Focus on Oil
Concern as climate talks stalls on fossil fuels pledge
Countries clashed at COP29 over how to build on a landmark pledge at last year's climate talks to "transition away" from fossil fuels.
Countries urged to be ambitious in final push for UN plastic pollution treaty
UN talks in Busan, South Korea, aim for a bold global treaty on plastic pollution, but some nations push for weaker production curbs.
Finance deal remains elusive at COP29 as UN climate talks stretch into overtime
COP29 'torturous' talks stretch into overtime as countries struggle to break a climate finance deadlock.
Rich countries raise COP29 climate finance offer to $300B as developing nations fume
Wealthy nations at COP29 agree to raise their climate funding offer to $300 billion annually by 2035 for developing countries.
New U.S. sanctions probably spell end of EU energy payments through Russia’s Gazprombank
"EU payments for energy resources through Gazprombank will likely become impossible at the end of 2024," analysts say.
Trump energy pick wrote ESG report hailing oil, gas, downplaying climate worry
Chris Wright, President-elect Donald Trump's pick to lead the energy department, believes fossil fuels are the key to ending world poverty.
Indigenous leaders travel to UK from Peru to draw attention to oil damage and banking
In the last decade, there were 89 leaks from the Petroperu pipeline running through the Amazon Rainforest.
Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations
Phillips 66 indicted for Clean Water Act violations, accused of dumping oily wastewater from its Carson refinery into LA sewers.
Exxon Mobil pulls out of talks with Guyana over shallow water oil block
Exxon exits Guyana talks on shallow-water block S8, citing plans for carbon capture; Hess and CNOOC’s involvement remains unclear.
Indian PM Modi highlights interest in Guyana’s oil
India seeks oil from Guyana, citing rising energy needs, as the two nations sign agreements on energy, agriculture, and defense cooperation.
