs can help investors earn income, hedge against inflation and speculate on commodity prices. Here are five we like.

Kiplinger

PSTC eyes higher gas sales

SET-listed Power Solution Technologies (PSTC), a provider of clean energy solutions and construction services, is expecting higher sales of compressed natural gas next year because of environmental concerns and factory operators' desire to cut costs.

Bangkok Post

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U.S. tells Turkey no need for additional checks on oil tankers

U.S. Deputy Treasury Secretary Wally Adeyemo told Turkish Deputy Foreign Minister Sedat Onal in a call on Wednesday that the price cap on Russian oil does not necessitate additional checks on ships passing through Turkish territorial waters, the U.S. Treasury Department said.

Reuters

The 2 Most Aggressive Energy Stocks to Buy Right Now

The oil and gas market is expected to remain tight, and analysts project prices will surge further in 2023. Amid this, investors should consider buying energy stocks Valero Energy (VLO) and Adams Resources & Energy (AE), which have gained significant momentum this year. Read on….

StockNews.com

Offshore oil workers walk out in dispute with ‘Scrooge’ employer

OFFSHORE oil workers began two days of strike action on Thursday in a dispute over pay and working conditions.

The National (Scotland)

US to boost natural gas exports to UK in energy partnership

The United States will increase exports of liquefied natural gas to Britain under a new agreement calling for the two countries to work together to boost energy security and drive down prices following Russia’s invasion of Ukraine

The Independent UK

Donate ‘wartime profits’ to Ukraine or pay windfall tax, MPs tell BP

The company, which still owns stock in Russian oil, is being pressured to sever all ties with the country

The Guardian - UK

Memo to Just Stop Oil and everyone risking all to save the planet: we need a rethink

We must find new ways to protest and keep the public on side, says Feyzi Ismail, lecturer in global policy and activism at Goldsmiths university

The Guardian - UK

Save ‘up to £200 in fuel a year’ by doing these 9 things

Motoring experts tell Lisa Salmon how good car maintenance and careful driving can help save a fortune on fuel costs.

The Independent UK

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The Independent UK

‘BP must divest from Russian oil firm or pay for Ukraine’s reconstruction’

Dame Margaret Hodge called for the British company to cut its ties with oil firm Rosneft, which is majority owned by the Russian state.

The Independent UK

Swiss climate activists lament election of oil lobbyist

Environmentalists in Switzerland have criticized the election of a top car- and oil-industry lobbyist to the country's new government, calling it a “disaster for climate policy.”

Reuters

China's Xi on 'epoch-making' visit to Saudi as Riyadh chafes at U.S. censure

Chinese President Xi Jinping began a visit to Saudi Arabia on Wednesday that Beijing said marked its biggest diplomatic initiative in the Arab world, as Riyadh expands global alliances beyond a long-standing partnership with the West.

The Times of India

Sensible to get best deal for people, says Jaishankar on India's Russian oil import

NEW DELHI: External affairs minister Subrahmanyam Jaishankar on Wednesday said that India will opt for best deals to buy oil that is in the interest of its people.

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Asharq Al-Awsat

World Cup Fans Explore Qatar’s Artificial Reefs

Thirty feet (9 meters) deep into the waters of the Gulf, angel fish swim in and out of rusted trucks and SUVs. Plastic bags and water bottles, blown in from the nearby shoreline, float across the ocean floor. World Cup fans in Qatar hoping to see some of the Gulf’s…

The New Daily

Can this diet save Australian kids from obesity? The science says so

Babies put on a lower-protein and cereals diet, and fed a variety of fruit and vegetables, developed a taste for a healthier diet.

Los Angeles Times

Best of 2022: The biggest art stories mattered more than soup thrown on a Van Gogh

LOS ANGELES — The COVID-19 pandemic isn't over, but museum and gallery exhibitions are getting back on track. Rather than write the usual list of 10 best shows, I'm sharing these 10 art stories that caught my eye this year.

Chicago Tribune

Commentary: The G-7′s price cap gamble on Russian oil is an untested idea

The United States and its allies in Europe have spent the last 10 months turning the screws on the Russian economy in retaliation for Vladimir Putin’s war on Ukraine. The Western coalition blocked Russia from accessing around half of its more than $600 billion in foreign reserves, disconnected multiple Russian…

Asharq Al-Awsat

Asian Equities, Oil Prices Dragged by Recession Fears

Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession. The drop followed another day deep in the red for New York's three main indexes after the heads of Wall Street's leading banks…

The Times of India

Coronavirus: From getting a bald patch to losing hair volume; experts explain hair fall and thinning during the COVID pandemic

After recovering from an intense COVID infection in 2021, Pulkit Batra, 30, noticed he is losing more and more hair everyday and his hair texture also started getting thinner. "This continued for 3 months. I reached out to 2-3 people and realized that everyone was facing the same problem. This…

Evening Standard

FTSE 100 Live: House prices in biggest fall since 2008, oil near $80

The average house price slid 2.3% in November, the largest monthly drop recorded by lender Halifax since October 2008.

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