COP30 Funding Crisis: Paying for End of Oil and Gas
The critical funding gap for climate action takes centre stage at COP30. Wealthy nations must lead the transition away from fossil fuels. The time for action is now.
Category : Search result: oil tanker interception
Oil glut warning: 4 million barrel surplus forecast
The International Energy Agency forecasts a major oil surplus by 2026, revealing a growing imbalance between global supply and demand. Discover the implications for energy markets.
Lukoil asset fire sale ahead of US sanctions deadline
Russian oil company Lukoil faces forced divestment of international assets as US sanctions take effect November 21. Multiple countries considering nationalisation while Ukraine battles continue.
Trump grants Orbán special energy exemption
Donald Trump offers Viktor Orbán special exemption from Russian oil sanctions during White House meeting, undermining EU unity as Hungarian elections approach.
Libya loses $20bn in state-sanctioned fuel smuggling
Shocking report reveals how Libyan officials smuggled $20bn worth of fuel, funding Sudan's civil war. Demand international action and sanctions now.
Somali Pirates Attack Tanker with RPGs and Machine Guns
Heavily armed Somali pirates conducted a dramatic assault on a commercial tanker using machine guns and rocket-propelled grenades, marking a concerning resurgence of maritime piracy in the region.
Somali Pirates Storm Tanker in Major Attack
Heavily armed Somali pirates have stormed a commercial tanker off the coast of Somalia, firing machine guns and grenades in the first major hijacking attempt in years, raising alarm about resurgent maritime security threats.
Trump's Shutdown Crisis Over Venezuela Deal
Washington braces for potential government shutdown as Trump's controversial Venezuela oil agreement faces Senate backlash and bipartisan criticism over constitutional concerns.
Somali pirates attack tanker with machine guns and grenades
Heavily armed Somali pirates have launched a dramatic attack on a commercial tanker off the coast of Somalia, firing machine guns and grenades in a dangerous escalation of maritime security threats.
Bulgaria seizes Russian refinery in sanctions crackdown
In a significant escalation of economic pressure on Moscow, Bulgaria moves to nationalise a key Russian-owned oil refinery while Poland positions itself as Europe's new gas conduit from the US.
North Sea Oil & Gas Emergency: Production Plummets
Britain's North Sea oil and gas output faces catastrophic decline, threatening energy security and risking 180,000 jobs as industry leaders demand urgent government action.
Badenoch vs Starmer: UK Energy Policy Divide Widens
Cabinet minister Kemi Badenoch urges government to boost UK energy security through domestic oil and gas exploration, creating clear dividing lines with Labour's climate-focused agenda ahead of COP30.
Climate protesters convicted after judge bars climate facts
Three Just Stop Oil activists found guilty after landmark ruling prevents them from presenting climate science evidence to jury in London trial
BP profits plunge 70% as oil prices retreat
BP reports staggering 70% profit drop as oil prices retreat from Ukraine war peaks. Discover how the energy titan is navigating market turbulence while maintaining shareholder payouts.
OPEC Halts Oil Output Hikes as Prices Surge Above $84
OPEC+ halts planned oil output increases, sending crude prices soaring above $84. Meanwhile, UK manufacturing activity contracts for the 29th consecutive month amid ongoing economic pressures.
Just Stop Oil Activists Cleared in Stonehenge Trial
In a dramatic court verdict, two Just Stop Oil activists have been acquitted after defacing Stonehenge with orange powder paint. The controversial decision has sparked heated debate about protest rights versus heritage protection.
Stonehenge Activists: 'We Had No Choice'
Exclusive interview reveals the motivations behind the controversial Stonehenge protest as activists face potential prison sentences for their climate action demonstration.
Just Stop Oil Activists Cleared Over Stonehenge Protest
In a stunning legal verdict, three Just Stop Oil activists have been acquitted for their Stonehenge protest after arguing their actions were necessary to confront the climate emergency.
Shell profits smash £43bn on Brazil and Gulf production surge
Energy giant Shell reports staggering £43 billion profits as production hits unprecedented levels in Brazil and Gulf of Mexico operations, reshaping global energy markets.
Trump-Xi Trade Deal Sends Oil Prices Soaring
Global markets surge as Trump and Xi announce major trade breakthrough, sending oil prices skyrocketing and triggering a rally across London's FTSE 100.
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