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The Latest Breaking News from Oil

Health evidence against gas and oil is piling up, as governments turn a blind eye

We are seeing deadly heat and fires circle the world. The Intergovernmental Panel on Climate Change warns we are fast running out of time to secure a liveable and sustainable future. Without emergency action to stop mining and burning fossil fuels, the world faces an unthinkable 2.8℃ temperature rise.

The Conversation

Are Higher Highs on the Horizon for Sugar Futures?

Sugar is a staple and a critical ingredient in many foods. Brazil is the leading worldwide free-market sugar producer. Sugar is the primary biofuel ingredient in Brazil, as Brazil refines sugar into ethanol. Sugar #11 futures prices on ICE have been in a bullish trend since April 2020.

Barchart

‘There’s a very real danger here’: AOC on 2024, the climate crisis and ‘selling out’

Twice re-elected and comfortable in her political skin, the Democratic congresswoman makes clear that Biden can’t take progressives for granted

The Guardian - US

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Climate activists hailed by Fearnley-Whittingstall for ‘putting liberty at risk’

The celebrity chef said tactics such as those used by Just Stop Oil help draw attention to important issues.

The Independent UK

Independence is Normal: Qatar's surprising road to independence

IT’S one of the richest countries in the world, with wealth built on vast reserves of oil and gas....and Qatar has had a long relationship with…

The National (Scotland)

Imad Alarnab’s grilled marinated chicken with a tomato, roast fennel and dukkah salad – recipes

A Syrian recipe for chicken thighs that makes an easy midweek meal with leftovers – seek out the very best tomatoes you can find for the spiced salad to go with it

The Guardian - UK

IOC unit at Perumbavoor renovated as heritage retail outlet

IOC's first retail outlet in Kerala, M/s. V.K. Janardhanan Nair & Sons, has been renovated into a heritage outlet with traditional decorations. It was inaugurated on Indian Oil Day, Sept. 1, by Sanjib Kumar Behera, IOC's CGM and State Head (Kerala), in the presence of other officials. IOC is re-enacting…

The Hindu

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What causes high gas prices?

The price of crude oil is the single biggest contributor to the retail price of gasoline.

USAFacts

Agreement reached to relinquish drilling lease on land in Montana that’s sacred to Native Americans

A Louisiana company will relinquish the last remaining oil and gas lease on land near Montana’s Glacier National Park that’s sacred to Native Americans

The Independent UK

Crude Sharply Higher on Report Russia Will Extend Its Export Cuts

October WTI crude oil (CLV23 ) Friday closed up +1.92 (+2.30%), and Oct RBOB gasoline (RBV23 ) closed up +2.53 (+0.99%). Crude oil prices Friday closed sharply higher, with crude rising to a 9-1/2 month nearest-futures high. Crude prices extended Thursday's sharp gains on a report that Russia has agreed...

Barchart

3 Best Stocks to Consider in the Energy Sector

With supply shortages likely to keep plaguing the energy supply chain, fundamentally strong stocks, Superior Drilling Products (SDPI), Helmerich & Payne (HP), and Precision Drilling Corporation (PDS), serving the energy ecosystem, are worth considering. Read on….

StockNews.com

Crude Extends Thursday's Rally on Report Russia Will Extend Its Export Cuts

October WTI crude oil (CLV23 ) this morning is up +1.36 (+1.63%), and Oct RBOB gasoline (RBV23 ) is up +3.00 (+1.17%). Crude oil prices this morning are moderately higher, with crude rising to a 9-1/2 month nearest-futures high. Crude prices extended Thursday's sharp gains on a report that Russia...

Barchart

Constable painting of alternative Hay Wain scene rediscovered

Oil on canvas sketch shows the rear of Willy Lott’s house, which appears in artist’s 1821 masterpiece

The Guardian - UK

Let’s Make-Up: the new beauty launches to have on your radar in September 2023

Our series where we fill you in on the buzziest beauty launches to know this month

Evening Standard

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The Independent UK

Gabon's opposition candidate alleges the ousted president's family is behind a plot to retain power

Gabon’s opposition candidate alleges that the family of the recently ousted president was behind a plot to keep them in power after more than five decades of rule over the oil-rich Central African nation

Fortune

Saudi Arabia has so much money to spend on sports no one else can compete, says one of world’s most popular athletes

The oil-rich nation is investing billions in sports—which includes splashing out on huge salaries for some of the world’s most famous athletes.

Evening Standard

Climate protesters disrupt Romeo and Juliet at Sadler’s Wells

Climate activists interrupted a performance of Romeo and Juliet at Sadler’s Wells theatre last night, demanding an end to its partnership with Barclays.

The Hindu

Vedanta ran covert lobbying campaign to weaken environmental laws: OCCRP

Vedanta accused of covertly lobbying to weaken environmental regulations during pandemic by OCCRP; Indian govt approved changes without public consultation; Vedanta pushed to increase mining production without new environmental approvals

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news in one place.

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The Hindu

LPG distributors in T.N. demand refund following reduction in price of refills

Cooking gas distributors in the State have urged the oil marketing companies to reimburse the amount they have lost due to the sudden price cut announced by the Union Cabinet

StockNews.com

Exxon Mobil (XOM) vs. Baker Hughes (BKR): Which Energy Stock Is the Better Buy for September?

Rising demand for oil and gas, production cuts, and declining inventory are anticipated to push oil prices up in the upcoming months. Given the immense resilience within the energy sector, let’s compare energy stocks Exxon Mobil (XOM) and Baker Hughes (BKR) to determine which of these two players could be…

Barchart

Crude Rallies on Report Russia Will Extend Its Export Cuts

October WTI crude oil (CLV23 ) today is up +0.87 (+1.07%), and Oct RBOB gasoline (RBV23 ) is down -0.0094 (-0.37%). Crude oil prices are higher today after a report that Russia has agreed with OPEC+ on further output restrictions. Bloomberg News reported that Russia will announce next week that...

The Guardian - UK

When is a vandal not a vandal? When they’re attacking Ulez cameras, say desperate Tory MPs

Investigating protest and criminal damage is apparently now a waste of police time. Funny that Conservatives didn’t say that about Just Stop Oil protests, says Guardian columnist Polly Toynbee

Salon

Exxon: climate goals destined to fail

An expanding population and worldwide economy will drive up energy demand for fossil fuels, per Exxon researchers

France 24

Coup leaders detain President Ali Bongo, appoint general to lead Gabon's 'transition'

Mutinous soldiers in Gabon proclaimed their republican guard chief as the country’s leader Wednesday after placing the just-reelected President Ali Bongo Ondimba under house arrest, alleging betrayal and massive embezzlement during his long-time rule over the oil-rich Central African nation.

France 24

'Planned in advance’: Was Gabon coup timed to follow election results?

Gabonese awoke Thursday to a new military leader after mutinous soldiers ousted a president whose family had ruled the oil-rich Central African nation for more than five decades.

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