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The Latest Breaking News from Oil

The No. 1 Energy Stock to Buy for 2023

Oil & Gas company Marathon Petroleum’s (MPC) impressive third-quarter results added to its stellar track record. With supplies constrained amid rising energy demand from Asia and Europe, the fundamentally strong company seems well-positioned to capitalize on opportunities to keep filling the gap and deliver impressive returns on investment. Read on….

StockNews.com

Prax unveils £300m carbon capture plan for Lindsey Oil Refinery

Humber proposal will support the cleaning up of the UK's most polluting industrial cluster

Birmingham Post

Exxon scientists accurately forecast climate change back in the 1970s – what if we had listened to them and acted then?

Writers of speculative- and science-fiction often identify a key point in time and explore how a seemingly insignificant event might change the path of humanity.

The Conversation

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Filipino workers: Oil company abandoned us in Hurricane Ida

Ten Filipino men who worked for a major offshore oil industry employer under federally granted visas claim in a federal lawsuit they were treated like prisoners at a company bunkhouse and that some of them were abandoned there when Hurricane Ida struck the Louisiana Gulf Coast in August 2021

The Independent UK

LA's long, troubled history with urban oil drilling is nearing an end after years of health concerns

Los Angeles had oil wells pumping in its neighborhoods when Hollywood was in its infancy, and thousands of active wells still dot the city.

The Conversation

Somaliland’s oil find could reset the regional balance: here's how

The presence of oil in Somaliland has been confirmed by a recent exploration. The discovery has raised the stakes in Somaliland’s claim for independence from Somalia as it holds the potential for a new stream of revenue for the semi-autonomous state. But the oil exploration is deepening the rift with…

The Conversation

Dublin pubs: Full list of boozers sold for combined €51.5 million last year

Many city centre pubs have still not recovered to 2019 trading levels due to a drop in mid-week custom, increase in gas and oil prices, and labour shortages

Dublin Live

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Oil Prices Advance on US Growth, Chinese Recovery Hope

Oil prices edged ahead for a second session on Friday, buoyed by stronger-than-expected US economic growth and hopes of a rapid recovery in Chinese demand as COVID-19 cases and deaths plunged from last month's peak levels. Brent futures gained 18 cents, or 0.2%, to $87.65 a barrel by 0724 GMT,…

Asharq Al-Awsat

House GOP seeks new restrictions on use of US oil stockpile

For the second time this month, House Republicans are seeking to restrict presidential use of the nation’s emergency oil stockpile — a proposal that has already drawn a White House veto threat

The Independent UK

Even After Floods Hit State, California Plans Cuts To Climate Investments

Lawmakers will have to resist inertia and oil and gas influence as the climate crisis worsens.

Capital & Main

Oil refineries release lots of water pollution near communities of color, data show

Oil refineries release billions of pounds of pollution into waterways each year, according to regulatory data. NPR found that pollution is concentrated near places where people of color live.

WEKU

Flaring and Venting Spike in December Cold Snap

Questions over whether cold weather in New Mexico an 'emergency.'

Capital & Main

Climate groups decry selection of oil chief to oversee COP28

Hundreds of climate and environmental groups from around the world released a letter Thursday that decried the nomination of an oil executive to oversee the United Nations climate negotiations at COP28

The Independent UK

Hair expert shares 'easy' five minute routine to 'boost' growth and thickness

The quick tip can be done before bed with soothing essential oils.

Daily Record

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France 24

Gas shortage renders Iran’s air quality ‘unbreathable’ due to mazut pollution

In Iran, most households rely on natural gas for their heating and hot water. But amid a cold snap and gas shortages, the population has been paralysed by sub-zero temperatures in many regions around the country. These gas shortages have not only led to widespread power cuts, but also severe…

Evening Standard

Just Stop Oil: 61 activists charged as police appeal for M25 drivers who missed vital appointments

The Met is asking to speak to motorists who missed medical appointments or suffered financial loss

Salon

"The Rig," an eco terror story

The binge-worthy thriller views economic anxiety and the green transition through the eyes of North Sea oil workers

Radio France Internationale

French docks, oil refineries, power stations hit by wave of pension protests

The national strike to protest pension reform got back under way in France on Thursday, with the CGT trade union calling on port and power workers, as well as those in the refinery and petrol distribution sector, to down tools in opposition to government plans to abolish special pension deals…

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Tribune News Service

Quick Fix: Chimichangas perfect for Super Bowl LVII

With thoughts of the Super Bowl this year in Glendale, Arizona. I decided on an Arizona-inspired meal. Chimichangas are fried burritos and a popular dish in Arizona. They’re usually made with a flour tortilla filled with meat, cheese and spices. There are many stories as to their origin, which is…

The Guardian - UK

UK climate minister received donations from fuel and aviation companies

Exclusive: Graham Stuart received £12,000 towards campaign from fuel distributor and aviation consultant

The Independent UK

Three simple and delicious plant-based Indian recipes

Katie Wright tries three fresh, spice-packed and family-friendly modern Indian meals from Nisha Katona’s latest cookbook, ‘Meat Free Mowgli’

Bangkok Post

Putting a dampener on Thai recovery

After three years in which the economy suffered from Covid effects, I am sorry to say that 2023 will not be the year of economic recovery as everyone had hoped. The global economy will still be plagued by inflation threats and several adverse factors such as excessive debt and the…

France 24

Amid gas shortages and blackouts, a harsh winter fuels discontent in Iran

For weeks, Iran has been hit by cold weather. In a country where most households rely on natural gas for heating and hot water, gas shortages in many regions have paralysed the population, leaving people in sub-zero temperatures. In some regions, schools and public facilities have even been closed. The…

The Independent UK

Olympic gold medallist avoids jail over oil tanker stunt

Team GB canoe slalom champion Etienne Stott and four other climate protestors were found not guilty after gluing themselves to the tanker’s trailer

The Guardian - UK

Olympic gold medal-winner among activists freed in XR protest case

Oil tanker trailer protestors had glued themselves to did not constitute a vehicle, says judge

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