The Latest Breaking News from Oil

With biodiversity declining at unprecedented rates and less than a decade remaining to avert the worst effects of climate change, world leaders and policymakers are on the hunt for new and innovative solutions. In the halls and meeting rooms of global COP conferences, digital technologies have been heavily promoted to…

Additional cost of living payment will be paid to millions of households who use oil, LPG or biomass boilers to heat homes

Weak energy demand from China has helped Europe survive an energy crisis, but a resurgent economy means the continent’s “key safety valve” is gone.

The fix is in. During the Thanksgiving holiday, the Biden administration announced it was quietly reversing policy and allowing limited petroleum imports from Venezuela. The Treasury Department lifted restrictions permitting a six-month deal to ease sanctions so that Chevron petroleum may buy and then ship Venezuelan crude oil to American…

Some European Union countries are trying to weaken the bloc's planned law to cut methane emissions in the oil and gas sector, documents show, weeks after the EU pledged at the COP27 climate conference to do more to tackle the potent greenhouse gas.

The great-grandad first started lifting weights aged 16 to bulk up for football and built DIY gyms on five oil rigs he worked on in the 60s before health and safety laws

JPMorgan’s CEO warned of a prolonged energy crisis, while calling for a “Marshall Plan for energy” to combat oil and gas underinvestment.

Jelly doughnuts are a common treat during Hanukkah

The Lamu Port-Southern Sudan-Ethiopia Transport – or Lapsset – corridor is the flagship project of Kenya’s Vision 2030 development agenda. Inaugurated in 2012, the planned corridor includes a railway, highways and an oil pipeline connecting newly discovered oil fields in the north to a new port in Lamu, north of…

The red carpet has been rolled out for Chinese President Xi Jinping in Riyadh. Xi is set to meet some 30 heads of state and businesses during his three-day state visit. China is the top customer for Saudi oil and both sides are keen to expand their relationship at a…

Activists step up protests after Michael Gove approves Cumbria coal mine