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The Latest Breaking News from Oil

‘It went down smoother’: Starbucks’ olive oil coffee approved in Milan

Company’s CEO credits idea to mix classic Italian tastes to a daily ritual he adopted on a trip to Sicily

The Guardian - UK

Starbucks launches 5 olive-oil-infused coffee drinks after CEO Howard Schultz discovered the combo on a trip to Italy

Oleato beverages will hit the U.S. this spring.

Fortune

A ‘Fairy Tale’ Trip to 1980s Houston

In between a trip to Scotland, director Bill Forsyth's Local Hero lets viewers glimpse a bygone Bayou City of 40 years ago.

Texas Observer

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Boots shoppers swear by £12 Bio-Oil which 'helps reduce stretch marks and acne'

Bio-Oil is a favourite amongst celebs too including Kim Kardashian and Molly-Mae

Daily Mirror

Dunelm shoppers are 'not turning on central heating' with £34 portable radiator

Shoppers say they don't need the heating with the retailer's radiator

Daily Record

What is carbon capture and storage? Where is it happening in the US?

Carbon capture is getting increasing attention as a part of the nation’s long-term climate goals. New Energy Department data identifies 58 active projects across the US

USAFacts

Starbucks adds olive oil to coffee in new range

The new recipe was launched in Italy on Wednesday, and will later be sold in Southern California, UK, Middle East and Japan

The Independent UK

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US energy firms use Ukraine war to lock in long-term gas contracts, report says

Oil and gas companies seek expansive contracts to tackle short-term problem of tight European gas supply

The Guardian - US

Tight fiscal leash awaits winner of Nigeria presidential election

Ahead of the election, Africa’s largest economy is in a precarious position due to rising debt and low revenue.

Al Jazeera

Starbucks launches extra virgin olive oil-infused coffee

Oleato range now on sale in Italy and comes to the US, UK, Japan and Middle East later this year

The Guardian - UK

Most Scots 'in no rush' to shut down North Sea oil production

Latest polling from industry body suggests that more than a third want to extend oil and gas extraction

Insider UK

Starbucks launches olive oil coffee drinks in Italy with UK launch planned

The new range supposedly has an ‘extraordinary new flavour and texture’

Evening Standard

Tanzania approves controversial oil pipeline despite environmental concerns

Tanzania has approved the construction of a pipeline that would allow Ugandan oil to be delivered to international markets, dismissing environmental concerns about the project as “propaganda”.

Radio France Internationale

No economic 'knockout' yet from West's sanctions on Russia

One month into the invasion of Ukraine, President Joe Biden declared that sanctions against Russia had rendered the ruble almost immediately “to rubble.”

The Independent UK

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Zenger

Israeli-linked Oil Tanker Struck In The Persian Gulf That Was Denied By Iran

Iran rejects Jerusalem's accusation that Tehran attacked an Israeli-linked oil tanker in the Persian Gulf.

Bangkok Post

OR allots B31.2bn for capex this year

PTT Oil and Retail Business Plc (OR) plans to allocate capital spending worth 31.2 billion baht to fuel businesses in Thailand and overseas, with the largest portion of money going to non-oil businesses.

The Conversation

How Putin has shrugged off unprecedented economic sanctions over Russia's war in Ukraine – for now

The U.S. and four dozen other countries have imposed punishing sanctions on Russia in reaction to its invasion of Ukraine on Feb. 24, 2022. The sanctions were unprecedented in their scope and severity for an economy of Russia’s size.

The Guardian - US

US supreme court lets Arkansas law penalising Israel boycotts stand

Anti-boycott law provides model for legislation to protect oil companies, gun makers and contentious industries from protest

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Salon

Both parties enable rail robber barons

The rail monopoly got a stranglehold on Congress, the executive branch and federal regulators

WEKU

Lentil soup comes to the rescue in quake-ravaged Turkey

It's a supersoup during this humanitarian crisis. Easy to make, it warms the displaced, fuels rescue crews and comforts residents traumatized by the disaster.

Daily Record

Celebs including Frankie Boyle write open letter to PM demanding ban on new Rosebank oil field

Scots comic joins Aisling Bea, popstar Aurora and around 200 campaign groups to call on Rishi Sunak to ditch controversial Rosebank development in the North Sea.

WEKU

China's top diplomat visits Moscow as Russia's war on Ukraine nears 1 year

Trade between China and Russia has increased over the past year, especially with Chinese purchases of Russian oil and gas.

Evening Standard

Extinction Rebellion target London Fashion Week with oil stunt and ‘die in’

The activist group were aiming to highlight Coca-Cola’s impact on the environment

The Guardian - US

Biden urged not to approve oil terminals that could create ‘carbon bombs’

Report finds four new offshore depots would emit around three times what the entire US emits each year, pushing world closer to climate catastrophe

Bangkok Post

OR to invest B31.2 billion this year

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