The Latest Breaking News from Oil

Parliament may cool down after legislators finished their job grilling the government in the censure debate last week, but how the Prayut Chan-o-cha administration will better combat economic hardship remains a burning issue.

The Democratic Republic of Congo (DRC) says it will start auctioning off rights next week to enable drilling for oil in more than two dozen areas, including a rainforest region that green action groups say should be protected.

Dozens of murders and disappearances associated with the Texas Killing Fields remain unsolved. But for a handful of families in the area, a serial killer's confession means they finally have answers.

Hundreds of people have descended on Parliament to protest against climate change and the cost-of-living crisis.The coalition of groups, including Just Stop Oil and Insulate Britain, staged a 15-minute sit-in on Parliament Square.One organiser described it as a way of getting people to “dip their toe” in civil disobedience.

Sale calls into question protection deal signed at Cop26 as expert warns Congo auction could be a catastrophe for wildlife, health and climate

"I think it’s the moral equivalent of a war crime… The consequences of what they’ve done are just almost unimaginable' - Al Gore

A British firm says it has produced the world's first bioplastic vinyl record, which it hopes will reduce the need for highly toxic PVC. Bioplastics are derived from sources such as sugars and starches -- rather than oil or gas -- and do not create any toxic waste in their…

Libya's National Oil Corporation (NOC) aims to bring back production to 1.2 million barrels per day (bpd) in two weeks, NOC said in a statement early on Saturday. Current oil production is at 860,000 bpd, compared with 560,000 bpd before resuming production, NOC added. Libya's crude production had resumed at…

As inflation surges around the world, politicians are scrambling for ways to keep food affordable as people increasingly protest the soaring cost of living