Latest in Oil Majors Face
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Japan plunged into political turmoil after voters punish ruling LDP
Coalition led by Prime Minister Shigeru Ishiba’s Liberal Democratic party loses parliamentary majorityBusiness - Financial Times - October 28 -
Mexico’s New President, Claudia Sheinbaum, Faces First Major Crisis
A confrontation between the judiciary and the governing party will test Claudia Sheinbaum’s leadership and offer a window into how she will wield power.World - The New York Times - November 1 -
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 -
Mexican fuel flows to Cuba as the island faces blackouts and the loss of Russian and Venezuelan oil
Mexico has sent nearly half a million barrels of crude oil and diesel in just a span of days, oil shipment data showsWorld - ABC News - October 31 -
China's leader makes rare visit to province facing Taiwan following major war exercises
China’s President Xi Jinping has made a rare visit to a province facing Taiwan, following military exercises mobilizing China’s navy, air force, missile force and land troops to simulate a blockade ...World - ABC News - October 16 -
Democrats face uphill fight for Senate majority as Republican flips West Virginia seat
Republican victories in Florida and West Virginia means Democrats need Ohio, Montana and a surprise win in Texas. US election 2024 – latest updates US election results 2024: live map and ...World - The Guardian - 3 days ago -
'This is major for me! This is massive!'
'This is major for me! This is massive!'Top stories - BBC News - October 18 -
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 - 3 days ago -
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.Business - MarketWatch - October 15 -
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 - 4 days ago -
Why major retailers are closing stores
Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...Top stories - CBS News - October 21 -
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 - 2 days ago -
Olive oil heartlands battle over the industry’s future
Mega farms are encroaching on a market long dominated by smallholders, as prices remain near record highsWorld - Financial Times - October 14 -
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyBusiness - Financial Times - October 14 -
Crude oil tumbles as Middle East fears recede
Demand from China weaker than expected, says International Energy AgencyBusiness - Financial Times - October 15 -
Woodside Narrows Oil, Gas Output Guidance
Woodside said its sales revenue totaled $3.68 billion in the third quarter, up 21% on the previous three months and driven partly by higher average LNG prices.Business - The Wall Street Journal - October 15 -
Allred backs oil in bid to take down Cruz
Welcome to The Hill's Sustainability newsletter {beacon} Sustainability Sustainability The Big Story Allred backs oil in bid to take down Cruz In Texas’ tight and acrimonious Senate race, there ...Politics - The Hill - October 16 -
US oil companies risk an unexpectedly large bill
Investor group alleges that US oil and gas groups are breaking the rules on corporate financial disclosureWorld - Financial Times - October 18 -
Oil prices end lower on progress toward Israel-Hamas cease-fire talks
Oil futures finished lower on Thursday, after comments from U.S. Secretary of State Antony Blinken suggesting progress toward Israel-Hamas cease-fire negotiations eased the risk of disruptions to ...Business - MarketWatch - October 24 -
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 - 4 days ago -
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 - 5 days ago -
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 - 5 days ago -
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 - 4 days ago -
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 - 4 days ago -
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 - 17 hours ago -
Senate majority at risk of falling out of reach for Democrats
Former President Trump's strength in the upper Midwest is putting Senate Democrats on defense, giving the GOP hopes it can not only win the Senate majority but grow it beyond a seat or two. ...Politics - The Hill - October 15 -
'Exhilarating and terrifying': Inside the summer of the high-major rebuild
Arkansas, Kentucky, Michigan, USC, Louisville and DePaul began the offseason with new coaches -- and virtually no rosters. Here's how they retooled.Sports - ESPN - October 17 -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Major outage leaves all of Cuba without power
A major power outage has left Cuba without power. The Ministry of Energy and Mines posted on the social platform X at 12:35 p.m. EDT Friday informing the public the National Electricity System ...Politics - The Hill - October 18 -
A Major Push to Protect Nature Is Happening Now
Delegates from around the world are meeting in Colombia in what is expected to be the biggest U.N. biodiversity conference in history.World - The New York Times - October 21 -
Moldovans back joining the EU by razor-thin majority
Final result sees ‘yes’ vote scrape ahead by 13,000 votes, narrowly avoiding shock setback for pro-western president. Moldovans have voted by a razor-thin majority in favour of joining the EU after ...World - The Guardian - October 21 -
DOD, FBI investigating suspected major intelligence leak
The Defense Department and the FBI are investigating what could be a significant intelligence breach about Israel's plans to strike Iran.Top stories - ABC News - October 22 -
HSBC divides into four businesses in major overhaul of operations
Chief executive Georges Elhedery also announces east-west split in effort to cut costs and navigate geopolitical tensions. Business live – latest news updates HSBC’s new chief executive, ...World - The Guardian - October 22