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Big Oil offers big returns but keeps spending tight: The West's energy giants are set to return a record $30 billion to investors after reporting bumper profits ...
reuters.com/business/energy/big-oil-offers-big-returns-keeps-spending-tight-2022-08-03/
Energy companies: UN chief calls for tax on excess profits of energy companies: Western oil multinationals made a profit of around $60 billion in the second ...
zeit.de/wirtschaft/unternehmen/2022-08/enegiekonzerne-aktionaere-gewinn
Oil and gas companies are making record profits, they spend some of that fighting climate change
houstonchronicle.com/business/columnists/tomlinson/article/Tomlinson-As-oil-and-gas-industry-s-profits-17346193.php
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Big Oil offers big returns but keeps spending tight: The West's energy giants are set to return a record $30 billion to investors after reporting bumper profits ...
reuters.com/business/energy/big-oil-offers-big-returns-keeps-spending-tight-2022-08-03/
Energy companies: UN chief calls for tax on excess profits of energy companies: Western oil multinationals made a profit of around $60 billion in the second ...
zeit.de/wirtschaft/unternehmen/2022-08/enegiekonzerne-aktionaere-gewinn
Oil and gas companies are making record profits, they spend some of that fighting climate change
houstonchronicle.com/business/columnists/tomlinson/article/Tomlinson-As-oil-and-gas-industry-s-profits-17346193.php
Exxon Signs Ammonia Accord, Presses Case for Hydrogen Tax Credit: Exxon Mobil Corp. pressed the case for hydrogen produced from natural gas to receive US tax ...
bloomberg.com/news/articles/2024-03-25/exxon-signs-ammonia-accord-presses-case-for-hydrogen-tax-credit
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Senegal’s New Leader Faye Plans to Revisit Oil Deals with BP, Kosmos: Newly elected Senegalese President Bassirou Diomaye Faye plans to revisit the contracts of ...
bloomberg.com/news/articles/2024-03-28/senegal-s-new-leader-faye-plans-to-revisit-oil-deals-with-bp-kosmos
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Decision time for the gas reserves off Crete: The geologists of ExxonMobil have begun the evaluation of the latest 3D data.
ekathimerini.com/economy/1234750/decision-time-for-the-gas-reserves-off-crete/
Seven lignite-fired units face final decommissioning: In order to reduce the consumption of natural gas during the energy crisis, lignite-fired power plants were ...
fr.de/wirtschaft/sieben-braunkohle-bloecke-stehen-vor-endgueltiger-stilllegung-zr-92910172.html
Exxon (XOM) CEO Goes on the Offensive as Wall Street Investors Sour on ESG: Oil heavyweight’s shares surge in a turnaround from pandemic-era losses
bloomberg.com/news/articles/2024-03-17/exxon-xom-ceo-goes-on-the-offensive-as-wall-street-investors-sour-on-esg
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Exxon Confident Its Intent in Writing Guyana Contract to Prevail: Exxon Mobil Corp. is convinced its interpretation of intent in a Guyanese oil contract signed a ...
bloomberg.com/news/articles/2024-03-22/exxon-confident-its-intent-in-writing-guyana-contract-to-prevail
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JERA, Exxon to explore development of hydrogen and ammonia production project in US
reuters.com/business/energy/jera-exxon-explore-development-hydrogen-ammonia-production-project-us-2024-03-25/
Twisted magnetic field observed around Milky Way's central black hole: Astronomers on Wednesday announced that they have detected a strong and organized magnetic ...
reuters.com/science/twisted-magnetic-field-observed-around-milky-ways-central-black-hole-2024-03-27/
Exxon Doesn't Want to Buy Hess Despite Chevron Arbitration: The boss of Exxon Mobil Corp. said Monday that it has no interest in buying Hess Corp. outright ...
bloomberg.com/news/articles/2024-03-18/exxon-says-no-interest-in-buying-hess-amid-chevron-dispute
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Chevron CEO Wirth Says Guyana Talks With Exxon, Cnooc Ended Abruptly (CVX, XOM): Chevron Corp.’s discussions with Exxon Mobil Corp. and China’s Cnooc Ltd ...
