Latest in Oil Power
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Lots of oil but no power: how Iran ran low on energy
Rolling blackouts underscore impact of US sanctions, lack of investment and costly subsidiesBusiness - Financial Times - 11 hours ago -
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 -
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 - 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 - 5 days ago -
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 - 4 days ago -
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 - 4 days ago -
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 - 4 days ago -
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 - 3 days ago -
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 - 16 hours ago -
The A.I. Power Grab
Big tech companies say A.I. can help solve climate change, even as it’s driving up their emissions and raising doubts about their climate goals.Top stories - The New York Times - October 22 -
The Saudi factories powered by women
A surge in female labour force participation has emerged as a bright spot for the kingdomWorld - Financial Times - October 28 -
Stagecraft and the power of political photographs
With the invention of photography came a new way to view, mythologize and remember the nation's presidents. CBS News chief election & campaign correspondent Robert Costa talks with Washington Post ...Top stories - CBS News - November 3 -
The Incredible Power of Quantum Memory
Researchers are exploring new ways that quantum computers will be able to reveal the secrets of complex quantum systems.Tech - Wired - 6 days ago -
Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.Business - MarketWatch - October 18 -
Women footballers urge Fifa to end Saudi oil deal
More than 100 professional women's footballers sign an open letter urging Fifa to end a sponsorship deal with Saudi oil giant Aramco.Top stories - BBC News - October 21 -
Bipartisan House members call for tighter sanctions on oil field servicers in Russia
A bipartisan coalition of more than 50 congressional representatives called on the Biden administration to tighten sanctions on Russian oil and specifically address a major U.S. oil field ...Politics - The Hill - October 21 -
US oil industry wins reprieve to avert Gulf of Mexico shutdown
Court delays introduction of new protections for endangered species as activists bemoan ‘fear-mongering’Business - Financial Times - October 21 -
Oil scores back-to-back gains, but ‘bearish landscape’ remains
Oil futures scored a second straight session of gains on Tuesday to claw back some of steep losses suffered last week, with prices supported by some upbeat prospects for Chinese demand and ongoing ...Business - MarketWatch - October 22 -
Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.Business - The Wall Street Journal - October 24 -
Oil prices finish higher for the week as Middle East worries linger
Oil futures climbed Friday, contributing to a gain for the week, with lingering worries over the potential for a wider Middle East conflict helping to put a floor under crude prices.Business - MarketWatch - October 25
