Oil and Gas
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Saudi Arabia’s Neom replaces its CEO amid reports of delays and cutbacks
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM Saudi Arabia’s massive Neom megaproject, a multi-trillion…
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Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024. Anthony Prieto | Bloomberg | Getty Images Oil…
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Exxon CEO says Trump should keep U.S. involved in global effort to address climate change
President-elect Donald Trump should keep the U.S. involved in global efforts to address climate change, Exxon Mobil CEO Darren Woods…
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Oil giant Shell wins appeal against landmark Dutch climate ruling to slash emissions
Oil storage silos beyond waterlogged land at the Shell Plc Pernis refinery in Rotterdam, Netherlands, on Sunday, Feb. 11, 2024.…
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Top trader Vitol eyeing metals market as global oil demand set to peak in 10 years, CEO signals
Russell Hardy, chief executive officer of Vitol Services Ltd. Bloomberg | Bloomberg | Getty Images SINGAPORE — Vitol is eyeing…
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More Iran sanctions and ‘drill baby, drill’: Oil market’s future is still uncertain under Trump
Offshore workers examine hydrocarbon samples aboard the Chevron Corp. Jack/St. Malo deepwater oil platform in the Gulf of Mexico off…
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Trump’s election victory sparks dismay — and defiance — among architects of the Paris climate accord
Republican presidential nominee, former U.S. President Donald Trump, listens to a question as he visits Chez What Furniture Store which…
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Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Saudi Aramco’s Ras Tanura oil refinery and oil terminal Ahmed Jadallah | Reuters Saudi state oil giant Aramco reported a…
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Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement
A power substation near the LC1 CloudHQ data center in Ashburn, Virginia, on March 27, 2024. Nathan Howard | Bloomberg…
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‘Too much doom and gloom’: OPEC chief is bullish on oil demand despite extended production cuts
The head of oil producer alliance OPEC brushed off forecasts of dwindling crude demand in the coming year, saying there…
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