Environment

In this article @LCO.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT An employee rides a bicycle next to oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Oil rose more than 3% on Wednesday as tensions mount in the Middle East and OPEC pledges to remain

A picture taken during an organised tour by Yemen’s Houthi rebels on November 22, 2023 showing the Galaxy Leader cargo ship approaching the port in the Red Sea off Yemen’s province of Hodeida. – | Afp | Getty Images Oil prices rose on Tuesday after Iran dispatched a warship to the Red Sea, as the

A driver pumps gas at a Sunoco gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023.  Al Drago | Bloomberg | Getty Images Oil prices are on pace to close out the year about 10% lower as bearish sentiment has overtaken the market due to worries that the market is oversupplied from record

An oil tanker anchored in the Red Sea off the coast of Yemen’s contested western province of Hodeida on July 15, 2023. Mohammed Huwais | Afp | Getty Images Oil prices traded mixed Tuesday as tankers shun the Red Sea on the back of heightened attacks by Iran-backed Houthi militants which have disrupted international shipping

TOPSHOT – Aerial view of the Essequibo region taken from Guyana on December 12, 2023. Venezuelan President Nicolas Maduro and his Guyanese counterpart, Irfaan Ali, will meet on December 14, 2023 in Saint Vincent and the Grenadines, on their countries’ growing dispute over the oil-rich region of Essequibo, amid mounting international warnings against escalating the

Dustin Josey makes his way across the gangplank as he leaves Shell’s Vito platform as workers continue construction on the project at the Kiewit Offshore Services complex Wednesday, April 6, 2022 in Ingleside. (Photo by Brett Coomer/Houston Chronicle via Getty Images) Brett Coomer | Houston Chronicle | Hearst Newspapers | Getty Images Oil prices rose

A vehicle refuels at a Shell gas station in Hyattsville, MD, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Images Gas prices in the U.S. have fallen to the cheapest level of the year just as consumers prepare for the busy holiday shopping and travel season, according to data from the

In this article WDS-AU Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg/Contributor | Bloomberg | Getty Images Shares of Australia’s Santos jumped to a five-week high on Friday on news the company is in talks to merge with Woodside Energy. Santos and Woodside Energy, two of Australia’s largest oil and gas producers, have opened talks to

DUBAI, United Arab Emirates —The chief executive of UAE-based energy firm Crescent Petroleum on Tuesday claimed that blaming the oil and gas industry for the climate crisis “is like blaming farmers for obesity.” His comments come at the mid-point of the U.N.’s biggest and most important annual climate conference, with many at the COP28 talks

China’s current emissions reduction targets are not as strong as they need to be, U.S. Deputy Secretary for Energy David Turk said Monday. “I think every country needs to take a look at what it’s doing, especially in its implementation phase,” Turk told CNBC’s Steve Sedgwick at the COP28 summit. “I’ve looked at the numbers for

A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. Mike Hewitt | Getty Images Sport | Getty Images LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in the football club, Sky News

In this article @CL.1 @LCO.1 Follow your favorite stocksCREATE FREE ACCOUNT Processing towers stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., in Tuapse, Russia, on Monday, March 23, 2020. Andrey Rudakov | Bloomberg | Getty Images Oil prices are expected to rise in the new year after some OPEC+ oil producers voluntarily pledged

On Sept. 27, 2023, the President of Brazil, Luiz Inacio Lula da Silva, will take part in a ceremony at the Planalto Palace to sign the concession contracts resulting from the 1st Transmission Auction of 2023. Nurphoto | Nurphoto | Getty Images Brazil will join the influential OPEC+ oil coalition that unites some of the

The logo of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, on Thursday, July 6, 2023. Bloomberg | Bloomberg | Getty Images The influential Organization of the Petroleum Exporting Countries coalition and its allies, collectively known as OPEC+, on Thursday opted against formally deepening production cuts, while de-facto leader Saudi Arabia extended

In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT The Air Traffic Control tower is seen at the Miami International Airport on September 25, 2023 in Miami, Florida. Joe Raedle | Getty Images American Airlines aims to remove carbon from the atmosphere by working with a startup that stores bricks of plant material underground.

The Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July 24, 2023. Bloomberg | Bloomberg | Getty Images The oil and gas industry needs to let go of the “illusion” that carbon capture technology is a solution to climate change and

Opec logo displayed on a smart phone with Opec seen in the background, in this photo illustration. On 10 September 2023. In Brussels, Belgium. (Photo illustration by Jonathan Raa/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Meetings of the influential Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+,

Binance’s Co-founder and CEO Changpeng Zhao speaks during the 2022 Web Summit in Lisbon, Portugal, on November 1, 2022. Nurphoto | Getty Images Binance’s VIP users were granted a set of special privileges, including an early heads-up from the crypto exchange if they were under investigation by law enforcement, according to the U.S. Treasury’s Financial Crimes

Gas prices at a Chevron gas station in Newhall, CA. Monday, September 18, 2023. The average price of a gallon of regular gas in Los Angeles County rose 4.8 cents today to $5.915, a day after increasing 13.6 cents. The average price has risen 52 times in the last 57 days, increasing 94.3 cents, according

An aerial view of Funafuti, Tuvalu, from 2019. Tuvalu’s Department of Foreign Affairs describes climate change as “one of the most existential security risks currently threatening” the country. Mario Tama | Getty Images News | Getty Images Australia and the South Pacific island nation of Tuvalu are to forge closer ties thanks to a new