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The Latest Breaking News from Oil

Weston-super-Mare’s See Monster: the good and the bad of pop-up attractions

This autumn, visitors to Weston-super-Mare on the west coast of England will be confronted by the strangest of sights, a repurposed oil rig and temporary art installation and high-rise garden dubbed the “See Monster”.

The Conversation

Nearly eight months into Ukraine war, EU still biggest buyer of Russian crude

NEW DELHI: It's been nearly 8 months since Russia invaded Ukraine, leading to the largest military conflict in Europe since World War II.

The Times of India

Nasdaq Edges Lower; Crude Oil Down 2%

U.S. stocks traded mixed midway through trading, with the Dow Jones gaining more than 100 points on Wednesday.

Benzinga

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Oil Falls as Strong Dollar and Recession Fears Weigh

Oil futures fell on Wednesday as a gloomy economic outlook and a strong dollar outweighed supply concerns stemming from last week's OPEC+ cut to its production target. Brent crude futures were down $1.42, or 1.5 %, at $92.87 a barrel by 1315 GMT. US West Texas Intermediate crude was down…

Asharq Al-Awsat

2500 litres of suspected adulterated cooking oil seized

KARIMNAGAR

The Hindu

Gemini Edibles to set up Rs.400 cr oil refinery in TS, employ 1,000 people

State government to extend all possible cooperation to firm: Minister KTR

The Hindu

MBS accused of "election interference"

Saudi Arabia is slashing oil production before midterms in what some are calling a "hostile act" against Democrats

Salon

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Scottish activists glue themselves outside Downing Street in climate protest

SCOTTISH protesters have glued themselves to the tarmac outside Downing Street to demonstrate against a Tory government “choosing profit over…

The National (Scotland)

Joe Biden warns of ‘consequences’ for Opec as it sides with Russia even as Saudi Arabia attempts de-escalation

Saudi foreign minister says move was ‘purely economic’

The Independent UK

Just Stop Oil block fire engine as man rushing child to hospital begs to be let through

Frustrated motorists confronted the Just Stop Oil campaigners in Knightsbridge, London, as the Met Police confirmed 28 more arrests were made, bringing the total to more than 300 in 11 days

Daily Mirror

Cabinet Okays Rs22k-cr One-Time Grant To 3 State-Run Oil Marketing Firms For Losses In LPG

The Cabinet on Wednesday approved the proposal of the ministry of petroleum and natural gas to give one-time grant of Rs22,000 crore to three state-run oil marketing companies (OMCs) for the losses incurred in domestic LPG business. Read further on Dynamite News:

Dynamite News

$UK fracking and oil drilling good for environment, claims climate minister$

UK fracking and oil drilling good for environment, claims climate minister

Graham Stuart tells MPs that awarding more than 100 licences for North Sea drilling is a green policy

The Guardian - UK

Just Stop Oil protesters not stopped because they aren’t causing ‘serious disruption’, claims Met chief

Police are unable to clear London roads blocked by Just Stop Oil campaigners because the protests are not passing the legal test of causing “serious disruption”, the Met Commissioner admitted on Wednesday.

Evening Standard

Vladimir Putin blames the west for energy market disruptions

Russian president claims Europeans are stocking up on firewood as leak found in oil pipeline in Poland

The Guardian - UK

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Businessweek

Land Is Power, and the Osage Nation Is Buying Theirs Back

Over a century, theft, murder, and business dealings stripped the Osages of oil and land wealth. They’re clawing it back, tract by tract.

The Independent UK

Labour plans would cause blackouts and poverty, says climate minister

Graham Stuart said the UK would still be burning oil and gas in 2050 and domestic production was the greenest way to do this.

The Hindu

Government to give ₹22,000 crore grant to oil PSUs to cover LPG losses

The Union Cabinet headed by Prime Minister Narendra Modi at a meeting on October 12, approved the one-time grant to the three oil marketing companies

The Guardian - UK

Fears French fuel crisis could spread amid plans to order strikers to work

Union vows to fight government in court as workers at ExxonMobil and TotalEnergies demand pay rise and share of profits

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The Guardian - UK

First Thing: WHO chief urges action to tackle ‘devastating’ long Covid

Calls for sustained efforts to help people experiencing ‘prolonged suffering’. Plus, Saudi Arabia to face consequences

The Times of India

Rs 22,000 crore boost for oil firms, bonus for railway workers: Key Cabinet decisions

NEW DELHI: The Union Cabinet on Wednesday announced a slew of decisions from providing a one-time grant to oil marketing companies, bonus to railway employees and few others, amid festival fervor in the country.

ABC News

Northern Territory government opens door for oil and gas companies to buy international offsets, policy reveals

Oil and gas companies will be allowed to buy Commonwealth-approved international offsets as a way to keep producing emissions, a Northern Territory government policy has revealed.

Evening Standard

Just Stop Oil protesters blockade road outside Downing Street in 12th day of action

Activists glue themselves to tarmac outside Downing Street in latest protest

Reuters

Putin blames Europe for energy crisis as price cap divides EU

Russia's president said Europe was to blame for its energy crisis with policies that starved the industry of investment as EU states struggled on Wednesday to agree on a gas price cap to offset its impact on consumers.

Daily Mirror

Mum who uses mangle to wash clothes says unconventional living has saved her £355

While renovating a 250-year-old cottage with no gas or oil supply, Jenny Bean had to make do with some slightly more unusual household appliances that happened to save her a fortune on bills

Tribune News Service

Bobby Ghosh: Oil and gas workers add fuel to Iranian protesters’ fire

They took their time about it, but Iran’s oil workers seem finally to have joined the anti-regime protests. Videos on social media platforms reportedly show marches and demonstrations in Abadan and Assaluyeh, vital hubs in the country’s petroleum and petrochemicals sector.

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