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The Latest Breaking News from Oil

New Zealand named COP28's 'Fossil of The Day'

A pledge to reopen New Zealand's waters to oil and gas exploration has won the country the "Fossil of The Day" award at the COP28 climate talks.

AAP

The Guardian view on a non-proliferation treaty: fossil fuels are weapons of mass destruction

Editorial: The planet faces an existential threat if we do not transition from the current extractive model of growth to a low-carbon economy

The Guardian - UK

Essequibo referendum: Is Venezuela about to seize part of Guyana?

Venezuelan President Nicolas Maduro is organising a referendum on Sunday to decide whether to create a new state in the Essequibo territory, an area currently under the control of neighbouring Guyana. Does Caracas have the means for its territorial ambitions, or is it just political grandstanding?

France 24

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Enthusiastic turnout for Virudhunagar’s ‘Our State Our Taste’ cooking competition

Virudhunagar's 'Our State Our Taste' cooking competition saw an enthusiastic turnout. Vennila Vasu won the round with Virudhunagar oil parota, mutton gravy, vetrilai laddu etc. M. Shanthi and Asma R. secured 1st and 2nd runner-up positions. Final showdown in Chennai on Dec 16. Grand prize ₹1 lakh, 2nd & 3rd…

The Hindu

At COP28, Al Gore takes aim at host UAE's emissions

Armed with satellite images of pipelines, former US vice president and climate champion Al Gore singled out the emissions of the United Arab Emirates (UAE) at the COP28 talks in the oil-rich monarchy on Sunday.

Radio France Internationale

Cop28 president says there is ‘no science’ behind demands for phase-out of fossil fuels

Exclusive: UAE’s Sultan Al Jaber says phase-out of coal, oil and gas would take world ‘back into caves’

The Guardian - UK

At COP28, Al Gore Takes Aim At Host UAE's Emissions

Armed with satellite images of pipelines, former US vice president and climate champion Al Gore singled out the emissions of the United Arab Emirates at the COP28 talks in the oil-rich monarchy on Sunday.

International Business Times

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Greenhouse gas emissions soar – with China, US and India most at fault

Satellite tracking data shows many countries and firms do not provide accurate figures

The Guardian - UK

Venezuela To Hold Referendum Over Essequibo Land Dispute With Guyana

Venezuela on Sunday will hold a referendum that it hopes will strengthen its century-old claim to the oil-rich Essequibo territory controlled by neighboring Guyana.

International Business Times

Duel in the Desert: Fossil Fuel Giants and Environmentalists Face Off Over Energy Transition at COP28

Amid revelations over host country UAE using climate conference to strike oil and gas deals, the lack of financing for clean energy looms over the globe.

Capital & Main

Rishi Sunak accused of hypocrisy after backing phase-out of fossil fuels at Cop28

UK prime minister attacked for inconsistency after allowing more gas and oil exploration in the North Sea

The Guardian - UK

Texas will have to cut methane emissions from oil fields under new federal climate rule

The Biden Administration announced a crackdown on methane emissions, a major driver of climate change. Major oil and gas companies also signed on to a voluntary net-zero commitment.

The Texas Tribune

Jeff Bezos’s massive yacht anchors next to oil tankers as boat is too big for port

Yacht seen docked behind cruise ship in area usually used for energy vessels

The Independent UK

Kamala Harris addresses Cop28 amid mixed reaction to US climate pledges

US vice-president, deputising for Joe Biden, tells summit that world faces a ‘pivotal moment’ in the climate crisis

The Guardian - UK

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Evening Standard

Two Just Stop Oil protesters arrested outside New Scotland Yard

At least two climate activists were carried into waiting police vans

International Business Times

50 Oil And Gas Companies Pledge To Cut Operational Emissions

Fifty oil and gas companies representing 40 percent of global production pledged to decarbonise their operations by 2050 at the UN's COP28 climate talks in Dubai on Saturday.

Al Jazeera

Oil companies pledge to lower methane emissions at COP28

Promises made by attending countries include commitments to the Green Climate Fund and renewable energy sources.

The Guardian - UK

US outlines measures to cut methane emissions by 80% in next 15 years

Regulations would cut equivalent of 1.5bn metric tonnes of carbon dioxide by 2038, head of EPA says at Cop28

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The Independent UK

At UN Climate talks, oil companies pledge to combat methane; Environmentalists call it "smokescreen"

Fifty oil companies representing nearly half of global production have pledged to reach near-zero methane emissions and end routine flaring in their operations by 2030, the president of this year’s U_N_ climate talks said Saturday, a move that environmental groups called a “smokescreen.”

The Guardian - UK

Lula’s bid to style himself climate leader at Cop28 undermined by Opec move

Brazilian president’s plans to approve new fossil fuel projects sit awkwardly with pledge to meet 1.5C target

The Guardian - UK

‘How do you reduce a national dish to a powder?’: the weird, secretive world of crisp flavours

Why can you buy lasagne flavour snacks in Thailand but not in Italy? Which country can cope with the hottest chilli? And why do Germans like paprika so much?

The Guardian - UK

Oil and gas firms must convert to renewables or face decline, says IEA chief

Fatih Birol says fossil fuel use will peak in 2030, and urges companies to lead switch to green energy

The Guardian - UK

Colombia joins international alliance calling for treaty to end use of fossil fuels

Colombian president Gustavo Petro wants treaty to lay out plan to end era of coal, oil and gas

Evening Standard

Best condiments from small businesses for mind-boggling flavour

Discover the holy grail of sauces

The Independent UK

Biden rule aims to reduce methane emissions, targeting US oil and gas industry for global warming

The Biden administration on Saturday issued a final rule aimed at reducing methane emissions, targeting the U.S. oil and natural gas industry for its role in global warming as President Joe Biden seeks to advance his climate legacy

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