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The Latest Breaking News from Oil

Chris Jowsey: the pubs boss lobbying to keep locals in business

Tired of waiting for government help for his tenants facing soaring energy bills, the Admiral Taverns chief executive decided to buy fuel direct from an oil and gas producer

The Guardian - UK

EU ‘prepared to meet challenge’ if Russia fails to respect energy contracts

Comments come after Gazprom extends shutdown of gas supply through Nord Stream 1 to Germany

The Guardian - UK

Why fuel prices are cheaper at independent petrol stations compared to supermarkets

According to Colin Owens of Oil4Wales, price hikes every day and restrictions on supplies could be contributing factors for the comparison in oil prices

Wales Online

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Tesla Giga Canada Rumors, Ford's Sizzling EV Sales, Lucid, Nikola Tap Equity Market, Canoo Loses Top Manufacturing Executive: Week's Biggest EV Stories

Electric vehicle stocks fell across the board in the week ended September 2 amid macroeconomic concerns that rocked the market. The August jobs report, the U.S. government’s move to restrict chip exports to China, and the shutting down of the Nord Stream 1 offshore pipeline that supplies oil from Russia…

Benzinga

Air cargo is swiftly moving from Coimbatore to the UAE laden with flowers for Onam

As Onam approaches air cargo is swiftly moving from Coimbatore to the UAE laden with flowers, ultra thin banana chips and cold-pressed coconut oil

The Hindu

Wyoming fossil fuel leases and Biden

"We hope that moving forward, the Biden administration won't shy away from exercising its authority"

Salon

Pressure grows on France to levy windfall tax on ‘super profits’

As ordinary French people fret over the rising cost of living, the government is under pressure to levy a windfall tax on energy firms that have reaped the benefits of higher oil and gas prices pushed up by the war in Ukraine. While the government is divided, PM Elisabeth Borne…

Radio France Internationale

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Claire Thomson’s recipes for back-to-school packed lunches

Black bean burritos, mini pizzas and couscous salad to brighten any school lunchbox

The Guardian - UK

Nuclear plant loses power line as Moscow, West energy row escalates

A critical nuclear power plant in Ukraine again lost external power, international energy officials said on Saturday, heightening concerns as the energy battle between Moscow and the West ramped up in recent days amid the ongoing war.

Reuters

Russia-Ukraine war latest: what we know on day 192 of the invasion

Russia’s Gazprom extends shutdown of Nord Stream pipeline 1; nuclear inspectors to remain at Zaporizhzhia plant; G7 puts price cap on Russian oil

The Guardian - AU

More muscle? Body oil? Luka Doncic’s weight, fitness look steady as Mavs’ season looms.

COLOGNE, Germany — With a couple minutes left in the first quarter of Slovenia’s EuroBasket-opening win Thursday, center Mike Tobey grabbed an offensive rebound and bullied against Lithuania’s NBA starter, Jonas Valanciunas, for a second-chance layup.

Tribune News Service

Russia using energy as weapon, White House says about Nord Stream shutdown

Moscow is using energy as a tool to pressure Europe, the White House said about the delayed return of Gazprom's Nord Stream 1 natural gas pipeline, as Europe gets closer to a ban on oil imports from Russia.

Reuters

EPA reverses course, rejects permit for massive oil exporting project offshore from Corpus Christi

During the Trump administration, the Environmental Protection Agency exempted a proposed oil export terminal off the Texas coast from air pollution requirements. This week it rejected the permit because of pollution concerns.

The Texas Tribune

BAFS sees soaring jet fuel sales amid aviation recovery

SET-listed Bangkok Aviation Fuel Services (BAFS) expects jet fuel sales to exceed 3 billion litres this year, enabling it to move back into the black thanks to the government's easing of air travel restrictions.

Bangkok Post

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Bangkok Post

Look for selective plays with strong growth stories

We expect the SET Index to move higher in September. On the external front, we believe investors have digested the prospect of more rate hikes from the US Federal Reserve and thus expect a limited impact from the next upward move, given the hawkish signals sent recently by Fed chairman…

The Guardian - UK

Russia’s hybrid war on Ukraine extends to new terrain as Gazprom cuts supply to Europe

Energy war with west has exploded after weeks of tension

The Hindu

Anil Kumar is Indian Oil ED

HYDERABAD

The Independent UK

Climate activists ‘won’t leave tunnel until Government makes meaningful promise’

Just Stop Oil campaigners have dug and occupied the tunnel underneath St Clements Way in Grays – a key delivery route for a nearby oil terminal.

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news in one place.

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The Guardian - UK

Nord Stream 1: Gazprom announces indefinite shutdown of pipeline

Russian energy company had been due to resume gas delivery to Germany on Saturday morning

Reuters

Exclusive-Scientists detect second 'vast' methane leak at Pemex oil field in Mexico

Satellites recorded another large methane leak at an offshore platform belonging to Mexico's Pemex in August, according to exclusive data shared with Reuters, even as pressure mounts on the state oil company to reduce these emissions.

Reuters

Pollution fears grow as beached ship off Gibraltar leaks fuel

Gibraltar struggled on Friday to minimise any environmental impact of a fuel leak from a bulk carrier three days after it collided with a tanker, as reports of oiled birds emerged and several beaches in Spain and the British territory flew red flags.

Benzinga

Nasdaq Jumps Over 100 Points; Crude Oil Rises Sharply

U.S. stocks extended gains midway through trading on Friday, following the release of jobs report for August.

Radio France Internationale

France vows to restart stricken nuclear reactors before winter

France's Energy Transition Minister on Friday called for "collective responsibility" to avoid energy rationing this winter as she announced that France's fleet of nuclear reactors would be fully operational by the winter. The news comes as G7 countries agreed to "urgently" implement Russian oil price cap.

The Independent UK

G-7 pledges to move forward with Russia oil price cap system

Finance ministers from the Group of Seven industrial powers have pledged to put in place a system designed to cap Russia’s income from oil sales, an idea the nations’ leaders had promised to explore in June

Evening Standard

G7 agree price cap on Russian oil to stop Putin’s ‘ability to fund war of aggression’

The cap is expected to be introduced in December for crude oil and for petroleum products in February

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