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The Latest Breaking News from Oil

Just Stop Oil activists accused of £100,000 damage in Treasury red paint stunt

Three Just Stop Oil protestors are accused of causing more than £100,000 of damage when red paint was daubed on the Treasury.

Evening Standard

‘Actually a fraud’: NSW Treasurer unleashes on independent

NSW Treasurer Matt Kean says an independent candidate in the NSW election is a fake who deserves to have her T-shirts "smeared in black oil".

The New Daily

Project scales up bio-based oil

BBGI Plc, SCG Chemicals Plc and QTC Energy Plc have signed a commercial collaboration agreement to jointly develop and manufacture bio-based transformer oil in a production trial said to be the first of its kind in Thailand.

Bangkok Post

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Ukraine’s leading campaigner against Russian fossil fuels refused entry to top US energy conference

Svitlana Romanko travelled from her home in Ivano-Frankivsk, western Ukraine, to Houston, Texas before being denied entry to the event

The Independent UK

UN signs deal to salvage stranded oil from tanker off Yemen

The United Nations says it has signed an agreement to purchase a very large vessel that can transfer more than 1 million barrels of crude now stranded in a rusting old tanker off the coast of war-torn Yemen

The Independent UK

Experts warn against viral hack for defrosting windscreen as it may result in hefty fine

Driving experts have warned against a social media craze showing how to defrost vehicle windows using a popular oil as it could result in costly consequences for your motor

Daily Mirror

Shell’s van Beurden gets lucky. Harbour Energy doesn’t

Former CEO did handsomely on the back of high oil and gas prices while the windfall levy hits the small players harder

The Guardian - UK

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‘Outrageous’ Shell bonus triggers call for higher windfall tax – but UK firms take hit from levy

‘The money being made out of Putin’s war should be helping struggling families’

The Independent UK

Harbour Energy‘s profits ‘all but wiped out’ by windfall tax

UK oil and gas producer plans to cut both jobs and investment due to the energy levy backlash

Insider UK

U.S. sanctions China-based network accused of supplying Iran drone maker

The United States on Thursday imposed sanctions on a China-based network over accusations it has shipped aerospace parts to an Iranian company involved in the production of drones that Tehran has used to attack oil tankers and exported to Russia.

Reuters

Olive oil by-product could aid exercise: Research

According to new research, a natural byproduct of olive oil production may have antioxidant properties and may help with exercise. Read further on Dynamite News:

Dynamite News

Five Dublin food businesses served closure orders in February

From rat droppings and dead mice, to water leaking from the staff toilet, soaking the carpet and flowing into the food storage area, here are the main reason why five venues in Dublin were closed in February

Dublin Live

Shell CEO pay up 50% as soaring energy prices boosted profit

The pay package for Shell’s CEO jumped by half last year to nearly $12 million

The Independent UK

New Utah oil railroad by Colorado River raises health and climate fears

Railway is forecast to quadruple crude oil production in the Uinta Basin and will damage Biden’s climate credentials, campaigners say

The Guardian - US

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The Guardian - UK

North Sea’s biggest energy producer claims UK windfall tax ‘wiped out’ surge in profit

Harbour Energy says it had to cut jobs and investment at same time as announcing new shareholder payouts taking total to $1bn

Bangkok Post

A year after the Ukraine invasion, oil market much changed

HOUSTON: A year after Russia's invasion of Ukraine, the oil market has become more fragmented and uncertain, a dynamic expected to boost crude prices over the long term.

ABC News

Burnett Mary Regional group to produce biofuel with commercial pongamia crop

An environmental group is set to produce biofuels for the Japanese aviation industry by establishing a commercial pongamia plantation in Queensland.

Al Jazeera

US issues warrant for $25m aeroplane owned by Russian oil giant

US government alleges the Boeing-made plane violated sanctions and commerce law by travelling to and from Russia.

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news in one place.

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Reuters

US gets warrant to seize plane owned by Russian oil firm Rosneft

The United States on Wednesday obtained a warrant to seize a Boeing aircraft owned by Russian oil company Rosneft that is valued at over $25 million, the U.S. Justice Department said.

Bangkok Post

TOP allots $1bn capex to support growth

Thai Oil Plc (TOP), the country's largest oil refinery by capacity, plans to allocate capital spending worth US$1 billion to grow its businesses between 2023 and 2025, with half the budget going to the Clean Fuel Project (CFP).

Tribune News Service

Scalise says House will move on GOP energy package this month

WASHINGTON — The House will take up legislation on energy issues during the last week of March, House Majority Leader Steve Scalise said Wednesday.

StockNews.com

Give Your Portfolio an Energy Boost With These 4 Stocks

Regardless of the retreat in oil and gas prices from their peaks almost a year ago, resurgent global energy demand amid constrained supplies appears to be an enduring tailwind for U.S. energy producers. Hence, it could be wise to invest in fundamentally sound energy stocks, Valero Energy (VLO), Unit Corporation…

Daily Mirror

Man's 'crippling' £3K bills after replacing boiler with Government-backed heat pump

The government is providing grants for up to £5,000 to home owners who remove a gas central heating and hot water system and replace it with a heat pump

The Independent UK

TikTok campaign targets Biden on proposed Alaska oil project

A social media campaign is urging President Joe Biden to reject an oil development project on Alaska's North Slope

Roll Call

Scalise: Broad GOP energy package to House floor this month - Roll Call

The House will take up legislation on energy issues during the last week of March, the chamber's majority leader said Wednesday.

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