Latest in Oil Giants
Sort by
488 items
-
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 - 6 hours ago -
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.World - The Wall Street Journal - November 9 -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - October 29 -
Oil giant Shell posts $6 billion profit beat, launches new share buyback program
British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.Business - CNBC - October 31 -
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenuesWorld - ABC News - November 5 -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - November 5 -
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.Business - CNBC - November 5 -
Oil giant Shell wins appeal against landmark Dutch climate ruling to slash emissions
A Dutch court on Tuesday dismissed a landmark climate ruling against Shell, after the oil giant was ordered to sharply reduce its emissions back in 2021.Business - CNBC - November 12 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - November 4 -
Offshore oil is back. At what cost?
Years after one of the worst spills in history, companies in search of new discoveries are drilling even deeper into the seabedBusiness - Financial Times - November 18 -
Money from oil execs flows to Trump
{beacon} Energy & Environment Energy & Environment The Big Story Oil and gas tycoons open wallets for Trump The executives made significant contributions supporting former President Trump's ...Politics - The Hill - October 31 -
Exxon and Chevron Feel Brunt of Cheaper Oil
The oil giants posted lower third-quarter profits as energy prices sank and fuel-making margins narrowed.Business - The Wall Street Journal - November 1 -
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - November 4 -
Opec+ members delay planned rise in oil production
Cartel to leave output curbs in place an extra month in effort to boost anaemic crude pricesBusiness - Financial Times - November 3 -
Oil Jumps as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.World - The Wall Street Journal - November 4 -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - November 5 -
Explosion at Turkish oil refinery injures 12
An explosion at an oil refinery in northwestern Turkey has slightly injured 12 employees and a fire at the facility has been brought under controlWorld - ABC News - November 5 -
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 -
-
'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 -
-
Giants to stick with Banks, Jones amid struggles
After coming under fire again for questionable play, Giants CB Deonte Banks will start vs. the Commanders after being benched, while Daniel Jones will remain QB1.Sports - ESPN - October 29 -
WATCH: Cop 'attacked' by giant inflatable runaway pumpkin
A police officer in Ohio was “attacked” by a giant inflatable runaway pumpkin in the middle of the street while he was trying to clear it away from traffic, police said.Top stories - ABC News - October 31 -
Man to create giant GPS penis for mental health
Terry Rosoman previously struggled with mental health issues and says he wants to help other men.Top stories - BBC News - November 1 -
Sources: LHP Ray opts to remain with Giants
Giants left-hander Robbie Ray did not opt out of the remaining two years and $50 million on his contract, sources told ESPN.Sports - ESPN - November 2 -
Quincy Jones, Giant of American Music, Dies at 91
As a producer, he made the best-selling album of all time, Michael Jackson’s “Thriller.” He was also a prolific arranger and composer of film music.Top stories - The New York Times - November 5 -
The Daniel Jones era is done. It's time for the Giants to acknowledge it.
Another week, another game where New York's offense was trying to hide its quarterback, at least until falling behind by multiple scores. That says a lot.Sports - Yahoo Sports - November 3 -
Temu removes copies of tiny firm's cards after owner's complaint
A small business owner says identical versions of her products were copied without permission.Top stories - BBC News - November 6