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The Latest Breaking News from Oil

Why is diesel so expensive? Retailers are charging 20c per litre more than they should, fuel watchers say

Australians are paying about 20 cents a litre more for diesel than they should be, consumer advocates say. They say there doesn't seem to be a good answer for the high prices.

ABC News

New bench of traders muscle in to supply Russian oil to India

NEW DELHI: India is set to get more channels to buy cheap Russian oil, with a new wave of smaller, international traders muscling into its vast market by offering barrels shunned by rivals after the invasion of Ukraine.

The Times of India

Best photos of Ohio State football players, Ryan Day at Big Ten media days

Some of the best photos of the Ohio State players and head coach Ryan Day at Big Ten media days this week. #GoBucks #B1G

USA Today Sports Media Group

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Shell reports record profits of nearly £10bn as Brits struggle to pay energy and fuel bills

The energy firm continues to make massive profits from energy hikes after the invasion of Ukraine

Wales Online

Photo Gallery: Michigan State football at Big Ten Media Day

Check out some of the best photos of the Spartans at this year's Big Ten Media Days in Indianapolis

USA Today Sports Media Group

Oil refinery closures, cleaner fuels and security of supply in South Africa

While South Africa has been preoccupied with rolling electricity blackouts, security of liquid fuels supply has been overlooked even though – by my calculations – by value of sales it is 60% larger than electricity sales.

The Conversation

‘Insult to millions’: Shell and Centrica profits cause outrage as energy bills soar

News of billion-pound profits comes after UK households warned average annual bill could hit £3,850 by 2023

The Guardian - UK

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Shoppers can save £800 on Bobbi Brown, Benefit and Pixi by swapping to these Aldi beauty dupes

The Specialbuys aisle is a great place to stock up on beauty buys for a fraction of the cost of your usual purchases

Manchester Evening News

British Gas and Shell rake in record profits in middle of cost of living crisis

Oil giants Shell and Centrica, the owners of British Gas, have attracted political anger as they recorded huge profits while consumers pay soaring energy bills.

Daily Record

Cyprus, Greece, look to EU if Turkey renews gas search

The foreign minister of Cyprus says his government and Greece will consult with other European Union members on how to respond if Turkey tries again to drill for oil and gas in waters to which Cyprus claims exclusive rights

The Independent UK

The British boats helping Putin’s Russia avoid oil sanctions

Off the Suffolk coast, industrial-scale transfers of Russian crude reveal a major hole in efforts to squeeze the Kremlin, Ben Chapman writes

The Independent UK

Pictures show five-day climate camp setting up in Aberdeen

CLIMATE activists from across Scotland have set up camp in Aberdeen, often described as “the oil capital of Europe.”

The National (Scotland)

Macron hosts Saudi crown prince with oil, Iran and rights on agenda

French President Emmanuel Macron hosts Saudi Crown Prince Mohammed bin Salman (MBS) on Thursday, part of increased Western efforts to court the major oil-producing state amid the war in Ukraine and faltering talks to revive a nuclear deal with Iran.

Reuters

I tried Q+A's new facial oil and it contains more fruit and veg than my fridge

Q+A Super Greens Facial Oil contains Broccoli, Apple, Kale and Courgette extracts to hydrate and soothe your skin.

Liverpool Echo

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The Independent UK

Cost of living – live: Borrowing money to pay energy bills could ‘spark housing crisis’

Oil and gas companies report landmark earnings as households crippled by price caps

Reuters

Explainer-Blood, treasure and chaos: the cost of Russia's war in Ukraine

Russia's Feb. 24 invasion of Ukraine has left tens of thousands of dead, displaced millions and sown economic strife across the world.

Asharq Al-Awsat

ADNOC Awards $2Bln in Contracts for the Hail, Ghasha Gas Development Project

Abu Dhabi National Oil Company (ADNOC) announced Wednesday awarding two substantial contracts totaling AED7.49 billion ($2 billion) to ADNOC Drilling for the Hail and Ghasha Development Project. The contracts comprise AED4.89 billion ($1.3 billion) for integrated drilling services and fluids, and AED2.6 billion ($711 million) for the provision of four…

Asharq Al-Awsat

Riyadh, Paris Keen on Strengthening Strategic Partnership

Amid fears that European economies would face a recession as a result of the Russian-Ukrainian war, economists expected that the Saudi-French talks would enhance strategic partnerships that will help stabilize global energy and oil markets, and reduce the challenges facing food supply chains. Dr.

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Tribune News Service

How to think about your carbon footprint

It’s been nearly two decades since the oil giant BP released a calculator to help consumers figure out all the ways carbon was creeping into their lives, from commuting to work to buying food. The PR campaign was wildly successful: It popularized the very idea of an individual “carbon footprint.”

The Independent UK

Cook for Ukraine: Three recipes for special occasions

Impress your guests for a good cause with these dishes from Olia Hercules’ new cookbook ‘Home Food’, says Prudence Wade

The Independent UK

Shell profits hit record $11.5bn doubling in one year amid soaring energy prices

It comes as households continue to struggle in devastating cost of living crisis

The Guardian - UK

Shell and Centrica post profits totalling £11bn as households struggle with bills

British Gas owner reinstates dividends after operating profits of £1.3bn, while Shell reports £10bn profit between April and June

The Independent UK

Shell profits hit record $11.5bn doubling in one year amid soaring energy prices - OLD

It comes as households continue to struggle in devastating cost of living crisis

The Independent UK

Asian shares, oil prices mostly higher after Fed rate hike

Shares are mostly higher in Asia after the Federal Reserve ratcheted up its campaign against surging inflation by raising its key interest rate three-quarters of a point

The Independent UK

Oil block auction in DRC punctures Africa's climate goals

Sections of a renowned peatland tropical forest in the Congo Basin that plays a crucial role in Africa’s climate system go up for oil and gas auction in Kinshasa in the Democratic Republic of the Congo on Thursday

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