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The Latest Breaking News from Oil

Oil marketing companies raise prices of commercial LPG gas cylinders; ATF price cut by 5.8%

Effective from November 1, the retail price of the 19 kg commercial LPG gas cylinder in Delhi will see a hike of ₹101, bringing the new rate to ₹1,833 per cylinder, according to official sources.

The Hindu

Baltic Sea faces ‘critical challenges’ on climate and biodiversity, report warns

Audit finds ‘little to no improvement’ in health of sea between 2016 and 2021, as Swedish coastguard battles oil spill

The Guardian - UK

How to ensure Alberta's oil and gas workers have jobs during the energy transition

Retraining Alberta’s oil and gas workers for the solar industry costs far less than you think. The results of our new study clearly show that a rapid transition to sustainable energy production is feasible, as costs of retraining oil and gas workers are far from prohibitive.

The Conversation

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Crude Oil Retreats on Dollar Strength and Weak Global Economic News

December WTI crude oil (CLZ23 ) on Tuesday closed down -1.29 (-1.57%), and Dec RBOB gasoline (RBZ23 ) closed up +0.05 (+0.02%). Crude oil and gasoline prices Tuesday gave up an early advance and settled mixed, with crude posting a 2-month nearest-futures low. A stronger dollar Tuesday and mostly weaker-than-expected...

Barchart

Best oil paints for the at-home artist

Lustrous pigments for maestros and beginners

Evening Standard

BP’s interim boss struggles to be heard. But his message is right

‘Nothing’s changed’ stance by Murray Auchincloss needs time despite sceptism of investors

The Guardian - UK

State attorneys general appeal challenge to labor department’s ESG rule

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

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US sanctions Myanmar’s junta-controlled state oil and gas enterprise

Sanctions imposed on Myanma Oil and Gas Enterprise in US’s first direct action against junta’s main source of foreign revenue

The Guardian - US

Crude Oil Prices Firm on Possible New Front on Israel Conflict

December WTI crude oil (CLZ23 ) this morning is up +0.58 (+0.70%), and Dec RBOB gasoline (RBZ23 ) is up +2.93 (+1.32%). Crude oil prices this morning are moderately higher. Concerns that the Israeli-Hamas conflict could escalate are underpinning crude prices on reports that Israel is shelling militant targets in...

Barchart

‘What do you call these, love?’: Alice Zaslavsky’s chicken and cauliflower rissoles

Riffing on her mother’s recipe for kotletki, the cookbook author adds panko crumbs and finely chopped veg for fluffy, crunchy patties

The Guardian - AU

How to keep chocolate cake moist and fluffy

Our panel of cakey experts say oil, acidity and a slight underbake are all factors in attaining that optimum squish

The Guardian - UK

Europes' largest economy falls further behind US in recession warning

The German economy declined 0.1% in the third quarter, with falling oil demand sounding the latest recession alarms.

Fortune

France is Europe’s biggest supporter of ‘carbon bomb’ projects, data shows

French banks have financed $154bn to firms running biggest fossil fuel projects since 2015 climate pact

The Guardian - UK

‘Pauline Boty: British Pop Art’s Sole Sister’ chronicles the artist’s life

Marc Kristal’s new biography of artist Pauline Boty brings an era to life in its celebration of her tragically short but highly influential career

Wallpaper

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The Texas Tribune

Oil and gas companies spill millions of gallons of wastewater in Texas

An exclusive Inside Climate News analysis found that companies have spilled nearly 150 million gallons of toxic, highly saline wastewater in Texas over the last decade.

Evening Standard

BP shares take a hit on profit miss even after fresh $1.5 billion payday for investors

The UK's fourth most valuable company makes the biggest fall on the FTSE 100

The Guardian - UK

Banks pumped more than $150bn in to companies running ‘carbon bomb’ projects in 2022

Projects that risk 1.5C heating target operated by companies receiving financing from European, Chinese and US banks

The Independent UK

Drivers in Argentina wait in long lines to fill up the tanks as presidential election looms

Long lines have formed at gas stations throughout Argentina as surging demand outstrips supply, becoming a campaign issue just weeks ahead of the second round of the country’s presidential race

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Barchart

Crude Oil Prices End Sharply Lower as Middle East Conflict Remains Limited So Far

December WTI crude oil (CLZ23 ) on Monday closed down -3.23 (-3.78%), and Dec RBOB gasoline (RBZ23 ) closed down -7.84 (-3.42%). Crude oil prices on Monday sold off sharply, with crude posting a 4-week nearest-futures low as Israel's ground incursion into Gaza has so far been less extensive than...

The Independent UK

Just Stop Oil activists spared jail after M25 protest

A High Court judge found they caused ‘massive disruption’ when they demonstrated on the motorway in breach of an injunction.

AAP

'Climate wreckers' given green light by big super funds

Some of Australia's most well-known super funds have been accused of faking it on supposed "climate action" against the expansion of oil and gas.

The Conversation

Niger delta is rich in resources, but environmental destruction is pushing people into poverty

Nigeria’s Niger Delta region is rich in natural resources. Its vast oil and gas deposits are the mainstay of the country’s economy.

Barchart

Crude Oil Prices Tumble as Middle East Conflict Remains Limited

December WTI crude oil (CLZ23 ) this morning is down -2.91 (-3.40%), and Dec RBOB gasoline (RBZ23 ) is down -7.06 (-3.08%). Crude oil prices this morning are sharply lower Friday as Israel's ground incursion into Gaza has so far been less extensive than expected, easing concerns that the Israeli-Hamas...

The Guardian - UK

Met uses new anti-protest powers to arrest climate protesters for first time

Force makes first use of section 7 of Public Order Act to curtail slow march protest outside parliament

The Independent UK

A ferry that ran aground repeatedly off the Swedish coast is leaking oil and is extensively damaged

The Swedish Coast Guard says a ferry boat that ran aground twice off the southeastern coast of Sweden is leaking oil and has suffered “extensive damage.”

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