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...The agreements made in Dubai included the first global undertaking to move away from fossil fuels and a commitment to triple renewable energy generation by 2030....
...recent years from international spoiler to outlaw state,” said Griffiths....
...Brent crude, the international benchmark, fell 3 per cent to $87.37 a barrel on Wednesday....
...In 2023, the EU produced more electricity from wind power than gas for the first time....
...The International Energy Agency has warned that an “inconceivable” amount of carbon capture and storage will be needed to keep production of oil and gas at existing rates while cutting greenhouse gas emissions...
...Brent crude, the international oil benchmark, increased 0.5 per cent to $83.18 a barrel. The US equivalent West Texas Intermediate was also up 0.5 per cent to $78.72 a barrel....
...Brent crude, the international oil benchmark, dropped 1.3 per cent to $82.10. The US equivalent West Texas Intermediate was also down 1.4 per cent to $77.25....
...The price of Brent crude, the international oil benchmark, settled about 1.5 per cent higher to $90.65 a barrel on Thursday, while the West Texas Intermediate, the US oil benchmark, rose about 1.4 per cent...
...Oil prices climbed following the events in Iran. Futures for Brent crude, the international oil benchmark, rose to above $90 a barrel and then retreated to trade 1.3 per cent higher at $88.19....
...While more oil could come on line this summer from Opec, which next meets to discuss quotas in June, Sen predicted that oil prices would have to rise further first....
...On Monday, US data showed the world’s largest economy had expanded for the first time since September 2022. Brent crude, the international benchmark, was 1.1 per cent higher at $88.43 per barrel....
...Prices are still higher then they were throughout the first quarter....
...BP made an underlying profit of $2.7bn in the first quarter of 2024, slightly below a consensus forecast from analysts of $2.9bn, and said its earnings had fallen because of lower oil and gas prices compared...
...Russia’s budget revenues from the oil and gas sector increased 82.2 per cent year on year to Rbs4.16tn ($45.5bn) in the first four months of 2024, according to data released by the finance ministry on Monday...
...He was first charged in 2020 after confessing to hiding $800mn in losses at the oil trading firm he founded....
...Brent crude — the international oil benchmark — dropped 2.8 per cent to $83.89 per barrel. The US equivalent West Texas Intermediate fell 2.6 per cent to $79.80 per barrel....
...Oil prices climbed above $92 per barrel for the first time since October on rising fears of a widening conflict in the Middle East....
...Brent crude, the international benchmark, traded as high as $92 a barrel on Friday after breaking above $90/b last week for the first time since October....
...Thank you for reading, Amanda New oil and gasfields expected to grow fourfold despite IEA warnings Three years after the International Energy Agency sounded the alarm that no new oil and gas projects...
...Returning more cash to shareholders was a common theme throughout Big Oil’s first-quarter earnings, which saw Shell, Chevron and TotalEnergies beat expectations and ExxonMobil and BP fall short....
...“Not for the first time, people in the oil business made a mess that will take a lot to clean up,” Burt said. “Damages are significant....
...Oil prices jumped as news of the strikes emerged but have since eased and are now back to below levels from the start of the week as traders bet that diplomatic efforts to prevent an escalation of tensions...
...But Equinor is still first and foremost an oil and gas company....
...“One of the great ironies of President Biden’s first term is that he campaigned on a pledge to address climate change and make significant changes to oil and gas policies, yet through this first term, profits...
...Brent crude, the international oil benchmark, dropped 3.1 per cent to $83.63 per barrel. The US equivalent West Texas Intermediate fell 3.5 per cent to $79.09 per barrel....
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