Energy
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World
Big Oil poised to smash annual profit records — sparking outcry from campaigners and activists
U.S. President Joe Biden has previously singled out Exxon Mobil for making “more money than God” last year. Brandon Bell…
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World
Norway’s fossil fuel bonanza stokes impassioned debate about how best to spend its ‘war profits’
Norway is making more money from oil and gas exports than ever. Ole Berg-rusten | Afp | Getty Images Norway’s…
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World
Chevron announces $75 billion stock buyback, dividend boost
Chevron last month reported its second-highest quarterly profit ever. Justin Sullivan | Getty Images News | Getty Images Energy giant…
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World
Brits are being paid to cut power use, as cold snap threatens supply
The sun rises over frost-covered houses in December 2022 in London, England. Cold weather has returned in January, causing the…
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World
Ex-Genesis execs claimed they raised millions for crypto hedge fund just as former company neared bankruptcy
Just weeks before crypto lender Genesis filed for bankruptcy, three former employees of the company claimed they had secured millions…
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World
UK Labour leader Starmer slams PM’s Davos no-show, touts new ‘inverse OPEC’ alliance
DAVOS, Switzerland – Jan. 19, 2023: Keir Starmer, leader of the Labour Party, during a CNBC panel session on day…
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World
Greta Thunberg on Abu Dhabi’s oil chief leading COP28 climate summit: ‘Completely ridiculous’
Climate activist Greta Thunberg speaking on the main stage in George Square as part of the Fridays for Future Scotland…
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World
Russian embassy tweets map that shows Crimea as part of Ukraine
A Twitter account operated by the Russian Embassy in Sweden on Wednesday posted an image of Europe which identifies Crimea—shown…
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World
Oil giant Aramco says windfall taxes ‘not helpful’ and could stifle decarbonization
Pressuring oil companies through higher taxes is counterproductive at a time when global crude demand is set to outstrip supply,…
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World
IEA chief expects Russia to lose the energy battle, sees major difficulties for Moscow’s exports
The IEA’s Birol said that prior to Russia’s full-scale invasion of Ukraine on Feb. 24 last year, “Russia was the…
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