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The Latest Breaking News from Oil

Capricorn Energy proposes merger with NewMed Energy

Edinburgh-based energy company's board unanimously overrides previous plan to merge with Tullow Oil

Insider UK

Cost of Living Coalition Belfast calls for regulation of home heating oil

The group says the energy crisis is having a "massive impact" and has written a charter to help working families

Belfast Live

"Jacob Hooy 2.75% CBD Oil is being recalled due to the presence of unsafe levels of delta‐9‐tetrahydrocannabinol (∆9THC)"

Irish Mirror

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

India’s catch-22 dilemma on relations with Iran

Iran is vital for India’s energy security and connectivity plans — but New Delhi is in a bind on how to balance its cooperation with Tehran with its other bilateral ties

The Hindu

Shock therapy: turmoil engulfs Britishvolt’s £3.8bn battery factory

Future of company hailed by Boris Johnson as key to green industrial revolution hangs in the balance, as the first in our Electric Dreams series on Britain’s fledgling battery industry reveals

The Guardian - UK

Thursday briefing: Tehran faces a season of dissent - and the Bank of England acts in the UK

In today’s newsletter: Extraordinary protests have lit up Iran after a Kurdish woman died in police custody. Chowra Makaremi walks us through what it all means – and if this could be how the country’s theocracy ends

The Guardian - UK

Dinner doesn’t get much quicker than 20-minute gnocchi with chilli oil

Food writers are often guilty of overestimating how quick a recipe will take to make, says Ann Maloney. This 20-minute dinner, though, is no exaggeration

The Independent UK

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Oil Price Dips as Dollar Strengthens, Demand Weakens

Oil prices retreated slightly on Thursday after gaining more than $3 in the prior session, with a strong dollar capping oil demand from buyers using other currencies and concerns over the faltering economic outlook clouding market sentiment. Brent crude futures fell 41 cents, or 0.5%, to $88.91 per barrel by…

Asharq Al-Awsat

Sam McDowell: How this late-game error, which we glossed over, was costly in KC Chiefs loss to Colts

In the southwest end zone at Lucas Oil Stadium, a football stuck in the hands of rookie tight end Jelani Woods, a touchdown that supplied the Indianapolis Colts a three-point lead.

Tribune News Service

Indigenous groups, activists resist Congo's oil block plan

The auctioning of oil and gas blocks in Congo has stirred resistance and concern among local Indigenous communities worried about damage to their homes and large swaths of forest, according to a report released Thursday by several environmental groups

The Independent UK

Oil prices set to stay high despite global outlook

Rising diesel consumption in Europe during the winter is expected to drive up global oil prices, despite the prospect of a worldwide economic slowdown, says the Oil Fuel Fund Office (Offo).

Bangkok Post

Peru indigenous groups block river in the Amazon after oil spill

Peruvian indigenous groups were blocking a large river in the country's Amazon region on Wednesday in protest over a crude oil spill of an estimated 2,500 barrels in the world's largest rainforest, the government said.

Reuters

US: Focus new Russia sanctions on oil revenue, arms supplies

U.S. sanctions going forward must focus on depriving President Vladimir Putin of the oil revenue and arms supplies he needs to press his war in Ukraine

The Independent UK

3 Energy Stocks to Buy Right Now if You’re a Long-Term Investor

Russia is likely to propose a significant reduction in output at the next OPEC meeting. Amid the supply crunch, JPMorgan expects Brent to head toward $100 a barrel in the coming months. Hence, fundamentally strong energy stocks Valero Energy Corporation (VLO), Marathon Oil Corporation (MRO), and APA Corporation (APA) might…

StockNews.com

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Reuters

Mexican senator files criminal complaint against energy minister, Pemex CEO over methane leak

A Mexican senator filed on Wednesday a criminal complaint against the country's energy minister and the chief executive of Pemex for allegedly not reporting a methane leak at one of the state oil company's offshore platforms, according to the document seen by Reuters.

The Guardian - UK

Brussels promises to cap price of Russian oil after Putin escalation

European Commission also proposes extra curbs on hi-tech trade as part of sanctions to ‘make Kremlin pay’ over Ukraine war

Benzinga

Dow Jumps 300 Points; Crude Oil Rises Sharply

U.S. stocks traded higher this morning, with the Dow Jones gaining around 300 points on Wednesday.

Homes & Gardens

I swear by this 1 DIY dusting spray recipe to repel dust in my home – it's so affordable and easy to make

Successfully dust, clean, and prevent debris and dander from re-settling

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news in one place.

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The Independent UK

Biden to oil industry: Don't raise prices as hurricane nears

President Joe Biden is warning the oil and gas companies against increasing prices for consumers as Hurricane Ian nears landfall along Florida’s southwest coast

The Guardian - UK

Nord Stream blasts could herald new phase of hybrid war, say EU politicians

Norway to make military visible at oil and gas installations as bloc rounds on Russia for suspected act of sabotage

The Independent UK

New report: Oil spills from offshore transportation way down

A new government report says oil spills from tankers and pipelines in U.S. dropped dramatically from the last decade of the 1990s to the one from 2010 through 2019

The Independent UK

Biden warns oil and gas industry against using Hurricane Ian to raise prices: ‘There is no excuse’

Mr Biden says he will order officials to investigate any instances of price gauging as a result of the hurricane

Reuters

EU executive proposes eighth batch of sanctions against Russia

The European Union executive proposed on Wednesday an eighth round of sanctions against Russia over its invasion of Ukraine, including tighter trade restrictions, more individual blacklistings and an oil price cap for third countries.

Daily Mirror

Labour's plans for the economy explained as turmoil engulfs UK - and hits you

Labour has sought to cast itself as the party of 'sound money' as alarm mounts over the Chancellor's explosive mini-Budget

Reuters

Analysis-India sharpens stand on Ukraine war but business as usual with Russia

India is articulating its position against the Ukraine war more robustly to counter criticism that it is soft on Russia, but it still has not held Moscow responsible for the invasion and will not alter its policy on importing cheap Russian oil and coal.

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