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The Latest Breaking News from Oil

Record number of fossil fuel lobbyists get access to Cop28 climate talks

UAE-hosted summit admitted at least 2,456 people affiliated with oil and gas industries, analysis finds

The Guardian - UK

World Could Breach 1.5C Warming Threshold In 7 Years: Study

The world may cross the crucial 1.5C global warming threshold in seven years as fossil fuel CO2 emissions continue to rise, scientists warned Tuesday, urging countries at the COP28 talks to "act now" on coal, oil and gas pollution.

International Business Times

Fossil fuels influence and other takeaways from Monday's climate conference events

The influence of fossil fuels was a focal point Monday at the United Nations annual climate conference known as COP28

The Independent UK

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Wall Street Expects This Energy Dividend Stock to Rally 34%

For energy investors seeking a powerful combination of income and growth, here's a look at one top-rated petroleum shipping stock that offers a healthy dividend yield.

Barchart

Crude Prices Close Lower on Doubts About OPEC+ Crude Production Cuts

January WTI crude oil (CLF24 ) on Monday closed down -1.03 (-1.39%), and Jan RBOB gasoline (RBF24 ) closed up +0.0210 (+0.99%). Crude oil and gasoline prices on Monday settled mixed, with crude falling to a 2-week low. Monday's rally in the dollar index to a 1-week high was bearish...

Barchart

Intel claims AMD is selling snake oil with its Ryzen 7000-series chips

Intel has thrown down the gauntlet by suggesting that AMD is misleading customers with its chip-naming conventions.

TechRadar

6 air fryer gifts to make the holidays easier and tastier

If you’re looking for the perfect gift for someone who’s too busy to cook, consider adding these air fryers and accessories to your shopping cart while holiday shopping.

TechRadar

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Saudi Arabia Says 'Absolutely Not' To Oil Phaseout At COP28

Saudi Arabia's energy minister has slammed the door shut on agreeing to phase out fossil fuels at the UN's COP28 climate talks, setting the stage for difficult negotiations in Dubai.

International Business Times

If combating global warming is the goal, the oil and gas industries have too much power at UN conference

Allowing the fossil fuel industries to wield their power in the UN’s climate talks means pulling punches against the greatest existential threat faced by humanity, all to spare those companies a threat to their bottom lines.

Chicago Sun-Times

Guyana 'Vigilant' After Venezuelans Vote On Fate Of Border Region

Guyana said Monday it would remain "vigilant" after Venezuelans voted overwhelmingly in favor of claiming an oil-rich border region that makes up more than two-thirds of its territory.

International Business Times

Police seize thousands of litres of ‘fake’ olive oil in raids

International gang allegedly sought to pass off lower-quality oils as virgin and extra virgin

The Independent UK

Crude Prices Under Pressure on Doubts About OPEC+ Crude Production Cuts

January WTI crude oil (CLF24) this morning is down -0.57 (-0.77%), and Jan RBOB gasoline (RBF24) is up +0.0142 (+0.67%). Crude oil and gasoline prices this morning are mixed, with crude falling to a 2-week low. Today's rally in the dollar index to a 1-week high is bearish for energy...

Barchart

Venezuela's Guyana Annexation Referendum Leaves Region On Razor's Edge

The Maduro regime is threatening to destabilize the Caribbean in a bid for offshore oil reserves, in a move likely to invite back crippling US sanctions.

International Business Times

Crude Oil: Does OPEC Have a Problem?

OPEC’s biannual meeting in late November establishes the cartel’s production policy for the coming year. The cartel scheduled the late 2023 meeting for Sunday, November 26, but the oil ministers could not agree on output quotas during preliminary meetings, causing a delay in the meeting until the end of November.

Barchart

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The Conversation

How a hybrid heating system could lower your bills and shrink your carbon footprint

To heat your home without damaging the climate, you will need to replace your gas boiler. UK government advisers recommend switching to appliances that run on electricity.

International Business Times

COP28 Makes Progress On Methane And Climate Finance; Talks Derailed By Fossil Fuel Phase-Out

Two steps forward and another one back: COP28 makes progress on major initiatives, but critics say the oil lobby mars an otherwise productive summit.

Evening Standard

Police arrest almost 650 Just Stop Oil protesters in a month as they make use of new law

Campaigners slam 'sweeping and dangerous' powers

The Hindu

Naval ops demo in Kochi entertains viewers

Navy Day celebrated with op demo off Rajendra Madian; Vice Admiral M.A. Hampiholi hosted with Governor Arif Mohammed Khan as chief guest. Showcased combat beach recce, flypast, simulated gun salutes, heli landing, search & rescue, mock oil rig demo, aerial extraction, watermanship, Sudarshini sails, SCC horn pipe, continuity drill, MH60…

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Reason

Private Jets to the Climate Conference

Plus: Chinese migrants, socialized medicine kills, NYC can't handle preteen bullies, and more...

The Conversation

COP28 president is wrong – science clearly shows fossil fuels must go (and fast)

According to the president of COP28, the latest round of UN climate negotiations in the United Arab Emirates, there is “no science” indicating that phasing out fossil fuels is necessary to restrict global heating to 1.5°C.

Evening Standard

Police seize 5,000 litres of 'fake' olive oil in raids on international gang

Spanish and Italian police arrest 11 allegedly passing off cheap blended oil as premium

The Independent UK

Gore blasts COP28 climate chief and oil companies' emissions pledges at UN summit

Former Vice President Al Gore says don’t trust the oil and gas industry to report their actual carbon pollution and he adds that the man running United Nations climate talks runs one of the dirtiest oil companies out there

The Independent UK

For a different take on latkes, try these ginger sweet potato pancakes with orange zest

Traditional Hanukkah latkes are pancakes made from white potatoes and simply seasoned with salt, pepper and onion

The Independent UK

Butter and lemon juice enrich Spanish steak sandwiches

Spaniards are not known for eating lunch on the go

Chef shows how to cook Christmas dinner in an air fryer... and I'm impressed and horrified

How to cook your entire Christmas dinner using an air fryer

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