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The Latest Breaking News from 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…

France 24

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…

The National (Scotland)

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.

Reuters

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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")…

Benzinga

'I gave up my oven and only used my air fryer for week - I saved money and time'

As concerns grow over energy-guzzling home appliances during the cost of living crisis, I recently bought an air fryer to see if I could cut cooking times and make delicious meals - the results were surprising as someone who struggles for culinary inspiration

Daily Mirror

Kuwait’s Long-Time Parliament Speaker Bows Out of Sept. Elections

Kuwait's parliament speaker Marzouq al-Ghanim said he would not run in legislative polls this month, a day before the deadline for submission ends. Kuwait will hold early elections on Sept. 29 after the crown prince appointed a new prime minister and dissolved parliament in a bid to resolve the feud…

Asharq Al-Awsat

Oil and gas trade body calls for more offshore wind

While also demanding Westminster issues the next round of North Sea exploration licences

Insider UK

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Green groups criticise appointment of Jacob Rees-Mogg to energy and climate role

The new Business Secretary has signalled support for fossil fuels and warned against ‘climate alarmism’.

The Independent UK

Cheap £2 spider deterrent expert 'swears by' to repel bugs during mating season

The DIY spray is said to help beat back the invasion of spiders this autumn.

Daily Record

Capricorn Energy considers Tullow Oil deal alternatives

Half-year report reveals Edinburgh-based energy firm is listening to shareholders that oppose the merger

Insider UK

Saudi GDP up 12.2% in Second Quarter, Exceeding Initial Estimate

Saudi Arabia's real gross domestic product expanded by 12.2% in the second quarter compared with the same period of 2021, data showed on Wednesday, as the world's top oil exporter reaps the rewards of high crude prices and a post-pandemic recovery. The second quarter growth figure exceeded a flash government…

Asharq Al-Awsat

Pound falls to lowest level since 1985 against dollar – as it happened

IFS boss says Liz Truss’s plans to freeze energy bills ‘very poorly targeted’; Putin threatens to cut off energy supplies if price caps are imposed; UK housing market shows signs of slowing

The Guardian - UK

Europe prepares for energy crisis as Russia slashes supplies of natural gas

Europe is struggling to contain an energy crisis that could lead to rolling blackouts, shuttered factories and a deep recession.

France 24

Three recipes to help you master Asian flavours at home

Philli Armitage-Mattin’s new book helps you understand your palate, so you can cook the food you love to eat every time, writes Prudence Wade

The Independent UK

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The Guardian - UK

MPs call on Liz Truss to hold to net zero target after campaign pledges

Exclusive: 29 MPs and peers urge new PM to recommit to target after her campaign promised to expand oil and gas production

The Independent UK

Domestic energy spend to top £100bn after October price rise, report estimates

The economic report by the Offshore Energy UK has set out measures the UK Government can take to ease the pressure.

The Independent UK

‘Climate alarmism’ and ‘doomsayers’: New energy chief Rees-Mogg’s history of dismissing global warming threat

‘Climate dinosaur’ will oversee UK’s net zero strategy in Liz Truss’s government

StockNews.com

3 Energy Stocks That Make Great Buys Even When the Market Swings

The energy sector is facing volatility due to oil price swings amid geopolitical issues. However, oil prices might rise due to potential OPEC output cuts. Hence, investing in energy stocks TotalEnergies (TTE), Valero Energy (VLO), and APA Corporation (APA) might be wise. Read more….

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Reuters

Ecuador indigenous demand rulings against extractive industries be enforced

Two indigenous communities from Ecuador's Amazon region on Tuesday demanded the Constitutional Court enforce rulings from 2018 and 2019 to protect thousands of hectares (thousands of acres) of tropical jungle from oil and mining projects.

The Hindu

Indane LPG cylinder booking system under recovery after crash

‘Indian Oil along with IBM and Oracle are working to restore system at the earliest’

Asharq Al-Awsat

Türkiye’s Erdogan Says ‘Europe Reaping What it Sowed’ on Energy Crisis

Turkish President Tayyip Erdogan said on Tuesday that Russia is cutting natural gas flows to Europe in retaliation for sanctions, adding that Europe is "reaping what it sowed". Fears in Europe have increased over a potentially bleak winter after Russia announced it was keeping its main gas pipeline to Germany…

The Conversation

Could Liz Truss allow new drilling for oil and gas and still strengthen the UK's net zero target?

The UK’s new prime minister, Liz Truss, has pledged to suspend green levies on energy bills and look for “better ways to deliver our net zero targets”. Despite a record-breaking heatwave plus wildfires, droughts and floods worldwide, neither contender for the Conservative Party leadership felt the urge, as David Cameron…

Homes & Gardens

How to get rid of gnats – 9 simple but effective entomologist-approved methods

Reduce moisture, use traps and seal up entry points, pest pros urge

Bangkok Post

Saudi Arabia cuts oil prices for Asia, Europe

Saudi Arabia cut oil prices for customers in Asia and Europe as Covid-19 lockdowns and sagging economies cool energy demand in the two regions.

Daily Mirror

Madonna has enough muscles to be in the 'marines' and is 'stressful', says William Orbit

Holed up in Burbank, LA for several months with Madonna in 1997, the pair recorded her critically acclaimed album Ray of Light, and got to know one another pretty intimately - he even once walked in on her using the toilet

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