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The Latest Breaking News from Oil

Shell’s ‘obscene’ $5bn profits reignite outrage amid climate crisis

Campaigners criticise plan to increase oil and gas production despite extreme heat in Europe

The Guardian - UK

Shell misses expectations as earnings halve

Adjusted earnings were just under 5.1bn US dollars (£3.9bn) in the three months to the end of June, down from 11.5bn dollars (£8.9bn) a year earlier.

The Independent UK

France's TotalEnergies starts drilling for oil in Uganda

French oil giant TotalEnergies has started drilling oil wells in Uganda as part of the massive East African Crude Oil Pipeline project that has been opposed by environmental and human rights groups.

Radio France Internationale

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Crude Settles Lower on a Smaller-Than-Expected Draw in Weekly EIA Supplies

September WTI crude oil (CLU23 ) on Wednesday closed down -0.85 (-1.07%), and Sep RBOB gasoline (RBU23 ) closed up +4.39 (+1.57%). Crude oil and gasoline prices on Wednesday settled mixed. Crude prices are modestly lower after weekly EIA crude inventories fell less than expected. Also, the Fed's action Wednesday...

Barchart

Regular Olive Oil Use Linked To Lower Risk Of Fatal Dementia, Study Finds

Incorporating half a tablespoon of olive oil into daily diet may reduce risk of dementia-related death by 28%, according to research.

Zenger

Crude Under Pressure on a Smaller-Than-Expected Draw in EIA Inventories

September WTI crude oil (CLU23 ) this morning is down -0.23 (-0.29%), and Sep RBOB gasoline (RBU23 ) is up +5.32 (+1.89%). Crude oil and gasoline prices this morning are mixed. Crude prices are modestly lower after weekly EIA crude inventories fell less than expected. Also, the Fed's expected 25...

Barchart

Footage of climate activists spray painting portrait of King Charles in Edinburgh

TWO activists from climate action group This is Rigged have sprayed “the people are mightier than the lord” onto a portrait of King Charles…

The National (Scotland)

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CET operates bus using biodiesel made from waste cooking oil

The College of Engineering Thiruvananthapuram (CET) has successfully powered its bus using biodiesel produced from used cooking oil

The Hindu

Big Oil’s War Against ‘Woke Capitalism’

The fossil fuel industry and right-wing activists are increasingly targeting investors that consider environmental and social issues — but is it working?

Capital & Main

Oil palm farmers in Andhra Pradesh complain to State BJP chief over low remuneration

AP Oil Palm Farmers' Welfare Assoc. requested BJP State Pres. Daggubati Purandeswari to take their issues to Central govt. Duty-free import of CPO adversely affecting farmers, price of FFB dropped from ₹23,635 to ₹13,000. Dynamic import duty mechanism & reimpose duties needed to protect livelihood of oil palm & oilseed…

The Hindu

How to grill the best kebabs at all your upcoming barbecues

Most kebabs are best cooked over direct medium-high or high heat. Make sure your grill grates are clean, hot, and brushed with oil before you start grilling.

Chicago Sun-Times

Just Stop Oil pair in bid to challenge ‘longest’ sentences for peaceful protest

Morgan Trowland, 40, and Marcus Decker, 34, were previously found guilty of causing a public nuisance after scaling a bridge on the Dartford Crossing.

The Independent UK

Trump to return artefacts sent by Israel and held at Mar-a-Lago

Israel sent items including ancient coins and ceramic oil lamps in December 2019 for Hanukah event at White House

The Guardian - US

Fury as oil giant's profits total £6 billion in just three months

CLIMATE campaigners have been left outraged at the news Norwegian oil giant Equinor has announced pre-tax profits of £5.8 billion for the last…

The National (Scotland)

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The Hindu

Meet three Karnataka farmers retailing farm-fresh value-added products

The Hindu brings you stories of farmers in Karnataka who produce fresh value-added products in small batches and retail them directly to the customer. Think cold pressed oils, coconut chips, ghee, coffee, and more farm-rich goodness.

Tom’s Guide

7 ways to repel Japanese beetles and keep your yard safe

Keep your yard and garden safe from Japanese beetles with these 7 failsafe tips.

The Independent UK

Just Stop Oil pair jailed over bridge protest in bid to appeal against sentences

Morgan Trowland, 40, and Marcus Decker, 34, were previously found guilty of causing a public nuisance after scaling a bridge on the Dartford Crossing.

The Guardian - AU

Alice Zaslavsky’s one-pot ‘unrolled’ cabbage rolls recipe – and other ways to use a whole head

Cabbage might seem like a never-ending veggie, but cookbook author Alice Zaslavsky knows how to make the most of the affordable winter staple

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Salon

Billionaires fight to save Ken Paxton

Supporters have risen to Paxton’s defense in impeachment, fueled by the deep pockets of oil-rich West Texas donors

StockNews.com

3 Quality Energy Stock Buys Investors Are Pursuing

With fossil fuels likely to find continued usage in the foreseeable future, quality energy stocks HF Sinclair (DINO), Weatherford International (WFRD), and CVR Energy (CVI) are justifiably popular on Wall Street. Read on….

Barchart

Crude Moves Higher on Improved Prospects for Additional China Stimulus

September WTI crude oil (CLU23 ) on Tuesday closed up +0.89 (+1.13%), and Sep RBOB gasoline (RBU23 ) closed down -4.28 (-1.51%). Crude oil and gasoline prices Tuesday settled mixed, with crude posting a 3-month nearest-futures high. Crude found support Tuesday on optimism of stronger Chinese energy demand after China...

StockNews.com

3 Energy Stocks to Watch With Quality and Momentum Backing Them

Despite facing macroeconomic headwinds, the energy industry holds a promising long-term outlook due to rapid urbanization and the sluggish energy transition. Hence, energy stocks Exxon Mobil (XOM), Chevron Corporation (CVX), and Cross Timbers Royalty (CRT), buoyed by their Quality and Momentum, could be ideal additions to your watchlist. Read more….

StockNews.com

4 B-Rated Energy Stocks With Tons of Value in Them

The energy sector shows great promise, buoyed by soaring prices and robust demand. Therefore, it could be wise to invest in four fundamentally sound energy stocks Valero Energy Corp (VLO), Par Pacific Holdings, Inc. (PARR), Unit Corp. (UNTC), and Amplify Energy Corp. (AMPY), which are B (Buy) rated in our…

Barchart

Crude Gains on the Prospects for Additional China Stimulus

September WTI crude oil (CLU23 ) this morning is up +0.61 (+0.77%), and Sep RBOB gasoline (RBU23 ) is down -4.46 (-1.57%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 3-month nearest-futures high. Crude found support today after China signaled further measures to bolster...

Al Jazeera

UN starts moving oil from Yemen tanker in bid to stop disaster

The supertanker, with more than a million barrels of oil, has been deteriorating since 2015.

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