IEA raises prediction for global oil demand in 2026
The agency pointed to an improving macroeconomic and trade outlook for the changing picture, as well as reduced crude flows from sanctions-hit Russia and Venezuela.
The agency pointed to an improving macroeconomic and trade outlook for the changing picture, as well as reduced crude flows from sanctions-hit Russia and Venezuela.
The Saudi giant is scaling up investment at home and abroad.
Manhattan’s air pollution has fallen by a fifth since the introduction of New York City’s congestion charge, research said.
This story was originally published by Canary Media and is reproduced here as part of the Climate Desk collaboration. David Stevenson stood in a circle of friends and colleagues in an Orlando, Florida, hotel lobby. Everyone but him wore a lapel pin that read “I ♥ Fossil Fuels.”  “You want one?” asked a conference attendee, offering me the […]
Drop Site Daily: December 11, 2025
Palestinians were battered with rain and freezing temperatures overnight as winter storm Byron hit the Gaza Strip. Soaked tents and makeshift shelters flooded, causing some mattresses to float and improvised roofs to blow away. An 8-month-old baby girl, Rahaf Abu Jazar, died from hypothermia. Moureen Kaki, an aid worker living in Gaza, says conditions at hospitals have not improved since the announcement of the so-called ceasefire. “It is not really a ceasefire,” she says. “It’s just a slower form of death.”
It's the latest sign of a pullback on decarbonization across most big oil companies.
While the LNG market has been tight for the past few years, many new export terminals will come online soon, pushing the market to oversupply by 2028.
Air conditioning is the most under-appreciated intervention, the McKinsey report says.