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The Latest Breaking News from Oil

Wall Street activist Dan Loeb says Shell risks becoming ‘tarnished’ unless it heeds his break-up call

Loeb’s Third Point Investors has been pushing for a break-up of Shell, calling its current business ‘confusing and unmanageable’

Evening Standard

A Peek Into The Markets: US Stock Futures Signal Lower Start On Wall Street

Pre-open movers

Benzinga

Indonesia faces international pressure over palm oil export ban

Signs of discontent with Jakarta are emerging in countries that rely heavily on palm oil, including India and Pakistan.

Al Jazeera

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Love to cook? This Twin Cities photographer turns recipes into a cookbook

Heirloom Collaborative is preserving food memories with personalized cookbooks.

Tribune News Service

When life hands you lemons, make lemony lamb chops, or a lemon tart, or ...

Lemons get a bad rap.

St. Louis Post-Dispatch

Saudi Arabia Cuts Oil Prices to Asia by More than 50%

Saudi Arabia cut oil prices for buyers in Asia as coronavirus lockdowns in China weigh on demand, countering uncertainty around Russia’s supplies as the Ukraine war drags on. Aramco is expected to cut the official selling price (OSP) for flagship Arab Light crude to Asia in June by more than…

Asharq Al-Awsat

Baghdad-Erbil Crisis Looms after Oil Talks Collapse

Iraqi Oil Minister Ihsan Abdul Jabbar has dropped a bombshell by acknowledging that no agreement has been reached with the Kurdistan Regional Government (KRG) over oil and energy, warning of a crisis erupting between Baghdad and Erbil. Last March, the Federal Supreme Court announced a binding and final decision for…

Asharq Al-Awsat

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Diesel capped at B32 this week

The state oil fund committee decided on Monday not to halve the subsidy for standard B5 diesel and continue capping the pump price at 32 baht per litre this week.

Bangkok Post

Zelensky blames Russia for 60 civilian deaths; G7 rallies behind Ukraine

Russian bombing of a school sheltering civilians claimed 60 lives, Ukraine said on Sunday, as the G7 group of the west's leading economies reaffirmed their solidarity with Kyiv on the eve of Moscow's plans for a major celebration to mark the anniversary of allied victory in World War II.

Radio France Internationale

Foreign investors shun LIC IPO over market risks

NEW DELHI: Foreign institutional investors have on the whole steered clear of India’s biggest share sale, deeming it too expensive given currency risks and the global market backdrop.

The Times of India

Australia looks to fill Asia’s energy gap amid Ukraine crisis

Australia is seeing increased demand for its liquefied natural gas and coal as war and sanctions upend energy supplies.

Al Jazeera

Inside one of the first licensed medical cannabis labs in Britain

Under tightly controlled conditions, Celadon Pharmaceuticals’ site will initially focus on chronic pain treatments

The Guardian - UK

Live updates | Japan joins G-7 effort to quit Russian oil

Prime Minister Fumio Kishida says Japan will slowly phase out Russian oil imports in unity with the Group of Seven’s effort against Russia’s invasion of Ukraine

The Independent UK

Asian shares mostly fall as rate hikes, China slowdown loom

Shares are lower in most Asian markets as interest rate hikes and a slowing Chinese economy weigh on investor sentiment

The Independent UK

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Tribune News Service

Japan’s Kishida says phasing out Russian oil to take time

Japanese Prime Minister Fumio Kishida said it would take time to phase out imports of Russian oil, hours after he joined other Group of Seven leaders to impose a ban on crude over the Kremlin’s invasion of Ukraine.

ABC News

ASX slides, Westpac jumps after dividend improves and expenses forecast to fall

Australian shares have fallen, dragged lower by mining stocks, with investors globally maintaining a cautious stance over rate-hike worries and as tightening COVID-19 restrictions in Shanghai fuelled concerns about a possible recession.

Al Jazeera

Ukraine latest updates: UN rights body to hold session on Ukraine

Over 50 member states back Kyiv’s request for meeting, which will address alleged Russian rights violations in Ukraine.

Reuters

Trudeau: Canada to be good energy partner with Europe but won't compromise climate goals

Canada wants to be a good energy partner to Europe but will not abandon its climate goals and planned transition to cleaner fuels, Canadian Prime Minister Justin Trudeau said late on Sunday.

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news in one place.

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Salon

A new take on a nostalgic Southern cake

A delicious and elegant finish to any springtime gathering

Reuters

Bulgaria says will veto EU oil sanctions on Russia if it does not get derogation

Bulgaria will not support European Union's new set of sanctions against Russia if the Balkan country does not get a derogation from the proposed ban on buying Russian oil, Deputy Prime Minister Assen Vassilev said late on Sunday.

ABC News

More than 2,000 submissions made on proposed Viva Energy LNG terminal in Geelong

A proposed LNG import terminal at Corio Bay in Geelong's north could help solve a looming gas shortage for Victoria. But it faces strong opposition from environmentalists and community groups who say the project is at odds with the state's goal to dramatically rein-in greenhouse gas emissions.

Mic

Embarrassing eyesores in your home you can actually fix so cheaply & easily

Eyesores that used to be bothers sometimes become part of the scenery. Luckily, most of these problems can be easily fixed — for cheap.

Inverse

You could save so much money around the house if you tried any of these 40 tricks

For quite a while now I have been trying to spend less money frivolously so I can save up to spend it instead on things I want — like a house, car, and vacations. It’s going well.

Salon

What, me worry about climate?

A very human way of thinking is limiting our ability to stop the climate apocalypse. Some of us can overcome it

The Guardian - UK

Putin’s actions in Ukraine bring shame on Russia, says G7

Statement to mark 77th anniversary of end of second world war condemns ‘an attack on feeding the world’

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