What Does the Red Sea Crisis Mean for Oil Prices? Many energy and shipping firms have begun rerouting tankers, adding delays and extra costs to journeys that would put upward pressure on oil prices.
Oil Producers Back Climate Deal Despite Fossil Fuel Language At the United Nations climate conference, the final statement included elements that pleased oil and gas producers.
At COP28, an Oil Man Got a Deal on Quitting Oil Sultan Al Jaber, the energy executive in charge of U.N. climate talks, led delegates to a result that had eluded 27 earlier global warming meetings.
Tiny Electric Vehicles Pack a Bigger Climate Punch Than Cars Two- and three-wheeled vehicles, used by billions of people, are moving away from fossil fuels to batteries faster than cars in countries that have made the energy transition a priority.
Biden Administration Announces Rule to Cut Millions of Tons of Methane Emissions The measure, announced at the COP28 climate summit in Dubai, requires oil and gas producers to detect and fix leaks of the potent greenhouse gas.