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The Latest Breaking News from Oil

Just Stop Oil protesters hold up traffic in latest slow march through London

Activists from the climate action group walked slowly in front of traffic in Camden, North London holding up banners reading "Just Stop Oil", on Tuesday morning

Daily Mirror

Just Stop Oil activists hold up traffic in north London

Police observed the protesters on their walk from Delancey Street to Chalk Farm via Camden Town and did not intervene.

The Independent UK

Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B

Oil giant Saudi Aramco has reported a first-quarter profit of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns

The Independent UK

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Most Scots see North Sea energy industry 'as a benefit to economy'

Poll comes as the consultation on the Scottish Government’s Energy Strategy and Just Transition ends

Insider UK

‘Mind-boggling’ methane emissions from Turkmenistan revealed

Leaks of potent greenhouse gas could be easily fixed, say experts, and would rapidly reduce global heating

The Guardian - UK

The end of offshore oil and gas exploration in NZ was hard won – but it remains politically fragile

Recent news that the New Zealand government has granted an offshore oil and gas exploration permit it had earlier declined demonstrates how fragile the current ban on such activity still is.

The Conversation

Crude Prices Close Higher on Disruptions to Canadian Crude Production

June WTI crude oil (CLM23 ) on Monday closed up +1.82 (+2.55%), and June RBOB gasoline (RBM23 ) closed up +8.26 (+3.47%). Crude oil and gasoline prices Monday settled moderately higher. Crude prices rose Monday on carryover support from last Friday's stronger-than-expected U.S. Apr payroll report that eased recession fears...

Barchart

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Turn $50 at TJ's into 5 homemade meals

"A trip to TJ's certainly won't come at the expense of quality — or your paycheck!"

Salon

Rightward slant of UCP candidate slate risks upsetting moderate Alberta voters

As Canada's oil province Alberta gears up for a May 29 election, some political analysts say the candidates being put forward by right-wing premier Danielle Smith's ruling United Conservative Party (UCP) may deter voters more used to moderate conservative lawmakers.

Reuters

Best Energy Stock to Buy With the Most Potential

Energy drilling services provider Superior Drilling Products (SDPI) shows promising prospects with the growing demand for oil and gas. Hence, this energy stock could be a wise pick now. Let’s look at some of its key metrics….

StockNews.com

Crude Prices Gain on Disruptions to Canadian Crude Production

June WTI crude oil (CLM23 ) this morning is up +1.81 (+2.54%), and June RBOB gasoline (RBM23 ) is up +6.68 (+2.81%). June Nymex natural gas (NGM23 ) is up +0.106 (+4.96%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing today on carryover support...

Barchart

Huge scam exposed in the purchase of diesel by Railways

According to Railways sources, an audit of HSD purchase by the North East Frontier Railway revealed excess payment to the tune of ₹243 crore

The Hindu

2 Energy Stocks Outperforming Wall Street

The energy sector thrived in 2022 and is envisioned to remain buoyed in the foreseeable future due to soaring demand amid the reopened Chinese economy. Given this backdrop, quality energy stocks Hess Midstream LP (HESM) and CVR Energy (CVI), outperforming Wall Street, could be worth buying now. Read on….

StockNews.com

Dire Edinburgh images show 'oil spill' in Water of Leith as it reaches bird's nest

Concerned locals have spotted oil sitting on top of the Water of Leith and it's now reaching new bird nests where new chicks have hatched.

Edinburgh Live

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Reuters

Wildfires in Canada's main oil province Alberta force producer shutdowns

Cooler weather across Alberta on Monday helped firefighters battling widespread wildfires in Canada's main oil-producing province, but the government said it could be months before all the blazes are brought under control.

The National (Scotland)

Scottish Government told 'bite the bullet' and give date for end of oil and gas use

CLIMATE campaigners are calling on the Scottish Government to set a date to end the use of oil and gas within this decade.

Al Jazeera

Five years after Trump’s exit, no return to the Iran nuclear deal

Trump’s slew of sanctions and a changing political climate have contributed to JCPOA remaining in limbo.

The Conversation

What Australia's new gas tax will mean for new projects, the economy and the climate

Treasurer Jim Chalmers has announced higher taxes on gas industry profits, which he says will give Australians a “fairer return” on their natural resources.

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The Hindu

Govt. panel proposes ban on diesel 4-wheeler vehicles by 2027

India should ban the use of diesel-powered four-wheeler vehicles by 2027 and switch to electric and gas-fuelled vehicles in cities with more than a million people and polluted towns in order to cut emissions, an Oil Ministry panel is recommending.

ABC News

The gas industry is being hit with jacked-up taxes. What's changing?

Tuesday's federal budget will include changes to a key tax levied on gas exporters, aimed at bringing billions in additional revenue to the budget over the next few years. But some say it still falls too far short.

The Independent UK

One-pot recipes for washing up haters

If you’re into washing up, these recipes might not be for you, warns Hannah Twiggs. Spend less time at the sink and cook up three one-pot dishes in no time

Salon

We found your perfect summer salad

Zesty, crunchy and filling, this salad from "The Vermont Farm Table Cookbook" is a seasonal winner

Chronicle Live

Seaton Burn engineer swung baseball bat at former partner's new lover

Daniel Brennan, who has a job repairing oil pipelines, had the weapon outside his ex's address and ran towards the victim's car with it

The Independent UK

Brazil's Amazon megaprojects threaten Lula's green ambitions

After his swearing-in ceremony earlier this year, Brazil's President Luiz Inacio Lula da Silva walked up the ramp to the presidential palace arm in arm with one of the world’s most famous Indigenous leaders

The Conversation

As Alberta’s oilsands continue leaking toxic wastewater, aquatic wildlife face new risks

Three months ago, 5.3 million litres of industrial wastewater was reported to have overflowed from an Imperial Oil storage pond into a muskeg and forested area. This industrial wastewater could have filled more than two Olympic-sized swimming pools, and is now one of the largest known spills of its kind…

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