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On the Banks of the Nile in Uganda, a Major-League Dream Begins
The East African nation might seem like a surprising place for baseball talent to blossom. But for Armstrong Muhoozi, it’s just the start of his journey.The New York Times - 5h -
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.CNBC - 7h -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 9h -
BP to cut 4,700 jobs and 3,000 contractor roles to help save £1.6bn
Oil company to lose 5% of its staff in effort to cut costs amid shareholder worries over green energy strategy. BP is to cut thousands of jobs from its global workforce, amounting to 5% of its ...The Guardian - 9h -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - 9h -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - 10h -
BP gave a bleak outlook. Now it’s reportedly slashing jobs.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.MarketWatch - 10h -
Has China already reached peak oil?
The country’s demand for crude seems to be plateauing sooner than expected. The implications are hugeFinancial Times - 17h -
The major takeaways from Biden's farewell address
President Biden gave his farewell address on Wednesday night. In it, he warned the U.S. about its future. CBS News political contributor Joel Payne, senior White House correspondent Weijia Jiang ...CBS News - 19h -
Wednesday Briefing: A Major U.S. Senate Hearing
Plus, mapping “The Lord of the Rings”The New York Times - 2d -
Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil
U.S. and global benchmark crude-oil prices settled Monday at their highest since August as investors focused on the potential supply hit from further tightening of U.S. sanctions on Russia’s oil ...MarketWatch - 3d -
Iran Races to Sell Oil Stored in China
Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the Middle East.The Wall Street Journal - 5d -
Los Angeles is on fire and big oil are the arsonists | Tzeporah Berman
Every barrel of oil, every cubic meter of gas, and every ton of coal burned brings us closer to environmental catastrophe. Apocalyptic flames and smoke are raging through southern California in ...The Guardian - 5d -
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US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - 5d -
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...MarketWatch - 6d -
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Biden administration imposes toughest sanctions on Russian oil and gas
Measures targeting Russian energy sector attempt to leverage peace deal for Ukraine in Trump administration. The Biden administration on Friday imposed its broadest package of sanctions yet ...The Guardian - 6d -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - 6d -
Oil futures end higher, with Brent turning up for the week
Oil futures gained on Thursday, with global benchmark prices turning higher for the week and buoyed by optimism over the outlook for demand.MarketWatch - Jan. 9 -
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Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Biden approves major disaster declaration for California wildfires
Multiple fires are burning in the Los Angeles area, forcing thousands to flee their homes and destroying hundreds of buildings. President Biden approved a major disaster declaration Wednesday ...CBS News - Jan. 8 -
Alaska sues Biden administration over restrictions on arctic oil, gas development
The state of Alaska on Wednesday sued the Biden administration over restrictions the federal government imposed in December on oil and gas leases in the Arctic set for auction this week. The ...The Hill - Jan. 8 -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - Jan. 7 -
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Nigeria’s Seplat moves in to fill gap as foreign oil companies retreat
Buyer of ExxonMobil’s assets in the west African country wants to double production within six monthsFinancial Times - Jan. 7 -
Biden Bans New Oil and Gas Drilling Along Most U.S. Coasts
The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.The New York Times - Jan. 6 -
Dozens of marine mammals found dead after oil spill
An animal rescue group said 61 dead cetaceans - an order of aquatic mammals that includes whales and dolphins - had been recorded since the oil spill.CBS News - Jan. 6 -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - Jan. 6 -
Full interview: Senate Majority Leader John Thune
Margaret Brennan spoke with Sen. John Thune (SD-R) in his first sit down interview as Senate Majority Leader. Watch Margaret Brennan's full interview with Sen. Thune here, a portion of which aired ...CBS News - Jan. 5 -
Crimea officials declare emergency as oil spill reaches Sevastopol
Fuel oil spilled out of two storm-hit tankers three weeks ago in Kerch Strait.ABC News - Jan. 4 -
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‘Ironic’: climate-driven sea level rise will overwhelm major oil ports, study shows
Ports including in Saudi Arabia and the US projected to be seriously damaged by a metre of sea level rise. Rising sea levels driven by the climate crisis will overwhelm many of the world’s biggest ...The Guardian - Jan. 4 -
Midwest, East to be hit by major winter storm
The first major winter storm of the season is expected to bring snow and ice from the Central Plains to the East Coast, along with bone-chilling temperatures. Rob Marciano has the latest.CBS News - Jan. 3 -
New Senate Majority Leader Thune: Speaker Johnson has 'really tough job' with slim majority
New Senate Majority Leader John Thune (R-S.D.) tells Kristen Welker he is confident he and Speaker Mike Johnson (R-La.) will have a “strong working relationship” and hopes the GOP-controlled ...NBC News - Jan. 3 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
Biden Expected to Permanently Ban Oil Drilling in Some Federal Waters
The move, expected as early as Monday, relies on a 70-year-old law that could make it difficult for the Trump administration to reverse it.The New York Times - Jan. 2
