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The Latest Breaking News from Oil

Almost 500 carbon capture lobbyists granted access to Cop29 climate summit

More lobbyists for the controversial technology were present this year, despite debate about its viability

The Guardian - UK

Debate Over Oil Drilling In Alaska's Arctic Refuge

Explore the ongoing debate over oil drilling in Alaska's Arctic National Wildlife Refuge and the challenges of balancing economic interests with environmen...

Top News

Colombia’s government is eager for post-fossil fuels economy. But costs are a barrier

The main goal of this year's United Nations climate talks in Azerbaijan is to establish just how much wealthy nations will contribute to help the developing world cope with climate change and transform their energy systems

The Independent UK

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Alaska political leaders hope to see Trump undo restrictions on oil drilling

Political leaders in Alaska have welcomed President-elect Donald Trump's pledges to expand oil production

The Independent UK

Crude Prices Slide as China's Energy Demand Weakens

December WTI crude oil (CLZ24 ) Friday closed down -1.68 (-2.45%), and December RBOB gasoline (RBZ24 ) closed down -0.0324 (-1.63%). Crude oil and gasoline prices Friday posted moderate losses, with crude falling to a 2-week low. Signs of weak Chinese crude demand are weighing on oil prices. Also, Friday's...

Barchart

Moody's downgrades Mexican government's outlook to 'negative' over weakening of judiciary and debt

Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”

The Independent UK

Fossil fuel bosses get ‘red carpet’ at Cop29 despite concerns over influence

Revealed: more than 100 executives given special guest badges as activists challenge role of oil and gas firms at talks

The Guardian - UK

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Environmental groups alarmed as Doug Burgum picked for US interior secretary

Several groups say North Dakota governor will sacrifice public lands on the ‘altar of the fossil fuel industry’s profits’

The Guardian - US

Texas Oil Field Ranked 'No. 1 Worst Polluting Site in the Entire World' in New UN Report

An oil field in Texas has been named the most pollutive site in the world at the United Nations climate talks in Baku, Azerbaijan.

Latin Times

Crude Under Pressure from Dollar Strength and Weak Chinese Crude Demand

December WTI crude oil (CLZ24 ) today is down -0.20 (-0.29%), and December RBOB gasoline (RBZ24 ) is up +0.0076 (+0.38%). Crude oil and gasoline prices today are mixed. A stronger dollar today is negative for energy prices. Also, today's slump in equity markets curbs confidence in the economic outlook...

Barchart

Gore Says 'Absurd' To Hold UN Climate Talks In Petrostates

US vice president Al Gore told AFP Friday it was "absurd" for petrostates such as Azerbaijan to host UN climate talks, saying the selection process should be overhauled.

International Business Times

How to make a house smell inviting - 7 ways to create a welcoming space for the festive season

Experts share creative ways to make your home feel cosy with nostalgic and warming scents

Ideal Home

China faces crucial decisions on climate policy during second Trump term

After rare accord with Biden White House on climate, China may now be more wary of adopting robust policy measures

The Guardian - UK

The best gifts under $100 to shop this year – our pick of thoughtful presents perfect for host gifts and stocking fillers

I've spent hours doing my research to bring you the best gifts under $100 in 2024. From beauty, homeware, gadgets and more...

Homes & Gardens

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Al Jazeera

Top polluting cities revealed as activists fume at COP29 fossil fuel lobby

Oil giants commit $500m for sustainable energy, but campaigners say lobbyists have seized control of climate talks.

The Conversation

Shell’s legal victory is disappointing – but this is not the end for corporate climate litigation

In the first ruling of its kind, the Dutch Hague District Court in 2021 ordered a fossil fuel company, Shell, to slash its emissions. This decision would have required the oil and gas giant to cut its emissions by 45% by 2030 (compared with 2019 levels) across its operations and…

The Guardian - AU

Santos figured out net zero roadmap ‘literally on the fly’, court hears in world-first greenwashing case

Australasian Centre for Corporate Responsibility accuses Australian oil giant of misleading and false claims in closing arguments

International Business Times

Oil Execs Work COP29 As NGOs Slam Lobbyist Presence

Oil executives descended on the COP29 talks in Baku for "energy day" on Friday as environmental groups denounced the presence of fossil fuel industry lobbyists at the UN climate talks.

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news in one place.

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The Guardian - UK

Landman to Our Oceans: the seven best shows to stream this week

An excellent Billy Bob Thornton heads up a starry, bloody tale of Texan oil magnates v drug cartels. Plus: Barack Obama’s startling underwater odyssey – and the return of a stone-cold 90s classic

Barchart

2 Energy Dividend Stocks to Buy This November for Growth and Income

For investors seeking steady gains, these two dividend-paying energy stocks could be smart picks.

The Guardian - UK

Over 1,700 coal, oil and gas lobbyists granted access to Cop29, says report

Fossil fuel-linked lobbyists outnumber delegations of almost every country at climate talks in Baku, analysis finds

The Guardian - UK

Cop summits ‘no longer fit for purpose’, say leading climate policy experts

Future UN conferences should only be held in countries that show support for climate action, urge influential group

AAP

Minister defends UN vote for Palestine resource rights

Australia shifted its longstanding position on Israeli responsibility for damage from an oil spill and voted to support Palestinian resource sovereignty.

Capital & Main

The EPA Stalled and Then a Fix for New Mexico Oil and Gas Pollution Evaporated

Trump election likely marks the end of a federal response to worsening air pollution in the Permian Basin.

Barchart

Crude Settles Higher as EIA Gasoline and Distillate Inventories Fall

December WTI crude oil (CLZ24 ) Thursday closed up +0.27 (+0.39%), and December RBOB gasoline (RBZ24 ) closed up +0.0166 (+0.84%). Crude oil and gasoline prices on Thursday posted moderate gains after weekly EIA gasoline and distillate supplies unexpectedly declined, a sign of stronger fuel demand. Gains in crude were...

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