Gas prices are lower, & will likely stay lower. Pres Biden perfectly timed the refilling of the Strategic Petroleum Res. Oil prices hit their lowest levels in months -boon to American markets & slowed US inflation even more.
In a surprise move, 8 producers led by KSA & RU laid out a detailed plan to gradually phase out 2.2M bpd of prod. cuts from Oct 2024 thru Sept 2025, meaning oil supply will start increasing in the fourth quarter of this year.
#Shell has lost a legal appeal in a South African🇿🇦 court that sought to overturn a judgment blocking an offshore #oil search opposed by environmental groups https://buff.ly/3V2Zwe2
Asked if #FossilFuel companies “should be held legally accountable for their contributions to climate change”, 62% of voters said yes, suggesting majority support for existing civil lawsuits against #oil companies https://buff.ly/3VapbSi
The world’s biggest oil🛢️ company says it can reach ‘net zero’ without producing less oil? 🤔 Carbon Tracker last Sept ranked Saudi Aramco’s climate goals the weakest among 25 publicly traded #oil & #gas co's https://buff.ly/3US8hrj
#Senate#Democrats opened an investigation on Thurs into #Trump’s meeting w/ #oil & #gas execs last month to determine whether Trump offered a “policies-for-money transaction” [#bribe ] when he asked for $1B for his 2024 campaign so he could retake the White House & delete #POTUS#Biden’s #climate#regulations.
You can't gulp down scalding hot coffee -- no matter how much of a hurry you're in, you have to either slowly sip and savor, or set the cup aside until it cools down.
Morning coffee is a welcoming opportunity to slowly sip and savor morning itself, to give ourselves a moment -- brief or prolonged -- to wake up, along with the day, calmly.
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Breaking up with oil and gas was always going to be difficult for the owner of the world’s largest sovereign wealth fund—valued at $1.4 trillion. North Sea oil and gas, which accounts for 14% of Norway’s GDP, 40% of exports, and employs 7% of its workforce, has made the country one of the richest in the world, by GDP per capita.
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'Woodcock’s entries in the Lords’ register of interests show he is paid to act as the chair of the Purpose Business Coalition, an organisation run by the PR and lobbying firm Crowne Associates, which counts the oil company #BP and the arms company #Leonardo among its clients.'
"Every Awful Thing Trump Has Promised to Do in a Second Term
The former president has pushed a slew of terrifying proposals, both publicly and privately, that he plans to unleash on America should he take down Biden"
#Exxon remains the largest US producer of #oil and #gas and the biggest emitter of CO2 among investor-owned companies. The Texas-based company also has the weakest #emissions-reduction targets among the world’s “oil supermajors,” according to Carbon Tracker https://buff.ly/4akfWo4
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"Due to the significant macroeconomic headwinds over the past 12 months, many of which we believe will continue to occur over the next 18 months and potentially beyond, we have decided to strategically pause our renewable diesel business and pivot to producing conventional fuels," Vertex CEO Benjamin Cowart said in a first quarter earnings statement.
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Join the vibrant energy sector with our acclaimed oil and gas courses in Kochi, Kerala. Enroll today to kickstart your career journey with Blitz Academy.
Oil and gas courses in kochi | Blitz Academy
Join the vibrant energy sector with our acclaimed oil and gas courses in Kochi, Kerala. Enroll today to kickstart your career journey with Blitz Academy.