Latest in Trump’s Oil Drilling
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Spain’s apocalyptic floods show undeniable truths: the climate crisis is getting worse and Big Oil is killing us | Jonathan Watts
The devastating flooding should spur this month’s Cop29 climate conference to press for immediate action, not look away. Move on. Nothing to see here. Just another ordinary, everyday apocalypse.. ...World - The Guardian - November 2 -
Oil prices end at highest in a week after OPEC+ delays output hike by another month
Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...Business - MarketWatch - November 4 -
'Too much doom and gloom': OPEC chief is bullish on oil demand despite extended production cuts
The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.Business - CNBC - November 4 -
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenuesWorld - ABC News - November 5 -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - November 5 -
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.Business - CNBC - November 5 -
Saudi oil and betting firms? Women’s football must not lose its moral compass | Suzanne Wrack
Investment is needed to maintain growth but recent deals go against the values women’s game has worked hard on. Women’s football, the business, is on the rise. There will be ups and downs, ...World - The Guardian - November 5 -
Guyana citizens to receive £370 each in payouts from ‘mind-boggling’ oil wealth
Country has been enjoying historic growth in economy, which has tripled since it started crude oil extraction in 2019. Hundreds of thousands of Guyana citizens living at home and abroad will ...World - The Guardian - November 6 -
Top trader Vitol eyeing metals market as global oil demand set to peak in 10 years, CEO signals
In contrast to the eventual decline of the crude industry, metals business is going to witness a "great deal of growth," CEO Russell Hardy said.Business - CNBC - November 8 -
Oil giant Shell wins appeal against landmark Dutch climate ruling to slash emissions
A Dutch court on Tuesday dismissed a landmark climate ruling against Shell, after the oil giant was ordered to sharply reduce its emissions back in 2021.Business - CNBC - November 12 -
Big oil firms knew of dire effects of fossil fuels as early as 1950s, memos show
Newly unearthed documents contain warning from head of Air Pollution Foundation, founded in 1953 by oil interests. Major oil companies, including Shell and precursors to energy giants Chevron, ...World - The Guardian - November 12 -
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
Many market watchers predicted a bearish year ahead for crude.Business - CNBC - November 13