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The Latest Breaking News from Oil

Putin clashes with own finance minister over damage done to Russian economy by oil sanctions

Putin appears to downplay Anton Siluanov’s concerns by saying the situation is ‘absolutely stable’

The Independent UK

G7 weighs new sanctions on Russia to end Ukraine war

Existing sanctions are some of the toughest ever imposed on a major economy, but there is still room to tighten.

Al Jazeera

South Australia rushes through anti-protest laws as activists rally outside oil and gas conference

Climate activists face large penalties and three-month jail terms in bipartisan move which appears to have been hashed out on talkback radio

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Wisconsin tribe to ask court to shut down oil pipeline

Attorneys for a Wisconsin Native American tribe are set to present their arguments that a federal judge should order an energy company to shut down an oil pipeline because rapid erosion could expose it and cause a massive oil spill on reservation land

The Independent UK

Oil drilling project near mouth of Amazon River rejected by Brazil's environmental regulator

Brazil’s environmental regulator has refused to grant a license for a controversial offshore oil drilling project near the mouth of the Amazon River, prompting celebration from environmentalists who had warned of its potential impact

The Independent UK

Oil project near Amazon River mouth blocked by Brazil's environment agency

The Independent UK

'Slap on wrist' for Rio Tinto and Fortescue after breaching environmental regulations in WA

Big mining companies Rio Tinto and Fortescue are revealed in Western Australia's parliament as those noted in a recent auditor-general report for breaching environmental regulations, with a lack of penalties or enforcement by government departments.

ABC News

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French army accused of failing to stop French hostage Olivier Dubois's kidnapping

In tonight's edition: The French army has been accused of trying to piggy-back onto former hostage Olivier Dubois's arrangements to interview a jihadist commander in Mali, but doing little to stop the reporter's eventual abduction. Also, a scientifically-backed report finds that big oil extraction in Nigeria's Bayelsa State has come…

France 24

'Whales died so women could look like this': what shows like Bridgerton get wrong about whalebone and corsetry

The hotly anticipated prequel to the popular Bridgerton series, Queen Charlotte: A Bridgerton Story, has just been released on Netflix. The Bridgerton writers have once again taken aim at the corset in the opening sequence of the first episode.

The Conversation

Crude Sharply Higher as Risk-On Sentiment Outweighs EIA Crude Inventory Build

June WTI crude oil (CLM23 ) on Wednesday closed up +1.97 (+2.78%), and June RBOB gasoline (RBM23 ) closed up +9.01 (+3.63%). June Nymex natural gas (NGM23) is down -0.024 (-1.01%). Crude oil and gasoline prices Wednesday rallied sharply, with gasoline climbing to a 2-week high. Wednesday's main bullish factor...

Barchart

Tesco announces price cuts on 30 cupboard essentials to 'help shoppers spend less'

It comes after consumer experts at Which? urged the Government and supermarket bosses to take 'urgent action' over inflated food prices

Chronicle Live

BP subsidiary agrees to record $40M penalty and pollution-cutting steps at Lake Michigan refinery

Federal officials say a BP subsidiary will pay a $40 million penalty and install technology to control the release of benzene and other contaminants at its Whiting oil refinery in northern Indiana

The Independent UK

Crude Rallies as Risk-On Sentiment Outweighs an Unexpected Build in EIA Inventories

June WTI crude oil (CLM23 ) this morning is up +1.45 (+2.05%), and June RBOB gasoline (RBM23 ) is up +6.69 (+2.70%). June Nymex natural gas (NGM23) is down -0.024 (-1.01%). Crude oil and gasoline prices this morning are moderately higher, with gasoline climbing to a 2-week high. Today's main...

Barchart

Crude Oil- Back in the U.S. Administration’s Buying Zone

In October 2022, the Biden administration told the crude oil market that the target range for replacing barrels sold from the U.S. Strategic Petroleum Reserve was $67 to $72 per barrel. The price is back at its buying level, and time will tell if the administration pulls the trigger to…

Barchart

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Edinburgh Live

The unspoilt Scottish village dubbed one of UK's greatest summer getaways

As the weather heats up we are looking for day trip inspiration, and one unspoilt village not too far from Edinburgh has just been named on the Telegraph's '30 Greatest villages in the UK' list.

Evening Standard

Met refers itself to police watchdog after royal fan detained for 13 hours

Alice Chambers was arrested along with Just Stop Oil protesters on The Mall

GoodToKnow

Air fryer cumin-crusted pork tenderloin and potatoes

Swap the usual Sunday roast for this succulent cut of air fryer pork tenderloin with potatoes...

The Guardian - UK

Could Guyana’s Exxon ruling scare big oil off risky exploration?

Ruling requiring ‘unlimited guarantee’ from oil firms to cover costs of spills could change offshore drilling throughout region

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The Guardian - UK

Local Hero review – wistful 80s comedy snares your heart with charm and beauty

Bill Forsyth’s happy-sad tale about a fishing village under threat from US oil money is as wonderful as ever, with standout turns from Burt Lancaster and youthful Peter Capaldi

Evening Standard

Just Stop Oil interrupt police giving evidence on protests to MPs

Just Stop Oil activists interrupted senior officers as they were giving evidence in Parliament on policing protests.

The Independent UK

Influential committee of MPs interrupted by Just Stop Oil protesters

MP Tim Loughton was questioning Metropolitan Police Temporary Assistant Commissioner Matt Twist when a campaigner was heard interrupting proceedings.

The Independent UK

India hits back at EU’s criticism over Russian oil: ‘Look at your regulations’

Brussels’s chief diplomat says EU will ‘have to act’ against ‘circumvention of sanctions’

Daily Mirror

Just Stop Oil activists disrupt Parliament hearing into Coronation protests policing

Demonstrators interrupted police chiefs giving evidence to the Home Affairs Select Committee about officers' handling of protesters during the royal spectacle as King Charles was crowned

The National (Scotland)

Protesters interrupt committee discussing arrests during the coronation

THE proceedings of the Commons Home Affairs Committee have been interrupted by Just Stop Oil protesters.

The Guardian - UK

Norway under pressure to scale back fossil fuel expansion plans

Campaigners say development of huge Rosebank field in North Sea would drive climate breakdown

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