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The Latest Breaking News from Oil

New Zealand has announced a biofuel mandate to cut transport emissions, but that could be the worst option for the climate

Biofuels – and a broader bioeconomy – are key parts of New Zealand’s recently released first emissions reduction plan, particularly for transport, forestry and a transition to a more circular use of resources.

The Conversation

BP reaches $2.75M deal over Indiana refinery pollution

Oil titan BP has agreed to pay $2.75 million to settle a lawsuit over air pollution from its largest refinery

The Independent UK

S&P 500 Down 0.6%; Crude Oil Falls Sharply

U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite dropping over 100 points on Thursday.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Activists accused of breaching oil terminal injunction remanded in custody

Demonstrators, aged 24 to 78, appeared at the Royal Courts of Justice on Thursday afternoon following a protest at the Kingsbury Oil Terminal.

The Independent UK

Fracking: if Liz Truss wants a major shale gas industry, she is 280 million years late

In some respects, the UK has been among the world’s most successful countries at taking action against climate change over the past few decades. Yet that progress could be reversed and thrown away for a few years of slightly cheaper gas for a few people, and a lot of profits…

The Conversation

Could Wael Sawan usher in a renewable revolution at Shell?

Campaigners hope to see a radical shift under the former renewables boss but it is likely to be more continuation than revolution

The Guardian - UK

Soaring North Sea oil prices to 'boost' independence cause, economists say

SOARING oil and gas revenues from the North Sea could give arguments for Scottish independence a “boost”, experts have said.

The National (Scotland)

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Mongolian President says he supports Russia-China oil and gas piplines through Mongolia

Mongolian President Ukhnaagiin Khurelsukh said on Thursday that he supports the construction of oil and gas pipelines from Russia to China via Mongolia.

Reuters

‘Hat in hand’: Putin meets Xi for first time since Ukraine war

The Russian president’s encounters with the Chinese leader cannot be considered a meeting of equals, analysts say.

Al Jazeera

Four cancelled Bristol bus services saved by arrival of solar-powered operator

The Big Lemon runs its vehicles on sunshine and recycled cooking oil

Bristol Post

Strabane oil thefts prompt community watch set-up in a bid to protect elderly

“It’s vitally important that we as a community look after the most vulnerable in our community"

Belfast Live

Shell CEO to step down as oil giant looks to climate goals

Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge as oil and natural gas companies are under pressure to shift away from fossil fuels

The Independent UK

India’s procurement of Russian crude oil not under govt-to-govt framework: Foreign secretary

India’s procurement of discounted crude oil from Russia has seen a significant jump in the last few months notwithstanding an increasing disquiet over it by the Western countries

The Hindu

India, Russia to discuss energy security as oil, coal trade soars

India and other members of the Shanghai Cooperation Organisation (SCO) will discuss energy security at the regional security bloc's meeting in Uzbekistan, India's foreign secretary Vinay Kwatra said on Thursday.

Reuters

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Evening Standard

Shell chief executive Ben van Beurden to step down

The change at the top of the UK’s most valuable company is the 18th FTSE 100 CEO resignation announced in 2022

Reuters

Factbox-How does the Xi and Putin 'no limits' partnership work?

The last time Xi Jinping met Vladimir Putin face to face just before the Ukraine war, the two 69-year-old leaders sealed a "no limits" partnership between China and Russia that triggered anxiety in the West.

Tribune News Service

Quick Fix: Avocado cubes give these beef tacos fresh, creamy texture

Adding thin slices of steak to a taco makes a tasty and quick home-cooked weeknight meal. You can serve these tacos flat, and each person can make and fold their own. Or, if you like, you can serve them in a taco holder. If you don’t have one, bend aluminum…

Dynamite News

Trade settlement with Russia in rupees to start soon: Export body president

India will soon start settling trade with Russia in rupees as the State Bank of India has agreed to facilitate the process, the president of India's exporter group, Federation of Indian Export Organisations (FIEO), A Shaktivel told reporters on Wednesday. Read more on Dynamite News:

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news in one place.

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Asharq Al-Awsat

Iran Says Crew of Seized Greek Oil Tanker Replaced

The crew of one of two Greek oil tankers seized by Iranian armed forces in May have been replaced by their company, Iran’s foreign ministry said Wednesday. The Revolutionary Guard Corps seized the ships in the Gulf days after Greece said it would deliver Iranian oil it had taken from…

The Independent UK

Japan logs record Aug trade deficit on weak yen, costly oil

Japan has reported it posted a record trade deficit in August as costs for imports of oil, gas and other commodities soared

The Times of India

Acai oil benefits for Keratin-treated hair

Acai oil for keratin-treated hair can make your hair stronger, softer, and brighter. Acai, also referred to as "Purple Gold," contains a lot of protein, omega-3, 6, and 9 fatty acids, as well as vitamins A and E. These nutrients all work together to build hair and stop hair loss…

Benzinga

The Crude Oil Bull And Bear Case With Inflation Data, Russian Supply Front Of Mind

Financial instruments move in streaks — daily and weekly ones that lead to monthly ones. The price of the front-month contract for crude oil futures doubled from December 2021 to May 2022, ending November at $53.29 and ending May at $109.01.

Daily Record

Five natural home remedies for eczema to soothe itchy, dry or red skin

If you suffer from eczema, here are five easy home remedies that can relieve symptoms.

The Independent UK

Amtrak cancels long-distance passenger trains as rail strike looms

Carmakers say buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments from everything from oil to livestock feed could be disrupted

The Independent UK

OLD From carmakers to refiners, industries brace for rail strike

Carmakers say buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments from everything from oil to livestock feed could be disrupted

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