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The Latest Breaking News from Oil

A vibrant late summer feast

David Tanis makes the most of the last of the summer weather with a seasonal feast for your friends and family to enjoy

The Independent UK

Oil and gas firms’ green investments fail to match promise of publicity – study

BP, Chevron, ExxonMobil, Shell and TotalEnergies spend $750m a year burnishing climate credentials but only 12% of capital on low-carbon development

The Guardian - UK

$Ban fracking motions passed at NT Labor Conference show 'disconnect' in party$

Ban fracking motions passed at NT Labor Conference show 'disconnect' in party

The future of the oil and gas industry has been thrown into disarray after a string of submissions ranging from a complete ban on fracking to prohibiting subsidies — were passed without dissent at an NT Labor Conference.

ABC News

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India and China undercut Russia’s oil sanctions pain

Customs data suggest demand from Beijing and New Delhi is largely offsetting loss of sales to Europe

Financial Times

Russia-Ukraine war latest: what we know on day 197 of the invasion

Ukraine retakes towns in Kharkiv in surprise counterattack, Zelenskiy claims; Putin threatens to tear up grain deal and cut off all gas, oil, and coal to Europe

The Guardian - AU

Record heat wave has California using more fossil fuels

The state has had to rely more on natural gas to produce electricity and avoid power outages even as Gov. Gavin Newsom moves toward ending the use of oil and gas.

Chicago Sun-Times

Taxpayers to foot bill as Liz Truss writes 'blank cheque' to oil and gas giants

New PM Liz Truss is refusing to impose a windfall tax on energy companies who made £170billion in excess profits amid the cost of living crisis to fund her bills freeze

Daily Mirror

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Truss' ‘bold’ plan to guard against spiralling bills is new PM's first test

She has already rejected the idea of a windfall tax on profits from the oil and gas companies, reported to be up to £150billion

Wales Online

Truss set to announce ‘bold’ plan to guard against spiralling bills

Labour accuses the new Prime Minister of writing a ‘blank cheque’ to oil and gas giants by ruling out a windfall tax.

The Independent UK

EU proposes Russian gas price cap, windfall tax

The European Union is proposing a cap on the price of Russian natural gas, despite Vladimir Putin threatening to cut off supplies for any market that does so. European Commission President Ursula von der Leyen is also asking energy ministers to consider imposing a windfall tax on companies that have…

France 24

TOP sees promise in India, Vietnam and Indonesia

Thai Oil Plc (TOP), Thailand's largest oil refining company by capacity, is looking forward to making investments in India and Vietnam, after Indonesia, where it is scheduled to conclude a petrochemical asset purchase deal early next year.

Bangkok Post

What goes into a Mediterranean diet, and how to get started

It’s rooted in the traditional habits of people in countries that border the Mediterranean Sea, where rates of heart disease tend to be lower and life expectancies after 45 have been among the highest in the world.

Chicago Sun-Times

British investors could sue Australia over climate action if UK joins trans-Pacific trade pact

British oil and gas miner Rockhopper Explorations last month won £210 million plus interest (about A$360 million) in compensation over Italy’s 2015 ban on oil and gas drilling within its territorial seas.

The Conversation

Heat wave puts California in fossil fuel conundrum

A record heat wave put California in a fossil fuel conundrum: The state has had to rely more heavily on natural gas to produce electricity and avoid power outages while Democratic Gov. Gavin Newsom’s administration moves toward ending the use of oil and gas

The Independent UK

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Belfast Live

Lisburn councillor fears residents will chop down trees for fire wood as energy crisis worsens

Another rep tells of man getting bill for £2,300 after tank filled with oil

Chronicle Live

The £2 tip to keep spiders out of your house as Autumn beckons

As spider season starts, an expert shares her tip for making sure the eight-legged fiends don't take up residence in your home

The Hindu

Indane LPG bookings back to normalcy

Delivery system experienced outage

Benzinga

Nasdaq Surges 100 Points; Crude Oil Falls Sharply

U.S. stocks traded higher midway through trading, with the Nasdaq Composite adding more than 100 points on Wednesday.

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The Independent UK

Gibraltar to reopen port after ship fuel spill emergency

Gibraltar says it hopes to partially reopen its port after removing most of the oil from a stricken ship that collided in its bay area last week

Liverpool Echo

Viewers slam 'unaffordable' Steph’s Packed Lunch segment that suggests using olive oil instead of mouthwash

The immunity boosting tip was meant to help viewers avoid catching colds and flu this season. Some viewers criticised the swap for being tough "on the wallet".

Evening Standard

Hike UK oil and gas production to reduce reliance on imports, energy body urges

Offshore Energy UK claims that the UK’s reliance on oil and gas imports will rise without more North Sea projects being given the green light.

France 24

Gabon: The high cost of 'low-cost' oil

Puddles of oil in the forests, polluted lagoons, crabs covered in oil: with photos and videos, activists have been denouncing recurrent pollution in western Gabon. In three years, they have recorded ten polluted sites in the Etimboué region, all of them located near the oil fields belonging to the Franco-British…

The National (Scotland)

Liz Truss comes under fire for refusing to extend windfall tax at first PMQs

LIZ Truss came under fire for her refusal to tax corporations making record-busting profits amid the cost of living crisis during her first…

Reuters

EU plans to cap Russian gas price as Putin warns West of winter freeze

The European Union proposed a price cap on Russian gas on Wednesday after President Vladimir Putin threatened to cut off all energy supplies if it took such a step, raising the risk of rationing in some of the world's richest countries this winter.

Benzinga

G2 Energy Issues Shares to the Sellers of Masten Unit

Vancouver, B.C. - TheNewswire - September 2, 2022 - G2 Energy Corp. (CSE:GTOO), (CSE:GTOO), (OTC:GTBE), (FWB:FKN:UD9) (the "Company" or "G2") announces that pursuant to the previously announced news releases, on June 1, 2022, in connection with the acquisition of the Masten Unit (an oil and gas producing field) (the "Masten Unit")…

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