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The Latest Breaking News from Oil

Jordan's Mission To Save Its Ancient Olive Trees

Every morning, Jordanian farmer Ali Saleh Atta swallows two cloves of garlic with a cup of olive oil before heading out to check on his ancient olive trees.

International Business Times

Revealed: more than 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

The Guardian - US

New Mexico, the No. 2 oil-producing US state, braces for possible end to income bonanza

New Mexico is bracing for the possibility that a bonanza in oil income for the nation's No. 2 oil producing state will end if the world's thirst for oil falters

The Independent UK

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Communities on US LNG front line ask Biden to reject export terminal

Louisiana’s booming LNG industry is wreaking havoc on fishing community. Locals are protesting a potential new terminal.

Al Jazeera

Tim Dunn, the powerhouse GOP donor, to sell his West Texas oil company for $12 billion

Tim Dunn has used his wealth to establish a network of organizations that push his ultraconservative views across Texas. The deal comes amid a time of consolidation in the Permian Basin.

The Texas Tribune

Revealed: over 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

The Guardian - US

Supermarket ice-cream stick taste test: the winner is a classic, the worst is the most expensive

From golden oldies to ‘weirdly oily’ alternatives, Nicholas Jordan searches for his new favourite portable ice-cream. Little did he know the journey might break him

The Guardian - AU

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Crude Finishes Slightly Higher on Energy Demand Optimism

January WTI crude oil (CLF24 ) on Monday closed up +0.09 (+0.13%), and Jan RBOB gasoline (RBF24 ) closed down -0.0067 (-0.33%). Crude oil and gasoline prices on Monday settled mixed. Crude prices Monday recovered from early losses and posted modest gains after the AAA predicted a record number of...

Barchart

COP28 draft deal slammed for dropping call to phase out fossil fuels

Oil-rich countries have pushed back against proposed language that underscores need to move away from fossil fuels.

Al Jazeera

Best fish oil supplements to boost your omega-3, rated by an expert

Boost your overall health and strengthen your immune system with these not-so-little yellow pills

Evening Standard

Crude Recovers Early Losses on Energy Demand Optimism

January WTI crude oil (CLF24) this morning is up +0.03 (+0.04%), and Jan RBOB gasoline (RBF24) is up +0.0026 (+0.13%). Crude oil and gasoline prices this morning recoverd from early losses and are slightly higher after the AAA predicted a record number of air travelers during Christmas week, a positive...

Barchart

'This Is Guyana': Essequibo Residents Anxious Over Venezuela Claim

A freshly planted Guyanese flag flaps on the summit of a table-top mountain rising from thick forests in a remote region near the Venezuelan border.

International Business Times

Leaders of Guyana and Venezuela to meet this week as region worries over their territorial dispute

The leaders of Guyana and Venezuela will meet this week to address an escalating dispute over the Essequibo region that is rich in oil and minerals

The Independent UK

Occidental Petroleum to buy energy producer CrownRock in $12bn deal

Purchase is latest in series of big takeovers in oil and gas industry and will give Occidental more than 94,000 net acres in Texas

The Guardian - US

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Roll Call

Indigenous peoples' dissenting views on Arctic drilling fuels debate - Roll Call

The concerns of various indigenous communities, often echoed by lawmakers, conflict over oil and gas leasing in the Arctic.

StockNews.com

Analyzing 3 Energy Stocks: Buy, Hold, or Sell?

With solid oil and gas demand, coupled with limited supplies, there is a likelihood of oil price surges. Given this backdrop, it could be an opportune time for investors to add quality energy stocks like Marathon Petroleum Corporation (MPC), Par Pacific Holdings (PARR), and Graham Corporation (GHM) to the portfolio.…

France 24

Could there be a conflict between Venezuela and Guyana over disputed Essequibo region?

Recently discovered oil is transforming Guyana's fortunes. But neighbouring Venezuela has suddenly rekindled old claims of territorial ownership. Official Venezuelan maps now incorporate the disputed Essequibo region that covers two-thirds of Guyana, and Venezuelan oil companies have been ordered to start extraction. In a December 3 non-binding referendum, Venezuelan voters…

Reason

Brickbat: All Charged Up

Starting next year, Germany will ban new oil or gas boilers from being installed in buildings. Instead, building owners must install heat pumps. But the country's electricity grid is already straining because of lack of investment, so the government has also given grid operators the ability to throttle heat pumps…

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Latin Times

'Not A Minute To Lose': Clock Ticks On Fossil Fuel Deal At Climate Summit

Simon Stiell urged countries to preserve the "highest ambition" to check warming at no more than 1.5 degrees Celsius above pre-industrial levels.

The Independent UK

Stock market today: Asian shares mixed after Wall Street hits 2023 high

Asian shares are mixed after Wall Street reached a 20-month high ahead of a week that includes essential U.S. inflation data and a final rate decision of the year by the Federal Reserve

Capital & Main

Give Climate Change the Name It Deserves: Fossil-Fueled Destruction

“Climate Crisis” only identifies the symptoms of oil and gas dependence. As time runs out, we need a term that focuses on what — and who — is to blame.

Reason

The Rotten Core Of College Campuses

Many readers may be aware that it is currently the holiday of Chanukkah. And maybe you know that during this holiday, the Jewish people light a menorah (candelabra) with eight candles to remind us of a miracle: in ancient times, there was only enough oil to light a lamp for…

The Independent UK

Guyana agreed to talks with Venezuela over territorial dispute under pressure from Brazil, others

The government of Guyana, under pressure from neighboring Brazil and a Caribbean trading bloc, has agreed to join bilateral talks with Venezuela over an escalating territorial dispute

International Business Times

US Joins COP28 Push To End Fossil Fuels But Keeps On Pumping

The United States is helping lead the charge at UN climate talks to phase out fossil fuels, but the superpower's status as the world's top oil producer is already casting doubt on its credibility.

The Hindu

Seven drug peddlers held, contraband worth ₹2.28 lakh seized

Seven drug peddlers, incl. woman, arrested in Hyderabad. Prime accused Syed Muzaffar Ali, 26, an addict, sent friend Mohd Qaseem to Paderu to smuggle drugs. Hash oil brought in for ₹80K/litre, sold in 5ml bottles for ₹2K each. 310ml hash oil & 70g charas seized, worth ₹2.28L. Accused handed to…

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