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The Latest Breaking News from Oil

Powerful gang leader says fuel can start flowing in Haiti

The leader of a powerful gang alliance that has spent the past two months blocking the flow of fuel, food and drinking water in poverty-stricken Haiti declared its blockade of the country’s main oil terminal and seaports over Sunday.

Miami Herald

The federal government already has a windfall tax on gas profits. But while gas prices soar, is the tax doing its job?

Australia is one of the world's largest LNG exporters, and those companies selling gas to the world are in a prime position to capitalise. So how much are Australian taxpayers making from the sale of Australian gas?

ABC News

The Earth's Corr: It's climate crisis crunch time, let's hope leaders at COP27 deliver

Oil and gas are done, it's time world leaders got with the programme

Belfast Live

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Former Petrobras executive asks Brazil court to block dividend payment

Guilherme Estrella, former director of Brazil's state-controlled oil giant Petrobras, filed a lawsuit in court to block the payment of dividends by the company. In a late Friday filing, Petrobras reported that Estrella, a former director of exploration and production, requested the blocking of 32.1 billion reais ($6.6 billion) in…

Reuters

Offshore energy battle looms over ‘must pass’ defense bill

WASHINGTON — One of the most underappreciated high-stakes legislative fights in recent memory — featuring some of the strangest political bedfellows — is coming soon to a lame-duck session near you.

Tribune News Service

A Canadian senator aims to end the widespread financial backing of fossil fuels

The United Nations climate change conference, COP27, has begun in Sharm el-Sheikh, Egypt. In the lead-up to the conference, UN Secretary General Antonio Guterres said the recent Intergovernmental Panel on Climate Change report revealed “a litany of broken climate promises” by governments and corporations.

The Conversation

National Highways secures High Court order to ban M25 Just Stop Oil disruption

The High Court has granted a further injunction which aims to stop unlawful demonstrations on England’s busiest motorway

Evening Standard

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Russia Becomes India's Top Oil Supplier In October

Russia has become India's top oil supplier in October, surpassing traditional sellers Saudi Arabia and Iraq, according to data from energy cargo tracker Vortexa. Read more on Dynamite News:

Dynamite News

Biden feud with Big Oil ratchets up just as world needs more US oil

As October drew to a close, the White House saw another potential energy flash point on the horizon.

Tribune News Service

Uganda-Tanzania oil pipeline project a 'carbon bomb', analysis shows

The multibillion euro East African crude oil pipeline project, being financed by France's TotalEnergies and the China National offshore Company, will produce far more carbon emissions than claimed, new data shows.

Radio France Internationale

Greenpeace activist from Oldham cleared of protest that blocked tanker of Russian diesel

Kim Harrison was among 10 protesters charged with aggravated trespass following the protest in Essex in May

Manchester Evening News

Labour Facebook ads attack red wall Tory MPs in drive to swing voters

New social media drive targets Conservatives’ failure to ban fracking, rising mortgage costs, and direct action taken by Just Stop Oil protesters

The Guardian - UK

Soup, cheese scones, mushroom burgers: Joe Woodhouse’s vegetarian recipes for Bonfire Night

Three sustaining supper options before you tuck into those toffee apples: roast mushroom and chipotle slaw buns, smoked cheddar and thyme scones, and creamed spinach soup with nutmeg

The Guardian - UK

Equipment that's designed to cut methane emission is failing

Methane is the main ingredient in natural gas, and it packs about 80 times the climate-warming power of carbon dioxide

The Independent UK

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Benzinga

Tesla China Sales Stutter, Oil-Rich Saudi Arabia Looks EV Way, Canoo's Quest For Vertical Integration, Fisker Stays On Course: Week's Biggest EV Stories

Electric vehicle stocks mostly declined in the week ending Nov. 4, as another big rate hike delivered by the Federal Reserve weighed on risk appetite. Market leader Tesla, Inc.

The Guardian - UK

Cop27: crucial climate talks more fragile than ever after year of turmoil

With war in Ukraine and a cost of living crisis, the global picture is much changed since last year’s conference

The Independent UK

Joe Biden’s climate envoy warns UK against North Sea oil and gas expansion

New drilling ‘isn’t going to make the difference today, or tomorrow, or in the next month – because it’s just not going to be available’

The Guardian - UK

John Singer Sargent sketch to return to National Trust house where it was created

Oil sketch of Elsie Palmer to go on display at Ightham Mote in Kent after being acquired by trust

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news in one place.

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Al Jazeera

Indigenous group in Peru’s Amazon frees detained tourists

Members of the Cuninico community blocked passage of a tourist boat to draw government attention to a toxic oil spill.

The Independent UK

Why 250 tourists were held captive by an indigenous group in Peru’s Amazon rainforest

Indigenous leaders have denounced the dire situation in their communities after oil spills have affected their access to clean water and food

The Guardian - US

Amazon tourists and Peruvians held on boat released by Indigenous protesters

Group of more than 100 including British and American travellers were detained in protest over government response to oil spill

Texas Observer

Right-Wing Protectionism is Costing Texas

Laws banning the state from doing business with banks that are dubbed anti-fossil fuel or anti-gun could cost 100s of millions in interest.

Daily Mirror

Tourist group including Brits held hostage on boat in Amazon freed by Peru tribe

Dozens of people, including three British nationals, had been taken hostage this week by a group attempting to gain attention to a number of recent oil spills in the region

Texas Observer

Industry Threatens Water Supplies and Coastal Ecology Near Corpus Christi

Environmentalists have seized on water supply as a “chokehold” to block fossil fuels on the rugged South Texas coast.

Benzinga

Nasdaq Turns Lower; Crude Oil Rises Sharply

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite turning lower on Friday.

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