bloomberg.com/news/articles/2024-03-19/chevron-ceo-says-guyana-talks-with-exxon-ended-abruptly
Apple, Microsoft, Exxon: Cook & Co. fight for their place in China: The assembled business elite has come to Beijing. The leadership there is playing down the ...
faz.net/aktuell/wirtschaft/unternehmen/was-apple-chef-tim-cook-und-andere-wirtschaftslenker-jetzt-nach-china-treibt-19608908.html
British Museum shuts early after protest by pro-Palestine climate activists: Around 200 protesters took part in the demonstration, said Energy Embargo for ...
standard.co.uk/news/environment/british-museum-shuts-protest-palestine-bp-london-met-police-israel-b1147348.html
Sustainable aviation fuel costs must be lower, Exxon VP says: Costs are the main obstacle to increasing the use of sustainable aviation fuel (SAF) ...
reuters.com/sustainability/climate-energy/sustainable-aviation-fuel-costs-must-be-lower-exxon-vp-says-2024-03-22/
Exxon Mobil eyes 2 million bpd of output in the Permian by 2027: Exxon Mobil will bring its Permian basin output up to 2 million barrels per day by 2027 ...
reuters.com/markets/commodities/exxon-mobil-eyes-2-million-bpd-output-delaware-by-2027-2024-03-19/
ExxonMobil's CEO says fighting climate change shouldn't mean getting rid of oil: The emissions associated with the combustion' of oil is the problem
qz.com/exxon-ceo-carbon-capture-climate-change-1851348114
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BP plans to reduce German oil refinery's oil processing capacity -executive: BP plans to reduce the crude processing capacity of its Gelsenkirchen oil refinery ...
reuters.com/business/energy/ceraweek-bp-plans-reduce-german-oil-refinerys-oil-processing-capacity-executive-2024-03-20/
Trinidad in talks with US for BP gas project shared with Venezuela -minister: The government of Trinidad and Tobago has begun talks with the U.S ...
reuters.com/business/energy/ceraweek-trinidad-talks-with-us-bp-gas-project-shared-with-venezuela-min-2024-03-21/
How US oil production hit a record under Biden despite climate policies: How US oil production hit a record under Biden despite climate policies
reuters.com/graphics/USA-BIDEN/OIL/lgpdngrgkpo/
Ready for spring break travel? L.A. County gas prices top $5 a gallon: Higher crude oil prices and increased demand for fuel from spring break road trips have ...
latimes.com/california/story/2024-03-24/gas-prices-in-la-over-5-a-gallon
Quick Glance: Rising Gas Prices in California during Spring Break
- The surge in crude oil prices and the increased demand for fuel due to spring break have led to rising gas prices in California.
- Drivers in Los Angeles County are even experiencing higher prices, averaging $5.035.
- Moreover, California is set to transition to its summer gas blend, potentially costing 15 cents more per gallon than the current winter blend, as mentioned by Shupe.
- The national average for a gallon of gas stands at $3.533, as reported by AAA.
One Fifth of Applied Materials Shareholders Vote to Address the Pay Gap: Climate change, AI, elections, and unionization are themes in proxy season.
morningstar.com/sustainable-investing/one-five-applied-materials-shareholders-vote-address-pay-gap
One Fifth of Applied Materials Shareholders Vote to Address the Pay Gap: Climate change, AI, elections, and unionization are themes in proxy season.
morningstar.com/sustainable-investing/one-five-applied-materials-shareholders-vote-address-pay-gap
Exxon, Shell, Chevron Stake CO2 Storage Claims in Southeast Asia: After decades of burning carbon, Exxon, Shell and others are looking to lock down the rare ...
bloomberg.com/news/articles/2024-03-28/exxon-shell-chevron-stake-co2-storage-claims-in-southeast-asia
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Sinopec's 2023 net income falls 9.9% in 'complicated environment': China Petroleum & Chemical Corp , better known as Sinopec, reported a 9.9% decline in 2023 net ...
