Latest in Oil Companies Increase
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Oil company Infinity Natural Resources debuts IPO amid deregulation push
Infinity Natural Resources Inc. priced its initial public offering above the midpoint of its range in a sign of a strong stock-market debut for the oil and gas producer, which operates in Ohio and ...MarketWatch - 3h -
Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.The New York Times - 5h -
New Orleans increasing security ahead of Super Bowl
Police in New Orleans are increasing security measures as the city gears up to host the upcoming Super Bowl nearly a month after a deadly New Year's Day terror attack. In a release Tuesday, the New ...The Hill - 2d -
United Utilities to increase water bills by 32%
Households supplied by United Utilities will typically see their annual bills rise by £86 from April.BBC News - 2d -
Soaring egg prices are expected to continue to increase this year
According to the CBS News price tracker, a dozen eggs cost $4.15 currently, compared to $2.51 a year ago, which is a 65% increase. The USDA says egg prices are predicted to increase 20% this year ...CBS News - 2d -
California bill would hold oil and gas companies liable for climate change-fueled damage
A bill introduced in California’s state Legislature would make fossil fuel companies legally liable for damages from climate change, similar to current law holding utilities liable for fires ...The Hill - 3d -
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.The New York Times - 4d -
Leicester stun Tottenham to increase pressure on Ange Postecoglou
Away from the mutinous chants pouring down from the south stand, the unmistakeable disgust with Daniel Levy and the gathering angst around Ange Postecoglou, it was possible to forget about ...The Guardian - 5d -
Trump Stocks E.P.A. With Oil, Gas and Chemical Lobbyists
Top political appointees are already at the E.P.A. preparing to erase the agency’s climate rules and pollution controls. Many of them have tried it before.The New York Times - 5d -
Ukraine claims drone strike on Russian oil refinery
Russia says it shot down more than 120 drones overnight, in what would be one of the largest attacks of the war.BBC News - 6d -
Chevron to Increase Output at Huge Oil Field in Kazakhstan
The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day.The New York Times - Jan. 24 -
ETFs increase efficiency of markets, new study shows
Academic findings on macro-market behaviour contradict widely accepted previous researchFinancial Times - Jan. 24 -
Trump urges oil-exporting nations to slash prices
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.BBC News - Jan. 23 -
Nepal sharply increases permit fee for Everest climbers
Nepal will increase the permit fees for climbing Mount Everest by more than 35%, making the world’s tallest peak more expensive for mountaineers for the first time in nearly a decade, officials said.NBC News - Jan. 23 -
Weather warning increased to amber ahead of Storm Éowyn
Storm Éowyn will bring severe gales to parts of the UK on Friday with widespread disruption likelyBBC News - Jan. 22 -
Top Companies for Customer Satisfaction
Iron Mountain leads this category in the Management Top 250, followed by Intel and BallThe Wall Street Journal - Jan. 22 -
Why are you being told to avoid seed oils?
Most claims about the dangers of seed oils tend to focus at least in part on inflammation — more specifically, that seed oils contain large amounts of omega-6s relative to omega-3s.NBC News - Jan. 22 -
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Is SLB an AI play? Oil company’s CEO makes the case as power demand swells.
The stock of SLB, the oil-services company formerly known as Schlumberger Ltd., rose 3% early Friday after the company posted better-than-expected earnings for the fourth quarter, driven by ...MarketWatch - Jan. 18 -
Biden’s overdue sanctions on Russian oil are a slap at Trump
Oil prices are rising, and you can thank Joe Biden.The Hill - Jan. 17 -
Cancer in women and young people is increasing, study finds
New data from the American Cancer Society shows overall cancer deaths are down but the number of women and young adults with cancer is up, according to a new study. CBS News' Michael George reports.CBS News - Jan. 16 -
Bessent says US should increase sanctions on Russian oil companies
Trump Treasury pick tells Senate panel he wants to ratchet up pressure on Putin regimeFinancial Times - Jan. 16 -
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports ...The Hill - Jan. 16 -
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.CNBC - Jan. 16 -
How wildfires increase financial risk for utility companies
As extreme blazes happen more frequently, the sector faces costly litigation and damages to infrastructureFinancial Times - Jan. 16 -
Has China already reached peak oil?
The country’s demand for crude seems to be plateauing sooner than expected. The implications are hugeFinancial Times - Jan. 16 -
Climate ‘whiplash’ events increasing exponentially around world
Global heating means atmosphere can drive both extreme droughts and floods with rapid switches. Climate “whiplash” between extremely wet and dry conditions, which spurred catastrophic fires in Los ...The Guardian - Jan. 15 -
Supreme Court allows Honolulu lawsuit against oil companies to proceed
The U.S. Supreme Court on Monday rejected a request by oil companies to dismiss a lawsuit by the city of Honolulu seeking to hold them responsible for the impacts of climate change. The defendants ...The Hill - Jan. 13 -
Iran Races to Sell Oil Stored in China
Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the Middle East.The Wall Street Journal - Jan. 11 -
US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - Jan. 11 -
Reward for capture of Venezuela's Maduro increased to $25 million
The increase to $25 million reflects "the gravity of his crimes and the continued threat he poses," a senior official said.CBS News - Jan. 10 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - Jan. 7 -
Oil companies pay record $5.6M settlement after FTC alleges illegal coordination
Three oil companies will pay a record penalty to settle allegations that they illegally coordinated before a merger between them was complete in 2021 and 2022, the federal government announced ...The Hill - Jan. 7 -
Nigeria’s Seplat moves in to fill gap as foreign oil companies retreat
Buyer of ExxonMobil’s assets in the west African country wants to double production within six monthsFinancial Times - Jan. 7 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - Jan. 6 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3