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The Latest Breaking News from Oil

'Greedy oil giants pocket benefits of Ukraine invasion while British families freeze'

'While Centrica made £100 a second, British Gas hired debt collectors who force-fitted pre-payment meters - it's clear we need a windfall tax to put people before greed'

Daily Mirror

PTTEP, Malaysian partners establish JV

PTT Exploration and Production Plc (PTTEP) continues to increase its oil and gas production through the exploration of a new source of petroleum in Malaysia in cooperation with two Malaysian firms.

Bangkok Post

Toxic oil destroyed LA couple’s embryos, lawsuit claims

LOS ANGELES — A Los Angeles couple filed a lawsuit Thursday against a maker of a crucial oil used by fertility clinics, saying it was toxic and destroyed their embryos.

Los Angeles Times

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3 Energy Stocks to Energize Your Portfolio

Resurgent global energy demand amid constrained supplies has created tailwinds for U.S. energy producers. Hence, it could be wise to invest in fundamentally strong energy stocks, Valero Energy (VLO), Marathon Petroleum (MPC), and Unit Corporation (UNTC), to make hay while the sun shines. Read on….

StockNews.com

Colorado ponders carbon storage in defunct oil and gas wells

Colorado lawmakers have proposed a bill to study whether a type of charcoal could be used to plug deserted oil and gas wells

The Independent UK

Five factors to explain FTSE 100’s record high despite recession

Economy and business backdrop is grim, but the energy boom and shareholder payouts have helped

The Guardian - UK

Science Museum sponsorship deal with oil firm included gag clause

Exclusive: museum in London agreed to take care not to say anything that could damage sponsor Equinor’s reputation

The Guardian - UK

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Anti-poverty campaigners rage as energy giants rake in cash

Anti-poverty campaigners are fuming after the parent of Britain’s biggest home energy supplier said earnings more than tripled last year as consumers struggled to pay soaring utility bills

The Independent UK

Ilemi Triangle spat: how resources fuel East Africa's border conflicts

For decades, African states have grappled with numerous interstate border disputes, especially in resource-rich regions. In east Africa, most of these conflicts are as old as independence. The disputes flare up every so often despite interventions by agencies of the African Union and the United Nations. A fresh war of…

The Conversation

Saudi Arabia aims for huge new downtown in Riyadh by 2030

Saudi Crown Prince Mohammed bin Salman on Thursday launched a company to carry out a hugely ambitious development in downtown Riyadh, as part of the leading oil exporter's plans to make its capital a global metropolis and diversify the economy.

Reuters

Best supplements for muscle growth from powders to tablets and oils

A new PB is on the way

Evening Standard

Oil-rich Norway donates $7.4 billion in aid to Ukraine

The parliament of oil-rich Norway has announced that the Scandinavian country is donating 75 billion kroner ($7.4 billion) to Kyiv as part of a five-year support package, making Norway one of the world’s biggest donors to war-torn Ukraine

The Independent UK

Factbox-Nigeria's election: when is the vote and what's at stake?

Voters in Nigeria, Africa's biggest economy and most populous nation, head to the polls on Feb. 25 to elect a new president and lawmakers amid growing frustration over unprecedented insecurity, industrial-scale oil theft and surging inflation.

Reuters

Whistleblower says 'Santos lied to all of us' over severity of oil spill, marine deaths off WA coast

A former Santos employee accuses the oil and gas company of covering up the severity of an oil spill he alleges killed dolphins off WA's coast.

ABC News

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The Guardian - AU

Santos whistleblower accuses company of covering up extent of Australian oil spill that killed dolphins

Anonymous whistleblower’s statement, tabled in parliament by David Pocock, described 25,000 litre spill of condensate near Lowendal Islands

The Guardian - UK

Centrica boss refuses to say if he will waive bonus after ‘obscene’ £3.3bn profit

Chris O’Shea urged to ‘look at his conscience’ amid cost of living crisis and prepayment meter scandal

Bangkok Post

Diesel price set to fall by 0.5 baht per litre

The domestic price of diesel is slated to fall by 0.5 baht a litre next Wednesday, down from 34.44 baht a litre, as global crude oil prices keep decreasing, says the Oil Fuel Fund Office (Offo).

The Conversation

How dangerous was the Ohio chemical train derailment? An environmental engineer assesses the long-term risks

Headaches and lingering chemical smells from a fiery train derailment in East Palestine, Ohio, have left residents worried about their air and water – and misinformation on social media hasn’t helped.

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The Independent UK

Alaska carbon plan: Boost state coffers without cutting oil

Alaska Gov. Mike Dunleavy is calling for the state to build off its oil and gas expertise to tap into the developing industry of carbon storage as a way to generate new revenue without curtailing the extraction industries that underpin Alaska’s economy

Boston Herald

Movie review: 'Marlowe' a tepid take on classic noir

“Marlowe” is an adaptation of the 2014 book “The Black-Eyed Blonde: A Philip Marlowe Novel” by Irish novelist and Booker Award winner John Banville (“Doctor Copernicus”), writing as his pseudonymous other self Benjamin Black. It is a detective story set in 1939 Los Angeles, featuring Raymond Chandler’s immortal modern-day knight…

Capital & Main

California Oil Industry Uses High Gasoline Prices to Roll Back Climate Agenda, Critics Allege

After industry lobbyists halted the oil and gas well safe-distance law, their well-funded referendum could sway voters with misinformation.

The Times of India

How Pakistan is taking desperate economic measures for IMF bailout

NEW DELHI: The Pakistan government is trying its best to secure a deal with the International Monetary Fund (IMF) for the release of a critical bailout package, failing which it can slump into default.

Evening Standard

Best Mother’s Day gift hampers to spoil her rotten

Favourite child trophy, guaranteed

Daily Mirror

Molly-Mae Hague swears by £6.50 Tisserand Aromatherapy Oil before bed to ‘relax’

In a recent vlog on her YouTube channel, Molly-Mae Hague went into great detail about her evening routine - and one of the products she loves to use in order to help her relax is from Tisserand Aromatherapy

Roll Call

Alaska Democrat: Environmentalism and oil need to 'coexist' - Roll Call

Rep. Mary Peltola took over Alaska’s at-large congressional seat with promises of bipartisanship that will require precise needle threading.

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