Latest in Oil Major
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How Russia’s energy minister plotted merger of country’s oil majors
Pitch by Sergei Tsivilev, a relative of Vladimir Putin, aimed to tighten oversight of Rosneft and nationalise LukoilWorld - Financial Times - November 13 -
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 -
Shell shares rise as oil major brushes off impacts of global refining slump
The British oil major beat forecasts in posting a 4% drop in its third-quarter profits to $6 billion in the face of a global slump in the market for refined products including diesel, jet fuel and ...Business - MarketWatch - October 31 -
Oil prices lifted by report Iran may be planning another major strike on Israel
Oil futures finished higher on Friday, finding support after a news report that Iran may be planning another major strike on Israel.Business - MarketWatch - November 1 -
A Singapore oil magnate faces prison in a major fraud case over financing trade
A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hubWorld - ABC News - 5 days ago -
Oil prices end higher following latest developments in Russia-Ukraine war
Crude futures settled a bit higher on Tuesday as traders tracked developments in the Russia-Ukraine war that looked to raise the risk of oil-supply disruptions from one of the world’s largest ...Business - MarketWatch - 3 days ago -
The problem with the term ‘global majority’
Endless searching for a label to describe ethnic minority groups is ultimately futileWorld - Financial Times - October 29 -
Republicans capture Senate majority
Republicans on Tuesday captured the Senate, Decision Desk HQ projects, ending their painful four-year stretch in the minority. The victories come as a welcome relief to Republican senators after ...Politics - The Hill - November 6 -
The silent majority rises
America was becoming polarized, and Republicans were able time and again to call upon their silent majority to deliver them victory.Politics - The Hill - November 11 -
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 -
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 - 5 days ago -
Will Democrats be able to claim the House majority?
With about 54 seats in the House yet to be called, Democrats are hopeful that they can claim the House majority by winning over swing districts in New York and California. In several battleground ...Top stories - NBC News - November 6 -
AstraZeneca embarks on major US expansion
UK’s largest drugmaker to invest $3.5bn by end of 2026 as it targets doubling of revenuesBusiness - Financial Times - November 12 -
Thune elected Senate majority leader
Sen. John Thune (R-S.D.) has been elected Senate majority leader, setting the stage for him to replace retiring Sen. Mitch McConnell (R-Ky.), who has held the top Senate GOP leadership job for the ...Politics - The Hill - November 13 -
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 -
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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 - 4 days ago -
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 - 4 days ago -
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 - 4 days ago -
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 - 2 days ago
