The Latest Breaking News from Oil

The Guardian view on betting the planet: a big oil producer presiding over Cop28 is a risk

Editorial: The success of this week’s UN climate summit will depend on one man who must know that a favourable result would be bad news for the industry he represents

The Guardian - UK · Nov 28, 2023

Blunt bobs are the ultimate chic hairstyle for the festive season - here's how to make one work for you

Have you been eyeing up the blunt bob? The experts share their styling tips and how to know if it will suit you

Woman & Home · Nov 28, 2023

Crude Prices Gain on Dollar Weakness and Strong Economic News

January WTI crude oil (CLF24 ) this morning is up +1.93 (+2.58%), and Jan RBOB gasoline (RBF24 ) is up +0.0578 (+2.69%). Crude oil and gasoline prices this morning are moderately higher. Today's slump in the dollar index (DXY00 ) to a 3-1/2 month low is bullish for energy prices....

Barchart · Nov 28, 2023

New Google geothermal electricity project could be a milestone for clean energy

Google announced Tuesday that an advanced geothermal project has begun pumping carbon-free electricity onto the Nevada electric grid to feed Google data centers there

The Independent UK · Nov 28, 2023

The head of the Middle East's largest private oil producer says we'll need '100 times more' renewable energy to meet demand

“You need to add a new Saudi Arabia every two years just to meet the current demand," Crescent Petroleum CEO Majid Jafar said at Fortune's Global Forum in Abu Dhabi.

Fortune · Nov 28, 2023

Norway Court Hears Lawsuit Over State's Oil Plans

A court began hearing Tuesday a lawsuit against Norway over oil and gas development plans, with environmental groups saying the country is throwing "gasoline on the fire" of the climate crisis.

International Business Times · Nov 28, 2023

UN COP28: What to know about the climate summit in Dubai

Climate financing and reining in fossil fuels are to top the agenda of the 2023 climate change summit to be held in UAE.

Al Jazeera · Nov 28, 2023

Why the world's first flight powered entirely by sustainable aviation fuel is a green mirage

A Boeing 787 Dreamliner is set to take off from Heathrow on November 28 and head for JFK airport in New York, powered by so-called sustainable aviation fuel (SAF). According to its operator, Virgin Atlantic, the world’s “first 100% SAF flight” will mark “a historic moment in aviation’s roadmap to…

The Conversation · Nov 28, 2023

Latex-clad Olivia Colman calls out pensions funds for investing in fossil fuels in advert

About £88 billion of pension savers' money goes towards oil and gas, campaigners say

Evening Standard · Nov 28, 2023

Can an oil executive broker a climate deal?

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

The Hindu · Nov 28, 2023