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The Latest Breaking News from Oil

First Thing: Senate blocks bill to codify abortion rights

After conservative Democrat Joe Manchin joins Republicans to vote against measure, majority leader Chuck Schumer warns ‘it will be open season’ on people’s freedoms

The Guardian - UK

Energy prices: what is a windfall tax and how would it work?

All you need to know about a possible one-off levy on North Sea energy profits

The Guardian - UK

Russian minister imprisoned for oil-related bribery released

The highest-ranking Russian official to go to prison in nearly two decades has been released after serving more than half of an eight-year sentence for bribery

The Independent UK

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Sensex crashes 1,158 points; Nifty ends at 15,808: Top reasons behind today's fall

NEW DELHI: Equity indices plunged for the 5th straight session on Thursday with the benchmark BSE sensex crashing over 1,000 points amid weak cues from global markets.

The Times of India

‘We can’t eat a new road’: Guyanese voice fears over true cost of Exxon’s oil bonanza

Multibillion-dollar deal promising to lift country out of poverty may be false dawn with dire impact on climate, warn campaigners

The Guardian - UK

‘Greed and fear’: How BP and Shell oil profit is boosted by own traders

Analysis: Turmoil resulting from pandemic and Ukraine war create ideal conditions for speculators

The Guardian - UK

Man City 'ready to hijack' Man Utd's move for Frenkie De Jong as star offered in return

City are prepared to trump their rivals Manchester United in the transfer market this summer, and are willing to let Bernardo Silva depart to oil the deal

Daily Mirror

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Archives: June 2022

Excerpts from Reason's vaults

Reason

Quick Fix: Paparedelle With Shrimp, Zucchini and Sweet Peppers features pleasing combination of flavors

Here’s a fun recipe that’s full of flavor and easy to make. Pappardelle is a wide noodle that captures this sauce made with lots of garlic and white wine. The combination of flavors and textures is pleasing and makes this a one-dish meal that you can enjoy as a family…

Tribune News Service

Rishi Sunak plans North Sea oil windfall tax to ease cost of living crisis

The Chancellor is reported to have ordered officials to look at the Labour plan to impose a one off tax on the massive profits generated in the North Sea.

Daily Record

Quarter of drivers feel ‘uncomfortable’ carrying out routine checks - test your knowledge

A quiz has been created to test drivers on how prepared they are for something to go wrong. Are you a maintenance master or in ‘wheel trouble’?

Wales Online

In 'Women Painting Women,' the female gaze is front and center

A new exhibition at the Museum of Modern Art of Forth Worth—'Women Painting Women' —shows viewers what happens when women are both the subject and the artist. The result: something raw and real.

WEKU

Boris Johnson says windfall tax ‘not the right thing’ but refuses to rule out U-turn

The prime minister claimed ‘these kinds of taxes’ deterred investment, contrary to BP boss saying it would not

The Guardian - UK

UK minister says windfall tax on energy giants would kill off investment

Energy Minister Greg Hands also argued that the Scottish Government’s opposition to new nuclear power stations is holding the country back

Insider UK

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The Guardian - UK

Boris Johnson urged to be ‘honest’ about NI protocol issues being caused by Brexit deal he chose – as it happened

Maroš Šefčovič says UK must admit that EU cannot solve all problems caused by type of Brexit negotiated by prime minister

Daily Mirror

Quarter of drivers feel uncomfortable carrying out routine checks - test your knowledge

A quiz has been created to test drivers on how prepared they are for something to go wrong. Are you a maintenance master or in "wheel trouble"?

Al Jazeera

EU oil ban adds pressure on Russia but obstacles remain: Analysts

For a complete embargo to be successful, the bloc has yet to convince countries which rely more heavily on Moscow.

Daily Mirror

Boris Johnson hints at windfall tax on oil and gas giants - 'we'll have to look at it'

Brits are being clobbered by rising energy bills while firms rake in huge earnings - with senior Tory MP Robert Halfon describing oil bosses as the 'new oligarchs'

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Evening Standard

Best heat protection sprays to reduce hair damage from straightening and drying

Protect your locks with these sprays, creams and serums

The Independent UK

Asian shares track technology-led sell-off on Wall Street

Shares have declined in Asia following the release of U.S. inflation data that was worse than expected

The Guardian - UK

UK economy shrank by 0.1% in March as cost of living crisis bites – as it happened

Calls for emergency budget grow as UK economy contracts unexpectedly in March, with consumers cutting back on spending, and car sector struggling

ABC News

Toxic flood sludge leaves Northern Rivers residents of Broadwater homeless

Broadwater residents are angry no-one has been held accountable for the toxic flood sludge that has covered their homes.

The Guardian - UK

Thursday briefing: The fossil fuel projects that could blow our carbon budget

In today’s newsletter: Archie Bland hears from Guardian environment editor Damian Carrington about new oil and gas plans which will contribute billions of tonnes of emissions

Al Jazeera

Timeline: Week 11 of Russia’s war in Ukraine

Al Jazeera recaps key events during week 11 of Russia’s invasion of Ukraine.

Axios

Biden administration cancels 3 major offshore oil lease sales in Gulf of Mexico and Alaska

Green groups hailed the move, energy firms accused the administration of discussing the need for more supply only to restrict it.

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