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The Latest Breaking News from Oil

Indonesian court jails former trade official, palm oil company execs

An Indonesian court on Wednesday sentenced a former senior official at the trade ministry and three palm oil company executives to jail in a case about improper palm oil export permits, according to lawyers.

Reuters

Consuming Extra Virgin Olive Oil During Pregnancy Boosts Breast Milk Quality

Our results support that diets enriched with extra virgin olive oil could modify or increase the chemical content of breast milk.

Zenger

The hidden gem cookbooks from 2022 that you might have missed

Prudence Wade picks out the best foodie books you won’t want to miss from this year

The Independent UK

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

Germany lagging emissions goals despite renewables boom - think tank

Germany's carbon dioxide emissions held steady last year, jeopardising its climate targets as higher use of oil and coal offset lower energy consumption and record renewables output, data from climate think tank Agora Energiewende showed on Wednesday.

Reuters

Warning to dog walkers after toxic oil berg washes up on beach in Wales

Many dogs have become seriously ill or died after licking or eating oil bergs

Wales Online

Investors fear Petrobas's new CEO—despite his energy industry pedigree

The appointment of Jean Paul Prates as CEO of the state-owned Petrobras sparked a selloff in the oil giant's stock.

Fortune

Innobic profit driven by pharma interests

Innobic (Asia), the life science arm of national oil and gas conglomerate PTT Plc, expects to earn first-year profit of more than 100 million baht, driven in particular by its medicine business.

Bangkok Post

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BCPG to expand via Asia Link acquisition

BCPG Plc, the clean power generation arm of energy conglomerate Bangchak Corporation Plc, is acquiring the entire shareholding in Asia Link Terminal Co, a provider of oil storage services, in a move aimed at expanding its businesses related to oil terminal and seaport projects.

Bangkok Post

FTX crypto founder Sam Bankman-Fried pleads not guilty, ASX rebounds

Australian shares have rebounded from a two-month low, despite losses on Wall Street as shares of Apple and Tesla slumped, while FTX founder Sam Bankman-Fried pleads not guilty to fraud charges.

ABC News

Photo of Bolsonaro eating KFC in Florida after Brazil election loss inspires memes – and even an oil painting

Defeated right-winger skipped Lula’s inauguration and went to Florida instead

The Independent UK

Federal opposition to ESG in 2023

From state treasurers divesting pension and operating funds from BlackRock and other ESG providers to state attorneys general investigating the same providers over the impact of ESG on assorted policy matters, state officials led the pushback against environmental, social, and corporate governance investing in 2022.

Ballotpedia

Iraq Oil Revenues Top $115 Billion in 2022

Iraq's oil revenues in 2022 exceeded $115 billion, according to preliminary figures announced by the oil ministry on Tuesday -- a four-year high following a collapse in prices during the coronavirus pandemic. Oil production accounts for some 90 percent of Baghdad's income, and the country is the second largest producer…

Asharq Al-Awsat

DVN vs. BRY: Which Energy Stock Is More Appealing Right Now

Energy prices are projected to expand again in 2023, which should garner broader margins for the industry. Moreover, amid a favorable outlook of the industry, quality energy stocks Devon Energy (DVN) and Berry (BRY) might register solid gains. But which stock is more appealing right now? Let's find out….

StockNews.com

Eating olive oil during pregnancy ‘boosts quality of breast milk’

The Independent UK

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Birmingham Post

Humber's offshore wind could power North Sea's energy transition as Neptune and Orsted explore potential

Oil and gas production assets could add hydrogen and carbon capture to the mix - with wind providing the oomph

Wales Online

GP busts common weight-loss myths including the 'superfoods' to avoid

As the New Year starts people may be turning to everything from cider vinegar to coconut oil to lose weight

The Independent UK

Four simple vegan recipes that don’t use any meat alternatives

Veganuary is a chance to bring a wider variety of veg into your diet, says Bob Andrew. Here’s how

Asharq Al-Awsat

Oil Slides on Worries on China, IMF Slow-Growth Expectations

Oil prices slid on Tuesday from their highest levels in a month after Chinese economic data dampened market sentiment and the head of the International Monetary Fund warned of a tougher 2023. Brent crude futures had fallen by 25 cents, or 0.29%, to $85.66 a barrel by 0400 GMT, while…

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The National (Scotland)

Scotland risks squandering 'historic opportunity' go green in UK, report warns

SCOTLAND must act urgently on independence or risk squandering a “historic opportunity” to transform its economy by remaining part of the UK, a…

Bangkok Post

BCPG takes over Asia Link Terminal

BCPG Plc, a clean power generation flagship of energy conglomerate Bangchak Corporation, has acquired all the shares of Asia Link Terminal Co, worth 9 billion baht, enlarging its investment in oil terminal and seaport projects.

360info

Giving rights to nature will not stop environmental damage

Giving legal rights to rivers and trees is touted as a potential solution to environmental damage. But history suggests its effect will be minor.

Daily Record

Man left baffled as mystery discovery on beach leaves his dog 'bright orange'

Ian Carmichael issued a warning to dog walkers to avoid the object which washed up ashore.

The Independent UK

Tom Kerridge’s ‘real life’ recipes to make every day taste special

The Michelin starred chef’s new cookbook is written with modern family life in mind. Lauren Taylor puts it to the test

Daily Mirror

Warning issued after mysterious object found on beach leaves dog 'bright orange'

A warning has been issued to dog walkers in Anglesey after a mysterious object - later confirmed to be palm oil - washed up on the beach and left a pet pooch 'bright orange'

The Times of India

Oil price spike brings back subsidies but India wins at crude diplomacy

NEW DELHI: A wild swing in international oil prices in 2022 brought back indirect fuel subsidies in India in a setback to reforms, but the nation won at crude diplomacy as it refused to succumb to western pressures and continued to buy oil from the cheapest available source.

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