Shale Turns Up Heat on OPEC as Big Oil Opens Its US Taps
US shale producers are turning up the heat on OPEC again — but this time the cartel’s adversaries aren’t a bunch of ...
E&E2d
Big oil update: LNG demand surges, Exxon expands carbon capture
In earnings calls last week, major oil and gas companies said liquefied natural gas is boosting their financial bottom lines.
Crude Oil Prices1d
OPEC+ Delays Cut Rollback as Big Oil Production Hits Highs
As Big Oil has been boosting production, it has been adding to global supply and frustrating OPEC+’s efforts to control oil ...
Big Oil Chiefs See Middle East Conflict and China as Top Concerns
Escalating tensions in the Middle East and US relations with China pose the greatest concerns for Big Oil, according to some ...
The Financial Times1d
Big Oil’s dirty legacy in Nigeria
Oil oozes out if a foot is dipped gently into the supposedly ... For comparison, Nigeria produced 1.3mn barrels per day of crude in September, according to Opec data. “It is a big monster that is ...
ZNetwork on MSN1d
Who Pays for Climate Damages? Making Big Oil Pay Is Most Popular Policy Option, Research Finds
Making the oil and gas industry pay for climate impacts is ranked as the favoured policy choice, according to a survey ...
Big Oil’s subsidy surrender
According to recent reports, several U.S.-based international oil giants are lobbying former President Donald Trump to keep ...
Crude Oil Prices5d
Big Oil Needs to Borrow to Cover Dividends and Share Buybacks
The need to borrow in order to cover buybacks isn’t necessarily a problem for US oil majors whose debt-to-capital ratios are ...
There’s a mind-bending Soviet-era oil rig city ‘floating’ on the planet’s largest lake
Neft Daşları, meaning “Oil Rocks,” was the world’s first oil-drilling platform. In recent decades, its population has dwindled, while sections have fallen into disrepair and been claimed by the sea.
Drill, baby, drill? Former big oil exec says that’s exactly what the industry doesn’t need.
Marianne Kah spent 25 years as chief economist at ConocoPhillips, where she developed market forecasts and led scenario ...
ConsumerAffairs1h
Trump's election likely to bring big changes to energy, environmental policy
The Trump victory in the Presidential election is likely to bring big changes to U.S. energy and environmental policies, ...