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The Latest Breaking News from Oil

Australia backs G7 Russian oil price cap

Australia will join the G7 nations and impose a price cap on Russian oil to drive down global oil prices while still putting a dent in Moscow's finances.

AAP

Lebanon Says to Take Novatek’s 20% Share in Oil and Gas Consortium

Lebanon said on Monday it will take over Novatek's 20% share in a consortium licensed to explore two offshore oil and gas blocs after the Russian gas giant decided to quit. The energy ministry said in a statement it had taken the decision to enter the consortium instead of Novatek…

Asharq Al-Awsat

5 nutrition myths Katrina Kaif's fitness instructor wants you to stop believing RIGHT NOW

Eating carbs is bad for human body! Fat consumption shoots up overall body fat percentage! Vegetarian food has low or minimal protein intake! These are some common food myths that we all have come across.

The Times of India

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Aldi releases a £3 perfect dupe for Charlotte Tilbury's £28 Lip Oil

The budget supermarket's lip oil is £25 cheaper than the more expensive option from Charlotte Tilbury

Daily Mirror

Australia joins global effort to starve Russia of war profits with oil price cap

The move comes before a European winter that could be decisive for the war in Ukraine, and soaring international energy prices.

The New Daily

Liz Truss's fracking plans are only 280 million years too late

UK's claimate change progress could be reversed and thrown away for a few years of slightly cheaper gas for a few people, and a lot of profits for even fewer

Wales Online

Egypt Underlines Growth in Activities, Economic Returns of Public Sector Oil Companies

Egypt's Minister of Petroleum and Mineral Resources Tarek el-Molla chaired on Sunday the meetings of the general assemblies of public sector oil companies, via video conference, to discuss and approve the results of FY 2021/22. He affirmed that the public sector oil companies have developed remarkably in recent years, citing…

Asharq Al-Awsat

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US Stock Futures Down Ahead Of Fed's Rate Decision This Week, Crude Oil Drops Over 1%

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Monday after recording losses on Friday. All the three major indices recorded losses last week, with the Dow Jones dropping 4.1% and the S&P 500 down 4.8%.

Benzinga

Out-of-the-lunchbox ideas help make eating fun for everyone

The right foods and a good strategy can make even the pickiest of eaters look forward to the midday meal.

Tribune News Service

Minister of Oil in Libya’s GNU Stresses to Asharq Al-Awsat Fair Distribution of Revenues

Minister of Oil and Gas in the interim Libyan Government of National Unity (GNU), Mohamed Aoun rejected local and foreign calls to distribute the country’s oil revenues on a sectorial basis, noting that such a move would spark disputes. In an interview with Asharq Al-Awsat, he stressed that the country’s…

Asharq Al-Awsat

Oil Dips on Recession Fears; Supply Concerns Limit Declines

Oil prices dipped on Monday as fears of a global recession caused concerns that fuel demand growth will slow, though supply worries ahead of the European Union embargo on Russian oil in December limited declines. Brent crude futures for November settlement fell 46 cents, or 0.5%, to $90.89 a barrel…

Asharq Al-Awsat

Outrageously good, fast weeknight dinner ideas

Temporarily free from the demands of picky eaters while her children were away, Margaux Laskey cooked everything she loved. Here’s some of those dishes

The Independent UK

World’s first public database on fossil fuels launched

Developers hope the Global Registry of Fossil Fuels will empower activists and investors to hold governments to account.

Al Jazeera

Burning world’s fossil fuel reserves could emit 3.5tn tons of greenhouse gas

The world will have released more planet-heating emissions than have occurred since the industrial revolution, analysis found

The Guardian - US

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Bangkok Post

Fallout from an 'economic war'

Thailand's customs-cleared export value continued to expand for a 17th consecutive month in July, but the growth rate slowed to 4.3% year-on-year after robust gains of 11.9% in June, 10.5% in May, 9.9% in April and 19.5% in March, which was the highest level since records began in 1991.

Tribune News Service

EU confronts opponent within who’s been boosted by Putin’s oil

The European Union unleashed an unprecedented punishment on one of its own, signaling that patience has worn out with Hungary — and Prime Minister Viktor Orban’s determination to engage with Russian President Vladimir Putin, while eschewing the democratic values of the bloc, makes the move all the more resonant.

USA Today Sports Media Group

T.Y. Hilton gets ‘Thank You’ banner outside Lucas Oil Stadium

The Colts put up a 'Thank You' banner for WR T.Y. Hilton.

The Guardian - UK

Brown stew chicken, corn fritters, Guinness punch pie – Melissa Thompson’s Jamaican recipes

With recipes she grew up with, plus new creations, the food writer’s first cookbook, Motherland, has a strong sense of place, history and family

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Asharq Al-Awsat

Yemen, UN, Netherlands Discuss Safer Tanker in Aden

A tripartite meeting between the Yemeni government, the UN, and the Netherlands was held in Aden to discuss the status of the FSO Safer tanker and efforts to initiate the implementation of the first phase of the UN plan to empty and maintain the tanker to avoid a global environmental…

Asharq Al-Awsat

Kuwait Oil Company Says to Increase Natural Gas Production

The state-owned Kuwait oil company aims to increase natural gas production to meet local demand, the company's acting chief executive officer Khaled Nayef Al Otaibi said on Sunday. "With the world recovering from the disruptions caused by COVID-19 pandemic, demand for oil and gas returned to its pre-pandemic levels in…

Nottingham Post

Mrs Hinch fans share peppermint trick costing 3p to keep spiders at bay

Spider mating season is upon us

Salon

Oil companies amp up their greenwashing

A new report finds that Big Oil spent $750 million last year on climate-friendly marketing

The Guardian - US

Criticism intensifies after big oil admits ‘gaslighting’ public over green aims

Fury as ‘explosive’ documents reveal largest oil companies contradicted public statements and wished bedbugs upon critical activists

Bangkok Post

PTT shifts gear to the EV industry

National oil and gas conglomerate PTT Plc wants to revamp its corporate image as a key manufacturer in the growing electric vehicle (EV) industry.

Bangkok Post

Offo eyes new diesel cap

The Oil Fuel Fund Office (Offo) is considering putting a new cap on the domestic diesel price via its subsidy scheme next week, following the recent decline of diesel reference prices in Singapore.

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