Average price for UK litre of petrol below 150p for first time since war in Ukraine Russia’s invasion of Ukraine pushed up wholesale prices of gas and oil The Guardian - UK · Jan 10, 2023
Rishi Sunak plans to crack down on ‘go-slow’ protests used by Just Stop Oil PM aims to further restrict right to demonstrate by giving police powers to tackle fuel protesters’ latest tactic The Guardian - UK · Jan 9, 2023
US rejects oil offers in first attempt to replenish stockpiles WASHINGTON — The Biden administration is delaying the replenishment of the nation’s emergency oil reserve after deciding the offers it received were either too expensive or didn’t meet the required specifications, according to people familiar with the matter. Tribune News Service · Jan 7, 2023
POINT: Nuclear fusion is the energy source of the future Last month, nuclear fusion topped headlines around the world when scientists at Lawrence Livermore National Laboratory in California announced an essential milestone in developing this nascent technology. They achieved “ignition,” meaning more energy came out of a reaction than was needed to make the reaction happen in the first place.… Tribune News Service · Jan 5, 2023
Oil Fund mulls second B30bn loan The Oil Fuel Fund Office (Offo) is considering seeking an additional 30-billion-baht loan within March to repay debts incurred by using the fund to subsidise diesel and liquefied petroleum gas (LPG) prices. Bangkok Post · Jan 4, 2023
Oil fund considering second B30bn loan The Oil Fuel Fund Office (Offo) is considering seeking an additional 30-billion-baht loan within March to repay debts incurred by using the fund to subsidise diesel and liquefied petroleum gas (LPG) prices. Bangkok Post · Jan 4, 2023
Iraq Oil Revenues Top $115 Billion in 2022 Iraq's oil revenues in 2022 exceeded $115 billion, according to preliminary figures announced by the oil ministry on Tuesday -- a four-year high following a collapse in prices during the coronavirus pandemic. Oil production accounts for some 90 percent of Baghdad's income, and the country is the second largest producer… Asharq Al-Awsat · Jan 3, 2023
Fusion ignition explained For the first time, scientists have managed to get more energy out of the fusion process than they put in Salon · Jan 2, 2023
Oil price spike brings back subsidies but India wins at crude diplomacy NEW DELHI: A wild swing in international oil prices in 2022 brought back indirect fuel subsidies in India in a setback to reforms, but the nation won at crude diplomacy as it refused to succumb to western pressures and continued to buy oil from the cheapest available source. The Times of India · Jan 2, 2023
Pipeline section in Kansas with oil spill is back in service A pipeline operator has put a damaged section in Kansas back into service, a little more than three weeks after a spill dumped 14,000 barrels of crude oil into a creek The Independent UK · Dec 29, 2022
Poland ready for Russian oil ban, says minister Poland is prepared for a Russian ban on oil sales to countries implementing a price cap, the climate minister said on Thursday, with the country having cut its intake of Russian crude and secured alternative supplies from producers such as Saudi Arabia. Reuters · Dec 29, 2022
ExxonMobil takes EU to court in bid to block ‘counter-productive’ windfall tax Oil and gas giant has accused the EU of overreaching its authority with move to tax profits amid energy crisis The Independent UK · Dec 29, 2022
Ukraine news – live: No place in Bakhmut ‘not covered with blood’, says Zelensky Vladimir Putin’s forces increasingly diminished at epicentre of fighting in Donbas, analysts believe The Independent UK · Dec 28, 2022
Russia bans supply of oil to nations participating in Western price cap Russian ban will come into force on 1 February 2023 and lasts until 1 July The Independent UK · Dec 27, 2022
Al Jazeera · Dec 27, 2022 Russia bans oil sales to nations, firms complying with price cap Moscow’s response to the Western price cap is to stop supplying crude oil and oil products from February 1.
Asharq Al-Awsat · Dec 27, 2022 Putin Bans Russian Oil Exports to Countries That Imposed Price Cap President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that impose the cap. The Group of Seven major powers, the European Union and Australia…
Tribune News Service · Dec 27, 2022 Pressure mounts on Biden administration for decision on giant Willow oil field project in Alaska A major oil prospect on federal land in Alaska is hanging in the balance as pressure mounts on the Biden administration for a final decision to approve, or reject, the project.
Tribune News Service · Dec 25, 2022 Oil passes natural gas as main fuel for power plants in New England Oil took over from natural gas as the leading fuel for power plants in New England, a significant switch that signals how the grid is desperately trying to keep the lights on in the face of a winter massive storm.
Radio France Internationale · Dec 23, 2022 Russia intends to cut oil output in response to Western price caps As Russian President Vladimir Putin said he would sign a decree on Russia’s response to Western price caps on oil, Deputy Prime Minister Alexander Novak said output could be cut by 5 to 7 percent in early 2023.
Evening Standard · Dec 12, 2022 Just Stop Oil march in Clapham against government ‘clampdown’ with Camden protest to follow Activists step up protests after Michael Gove approves Cumbria coal mine
Evening Standard · Dec 10, 2022 Just Stop Oil protesters march through London in support of jailed of activists Just Stop Oil protesters marched through London blocking traffic in a protest in support of 150 of their jailed activists.
Reuters · Dec 10, 2022 UAE official says European ties with Gulf 'should not be transactional' A senior United Arab Emirates official said on Saturday it was encouraging to see greater European outreach to Gulf Arab states in the face of the Ukraine conflict and energy crunch, but that engagement should not be "transactional".
The Times of India · Dec 9, 2022 Russia oil price cap comes into force: How will it impact India NEW DELHI: The Group of Seven (G7) nations, the European Union and Australia imposed a $60 per barrel price cap on Russian seaborne crude oil, with effect from Monday.
The Independent UK · Dec 8, 2022 Oil spill in rural Kansas creek shuts down Keystone pipeline An oil spill in a creek in northeastern Kansas has shut down a major pipeline from Canada through the Plains and to the Texas Gulf Coast
The Independent UK · Dec 7, 2022 ‘BP must divest from Russian oil firm or pay for Ukraine’s reconstruction’ Dame Margaret Hodge called for the British company to cut its ties with oil firm Rosneft, which is majority owned by the Russian state.