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The Latest Breaking News from Oil

World's biggest carbon capture plant running at one third capacity, Chevron Australia reveals

The future of carbon capture technology is up in the air as United States oil and gas giant Chevron admits to an Adelaide audience that its flagship project is running at just a third of capacity six years after opening.

ABC News

Consultants: Design issues, operations lapses led to big Kansas oil spill

A report for U.S. government regulators says pipeline design issues, lapses in its operations and problems caused during construction led to a massive oil spill on the Keystone pipeline system in northeastern Kansas

The Independent UK

Crude Closes Slightly Lower on Chinese Energy Demand Concerns

June WTI crude oil (CLM23 ) on Tuesday closed down -0.25 (-0.35%), and June RBOB gasoline (RBM23 ) closed up +0.71 (+0.29%). Crude oil and gasoline prices Tuesday settled mixed. A stronger dollar Tuesday weighed on crude prices. Also, weaker-than-expected Chinese economic news Tuesday suggested the Chinese economic recovery is...

Barchart

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Sluggish economy tames local oil prices

Diesel prices dipped again on Monday to around 32 baht a litre as global crude oil prices are on a decline.

Bangkok Post

Exclusive art auction running at River City

Those with a passion for art and home decoration should mark their calendars for Saturday as "Decor+" will put under the hammer the works of famous artists from Thailand and overseas, starting at 2pm. The venue is River City Bangkok, Charoen Krung 24.

Bangkok Post

Greenpeace call for removal of Woodside's sunken gas mooring tower 'decaying' on ocean floor

Greenpeace has released underwater footage of Woodside's sunken riser turret mooring off the West Australian coast. The activist group says the structure is "decaying" and poses a contamination risk.

ABC News

Millennials And Gen Xers Are Unaware Of Nonmelanoma, Found In A New Study

New research suggests four in five millennials and Gen Xers are mindful about the sun with mixed results in use of sunscreen.

Zenger

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Crude Slightly Lower on Dollar Strength and Concern About Chinese Energy Demand

June WTI crude oil (CLM23 ) this morning is down -0.22 (-0.31%), and June RBOB gasoline (RBM23 ) is down -0.20 (-0.08%). June Nymex natural gas (NGM23 ) is up +0.062 (+2.61%). Crude oil and gasoline prices this morning are slightly lower. A stronger dollar today is weighing on crude...

Barchart

Best rollerball perfumes to give you a gorgeous scent

This year, there’s a new fragrance in town

Evening Standard

Oil Company Cancels Colorado Open Space Drilling Proposal

The plan by Extraction would have led to horizontal drilling under hundreds of acres of scenic Boulder County lands purchased with taxpayer dollars.

Capital & Main

Tesco announces further price cuts on pasta and cooking oil

It follows a number of supermarkets dropping the price of some lines of bread and butter last week in response to falling commodity prices.

The Independent UK

Best sexual wellness products for women to try in 2023: intimate serum, lube, massage oil and more

The under cover game-changers

Evening Standard

EU Foreign Minister says Europe should stop entry of Indian products made from Russian oil

Earlier this month, the Petroleum and Natural Gas Ministry strongly denied a Finland-based think tank’s report alleging that India led five countries that acted as “laundromats” to buy Russian oil and sell refined products to European countries

The Hindu

Chef dubbed 'Potato Queen' creates summer roast - with tear and share Yorkshire pudding

If you love dining alfresco in summer but miss tucking into a hearty roast dinner, then one chef might have the perfect solution by putting a seasonal spin on the classic

Daily Mirror

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The Week

Inside Venezuela’s oil corruption scandal

Dozens of business figures and politicians have been arrested so far this year in a £17bn corruption scandal that has rocked Venezuela and its state-run oil company.

Al Jazeera

EU to curb Indian fuel imports made with Russian oil: Report

The EU’s foreign policy chief has called for a crackdown of Russian oil into Europe as refined fuel, including diesel.

The Guardian - UK

Cop28 host UAE’s approach is ‘dangerous’, says UN’s ex-climate chief

Christiana Figueres says focus on carbon capture is direct threat to survival of vulnerable countries

Daily Mirror

Tesco and Aldi cut price of pasta and cooking oil - see list of reduced items

Tesco's line of own brand pasta, such as penne and spaghetti, has been reduced by 15p and its vegetable and sunflower oil have been reduced by up to 15p

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Wales Online

Tesco announces change to price of 30-products, including oil and pasta

Sainsbury’s and Tesco also recently cut the price of milk by at least 5p, followed by Aldi, Lidl and Asda

Al Jazeera

Oil giant ExxonMobil settles long-running Indonesia torture case

The trial in the 22-year-old case brought by villagers in Aceh province was due to start next week.

The Guardian - AU

South Australia tells gas industry the state is ‘at your disposal’

SA energy minister tells industry ‘we are here to help’ while federal resources minister Madeleine King promotes carbon capture and storage

Al Jazeera

Trudeau visits military personnel fighting Alberta wildfires

Widespread blazes mark an intense start to wildfire season in Canada’s oil-rich province of Alberta.

Barchart

Crude Posts Moderate Gains on the Outlook for Stronger U.S. Fuel Demand

June WTI crude oil (CLM23 ) on Monday closed up +1.07 (+1.53%), and June RBOB gasoline (RBM23 ) closed up +4.18 (+1.72%). Crude oil and gasoline prices Monday shook off early losses and closed moderately higher. A weaker dollar Monday gave energy prices a boost along with expectations for U.S....

Reuters

Ecuadorean authorities detain former energy minister in bribery probe

Ecuadorean authorities have detained a former energy minister amid an investigation into alleged bribery linked to state oil firm Petroecuador, the attorney general's office said on Monday.

Fortune

Exxon kills the ‘God pod,’ a 20,000-square-foot palace for its C-suite that excluded most employees

For 25 years, a handful of Big Oil execs had private chefs prepare their meals in gilded surroundings dotted with fine art. No longer.

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