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The Latest Breaking News from Oil

Rishi Sunak commits to hundreds of new North Sea oil and gas licences alongside carbon capture investment

The prime minister said he is backing the North Sea oil and gas industry to ‘make Britain more energy independent’

The Independent UK

UK mortgage approvals jump unexpectedly; eurozone returns to growth as inflation falls – as it happened

UK mortgage approvals rise to eight-month high in June, while eurozone GDP rises after narrowly avoiding winter recession

The Guardian - UK

Rishi Sunak announces hundreds of new oil and gas licences for North Sea

THE Prime Minister has confirmed that hundreds of new North Sea oil and gas licences will be granted in the UK.

The National (Scotland)

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Rishi Sunak announces hundreds of new oil and gas licences for UK despite global warming

The PM stressed the move will safeguard jobs but it risks a backlash from people increasingly alarmed by climate change

Evening Standard

Just Stop Oil pitch invaders tackled by Jonny Bairstow at Lord’s say ‘prove the Ashes are legal’

Just Stop Oil protest Ashes Lord’s Cricket Ground court charged jonny bairstow tackle

Evening Standard

Rishi Sunak set to stress North Sea energy opportunities in Scotland

The prime minister is expected in Aberdeenshire for a series of announcements on energy

The Independent UK

Sunak set to stress North Sea energy opportunities in Scotland visit

The Prime Minister is expected in Aberdeenshire on Monday for a series of announcements on energy.

The Independent UK

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Rishi Sunak to use Scottish trip to attack Labour stance on North Sea oil

Visit to Aberdeenshire intended as chance for PM to criticise opposition with reports he could announce 100 new drilling licences

The Guardian - UK

$More corrupt, fractured and ostracised: how Vladimir Putin has changed Russia in over two decades on top$

More corrupt, fractured and ostracised: how Vladimir Putin has changed Russia in over two decades on top

Vladimir Putin’s own version of history casts himself as modern Russia’s bulwark and champion.

The Conversation

Mainfreight profitability slumps as freight volumes decline

Business wrap: NZX fails to rally; Rising oil prices threaten new inflation headwind; Big logistics company imposes a hiring freeze as earnings fall 43 percent. Markets editor Andrew Patterson reports.

Newsroom.co.nz

Modi government looting people, ruthlessly profiteering from petrol, diesel: Jairam Ramesh

NEW DELHI: Congress general secretary in-charge of the communications department Jairam Ramesh levelled a serious allegation against the Narendra Modi government at the Centre by stating that it is looting the people and resorting to brazen profiteering by selling cheap oil at exorbitant prices.

The Times of India

Congress accuses the Modi government of profiteering from low international crude prices

Congress general secretary Jairam Ramesh quoted a CRISIL report to argue that public sector oil companies would make an operating profit of ₹1 lakh crore as against ₹33,000 crore last year.

The Hindu

Oil and gas sector's low compliance with methane regulations jeopardizes Canada's net-zero goals

Regulating greenhouse gas (GHG) emissions is an important part of Canada’s strategy to achieve net-zero emissions by 2050. However, a newly published study by our team of researchers at St. Francis Xavier University illustrates why regulation is only a first step.

The Conversation

The “1-mile rule”: Texas’ unwritten, arbitrary policy protects big polluters from citizen complaints

It’s not found anywhere in state law or the Texas Commission on Environmental Quality’s rules, but for years the agency has denied citizens the ability to challenge air pollution permits because they live more than a mile away.

The Texas Tribune

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The Independent UK

Rishi Sunak plans to ‘power up Britain from Britain’ amid Tory concern over green policies

Comes after concerns of a softening of the government’s committment to net zero and other environmental policies

The Hindu

An Ayurvedic cookbook wins the Gourmand World Cookbook Award 2023

Inverse

The history of using essential oils and their aromas to improve health and well-being dates back thousands of years.

The National (Scotland)

Eleven arrests made at Grangemouth oil refinery after latest protest

PROTESTERS from a climate activist group have 'concreted' themselves to the road outside of a Scots

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Zenger

Oil Prices Hit $80, Sparking 5-Week Winning Streak: 5 Must-Watch Oil ETFs To Ride The Wave

Crude oil has gained five weeks in a row, almost undetected by investors who are completely focused on the stock market surge fueled by AI stocks and the significant reduction in inflation

The National (Scotland)

Greta Thunberg warns ministers to be ‘on right side of history’ over net zero

GRETA Thunberg has hit out at the Government as she joined demonstrators in London to protest over the planned development of the Rosebank oil and…

Barchart

Crude Settles Higher on Dollar Weakness and U.S. Energy Demand Optimism

September WTI crude oil (CLU23 ) on Friday closed up +0.49 (+0.61%), and Sep RBOB gasoline (RBU23 ) closed up +0.61 (+0.21%). Crude oil and gasoline prices Friday posted moderate gains, with crude climbing to a 3-1/4 month high and gasoline climbing to a 9-month high. A weaker dollar Friday...

Salon

Study: Olive oil could decrease dementia

Half a tablespoon of olive oil per day could aid in maintaining cognitive function

Barchart

Crude Pushes Higher on Dollar Weakness and Easing U.S. Price Pressures

September WTI crude oil (CLU23 ) this morning is up +0.11 (+0.14%), and Sep RBOB gasoline (RBU23 ) is up +3.04 (+1.06%). Crude oil and gasoline prices this morning are moderately higher, with gasoline posting a 9-month high. A weaker dollar today is bullish for energy prices. Crude prices also...

The Independent UK

Oil pipeline construction in Minnesota ruptured an aquifer. Officials say it’s the 4th time

A fourth aquifer breach has been confirmed in northern Minnesota stemming from a Canadian oil company's construction of an oil pipeline replacement in the region

StockNews.com

3 Energy Stocks to Watch With Strong Momentum

The dwindling crude oil supply and heightened demand for oil and gas may establish a continual upswing for the energy sector. The market conditions have helped energy stocks Chevron Corporation (CVX), Kinder Morgan (KMI), and PBF Energy (PBF) gain robust momentum lately. Read on….

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