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The Latest Breaking News from Oil

US, Allies to Set Russia Oil Price Cap in 'Next Few Days'

Washington and its allies are planning to finalize a price cap for Russian oil in "the next few days," as they seek to cut off a critical source of funding for Moscow, the US Treasury Department said Tuesday. The price cap would be the basis for a ban set to…

Asharq Al-Awsat

Meet the bright spark dog trained to sniff out faults in Scotland’s power network

Jac, a seven-year-old springer spaniel, can find scent of underground problems and point them out with his paw to engineers.

Daily Record

GPSC presses on with renewable energy bid

Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, aims to become a renewable energy-driven company by 2030 to help the government fight global warming and better cope with high global energy prices.

Bangkok Post

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Russia-Ukraine war at a glance: what we know on day 273 of the invasion

G7 nears a Russian oil price cap; Ukraine setting up ‘invincibility centres’ with heat and power for winter

The Guardian - AU

U.S says G7 should soon unveil price cap level on Russian oil, adjust regularly

The Group of Seven nations should soon announce the price cap on Russian oil exports and the coalition will probably adjust the level a few times a year rather than monthly, a senior U.S. Treasury official said on Tuesday.

Reuters

Just Stop Oil activists found guilty of criminal damage of Van Gogh painting

Emily Brocklebank, 23, and Louis McKechnie, 22, are found guilty of damaging the painting’s valuable picture frame during a protest in a London gallery

Evening Standard

Las Vegas will host NCAA Final Four in 2028

The NCAA also announced Tuesday that Ford Field in Detroit would host the Final Four in 2027, while Lucas Oil Stadium in Indianapolis would get the 2029 event and AT&T Stadium in Dallas would get the 2030 event.

Chicago Sun-Times

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Debris Analysis Shows Iran-Made Drone Attacked Tanker, Says US Navy

The US military on Tuesday said debris analysis has concluded that the same type of Iranian drone that Tehran has supplied to Russia for its invasion of Ukraine was used to attack a commercial tanker off the coast of Oman a week ago. The US Navy's Bahrain-based 5th Fleet published…

Asharq Al-Awsat

Nigeria drills for oil in new field as theft erodes earnings

Nigeria has begun drilling oil and natural gas in the country’s northern region, anticipating a boost to the nation’s finances even as the new energy supplies face the threat from theft and extremist activity

The Independent UK

BP declines to reveal how much ‘loophole’ saved it in windfall tax

MPs hear concerns that investment in North Sea oil and gas reduces the tax, effectively rewarding fossil fuels over renewables

The Guardian - UK

Just Stop Oil protesters guilty of criminal damage to Van Gogh frame

Activists caused permanent harm to frame holding Peach Trees in Blossom at a London art gallery, judge finds

The Guardian - UK

Climate activists guilty of criminal damage over Van Gogh painting glue protest

Just Stop Oil supporters Emily Brocklebank, 24, and Louis McKechnie, 22, guilty of causing just under £2,000 of criminal damage

The Independent UK

Just Stop Oil protesters caused nearly £2,000 of damage to Vincent Van Gogh painting

Emily Brocklebank, 23, and Louis McKechnie, 22, caused just under £2,000 of criminal damage to the 1889 work Peach Trees In Blossom at the Courtauld Gallery in London on June 30

Manchester Evening News

Energy dearth sets back renewable energy

The invasion of Ukraine caused an energy deficit — now European countries scramble to find fossil fuel options

Salon

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The Independent UK

Climate activist tells court Van Gogh may have agreed with painting protest

Just Stop Oil supporters Emily Brocklebank, 24, and Louis McKechnie, 22, have been found guilty of causing just under £2,000 of criminal damage.

The Independent UK

Bulking season: A chicken and broccoli recipe that isn’t boring

An even bigger win? It all happens in a single frying pan

Tribune News Service

Gas prices falling ahead of Thanksgiving holiday. Here’s how much lower they could get

Easing the financial strain of higher turkey costs, gas prices are falling across the country as the Thanksgiving Day holiday approaches.

The Independent UK

US Navy probe: Iranian drone struck Israeli-linked tanker

The U.S. Navy says its investigators have concluded that an Iranian drone was used to bomb an oil tanker linked to an Israeli billionaire last week

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StockNews.com

2 Energy Stocks That Are Crushing the Market Right Now

Rumors of OPEC increasing output were negated by Saudi Arabia amid the embargo on Russian oil. This could translate to a tight supply this winter. Hence, quality energy stocks Marathon Petroleum (MPC) and Valero Energy (VLO), which have crushed the market this year, could be solid buys now. Read on….

The Independent UK

Cool beans: Two comforting and climate friendly legume recipes

These winter warmers are perfect for the cooler months ahead

The Independent UK

7 luxury beauty gifts to spoil your loved ones with this Christmas

For premium products at a fraction of the price head to beautypie.co.uk

Reuters

Analysis-At World Cup, Saudi crown prince moves back on to global stage

When Saudi Arabian Crown Prince Mohammed bin Salman took his seat next to the FIFA president at the World Cup opener in Qatar, it capped a remarkable turnabout in his fortunes - even before the Saudi team put a new feather in his cap by beating Argentina on Tuesday.

The Independent UK

Van Gogh painting ‘may have increased in value after climate protest’, lawyer claims

Just Stop Oil supporters Emily Brocklebank, 23, and Louis McKechnie, 22, are accused of damaging a valuable picture frame

The Independent UK

Lawyer tells trial Van Gogh painting ‘may have increased in value after protest’

Just Stop Oil supporters Emily Brocklebank, 23, and Louis McKechnie, 22, are accused of damaging a valuable picture frame.

The Independent UK

Bulgaria to let Russian oil refinery export despite EU ban

Bulgaria will allow a Black Sea refinery owned by a Russian oil company to keep operating and exporting oil products to the European Union until the end of 2024 despite warnings by Brussels that it is against the bloc’s sanctions

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