Latest in Oil Drilling Plans
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Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - November 8 -
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'Dying of thirst' as climate-driven floods mix with oil
With swathes of South Sudan submerged, a whistleblower warns water sources are being polluted by oil.Top stories - BBC News - November 11 -
Legal challenge to Rosebank oil field begins
Campaigners want to stop the Rosebank oil and Jackdaw gas fields, but oil companies say they are vital.Top stories - BBC News - November 12 -
How oil and gas companies disguise their methane emissions
FT analysis shows that firms regularly hide leakages of the deadly greenhouse gas — despite this being one of the easiest climate fixes there isBusiness - Financial Times - November 12 -
Oil and gas are a 'gift of god', says COP29 host
Azerbaijan's president said countries should not be blamed for having fossil fuel reserves.Top stories - BBC News - November 12 -
Government admits new oil field approved unlawfully
Climate campaigners are bringing a legal case they hope will halt drilling at two huge fossil fuel projects.Top stories - BBC News - November 13 -
Billions at stake in court battle over North Sea oil
Lawyers and campaigners have made their arguments before Lord Ericht in Edinburgh this week.Top stories - BBC News - November 16 -
Joe Biden’s overdue missile consent for Ukraine
Allies should provide Kyiv with all the aid they can ahead of the Trump presidencyBusiness - Financial Times - November 18 -
Starmer declines to rule out allowing Kyiv to use Storm Shadow missiles in Russia
UK premier under increasing scrutiny after Biden authorised deployment of US-supplied long-range weaponsBusiness - Financial Times - November 18 -
Chinese tech groups build AI teams in Silicon Valley
Alibaba, ByteDance and Meituan seek to poach top talent from US rivals despite Washington’s chip curbsBusiness - Financial Times - November 18 -
Bathing in Oil at a Climate Summit? It Leaves a Stain.
In Azerbaijan, site of the COP29 climate talks and a petrostate, people aren’t only proud of their oil. They swear by its health benefits and visit resorts to soak in it.World - The New York Times - 6 days ago -
Maine sues oil giants over climate change
Maine Attorney General Aaron Frey (D) this week announced a lawsuit against major oil companies and their top lobbying group, alleging they knowingly concealed the role of fossil fuels in climate ...Politics - The Hill - 5 hours ago -
Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities
Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...Business - MarketWatch - October 28 -
Trump’s Tax Plans
Three scenarios for how Republicans could approach cutting taxes next year.Top stories - The New York Times - November 15 -
Musk's plan to shrink the government
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Musk, Ramaswamy tee up mass layoffs, rule rollbacks under Trump Tech entrepreneurs Elon Musk and Vivek ...Politics - The Hill - 6 days ago -
Will Labour’s Plan For Work, Work?
And, COP29 climate talks end with criticised deal.Top stories - BBC News - 3 days ago -
Donald Trump’s Immigration Plans
We explore Trump’s mass deportation goals.Top stories - The New York Times - 7 hours ago -
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - October 29 -
Nigeria’s president summons Aliko Dangote over supplies to new oil refinery
Meeting on Tuesday is needed to release more crude for refinery, says industrialistWorld - Financial Times - October 29 -
Petrol and food prices will fall thanks to oil glut, says World Bank
Downward trend in oil price from higher production, falling demand in China and clean energy to continue. Business live – latest updates Petrol and food prices will fall over the next two ...World - The Guardian - October 29 -
BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas
The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.Business - The New York Times - October 29 -
U.S. crude oil edges lower after worst day in two years
Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.Business - CNBC - October 29 -
What the presidential election means for gold, oil, natural gas and other commodities
The U.S. election outcome isn’t likely to have a big impact on commodities such as energy, metals and grains in the short run, but oil and natural gas could be influenced in the years to come by ...Business - MarketWatch - October 31 -
China's Top Oil Companies Turn in Mixed Results Amid Weak Demand
State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.Business - The Wall Street Journal - October 29 -
OMV Misses Views as Weak Refining, Oil Trading Hit Results
The energy company’s third-quarter profit tumbled and missed expectations on lower refining margins and sales volumes from its oil-and-gas unit.Business - The Wall Street Journal - October 29 -
Oil prices edge down to finish at lowest in seven weeks
Oil futures declined on Tuesday, giving up earlier support a day after suffering their largest daily percentage decline in more than two years, with U.S. and global benchmark prices settling at ...Business - MarketWatch - October 29 -
Starbucks drops olive oil coffees as it shakes up menu
The announcement comes less than a week after the company reported falling global sales.Top stories - BBC News - October 30 -
Oil prices end higher on surprise fall in U.S. crude supply, rise in gasoline demand
Oil futures finished higher Wednesday, with official U.S. data showing a surprise decline in crude supplies in the latest week and strength in gasoline demand, prompting prices to post their first ...Business - MarketWatch - October 30 -
Starbucks will discontinue Oleato olive oil drinks at U.S. cafes in early November
New CEO Brian Niccol has pledged to simplify the Starbucks menu.Business - CNBC - October 30 -
Starbucks will discontinue Oleato olive oil drinks at U.S. cafes
Starbucks’ controversial line of olive oil-infused drinks will leave U.S. stores in early November.Top stories - NBC News - October 30 -
Trafigura warns of up to $1.1bn loss over Mongolian oil scandal
Commodity trader is taking action against a ‘small number’ of insiders involved in the alleged fraudBusiness - Financial Times - October 30 -
Oil bigwigs open wallets for Trump after billion-dollar request
Oil and gas tycoons made significant contributions to the Trump campaign after the former president asked the industry for $1 billion to support his reelection bid — and reportedly said it would be ...Politics - The Hill - October 31 -
Shell Earnings Beat Views as Gas Trading Offsets Low Oil Prices
Shell’s earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors’ results over the third quarter.Business - The Wall Street Journal - October 31