Venezuela, Once an Oil Giant, Reaches the End of an Era
Venezuela’s oil reserves, the world’s largest, transformed the country and the global energy market. Now its oil sector is grinding to a halt. Will it ever recover? The article Venezuela,...
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Shell plans to cut up to 9,000 jobs as oil demand slumps during pandemic
Royal Dutch Shell says it is planning to cut between 7,000 and 9,000 jobs worldwide by the end of 2022 following a collapse in demand for oil and a subsequent slide in oil prices during the coronaviru...
Brent below $40 a barrel as oil prices fall to lowest levels since June
Brent below $40 a barrel as oil prices fall to lowest levels since June The article Brent below $40 a barrel as oil prices fall to lowest levels since June was originally published at Marketwatch.c...
Oil industry pumping £300bn into producing more plastic despite global moves to slash waste, report finds
<p>Fossil fuel firms pinning their hopes on plastic as fuel usage set to decline – but research indicates investments in more petrochemicals may become worthless if policies shift<...
Big Oil Is in Trouble. Its Plan: Flood Africa With Plastic.
Faced with plunging profits and a climate crisis that threatens fossil fuels, the industry is demanding a trade deal that weakens Kenya’s rules on plastics and on imports of American trash. The ...
Trump Eliminates Major Methane Rule, Even as Leaks Are Worsening
The weakening of Obama-era efforts to fight climate change amounts to a gift to many oil companies. Researchers warn that the decision ignores science. The article Trump Eliminates Major Methane Rule...
Trump Administration Finalizes Plan to Open Oil Drilling in Alaska’s Arctic Refuge
The decision sets up a fierce legal battle over the fate of a vast, remote area that is home to polar bears, caribou and the promise of oil wealth. The article Trump Administration Finalizes Plan to ...
Trump’s Interior Department set to approve oil drilling in Arctic refuge
Trump’s Interior Department set to approve oil drilling in Arctic refuge The article Trump's Interior Department set to approve oil drilling in Arctic refuge was originally published at Marke...
Anger Mounts Over Mauritius Oil Spill
Islanders have joined together in an effort to contain an estimated 1,000 tons of fuel oil that leaked into the waters surrounding the picturesque nation off Africa’s eastern coast. The articleÂ...
Europe’s Big Oil Companies Are Turning Electric
Under pressure from governments and investors, industry leaders like BP and Shell are accelerating their production of cleaner energy. The article Europe’s Big Oil Companies Are Turning Electric w...