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The Latest Breaking News from Oil

UAE state oil firm moves up net zero climate target to 2045

A state-run oil giant in the United Arab Emirates says it has moved up its target for achieving net zero emissions in its operations to 2045

The Independent UK

Approving Rosebank oil and gas field would be ‘death sentence’ say activists

If approved, it would lead to around 500 million barrels of oil being produced, with the Government saying it is necessary for energy security

Evening Standard

Majority of Scots back alternatives to gas boilers, study suggests

MORE than half of Scots back policies to phase out fossil fuel boilers, a poll has suggested.

The National (Scotland)

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Sunak’s new oil and gas licences are ‘moral and economic madness’

PM becomes ‘dangerous radical’, in words of UN chief, by backing fossil fuels incompatible with net zero goals

The Guardian - UK

I’ve spent 50 years studying one seabird colony fight its way back from near extinction – now it faces new threats

Over the past few decades, Skomer Island off the south coast of Wales has witnessed a remarkable resurgence in its guillemot population. Before 1930, Skomer was home to over 100,000 common guillemots. But by the end of the second world war, this number had plummeted by about 95% and continued…

The Conversation

Just Stop Oil protesters deny trespassing on Lord’s during Ashes Test

Judit Murray, 69, Daniel Knorr, 21, and Jacob Bourne, 27, are accused of running onto the pitch to disrupt the match between England and Australia.

The Independent UK

What is carbon capture and will it help the environment?

The PA news agency looks at the details of the controversial technology after the Government declared its continued support for the industry.

The Independent UK

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Humza Yousaf reacts to new North Sea oil and gas licences announcement

HUMZA Yousaf has said that the Prime Minister’s decision to “signal unlimited oil and gas extraction” is a sign that the UK Government “is…

The National (Scotland)

Best lip masks to soften and smooth your lips

Soft, smooth lips as you slumber

Evening Standard

Furious activists accuse UK Government of 'blatant climate change denial'

FURIOUS environmental campaigners have accused the UK Government of "blatant climate change denial” after it confirmed over 100 North…

The National (Scotland)

UK to grant hundreds of new oil and gas licenses, ignoring calls from environmentalists

Britain says it will grant hundreds of new oil and gas licenses in the North Sea in a bid for energy independence

The Independent UK

Sunak says approving new licences for oil and gas drilling ‘entirely consistent’ with net zero plan – as it happened

The government’s former net zero tsar says Sunak’s announcement ‘is the wrong decision at precisely the wrong time’

The Guardian - UK

New North Sea oil and gas licences will send ‘wrecking ball’ through climate commitments

Tory MP and environmental groups criticise Rishi Sunak’s announcement of 100 new licences

The Guardian - UK

Rishi Sunak commits to hundreds of new North Sea oil and gas licences alongside carbon capture investment

The prime minister said he is backing the North Sea oil and gas industry to ‘make Britain more energy independent’

The Independent UK

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The Guardian - UK

UK mortgage approvals jump unexpectedly; eurozone returns to growth as inflation falls – as it happened

UK mortgage approvals rise to eight-month high in June, while eurozone GDP rises after narrowly avoiding winter recession

The National (Scotland)

Rishi Sunak announces hundreds of new oil and gas licences for North Sea

THE Prime Minister has confirmed that hundreds of new North Sea oil and gas licences will be granted in the UK.

Evening Standard

Rishi Sunak announces hundreds of new oil and gas licences for UK despite global warming

The PM stressed the move will safeguard jobs but it risks a backlash from people increasingly alarmed by climate change

Evening Standard

Just Stop Oil pitch invaders tackled by Jonny Bairstow at Lord’s say ‘prove the Ashes are legal’

Just Stop Oil protest Ashes Lord’s Cricket Ground court charged jonny bairstow tackle

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The Independent UK

Rishi Sunak set to stress North Sea energy opportunities in Scotland

The prime minister is expected in Aberdeenshire for a series of announcements on energy

The Independent UK

Sunak set to stress North Sea energy opportunities in Scotland visit

The Prime Minister is expected in Aberdeenshire on Monday for a series of announcements on energy.

The Guardian - UK

Rishi Sunak to use Scottish trip to attack Labour stance on North Sea oil

Visit to Aberdeenshire intended as chance for PM to criticise opposition with reports he could announce 100 new drilling licences

The Conversation

More corrupt, fractured and ostracised: how Vladimir Putin has changed Russia in over two decades on top

Vladimir Putin’s own version of history casts himself as modern Russia’s bulwark and champion.

Newsroom.co.nz

Mainfreight profitability slumps as freight volumes decline

Business wrap: NZX fails to rally; Rising oil prices threaten new inflation headwind; Big logistics company imposes a hiring freeze as earnings fall 43 percent. Markets editor Andrew Patterson reports.

The Times of India

Modi government looting people, ruthlessly profiteering from petrol, diesel: Jairam Ramesh

NEW DELHI: Congress general secretary in-charge of the communications department Jairam Ramesh levelled a serious allegation against the Narendra Modi government at the Centre by stating that it is looting the people and resorting to brazen profiteering by selling cheap oil at exorbitant prices.

The Hindu

Congress accuses the Modi government of profiteering from low international crude prices

Congress general secretary Jairam Ramesh quoted a CRISIL report to argue that public sector oil companies would make an operating profit of ₹1 lakh crore as against ₹33,000 crore last year.

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