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The Latest Breaking News from Oil

Penneys shoppers rave about new Olaplex haircare dupes, which cost just €5

The new Penneys range includes a hair oil, a hair mask and moisturising pre-shampoo

Irish Mirror

Yellen, at G7, to underscore U.S. commitment to Ukraine for 'as long as it takes'

Treasury Secretary Janet Yellen on Thursday will underscore the United States' commitment to continue supporting Ukraine for as long as needed, while working with other rich nations to degrade Russia's ability to wage war against its neighbor.

Reuters

Human hair could be the ultimate recycled material as soil conditioner, to clean-up oil spills

It clogs up drains, sticks to your hairbrush, and no one wants it in their food, but hair is great for cleaning up oil spills and, when broken down, could improve your garden.

ABC News

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‘No Renewables’: Texas House Republicans Block Clean Energy in Political Ploy

Petroleum industry supports tax breaks for renewable energy projects but legislators refuse.

Capital & Main

Bangchak monitors crude prices amid recession fears

Thai energy conglomerate Bangchak Group is watching energy prices in the second quarter this year amid worries of a global recession, after posting a revenue increase of 16% in the first quarter.

Bangkok Post

Crude Prices Retreat on an Unexpected Build in EIA Crude Stocks

June WTI crude oil (CLM23 ) on Wednesday closed down -1.15 (-1.56%), and June RBOB gasoline (RBM23 ) closed up +1.50 (+0.60%). Crude oil and gasoline prices Wednesday settled mixed, with gasoline climbing to a 1-week high. A weaker dollar Wednesday was supportive of energy prices. Also, signs of strength...

Barchart

Do the PRRT changes in the budget go far enough to fix a 'broken' Petroleum Resource Rent Tax?

Economists and energy experts say the government is short-changing Australians with planned changes to the Petroleum Resource Rent Tax that will only raise an additional $2.4 billion over five years.

ABC News

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Donald Trump Election In 2016 A Crucial Challenge For Europe In Economic Competition With China

China had sought more influence in the Middle East as economic trading partners growing closer to Europe.

Zenger

Alberta wildfires test Premier Smith's crisis management skills ahead of election

An intense start to wildfire season in Canada's main oil province Alberta has put Premier Danielle Smith's disaster management skills - as well as her party's policies - under the microscope ahead of the provincial election on May 29.

Reuters

Russia-Ukraine war at a glance: what we know on day 441 of the invasion

Ukrainian official says Russians in Bakhmut have been pushed back by up to 2km; Russia’s Transneft reports attack on oil pipeline

The Guardian - UK

Crude Prices Fall as Weekly EIA Crude Inventories Unexpectedly Climb

June WTI crude oil (CLM23 ) this morning is down -0.92 (-1.25%), and June RBOB gasoline (RBM23 ) is up +1.76 (+0.71%). June Nymex natural gas (NGM23 ) is down -0.073 (-3.22%). Crude oil and gasoline prices this morning are mixed, with gasoline climbing to a 1-week high. A weaker...

Barchart

2 Energy Stocks to Turbocharge Your Returns

Soaring oil and gas demand and tight supply are anticipated to keep the energy sector well-positioned for considerable growth in the upcoming months. Given this backdrop, quality energy stocks Marathon Petroleum (MPC) and Permianville Royalty Trust (PVL) might be solid buys now. Read on….

StockNews.com

Key signs you're overwashing your hair and causing unnecessary damage, according to pro

A hair expert has explained how to tell if you're overwashing your hair and confirmed how often we should be shampooing and conditioning as a general rule of thumb

Daily Mirror

DR Congo in discussions with Uganda over use of crude pipeline

The controversial pipeline is for transporting Uganda’s crude to foreign markets when it begins production in 2025.

Al Jazeera

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The Independent UK

Rishi Sunak asked ‘how can you look your daughter in the eye’ over climate pledges

Prime minister criticised for allowing ‘climate-wrecking’ Rosefield oil development

Daily Record

Humza Yousaf launches net zero blueprint for clean energy but vows to back oil workers

In his first major business speech as First Minister at Glasgow's All-Energy conference, Yousaf set out plans to invest in renewables and 'green hydrogen'.

Wales Online

Expert reveals adding an unusual ingredient to your coffee could have health benefits

It comes after Starbucks launched the Oleato - a coffee containing olive oil-infused oat milk

The Independent UK

Yousaf: Just transition away from oil and gas is a moral imperative

The Scottish First Minister also said his Government will ‘rise to the challenge’ of decarbonisation.

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news in one place.

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Al Jazeera

UK court rules in favour of Shell in Nigerian oil spill case

The case is one of many legal battles Shell has been fighting after residents of oil-producing Niger Delta file suits.

Reuters

Russia's Transneft says Druzhba pipeline 'attacked' near Ukraine border - TASS

Russia's oil pipeline operator Transneft said on Wednesday that a filling point on the Europe-bound Druzhba pipeline in a Russian region bordering Ukraine had been attacked, the TASS news agency reported, citing the company.

The Guardian - US

‘Like Nagasaki’: devastating wildfires will only get worse, new book warns

Author John Vaillant’s Fire Weather chronicles the 2016 Fort McMurray blaze – Canada’s costliest natural disaster

Radio France Internationale

Invictus Energy makes major gas find in northeastern Zimbabwe

An Australian oil and gas exploration company says it has found high quality natural gas deposits in northeastern Zimbabwe, after months of exploration.

Evening Standard

Just Stop Oil activists block Moorgate traffic at rush hour in latest London protest

Just Stop Oil protesters blocked traffic on a major central London road on Wednesday morning, sparking rush hour commuter misery.

The Guardian - UK

UK tops list for fossil fuel sites in nature protected areas

Globally, fossil fuel extraction and exploration is taking place at almost 3,000 sites in conservation areas, analysis shows

The Independent UK

$3.4M fine proposed over 2021 California oil pipeline leak

A federal agency is proposing a nearly $3.4 million fine for an energy company over a 2021 oil pipeline spill that fouled Southern California beaches

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