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The Latest Breaking News from Oil

IndianOil unveils Rs 2 lakh crore net zero greenhouse gas plan

NEW DELHI: India’s largest oil refiner and fuel retailer IndianOil on Thursday unveiled a Rs 2 lakh crore roadmap to achieve net zero greenhouse gas emission from its operations by 2046.

The Times of India

Amplify Energy reaches tentative settlement deal in California oil spill lawsuits

LOS ANGELES — The Texas company that operates the oil pipeline that sent at least 25,000 gallons of crude gushing into the waters off Southern California in a spill last fall has tentatively agreed to settle more than a dozen lawsuits brought by Orange County business owners and residents.

Los Angeles Times

Oil spill settlement reached with California businesses

A pipeline operator says it has reached a settlement with Southern California tourism companies, fishermen and other businesses that sued after a crude oil spill last year

The Independent UK

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How to date in 2022 — the new rules of dating

It’s official: we’ve been swiping for a decade — so what has Tinder taught us? Annie Lord presents a modern guide (spoiler: delete the apps)

Evening Standard

Celebrate National Burger Day with a three-tier wedding cake

Heinz has come up with a recipe for a life-like burger cake

Wales Online

The Heat Is On — And So Is The Creation Of New ESG Funds

Over the last year, unique natural phenomena — including record heat waves in Europe — have contributed to high gas prices. Heat waves brought about droughts, which have reduced the supply of water and farmland.

Benzinga

North Sea oil giant’s huge profit set to fuel fresh row

Hike just hours ahead of announcement of unprecedented rise in domestic gas and electricity bills

Evening Standard

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Oil money is flooding into Guyana. Who will benefit?

Ever since Exxon Mobil found vast deposits of oil off Guyana's coastline in 2015, government leaders have pledged that black gold would transform the fortunes of one of South America's poorest countries.

Reuters

Market wrap: Crude oil price continues to climb, dragging petrol with it

Meanwhile, the ASX200 eased ahead as traders digested a busy week of earnings reports as corporate Australia negotiates higher costs and interest rates.

The New Daily

More than 60,000 sign petition demanding Tories halt approval of Jackdaw gas field

CLIMATE groups and activists have delivered a petition to No 10 calling on the UK Government to halt approval of Jackdaw – a new North Sea gas oil…

The National (Scotland)

Harbour Energy defends extra investor payout after 12-fold rise in profits

North Sea’s biggest oil and gas producer enjoys jump in fossil fuel prices following invasion of Ukraine

The Guardian - UK

Saudi Arabia Records Surges in Non-Oil Exports

The value of non-oil exports (including re-exports) during June 2022 reached SR30 billion, compared to SR24 billion during June 2021, with an increase of SR6 billion or 26.8%, new data from the General Authority for Statistics (GASTAT) showed. Saudi Arabia’s non-oil exports surged by 31 % in the second quarter…

Asharq Al-Awsat

US envoy says Russian invasion speeds shift to clean energy

U.S. Deputy Special Envoy for Climate Rick Duke says Russia’s invasion of Ukraine will accelerate the world’s shift to renewable energy because of price shocks in oil and gas

The Independent UK

TotalEnergies accused of supplying fuel to Russian warplanes in Ukraine

The French Transport Minister has called for an investigation into whether French oil giant TotalEnergies was involved in supplying jet fuel to the Russian military through a local joint venture.

Radio France Internationale

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Wales Online

Rain could become Wales' 'oil of the future' according to expert

Questions have been raised as to whether Wales should charge to send rain water to England

Daily Record

Tesco issues urgent recall for tablets as customers warned not to take them

They have been found to contain an illegal level of one of the chemical ingredients.

Evening Standard

Best sunscreen sticks for soft skin and sunshine protection

Less application time = more time enjoying the sunshine.

The Conversation

Opening 10 new oil and gas sites is a win for fossil fuel companies – but a staggering loss for the rest of Australia

Federal Resources Minister Madeleine King yesterday handed Australia’s fossil fuel industry two significant wins.

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Asharq Al-Awsat

Yemen’s HSA Pledges $1.2m to UN Drive to Avert Safer Tanker Oil Spill

Yemen’s HSA Group on Thursday became the first private entity to pledge funds for a United Nations operation to avoid an oil spill from a tanker stranded off the coast of Yemen, as the UN urgently tries to secure an initial requirement of $80 million. The international organization, which has…

Asharq Al-Awsat

Oil Prices Rise on Potential OPEC+ Supply Cuts

Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the partial shutdown of a US refinery. Brent crude rose 59 cents, or 0.6%, to $101.81 a barrel by 0400 GMT, while US West Texas Intermediate…

The Guardian - UK

How much longer can we tolerate this price-gouging racket of an energy sector?

We are all footing the bill of a crooked system that drains our bank balances and heats the planet, says Damian Carrington, the Guardian’s environment editor

Pedestrian.tv

Net Zero By 2050 My Ass: The Albanese Govt Approved 47,000 Sq Km Of Ocean For Gas Drilling

"There’s no plausible excuse for Labor to put our marine ecosystems in jeopardy."

The Independent UK

A saucy, one-pan chicken recipe with a special story

Though it’s full of strong, punchy flavours, the final dish ends up softly pungent, or what Italians call ‘agrodolce’, which means sweet and sour, writes G Daniela Galarza

Daily Mirror

Tesco recalls line of popular supplement as customers urged not to take tablets

The supermarket has recalled a line of tablets for having levels of glycidol above the legal limit and urged people to return them to a store where they will get their money back

Reuters

Yemen's HSA pledges $1.2 million to U.N. drive to avert tanker oil spill

Yemen's HSA Group on Thursday became the first private entity to pledge funds for a United Nations operation to avoid an oil spill from a tanker stranded off the coast of Yemen, as the U.N. urgently tries to secure an initial requirement of $80 million.

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