Latest in Oil Giants Climate
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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 -
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 -
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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 -
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 -
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 -
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 - November 12 -
Cop29 live: oil bosses given red carpet treatment at climate summit
At least 123 oil and gas bosses and staff invited as ‘guests’ by Azerbaijani government and given host country badges, the Guardian has learned. According to an interesting piece in the Africa ...World - The Guardian - November 15 -
‘It’s really an honour’: people of oil-rich Azerbaijan welcome climate summit
Cop29 is taking place in a country whose economy has long been dependent on its oil reserves. Oil runs deep in Azerbaijan, the host country of this year’s UN climate summit. Just 30 minutes ...World - The Guardian - 5 days ago -
Maine Becomes the Latest State to Sue Oil Companies Over Climate Change
In a new lawsuit, the state’s attorney general claims oil companies deceived the public about fossil fuel products’ contributions to climate change.Top stories - The New York Times - 4 hours ago -
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 -
Spain’s apocalyptic floods show undeniable truths: the climate crisis is getting worse and Big Oil is killing us | Jonathan Watts
The devastating flooding should spur this month’s Cop29 climate conference to press for immediate action, not look away. Move on. Nothing to see here. Just another ordinary, everyday apocalypse.. ...World - The Guardian - November 2 -
A Climate Change
We explore Donald Trump’s climate agenda.Top stories - The New York Times - 2 days ago -
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 -
The Climate Election: The economy, explained
The economy remains one of the top concerns for voters just a week out from Election Day, but there's a major factor that experts say could cause significant harm to it: climate change. One study ...Top stories - CBS News - October 29 -
The Climate Election: Mining, explained
Viral claims in the wake of Hurricane Helene suggested that the government controlled the devastating storm to hit certain areas and that authorities were attempting to seize Chimney Rock, North ...Top stories - CBS News - October 30 -
The Climate Election: Transportation, explained
Transportation is a lifeline, but experts say it's aging, underfunded and unable to withstand more frequent and intense extreme weather events. And if changes aren't made quickly, the EPA says the ...Top stories - CBS News - October 31 -
Managing Climate Change
At the UN COP29 climate talks in Baku negotiators gear up to agree a new finance target. Plus: prospects for a carbon market framework; what Trump win means for Biden’s green bill; China’s ...World - Financial Times - November 11 -
Climate COP Out?
And, Adam speaks to Climate Change Committee Chief Executive Emma Pinchbeck.Top stories - BBC News - November 14 -
Climate COPs and the art of the deal
The Olympics of negotiations offer lessons for corporate lifeWorld - Financial Times - 3 days ago -
Climate multilateralism clings on, just
COP29 has produced a new global finance deal against considerable oddsBusiness - Financial Times - 3 days ago -
The climate cash that’s not going to come
Don’t believe COP promises or obsess about Trump palace politicsWorld - Financial Times - 2 days ago -
The Climate-Driven Diaspora Is Here
In 2025, extreme weather will drive more people from their homes. Governments have no plan. Where will they be welcome?Tech - Wired - Yesterday -
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 -
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
