Latest in Plans Share Oil
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‘Royalties for everyone’: Suriname president plans to share oil wealth
All Surinamese adults to receive payment from recently discovered oil and gas reserves – ‘no one will be left behind’. Suriname’s president has announced a program of “royalties for everyone” as ...World - The Guardian - 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 - November 3 -
Samsung Electronics Plans $7 Billion Share Buyback
The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.Business - The Wall Street Journal - November 15 -
Samsung shares rise on ‘desperate’ buyback plan
First repurchases in seven years are aimed at boosting stock and may help avoid margin call for founding familyWorld - Financial Times - November 18 -
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 -
Trump’s oil-drilling plans may pose a big problem for OPEC+
OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in global oil supplies next year — and as U.S. President-elect Donald Trump’s ...Business - MarketWatch - 3 days ago -
Lutnick and Bessent’s battle for Treasury secretary turns bitter as Trump expands field
Wall Street factions fight for top economic post in president-elect’s cabinetBusiness - Financial Times - November 19 -
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 -
Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans
The automaker posted disappointing second-quarter results and announced reductions in production and staff.Business - CNBC - November 8 -
Samsung shares climb more than 7% after surprise $7 billion buyback plan
The company last bought back shares in November 2017.Business - CNBC - November 18 -
Military officials reportedly discuss how to handle illegal orders from Trump – live
Pentagon officials discuss what to do if Trump were to attempt to deploy the military domestically, CNN reports. Nancy Pelosi says Biden’s delay in exiting race blew Democrats’ chances ...World - The Guardian - November 9 -
An Oil Painting Takes Wing
The jeweler Pierre Dubail’s abstract work has been set onto a jeweled butterfly brooch.Lifestyle - 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 -
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 -
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 - November 18 -
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 - November 18 -
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 - November 18 -
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 - November 21 -
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 - 3 days ago -
WATCH: Trump, Harris prepare for election night
ABC News contributor Cristina Tzintzún Ramirez and former RNC staff member Cassie Smedile talk about the candidates’ campaign strategies.Top stories - ABC News - November 5 -
3 states uphold abortion restrictions, 7 others protect abortion access
Measures that would have protected abortion rights at the state level are projected to fail in Florida, Nebraska and South Dakota.Top stories - ABC News - November 6 -
Sarah McBride will be the 1st openly trans member of Congress, ABC projects
Delaware State Sen. Sarah McBride has become the first openly transgender person to be elected to Congress, ABC News projects.Top stories - ABC News - November 5 -
WATCH: Trump: 'We overcame obstacles that nobody thought possible'
Former Pres. Trump addressed supporters on Election Night: “This was a movement like nobody’s ever seen before, and frankly, I believe this was the greatest political movement of all-time.”Top stories - ABC News - November 6 -
Biden congratulates Trump, invites him to meeting at White House
President Joe Biden spoke on the phone with former President Donald Trump on Wednesday and "congratulated him on his victory," the White House said in a statement.Top stories - ABC News - November 6
