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“ExxonMobil might head back to Venezuela after calling the country ‘uninvestable’” The biggest oil company in the world, ExxonMobil, took a first step toward a possible return to Venezuela — less than a year after calling the country “uninvestable.” Exxon signed a preliminary agreement with the socialist country that would allow them to explore oil…
Sen. Dan Sullivan (R-Alaska) criticized President Biden for his decision to pause approvals of some natural gas export facilities, saying the announcement “makes no sense.” “Once again, they are letting the far left and John Kerry, can’t wait until he leaves the White House by the way, drive policies that make no sense and this…
It has been an increasingly puzzling week for market watchers and economists alike, as the American economy continues to resist a recession and stymy policymakers hoping to lower inflation and stave off a downturn. A gangbusters September jobs report is putting the efficacy of Federal Reserve interest rate hikes into question, just as falling crude…
“Bay du Nord: The $16 billion oil project that could make or break Newfoundland” A journey from downtown St. John’s to the Flemish Pass will take a traveller nearly 500 kilometres into the North Atlantic—one-sixth of the way to the shores of Ireland. Along the way they’ll pass through ruthless storms, towering waves and the paths…
“New Amazon Original Series ‘The Rig’ premieres today” New York Post may be compensated and/or receive an affiliate commission if you buy through our links. When it comes to oil rigs, no news is good news. Typically, you’ll only hear about an oil rig if something’s gone wrong: a spill, an accident, or, in the…
“The Uyghurs suffer as China, Saudi Arabia form dangerous bond” The Saudi royal house prides itself as the guardian of the Muslim faith, and seeks to ensure that daily life on the Arabian Peninsula is dominated by Islamic practices. The two holiest sites of Islam — Mecca and Medina — are under its care, and it…
“Drivers are stuck in limbo as world’s oil supply reshuffles” At a gas station outside New York City, retired probation officer Karen Stowe was faced with a pump price she didn’t want to pay. She bought groceries from the convenience store instead, planning to buy cheaper gas elsewhere. “The price is so high, people have to…
“Suppressing the stats that make progressives look bad” What do you do when the data don’t fit your ideology? Increasingly, modern progressives — from the educrats of New York’s Board of Regents to the capitalists running energy giant BP — look to suppress them. BP, reports Reuters, is considering killing its annual Statistical Review of…
“NJ’s absurd suit against Big Oil only benefits posturing politicians” Not to be left out of the left’s war on energy, New Jersey has become the latest government to sue big oil companies, claiming they hid info showing that oil usage leads to climate-driven natural disasters, resulting in billions in damages. The suit targets ExxonMobil,…
“Saudis may boost oil output as Biden backs MBS immunity from Khashoggi suits: report” Saudi Arabia and other OPEC members are reportedly considering a boost in oil production just days after the Biden administration said it favors shielding Saudi Crown Prince Mohammad bin Salman from civil litigation related to the killing of journalist Jamal Khashoggi….