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The Latest Breaking News from Oil

Fossil fuel workers have the skills to succeed in green jobs, but location is a major barrier to a just transition

As the U.S. shifts away from fossil fuels to cleaner energy sources, thousands of coal, oil and gas workers will be looking for new jobs.

The Conversation

Russia still relies on Europe to ship its oil despite price cap breach

Russia is still relying on European shipping to transport its oil even as the country’s supplies exceed Group-of-Seven price caps, according to a researcher.

The Times of India

‘We can’t drink oil’: how a 70-year-old pipeline imperils the Great Lakes

Tribes say Line 5 is a ‘ticking time bomb’ for the Great Lakes, which contain a fifth of the Earth’s surface fresh water, and risks destroying their relationship with land and water

The Guardian - US

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U.S. hasn’t won Ryder Cup on foreign soil since 1993. Does this year’s squad have what it takes?

The U.S. looks to win a Ryder Cup road game for the first time in 30 years.

USA Today Sports Media Group

Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets

Exclusive: Pan-European investigation looked at thousands of transactions since Paris climate agreement in 2016

The Guardian - UK

‘Staggering’ green growth gives hope for 1.5C, says global energy chief

IEA’s Fatih Birol says uptake of solar power and EVs is in line with net zero goal but rich countries must hasten their broader plans

The Guardian - UK

Muscle, wood, coal, oil: what earlier energy transitions tell us about renewables

In 2022, the burning of fossil fuels provided 82% of the world’s energy. In 2000, it was 87%. Even as renewables have undergone tremendous growth, they’ve been offset by increased demand for energy.

The Conversation

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The trade in sanctioned oil is booming as the US turns a blind eye

Analysts say that the rise in the movement of oil in contravention of western sanctions is often happening with the full knowledge of the US government

The Guardian - AU

Crude Prices Settle Lower on Dollar Strength and Chinese Energy Demand Concerns

November WTI crude oil (CLX23 ) on Monday closed down -0.35 (-0.39%), and Nov RBOB gasoline (RBX23 ) closed down -0.85 (-0.34%). Nov WTI crude oil and gasoline prices Monday posted moderate losses, with gasoline falling to a 3-week low. Monday’s rally in the dollar index (DXY00 ) to a...

Barchart

The skinny on fish oil supplements

"The more people stick to a healthy, plant-based diet with fish . . . the better their health will be"

Salon

Delhi gets its first buses running on green hydrogen

NEW DELHI: The national capital Delhi on Monday got its first glimpse into zero-emission future of the city’s public transport, with oil minister Hardeep Singh Puri flagging off the trial run of two hydrogen buses procured by the country’s largest oil refiner and fuel retailer IndianOil Corporation from Tata Motors.

The Times of India

Crude Prices Slip on Dollar Strength and Chinese Energy Demand Concerns

November WTI crude oil (CLX23) this morning is down -0.47 (-0.52%), and Nov RBOB gasoline (RBX23) is down -2.60 (-1.04%). Nov WTI crude oil and gasoline prices this morning are moderately lower, with gasoline falling to a 3-week low. Today’s rally in the dollar index (DXY00 ) to a 6-1/2...

Barchart

Best alcohol free perfumes tried and tested

These fragrances are typically lighter and non-irritating

Evening Standard

Lemony olive oil sauce enriches Greek beef and rice meatballs

Greek avgolemono (ahv-guh-LEM-uh-no) is a creamy but tart mix of lemon and whipped eggs used to thicken sauces and soups

The Independent UK

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Fortune

Russia appears to have found a way to circumvent $60/barrel price cap sanction on crude oil exports

Shipping and insurance records examined by the Financial Times suggest almost three-quarters of Russia's seaborne crude can be sold at full price just when a barrel is nearing $100.

The Independent UK

Russian oil supplies continue to spike despite G7 price cap sanctions, data shows

Russia’s oil revenues likely to increase due to constant increases in crude prices, show estimates

The Hindu

IndianOil unveils India's first green hydrogen-run bus that emits just water

Indian Oil Corporation unveils India's first green hydrogen-powered bus; Oil Minister Hardeep Singh Puri flags off two buses for trial runs, with plans to scale up to 15 by 2023. Hydrogen emits only water vapour, has 3x energy density, and is a cleaner, more efficient choice to meet energy needs.

The Independent UK

Pittsburgh Steelers’ flight forced to make emergency landing in Kansas City

After a victorious football game on Sunday, the Pittsburgh Steeler’s charter plane had to make an emergency landing

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The Texas Tribune

Texas leads the nation in oil production. What about industry-related deaths?

An industry leader in the Permian Basin said the new report proves safety regulations are helping. Other observers say more data is needed to understand risks of extraction.

The Independent UK

Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war

Oil prices are up, and that affects people far and wide

Evening Standard

Gordon Brown: States that profited from oil surge should pay global climate change windfall

The former prime minister said a share of profits should help poorer nations fight climate change

The Guardian - UK

Petrostate windfall tax would help poor countries in climate crisis, says Brown

Former British PM calls for 3% levy on oil and gas export revenues of biggest producers to generate $25bn a year for global south

The Guardian - UK

How do we raise trillions of dollars to fight the climate crisis? The answer is staring us in the face

The profits for oil and gas companies have reached truly staggering proportions. A simple levy could funnel money to the global south, says former UK prime minister Gordon Brown

The Independent UK

Gordon Brown: States that profited from oil surge should pay global windfall

The former prime minister said a share of profits should help poorer nations fight climate change.

The Conversation

Are fish oil supplements as healthy as we think? And is eating fish better?

Fish oil, which contains omega-3 fatty acids, is promoted for a number of health benefits – from boosting our heart health, protecting our brain from dementia, and easing the symptoms of rheumatoid arthritis.

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