In Trump’s Russian Oil Deal, Middle East Funds Are the Biggest Owners
A majority of ownership in a proposed multibillion-dollar deal would go to a group of Middle Eastern investors, including some with business ties to U.S. negotiators.
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Read the full briefA majority of ownership in a proposed multibillion-dollar deal would go to a group of Middle Eastern investors, including some with business ties to U.S. negotiators.
George Russell says he will be taking a further grid penalty this season in addition to the one he has been hit with for the Singapore Grand Prix.
Half of homes in Maine rely on heating oil. Rising costs driven up by President Trump’s war with Iran, have become central to the state’s Senate race.
Attacks on ships around the Strait of Hormuz have continued as a war between Saudi Arabia and the Houthi militia intensified.
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Energy and housing costs threaten biggest decline in modern times unless bold action taken, says thinktank Soaring energy and housing costs mean Labour is on course to preside over the worst parliament for living standards in modern times, a stark analysis warns. Three weeks ahead of John Healey’s budget, the Joseph Rowntree Foundation said Britain faces a “dire” outlook unless the government takes “bold policy action”. Continue reading...
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Britain's George Russell will start from the back of the grid in Sunday's Singapore Grand Prix because of a power-unit penalty from last weekend's race.
The points Russell has lost to reliability issues in 2026 following Malaysia retirement Formula 1 Russell to start from back of Singapore grid after penalty BBC Mercedes confirm George Russell engine penalty at Singapore Grand Prix ESPN George Russell’s F1 title comeback gets tougher SB Nation George Russell: Mercedes driver to start Singapore GP from back of grid due to penalty caused by Bahrain GP engine failure Sky Sports
Jaguar Unveils £130,000 Electric Car in British Brand’s Reboot Bloomberg.com Incredible or catastrophic? Jaguar unveils its polarising electric car BBC jaguar type 01 launches electric era with four-door grand tourer Designboom Jaguar targets young Americans with Type 01 EV – but it’s too long for UK parking spaces The Guardian Jaguar Ditches the Pink Branding in Unveil of Its Big, Sleek Type 01 EV WSJ
Record prices caused by global shortages amid shutdown of war-damaged refineries in Middle East and Russia Shell’s refineries are expected to make almost double the profit from every barrel of fuel produced owing to record prices caused by shortages around the world. In a market trading update on Wednesday, the energy supermajor forecast profit margins of $42 a barrel in the July to September period, far above the $24 a barrel of the second quarter and the previous high of about $28 in mid-2022.
Ukraine president confirms series of attacks on Pryluky, Dnipro, Kremenchik, Zaporizhzhia and Kyiv Ukraine’s president Volodymyr Zelenskyy said Russia launched “one fo the most vile strikes” on Ukraine last night, targeting the country’s energy infrastructure overnight. At least 11 people were killed, and more than 34 injured in a series of attacks on Pryluky, Dnipro, Kremenchik, Zaporizhzhia, and Kyiv, which Zelenskyy ironically called “a birthday gift for Putin” who turns 74 today. “On Putin’s
High court finding in favour of Hunter Valley community group sets precedent other environmentalists should follow, advocate says A landmark decision in Australia’s first climate change high court case has been described as a clear message to governments and fossil fuel companies that exported greenhouse gas emissions “cannot simply be ignored”. On Wednesday morning, the nation’s highest court ruled that the approval of MACH Energy’s Mount Pleasant coalmine expansion in NSW’s Hunter Valley was i
Russian officials said a Liberian-flagged tanker was attacked and a crew of 23 Indian nationals rescued An oil tanker off Russia’s Black Sea coast was struck by a naval drone, triggering a huge fire and black smoke cloud that blanketed parts of the resort city of Sochi, Russia’s transport ministry has said. The transport ministry said a Liberian-flagged tanker had been attacked and that “crude oil is burning openly in the waters of the Black Sea”. Continue reading...
Ruling on Mount Pleasant coalmine shows ‘we cannot continue to dig up coal … and pretend the consequences have nothing to do with us’, group says A Hunter Valley community group has won Australia’s first high court case to consider climate change, in a ruling advocates say sets a binding national precedent for fossil fuel projects in New South Wales. In a landmark judgment, the nation’s highest court upheld a unanimous ruling by the NSW court of appeal that overturned MACH Energy’s proposed expa
From 'woke' ridicule to real car - new electric Jaguar unveiled BBC View Exterior Photos of the 2028 Jaguar Type 01 Car and Driver Jaguar targets young Americans with Type 01 EV – but it’s too long for UK parking spaces The Guardian The Jaguar Type 01 Just Got a Lot Harder to Hate The Drive Jaguar Unveils £130,000 Electric Car in British Brand’s Reboot Bloomberg.com
Exclusive: Officials working on further radical changes that would change how much energy companies could charge customers John Healey is considering a major intervention to cut energy bills for poorer households at this month’s budget, after ministers became alarmed at forecasts which show bills rising by hundreds of pounds in January. The chancellor is working on plans to spend more than £1bn to help energy consumers, the bulk of which is likely to go towards increasing the discount given to h
Trump’s Energy chief says truckers could see diesel relief within days after executive order Fox Business Trump signed an order allowing tax-free red-dyed diesel on U.S. highways Quartz Trump expands access to tax-exempt diesel fuel Reuters President Trump Takes Decisive Action to Lower Diesel Costs for American Truckers, Farmers The White House (.gov) Trump Allows Red-Dyed Diesel as High Fuel Costs Hit Consumers | National News | U.S. News U.S. News & World Report
However the U.S. Supreme Court rules, the work of holding oil companies accountable for climate change has a bright future.
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