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The Latest Breaking News from Oil

Filipino activists appeal to British banks over region devastated by oil spill

Environmentalists from the Philippines urge investors to avoid LNG projects which they say threaten the Verde Island Passage

The Guardian - UK

Island at the end of the world: Antarctic outpost faces uncertain times

The climate crisis, geopolitical upheaval, a burgeoning tourism and an ever-extending list of interests and actors are straining relations on King George Island

The Guardian - US

Newcomers Where's Jimmy go faster, harder

They are cut from the same cloth as AC/DC and Midnight Oil

Newcastle Herald

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Step by step, everything that will happen at the Coronation

There are five main elements to the day's events

Wales Online

Shell looks to sell stake in Cambo oil field

The oil major is looking for a buyer for its 30% holding in the controversial project

Insider UK

What is the Oil of Chrism?

The chrism oil which will be used to anoint the King during his Coronation is vegan friendly

Wales Online

Wagner threatens Bakhmut pullout over ammunition spat with Russian army

Yevgeny Prigozhin, head of Russian paramilitary group Wagner, on Friday threatened to pull his fighters from the front line in Bakhmut in eastern Ukraine starting May 10, saying ammunition shortages meant they faced "senseless death". Russia has incurred significant losses in Bakhmut since starting its offensive there in August. Follow…

France 24

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Who’s performing the Coronation ceremony and what happens?

The sacred ceremony will take place on Saturday 6 May at 11am

The Independent UK

King Charles III coronation: What happens in sacred anointing ceremony?

The coronation will take place on Saturday 6 May 2023

The Independent UK

New drone attack causes fire at Russia's Ilsky oil refinery - TASS

A drone attack on the Ilsky oil refinery in southern Russia, the second in as many days, has caused a fire, TASS news agency reported on Friday, citing emergency services.

Reuters

Nagaland to hold consultative meeting with tribal bodies before inking MoU on oil exploration with Assam: Deputy CM Patton

The Nagaland government has decided not to go ahead with signing any MoU with Assam on oil exploration before a final consultation is held with stakeholders and tribal bodies of the area, Deputy Chief Minister Yangthungo Patton said.

The Hindu

Biden dispatching top aide to meet with Saudi crown prince

President Joe Biden is dispatching one his top advisers to Saudi Arabia to meet with Crown Prince Mohammed bin Salman, the de facto leader of the oil-rich kingdom

The Independent UK

PPRP vows to stimulate economic growth

The Palang Pracharath Party (PPRP) on Thursday pledged to spur the country's economic growth with various projects, including injecting money into its old village fund, lowering energy costs and setting up a national energy resources organisation to handle natural gas and oil concessions.

Bangkok Post

'Energy firms give lavish returns to shareholders while the elderly freeze'

These are not the profits of enterprise, endeavour and innovation – they are the spoils of Vladimir Putin’s illegal war in Ukraine, which has sent energy prices soaring

Daily Mirror

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Daily Mirror

Fury as Shell makes £7.6BILLION in 3 months as Tory windfall tax failure blamed

The oil giant raked in a record £7.6billion in the first three months of this year, or £986 every second, and showered shareholders with £4.8billion

Bangkok Post

Dexon bullish on prospects

Despite several forecasts of a possible recession throughout the global economy, Dexon Technology chief executive Mallika Kaekla believes her company's strategy to expand overseas would help drive income this year.

Barchart

Crude Prices Slightly Lower on Global Energy Demand Concerns

June WTI crude oil (CLM23 ) on Thursday closed down -0.04 (-0.06%), and June RBOB gasoline (RBM23 ) closed up +0.38 (+0.16%). Crude oil and gasoline prices Thursday settled mixed, with crude falling to a 5-month low. A stronger dollar Thursday weighed on energy prices. Crude oil prices also fell...

Barchart

Crude Prices Weighed Down by Global Demand Concerns

June WTI crude oil (CLM23 ) this morning is down -0.15 (-0.22%), and June RBOB gasoline (RBM23 ) is down -0.08 (-0.03%). June Nymex natural gas (NGM23 ) is down -0.049 (-2.26%). Crude oil and gasoline prices this morning are modestly lower, with crude falling to a 5-month low and...

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The Independent UK

Takeaways from AP report on Guyana's nascent oil boom

Guyana is poised to become the fourth-largest offshore oil producer in the world, placing it ahead of Qatar, the United States, Mexico and Norway

Al Jazeera

Ukraine targets Russian fuel sites ahead of counteroffensive

Attacks intensified, more civilians were killed and Ukraine said its counteroffensive preparations were almost cooked.

The Independent UK

TfL pursues ‘final’ High Court injunctions against environment protesters

Activists from Just Stop Oil and Insulate Britain have caused chaos by blocking major roads around the capital and other disruptive actions.

Daily Mirror

Some Starbucks fans have shared same worry about chain's new olive oil infused coffee

While coffee fans are excited to try Starbucks' brand new Oleato range, which is infused with Partanna extra virgin olive oil to create a 'new experience', some are worried it may leave them rushing to use the toilet

Daily Mirror

I tried Starbucks new olive oil range and one drink is spicy

Mixing extra virgin olive oil and coffee is something that I didn't expect to work - but in some ways it actually did

The Independent UK

As oil boom transforms Guyana, a scramble for spoils

Guyana is poised to become the fourth-largest offshore oil producer in the world, placing it ahead of Qatar, the United States, Mexico and Norway

The Independent UK

Calls for tax ‘loopholes’ to be closed as Shell makes £1.4bn more than expected

The business made 9.6 billion US dollars in earnings in the first three months of this year.

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