The Latest Breaking News from Oil

At COP28, delegates to discuss curbing emissions, adaptation, and a fund to compensate those affected by climate change. Negotiations have been fraught with disagreements, but hope is pinned on the conference to deliver relief to millions suffering from climate change. #COP28 #ClimateChange #Emissions #Adaptation #LossAndDamageFund

Gordon Brown leads those signing letter to Cop28 and G20 presidents calling for levy to help fill ‘loss and damage’ fund

The United Arab Emirates (UAE), the world’s seventh largest oil producer, will host the 28th UN climate change summit (COP28) in Dubai from November 30 to December 12. Presiding over the conference will be the chief executive of the UAE state-owned oil company Adnoc, Sultan al-Jaber.

A high-level meeting between Italian and Saudi officials took place Monday ahead of this week's landmark international climate conference.

Leaked briefing documents for meetings with governments contained ‘asks’ from state oil firm

The United Arab Emirates planned to exploit meetings with foreign governments arranged due to its COP28 hosting role to strike fossil fuel deals, according to leaked documents obtained by the BBC. The leaked briefing notes, obtained by journalists at the Centre for Climate Reporting (CCR) working alongside the British broadcaster,…

Rising demand and supply constraints are expected to keep oil prices high, driving the Oil & Gas industry’s growth. Given this backdrop, fundamentally strong oil & gas stocks Ultrapar Participações S.A. (UGP), Delek US Holdings (DK), and Martin Midstream Partners (MMLP), which are on the rise, could be solid buys…

United States projected to extract 12.9m barrels of crude oil as countries at Cop28 to push for agreed fossil fuels ‘phaseout’

World leaders, climate experts and oil company executives converge on Dubai later this week to talk about climate change at the United Nations COP28 meeting. Here's what you need to know.