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The Latest Breaking News from Oil

Exclusive-Scientists detect second 'vast' methane leak at Pemex oil field in Mexico

Satellites recorded another large methane leak at an offshore platform belonging to Mexico's Pemex in August, according to exclusive data shared with Reuters, even as pressure mounts on the state oil company to reduce these emissions.

Reuters

Pollution fears grow as beached ship off Gibraltar leaks fuel

Gibraltar struggled on Friday to minimise any environmental impact of a fuel leak from a bulk carrier three days after it collided with a tanker, as reports of oiled birds emerged and several beaches in Spain and the British territory flew red flags.

Reuters

Nasdaq Jumps Over 100 Points; Crude Oil Rises Sharply

U.S. stocks extended gains midway through trading on Friday, following the release of jobs report for August.

Benzinga

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France vows to restart stricken nuclear reactors before winter

France's Energy Transition Minister on Friday called for "collective responsibility" to avoid energy rationing this winter as she announced that France's fleet of nuclear reactors would be fully operational by the winter. The news comes as G7 countries agreed to "urgently" implement Russian oil price cap.

Radio France Internationale

G-7 pledges to move forward with Russia oil price cap system

Finance ministers from the Group of Seven industrial powers have pledged to put in place a system designed to cap Russia’s income from oil sales, an idea the nations’ leaders had promised to explore in June

The Independent UK

G7 agree price cap on Russian oil to stop Putin’s ‘ability to fund war of aggression’

The cap is expected to be introduced in December for crude oil and for petroleum products in February

Evening Standard

Future optimism underlined at historic Shipham Valves as business rebuilds after buy-out

Maritime and oil and gas industry supplier has 'healthy order book' after a year of transformation on the Humber Bank

Birmingham Post

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G-7 backs price-cap plan for Russian oil to limit revenue

The Group of Seven most industrialized countries said they plan to implement a price cap for global purchases of Russian oil — a measure the U.S. hopes will ease energy market pressures and slash Moscow’s overall revenues.

Tribune News Service

G7 countries back plan to cap price of Russian oil over Ukraine invasion

It's aimed at limiting the invasion's effect on energy prices and preventing Russian profits from oil exports.

Axios

G7 agrees price cap on Russian oil to rein in runaway energy costs

Finance ministers of the G7 group of leading democracies have agreed a global price cap on Russian oil and petroleum products.

The Independent UK

Tired of frizzy hair? Start this hair care routine now!

Unruly and out-of-place hair can make you look dull and tired, and give the appearance of hair neglect, no matter how well-turned out your overall outfit may be. And a common problem faced by everyone, especially during the monsoons is frizzy hair! Because when your hair inevitably gets wet, the…

The Times of India

Amazon And 2 Other Stocks Insiders Are Selling

The US economy added 315,000 payrolls in August. Investors, meanwhile, focused on some notable insider trades.

Benzinga

G7 Finance Chiefs Agree on Russian Oil Price Cap but Level Not Yet Set

Group of Seven finance ministers agreed on Friday to impose a price cap on Russian oil aimed at slashing revenues for Moscow's war in Ukraine while avoiding price spikes, but Russia said it would halt oil sales to countries imposing it. The ministers from the G7 wealthy democracies confirmed their…

Asharq Al-Awsat

Texas’ oil and gas industry will produce “massive amount” of toxic wastewater with few reuse options, study finds

Oil and gas companies produce 3.8 billion barrels of wastewater per year in the arid Permian Basin. A state consortium is trying to figure out whether it can be reused.

The Texas Tribune

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The Independent UK

Gibraltar says heavy fuel yet to be removed from cargo ship

Gibraltar authorities say 80 percent of the diesel from a damaged and partly sunken bulk carrier ship has been removed but that some 180 tons of heavy fuel is still on board

Daily Mirror

Thrifty 30p natural hack will keep spiders away from your home this autumn

Savvy cleaning experts have shared eight top tips to banish spiders during the cooler autumn months ahead, including one super thrifty 30p hack arachnophobes will love

Asharq Al-Awsat

UAE Exports First Low-Carbon Ammonia Shipment

The Abu Dhabi National Oil Company (ADNOC) announced on Thursday that it had shipped its first ever shipment of low-carbon ammonia to Hamburg, Germany. Arubis, a global provider of non-ferrous metals and one of the world's largest copper recyclers, will receive this shipment. Developed by Fertiglobe, a partnership between ADNOC…

The Independent UK

The health pros (and cons) of coconuts

In moderation and certain forms, coconut can be tasty and nutritious. By Sam Wylie-Harris.

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The Independent UK

Should we be using more natural ingredients in our haircare?

Hairstylists make the case for looking to nature. By Prudence Wade.

The Independent UK

Tips and recipes to use up the last of the summer veg

Hannah Twiggs speaks to the head chefs at Gousto to find out how they’re making the most of tomatoes, courgettes and cauliflower

The Times of India

Remedies to relieve dry lips during pregnancy

As an expectant mother, your body will undergo changes, which is natural. If you were hoping for that healthy pregnancy glow, you may be disappointed to discover that you are plagued by dry skin and lips. Your pregnancy brings in all sorts of things starting with your body—some of which…

The Guardian - UK

Iran nuclear deal: US dismisses latest move from Tehran as ‘not constructive’

US state department rejects what Iran characterised as a bid to ‘finalise the negotiations’ in latest efforts to agree a deal

The Independent UK

Venezuela government again accuses ex-oil czar of wrongdoing

The Venezuelan government is again accusing its former oil czar of wrongdoing while he oversaw the country’s most important industry

Axios

Biden's effort to isolate Russia has a big problem: India

India is buying Russia's oil and joining military exercises.

Bangkok Post

Innobic in talks with potential partner

Innobic (Asia) Co, the life science arm of national oil and gas conglomerate PTT Plc, is seeking a new business partner in Iceland in a fresh move to produce medicines to treat cancer.

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