The Latest Breaking News from Oil

A climate policy that actually cuts emissions? It’s the reality that fossil fuel bosses and News Corp commentators can’t see

Changes to the safeguard mechanism take us a step closer to net zero by 2050 – the goal consecutive governments have signed up to

The Guardian - AU · Mar 30, 2023

UK government gambles on carbon capture and storage tech despite scientists’ doubts

Controversial technology is at centre of ‘powering up Britain’ strategy, but critics argue it has ‘little merit’ and ‘delays real cuts in emissions’

The Guardian - UK · Mar 29, 2023

Moderate Dems back GOP anti-climate bill

Both Texas Democratic lawmakers backing bill represent oil and gas workers in South Texas

Salon · Mar 29, 2023

Russia's Rosneft files suit against Reuters over BP article

Russian oil giant Rosneft has filed a suit against Reuters in a Moscow court, alleging parts of a Reuters article about BP's decision to exit its stake in Rosneft were defamatory.

Reuters · Mar 29, 2023

Crude Oil Erases Early Gains on Signs of a Slowing U.S. Economy

May WTI crude oil (CLK23 ) this morning is down -0.11 (-0.15%), and May RBOB gasoline (RBJ23 ) is down -4.034 (-1.50%). April Nymex natural gas (NGJ23 ) is down -0.020 (-0.99%). Crude oil and gasoline prices this morning fell back from 2-week highs and turned lower on concerns of...

Barchart · Mar 29, 2023

Motormouth: Check engine light on for years

Q: I never thought I’d be writing you with an issue – but here I go. I own a 2011 Suburban. The check engine light has been on for more than 3 years. The issue (code) identifies it as an “oil pressure sensor” fault. I can clear the code, turning…

Tribune News Service · Mar 29, 2023

New Mexico Legislature Fails IPCC Test

Record-shattering budget from oil and gas fuels a spending spree on everything except regulating oil and gas.

Capital & Main · Mar 29, 2023

Two Texas Democrats will vote for GOP bill to reverse their own party’s signature climate improvement initiatives

Gonzalez and Cuellar both represent oil and gas workers in South Texas and expressed misgivings about the Inflation Reduction Act, their party’s climate package last year.

The Texas Tribune · Mar 29, 2023

The UK’s ‘green day’ has turned into a fossil fuel bonanza – dirty money powers the Sunak government

In prioritising oil and gas over renewables, ministers are doing the bidding of the polluters, says Guardian columnist George Monbiot

The Guardian - UK · Mar 29, 2023

Oil refinery unites with training provider to deliver highly skilled apprenticeships in specialist area

Non-destructive testing takes in radiography and ultrasonics to examine and analyse critical industrial infrastructure

Birmingham Post · Mar 29, 2023