Latest in Oil Gas Industry
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Trump picks oil and gas industry CEO Chris Wright as next energy secretary
Oilfield services exec denies climate crisis and is expected to support Trump’s plan to maximize oil and gas production. Donald Trump said on Saturday that Chris Wright, an oil and gas industry ...World - The Guardian - 6 hours ago -
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 - 4 days ago -
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 - 5 days ago -
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 - 4 days ago -
European gas industry abandons deal to retrain workers for low carbon economy
Commission-backed agreement between industry and unions was meant to help with job protectionWorld - Financial Times - October 27 -
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 -
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 -
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 -
The UAE opens its annual oil-and-gas summit, pledging to increase output
The United Arab Emirates has opened its annual oil-and-gas summit as it plans to increase energy output even as global prices have fallenWorld - ABC News - November 4 -
Canada Announces Carbon Emission Caps for Oil and Gas Sectors
The Trudeau government has focused on the oil and gas production industries because the large amounts of energy they use make them the country’s largest source of greenhouse gases.World - The New York Times - November 4 -
Canada Sets Preliminary Rules for Oil-and-Gas Carbon-Emissions Cap
The cap on energy-sector emissions is a longstanding promise from Canada’s Liberal government. The Business Council of Canada said the cap would pose a headwind for an economy struggling to record ...Business - The Wall Street Journal - November 4 -
Trump expected to roll back environmental protections, boost oil and gas
Former President Trump’s electoral victory will likely mean a significant shift in U.S. energy and environmental policy. His return to the White House next year is expected to lead to a rollback of ...Politics - The Hill - November 6 -
Colombia battles to diversify economy away from oil and gas
President Petro has pledged to end investment in fossil fuels but critics say the transition to clean energy is too abruptWorld - Financial Times - 6 days ago -
UK made legal error in granting oil and gas licences, companies will admit
Rosebank and Jackdaw projects to be scrutinised in key case for future offshore fossil fuel projectsBusiness - Financial Times - 5 days ago -
Trump energy allies anticipate boom times for oil, gas, mining
Former President Trump’s election victory has sent a jolt of enthusiasm through the fossil fuel and mining industries as they anticipate a favorable regulatory environment under his incoming ...Politics - The Hill - 4 days ago -
EPA implements climate law’s methane fee for oil and gas companies
The Environmental Protection Agency (EPA) issued a final rule Tuesday that implements a charge for oil and gas companies that release too much of the planet-warming gas methane. The fee was passed ...Politics - The Hill - 4 days ago -
COP29 host Azerbaijan hits out at West in defense of oil and gas
The president of Azerbaijan, host of this year’s U.N. climate summit, lashed out at Western critics of his country’s oil and gas industry on Tuesday.Top stories - NBC News - 3 days ago -
US oil industry wins reprieve to avert Gulf of Mexico shutdown
Court delays introduction of new protections for endangered species as activists bemoan ‘fear-mongering’Business - Financial Times - October 21 -
Lammy seeks to repair Trump relationship after ‘Nazi’ jibe
UK foreign secretary offers congratulations to US president-elect six years after branding him a ‘sociopath’World - Financial Times - November 6 -
Bitcoin hits record above $75,000 as crypto industry celebrates Trump win
Republican presidential victor has vowed to end regulatory crackdown on cryptocurrency industryWorld - Financial Times - November 6 -
US oil industry eagerly awaits Donald Trump’s deregulatory push
Despite president-elect’s promises, production is unlikely to surge as Wall Street demands returns over growthBusiness - Financial Times - November 10 -
Meat, oil and pesticide industry lobbyists turned out in record numbers at Cop16
Questions raised over influence after 1,261 business and industry delegates registered for biodiversity summit in Colombia. . Record numbers of business representatives and lobbyists had access to ...World - The Guardian - 4 days ago -
Billy Bob Thornton takes on oil industry in new series, "Landman"
Billy Bob Thornton stars in "Landman," a series crafted specifically for him by Taylor Sheridan.Top stories - CBS News - 2 days ago -
CEO Chris Wright named by Trump as energy secretary pick
President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy.Top stories - NBC News - 7 hours ago -
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Falling oil prices may help push gas below $3 a gallon for the first time since 2021
The intensity of oil’s drop Monday showed that many traders were not prepared for what has been described as a “limited” retaliatory attack by Israel against Iran that came nearly four weeks after ...Business - MarketWatch - October 28 -
Our lone oil-and-gas stock strikes 2 smart deals — plus, AMD sharpens its AI focus
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - 3 days ago -
Over 1,700 coal, oil and gas lobbyists granted access to Cop29, says report
Fossil fuel-linked lobbyists outnumber delegations of almost every country at climate talks in Baku, analysis finds. Cop summits ‘no longer fit for purpose’, say leading climate policy experts ...World - The Guardian - 2 days ago -
Venezuela arrests a former oil czar and accuses him of working with the US to undermine the industry
Venezuela’s top prosecutor has announced the arrest of a former oil minister and accused him of working with the U.S. government to undermine the industry that drives the country’s economyWorld - ABC News - October 21 -
Oil prices end lower with weekly U.S. crude supplies up by over 5 million barrels
Oil futures settled lower Wednesday as official U.S. data showed an unexpected weekly climb in domestic crude inventories, prompting prices to post their first loss in three sessions.Business - MarketWatch - October 23 -
Adnoc Gas Expects Earnings Boost From Rising Gas Demand
Adnoc Gas, one of the world’s biggest natural-gas producers, targets a jump in earnings by 2029 as it boosts supply to capitalize on growing demand for gas.Business - The Wall Street Journal - 5 days ago -
Does the EU have a strategy for gas?
One of the largest US LNG producers is pitching flexible contracts to help the bloc diversify its energy mixWorld - Financial Times - October 29 -
Trump’s mixed signals for gas market
Incoming administration’s policies might eventually lead to decrease in US LNG exports to EUWorld - Financial Times - 4 days ago -
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How this new car runs without gas or electricity
As climate change intensifies, the race for a more eco-friendly car has revved up. Itay Hod reports on the newest twist on travel.Top stories - CBS News - 2 hours ago -
Carbon removal industry calls on U.S. government for regulation in new industry report
The nascent industry for removing carbon dioxide directly from the air is calling on the U.S. government to adopt standards and regulations to boost confidence in the businessTech - ABC News - October 23 -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
The water industry is in crisis. Can it be fixed?
Simon Jack asks what reform of the troubled sector could mean for customers and their bills.Top stories - BBC News - October 25
