Oil and Gas
- Europe
Norway’s gigantic sovereign wealth fund loses a record $164 billion, citing ‘very unusual’ year
Norway’s sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country’s oil and gas…
Read More » - Europe
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…
Read More » - U.S. News
Biden touts job growth and slowing inflation rates in speech on economy
President Joe Biden cheered the news of higher than expected GDP growth and slammed Republican plans to impose a national…
Read More » - Europe
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…
Read More » - Canada
Canada must act as Europe’s energy ‘tragedy’ shows ‘cautionary tale’: Cenovus head – Montreal | Globalnews.ca
The head of Canadian energy giant Cenovus says the country needs to be “front and centre” in meeting the world’s…
Read More » - News
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…
Read More » - News
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…
Read More » - Europe
Aramco chief warns of possible oil supply shortages, as Chinese demand set to surge
An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi…
Read More » - News
Naftogaz CEO says the Ukrainian state energy giant will be out of default soon
The CEO of Ukrainian state energy giant Naftogaz said the company is working toward resolving its debt default problems quickly.…
Read More » - News
Hungary’s foreign minister says Brussels has failed on Russia sanctions
Hungary’s foreign minister strongly criticized the European Union’s sanctions against Russia, arguing they have damaged its members’ economies more than…
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