The Latest Breaking News from Oil

Climate scientists say fossil fuel use needs to fall rapidly – but oil-rich kingdom is working to drive up demand

Memoranda of understanding have been signed, greenwashing claims have been made. Quite a bit is at stake in the coming weeks in Dubai.

The United Arab Emirates planned to exploit meetings with foreign governments arranged due to its COP28 hosting role to strike fossil fuel deals, according to leaked documents obtained by the BBC. The leaked briefing notes, obtained by journalists at the Centre for Climate Reporting (CCR) working alongside the British broadcaster,…

Rising demand and supply constraints are expected to keep oil prices high, driving the Oil & Gas industry’s growth. Given this backdrop, fundamentally strong oil & gas stocks Ultrapar Participações S.A. (UGP), Delek US Holdings (DK), and Martin Midstream Partners (MMLP), which are on the rise, could be solid buys…

United States projected to extract 12.9m barrels of crude oil as countries at Cop28 to push for agreed fossil fuels ‘phaseout’

World leaders, climate experts and oil company executives converge on Dubai later this week to talk about climate change at the United Nations COP28 meeting. Here's what you need to know.

The United Arab Emirates is ready for soaring temperatures that are feared to make parts of the Gulf uninhabitable by the end of the century, the oil power's climate change minister told AFP. Long experience of the harsh desert summers has taught the country to live with temperatures that regularly…

Dangerously moreish, this savoury biscuit that’s as good on its own as it is with cheese

Earth's climate is in trouble, and the signs could be seen around the world this summer