October 17, 2023

Police reopen London’s Energy Intelligence Forum after protests, oil leaders speak on war, energy transition

October 17, 2023

World Oil (Bloomberg) – A major oil-industry conference in London saw a day of disruption as hundreds of climate protesters blocked entrances before police eventually reopened access to the event. Greta Thunberg was among at least 20 demonstrators to be arrested outside the annual Energy Intelligence Forum. Executives from companies including Gunvor Group, Trafigura Group and Shell Plc had been unable

Western banks to miss out on African oil boom

October 17, 2023

Oil Price When the Ugandan and Tanzanian governments announced the East African Crude Oil Pipeline project, it elicited very different reactions. Some cheered the news that would add Uganda to the world’s oil producer club and move its crude to buyers around the world from the Tanzanian coast. Others almost immediately staged protests, claiming any new oil development would compromise the

Shell changes approach to mid-century net-zero goal while focusing on oil, gas

October 17, 2023

World Oil (Bloomberg) – Shell Plc still plans to achieve net zero emissions by the middle of the century, but its approach to hitting that target has changed, its CEO said. “For avoidance of doubt, what hasn’t changed is the destination that we have set for ourselves,” Chief Executive Officer Wael Sawan said via video link at the Energy Intelligence Forum

Saudi Aramco CEO: COP28 should focus on cutting fossil fuel emissions, not output

October 17, 2023

Nasdaq LONDON – The chief executive of oil giant Saudi Aramco 2222.SE, said on Tuesday this year’s COP28 U.N. climate conference should focus on cutting emissions from hydrocarbons, rather than reducing their production. CEO Amin Nasser was speaking at the Energy Intelligence Forum in London, ahead of the climate conference which is due to begin in Dubai on Nov. 30. “The

Oil prices edge higher ahead of Biden Middle East trip

October 17, 2023

CNBC Oil prices edged higher on Tuesday ahead of a trip by U.S. President Joe Biden to the Middle East that is likely to involve balancing support for Israel with trying to prevent any regional escalation of its war with Hamas. Following a drop of more than a dollar on Monday, Brent futures fell 0.2% to $89.44 a barrel at 11:52 a.m.

Police reopen London’s Energy Intelligence Forum after protests, oil leaders speak on war, energy transition

Western banks to miss out on African oil boom

Shell changes approach to mid-century net-zero goal while focusing on oil, gas

Saudi Aramco CEO: COP28 should focus on cutting fossil fuel emissions, not output

Oil prices edge higher ahead of Biden Middle East trip

Premium Content