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The Latest Breaking News from Oil

'No purchase' by petrol pump dealers on Tuesday to demand higher commission

NEW DELHI: A petrol pump dealers' association will on Tuesday resort to 'no purchase of petrol and diesel' in protest against no increase in their commission by the oil marketing companies, but the protest is unlikely to disrupt supplies as fuel bunks have enough stocks to last couple of days.

The Times of India

Putin Ready to Facilitate Unfettered Grain Exports from Ukraine’s Ports, Says Kremlin

President Vladimir Putin said on Monday that Russia was ready to facilitate the unhindered export of grain from Ukrainian ports in coordination with Turkey, according to a Kremlin readout of talks with President Recep Tayyip Erdogan. Besides the death and devastation sown by Russia's invasion of Ukraine, the war and…

Asharq Al-Awsat

Agriculture minister bats for promotion of oil palm cultivation

KARIMNAGAR

The Hindu

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ONGC seeks permission from Bihar govt to conduct oil exploration in Buxar, Samastipur

PATNA: Bihar may soon be recognised as a mineral rich state as several fresh explorations for assessing presence of minerals are set to commence over the next few months.

The Times of India

Could a cartel of large energy consumers cut oil and gas prices?

Italy’s PM Mario Draghi suggests big consumers club together to limit how much is paid and raises idea of EU gas price cap

The Guardian - UK

Brent crude rises above $120 a barrel as UK fuel prices hit record highs

Price increases on global oil markets and at UK forecourts add to concerns about rising inflation and its impact

The Guardian - UK

EU leaders agree to partial embargo of Russian oil imports

Some 75% of imports will be banned and Sberbank ejected from Swift but Hungary, Czech Republic and Slovakia to keep supplies

The Guardian - UK

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Anas Sarwar branded 'austerity apologist' after defending Tory public service funding

SCOTTISH Labour chief Anas Sarwar has been accused of “airbrushing austerity” after defending Westminster’s funding of public services over…

The National (Scotland)

Wren to run on green diesel as kitchen giant turns to used cooking oil for delivery fleet

200 vehicles identified for summer switch after three month trial at Barton base

Birmingham Post

Hungarian PM Viktor Orban issues Russian oil embargo warning as he blasts ‘irresponsible’ European Commission

Hungary’s prime minister Viktor Orban has warned the prospects of Europe agreeing a ban on Russian oil exports are “not looking good”.

Evening Standard

If plastic comes from oil and gas, which come originally from plants, why isn’t it biodegradable?

Curious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to [email protected].

The Conversation

Ben Tish’s recipe for scaccia – Sicilian lasagne bread

Golden bread layered with sweet tomatoes and melting cheese, this Italian street food combines rustic simplicity with delicious indulgence

The Guardian - UK

Chicken shish in sweet confit garlic marinade recipe by Sarit Packer and Itamar Srulovich

A great dish to make ahead, marinade the chicken for up to 48 hours for a surprisingly sweet delicate flavour

The Guardian - UK

Ravneet Gill’s recipe for ras malai cake

A sensational cake that is soaked in cardamom-spiced milk, bake it in a foil container, give everyone a spoon and get stuck in

The Guardian - UK

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Evening Standard

Oil price tops $120 a barrel as EU closes on Russian crude ban

The latest jump follows a 6% rise last week raising further inflation fears

The Independent UK

From black pepper tofu to Brussels sprout pasta, here’s five things to cook this week

Emily Weinstein discovers her new favourite way with tofu in this week’s meal plan

The Guardian - UK

G7 countries to stop funding fossil fuel development overseas

Ministers from world’s biggest economies reach agreement that could shift estimated $33bn a year to clean energy sources

Bangkok Post

Diesel price up again on Tuesday

The board of the Oil Fund decided on Monday to raise the cap on the price of standard diesel by one baht, from 31.94 baht to 32.94 baht per litre, from Tuesday.

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The Guardian - UK

Thomasina Miers’ recipe for white beans with leeks and caper salsa

The smooth comfort of the beans against the smoky leeks and gutsy dressing is a combination that belies its simplicity

Asharq Al-Awsat

Iran Authorities Seize Vessel Allegedly Carrying Smuggled Fuel

Iranian authorities have seized a vessel carrying 106,500 liters of smuggled fuel and arrested nine crew members, the semi-official Tasnim news agency reported on Monday. "On the orders of the Qeshm Prosecutor, the officers of the marine base, while identifying a vessel carrying 106,500 liters of smuggled fuel, started the…

Radio France Internationale

EU leaders meet in Brussels to break deadlock over Russian oil embargo

Ambassadors from the 27 European Union member states have been examining a compromise being tabled to break the deadlock on a Russian oil embargo ahead of a two-day emergency summit of EU leaders in Brussels.

The Independent UK

Live updates | Ukraine: intense battle going on for key city

A regional governor says an intense battle is going on for the key city of Sievierodonetsk in eastern Ukraine

The Independent UK

EU wrestles with Russia oil embargo as leaders gather

European Union leaders are gathering in a new show of solidarity with Ukraine

Reuters

EU summit to agree sanctions should include Russian oil embargo with pipeline exemption - draft

European Union leaders are due to agree at a summit later in the day that the sanctions package under preparation should include an embargo on Russian oil imports as punishemnt for Moscow invading Ukraine, but exempt pipeline crude deliveries.

The Guardian - UK

Cost of budget pasta, bread and beef mince surges; German inflation near 50-year high– as it happened

Prices of budget pasta, crisps, bread and mince products have surged in last year, pushing up cost of living for poorest families

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