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The Latest Breaking News from Oil

Types Of Cannabis: The Different Kinds Of Weed, Explained

This article was originally published on 2Fast4Buds and appears here with permission.

Benzinga

‘Grotesque greed’: immoral fossil fuel profits must be taxed, says UN chief

António Guterres urges governments to introduce windfall levies and use money to support vulnerable people

The Guardian - UK

Dow Jumps 350 Points; Crude Oil Drops Over 2%

U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 350 points on Wednesday.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Shell to give staff 8% bonus after record profits

Payout comes after oil firm reported $11.5bn second-quarter profits amid soaring energy prices

The Guardian - UK

Hashish oil seized, 4 held

Thrissur

The Hindu

Spanish farmers fear olive oil output could plunge a third

Farmers in southern Spain fear extreme drought and consecutive heatwaves this year could cut olive oil output in the world's largest producer by nearly a third in the 2022/23 season.

Reuters

PG owner, YouTuber arrested for peddling hasish oil

Bengaluru

The Hindu

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Pelosi’s Taiwan trip could have significant consequences for global economy

Rising tensions between US and China threaten to accelerate decoupling of world’s two biggest economies

The Guardian - UK

Opec+ agrees small oil output rise despite Biden plea

VIENNA: The Opec+ oil cartel agreed to a small increase in production Wednesday, likely disappointing US President Joe Biden who lobbied for a big hike to tame soaring energy prices on a recent trip to Saudi Arabia.

Bangkok Post

Swiss adopt new EU sanctions on Russia, allow oil payments

The Swiss government imposed further sanctions against Russia over the war in Ukraine on Wednesday, in line with the European Union's latest measures on gold and gold products, the cabinet said.

Reuters

Adani Wilmar Q1 net profit up 10% to Rs 193.59 crore

NEW DELHI: Edible oil major Adani Wilmar Ltd (AWL) on Wednesday reported a 10 per cent growth in consolidated net profit at Rs 193.59 crore for the quarter ended June on higher sales.

The Times of India

The Greens Will Support Labor’s Climate Bill But Want More Done To Stop Fossil Fuels

"The Greens have improved a weak climate bill and we will pass it, but the fight to stop Labor's new coal and gas mines continues."

Pedestrian.tv

How to make caponata – recipe

Sicily’s famous sweet and sour stew offers plenty of scope to adapt to your own taste … while paying heed to the basics

The Guardian - UK

Russia vows to hit Britain and Europe with higher gas and oil prices in chilling threat

Staunch Vladimir Putin supporter Yevgeny Popov vowed to hit the UK and the rest of Europe with soaring energy costs unless "moron" leaders in the West stop "antagonising" the Kremlin over the Ukraine invasion

Daily Mirror

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The Guardian - US

Big oil is wringing humanity dry. We need a fossil fuel non-proliferation treaty

As the climate crisis escalates, oil companies are posting record profits. We must accelerate a fair energy transition

Dynamite News

Ranjit Rath takes over as CMD of Oil India Limited

Rath took charge as CMD of the Navratna PSU under the Ministry of Petroleum & Natural Gas, Government of India, on 2nd August. Full story on Dynamite News:

Benzinga

U.S. Stock Futures Gain Ahead of Services PMI; Crude Oil Drops Over 1%

Pre-open movers

The Independent UK

OPEC+ to decide oil output to world amid high inflation

The OPEC oil cartel and its allies are meeting to decide how much oil to produce in September

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Reuters

Drought takes toll on Tuscany's famed olive oil and wine production

Farmers in Tuscany, the heart of Italy's prized wine and olive oil industry, are battling to salvage as much as they can of this year's crop from the ravages of drought and heatwave.

Belfast Live

Belfast man shares top tips after saving money on heating oil and fuel

"It seems like pennies, it seems like pounds, but every penny's a prisoner."

The Independent UK

Cold showers, no lights: Europe saves as Russian gas wanes

Energy saving is all the rage in Europe as the continent rushes to wean itself off natural gas and oil from Russia

Asharq Al-Awsat

Hezbollah Dampens Mood in Lebanon-Israel Marine Border Talks by Slamming US

Hezbollah dampened the positive mood that prevailed during US Envoy for Energy Affairs Amos Hochstein's meeting with Lebanese officials over the demarcation of the marine border with Israel, by criticizing Washington and accusing it of preventing Beirut from extracting its offshore gas and oil. Hochstein had paid a two-day visit…

Evening Standard

BBQ recipes: Four of the best from London chefs, with wine pairings to match

From a marinade for almost every meat to a pudding that doubles as a main, four top chefs tell David Ellis how to do the ultimate barbecue, without the hassle

Nottingham Post

Asda, Waitrose and Morrisons issue urgent food recall on items including pasta and sardines

There have been warnings of a contamination risk

RideApart

Mahle's New SCT Motor Promises Extra Longevity And Performance

Automotive supplier Mahle introduces the SCT electric motor, which claims 90-percent efficiency thanks to a sophisticated oil-cooling system.

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