Latest in Oil Climate
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Iran Races to Sell Oil Stored in China
Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the Middle East.The Wall Street Journal - 1d -
Los Angeles is on fire and big oil are the arsonists | Tzeporah Berman
Every barrel of oil, every cubic meter of gas, and every ton of coal burned brings us closer to environmental catastrophe. Apocalyptic flames and smoke are raging through southern California in ...The Guardian - 1d -
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Chris Riddell on Donald Trump pouring oil on to the climate crisis as Los Angeles burns – cartoon
The president-elect is obsessed with drilling for fossil fuels, not to mention taking control of Canada and Greenland and renaming the Gulf of Mexico. You can buy a copy of this cartoon ...The Guardian - 1d -
The California Wildfires Are the Latest Disaster Supercharged by Climate Change
Extreme weather events — deadly heat waves, floods, fires and hurricanes — are the consequences of a warming planet, scientists say.The New York Times - 1d -
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US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - 2d -
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...MarketWatch - 2d -
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Biden administration imposes toughest sanctions on Russian oil and gas
Measures targeting Russian energy sector attempt to leverage peace deal for Ukraine in Trump administration. The Biden administration on Friday imposed its broadest package of sanctions yet ...The Guardian - 2d -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - 2d -
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BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...The Hill - 3d -
Oil futures end higher, with Brent turning up for the week
Oil futures gained on Thursday, with global benchmark prices turning higher for the week and buoyed by optimism over the outlook for demand.MarketWatch - 3d -
Climate 'whiplash' linked to raging LA fires
Experts say that rising global temperatures are making wild fires more likely in California.BBC News - 3d -
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The Los Angeles wildfires are climate disasters compounded
Conditions for a January LA firestorm have not existed before now, writes a meteorologist and climate journalist. California wildfires – live Californians: have you been affected by the ...The Guardian - 3d -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - 3d -
What is Biden's legacy on climate change?
Officials on Wednesday afternoon briefed President Biden about the massive wildfires in Southern California fueled by climate change. Slashing Mr. Biden's climate regulations is at the top of ...CBS News - 4d -
Alaska sues Biden administration over restrictions on arctic oil, gas development
The state of Alaska on Wednesday sued the Biden administration over restrictions the federal government imposed in December on oil and gas leases in the Arctic set for auction this week. The ...The Hill - 4d -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - 5d -
The solicitor general climate change briefs that didn’t bark
This failure exposes the weakness of the Biden administration’s position supporting the climate change plaintiffs.The Hill - 5d -
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Nigeria’s Seplat moves in to fill gap as foreign oil companies retreat
Buyer of ExxonMobil’s assets in the west African country wants to double production within six monthsFinancial Times - 5d -
Biden Bans New Oil and Gas Drilling Along Most U.S. Coasts
The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.The New York Times - 6d -
Dozens of marine mammals found dead after oil spill
An animal rescue group said 61 dead cetaceans - an order of aquatic mammals that includes whales and dolphins - had been recorded since the oil spill.CBS News - 6d -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - 6d -
Crimea officials declare emergency as oil spill reaches Sevastopol
Fuel oil spilled out of two storm-hit tankers three weeks ago in Kerch Strait.ABC News - Jan. 4 -
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‘Ironic’: climate-driven sea level rise will overwhelm major oil ports, study shows
Ports including in Saudi Arabia and the US projected to be seriously damaged by a metre of sea level rise. Rising sea levels driven by the climate crisis will overwhelm many of the world’s biggest ...The Guardian - Jan. 4 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
Transcript: Climate change is coming for your Bordeaux
Sonja Hutson talks to Will Schmitt and Susannah SavageFinancial Times - Jan. 3 -
Biden Expected to Permanently Ban Oil Drilling in Some Federal Waters
The move, expected as early as Monday, relies on a 70-year-old law that could make it difficult for the Trump administration to reverse it.The New York Times - Jan. 2 -
Morgan Stanley to exit global climate coalition
Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan ...The Hill - Jan. 2 -
The solicitor general’s misguided endorsement of state-driven climate lawsuits
U.S. Solicitor General Elizabeth Prelogar has urged the Supreme Court to allow climate lawsuits, such as one brought by Honolulu, to proceed under state tort law, despite past federal precedent and ...The Hill - Jan. 2 -