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The Latest Breaking News from Oil

First Thing: World Bank spent billions of dollars backing fossil fuels in 2022, study finds

Campaigners estimate about $3.7bn in trade finance was supplied to oil and gas projects despite bank’s green pledges. Plus, the rapid descent of Tucker Carlson

The Guardian - UK

The world’s biggest carbon capture facility is being built in Texas. Will it work?

The plant will inject 500,000 tons of carbon dioxide into the ground each year – but is it just greenwashing from big oil?

The Guardian - US

Best anti-dandruff shampoos for men to soothe your scalp

Free your locks from flakes

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Russia-Ukraine war at a glance: what we know on day 566 of the invasion

North Korea’s Kim Jong-un set to meet Vladimir Putin; Ukraine recaptures gas and oil rigs in Black Sea

The Guardian - AU

Malaysia’s Gentari aims to operate up to 8GW of renewable energy in Australia by 2030

The clean energy unit of oil and gas giant Petronas made its first foray in February and is now planning more solar, wind and storage

The Guardian - AU

World Bank spent billions of dollars backing fossil fuels in 2022, study finds

Campaigners estimate about $3.7bn in trade finance was supplied to oil and gas projects despite bank’s green pledges

The Guardian - UK

Ukraine says Black Sea gas, oil platforms recaptured from Russian control

Ukrainian military intelligence says offshore platforms in Black Sea retaken by Kyiv forces in ‘unique operation’.

Al Jazeera

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Ukraine regains control of strategic Black Sea oil rigs, intelligence service says

Recapture of ‘Boyko Towers’ takes Kyiv ‘many steps closer to regaining Crimea’, GUR says

The Guardian - AU

Offshore energy jobs could increase by 50% by end of decade, research finds

The new report by Robert Gordon University was praised by a leading trade association for the energy sector.

The Independent UK

Crude Prices Fall Back on Global Energy Demand Concerns

October WTI crude oil (CLV23 ) on Monday closed down -0.22 (-0.25%), and Oct RBOB gasoline (RBV23 ) closed up +6.50 (+2.45%). Crude oil and gasoline prices Monday settled mixed, with gasoline posting a 2-week high. Crude fell back from a 9-3/4 month high Monday on global energy demand concerns...

Barchart

Marathon Oil Stock Sees RS Rating Jump To 82

Marathon Oil shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 75 to 82.

Investors Business Daily

Native Alaskans, wildlife win big with Biden’s cancellation of oil and gas leases in Arctic refuge

Polls in recent years show most Americans opposed drilling in the refuge. Biden’s decision shows we can stand firm to defend more communities against Big Oil, Ben Jealous writes.

Chicago Sun-Times

3 Buy-Rated Oil Stocks to Grab as Crude Prices Climb

With Goldman Sachs now warning about triple-digit oil, here's a look at three energy stocks set to benefit from additional upside in crude prices.

Barchart

How Fossil Fuel Lobbyists and Their Allies Use ‘Zombie’ Bills and Exploit Loopholes to Avoid Climate Action

In Texas, a new tax break program full of loopholes has led critics to warn that it will be exploited by major fossil fuel producers.

Capital & Main

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Barchart

Crude Prices Slip on Global Energy Demand Concerns

October WTI crude oil (CLV23 ) this morning is down -0.18 (-0.21%), and Oct RBOB gasoline (RBV23 ) is up +2.75 (+1.045%). Crude oil and gasoline prices this morning are mixed, with gasoline posting a 2-week high. Crude fell back from a 9-3/4 month high today on global energy demand...

The Independent UK

Ukraine ‘many steps closer to regaining Crimea’ after Black Sea gains

The Ukrainian military says it recaptured strategic gas and oil drilling platforms from Russia in the Black Sea

The Independent UK

Ukraine claims to recapture Black Sea oil platforms seized during Crimea's annexation

The Ukrainian military says it recaptured strategic gas and oil drilling platforms from Russia in the Black Sea

The Guardian - UK

Jane Baxter’s budget Scandinavian-style barley recipes

Scandi-style barley beetroot fritters with smoked mackerel-studded yoghurt and dill, and a barley risotto flavoured with bacon, peas and mushroom and topped with a fried egg

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news in one place.

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Evening Standard

Ukrainian special forces seize back gas and oil rigs near Crimea, say intelligence chiefs

The elite unit was reported to have come under attack from a Russian fighter jet

Barchart

Stocks Set to Open Higher as Investors Await U.S. Inflation Data, Yellen Comments Boost Sentiment

September S&P 500 futures (ESU23) are up +0.42%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.55% this morning as remarks from Treasury Secretary Janet Yellen bolstered hopes that the U.S. economy is headed toward a soft landing, while investors looked ahead to the latest U.S. inflation reading due…

The Independent UK

Seven super simple recipes for each day of National Rice Week

You can eat me for every meal, serve me hot or cold, and I’m packed full of nutritional benefits. What am I? Hannah Twiggs shares seven simple recipes that celebrate rice

Barchart

Chevron Is Moving Higher With Oil's Rise - CVX Stock is Still Cheap

Chevron has been on the move in the past several weeks as the price of oil has been rising. This is partly because CVX stock is still cheap. Moreover, short sellers of its puts are making good income.

Evening Standard

Just Stop Oil in danger of ‘sucking the oxygen’ out of essential climate debate

Just Stop Oil’s civil disruption tactics could be damaging the campaign to form effective action to combat climate change, it has been claimed.

The Hindu

Explained | Did Vedanta lobby to dilute ‘green’ curbs?

According to a Organised Crime and Corruption Reporting Project (OCCRP) report, the Union Environment Ministry’s 2022 move to relax regulations to allow mining companies to increase production by up to 50% followed lobbying by the Vedanta group in 2021

The Guardian - UK

New NatWest boss worked for oil firm under investigation in ‘world’s biggest financial scandal’

Exclusive: Rick Haythornthwaite was paid £200,000 a year by Saudi company, PetroSaudi, involved in 1MDB scandal

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