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The Latest Breaking News from Oil

Dad of Scot injured in horror oil rig incident says son is victim of 'completely unprovoked attack'

Another man has died in the incident that left Christopher Begley from Glasgow injured.

Daily Record

Man 'working for Scottish firm' dies after incident on Qatar oil rig

The man was found dead on the Seafox Burj platform, located in the Persian Gulf.

The National (Scotland)

HSBC updates climate policy to stop funding new oil and gas

British banking giant HSBC announced Wednesday it will no longer finance new oil and gas fields as part of its updated climate strategy

The Independent UK

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read the most diverse news in one place.

African nations tap into oil wealth

The continent's vast oil reserves could spell trouble for the climate — and for Africans

Salon

The truth about fats - and why not all of them are bad for you

Widely regarded as the 'bad guy', this much-maligned foodstuff is actually essential for your health - you just have to make sure you're getting enough of the right type

Daily Mirror

Iran’s ‘Anger’ Among 3 Reasons for Growing Economic Paralysis in Syria

No one can deny that the economic crisis in Syria is unprecedented. But what are the real reasons for it? Why isn’t Iran helping in resolving it as it had helped the regime throughout the past decade? And will that lead to “political concessions” from Damascus? The economic crisis in…

Asharq Al-Awsat

HSBC pulls funds for new oil and gas fields in “green” victory

GREEN campaigners targeting big banks won a victory today, when HSBC said it will no longer lend cash or provide other finance to new oil and gas fields.

Evening Standard

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Flood of Russian crude heads to Asia after EU ban kicks in

Russia has all but ceased to be a supplier of crude oil to Europe.

The Times of India

Met chief ‘would love to ignore’ protestors who disrupt motorways

Sir Mark Rowley said he is deeply concerned about the impact of Just Stop Oil demonstrations on policing in London.

The Independent UK

Scottish oil worker dies and another injured in Middle East rig platform tragedy

Colleagues on the platform reportedly said the dead man was discovered in a cabin with fatal injuries on Monday night. Another man, also believed to be Scottish, was injured during the incident.

Edinburgh Live

Brit found ‘bludgeoned to death’ and another fighting for his life in Qatar mystery

Two Scottish men working on the Seafox Burj platform off the coast of Qatar have been allegedly murdered by their colleague in a mysterious tragedy

Daily Mirror

Scots oil worker dies and another injured in incident on Qatar rig platform

The incident is understood to have taken place on the facility in the country’s Al Shaheen oil field.

Daily Record

Could Lithuania hold the key to Europe's energy security?

On 19 October, European Commission president Ursula von der Leyen announced that the EU had replaced two-thirds of its Russian gas imports since February by switching to other suppliers. Such a turnaround seemed unattainable last spring, when the invasion of Ukraine turned Moscow from an EU business partner into a…

The Conversation

World Bank: Iraq Must Pursue Greener Growth Model

Iraq, a top oil exporter battered by climate change impact, must diversify its economy and pursue a “greener growth model,” the World Bank said Tuesday. In a new report presented to authorities in Baghdad, the Washington-based institution said $233 billion must be invested by 2040 to allow Iraq to embark…

Asharq Al-Awsat

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The News Lens

A Step-up for China’s Involvement in the Middle East

Beijing will soon supplant Washington as a dominant security partner – and the Arab world sees a chance for leverage.

Asharq Al-Awsat

OPEC Sees Robust Global Oil Demand Growth in 2023

OPEC on Tuesday said it expected to see robust global oil demand growth in 2023 with potential economic upside coming from a relaxation of China's zero-COVID policies, which this year have pushed the country's oil use into contraction for the first time in years. World oil demand in 2023 will…

Daily Record

RAC issues winter car safety check list as vehicle breakdowns reach record high

Experts say the cold weather has increased the number of car breakdowns.

Bangkok Post

Prima to expand fleet of vessels

SET-listed Prima Marine, a provider of marine transport and crude oil and petroleum product storage, is expanding its fleet of vessels to serve growing demand for transport services in Southeast Asia.

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The Conversation

Smart sanctions for a stupid war: The West finally gets clever about Russia

The European Union and the United States are now targeting maritime protection and indemnity (PI) insurance clubs to limit Russian shipping capacity and cap the price of its oil, meaning we’re finally beginning to see some smart sanctions for a stupid war.

The Independent UK

Company starting to recover oil from Kansas pipeline spill

The company operating a pipeline that leaked about 14,000 bathtubs’ worth of crude oil into a northeastern Kansas creek is recovering at least a small part of it

The Guardian - UK

We will be thanking Just Stop Oil protesters in years to come

Letters: Nan Howitt praises the courage and bravery of activists campaigning for a greener, cleaner world, and Paul Fisher says that in the future people will wish they had listened to them

Zenger

Will Putin Adhere To G7 Price Cap? EU To Face Tough Year Filling Oil, Gas Reserves

Until the Russia-Ukraine War, the European Union (EU) relied on Russia for roughly close to 40% for natural gas supply.

StockNews.com

2 Oil and Gas Stocks to Add to Your Portfolio Now

The energy industry seems to be at crossroads, given the prospects of demand-supply dynamics. Analysts expect the prices to surge and see continued outperformance in the upcoming months. Hence, quality oil and gas stocks PBF Energy Inc. (PBF) and Adams Resources & Energy, Inc. (AE) might be solid additions to…

Los Angeles Times

Michael Hiltzik: Solar and wind energy are killing off fossil fuel, despite the right's best efforts

American conservatives may be trying to hold back the tide, but solar and wind power are surging worldwide, leaving coal, natural gas and oil in the dust as energy sources.

The Guardian - UK

Pump up the vol-au-vent: how to pep up supermarket party food

A lively homemade sauce or a handful of herbs is sometimes all that’s needed to spruce up a drab dip or tame canapé, according to our panel of cooks

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