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The Latest Breaking News from Oil

Colbert on Trump rejecting ‘Meatball Ron’ nickname: ‘He draws the line at meatballs’

Late-night hosts discuss Trump blaming Mike Pence for January 6, nickname options for Ron DeSantis and Biden’s approval of the Willow oil drilling project in Alaska

The Guardian - US

US lawsuit filed to stop Willow oil drilling project in Alaska

The Alaska venture will add 239 million metric tons of carbon emissions to the atmosphere over the next 30 years.

Al Jazeera

Russia’s oil revenue drops sharply in February as sanctions bite: IEA

LONDON: Russia’s oil-export revenue fell to lowest in more than a year in February as buyers of the nation’s barrels largely complied with price caps and sanctions, according to the International Energy Agency.

The Times of India

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Motormouth: Repair bill sticker shock

Q: I took my 2007 Lexus LS 460 to the dealer when the "check engine" light came on. They diagnosed it as a misfire on cylinder No. 4. After investigating, they attributed the misfire to a wire that had been chewed by a mouse. I was told a new wiring…

Tribune News Service

Saudi Arabia Says Will Not Sell Oil to Any Country That Imposes Price Cap on Its Supply

Saudi Energy Minister Prince Abdulaziz bin Salman said on Tuesday that the Kingdom will not sell oil to any country that attempts to impose a price cap on its supplies, stressing that the Kingdom has embarked on expanding its capacity to 13.3 million b/d by 2027.

Asharq Al-Awsat

Ramadan: Three recipes to take you from sunrise to sunset

From predawn meals for Suhoor to hearty dishes for Iftar, Anisa Karolia’s new cookbook is the perfect guide to Ramadan. Prudence Wade picks three family-friendly, fuss-free and filling recipes for the holy month

The Independent UK

Debunking common hair care myths in transition season

There are many myths that are believed in the promise of healthy, lustrous hair as we move from winter to summer. Let's say you may have been informed or heard not to wash your hair every day since it could lead to breakage or that you should occasionally oil your…

The Times of India

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Environmental groups sue Biden admin in bid to halt Willow oil project in Alaska

The coalition alleges the project will spew toxic emissions and greenhouse gas pollution, undermining Biden's climate promises.

Axios

Funds accused of 'greenwashing' by market lobby group

The environment-focussed lobby group Market Forces has criticised five super funds for not doing enough to challenge the fossil fuel firms they invest in.

AAP

Biden slammed for oil project approval

The Willow project, as proposed by ConocoPhillips, has been dubbed a “carbon bomb” by climate advocates

Salon

Lawmakers fear spill on Keystone system in southern Kansas

State lawmakers worry that southern Kansas is vulnerable to oil spills from the Keystone pipeline system because earthquakes have become more frequent there

The Independent UK

Chevron hasn't complied with new California gas pricing law

Chevron has not complied with a new California law requiring it to disclose data on pricing

The Independent UK

3 of the Most Dependable Stocks on the Planet

Fed chair Powell’s recent hawkish comments and the upbeat economic data have raised the probability of more aggressive interest rate hikes as the economy grows too quickly. Persistent rate hikes are expected to keep the stock market highly volatile in the upcoming months. Amid an uncertain macroeconomic backdrop, quality stocks…

StockNews.com

3 Energy Stocks Heating up Right Now and 1 That's Not

Regardless of the retreat in oil and gas prices from their peaks almost a year ago, resurgent global energy demand amid constrained supplies appears to be an enduring tailwind for U.S. energy producers. Hence, while it could be wise to invest in fundamentally sound energy stocks, Shell (SHEL), PBF Energy…

StockNews.com

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The Independent UK

Could scientist Claudia Sheinbaum be Mexico’s next leader?

Mexico is a year away from electing its next head of state and the potential candidate getting the most attention is an environmental scientist who could become the first female leader of Latin America’s second-largest economy

The Independent UK

German court upholds move to take control of Rosneft units

A German federal court has upheld a government decision last year to put two subsidiaries of Rosneft under the control of German authorities, throwing out complaints from the Russian oil giant

Tribune News Service

US core CPI tops estimates, pressuring Fed as it weighs hike

Underlying U.S. consumer prices rose in February by the most in five months, forcing a tough choice for Federal Reserve officials weighing still-rapid inflation against banking turmoil in their next interest-rate decision.

The Conversation

Why central banks are too powerful and have created our inflation crisis – by the banking expert who pioneered quantitative easing

Fifty years ago, a war broke out in the Middle East which resulted in a global oil embargo and a dramatic spike in energy prices.

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The Independent UK

Joe Biden approves huge Willow oil project in Alaska

Climate activists say Biden putting climate legacy at risk

The New Daily

Energy prices ease from 2022 highs, but the squeeze isn’t over

The energy prices that pushed up Australian utility bills have eased, but will not disappear in 2023 as global market disruptions continue.

The Guardian - US

Biden just betrayed the planet – and his own campaign vows

Biden promised no more drilling on federal lands, ‘period, period’. This week he approved the massive Willow project

Al Jazeera

Willow oil drilling project in Alaska: Here’s what to know

US government decision to greenlight ConocoPhillips Alaska’s $8bn Willow oil project received praise and condemnation.

Bangkok Post

Ship with no permit causes ‘nightmare’ Philippine oil spill

MANILA: The Philippines is grappling with the fallout of an oil spill south of Manila, with a contractor describing the cleanup as a “logistical nightmare” amid questions on why the ship carrying industrial fuel was able to sail without a permit.

The Guardian - US

Biden’s approval of Willow project shows inconsistency of US’s first ‘climate president’

Biden may have promised ‘no more drilling on federal lands, period’ during his campaign, but the reality has been very different

Chronicle Live

13 Amazon Mother's Day gifts for £20 or less with next-day delivery available

From care packages and food hampers to candles, gardening tools and personalised keyrings, there's plenty to choose from when it comes to spoiling your mum this year

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