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The Latest Breaking News from Oil

North Sea firms claim windfall tax risks 35,000 jobs and £12bn in tax receipts

Industry group says plans for tougher taxes would ‘trigger an accelerated fall’ in output and investment

The Guardian - UK

Kurt Geiger’s CEO went from cleaning toilets to running a $432 million fashion brand—he says he got promoted by making his boss look brilliant

Neil Clifford would rather step into his bosses’ shoes “than push them over the cliff.”

Fortune

Ukraine launches more than 150 drones toward Moscow and border regions, Russia says

Russia downed 158 Ukrainian drones targeting Moscow and surrounding areas as well as the Belgorod and Kursk border regions overnight, the defence ministry said on Sunday. Amid ongoing fighting in east Ukraine, Russia said its forces had captured two more Ukrainian settlements. Read our blog to see how the day's…

France 24

From analysis to the latest developments in health,
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Ukraine war briefing: Kyiv launches drone strikes on Moscow and surrounding regions, Russia says

Oil refinery and power stations among targets, say Russian officials; Zelenskiy presses US to allow deeper strikes into Russia

The Guardian - AU

Azerbaijan: A Country Steeped In Hydrocarbons

Azerbaijan, which holds early legislative elections on Sunday, is a country in the Caucasus region with a historical relationship with hydrocarbons, which account for most of its revenues.

International Business Times

Price of 19kg commercial LPG cylinder hiked by Rs39

After the hike, the retail sales price of a 19kg commercial LPG cylinder in Delhi is Rs1,691.50. Read further on Dynamite News:

Dynamite News

Little Dumpling King, Stoke-on-Trent: ‘Huge, banging flavours’ – restaurant review

From the loud music to all the crispy chilli oil, Little Dumpling King is punching well above its weight

The Guardian - UK

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Epic Labor Day Sales On Things You’ll Actually Want To Buy

Unlock amazing Labor Day deals on must-have items! From tech to home essentials, discover discounts on products you'll truly love.

Mic

Here’s one I made earlier: six recipes top chefs batch cook at home

Freshly-baked chocolate chip cookies for unexpected guests? Sumptuous fish curry at the drop of a hat? Chefs Nadiya Hussain, Andi Oliver, Tom Kerridge and others reveal the favourites they fill their fridge and freezer with

The Guardian - UK

Big Oil Goes on Offense in California With $5 Million TV Ad Buy to Thwart Potential Regulations

Banks “not on track” to meet net-zero goals, says global energy agency.

Capital & Main

Crude Prices Slump on OPEC+ Plans to Boost Oil Production

Oct WTI crude oil (CLV24 ) Friday closed down -2.36 (-3.11%), and Oct RBOB gasoline (RBV24 ) closed down -1.48 (-0.70%). Crude oil and gasoline prices Friday fell sharply. Friday's rally in the dollar index to a 1-1/2 week high weighed on energy prices. Crude also came under pressure Friday...

Barchart

Crude Prices Tumble as OPEC+ May Proceed With Production Hikes

Oct WTI crude oil (CLV24 ) today is down -2.10 (-2.77%), and Oct RBOB gasoline (RBV24 ) is down -1.79 (-0.85%). Crude oil and gasoline prices today are trading lower. Today's rally in the dollar index to a 1-1/2 week high weighed on energy prices. Crude also came under pressure...

Barchart

Venezuela Hit By Nationwide Power Outage

A blackout left most of Venezuela without power Friday in what authorities blamed on sabotage of the national electrical grid -- the latest crisis to hit the oil-rich country after a disputed presidential election.

International Business Times

Chilling video shows Houthi rebels blowing up tanker threatening huge Red Sea oil spill

United Nations has warned any oil spill from the tanker could devastate the coral reefs and wildlife around the Red Sea

Evening Standard

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Reason

Gavin Newsom's 'Price Gouging' Shtick Is Running on Empty

Gas prices in California are exceptionally high because of the state's high taxes and anti-oil regulations, not because gas station owners there are greedier.

Barchart

3 Cheap Energy Stocks for Value Investors

As energy demand remains strong, here are three value picks from the sector for long-term investors.

Al Jazeera

Libya’s central bank chief flees country over militia threats: Report

Tripoli-based Presidential Council appoints new board of directors, with banking operations suspended amid upheaval.

The Guardian - UK

Shell to cut hundreds of jobs in oil and gas exploration operations

Reduction of about a fifth of workforce in two subdivisions part of plan to slash up to $3bn in costs by end of 2025

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news in one place.

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Top News

Ecuador Begins Dismantling Oil Infrastructure In Yasuni National Park

Ecuador begins dismantling oil infrastructure in Yasuni National Park to comply with court order, balancing environmental conservation and economic conside...

International Business Times

Harris Says In First Interview US Ready To Turn Page On Trump

The 59-year-old Democrat insisted on CNN that she would be tough on illegal immigration and support controversial oil and gas fracking -- while sticking to her liberal background by pledging a fairer economy.

The Independent UK

Ecuador starts dismantling Yasuni National Park oil block two days before court deadline

Ecuador’s Ministry for Energy and Mines says it has begun to dismantle infrastructure on a controversial oil drilling block in Yasuni National Park, home to the Waorani Indigenous people

The Conversation

What if Big Oil championed – and profited from – the green transition? Here’s how it could work

Like the petroleum industry itself, households are heavily invested in existing transport technologies. Getting oil and gas companies – and consumers – to switch to zero-emissions transport is a huge challenge.

Barchart

Crude Closes Higher on Economic Optimism and Prospects for Tighter Global Oil Supplies

Oct WTI crude oil (CLV24 ) Thursday closed up +1.39 (+1.87%), and Oct RBOB gasoline (RBV24 ) closed up +4.04 (+1.95%). Crude oil and gasoline prices settled moderately higher Thursday on signs of strength in the US economy that supports energy demand. Crude also moved higher as supply disruptions in...

Al Jazeera

Houthis release footage of fighters boarding Greek oil tanker in Red Sea

Video appears to show a series of explosions on the vessel, amid fears of a potential major oil spill.

Evening Standard

You’ve been sleeping on the latest beauty trend: astrology

From face oils to candles, the beauty industry has started taking inspiration from the stars

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