reuters.com/business/energy/sinopecs-2023-net-income-falls-99-complicated-environment-2024-03-24/
New image reveals magnetic field around Milky Way’s black hole: A new image of the black hole that lies at the center of our Milky Way galaxy shows that it is ...
nbcnews.com/science/space/image-black-hole-milky-way-magnetic-field-rcna145331
Credit Agricole says it will not fund two major LNG projects: Credit Agricole said on Monday that it would not provide financing to two major liquefied natural ...
reuters.com/business/finance/credit-agricole-says-it-will-not-fund-rovuma-lng-project-2024-03-25/
BP in talks with Venezuela and Trinidad governments to develop gas field: BP PLC and Venezuela confirmed on Thursday they are in talks with Trinidad and Tobago ...
reuters.com/business/energy/bp-talks-with-venezuela-trinidad-governments-develop-gas-field-2024-03-14/
Linden resident is ExxonMobil’s Big Red Bus Tour top winner - Guyana Chronicle: Ashley Singh (Region Three), Tulsidai Etwaroo (Region Four), and Dianna Dryden ...
guyanachronicle.com/2024/03/22/linden-resident-is-exxonmobils-big-red-bus-tour-top-winner/
BP: New boss Murray Auchincloss gets £8m pay packet in 2023: The new boss of BP was paid a little over £8m last year, the company revealed on Friday.
bbc.com/news/articles/cw0zj77e145o
Around 19 percent of food is wasted globally as 783 million people face chronic hunger, UN says
pbs.org/newshour/world/around-19-percent-of-food-is-wasted-globally-as-783-million-people-face-chronic-hunger-un-says
Ukraine will not extend contract with Russian gas company Gazprom: Herman Halushchenko, Minister of Energy of Ukraine, has confirmed that Kyiv will not extend ...
pravda.com.ua/eng/news/2024/03/17/7446884/
BYD to slash EV prices even more with new platform as it looks to crush ICE car sales
electrek.co/2024/03/11/byds-new-lower-cost-ev-platform-crush-gas-powered-car-sales/
Exxon Mobil's French refinery has honoured contracts after fire, company says: Exxon Mobil fulfilled from existing stock all its delivery contracts from its ...
reuters.com/business/energy/exxon-mobils-french-refinery-has-honoured-contracts-after-fire-company-says-2024-03-12/
Lower household electricity and gas tariffs from April to June: SINGAPORE: The household electricity and gas tariffs will decrease for the April to June period ...
channelnewsasia.com/singapore/lower-household-electricity-gas-tariffs-april-june-sp-group-4227326
Israel's NewMed says BP, ADNOC buy-in offer on hold: A $2 billion offer by Abu Dhabi's national oil company and BP to buy a 50% stake in Israeli gas producer ...
reuters.com/business/energy/israels-newmed-says-bp-adnoc-buy-in-offer-hold-2024-03-13/
Quick Glance: Israel's NewMed: BP, ADNOC Buy-In Offer Paused
- A $2 billion offer by Abu Dhabi's national oil company and BP to buy a 50% stake in Israeli gas producer NewMed has been put on hold due to uncertainty in the region.
- The offer, made a year ago by Britain's BP and ADNOC, aimed to form a joint venture that would provide them access to gas-rich areas in the Eastern Mediterranean and Israel's energy sector.
- A panel reviewing the offer for NewMed recommended raising the asking price by 10%, leading to the deal being suspended due to uncertainty in the region.
- NewMed is the largest stakeholder in the huge Leviathan offshore field, operated by Chevron, exporting gas to Egypt and Jordan. Regional conditions and geopolitical issues have made the process challenging, but there is hope for a successful completion once things calm down.
