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The Latest Breaking News from Oil

Why the Oil Price Cap Won’t Hurt Putin

The West wants to have its Russian oil price cake and eat it too.

Foreign Policy

Ministry: Iranian Oil Minister Stable after Heart Attack

The Iranian oil minister is in a stable condition after a heart attack on Thursday, the oil ministry said in a statement reported by the official IRNA news agency. "Javad Owji, the minister of oil, was admitted to a public hospital in Tehran following a heart attack which occurred on…

Asharq Al-Awsat

Company reopens most of pipeline following Kansas oil spill

The operator of a pipeline with a large onshore crude oil spill has reopened all of it except for the stretch in Kansas and northern Oklahoma that includes the site of the rupture

The Independent UK

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read the most diverse news in one place.

Eastern Airways clocks up 25 years with Esbjerg service launch

'Offshore wind corridor' route addition comes as major milestone passes for airline that began with Aberdeen oil worker service

Birmingham Post

Northern Ireland home heating oil prices rise sharply amid freezing temperatures

The price of 900 litres of heating oil has risen by around £80 in the past week

Belfast Live

Paradise Now! review – sharp satire of girlboss extremes

Smartly directed and superbly acted, Margaret Perry’s funny and moving play follows a group of women working for an essential oils franchise

The Guardian - UK

Quick Fix: Orange Honey Ginger Chicken with Red and Green Salad offers festive touch

The sweet and tangy flavors of orange, honey and ginger coat the chicken for a quick, savory dinner. I like to use boneless chicken thighs instead of boneless chicken breast. They remain moist while cooking and have more flavor. The colorful Red and Green Salad adds a festive touch for…

Tribune News Service

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What date is Hanukkah 2022 and why is it celebrated?

Menorah lighting, car parades and drone shows are planned

Manchester Evening News

Tech counties boomed in pandemic, new data shows

The pandemic was an economic boon for the nation’s tech centers last year, but the tide already has turned as consumers’ demand for remote work software, delivered food and streaming entertainment subsides.

Tribune News Service

Dad of Lanarkshire man injured in horror Qatar oil rig incident claims his son knew his alleged attacker

Christopher Begley, from Coatbridge, was rushed to hospital after he was hurt at the Al Shaheen oil field.

Daily Record

HSBC will no longer finance new oil and gas fields

Environmental campaigners said the announcement sends a 'strong signal to fossil fuel giants and governments'

Insider UK

Moody’s Says Saudi Economic Growth at 10.2%, Driven by Non-Oil Sector Development

Moody’s said that the Saudi economy grew by 10.2 % during the first nine months of 2022.

Asharq Al-Awsat

Japan trade deficit soars on weak yen, high oil prices

Japan has reported its trade deficit surged to over 2 trillion yen ($15 billion) in November as higher costs for oil and a weak yen combined to push imports higher

The Independent UK

Two Dead After Fire at Refinery in Russia’s Angarsk

Two people died and two others were injured after a massive fire and explosion at an oil refinery in Russia’s Angarsk in southeastern Siberia, the local governor Igor Kobzev said on Thursday. Kobzev said the fire, initially covering an area of 2,500 square meters belonging to Angarsk Petrochemical Company, was…

Asharq Al-Awsat

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The Independent UK

Venezuela's Maduro enters 2023 seeking global recognition

Nearly a decade since inheriting Venezuela's leadership, President Nicolás Maduro is working to regain the international recognition he lost when his 2018 re-election was deemed a sham by many

Bangkok Post

Big Oil Steps Up To The Climate Change Plate

Achieving “carbon neutrality” is the crucial step along the road to “net zero” which includes the removal from Earth’s atmosphere of all “greenhouse gases”, including methane, nitrous oxide and other hydrofluorocarbons. Indispensable to creating sustainable environments, the health of the planet and the survival of the human race depend on…

Reuters

Russia discusses debt, energy stability with Venezuela

Russian Deputy Prime Minister Alexander Novak met on Wednesday with Venezuela's oil minister in Caracas, where they discussed oil market volatility and the status of Venezuela's outstanding debts to Russia.

Newsroom.co.nz

Govt pauses new oil and gas exploration

Energy Minister Megan Woods has announced a pause on all remaining oil and gas exploration until after the election.

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Ballotpedia

Campaign behind a California oil and gas veto referendum submits nearly 1 million signatures

On Dec. 13, California Independent Petroleum Association (CIPA), which is leading the Stop the Energy Shutdown campaign, announced that the campaign to place a veto referendum to repeal recently passed oil and gas regulations on the 2024 ballot had collected over 978,000 signatures.

Tribune News Service

Keystone Pipeline ran at heightened pressure before Kansas oil spill, cause still unknown

A special exemption from 2017 allowed the Keystone Pipeline to operate at pressures above the standard for crude oil transport, a report from the federal government shows. The exemption is receiving new scrutiny following last week’s oil spill in northern Kansas, the largest in the pipeline’s history.

The Independent UK

Push to repeal California anti-oil law inches closer to goal

A California law that prohibits new oil and gas wells from being drilled near homes, schools and hospitals could face a referendum in the 2024 election

Glasgow Live

Lanarkshire man injured in horror oil rig incident in Qatar as dad says attack was 'unprovoked'

Oil worker Christopher Begley has been hospitalised after an incident at an oil rig in Qatar which left one man dead and another believed to have been taken into custody by police.

Irish Mirror

Increased oil, coal and car use are risking Irish climate targets, says Sustainable Energy Authority of Ireland

SEAI says two significant drivers were rebounding car use post-Covid as well the increasing use of coal and oil to create electricity

The Times of India

Explainer: Why Russia remains India's top oil supplier for 2nd month in a row

NEW DELHI: India has become one of the main outlets for Russian seaborne crude oil ever since its invasion of Ukraine in February.

The Guardian - UK

Russian oil revenues fall in November despite production boost

Decline seen as evidence that western efforts to choke off the Kremlin’s earnings are working

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