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The Latest Breaking News from Oil

Minor oil spill near Pirwadi beach near Mumbai

NEW DELHI: A minor crude oil spill was reported at the seashore near Pirwadi beach of Uran in Navi Mumbai but the spill was soon arrested, sources said.

The Times of India

Craft of the candle

Arushi Agrawal's passion project of crafting candles, Seva Home, recently launched limited-edition candles in collaboration with artist Suryakant Lokhande. The teak-wood boxes feature a Maharaja and Maharani portrait, and come in two variants. With every purchase, eye cataract surgeries are conducted for villagers. The range of candles vary in size…

The Hindu

Shell signals retreat from carbon offsetting

Oil company is latest firm to act amid indications that carbon credits do nothing to mitigate global heating

The Guardian - UK

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India’s G-20 leadership extremely effective, even if Russia generally absent: Janet Yellen

U.S. Treasury Secretary Janet Yellen said India’s G-20 leadership has proven effective on several fronts, including the reforms of multilateral development banks and addressing the debt concerns of vulnerable countries.

The Hindu

Three healthy recipes to get back on track after summer

Sophie Dillon shares a day’s worth of healthy recipes that will help you stick to your post-summer fitness goals

The Independent UK

8 New Beauty Products That You’ll Want To Make Space For On Your Shelf This October 2024

You beauty.

Pedestrian.tv

From garrison town to goldrush city: life in Africa’s youngest capital

Twenty years ago, Juba, in South Sudan, was a small army settlement. Now, oil money and immigration have turned it into a precarious boomtown – but for many life has never been tougher

The Guardian - UK

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G20 Summit: Is India breaking up with Russia?

As Putin stays in Moscow, India-Russia ties are in decline, while New Delhi’s bond with the West gets tighter.

Al Jazeera

Frankie Boyle joins voices telling SNP to 'get off fence' over North Sea oil field

SCOTS comic Frankie Boyle is among the campaigners urging Humza Yousaf to “get off the fence” and oppose plans for the Rosebank oil field in…

The National (Scotland)

Competition over the South China Sea explained in 30 seconds

China, the Philippines, Vietnam, Malaysia, Brunei and Taiwan all have claims over the area, and tensions often threaten to boil over

The Guardian - AU

Biden administration cancels remaining oil and gas leases in Alaska’s Arctic Refuge

The administration overturns Trump-era sales and proposed stronger protections against development on vast swaths of the National Petroleum Reserve-Alaska.

Chicago Sun-Times

Rishi Sunak to urge Narendra Modi to take stronger stance on Russia

Two prime ministers to meet before G20 summit as India continues to import Russian oil and weapons

The Guardian - UK

Crude Erases Early Gains on Dollar Strength and Energy Demand Concerns

October WTI crude oil (CLV23 ) on Thursday closed down -0.67 (-0.77%), and Oct RBOB gasoline (RBV23 ) closed up +2.16 (+0.83%). Crude oil and gasoline prices Thursday settled mixed, with gasoline posting a 1-1/2 week high. Crude prices gave up an early advance and moved lower on dollar strength...

Barchart

1 Standout Oil & Gas Stock Under $10 with 20% Upside Potential

As oil prices ramp back up amid production cuts, Kosmos Energy stock looks well-positioned to keep outperforming - and analysts see plenty of upside ahead.

Barchart

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Salon

Good fat, bad fat: Which is which?

And here is one simple way we can fix it

The Conversation

Separating molecules is a highly energy-intensive but essential part of drug development, desalination and other industrial processes – improving membranes can help

Separating molecules is critical to producing many essential products. For example, in petroleum refining, the hydrocarbons – chemical compounds composed of hydrogens and carbons – in crude oil are separated into gasoline, diesel and lubricants by sorting them based on their molecular size, shape and weight. In the pharmaceutical industry,…

Barchart

Crude Consolidates Recent Gains as EIA Crude Inventories Tighten

October WTI crude oil (CLV23 ) this morning is up +0.03 (+0.03%), and Oct RBOB gasoline (RBV23 ) is up +2.67 (+1.03%). Crude oil and gasoline prices today are slightly higher, with gasoline posting a 1-1/2 week high and crude holding just below Wednesday’s 9-1/2 month high. Crude has carryover...

Capital & Main

Environmentalists Demand Answers About Pennsylvania Governor’s Secretive Committee on Cap-and-Trade Program

As the Regional Greenhouse Gas Initiative stalls in the courts, front-line communities ask the administration to prioritize their input.

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news in one place.

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The Independent UK

Foreign Relations chair seeks answers from US oil firms on Russia business after Ukraine invasion

The head of the U.S. Senate Foreign Relations Committee has asked America's top three oilfield services companies to explain why they continued doing business in Russia after its invasion of Ukraine

Fortune

Crude oil prices could soar above $100 a barrel by 2024 Election Day, warns Goldman Sachs

Should oil producers choose next year not to reverse their cuts, then the Biden administration may have a problem on its hands.

Newslaundry

Amid G20 hype, exposé on Adani, Vedanta and Manipur crisis relegated to shadows

The G20 Summit has taken over the headlines and the news cycle. By the end of the week, the recent exposes on Adani, the opposition alliance’s Mumbai meet, or even the Manipur crisis would have faded from people’s memories.

StockNews.com

3 Energy Stocks With Strong Momentum Behind Them in September

Expectations of higher global demand and constrained supplies amid extended voluntary cuts by Saudi and Russia will likely put upward pressure on oil and gas prices, providing solid tailwinds for the energy sector. Hence, let’s take a look at quality energy stocks Exxon Mobil (XOM), Shell (SHEL), and Baker Hughes…

Barchart

Riding the Crude Oil Surge: An Option Play for Potential Profits as Prices Approach $90

In the dynamic world of energy markets, a seismic shift is underway. Crude oil, often regarded as the lifeblood of the global economy, has been making waves as it surges towards the $90 mark.

The Texas Tribune

Odessa — known for oil and football — hopes a new multisport complex will draw tourists, renew pride

Leaders in the Permian Basin have been averse to major investment projects because of the boom and bust cycle of the oil business. They hope this project helps shift that thinking.

France 24

White House cancels Alaskan oil leases awarded in final days of Trump presidency

The Biden administration has scrapped oil leases in Alaska's Arctic National Wildlife Refuge on the basis of "legal deficiencies". The leases awarded by the Trump administration had been widely criticised by environmental groups. However, the White House's move comes after it approved an oil drilling project in another Alaskan reserve…

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