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The Latest Breaking News from Oil

EU agrees to set $60 price cap level for Russian oil exports

The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving the way for a wider Group of Seven deal.

Tribune News Service

Scotland Office refuse to disclose grafitti damage costs at Edinburgh HQ

Just Stop Oil activists threw red paint over the plush glass-fronted flagship Edinburgh office earlier this year

The National (Scotland)

State response to Just Stop Oil must be within the law, says Sadiq Khan

London mayor’s demand comes as civil rights campaigners criticise PM’s promise to increase police powers

The Guardian - UK

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India to continue buying oil from all countries including Russia: Official

NEW DELHI: India will continue to buy crude oil from anywhere in the world, including Russia, to meet its energy needs, a top official said ahead of EU restrictions on Russian oil kicking in.

The Times of India

Emergency Fuel Support Programme opens next week in Derry - but no direct aid for gas users

Derry City and Strabane council’s Emergency Fuel Support Programme is set to be rolled out across the district

Belfast Live

EU tentatively backs $60-per-barrel price cap on Russian oil

The European Union has tentatively agreed to a $60-per-barrel price cap on Russian oil

The Independent UK

Let’s Make-Up: the new beauty launches to have on your radar in December 2022

Our series where we fill you in on the buzziest beauty launches to know this month

Evening Standard

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Should You Put More Money Into APA Corp. Before the End of This Year?

APA Corporation (APA) has benefited from the higher crude oil prices this year, and its shares have gained more than 73% year-to-date. Although crude oil prices have dropped from their highs, analysts seem optimistic about a price recovery considering the expected demand-supply dynamics. Given this backdrop, will it be wise…

StockNews.com

Action against Just Stop Oil must be ‘within the law’, says London Mayor

Rishi Sunak pledged on Thursday that police will have whatever powers required to crack down on disruptive protests.

The Independent UK

Oil and gas boom will 'accelerate' Scotland's green energy revolution

A HUGE boost in oil and gas revenue could accelerate Scotland’s green revolution, an economist has said.

The National (Scotland)

What to know about the West's new efforts to slash Russia's oil revenue

Plans take effect next week that would ban most Russian oil imports from Europe and put a price cap on the oil going elsewhere. But Russia could still make money off oil to fund its war in Ukraine.

WEKU

Wooden spoons and glass mugs: how to avoid toxic chemicals in your kitchen

Tom Perkins has reported widely on the potential risks of toxic chemicals. Here’s his guide to help you find safe alternatives for your kitchen

The Guardian - US

Best halogen ovens for saving money while cooking

These clever gadgets use infrared halogen and cook in a way that can not only save on your energy bills but by using less oil too

Evening Standard

Going green will not alone solve our energy crisis

City Voices: Why we are running out of gas

Evening Standard

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France 24

Scholz urges Putin to withdraw troops for 'diplomatic' end to war

German Chancellor Olaf Scholz on Friday urged Russian President Vladimir Putin to seek a diplomatic solution to end the war in Ukraine, including troop withdrawals, Berlin said following a telephone call between the two leaders. Earlier on Friday Russia rejected US President Joe Biden's terms for talks between Russia and…

Asharq Al-Awsat

Yemen, UAE Coordinate to Deter Houthi Attacks against Economic Facilities

UAE President Sheikh Mohamed bin Zayed Al Nahyan discussed with the Chairman of the Yemeni Presidential Leadership Council, Rashad Mohammed al-Alimi, coordinating efforts to deter Houthi terrorist attacks on oil export ports and economic facilities, according to Yemeni sources. Saba news agency stated that Alimi and the accompanying delegation discussed…

The Guardian - UK

UK national highways workers to strike; US jobs growth beats forecasts – business live

Union members working on England’s roads have announced 12 days of strike action over Christmas and the new year, while US added 263,000 jobs in November

The Guardian - UK

BP shares in Kremlin oil firm are ‘blood money’, says Zelenskiy adviser

British oil giant had said it would ‘exit Russia’ but still owns nearly 20% of state-controlled fossil fuel firm Rosneft

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Bangkok Post

Accelerating Business Solutions: PTT’s new business direction cools climate combustion to zero

The unexpected oil crisis emerging from the oil embargo against Russia, the world’s second largest crude oil exporter, has piled pressure on energy prices, supply shortages, and economic recession worldwide. The renewable energy benefits are currently absorbed beyond their actual purposes to build growth of clean energy for a sustainable…

ABC News

Alleged crime kingpin Tony Haddad caught in Türkiye, deported to Australia

Tony Haddad went into hiding while on trial for his role in allegedly importing safrole oil, a banned substance that could produce more than two million MDMA tablets.

Salon

Chocolate spread makes everything better

A 5-ingredient, 5-minute chocolate miracle

The Independent UK

EU edges closer to $60-per-barrel Russian oil price cap

The European Union is edging closer to a $60-per-barrel price cap on Russian oil

Daily Record

Simple hack to remove oil from driveways using £1 staple household ingredient

Mrs Hinch fans have been sharing their advice on removing the unsightly stains from outside their homes, with one easy solution being the standout.

The Conversation

Half a century on, it's time to reassess the Whitlam government's economic legacy

After leading the Australian Labor Party to its first federal election victory in 23 years, Gough Whitlam wasted no time.

The Conversation

Despite soaring profits, oil companies are not paying enough for their environmental damage

At the end of the third quarter reporting season in October, the Big Four oilsands producers continued to report record profit levels. Collectively, Cenovus, CNRL, Imperial Oil and Suncor earned $5.8 billion in the third quarter and $23.1 billion in the first nine months of 2022. The average return on…

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