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The Latest Breaking News from Oil

If you’re outraged by XR and Just Stop Oil, imagine how disruptive climate breakdown will be

Focusing on activists only detracts from what we should be angry about, says Guardian columnist Andy Beckett

The Guardian - UK

Biden administration says Saudi Arabia's MBS has immunity in Khashoggi civil case

The Biden administration declared Thursday that the high office held by Saudi Arabia's crown prince should shield him from lawsuits for his role in the killing of a U.S.-based journalist, a turnaround from Joe Biden's passionate campaign trail denunciations of Prince Mohammed bin Salman over the brutal slaying.

France 24

US moves to shield Saudi crown prince in journalist killing

The Biden administration says Saudi Arabia's crown prince should be shielded from lawsuits over his role in the killing of a U.S.-based journalist

The Independent UK

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Gas well methane leaks a 'huge' environmental and economic issue, BP's Bernard Looney says

The head of one of the world's biggest oil and gas producers has called for a clampdown on fugitive emissions on economic and environmental grounds, but says fossil fuels are crucial to the renewable energy transition.

ABC News

US gives protections to rare Midwest bird as prairie suffers

The U.S. government says it will protect two populations of a rare prairie bird that’s found in parts of the Midwest, including one of the country’s most prolific oil and gas fields

The Independent UK

Climate Activists Sit In At Department of Transportation Over Oil Exports

Deepwater terminals in the Gulf would fuel output and growth despite the Biden administration's promises of steep emissions cuts.

Texas Observer

Leak in Ecuador state firm's gas pipeline ignites fire, five injured

Ecuadorean state oil company Petroecuador said on Thursday five people were injured in a fire caused by a leak in a pipeline that carries gas to a refinery in the South American country's Amazon region.

Reuters

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Fan Heater vs Oil Heater - Which Is Cheaper to Run?

With so many options to heat the home, and households trying to spend less on energy, we’ve compared which is cheaper to run: fan heater vs oil heater.

Kiplinger

Campaigners call for end to fossil fuel subsidy as windfall tax increases

THE UK Government’s move to increase the windfall tax on oil and gas companies "makes little difference" when it comes to…

The National (Scotland)

Energy transitions: why countries respond differently to the same problem

Russia’s invasion of Ukraine upended global energy markets. Sanctions on Russian exports and the suspension of gas deliveries to several European countries sent oil and gas prices skywards.

The Conversation

US Imposes New Sanctions over Iran Sanctions Evasion, Targets Chinese Firms

The United States on Thursday imposed sanctions on over a dozen companies based in China, Hong Kong and the United Arab Emirates that Washington accused of facilitating the sale of Iranian petrochemicals and petroleum products to buyers in East Asia. The latest US move against Iranian oil smuggling comes as…

Asharq Al-Awsat

UK energy windfall tax: what it is and why it needs to change

The UK government has increased its 25% levy on oil and gas companies – the UK energy profits levy – to 35% from January 2023 as part of its November 17 Autumn statement. The scheme has also been extended by two years to March 2028. Combined with a new 45%…

The Conversation

Wind and solar farms to pay nearly half of windfall profits to Treasury

The windfall tax on renewables, biomass and nuclear power generators will be set at 45%, Jeremy Hunt announced in his autumn statement.

The Independent UK

Turn canned tuna into a luxurious dinner

My tuna-hating husband went back for seconds of this garlicky, salty dinner winner

Salon

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Belfast Live

Northern Ireland households to receive £200 heating oil payment

The support payment has been doubled and now will apply to all households

The Conversation

Civet musk, a precious perfume ingredient, is under threat. Steps to support Ethiopian producers and protect the animals

The African civet — an animal closely related to the mongoose and widely distributed in sub-Saharan Africa — is among four mammals known to secrete scented compounds. Civets produce this “musk” to mark territory and communicate among themselves and other animals. It recently appeared in the news because when the…

The Guardian - UK

Hunt’s modest environmental goals show party is out of tune with voters

Autumn statement backs nuclear power and offshore wind, but says nothing on onshore wind and solar

The Guardian - UK

Will the autumn statement do enough to ease the recession? Our panel’s verdict

The chancellor has presented the government’s economic plans as Britain suffers the highest inflation for 40 years

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news in one place.

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The Conversation

Why fixing methane leaks from the oil and gas industry can be a climate game-changer – one that pays for itself

What’s the cheapest, quickest way to reduce climate change without roiling the economy? In the United States, it may be by reducing methane emissions from the oil and gas industry.

Reuters

Analysis-Shocked by Ukraine war, Russian neighbour Kazakhstan looks west

There is little doubt that Kassym-Jomart Tokayev will extend his rule over Kazakhstan by seven years in presidential elections on Sunday. What is less clear is how the former diplomat can reduce his resource-rich country's dependence on Russia without alienating it.

The Guardian - UK

Chancellor extends energy windfall tax to ‘low carbon’ generators

Jeremy Hunt proposes to raise £14bn by also raising levy to 35% and extending it by two years

Evening Standard

Wind farms to pay higher windfall tax than oil rigs, Chancellor reveals

Jeremy Hunt hopes the taxes can raise around £14 billion for the Treasury between them next year

Reuters

Venezuela asks World Court to throw out Guyana border case

Venezuela told judges at the International Court of Justice (ICJ) on Thursday that they should throw out a case filed by Guyana in a long-running border dispute, which could determine which country has rights to offshore oil and gas fields.

Irish Mirror

How to get rid of bedroom mould with brilliant €4 hack

Over the winter months, people may notice damp patches around their homes, which can promote the growth of mould. However, there is a simple hack that can prevent this

Tribune News Service

Quick Fix: Coconut-Crusted Shrimp bakes in only 10 minutes

Crispy coconut flavors these shrimp for a tasty quick dinner. My husband wanted to have some coconut-crusted shrimp and I wanted to bake them rather than fry them. Mixing coconut and panko breadcrumbs with a little oil was the answer. The mixture coated the shrimp, and they baked in only…

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