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The Latest Breaking News from Oil

Crude Oil Prices Fall Sharply on Hawkish Central Banks

August WTI crude oil (CLQ23 ) today is down -2.59 (-3.57%), and Aug RBOB gasoline (RBQ23 ) is down -0.0684 (-2.69%). July natural gas (NGQ23 ) is down -0.032 (-1.23%). Crude oil and gasoline prices are sharply lower on concern about the global economic outlook due to hawkish global central...

Barchart

C of E divests of fossil fuels as oil and gas firms ditch climate pledges

Church pension and endowment funds shed holdings after U-turns by BP and Shell

The Guardian - UK

Church of England to divest from fossil fuel companies

None of the oil and gas majors the Church was investing in have aligned themselves with the Paris Agreement, it said.

The Independent UK

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Yousaf: Labour’s energy plans will leave oil industry workers ‘on scrapheap’

But Anas Sarwar said Scotland and the UK can be a ‘global leader in the clean energy revolution’.

The Independent UK

Water thrown onto slow marching Just Stop Oil protesters

Footage captured six JSO protesters clad in orange Hi-Vis vests walking slowly up Rochester Road, Camden, north London, on Thursday morning.

The Independent UK

Labour’s Green Prosperity Plan: ‘no such thing as a free lunch’

Edinburgh was “a brave choice as the venue for the launch of Keir Starmer’s new energy and climate policy”, said Fiona Harvey and Severin Carrell in The Guardian. It “showed a willingness to face head-on Labour’s energy dilemma”: how to move the UK to a low carbon footing, without destroying…

The Week

What to know about India's ties with Russia

India considers Russia a time-tested ally from the Cold War era with key cooperation in defense, oil, nuclear energy and space exploration

The Independent UK

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Why shouldn't I pour oil or paint down the sink? And what should I do instead?

Are you ever tempted to pour used cooking oil down the sink? Just turn on the tap and flush it all away. What about that half-used tin of paint in the cupboard? It would be so easy just to wash it down the drain, wouldn’t it?

The Conversation

Woodside has huge plans to drill for oil and gas – and to meet its climate targets. How does it do it?

Fossil fuel company ‘aims to thrive through the energy transition by building a low-cost, lower-carbon, profitable, resilient and diversified portfolio’

The Guardian - AU

Banks Fuel Global Warming as States Look to Limit the Damage

While banks pour money into oil and gas operations, some states are taking action to address the impacts of climate change.

Capital & Main

Gang members locked women in cells before Honduras prison riot fire

Armed people went into rival gang’s cell block, opened fire and used oil to set fire, police officer says after 46 women killed

The Guardian - US

5 reasons why top economist Mark Zandi says ‘this time is different’ and he’s ‘betting against’ a U.S. recession

“This time is different,” Moody’s Analytics’ chief economist wrote in a CNN op-ed Tuesday. “Odds are that we will buck history and avoid recession.”

Fortune

The oil disaster waiting to happen

Experts say this sunken shipwreck could be a disaster bigger than the Rena. Why hasn't anything been done to prevent it?

Newsroom.co.nz

California Lobbyist Explains How to Skirt Climate Scrutiny in State Legislature

Industry is 'misadvertising' a carbon capture bill in order to obscure its risky intent, according to an oil and gas advocate.

Capital & Main

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Barchart

Crude Oil Prices Boosted by Weaker Dollar

August WTI crude oil (CLQ23 ) is up +1.28 (+1.80%), and Aug RBOB gasoline (RBQ23 ) is up +0.0113 (+0.45%). Aug nat-gas prices (NGQ23 ) are up +0.053 (+2.13%). Crude oil and gasoline prices are higher today on a weaker dollar and on some technical buying with Aug crude oil...

WEKU

Germany's Green Party wants people to use heat pumps to save energy. Some are balking

Some German homeowners are worried they'll have to foot the bill for their country's climate targets by replacing their gas boilers with cleaner — but more expensive — heat pumps.

The Independent UK

The ultimate (and speedy) butter chicken recipe

This dish is as full of flavour as it is easy to cook, says Prudence Wade

The Independent UK

Oil well ruling ‘could have significant repercussions’, Supreme Court told

Friends of the Earth said 59-year-old Sarah Finch’s legal battle with Surrey County Council was ‘critically important’.

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TopTenReviews

How to clean barbecue grill grates

Learn how to clean barbecue grill grates to prolong your grills life and cook your food evenly

The Guardian - UK

Climate campaigner takes Surrey oil drilling case to supreme court

Sarah Finch’s challenge to plans to allow oil well hinges on wider environmental impact of fossil fuels

Liverpool Echo

"I found a five-star rated face mask that gives me flawless skin in 10 minutes"

"Turned my dry, flaky skin into clear happy and healthy skin."

The Conversation

Why Labour is right to stop future UK oil and gas development

The Labour Party has announced that it intends to stop the development of any new oil and gas fields in UK territory if it forms the next government.

Irish Mirror

Greek island Kos is a little slice of heaven in the Mediterranean

Aer Lingus has launched a new route to the idyllic Greek island of Kos and it's the perfect place to soak up the sun this summer.

The Independent UK

Environmental campaigner in Supreme Court fight over oil drilling

Sarah Finch was challenging Surrey County Council over its decision to allow a well near Gatwick to be retained and expanded.

The Guardian - UK

Virgil quote found on fragment of Roman jar unearthed in Spain

Excerpt from the Georgics was carved into vessel used for olive oil 1,800 years ago

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