Friday, January 24, 2025
'Move away from hypocrisy': Global South demands energy justice- oil and gas 360

‘Move away from hypocrisy’: Global South demands energy justice

Nasdaq BENGALURU – Rich countries should stop throwing up roadblocks to poorer ones trying to secure energy supplies and do more to help them make the green transition, officials from Global South nations told the India Energy Week conference on Tuesday.   The criticism highlights the gaping political fault lines in the battle against climate change and underscores the challenges

OPEC “cautiously optimistic” about oil demand amidst reopening of China- oil and gas 360

OPEC “cautiously optimistic” about oil demand amidst reopening of China

World Oil (Bloomberg) — OPEC’s top official said he sees a “more upbeat” economic outlook as China reopens after several years of virus restrictions.   “There’s a positive mood and optimism, which I must always say is cautious optimism,” Secretary-General Haitham Al-Ghais said Feb. 6 at the India Energy Week forum. While there’s a lot of potential for oil demand

California Governor urges Federal inquiry into surging natural gas prices- oil and gas 360

California Governor urges Federal inquiry into surging natural gas prices

Oil Price California’s Governor Gavin Newsom has called on the federal authorities to launch an investigation into the soaring natural gas prices in California and the rest of the Western U.S., as customers have been warned they would receive high gas utility bills. In a letter to the Federal Energy Regulatory Commission (FERC), the agency responsible for regulating wholesale natural gas, Governor Newsom requested

BP makes record profit in 2022, slows shift from oil- oil and gas 360

BP makes record profit in 2022, slows shift from oil

Yahoo Finance LONDON – BP reported on Tuesday a record profit of $28 billion for 2022 and hiked its dividend, but infuriated climate activists by rowing back on plans to slash oil and gas output and reduce carbon emissions by 2030. The blockbuster profit follows similar reports from rivals Shell, Exxon Mobil and Chevron last week after energy prices surged

Column: Energy should not be controversial; how did this happen? A look into the machine- oil and gas 360

Column: Energy should not be controversial; how did this happen? A look into the machine

BOE Report Are you familiar with Sam Bankman-Fried, the crypto-whiz kid that started crypto-exchange FTX, the 30-year-old worth $30 billion, some were hailing as the new Warren Buffett?  His empire is now a pile of rubble, and against all legal advice he’s been delightfully verbose about the epic failure. Here’s a text exchange with a reporter, grammar verbatim: Q: you were really