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The Latest Breaking News from Oil

Disgraced Singapore Oil Tycoon To Be Sentenced For Fraud

The founder of a failed Singapore oil trading company will be sentenced Monday for cheating banking giant HSBC out of millions of dollars in one of the country's most serious cases of fraud.

International Business Times

Gabon votes yes on new constitution a year after the military seized power

Authorities in Gabon say voters have overwhelmingly approved a new constitution more than one year after mutinous soldiers overthrew the country’s longtime president and seized power in the oil-rich Central African nation

The Independent UK

Adriana Cavita’s secret ingredient: avocado oil

The El Bulli-graduate and London-based chef on her favourite addition to ceviches, salads … and hair

The Guardian - UK

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What Are Wall Street Analysts' Target Price for Marathon Oil Stock?

With Marathon Oil underperforming the broader S&P 500 Index, Wall Street analysts remain cautiously optimistic about the stock.

Barchart

This is the only over-the-counter retinol I've ever got on with; here's why I will forever love it

Blue bottle of joy

Marie Claire

How to watch Landman online and stream Taylor Sheridan’s oil industry drama from anywhere

Jon Hamm plays billionaire owner Monty in Taylor Sheridan's 10-part drama. Read our guide here for how to watch Landman online with Paramount Plus.

TechRadar

Trump names fossil fuel executive Chris Wright as energy secretary

President-elect Donald Trump has selected Chris Wright, a campaign donor and fossil fuel executive, to serve as energy secretary after his second administration begins in January

The Independent UK

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Stonehenge climate protesters charged

Authorities are charging Just Stop Oil protesters with destroying or damaging an ancient protected monument

Salon

Gabon votes on a new constitution after the military seized power last year

Gabon is holding a referendum on whether to adopt a new constitution, more than a year after mutinous soldiers overthrew the country’s longtime president and seized power in the oil-rich Central African nation

The Independent UK

Why One Analyst Just Downgraded This Investor-Favorite Energy Dividend Stock

What’s behind this analyst’s sudden shift to a more cautious stance on Devon Energy?

Barchart

Scottish Tories appoint oil tycoon and Lord to party leadership roles

THE Scottish Tories have appointed an Aberdeen oil tycoon and a member of the House of Lords to party leadership roles.

The National (Scotland)

Distressed oil company files for Chapter 11 bankruptcy

Louisiana-based oil and gas company filed for Chapter 11 bankruptcy seeking to sell its assets.

The Street

‘Here’s how it feels’: how a Lebanese businessman lost everything in five years of turmoil and war

Beirut property developer among many denied access to fortunes by banks after a financial crisis and now reeling from effects of Israel’s airstrikes

The Guardian - UK

Best beauty gift sets for Christmas 2024 that makeup and skincare fans will love

Beauty bundle packs that will give you bang for your buck

Evening Standard

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The Guardian - UK

Almost 500 carbon capture lobbyists granted access to Cop29 climate summit

More lobbyists for the controversial technology were present this year, despite debate about its viability

Top News

Debate Over Oil Drilling In Alaska's Arctic Refuge

Explore the ongoing debate over oil drilling in Alaska's Arctic National Wildlife Refuge and the challenges of balancing economic interests with environmen...

The Independent UK

Colombia’s government is eager for post-fossil fuels economy. But costs are a barrier

The main goal of this year's United Nations climate talks in Azerbaijan is to establish just how much wealthy nations will contribute to help the developing world cope with climate change and transform their energy systems

The Independent UK

Alaska political leaders hope to see Trump undo restrictions on oil drilling

Political leaders in Alaska have welcomed President-elect Donald Trump's pledges to expand oil production

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news in one place.

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Barchart

Crude Prices Slide as China's Energy Demand Weakens

December WTI crude oil (CLZ24 ) Friday closed down -1.68 (-2.45%), and December RBOB gasoline (RBZ24 ) closed down -0.0324 (-1.63%). Crude oil and gasoline prices Friday posted moderate losses, with crude falling to a 2-week low. Signs of weak Chinese crude demand are weighing on oil prices. Also, Friday's...

The Independent UK

Moody's downgrades Mexican government's outlook to 'negative' over weakening of judiciary and debt

Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”

The Guardian - UK

Fossil fuel bosses get ‘red carpet’ at Cop29 despite concerns over influence

Revealed: more than 100 executives given special guest badges as activists challenge role of oil and gas firms at talks

The Guardian - US

Environmental groups alarmed as Doug Burgum picked for US interior secretary

Several groups say North Dakota governor will sacrifice public lands on the ‘altar of the fossil fuel industry’s profits’

Latin Times

Texas Oil Field Ranked 'No. 1 Worst Polluting Site in the Entire World' in New UN Report

An oil field in Texas has been named the most pollutive site in the world at the United Nations climate talks in Baku, Azerbaijan.

Barchart

Crude Under Pressure from Dollar Strength and Weak Chinese Crude Demand

December WTI crude oil (CLZ24 ) today is down -0.20 (-0.29%), and December RBOB gasoline (RBZ24 ) is up +0.0076 (+0.38%). Crude oil and gasoline prices today are mixed. A stronger dollar today is negative for energy prices. Also, today's slump in equity markets curbs confidence in the economic outlook...

International Business Times

Gore Says 'Absurd' To Hold UN Climate Talks In Petrostates

US vice president Al Gore told AFP Friday it was "absurd" for petrostates such as Azerbaijan to host UN climate talks, saying the selection process should be overhauled.

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