The Oil In The North: A Hidden Environmental Cost
It was 2 a.m. one January morning in Dumbe, five kilometres from the Kolmani oil field in Nigeria’s North East. Nafisa had been enduring a…
US Debate Fallout Spurs Prison, Oil Stocks; Pot, Renewables Lag
Breadcrumb Trail LinksPMN BusinessEquities traders across multiple sectors are rearranging their positions in the aftermath of the much-anticipated presidential debate between President Joe Biden and…
Spain cuts sales tax on olive oil as shoppers baulk at rising prices
Spain is the world's leading producer and exporter of olive oil, but its cost for shoppers has risen dramatically because of inflation and a long-term…
Crude oil prices surge sparking concerns of raised inflation risk
Crude oil prices rose to a two-month high amid optimistic demand outlooks and a decline in US stockpiles, sparking concerns of a resurgence in inflation.…
In race to replace Romney, Utah weighs Trump loyalist vs. congressman
OREM, Utah — As he led a crowd of picnicking families in the “YMCA” dance, Trent Staggs gleefully waved a “Utah for Trump” flag at a…
Coup-hit Niger was betting on a China-backed oil pipeline as a lifeline. Then the troubles began
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated Press Chinedu AsaduPublished Jun 23, 2024 • 3 minute read You can save this article by registering…
Time for the Dodgers to stop taking Big Oil money
I’m pleased to report that Mark Walter, who owns the Los Angeles Dodgers, is financing two big clean energy projects. I’m less pleased to report…
Stonehenge covered in paint by Just Stop Oil protesters
Just nowBy Leigh Boobyer, BBC News, West of EnglandJust Stop OilThe move comes a day before Summer Solstice celebrations begin at the sitePart of Stonehenge has been…
Week in pictures: From protests in Argentina to an oil spill in Singapore
A roundup of some of last week’s events. Source link
Philippines files claim with United Nations to an extended continental shelf in South China Sea
In short: The Philippines has lodged a claim with the United Nations to an extended continental shelf in the South China Sea.A senior Philippine official…
Major Oil Surplus Seen This Decade as Demand Peaks, IEA Says
Breadcrumb Trail LinksPMN BusinessGlobal oil markets face a “major” surplus this decade as the shift away from fossil fuels causes demand to hit a plateau…
Supreme Court asks Justice Department to weigh in on climate change suits
WASHINGTON — The Supreme Court on Monday asked the Justice Department to weigh in on whether the climate change lawsuits filed by California and two dozen…
LNG Price Slump Speeds Shift Away From Oil for China’s Trucks
Breadcrumb Trail LinksPMN BusinessA slump in the price of natural gas and the prospect of a glut in the years ahead is spurring sales of…
Parnelli Jones, winner of 1963 Indianapolis 500, dies at 90
Parnelli Jones, a hard-bitten, hard-charging race driver who came out of Torrance and won the controversial Indianapolis 500 in 1963, then was the hard-luck loser…
Oil industry asks Supreme Court to block climate change suits
WASHINGTON — Oil and gas companies are asking the Supreme Court to block dozens of high-powered lawsuits from California to Massachusetts seeking to hold the industry…
Vermont law to require oil companies to pay for climate change damage
MONTPELIER, Vt. — Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by…
Papuans head to Indonesian court to protect forests from palm oil | Indigenous Rights News
Indigenous activists from the Indonesian province of West Papua have held traditional ceremonies outside the country’s Supreme Court in Jakarta calling for their traditional land…
Oil market braces for OPEC decisions as crude prices climb
Crude prices are experiencing upward pressure ahead of the upcoming OPEC+ policy meeting. However, the long-term outlook for oil markets remains uncertain due to the…
Markets watch oil prices amid uncertainty after Iranian president’s death
President Raisi was expected to succeed Iran's supreme leader Ayatollah Ali Khameini. He was once sanctioned by the US for the mass execution of political…
Opinion: Whatever Big Oil wants, Big Oil gets. As long as it bankrolls Trump
What better sign could there be that we’re drowning in political outrage, that we’re inured to it, than this: A national newspaper scooped this month…