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The Latest Breaking News from Oil

WA industries are big polluters, and Labor's 2030 emissions target could hit them hard

Green groups say Australia's biggest polluters have been allowed far too much "wriggle room" under a scheme designed to lower carbon emissions. But will things be any different the new federal government?

ABC News

Oil and gas producers warn windfall tax would do long-term harm to industry

Offshore Energies UK, which represents the offshore oil and gas industry, said the tax would undermine investor confidence.

The Independent UK

Egco aims to increase capacity by 1GW

SET-listed Electricity Generating Plc (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand, plans to increase its power generation capacity by around 1 gigawatt and will continue to acquire more assets to grow its energy portfolio.

Bangkok Post

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As Washington ramps up efforts to bring India on board with sanctions against Russia, U.S. treasury official on visit to Mumbai and Delhi

U.S. Assistant Secretary to discuss Russian oil purchases by India, rupee-rouble trade mechanism

The Hindu

U.N. Security Council to vote 'in coming days' on N.Korea sanctions, U.S. official says

The U.N. Security Council will vote in the "coming days" on a U.S.-led push to further sanction North Korea over its renewed ballistic missile launches by banning tobacco, cutting oil exports to Pyongyang and blacklisting the Lazarus hacking group, a senior U.S. administration official said on Wednesday.

Reuters

Superdrug shoppers 'can't live without' £5 'holy grail' product that leaves skin 'like silk'

One Superdrug shopper said: "I absolutely cannot live without it"

Liverpool Echo

Govt exploring rupee-rouble payment for fuel import amid sanction: Report

NEW DELHI: The government is exploring a payment mechanism for the import of oil from Russia in view of the sanctions imposed by the US and European countries following Moscow's attack on Ukraine.

The Times of India

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How high could gas prices get this summer? What experts say as Memorial Day nears

With the busy summer travel season approaching, many are wondering how high could U.S. gas prices get?

Tribune News Service

Cost of living crisis: Majority of UK public supports windfall tax, poll shows

Exclusive: New polling shared with The Independent finds that more than 60 per cent of the public support one-off levy

The Independent UK

US Says it Imposes Sanctions on Moscow-Backed Iranian Oil Smuggling Network

The United States on Wednesday imposed sanctions on what it described as a Russian-backed oil smuggling and money laundering network for Iran's Revolutionary Guards Quds Force, even as Washington tries to revive the Iran nuclear deal. The US Treasury Department said the network was led by current and former Quds…

Asharq Al-Awsat

Cherelle Griner wants U.S. to do more to secure release of wife Brittney Griner

The Phoenix Mercury center has been detained since Feb. 17 after vape cartridges containing oil derived from cannabis were allegedly found in her luggage at an airport near Moscow.

Chicago Sun-Times

Two men arrested over 'theft of cooking oil across Cheshire'

Both men were held after police swooped on a car in Wilmslow

Manchester Evening News

27 best skincare products 2022 - from serums to oils, toner to moisturiser and many more

Fancy splashing your hard-earned cash on some new beauty products? Well you won’t want to tap your card before reading our comprehensive guide on the best skincare products out right now!

Daily Mirror

Biden officials in Saudi Arabia for talks on oil, planned visit

The president is considering visiting Saudi Arabia as part of his planned trip to the Middle East next month.

Axios

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Al Jazeera

Oil-rich Niger Delta still ‘land of misery’: Goldman Prize winner

Chima Williams was recognised for his role in helping oil communities win a 13-year-old case against Shell at The Hague.

The Guardian - UK

‘Anxiety is part of me’: Mara Wilson and other anxious minds on how they cope

From lavender oil to a cold martini, Bruce Springsteen to sertraline, four writers share the tools they have found to manage their symptoms

Wales Online

What is a windfall tax and how would it work? Windfall tax explained as energy companies announce huge profits and bills soar

There are increasing calls for a one-off tax on massive firms such as BP and Shell to tackle the cost of living crisis

Radio France Internationale

French green activists block TotalEnergies general meeting over climate inaction

More than 100 activists tried to block oil giant TotalEnergies' annual general meeting in central Paris on Wednesday to protest the energy firm's climate policies and continued presence in Russia following the invasion of Ukraine. But investors approved a controversial shareholder resolution by 88.89 percent.

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Benzinga

5 Stocks Under $2 Insiders Are Aggressively Buying

US crude oil futures traded higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment…

Benzinga

Commodity Trader Glencore Looks To Settle Bribery, Market Manipulation Charges By Paying Penalties - Read How Much

Commodity trader Glencore Plc (OTC: GLNCY) looks to plead guilty to multiple counts of bribery and market manipulation and pay penalties of up to $1.5 billion following U.S., U.K., and Brazilian investigations,

The Independent UK

Three non-boring recipes to brighten up your week

Think vegetarian dishes are boring? Think again. Prudence Wade tries Josh Katz’ new cookbook

The Guardian - UK

How to make the perfect gado-gado, Indonesia’s super-salad – recipe

A salty-sour riot of textures and flavours that’s so good, they named it twice

Liverpool Echo

Aldi shoppers 'love' £3.99 SpecialBuy that's a 'gamechanger' for skin

One shopper said: “I use premium Elemis at 10 times the price and see no difference”

Asharq Al-Awsat

Google to Open Two New HQs in Saudi Arabia

American multinational technology company Google is preparing for launching two new headquarter offices in the Kingdom of Saudi Arabia. The planned offices will open in the cities of Riyadh and al-Dammam. Google also is building a data partnership with Saudi oil giant, Aramco. Google drove about SR12.2 billion ($3.25 billion)…

The Guardian - US

Indigenous activists among Goldman environmental prize winners

Recipients from around world demonstrate power of unified community action in battle to save the planet

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