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The Latest Breaking News from Oil

China investigating after media report finds same trucks transport edible oil and a form of coal

China’s authorities are investigating food safety concerns in cooking oils after an investigative report from local media revealed that tankers carrying soybean oil from a major state-owned company were also used to carry a form of coal

The Independent UK

‘This is something that divides us’: Ecuador’s turbulent transition from oil dependence

With economic crises bearing down on the government, honouring the result of a referendum that demanded an end to drilling in a national park is proving difficult

The Guardian - UK

AP PHOTOS: Oil wrestlers battle for the title in a more than 600-year-old competition in Turkey

After nearly an hour of grappling with his opponent under the blazing sun, Turkey’s “Tireless Wrestler” was crowned the winner of the 663rd Kirkpinar Oil Wrestling Championships.

The Independent UK

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Warren Buffett Has Over 10% Of His Portfolio in Two Energy Stocks That Are Also Dividend Aristocrats

Billionaire investor Warren Buffett has been heavily investing in energy stocks in recent years as the companies accelerate innovation of low-carbon technologies.

International Business Times UK

Crude Closes Lower on Little Hurricane Damage to Texas Oil Infrastructure

August WTI crude oil (CLQ24 ) Tuesday closed down -0.92 (-1.12%), and Aug RBOB gasoline (RBQ24 ) closed down -1.05 (-0.41%). Crude oil and gasoline prices Tuesday fell to a 1-week low and closed moderately lower. Crude oil prices fell after the landfall of Hurricane Beryl in Texas on Monday...

Barchart

Donald Trump’s oil baron lovefest wins over a Nikki Haley supporter and his cash

With his finances drained by legal woes, Trump is now engaging in increasingly brazen efforts to win both big-money backers and non-Republican voters

The Independent UK

13 award-winning moisturisers and sunscreens, picked by the experts

These expert-approved moisturisers and sunscreens are really worthy of a spot in your skincare routine

Woman & Home

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Where are Grain and Oilseed Prices Heading in Q3 and Beyond?

Grain and oilseed prices have been under selling pressure since making all-time or multi-year highs in 2022. The selling continued in Q1 and Q2 2024. As we move into the second half of 2024, prices have dropped to levels that could offer value for the coming months and years as…

Barchart

Showdown in Colorado: Whether to Drill Under Homes, Schools and the Water Supply

A plan for drilling 156 oil and gas wells near a Superfund site has driven suburban residents to action.

Capital & Main

How the economics of oil could sway the US presidential election

Oil continues to influence global economics and politics like no other finite natural resource. In the 2024 US presidential election, the strategic commodity will be an important domestic issue.

The Conversation

Crude Falls on Little Hurricane Damage to Texas Oil Infrastructure

August WTI crude oil (CLQ24 ) today is down -0.33 (-0.40%), and Aug RBOB gasoline (RBQ24 ) is up +0.40 (+0.16%). Crude oil and gasoline prices today are mixed, with crude falling to a 1-week low. A stronger dollar today is weighing on crude prices. Also, the landfall of Hurricane...

Barchart

Director Nicolas Lambert probes France's 'family secret', its colonial past

Actor and director Nicolas Lambert is drawn to the darker sides of France, from the oil business to arms sales. His one-man show France, Empire, appearing this month at the alternative theatre festival in Avignon, mixes personal and collective stories to uncover "a national family secret": France's colonial past.

Radio France Internationale

‘Antidotes to despair’: five things we’ve learned from the world’s best climate journalists

From climate crisis being a crime story to presenting basic weather news in the context of climate change, here are some lessons from journalists

The Guardian - US

BP to take hit of nearly $3bn amid oil refining woes

Shares fall as energy company expects huge writedown on German plant

The Guardian - UK

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The Guardian - UK

Pristine forests and grinding poverty: why shouldn’t Brazil’s Amapá state embrace oil wealth?

The state’s dilemma sums up a core problem faced by the president, Luiz Inácio Lula da Silva: how to reconcile environmental commitments with the need for development

Ideal Home

Powdery mildew on plants - Experts explain what causes this harmful disease and how to get rid of it for good

Powdery mildew isn’t always fatal, but you still need to act fast

Barchart

Crude Settles Lower as Hurricane Beryl Misses Gulf Oil Operations

August WTI crude oil (CLQ24 ) on Monday closed down -0.83 (-1.00%), and Aug RBOB gasoline (RBQ24 ) closed down -2.12 (-0.83%). Crude oil and gasoline prices Monday posted moderate losses. A stronger dollar on Monday was bearish for crude prices. Also, concerns receded that Hurricane Beryl would impede oil...

Evening Standard

Best hummus, taste tested: We try the top shop-bought brands

Oh so Moorish

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The Guardian - UK

Guyana banks on future as a ‘new Qatar’ in high-stakes gamble over oil production

With newfound oil wealth reshaping the economy, can the country balance growth with sustainable development?

The National (Scotland)

Rachel Reeves eyes Scottish oil and gas for new 'national wealth fund'

RACHEL Reeves has confirmed plans to fund a new national wealth fund to back private investment with public money – expected to be funded by a…

The Independent UK

Indian Prime Minister Modi makes first visit to Russia since the start of its war on Ukraine

India’s prime minister is kicking off a two-day visit to Russia, his first since Moscow launched its invasion of Ukraine — a war that has complicated the relationship between the longtime partners and pushed Russia closer to India’s rival China

The Guardian - UK

‘Will you stop exploring yours?’: Latin America forges ahead on new oil frontier

About half the countries in the region are experiencing a rush in oil exploration that threatens the global drive to achieve net zero. But many argue that they have a right to enrich themselves in the same way the west has

Motor1

Ford 2.0-Liter Teardown Shows How Badly the EcoBoost Can Destroy Itself

This former Ford engine went out in spectacular fashion, going by all the damage.

The National (Scotland)

Keir Starmer promises to protect jobs saying Grangemouth oil refinery is top priority

KEIR Starmer has promised to “preserve jobs” at Grangemouth oil refinery ahead of his meeting with John Swinney ...

Radio France Internationale

Senegal sets out to secure fairer partnerships in mining sector

Senegal's recently elected president, Bassirou Dioumaye Faye, has promised to renegotiate mining, gas and oil contracts signed with foreign companies. At a top-level summit in Paris this week, his mining minister set out how the new government plans to break away from old practices and alliances.

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