Oil market saw frenzy of hedge fund buying: Investors have purchased oil at the fastest rate for more than four years, amid optimism that Saudi Arabia and its ...
reuters.com/markets/commodities/oil-market-saw-frenzy-hedge-fund-buying-2024-03-25/
Why the Solar Eclipse Will Not Leave People Without Power: Grid managers say they are well prepared to handle a sharp drop in the energy produced by solar panels ...
nytimes.com/2024/03/27/business/energy-environment/solar-energy-grid-eclipse.html
BP, Adnoc Deal to Buy Stake in Israel’s NewMed Is Suspended - Bloomberg: BP Plc and Abu Dhabi National Oil Co.’s bid to buy a 50% stake in NewMed Energy for $2 ...
bloomberg.com/news/articles/2024-03-13/bp-adnoc-deal-to-buy-stake-in-israel-s-newmed-is-suspended
Oil and gas execs are unhappy with Biden — but not eager for Trump’s return: The oil industry leans to the GOP, but many recall the trade tensions and ...
politico.com/news/2024/03/23/oil-gas-execs-unhappy-biden-trump-00148597
Biden Administration Announces Rules Aimed at Expanding Electric Vehicles: The regulations are not a ban but would require automakers to sell more electric ...
nytimes.com/2024/03/20/climate/biden-phase-out-gas-cars.html
More wind energy could be on the way off Louisiana's coast. Here's the plan.: Developing wind energy is key to reducing greenhouse gas emissions ...
theadvocate.com/baton_rouge/news/environment/more-wind-energy-could-be-on-the-way-off-louisianas-coast/article_81524f9c-4cb7-5bf4-8a9c-ebadd5d5c3ad.html
US: Man divorced after making millions from eavesdropping wife's work calls
wionews.com/trending/us-man-divorced-after-making-millions-from-eavesdropping-wifes-work-calls-693167
Hubble captures the dramatic jets of a baby star: A new image from the Hubble Space Telescope shows the drama that unfolds as a new star is born.
digitaltrends.com/space/hubble-fs-tau/
Big Oil’s green-bashing stokes backlash as campaigners hit out at 'talking points from the 1970s'
cnbc.com/2024/03/20/big-oils-green-bashing-at-texas-energy-conference-stokes-backlash.html
ExxonMobil contains, will monitor oil spill at Houston park: An oil spill that occurred this week in Sylvan Rodriguez Park in Clear Lake has been contained and ...
houstonchronicle.com/neighborhood/bayarea/article/oil-spill-houston-park-19371771.php
U.S. clamps down on oil and gas firms releasing potent greenhouse gas: The Bureau of Land Management finalized a rule limiting releases of methane ...
washingtonpost.com/climate-environment/2024/03/27/methane-waste-prevention-rule/
Twelve workers killed in Pakistan coal mine explosion: Unions point to hazardous working conditions as major cause of accidents in resource-rich Balochistan ...
aljazeera.com/news/2024/3/20/twelve-workers-killed-in-pakistan-coal-mine-explosion
Gazipur gas cylinder fire: 22-yr-old dies, death toll now 13: Another person who was injured in the gas cylinder fire in Gazipur on March 13 died today at the ...
thedailystar.net/news/bangladesh/accidents-fires/news/gazipur-gas-cylinder-fire-22-yr-old-dies-death-toll-now-13-3570731
Energy minister: 'Moldova can’t be blackmailed any more': Russia and Transnistria have lost their instruments of blackmail, Moldovan Energy Minister Victor ...
dw.com/en/energy-minister-moldova-cant-be-blackmailed-any-more/a-68647761
Another top manager in Russia's oil and gas sector found dead: Vitaly Robertus, 54, Vice President of the Russian oil and gas firm Lukoil, has been found dead ...
pravda.com.ua/eng/news/2024/03/13/7446342/
Biden administration commits $6B to cut emissions from high-carbon industries: The Biden administration is committing $6 billion toward cutting planet-warming ...
thehill.com/policy/energy-environment/4554256-biden-administration-commits-6b-to-cut-emissions-from-high-carbon-industries/
The surprising reasons why Big Oil may not want a second Trump term: Some of the world’s biggest oil and gas companies are not as excited about a possible Trump ...
