The Latest Breaking News from Oil

While farming continues to drive deforestation around the world, 60% of the destruction of Earth’s large, intact forests is caused by other forces. In particular, our research shows that more than one-third of this destruction can be blamed on the production of commodities for export, particularly timber, minerals and oil…

Claimants ClientEarth say the oil company’s plan puts the company at financial risk as the world transitions to clean energy

Logically, one would imagine that 2023 would be a much better year than 2022. Covid is over in every corner of the earth and economic activities resume. The world oil price is below US$80 (2,677 baht) per barrel and inflation is coming down. At the first meeting of 2023, the…

Federal Natural Resources Minister Jonathan Wilkinson recently announced that “just transition” legislation is forthcoming that will help Canadian oil and gas workers move into jobs in the low-carbon energy sector.

France’s TotalEnergies SE doubled its profits in 2022, joining other international oil and gas companies in fattening their bottom lines as high energy prices surged after Russia’s invasion of Ukraine

Equinor's 2022 profits were a staggering £23.8bn ($28.7bn) compared to the £7.1bn ($8.6bn) they made in 2021.

Russia’s invasion of Ukraine last year caused oil and gas prices to surge, triggering a cost of living crisis in many countries, including the UK.

Six defendants deny causing a risk of serious harm to Formula 1 drivers and marshals during last year’s race at Silverstone.

Five members of group convicted of criminal damage and fined after gluing themselves to painting in London