The Latest Breaking News from Oil

After the U.S. lifted its sanctions, Venezuela is trying to revive its beleaguered oil industry. But ramping up production is causing more oil spills.

It's interesting to note the seasonal leader of the energy sector over the winter is not heating oil or natural gas, but RBOB gasoline.

On Wednesday the U.S. Treasure Department imposed a new round of sanctions against a group of 20 people and firms who are allegedly involved in a financial facilitation network for the benefit of the Iranian military

Tight supplies in the near term and the expected rise in demand for oil and gas in the long term will boost oil and gas prices, boosting the prospects of energy companies. Therefore, buying fundamentally strong energy stocks, Energy Transfer (ET) and Geospace Technologies (GEOS) could be wise. Read more….

It’s obscene that the super-rich can criminalise protest, while they burn the world’s resources and remain untouched by the law, says Guardian columnist George Monbiot

A collaboration between Google and geothermal energy innovator Fervo uses modern oil/gas drilling techniques to harness round-the-clock clean geothermal energy.

Climate Wiseman was found guilty after selling ‘plague protection oil’ to his followers.

As the latest UN climate change summit (COP28) gets underway in Dubai, conversations around limiting global warming to 1.5°C will confront a harsh reality. Global temperatures have surged over the past year, with the monthly global average surpassing 1.5°C above pre-industrial levels during the summer. Some days in November have…

A potential peak in greenhouse gas emissions, methane efforts and climate finance are among the reasons for optimism

High in remote mountains in the oil-rich United Arab Emirates, a new plant will soon take atmospheric CO2 and pump it into rock -- part of controversial attempts to target planet-heating emissions without abandoning fossil fuels.

The Emirati president of the UN climate conference in Dubai denied Wednesday reports that he sought to use his leadership of COP28 to pursue fossil fuel deals for his country.