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The Latest Breaking News from Oil

Commentary: Greta Thunberg: How should global leaders use trillions of dollars to combat climate change?

We cannot just buy, invest or build our way out of the climate and environmental crisis. Nevertheless, money is still very much at the heart of the problem. Investment is vital. Financial resources need to be directed to the best available solutions, adaptations and restorations, as much as we can…

Los Angeles Times

Expert shares 7 tips for creating the perfect Pancake Day pancakes

Shrove Tuesday is the day many of us dig out the frying pans to attempt our once a year go at making pancakes

Wales Online

‘A slap in the face’: Financial support for displaced California oil workers poised to expire

A pair of pilot programs meant to financially support and retrain thousands of oil industry workers at risk of losing their jobs due to the state’s climate policies are headed for termination, a year after their launch.

Tribune News Service

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UAE Energy Minister: Oil Market Is Balanced

There is no need for the OPEC+ group of oil-producing nations to meet earlier than scheduled, the United Arab Emirates energy minister said on Monday, following Russia's announcement last week that it would unilaterally cut output. "I do not see a requirement for a meeting. The market is balanced," Suhail…

Asharq Al-Awsat

Iranian President Begins Visit to China

Iranian President Ebrahim Raisi arrived in China on Tuesday for a three-day visit, flanked by a large delegation including his central bank chief and ministers for trade, the economy and oil. Raisi will hold talks with his Chinese counterpart Xi Jinping in the capital Beijing, with the pair expected to…

Asharq Al-Awsat

Venezuela to Contract for 2 Iran-built Oil Tankers in Challenge to US Sanctions

Venezuela will contract with an Iranian shipyard to build two oil tankers under an existing construction agreement bedeviled by payment delays and difficulties with needed certifications, Reuters cited people familiar with the matter as saying. This is seen as a challenge to the US sanctions. It comes weeks after the…

Asharq Al-Awsat

Farmed salmon or chicken? Environmental footprint research can guide eco-conscious consumers

Switching from meat to plant-based protein is one way to reduce greenhouse gas emissions and consume less of the planet’s natural resources.

The Conversation

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Big Oil outspent climate groups by 27X

New research tracks how polluters spend their billions

Salon

Oil slick worry at Laem Chabang

CHON BURI: Work was underway on Monday to contain the oil slick caused by a leak from a Panama-registered tanker docked at Laem Chabang deep-sea port.

Bangkok Post

Wind-powered cargo ships are the future: debunking 4 myths that stand in the way of cutting emissions

Sailing cargo ships are making a genuine comeback.

The Conversation

US to sell 26 million more barrels from strategic oil reserve

The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought to stop as oil prices have stabilized.

Tribune News Service

The real price of gas: massive Santos pipeline would destroy rare native grasslands

Australian oil and gas giant Santos wants to build an 833-kilometre gas pipeline stretching from southern Queensland to Newcastle in New South Wales. Details released by the company show the project would traverse highly productive farmland, as well as valuable native vegetation.

The Conversation

'Brass neck': Oil lobby calls for windfall tax to be dropped as firms make billions

THE oil lobby has been accused of a “brass neck” after calling for the windfall tax to be scrapped just days after energy firms reported…

The National (Scotland)

Enforcement of Oil and Gas Regulations Under Threat in New Mexico Legislature

Major laws quickly shot down, money debates still up in the air.

Capital & Main

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The Guardian - AU

Food for thought: carbon footprint of salmon and chicken farming mostly stems from feed, study suggests

Scientists hope emerging research into new types of animal feeds will make aquaculture more sustainable

Roll Call

Despite criticism, Biden hasn't slowed energy production - Roll Call

Domestic oil production is expected to set a new record this year and continue to climb into 2024, along with rising natural gas production.

The Conversation

Big Oil's trade group allies outspent clean energy groups by a whopping 27x, with billions in ads and lobbying to keep fossil fuels flowing

Leer en español.

Wales Online

'Things got off to a good start from the moment I entered' Woman did big food shop at Sainsbury's to see if it was good value for money

Emma Gill managed to buy fresh meats, fruit and vegetables as well as frozen food, cleaning products and toiletries

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Reuters

Russia likely to spy more on Norway's energy industry, say Norway security police

Russia will seek to gather more intelligence about Norway's oil and gas infrastructure as part of efforts to put pressure on European energy supplies, the Nordic country's police security agency (PST) said in its annual threat assessment on Monday.

The Guardian - US

Major US railroad merger could bring more tar sands to south-east Texas

$27bn deal would create first direct route from Canadian mines to Gulf coast, while another would ship controversial oil from Utah

The New Daily

Squeeze on motorists as petrol prices hit $2 in February

Australian motorists are being squeezed by near-record petrol prices again, as service stations across major capital cities hike.

The Guardian - UK

Fry pizza, add Marmite to roast potatoes: 27 eye-opening and invaluable tips from top chefs

Whether you want to thicken a stew, tenderise meat or get your scallops squeaky-clean, the pros have a trick for it

Manchester Evening News

Just Stop Oil protesters from Greater Manchester guilty of risking 'serious harm' to F1 drivers at Silverstone

Louis McKechnie and Joshua Smith were among a group of six demonstrators who invaded the track just after the start of July's race

Asharq Al-Awsat

OPEC Expects Demand to Reach Pre-pandemic Levels

OPEC Secretary General Haitham Al Ghais said on Sunday that the group expects oil demand to exceed pre-pandemic levels this year, reaching almost 102 million barrels a day. Demand is projected to further rise to 110 million barrels per day by 2025, he said. “OPEC remains committed to supporting oil…

Asharq Al-Awsat

Iraq, Kurdistan Region Discuss Disputed Areas, Federal Budget

A security delegation from the federal government arrived in Erbil Sunday, while another one assigned by the regional government arrived in Baghdad to discuss outstanding issues. The regional government delegation seeks to discuss the most pressing issues, including the 2023 budget, the disputed share of the region, and other topics…

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