The Latest Breaking News from Oil

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 · Dec 11, 2023

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 · Dec 11, 2023

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 · Dec 11, 2023

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 · Dec 11, 2023

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 · Dec 11, 2023

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.

Roll Call · Dec 11, 2023

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.…

StockNews.com · Dec 11, 2023

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…

France 24 · Dec 11, 2023

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…

Reason · Dec 11, 2023

'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.

Latin Times · Dec 11, 2023