washingtonpost.com/climate-environment/2024/03/26/big-oil-trump-2024/
Deadly China restaurant blast rocks city near Beijing: A deadly suspected gas explosion ripped through a residential neighborhood in northern China on Wednesday ...
cnn.com/2024/03/13/china/china-hebei-restaurant-gas-explosion-intl-hnk/
Exxon CEO Says Hydrogen Project at Risk Without IRA Tax Credits: Exxon Mobil Corp. won’t move forward with one of the world’s largest, low-carbon hydrogen ...
bloomberg.com/news/articles/2024-03-18/exxon-ceo-says-hydrogen-project-at-risk-without-ira-tax-credits
Gazipur fire: Death toll now 16 as another dies: Another person who was injured in the Gazipur gas cylinder fire on March 13 died at the Sheikh Hasina National ...
thedailystar.net/news/bangladesh/accidents-fires/news/gazipur-fire-death-toll-now-16-another-dies-3573756
Oil and gas companies emit more climate-warming methane than EPA reports: Oil and gas drillers are releasing more climate-warming methane than the government ...
npr.org/2024/03/13/1237962030/climate-emissions-methane
Quick Glance: Oil and Gas Industry Emitting Significantly Higher Methane Levels Than Reported
- A new study reveals that the oil and gas industry emits about three times the amount of climate-warming methane than government estimates show.
- Researchers used airplanes to collect nearly one million measurements of methane emissions from six domestic oil and gas production areas.
- The study found that the industry releases an average of 2.95% of the gas it produces as methane into the air, almost three times the EPA estimates.
- Despite declining methane emissions in the US, more efforts are needed to achieve global climate goals, including reducing methane emissions from the energy sector.
Fill up your gas tank and prepare to wait. Some tips to prepare for April's total solar eclipse
ctvnews.ca/lifestyle/fill-up-your-gas-tank-and-prepare-to-wait-some-tips-to-prepare-for-april-s-total-solar-eclipse-1.6819463
Solar power production booms on Texas grid: Texas is now the No. 1 producer of solar power in the country. The clean energy source provides cheap electricity ...
dallasnews.com/news/politics/2024/03/18/texas-now-leads-the-nation-in-solar-energy-what-that-means-for-the-grid/
Inflation data from CPI report shows sharper price gains: What it means for Fed rate cuts.
usatoday.com/story/money/2024/03/12/cpi-report-march-2024-inflation-data/72934243007/
Quick Glance: Inflation Decline and Consumer Impact
- Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.
- In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.
- The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.
- Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
Natural gas exports have lax oversight that experts say could lead to a devastating explosion. It’s happened before
cnn.com/2024/03/20/climate/natural-gas-export-vapor-cloud-explosion/
Video: Russian gas pipeline explodes in huge fireball blast amid series of ‘Ukrainian strikes’
independent.co.uk/tv/news/russian-gas-pipeline-explosion-video-b2510173.html
China: Two dead and more than 20 injured in gas explosion at fried chicken shop: The force of the explosion sent a large orange fireball, followed by billows of ...
news.sky.com/story/china-two-dead-and-more-than-20-injured-in-gas-explosion-at-fried-chicken-shop-13093717
Everyone urged to read meters on Easter Sunday to avoid higher bills: You should take a few minutes away from the celebration to make sure you don't get ...
walesonline.co.uk/news/uk-news/everyone-urged-read-meters-easter-28896462
More than 1 billion meals were wasted per day in 2022, according to new UN report
abcnews.go.com/US/1-billion-meals-wasted-day-2022-new-report/story
East Texas carbon storage eyed by Exxon, Oxy, more: Chevron, Exxon, Oxy, others converging in East Texas because of its favorable geology ...
houstonchronicle.com/business/energy/article/carbon-storage-east-texas-18676152.php
Texan bitcoiners start mining in Argentina, where peso is in freefall: Texan bitcoin miner Giga Energy has opened a site in Argentina, a country that has ...
