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The Latest Breaking News from Oil

Fossil fuel interests have large, yet often murky, presence at climate talks, AP analysis finds

Close to 400 people connected to fossil fuel industries in some way or another attended last year’s United Nations’ climate talks in Egypt

The Independent UK

Texas produces twice as much methane as better regulated neighbor, study finds

Data shared with Guardian reveals Texas oil and gas fields emitting far more methane than New Mexico, prompting calls for stiffer curbs

The Guardian - US

Police and Just Stop Oil at loggerheads after ambulance car blocked

Police move in to remove protesters blocking bridge where ambulance was held up

Evening Standard

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Police make 40 arrests as Just Stop Oil 'block ambulance' in Waterloo Bridge protest

Police move in to remove protesters blocking bridge where ambulance was held up

Evening Standard

Shell edges out Volkswagen to top the list of companies bringing in the most revenue in Europe

An energy crisis sent Shell's profits soaring as oil and gas companies dominated the inaugural Fortune 500 Europe list.

Fortune

BP projects have helped fund Azerbaijan military aggression, say campaigners

Exclusive: Global Witness claims UK firm has indirectly helped fund aggression against ethnic Armenians in Nagorno-Karabakh

The Guardian - UK

Top 3 Oil Stocks to Invest in November

Industry experts predict an oil price upswing due to robust demand and supply constraints. Given that the potential price tailwinds could keep the energy industry buoyed, fundamentally strong oil stocks Ultrapar Participações S.A. (UGP), Transportadora de Gas del Sur S.A. (TGS), and Repsol, S.A. (REPYY), could be wise portfolio additions…

StockNews.com

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Ambulance heading to emergency blocked as Just Stop Oil clash with police on Waterloo Bridge

Met Police said the ambulance, which had flashing blue lights on, wasn’t able to get over the London bridge due to the climate change protest

The Independent UK

Indian Oil to expand its LNG terminal at Kamarajar Port in Chennai

IOCL plans to double capacity of its LNG terminal in Ennore, Chennai. No additional land required. Cost of project estimated at ₹3,000 crore. Expansion to supply clean energy to TN, AP, Karnataka. Re-gasified LNG to be used for power, fertiliser plants, city gas, vehicles, piped natural gas. Terms of Reference…

The Hindu

44 charged after Just Stop Oil protests in Whitehall and National Gallery

Since October 30, 219 activists from the group have been arrested and 98 have been charged.

The Independent UK

Just Stop Oil: 44 people charged after protesters target National Gallery and Whitehall

Glass protecting a painting was smashed, and traffic in Whitehall brought to a standstill during the protests

Evening Standard

‘Insanity’: petrostates planning huge expansion of fossil fuels, says UN report

Plans by nations including Saudi Arabia, the US and UAE would blow climate targets and ‘throw humanity’s future into question’

The Guardian - UK

As price of olive oil soars, chainsaw-wielding thieves target Mediterranean's century-old trees

In the Mediterranean's olive-growing countries, the extreme weather caused by climate change is taking a toll

The Independent UK

Crude Plunges on Dollar Strength and a Weak Global Energy Demand Outlook

December WTI crude oil (CLZ23 ) on Tuesday closed down -3.45 (-4.27%), and Dec RBOB gasoline (RBZ23 ) closed down -0.0682 (-3.05%). Crude oil and gasoline prices Tuesday sold off sharply, with crude dropping to a 3-1/2 month low and gasoline sliding to a 4-week low. A stronger dollar on...

Barchart

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Barchart

Crude Prices Tumble on Dollar Strength and Global Energy Demand Concerns

December WTI crude oil (CLZ23 ) this morning is down -2.44 (-3.02%), and Dec RBOB gasoline (RBZ23 ) is down -0.0593 (-2.65%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 2-1/2 month low and gasoline sliding to a 4-week low. A stronger dollar...

France 24

McKinsey & Company pushes fossil fuel interests as advisor to UN climate talks, whistleblowers say

The world's top management consultancy McKinsey & Company is using its position as a key advisor to the UN's COP28 climate talks to push the interests of its big oil and gas clients, undermining efforts to end the use of the fossil fuels driving global warming, according to multiple sources…

The National (Scotland)

'Pipedream': Tories' oil and gas plan condemned by climate campaigners

THE UK Government’s plans to mandate annual oil and gas licensing in the North Sea has been slammed as a “pipedream” by furious climate…

StockNews.com

Occidental Petroleum (OXY) Earnings Forecast

Occidental Petroleum’s (OXY) revenue and earnings missed analysts’ estimates in the last reported quarter. As the oil giant gears to release its third-quarter financial results today after the market closes, how should investors approach this stock? Read on to know more….

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The Guardian - UK

North Sea oil and gas: what is the new licensing scheme, and will it cut bills?

Rishi Sunak signalled changes in the king’s speech that create a policy divide with Labour

The Guardian - US

Trudeau’s halt on carbon tax could undo years of his tentpole climate policy

Decision to pause levy on home heating oil in Atlantic Canada has experts concerned about efforts to combat climate crisis

Evening Standard

Is Martin Scorsese's Killers of the Flower Moon based on a true story?

The film draws its inspiration from a disturbing true story – but how close is the film to what really happened?

The Guardian - UK

Anti-green measures in king’s speech are desperate political play by Sunak

Much-trumpeted legislation on new drilling will achieve nothing, but PM is hoping to put Labour on the spot

The Independent UK

King’s Speech: What policies made it in and what’s been removed?

Rishi Sunak’s plans for smoking ban, football regulator, oil and gas drilling and tougher prison sentences finally revealed

The Guardian - UK

Shock of the old: 10 scandalous vintage medicines – from asthma cigarettes to cocaine wine

Cure any ailment! Never known to fail! Early medicine adverts made grand claims but they look alarming today

Evening Standard

Goodbye brain fog: how to hack your mitochondria, the body's energy generators

Feeling sluggish, tired or poorly? It might be your biochemistry. But there's a solution, says Louise Pyne

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