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The Latest Breaking News from Oil

Texas Dems uniformly vote for Biden’s cornerstone climate and health care legislation

The bill would invest billions into issues acutely impacting Texas, including climate change and health care, and is the result of months of intraparty fighting between moderates and progressives.

The Texas Tribune

A battle for Ukraine’s mineral and energy wealth

After nearly six months of fighting, Moscow’s invasion has yielded at least one big reward write Anthony Faiola and Dalton Bennett

The Independent UK

Oil shipments from Russia resume to Czechia

Oil shipments from Russia through a critical pipeline to Czechia have resumed after more than a week

The Independent UK

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Congress passes Inflation Reduction Act: Its climate promise relies heavily on carbon capture, meaning thousands of miles of pipeline

The U.S. House passed a sweeping climate, energy and health care bill on Aug. 12, 2022, that contains about US$370 billion to foster clean energy development and combat climate change, constituting the largest federal climate investment in history. The bill now goes to President Joe Biden for his signature.

The Conversation

Explainer: Why gas prices are falling

Gas prices hit record highs just two months ago, but now they're sinking below $4 a gallon

The Independent UK

Government moves to tame fuel crisis

The government will roll out a set of measures to ease the economic impact of the global fuel crisis caused by the Russia-Ukraine war, said Krisada Chinavicharana, permanent secretary of the Finance Ministry.

Bangkok Post

SPRC details oil spill payouts in Rayong

Star Petroleum Refining Plc (SPRC) has reportedly paid about 90% of due compensation, worth 299 million baht, for two crude oil leaks in Rayong at the start of the year.

Bangkok Post

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‘Texans should watch their wallets’: Power grid report approved without public input

AUSTIN — A little-known state committee consisting mainly of oil and energy executives approved recommendations Wednesday that lawmakers could rely on in next year’s legislative session to reshape Texas’ shaky power grid.

Tribune News Service

Cuban oil fire all but out, blackouts and gas lines lengthen

Cubans have been left to endure six- to 18-hour blackouts, and search for ever-scarcer gasoline in the wake of a spectacular blaze that destroyed 40% of Cuba’s main fuel depot and shuttered its only supertanker port.

Reuters

3 Under-the-Radar Oil Stocks Investors Should Consider

Oil prices rebounded yesterday, boosted by the slowdown of inflation. Moreover, oil demand is expected to rise this year amid an already tight market which might increase oil prices further. Amid this, Adams Resources & Energy (AE), TotalEnergies (TTE), and Cenovus Energy (CVE) are flying under the radar, offering good…

StockNews.com

Politicians, energy experts, advocates on climate bill

Congress is expected on Friday to pass a major bill that includes close to $375 billion in spending related to fighting climate change

The Independent UK

Nasdaq Turns Lower; Crude Oil Rises Sharply

U.S. stocks pared gains toward the end of trading, with the Nasdaq Composite turning lower on Thursday.

Benzinga

These retinol-replacing products are a brilliant solution for sensitive skin

Facetheory's natural skin care products reap similar results to retinol, without the potential irritation.

Mic

When did vegan cheese get so good?

Nuts were a game-changer for vegan cheese

Salon

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The Guardian - UK

Russian oil production falls less than 3% as sanctions have ‘limited’ effect

In July production was only 310,000 barrels a day below prewar levels, IEA finds

The Independent UK

2nd firefighter dies as Cuba controls big oil facility fire

A second firefighter has died in Cuba, where crews have controlled a massive blaze that began last week at a key oil storage facility amid a deepening energy crisis

Asharq Al-Awsat

Iraq Extends Lebanon Fuel Deal for One Year

Iraq's government has agreed to continue supplying Lebanon's electricity company with heavy fuel oil for another year, Lebanon's caretaker prime minister said on Thursday, alleviating pressure on Lebanon's struggling power grid. Najib Mikati said he had made the request to Iraq's Prime Minister Mustafa al-Kadhimi, who agreed to extend the…

Ideal Home

Garden decking ideas – 28 ways to design and enhance a decked space for summer hosting

Give your outdoor living space an upgrade

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The Times of India

Oil India net profit triples on oil, gas price boost

NEW DELHI: Oil India Ltd (OIL), the nation's second-largest state explorer, reported a tripling of its net profit in the June quarter on record oil and gas price realisation.

The Hindu

Hashish oil valued at ₹10 crore seized

PALAKKAD

WEKU

Gas prices drop below $4 a gallon. These factors will determine what happens next

The national average price of gasoline has fallen below $4 a gallon. These are four key factors that could determine what happens next with prices at the pump.

The Guardian - UK

What is a windfall tax and will it be extended to UK energy providers?

Explainer: Up to £4bn could be raised from levy on electricity generators, but ministers are rowing back on idea

The Independent UK

Bring back the flavours of your holiday with these Mediterranean recipes

From a lamb chop showstopper to a fruity dessert that’s both sweet and salty, here’s our favourite recipes for a Mediterranean meal to remember

The Hindu

Oil Ministry to divert gas from industries after CNG, piped gas prices jump 70% in a year

Use of domestic gas instead of imported fuel will bring down the cost of raw material and ease CNG and PNG rates, officials said.

Evening Standard

Best hair perfumes and fragrances for women: Find the perfect scent

Make fragrance the mane event

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Krisada Chinavicharana

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