cnbc.com/2024/03/26/texan-bitcoin-miner-giga-partners-with-phoenix-global-in-argentina.html
Heating with gas will be more expensive again from April: How much money it will cost you
mittelbayerische.de/nachrichten/politik/heizen-mit-gas-wird-ab-april-wieder-teurer-wie-viel-geld-sie-das-kostet-15733014
UK electricity and gas prices cap verdict is truly bizarre: 'The ruling Conservatives could through immediate bold action have done far more to mitigate the ...
heraldscotland.com/opinion/24213094.uk-electricity-gas-prices-cap-verdict-truly-bizarre/
Lower Saxony: Strongest earthquake in the last ten years: The earthquake in Syke had a magnitude of 3.6. (archive image)
braunschweiger-zeitung.de/niedersachsen/article241969828/Niedersachsen-Staerkstes-Erdbeben-der-letzten-zehn-Jahre.html
US says doesn’t support Pakistan-Iran gas project going forward, warns of sanctions
english.alarabiya.net/News/world/2024/03/27/US-says-doesn-t-support-Pakistan-Iran-gas-project-going-forward-warns-of-sanctions
2025 Hyundai Tucson First Look: Small Revisions for a Small SUV : A tougher-lookin' XRT off-road-themed model, new screens, and more.
motortrend.com/news/2025-hyundai-tucson-first-look-review/
Exxon, Aramco, Shell shift blame for climate change to public: Public and the poor are to blame for the climate crisis, fossil fuel industry argues
houstonchronicle.com/business/columnists/tomlinson/article/oil-climate-change-cera-exxon-aramco-shell-19022260.php
Ukraine Tries to Reassure Gas Traders Its Storage Sites Are Safe: Ukraine is seeking to reassure European natural gas traders that it’s still safe to store the ...
bloomberg.com/news/articles/2024-03-27/ukraine-tries-to-reassure-gas-traders-its-storage-sites-are-safe
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UK greenhouse gas emissions fall to new low as high energy prices see households cut back
news.stv.tv/world/uk-greenhouse-gas-emissions-fall-to-new-low-as-high-energy-prices-see-households-cut-back
Everything that changes in Austria in April 2024: From cheaper energy bills for some customers to more expensive cigarettes and changes in the transport sector ...
thelocal.at/20240325/everything-that-changes-in-austria-in-april-2024
Experts slash economic growth forecast for 'ailing' Germany : Five of Germany's economic research institutes slash Germany's GDP outlook ...
euronews.com/business/2024/03/27/experts-slash-economic-growth-for-germany
Martin Lewis names 3 energy tariffs he would consider switching to: The Energy Price Cap set by Ofgem will come down in April, meaning a drop in gas and ...
derbytelegraph.co.uk/news/cost-of-living/martin-lewis-names-three-energy-9188856
The Zombies of the U.S. Tax Code: Why Fossil Fuels Subsidies Seem Impossible to Kill
nyti.ms/43mm117
Australia Export Revenue From Resources Is Forecasted to Tumble as Prices Fall: Australia’s export revenue from its crucial resources sector that includes iron ...
bloomberg.com/news/articles/2024-03-27/australian-resources-revenue-forecast-to-slump-in-hit-to-coffers
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Egypt Mulls LNG Imports to Avoid Shortages During Summer Heat: Egypt is looking at buying liquefied natural gas to stave off fuel shortages this summer ...
bloomberg.com/news/articles/2024-03-28/egypt-mulls-lng-imports-to-avoid-shortages-during-summer-heat
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What to expect if you’re expecting a plug-in hybrid: Official estimates may oversell the vehicles. Here’s what you should know if you’re considering one.
technologyreview.com/2024/03/28/1090243/plugin-hybrid-guide/
Canada Economy on Track to Beat First-Quarter Forecasts: The Canadian economy still has some gas left in the tank, with robust gains in the first two months of ...
bloomberg.com/news/articles/2024-03-28/canada-economy-on-track-to-beat-first-quarter-forecasts
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