The Latest Breaking News from Oil

The world has looked to offsetting schemes to protect forests, fund conservation and fight the climate crisis – but many fail to fulfil their promises. Here are five ways to keep our forests standing

BP will donate £50m to help with the renovation of the museum as climate groups slammed decision

French energy giant TotalEnergies is ready to invest $6 billion (5.5 billion euro) over several years in Nigeria's oil and energy industry, especially in gas and offshore projects.

Asian shares are mixed after a seven-week winning streak on Wall Street cooled

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China's Sinochem seizes a rare opportunity, swooping in on a Venezuelan oil cargo as the U.S. momentarily lifts sanctions. An intriguing geopolitical dance!

Attacks from the Houthis on shipping vessels have increased in response to the war in Gaza, with BP halting all shipments of oil and gas through the region

While the COP28 agreement sets out to see the end of fossil fuels, the UN reported that the world is still not on track to meet net-zero goals by 2050.

An explosion at Guinea's main oil terminal in Conakry has killed 13 people, injuring scores more. The fire has been largely contained, but concerns over fuel shortages have prompted residents to besiege gas stations nearby. Plus, candidates make one last appeal for votes on the campaign trail ahead of Wednesday's…