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The Latest Breaking News from Oil

Global carbon emissions inch upwards in 2024 despite progress on EVs, renewables and deforestation

Carbon dioxide (CO₂) emissions from fossil fuels continue to increase, year on year. This sobering reality will be presented to world leaders today at the international climate conference COP29 in Baku, Azerbaijan.

The Conversation

‘No sign’ of promised fossil fuel transition as emissions hit new high

Despite nations’ pledges at Cop28 a year ago, the burning of coal, oil and gas continued to rise in 2024

The Guardian - UK

Crude Recovers on Short Covering as US Crude Production Falls

December WTI crude oil (CLZ24 ) Tuesday closed up +0.08 (+0.12%), and December RBOB gasoline (RBZ24 ) closed up +0.0073 (+0.37%). Crude oil and gasoline prices Tuesday recovered from 1-1/2 week lows and closed slightly higher. Mild short-covering emerged in crude oil Tuesday after the Bureau of Safety and Environmental...

Barchart

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This year has been masterclass in human destruction, UN chief tells Cop29

António Guterres says global heating is super-charging disasters while climate official warns of ‘inflation on steroids’

The Guardian - UK

How to reduce the appearance of pores, according to dermatologists

Three dermatologists weigh in on what causes clogged pores along with the products to turn to

The Independent UK

Crude Oil Pressured by a Stronger Dollar and Global Energy Demand Concerns

December WTI crude oil (CLZ24 ) today is down -0.11 (-0.16%), and December RBOB gasoline (RBZ24 ) is up +0.0023 (+0.12%). Crude oil and gasoline prices today fell to 1-1/2 week lows and are mixed. Today's rally in the dollar index (DXY00 ) to a 4-1/4 month high weighs energy...

Barchart

Cancel drilling of Rosebank oilfield, activists urge Scottish court

Greenpeace and Uplift say Rosebank and Jackdaw licences were granted unlawfully by former Tory government

The Guardian - UK

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OPINION - Cop29: How Keir Starmer is getting a rare win — on climate change

Keir Starmer arrived at the Baku COP climate summit yesterday bearing something unusual — an actual plan with a new government behind to limit global warming. He had one of the more substantial pledges at a notably thin summit, where the main proposals come from China, while the US absorbs…

Evening Standard

The best self-care gifts in the UK for Christmas, from cosy PJs to massagers

Whether you go for affordable luxury buys or true indulgence, you can’t go wrong with these presents for pampering

The Guardian - UK

Big oil firms knew of dire effects of fossil fuels as early as 1950s, memos show

Newly unearthed documents contain warning from head of Air Pollution Foundation, founded in 1953 by oil interests

The Guardian - US

Pest control pros reveal how to use cinnamon to keep rodents out of your kitchen this winter

Keep mice and rats at bay naturally with this pantry staple

Homes & Gardens

The secret air fryer roast potato recipe to make Christmas easier

Master a staple of the Sunday roast dinner table with these top tips and recipes

The Independent UK

Legal challenge against Rosebank oil field begins in Edinburgh

A LEGAL challenge against the Rosebank oil field has begun in Edinburgh ...

The National (Scotland)

Halliburton says ransomware attack cost it $35 million in losses

Recent cyberattack left a minor dent in the oil giant's finances.

TechRadar

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The Conversation

Countries spend huge sums on fossil fuel subsidies – why they’re so hard to eliminate

Fossil fuels are the leading driver of climate change, yet they are still heavily subsidized by governments around the world.

Evening Standard

‘Error of law’ made in consents for new oil and gas fields, court told

Greenpeace and Uplift are challenging a decision to open up the Rosebank and Jackdaw oil and gas fields.

The Conversation

3 reasons why a Trump White House might not be a disaster for Ukraine − in fact, it might tighten the screws on Russia

Among the first world leaders to speak with Donald Trump following his election victory on Nov. 5, 2024 was Ukrainian President Volodymyr Zelenskyy. Congratulating the U.S. president-elect, Zelenskyy expressed confidence in the “potential for stronger cooperation” between the two nations.

International Business Times

Shell No Longer Required to Reduce Emissions by Specific Amount After Court Sides with Oil Giant

The Hague Court of Appeal ruled that while Shell has a responsibility to help fight climate change, it can do so by its own determined metrics.

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The Independent UK

Best Christmas beauty gift sets from Olaplex, Charlotte Tilbury, Refy, Chanel and more

Find everything from fragrances to make-up and haircare

Fortune

Donald Trump warned not to pull out of Paris climate agreement—by the CEO of oil giant Exxon Mobil

A reversal of Biden's decision four years ago to return to the landmark U.N. climate agreement would create a harmful yo-yo effect for businesses that plan investments over the long term.

Evening Standard

Oil and gas are 'gift from God', Azerbaijan president tells Cop29 climate summit

‘Countries should not be blamed for bringing these resources to the market, because the market needs them’ - Ilham Aliyev

Al Jazeera

COP29 host Azerbaijan brands oil and gas ‘gift from God’

President Aliyev accuses West of hypocrisy for criticising country’s fossil-fuel dependence while buying its oil & gas.

The Independent UK

Oil and gas are gift of god, Azerbaijan president tells climate summit

Ilham Aliyev blames ‘Western fake news media’ for criticism of his nation hosting Cop29

The Independent UK

A decade of Grecian reinvention: How OPSO changed the way London eats Greek food

Ten years ago, OPSO crashed into London’s dining scene and ripped up the Greek rulebook. Now, with a celebratory menu and a debut cookbook to boot, founders Nikos Roussos and Andreas Labridis look back at a decade of redefining Greek cuisine – where smoked eel meets carbonara, brunch gets a…

Radio France Internationale

Dutch court overturns landmark ruling and sides with Shell in climate case

Dutch judges ruled Tuesday against climate groups who said oil giant Shell was not doing enough to curb its greenhouse gas emissions, striking down a landmark judgement.

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