Oil

The EU’s energy crisis “is over” – but could it happen again?

With gas storage levels at over 70% full across Europe, the region’s energy supply is once again “safe and stable”,…

Exclusive: sky-high oil and gas M&A divides energy transition analysts

M&A deals in the upstream oil and gas sector soared in value in 2023, shows exclusive deals data from Energy…

Red Sea crisis to cause cross-sector disruption for “a few months at least”

With the US military yesterday (18 January) firing its fourth wave of missile strikes on Yemen in the space of…

Weekly data: at least 40% of North Sea oil and gas licences are owned by foreign investors – new research

Once again, North Sea oil and gas finds itself in the crosshairs of UK political discourse, with former Conservative Energy…

“17 hours” to save climate conference as UAE publishes new COP28 outcome

DUBAI - Activists, climate-vulnerable nations and climate diplomacy experts have decried a new draft of the COP28 Global Stocktake, published…

COP28: OPEC leaks put pressure on Al Jaber to secure a fossil fuel phase-out deal

As COP28 enters its final days, discussions around the inclusion of calls to "phase out" fossil fuels in the conference's…

EVs a bright spot at COP28 – but action needed in developing countries

DUBAI – Suspense over whether a “phase out of fossil fuels” will appear in the final COP28 cover text is…

Emirati oil casts an inescapable shadow over climate talks at COP28

DUBAI – For people in the climate world, the annual two-week extravaganza that is COP28 is a moment to see…

COP28 Day 3: US, UAE and China lead methane announcement blitz

On Saturday, during the third day of COP28, global leaders unveiled a raft of new announcements targeting methane at a…

Petrostates to lose $8trn of fossil-fuel income by 2040

COP28 host the United Arab Emirates (UAE) is among 28 petrostates that risk losing over half their revenues from fossil…