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The Latest Breaking News from Oil

Burning world’s fossil fuel reserves could emit 3.5tn tons of greenhouse gas

The world will have released more planet-heating emissions than have occurred since the industrial revolution, analysis found

The Guardian - US

Fallout from an 'economic war'

Thailand's customs-cleared export value continued to expand for a 17th consecutive month in July, but the growth rate slowed to 4.3% year-on-year after robust gains of 11.9% in June, 10.5% in May, 9.9% in April and 19.5% in March, which was the highest level since records began in 1991.

Bangkok Post

EU confronts opponent within who’s been boosted by Putin’s oil

The European Union unleashed an unprecedented punishment on one of its own, signaling that patience has worn out with Hungary — and Prime Minister Viktor Orban’s determination to engage with Russian President Vladimir Putin, while eschewing the democratic values of the bloc, makes the move all the more resonant.

Tribune News Service

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T.Y. Hilton gets ‘Thank You’ banner outside Lucas Oil Stadium

The Colts put up a 'Thank You' banner for WR T.Y. Hilton.

USA Today Sports Media Group

Brown stew chicken, corn fritters, Guinness punch pie – Melissa Thompson’s Jamaican recipes

With recipes she grew up with, plus new creations, the food writer’s first cookbook, Motherland, has a strong sense of place, history and family

The Guardian - UK

Yemen, UN, Netherlands Discuss Safer Tanker in Aden

A tripartite meeting between the Yemeni government, the UN, and the Netherlands was held in Aden to discuss the status of the FSO Safer tanker and efforts to initiate the implementation of the first phase of the UN plan to empty and maintain the tanker to avoid a global environmental…

Asharq Al-Awsat

Kuwait Oil Company Says to Increase Natural Gas Production

The state-owned Kuwait oil company aims to increase natural gas production to meet local demand, the company's acting chief executive officer Khaled Nayef Al Otaibi said on Sunday. "With the world recovering from the disruptions caused by COVID-19 pandemic, demand for oil and gas returned to its pre-pandemic levels in…

Asharq Al-Awsat

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Mrs Hinch fans share peppermint trick costing 3p to keep spiders at bay

Spider mating season is upon us

Nottingham Post

Oil companies amp up their greenwashing

A new report finds that Big Oil spent $750 million last year on climate-friendly marketing

Salon

Criticism intensifies after big oil admits ‘gaslighting’ public over green aims

Fury as ‘explosive’ documents reveal largest oil companies contradicted public statements and wished bedbugs upon critical activists

The Guardian - US

PTT shifts gear to the EV industry

National oil and gas conglomerate PTT Plc wants to revamp its corporate image as a key manufacturer in the growing electric vehicle (EV) industry.

Bangkok Post

Offo eyes new diesel cap

The Oil Fuel Fund Office (Offo) is considering putting a new cap on the domestic diesel price via its subsidy scheme next week, following the recent decline of diesel reference prices in Singapore.

Bangkok Post

California governor signs sweeping climate legislation

California Gov. Gavin Newsom has signed a package of bills aimed at moving away from reliance on fossil fuel-based energy

The Independent UK

More than 50 Just Stop Oil protesters in UK sent to jail on one day

Campaigners who blockaded Warwickshire oil terminal remanded for refusing to comply with court proceedings

The Guardian - UK

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The Times of India

Windfall profit tax on domestic crude oil cut

NEW DELHI: The government on Friday cut the windfall profit tax on locally produced crude oil in line with a fall in international rates, and reduced the levy on export of diesel and jet fuel (ATF).

Benzinga

NASDAQ Down 150 Points; Crude Oil Rises 1%

U.S. stocks traded lower midway through trading, with the Nasdaq Composite dropping over 150 points on Friday.

Reuters

Ukraine says hundreds of bodies found in mass burial site

Ukrainian officials said on Friday they had found hundreds of bodies, some with their hands tied behind their backs, buried in territory recaptured from Russian forces, in what President Volodymyr Zelenskiy called proof of war crimes by the invaders.

The Guardian - UK

Governments urged to act after oil giants accused of misleading public

Documents suggest Shell and BP staff privately downplayed public commitments on climate crisis

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news in one place.

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Tribune News Service

Putin’s Taiwan support outweighs any Xi concerns about Ukraine

Even as Vladimir Putin admitted that Xi Jinping had concerns about the war in Ukraine, the Russian leader’s comments on Taiwan may ultimately matter more to his Chinese counterpart.

The Hindu

Data | Will Iran make a comeback as India’s major crude oil import partner?

With international crude oil prices soaring, local consumption of petroleum products back to pre-pandemic levels and the U.S. calling for sanctions against Russia, Iran may make a comeback as a major oil partner for India

Benzinga

Top Financial Media Stories Friday, September 16: Uber Internal Systems Hacked By A Teenager, Germany Takes Control of Oil Refineries Owned by Russia's Rosneft, Kanye West End Apparel Partnership with Gap And More..

New York Times

Daily Record

Scottish independence case could be 'boosted' by rising North Sea oil prices

UK Government revenues from North Sea oil and gas production in 2022 are on track to be at their highest level in over a decade, according to industry experts.

The Guardian - AU

Russia-Ukraine war: senior pro-Russian officials reported killed; Ukraine says mass grave found at Izium – as it happened

Officials in Russian-occupied areas reported dead; hundreds of bodies said to have been found in retaken Ukraine city

Tribune News Service

Commentary: Punishing Russians won’t end the Ukraine war

So far, economic sanctions on Russia have done nothing to halt Vladimir Putin’s war on Ukraine. The ruble is still strong. Oil prices are high. Before Ukraine’s latest advances on the battlefield, polls showed that 75% of Russians still supported the war (in public at any rate).

The Independent UK

‘We were both trying to assert ourselves’: Jennifer Grey says she and Patrick Swayze were like ‘oil and water’

Actors co-starred in the 1987 romance film ‘Dirty Dancing’

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