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The Latest Breaking News from Oil

Cop28 host UAE’s approach is ‘dangerous’, says UN’s ex-climate chief

Christiana Figueres says focus on carbon capture is direct threat to survival of vulnerable countries

The Guardian - UK

Tesco and Aldi cut price of pasta and cooking oil - see list of reduced items

Tesco's line of own brand pasta, such as penne and spaghetti, has been reduced by 15p and its vegetable and sunflower oil have been reduced by up to 15p

Daily Mirror

Tesco announces change to price of 30-products, including oil and pasta

Sainsbury’s and Tesco also recently cut the price of milk by at least 5p, followed by Aldi, Lidl and Asda

Wales Online

From analysis to the latest developments in health,
read the most diverse news in one place.

Oil giant ExxonMobil settles long-running Indonesia torture case

The trial in the 22-year-old case brought by villagers in Aceh province was due to start next week.

Al Jazeera

South Australia tells gas industry the state is ‘at your disposal’

SA energy minister tells industry ‘we are here to help’ while federal resources minister Madeleine King promotes carbon capture and storage

The Guardian - AU

Trudeau visits military personnel fighting Alberta wildfires

Widespread blazes mark an intense start to wildfire season in Canada’s oil-rich province of Alberta.

Al Jazeera

Crude Posts Moderate Gains on the Outlook for Stronger U.S. Fuel Demand

June WTI crude oil (CLM23 ) on Monday closed up +1.07 (+1.53%), and June RBOB gasoline (RBM23 ) closed up +4.18 (+1.72%). Crude oil and gasoline prices Monday shook off early losses and closed moderately higher. A weaker dollar Monday gave energy prices a boost along with expectations for U.S....

Barchart

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Ecuadorean authorities detain former energy minister in bribery probe

Ecuadorean authorities have detained a former energy minister amid an investigation into alleged bribery linked to state oil firm Petroecuador, the attorney general's office said on Monday.

Reuters

Exxon kills the ‘God pod,’ a 20,000-square-foot palace for its C-suite that excluded most employees

For 25 years, a handful of Big Oil execs had private chefs prepare their meals in gilded surroundings dotted with fine art. No longer.

Fortune

The Best Energy Stock to Buy in the Industry

Given the strong outlook for the oilfield services industry, energy services company NCS Multistage Holdings (NCSM) could be a solid portfolio addition now. Let’s look at the trends of some of its key financial metrics….

StockNews.com

Oneok Stock Tumbles After Megadeal for Magellan Midstream Partners

Oneok stock sold off sharply over concerns about diluting shareholders and diversifying into the oil side of the oil & gas business. Time to buy?

Kiplinger

Asparagus, quinoa and ‘mimosa egg’ salad is light, healthy and ideal for any meal

“Eggs mimosa” is a French culinary term for grated or grated hard-cooked eggs.

Chicago Sun-Times

Crude Prices Climb on Outlook for Stronger U.S. Fuel Demand this Memorial Day

June WTI crude oil (CLM23 ) this morning is up +1.10 (+1.57%), and June RBOB gasoline (RBM23 ) is up +1.08 (+0.44%). June Nymex natural gas (NGM23 ) is up +0.109 (+4.81%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar today is giving energy prices...

Barchart

California Bill Would Hit Oil Companies With $1 Million Penalty for Health Impacts

The first of its kind legislation holds companies liable for illness from urban drilling.

Capital & Main

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Reuters

Canadian PM Trudeau visits Alberta as wildfires rage

Prime Minister Justin Trudeau visited Alberta on Monday as raging wildfires prompted mass evacuations and reduced energy production in Canada's main oil-producing province, where meteorologists expect virtually no rain for 10 days or so.

The Guardian - UK

Adverts claiming products are carbon neutral by using offsetting face UK ban

Advertising watchdog to begin stricter enforcement on use of terms such as ‘carbon neutral’ amid concerns over offsets

Insider UK

Cammach launches new drilling and wells division

The oil and gas recruitment agency has also appointed a new managing director

Daily Record

Aldi fans 'can't live without' Charlotte Tilbury 'dupe' costing just £3.49

Beauty fans have long been calling for the popular 'dupe' to make a return to stores.

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The Independent UK

Yes, you can use Italian pasta to make `Asian noodles'

With bold, exciting flavors and fast cooking, savory Asian noodles are ideal for weeknight meals

The Independent UK

Norwegian officer found guilty of negligence over sinking of Navy frigate

The duty commander of a Norwegian Navy frigate that sank following a collision with an oil tanker, has been found guilty of negligence

The Independent UK

How to make TikTok’s viral whole roasted cauliflower

Desert Island Dishes podcast host Margie Nomura shares the recipe for her viral whole roasted cauliflower so you can impress all your friends this National Vegetarian Week and beyond

The Independent UK

Biden proposal would let conservationists lease public land much as drillers and ranchers do

More than a century after the U.S. started selling oil leases on public lands, the Biden administration is seeking to let conservationists lease government property to restore it

The Independent UK

Stock market today: Asian markets, oil lower as recession fears, debt ceiling darken outlook

Asian shares are mostly lower though Tokyo's benchmark has gained after a decline Friday on Wall Street driven by renewed worries over a possible recession

Salon

Own your own kitchen with this A+ recipe

Sometimes, you crave more than a weeknight meal or crockpot convenience. Show off your kitchen skills instead

The Independent UK

Kerry challenges oil industry to prove its promised tech rescue for climate-wrecking emissions

Oil and gas producers talk up technological breakthroughs they say will soon allow the world to drill and burn fossil fuels without worsening global warming

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