Latest in Wrecks Spilling Oil
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Chevron cuts capital budget for first time since Covid-19 oil crash
Supermajor’s move comes despite Donald Trump’s pledge to unleash new US fossil fuel surgeFinancial Times - Dec. 5 -
Oil prices little changed after OPEC+ delays production increase
OPEC+ is struggling to bring barrels back to the market with prices under pressure from soft China demand and strong U.S. production.CNBC - Dec. 5 -
Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - Dec. 5 -
OPEC Plus Postpones Plan to Increase Oil Output for Three Months
The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other countries to raise production.The New York Times - Dec. 5 -
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnate
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnateABC News - Dec. 5 -
Shell and Equinor to create Britain's largest independent oil and gas company in joint venture
Britain's Shell and Norway's Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company.CNBC - Dec. 5 -
OPEC+ members to delay oil production increases
This production cut was previously due to start being phased out in December.CNBC - Dec. 5 -
Shell and Equinor to combine UK offshore oil and gas assets
Companies say combination will play crucial role in securing energy supply for countryFinancial Times - Dec. 5 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Oil delivery to the Czech Republic from Russia through the Druhzba pipeline is interrupted
Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interruptedABC News - Dec. 4 -
Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.The Wall Street Journal - Dec. 4 -
Norway Oil Fund Divests of Israel's Bezeq Over Services to West Bank Settlements
Norway’s $1.8 trillion sovereign wealth fund said it decided to exclude Israeli telecommunications company Bezeq from the fund over concerns the company could be contributing to human-rights ...The Wall Street Journal - Dec. 4 -
Oil sees biggest daily gain in 2 weeks on bets OPEC+ will extend production cuts
Oil futures settled higher Tuesday, scoring their largest one-day gains in about two weeks as some traders expect the Organization of the Petroleum Exporting Countries and its allies to further ...MarketWatch - Dec. 3 -
Trump reportedly jokes Canada could be 51st U.S. state if tariffs wreck economy
Trump outlined his plans to place 25% tariffs on all Canadian goods imported into the U.S., in a meeting with Trudeau at Mar-a-LagoMarketWatch - Dec. 3 -
Raw sewage spills push harmful bacteria beyond legal limits
Expert testing carried out for BBC Spotlight found harmful bacteria well in excess of legal limits.BBC News - Dec. 3 -
Welcome to the GSL T20 in Guyana where big oil, geopolitics and cricket collide | Jonathan Liew
T20 tournament has sprung up amid battle for oil and allies but do the cricketers actually know what is going on?. In 1899 an international tribunal controversially settled a border dispute between ...The Guardian - Dec. 3 -
U.S. oil prices log modest gains on upbeat China data, ahead of OPEC+ meeting
Global oil prices ended little changed Monday, while U.S. prices posted a modest gain as upbeat manufacturing data from China lifted prospects for energy demandMarketWatch - Dec. 2
