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The Latest Breaking News from Oil

Industry minister not buying gas industry's tax defence

The oil and gas industry has pushed back on possible federal budget changes to tax settings that could result in the industry paying more.

AAP

As Petro visits, White House threatens new pressure on Maduro without democratic progress

President Joe Biden is open to increasing pressure on Venezuela if Nicolás Maduro fails to take concrete steps toward democratic elections, the Biden administration said on Thursday, as Colombia’s President Gustavo Petro visited the White House.

McClatchy Washington Bureau

Crude Closes Sharply Lower on Economic Concerns

May WTI crude oil (CLK23 ) on Thursday closed down -1.87 (-2.36%), and May RBOB gasoline (RBJ23 ) closed down -5.91 (-2.23%). Crude oil and gasoline prices Thursday sold off sharply, with crude posting a 2-1/2 week low and gasoline dropping to a 1-month low. Crude oil prices retreated on...

Barchart

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UK Foreign Secretary coordinates war response from NZ situation room

New Zealand has an indirect but potentially significant strategic and political interest in Sudan’s unfolding conflict, as its oil tankers pass through the Red Sea. Jonathan Milne reports.

Newsroom.co.nz

Economic Concerns Drive Crude Prices Lower

May WTI crude oil (CLK23 ) this morning is down -1.90 (-2.40%), and May RBOB gasoline (RBJ23 ) is down -7.11 (-2.69%). May Nymex natural gas (NGK23 ) is down -0.073 (-3.29%). Crude oil and gasoline prices this morning are retreating, with crude posting a 2-1/2 week low and gasoline...

Barchart

How to use a reed diffuser

A guide to how to use a reed diffuser and ensure that you get the very best aroma diffusion from your set up.

Real Homes

Germany plans to ban installation of most oil and gas heating from 2024

Bill due before Bundestag in June would encourage homeowners to switch to renewables

The Guardian - UK

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Just Stop Oil: who are the eco-protesters and what do they want?

The London Marathon is braced for disruption from Just Stop Oil after an activist from the protest group covered one of the tables at the World Snooker Championship with orange powder earlier this week.

The Week

Biden touts US efforts as oil overshadows climate summit

President Joe Biden is touting “unprecedented” climate efforts by his administration in an annual White House summit of leading economies

The Independent UK

Barry Hearn set to SUE Just Stop Oil activist who covered snooker table in orange dust

Just Stop Oil protestor Eddie Whittingham interrupted a Snooker World Championships match between Rob Milkins and Joe Perry at the Crucible in Sheffield on Monday

Daily Mirror

4 proposals to reduce Colorado’s ozone pollution and improve air quality, explained

DENVER — If there’s one thing that can be agreed upon when it comes to protecting Colorado’s environment, it’s that the state must act to clean its air. But there are widespread ideas on how to do that.

The Denver Post

Dutch salvage team set to pump oil off rusting Yemen tanker

A Dutch salvage company has reached agreement with the United Nations to pump oil from a rusting tanker off the coast of war-ravaged Yemen

The Independent UK

SNP MSP told to show 'respect' by own sister after furious attack on Greens

AN SNP MSP and former cabinet secretary had to be admonished in the Holyrood chamber by his own sister after he attacked the…

The National (Scotland)

Investors Fed Up With Fickle Stocks Cash In On This Alternative

Fed up with S&P 500 stock prices whipping all over the past year? Some investors looking for more stability think they've found a more for-sure bet: gold ETFs.

Investors Business Daily

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Barchart

Why Would Exxon Mobil Be Interested in Acquiring Pioneer Natural Resources?

Last week rumors swirled that Exxon Mobil could be eyeing a takeover of Pioneer Natural Resources.

The Independent UK

Pakistan places first order for discounted Russian oil, joining major buyers India and China

Pakistan has become the latest Asian country to import Russia’s discounted crude oil, joining India and China which are importing heavily from Moscow following its invasion of Ukraine.

Bangkok Post

Malaysia slams ‘unjust’ EU deforestation law

KUALA LUMPUR: Malaysia on Thursday said it was disappointed over a European Union law banning imports of commodities linked to deforestation, fearing a hit to its exports of palm oil to the bloc.

Evening Standard

Just Stop Oil targeting Coronation procession or London Marathon would ‘backfire,’ warns No10

Just Stop Oil targeting the coronation procession would backfire as it would cause public outrage, No10 said on Thursday.

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The Guardian - UK

First Thing: California police under audit after racist texts discovered

Messages showing Antioch officers using racist slurs, and bragging about making up evidence and beating suspects have sparked outrage. Plus, supreme court delays decision on abortion pill restrictions

The Guardian - UK

How to Blow Up a Pipeline review – explosively Tarantino-esque eco thriller

A young crew of protesters come together to destroy a Texas oil pipeline in Daniel Goldhaber’s fiercely watchable film

Belfast Live

Newry Canal concerns raised over three month wait to remove sunken boat

"Again the council has failed the environment and natural habitat of the canal, it needs to act fast."

Asharq Al-Awsat

Funding Shortage Threatens ‘FSO Safer’ Rescue Mission

In a joint effort with the UN, Britain and the Netherlands will host a conference in two weeks aimed at raising an extra $29.4 million to salvage the deteriorating oil tanker known as FSO “Safer,” moored off the coast of Hodeidah governorate in Yemen. The derelict supertanker has been stranded…

Tribune News Service

Quick Fix: Pappardelle with Artichoke Hearts and Mushrooms is a quick veggie dinner with taste of Italy

Enjoy a little taste of Italy with this quick vegetarian dinner. It’s made with pappardelle. These are large, very broad, flat pasta noodles, similar to wide fettuccine. They originated from the region of Tuscany. Marinated artichoke hearts, meaty mushrooms and fresh tomatoes create a rich sauce that is perfect with…

Manchester Evening News

Kate Garraway exclaims 'you're not talking to me' as ITV Good Morning Britain's protest debate descends into chaos

The presenter was back on GMB alongside Adil Ray when they were joined by Extinction Rebellion and Just Stop Oil protesters

Asharq Al-Awsat

Why Saudi Arabia Transfered 4% of Aramco Shares to PIF Subsidiary?

Saudi Arabia's Crown Prince Mohammed bin Salman announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to Sanabil Investments, a subsidiary of the kingdom's Public Investment Fund (PIF). Experts interviewed by Asharq Al-Awsat said the move supports PIF’s flexibility in capturing local and global investment…

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