Oil and gas industry earned US$4T last year, says IEA chief
The global oil and gas industry’s profits in 2022 jumped to some US$4 trillion from an average of $1.5 trillion in recent years, the head of the International Energy Agency says.
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The global oil and gas industry’s profits in 2022 jumped to some US$4 trillion from an average of $1.5 trillion in recent years, the head of the International Energy Agency says.
© Getty Images / Nicholas Prylutskyy / EyeEmSource: RTEnergy supplies will not go to countries that support price caps, Deputy PM Novak has said Russia intends to shift the exports of its oil and petroleum products to ‘friendly’ countries this ye…
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Secret international court system enables fossil fuel firms to sue governments for lost future profitsExperts have urged the UK to leave the controversial energy charter treaty (ECT), a secret court system that enables fossil fuel companies to sue gove…
CNBC: Oil prices posts gains after Russia says it will cut output by 500,000 barrels a day * Russia will cut oil output by 500,000 barrels per day in March, Deputy Prime Minister Alexander Novak said on Friday. * The announcement foll…
Climate campaigners hit out at Norwegian state-owned Equinor’s record £62bn profits as household bills riseBritain’s biggest gas supplier, the Norwegian state-owned oil company Equinor, has been accused of “profiteering” from the energy crisis and high…
Is it incompetence or intentional? https://www.mrctv.org/blog/bidens-top-5-foreign-policy-failures
Energy company faces calls for toughened windfall tax as it reaps rewards from high gas pricesUK business live – latest updatesBP has scaled back its climate ambitions as it announced that annual profits more than doubled to $28bn (£23bn) in 2022 after…
OilPrice.com: Goldman Sachs Warns Of An Imminent Oil Supply Shortage Crude oil could soon swing into a deficit that will make next year a difficult one, Goldman Sachs said, as spare production capacity dwindles and underinvestment threatens future…
Europe imposed a ban Sunday on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow.