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The Latest Breaking News from Oil

Gulf Countries, China to Invest in the Future, Energy

The Gulf-Chinese summit on Friday concluded the importance of joint work and integration in future projects, namely investment in innovation, technology, and energy, and in collaborative work on regional security and stability. Saudi Crown Prince Mohammed bin Salman bin Abdulaziz said that regional security and stability can't be achieved without…

Asharq Al-Awsat

Editorial: Big Oil shouldn’t be able to fleece Californians while polluting the planet

Gov. Gavin Newsom’s proposal to penalize excessive oil refinery profits is a relatively straightforward effort to prevent price gouging that reached new heights this year as gas prices in the state spiked to more than $6.40 a gallon. While Californians paid $2.60 a gallon more than the average American motorist…

Los Angeles Times

10 pre-Christmas cleaning tasks to tick off before the big day, including wiping down internal doors, cleaning fireplaces and washing table linens

Get your home ready for hosting and celebrations by preparing ahead of time

Homes & Gardens

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EPA says no drinking water was contaminated by Keystone Pipeline oil spill in Kansas

The Environmental Protection Agency on Friday said no drinking water was contaminated after a Keystone Pipeline oil spill in northern Kansas.

Tribune News Service

Couple's £1.2million jackpot joy after picking up scratchcard amid roast dinner disaster

Craig Harrison was forced to dash to the shops after discovering he didn't have enough cooking oil to roast Debbie Piper's potatoes how she likes them and the dinner dilemma changed their lives

Daily Mirror

US panel accuses ‘Big Oil’ of disinformation over climate plans

House Oversight Committee says oil companies are ‘lying’ about promises to reduce greenhouse gas emissions.

Al Jazeera

The biggest oil spill in the history of the Keystone pipeline is dumping more than a half million gallons of crude into a creek in Kansas

“This is going to be months, maybe even years before we get the full handle on this disaster and know the extent of the damage and get it all cleaned up."

Fortune

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Keystone pipeline leaks 14,000 barrels of oil into creek in biggest spill yet

The leak occurred in Washington county, Kansas, with the affected segment being ‘isolated’ and the drip contained

The Guardian - US

Extinction Rebellion and Just Stop Oil activists disrupt energy awards bash in Aberdeen

Eco warriors staged a loud demonstration outside the Offshore Energies UK event at Aberdeen’s P&J Live venue with drums, singing and chanting.

Daily Record

Oil firms have internally dismissed swift climate action, House panel says

Documents show the fossil fuel industry ‘has no real plans to clean up its act’ and took steps to continue business as usual

The Guardian - US

Russia oil price cap comes into force: How will it impact India

NEW DELHI: The Group of Seven (G7) nations, the European Union and Australia imposed a $60 per barrel price cap on Russian seaborne crude oil, with effect from Monday.

The Times of India

NBA star Steph Curry uses awards speech to give his thoughts on Brittney Griner release

Warriors ace Steph Curry spoke about the release of female basketball star Brittney Griner, who was held in Russia since February after being accused of bringing in cannabis oil

Daily Mirror

Federal data: Kansas oil spill biggest in Keystone history

Federal data indicates that an oil spill in northeastern Kansas this week is the largest for an onshore crude pipeline in more than nine years and by far the biggest in the history of the Keystone pipeline

The Independent UK

TotalEnergies to ‘gradually withdraw’ from Russian investments

World’s fifth-largest oil firm finally bows to pressure after invasion of Ukraine, removing representatives from Novatek board

The Guardian - UK

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Al Jazeera

Putin threatens oil production cuts over price cap

President says future prisoner swaps with US are possible and Russia’s hypersonic weapons would defend it if attacked.

Birmingham Post

Skills shortage warning from oil and gas in transition to Net Zero

Offshore Energies UK flags issue as numbers drop in a decade despite being on the cusp of huge opportunities

Kiplinger

How to Find the Best Energy Stocks

Energy stocks can expose investors to volatile oil and gas prices. Here's how to find the best energy stocks to buy now.

Daily Mirror

Twisted dad Chris Watts revealed how he killed wife and kids in sick letters

WARNING: DISTRESSING CONTENT Twisted dad Chris Watts confessed to 'murdering' his two daughters 'twice' in one of the sick and twisted letters he sent to true crime author Cherylin Cadle from his prison cell

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The Independent UK

Xi Jinping lauds ‘new era’ in China’s ties with Saudi Arabia as key energy and defence deals are sealed

Xi Jinping to meet other Gulf oil producers and attend a wider summit with Arab league countries

France 24

Capping energy prices: EU talks on gas reveal stark divisions

Recent discussions in Europe about a gas price cap are said to have been tough, heated and even ugly. The European Commission has put a proposal on the table, but EU member states are finding it difficult to reach a compromise among themselves – despite giving their political support to…

Evening Standard

Inside Just Stop Oil: ‘If I just waved a placard, nothing would change’

As police predict more disruption from Just Stop Oil, Kate Wills goes behind the orange banners to learn how the protest group operate—from coping techniques to an emotional support hotline

The Independent UK

Brittney Griner lands back on US soil after being freed from Russia in prisoner swap for Viktor Bout

Plane carrying the WNBA star landed in San Antonio at around 5.30am ET on Friday morning

Asharq Al-Awsat

US Imposes Sanctions on Turkish Businessman for Helping IRGC

The Biden administration levied sanctions on Thursday on prominent Turkish businessman Sitki Ayan and his network of firms, accusing him of acting as a facilitator for oil sales and money laundering on behalf of Iran’s Revolutionary Guard Corps (IRGC). Ayan’s companies have set up international sales contracts for Iranian oil,…

Radio France Internationale

Saudi Arabia gathers China's Xi with Arab leaders in 'new era' of ties

Chinese President Xi Jinping meets with Arab leaders on Friday at "milestone" summits hosted by Saudi Arabia in a show of strength by Crown Prince Mohammed bin Salman as an aspiring leader of the Middle East and key partner for global powers.

Al Jazeera

China, Saudi Arabia strengthen partnership on energy, defence

Beijing and Riyadh say they will ‘firmly support each other’s core interests’ during an official visit by Xi Jinping.

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Mohammed bin Salman bin Abdulaziz

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