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The Latest Breaking News from Oil

Iraq Extends Lebanon Fuel Deal for One Year

Iraq's government has agreed to continue supplying Lebanon's electricity company with heavy fuel oil for another year, Lebanon's caretaker prime minister said on Thursday, alleviating pressure on Lebanon's struggling power grid. Najib Mikati said he had made the request to Iraq's Prime Minister Mustafa al-Kadhimi, who agreed to extend the…

Asharq Al-Awsat

Garden decking ideas – 32 ways to deck your garden and create the ultimate outdoor living area

Transform your space with these brilliant garden decking ideas

Ideal Home

Oil India net profit triples on oil, gas price boost

NEW DELHI: Oil India Ltd (OIL), the nation's second-largest state explorer, reported a tripling of its net profit in the June quarter on record oil and gas price realisation.

The Times of India

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Hashish oil valued at ₹10 crore seized

PALAKKAD

The Hindu

Gas prices drop below $4 a gallon. These factors will determine what happens next

The national average price of gasoline has fallen below $4 a gallon. These are four key factors that could determine what happens next with prices at the pump.

WEKU

What is a windfall tax and will it be extended to UK energy providers?

Explainer: Up to £4bn could be raised from levy on electricity generators, but ministers are rowing back on idea

The Guardian - UK

Bring back the flavours of your holiday with these Mediterranean recipes

From a lamb chop showstopper to a fruity dessert that’s both sweet and salty, here’s our favourite recipes for a Mediterranean meal to remember

The Independent UK

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Oil Ministry to divert gas from industries after CNG, piped gas prices jump 70% in a year

Use of domestic gas instead of imported fuel will bring down the cost of raw material and ease CNG and PNG rates, officials said.

The Hindu

Best hair perfumes and fragrances for women: Find the perfect scent

Make fragrance the mane event

Evening Standard

Best oud fragrances for a rich and long lasting scent

Here for a good time - and a long time

Evening Standard

Mark Zeigler: Brittney Griner has trade value a teacher does not

The American arrived at Sheremetyevo airport outside Moscow and was arrested after a luggage search found vape cartridges containing cannabis oil that was prescribed by a U.S. doctor to treat chronic pain. There were various detention facilities, a guilty plea, a hearing in front of Russian judge and an implausibly…

Tribune News Service

Egyptian scholar at Assam university develops biodiesel from food waste

Khalifa Said H. Eldeihy worked on residual food items such as soybean cooking oil waste and leaves of radish and sweet potato

The Hindu

M53 to close this weekend so ENORMOUS oil refinery kit can be moved

The module is so big it will have to straddle both sides of the motorway

Manchester Evening News

Gas prices dip just below $4 for the first time in 5 months

Gasoline prices are dropping back toward the $4 a gallon mark, their lowest point in more than five months

The Independent UK

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Tribune News Service

Commentary: To truly protect the climate, Biden must tighten methane limits

The Democrats’ long-sought tax and energy legislation finally passed by the Senate is a critical breakthrough in America’s effort to meaningfully reduce greenhouse-gas emissions. That’s the good news. More worrisome is what the bill fails to do to limit fugitive methane from oil and gas production.

Daily Record

'Shameful' tax loophole which benefits oil giants must be closed, demands Labour

Shadow Chancellor Rachel Reeves has revealed how oil companies get over 90p of every £1 invested in the North Sea back as a tax break.

Bangkok Post

Demand destruction the new buzzword

On Feb 23, a day before Russia invaded Ukraine, the world crude oil price was US$90.60 (3,221 baht) per barrel. Russian oil supply disruption and demand recovery from Covid-19 dragged the crude oil price to almost $120 at the end of May, after the US and European central banks sent…

Wales Online

Supermarkets still refuse to bring petrol prices down to correct level, says RAC

Motoring organisation claims the big four – Tesco, Sainsbury's, Asda and Morrisons – are not passing on the full drop in cost of oil

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Reuters

Brazil's Bolsonaro pledges privatizations if re-elected; mum on Petrobras

Brazil's President Jair Bolsonaro did not mention privatizing state-controlled oil company Petrobras in his re-election plan released on Wednesday that promises to continue pursuing policies that reduce the size of the state.

Wales Online

Trees are dying and shedding their leaves early because of the record-breaking in Wales

It looks like autumn already in some parts of Wales

Daily Mirror

Supermarkets slammed for not passing on fuel price cut to struggling customers

Tesco, Asda, Sainsbury's and Morrisons are presumed to be among the biggest retailers who have failed to cut fuel prices despite a "significant" drop in wholesale costs

Daily Record

12 BBQ cooking habits which can raise your risk of food poisoning

If your planning on hosting a cook-out for friends or family, you may want to keep these cooking tips in mind.

Birmingham Post

North East energy recruiters rebrand to Visuna following expansion to bigger base

Visuna is the new name for offshore recruiters Oil Consultants which has diversified into the wider energy and tech sector

The Times of India

India to start supplying petrol with 20% ethanol from April 2023

PANIPAT: India will start supplying petrol with 20 per cent ethanol at select petrol pumps from April next year and will ramp up supplies thereafter as it looks to cut oil import dependence and address environmental issues.

Daily Mirror

Man gets stuck all night up to neck in oily pit after falling in on way home for work

A man in Russia's oil region of Tatarstan was involved in a desperate situation in which he became stuck in a pool of bitumen. He was eventually found covered form head to toe and rescued

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