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The Latest Breaking News from Oil

Making oil is more profitable than saving the planet. These numbers tell the story

Major oil companies are under pressure to invest more money in clean energy — but there's a big hurdle: It's still a hell of a lot more profitable to produce fossil fuels.

WEKU

Unlocking Year-End Gains with Energy Stocks

Amid heightened demand for oil and gas, the energy sector is on the brink of substantial expansion. Moreover, Wall Street analysts expressed optimistic views triggered by constrained supply. Given this backdrop, quality energy stocks Marathon Petroleum Corporation (MPC), ChampionX Corporation (CHX), and Liberty Energy (LBRT) could be solid buys for…

StockNews.com

How to make your bedroom smell good for sleep – 9 unusual alternatives to traditional lavender scents

Dreamy notes to promote rest and relaxation

Homes & Gardens

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read the most diverse news in one place.

COP28: UN climate summit set to overrun as countries fail to agree on fossil fuel plan

A draft agreement has been described as 'meaningless' and 'a charade' by countries who say more must be done to phase out oil, coal and gas

Evening Standard

Climate talks enter last day with no agreement in sight on fossil fuels

Hopes for finishing a critical climate summit on time faded early Tuesday as countries were still far apart on key issues, including an agreement on what to do about the fossil fuels that are causing dangerous global warming

The Independent UK

The limitations of CCS and CDR and their grip on our future climate | Explained

At COP28, CCS & CDR techs discussed to abate carbon emissions. CCS captures CO₂ from sources like fossil fuel industry & CDR uses natural means & techs like direct air capture. AR6 relies on CDR to limit warming to 1.5°C. CCS & CDR create room to emit, but use of…

The Hindu

Jordan's Mission To Save Its Ancient Olive Trees

Every morning, Jordanian farmer Ali Saleh Atta swallows two cloves of garlic with a cup of olive oil before heading out to check on his ancient olive trees.

International Business Times

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Revealed: more than 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

New Mexico, the No. 2 oil-producing US state, braces for possible end to income bonanza

New Mexico is bracing for the possibility that a bonanza in oil income for the nation's No. 2 oil producing state will end if the world's thirst for oil falters

The Independent UK

Communities on US LNG front line ask Biden to reject export terminal

Louisiana’s booming LNG industry is wreaking havoc on fishing community. Locals are protesting a potential new terminal.

Al Jazeera

Tim Dunn, the powerhouse GOP donor, to sell his West Texas oil company for $12 billion

Tim Dunn has used his wealth to establish a network of organizations that push his ultraconservative views across Texas. The deal comes amid a time of consolidation in the Permian Basin.

The Texas Tribune

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

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

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

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Al Jazeera

COP28 draft deal slammed for dropping call to phase out fossil fuels

Oil-rich countries have pushed back against proposed language that underscores need to move away from fossil fuels.

Evening Standard

Best fish oil supplements to boost your omega-3, rated by an expert

Boost your overall health and strengthen your immune system with these not-so-little yellow pills

Barchart

Crude Recovers Early Losses on Energy Demand Optimism

January WTI crude oil (CLF24) this morning is up +0.03 (+0.04%), and Jan RBOB gasoline (RBF24) is up +0.0026 (+0.13%). Crude oil and gasoline prices this morning recoverd from early losses and are slightly higher after the AAA predicted a record number of air travelers during Christmas week, a positive...

International Business Times

'This Is Guyana': Essequibo Residents Anxious Over Venezuela Claim

A freshly planted Guyanese flag flaps on the summit of a table-top mountain rising from thick forests in a remote region near the Venezuelan border.

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The Independent UK

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 Guardian - US

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

Roll Call

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.

StockNews.com

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.…

France 24

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…

Reason

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…

Latin Times

'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.

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