Page 9 - Phase Out News Today

Find a breakdown of North American oil and gas rig count data complete with charts and graphs on Oilprice.com

New car prices in the US have skyrocketed over the past decade, with the average price now at $47,936 due to factors like enhanced features, changing consumer preferences, and supply chain issues.

The total number of active drilling rigs in the United States rose this week by 2, according to new data that Baker Hughes published on Friday.

Crude oil inventories in the United States rose this week by 1.837 million barrels for the week ending December 22

A transition away from fossil fuels finally found a global consensus in Dubai, but the UN climate conclave’s success depends on what gets implemented and whether rich countries help the rest.

The United Nations Climate Conference COP28, hosted in Dubai, concluded with a crucial agreement on the phasing out of fossil fuels, marking a significant stride towards addressing climate change. However, the conference, which went into overtime due to challenging negotiations, ended with concerns about the fragility of meeting the critical 1.5-degree warming target. This calls for urgent and substantial actions, particularly from major economies.

India News: With the fossil fuel "phase out" points missing in the new text of COP28, a few countries on Monday pushed for the idea of a "fossil fuel non-prolifer

As the COP28 climate summit nears its end, negotiators are working on an agreement to phase down fossil fuels and scale up financing.

Countries could include reducing the consumption and production of fossil fuels.

The COP28 climate jamboree in Dubai did not deviate much from the familiar playbook, which is not to say it lacked memorable moments – some dubious, some worthy of restrained applause