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...“Nothing terrifies a sitting American president more than a surge in pump prices during an election year,” said Bob McNally, president of consultancy Rapidan Energy and a former White House energy adviser...
...Myles McCormickHey, how’s it going? Jessica SmithIt’s going well. Myles, can you tell us a bit more about what’s been keeping oil markets from panicking? Myles McCormickYeah....
...“Yes, we’re a big producer. But more importantly, we’re a big consumer, and that’s where our exposure lies.”...
...Myles Pinfold Holmfirth, West Yorkshire, UK...
...Myles McCormick I suppose the former, to some extent. I mean, you heard quite a contrast there in terms of the two types of rhetoric....
...Hi, Myles. Myles McCormickHey, Marc. Marc FilippinoSo why has there been such a huge boom in profits during the Biden administration? Myles McCormickThe basic reason, Marc, is the price of oil....
...“For these people with the very deep cash pockets, this isn’t such a big deal.”...
...The potato processor that supplies McDonald's with french fries slashed its financial guidance, as it grappled with softer restaurant demand for its products and a bigger than expected disruption to its...
...Thanks for reading — Myles Pressure at the pump Petrol prices are (once again) a source of growing disquiet in the White House....
...The Biden administration has for the first time in several decades ratcheted up the cost of drilling on public lands in a landmark new regulation as it seeks to crack down on the oil and gas industry ahead...
...Myles Energy transition trends: 5 key takeaways Resources for the Future’s Global Energy Outlook, released this week, combines a plethora of different scenarios modelled by intergovernmental bodies — from...
...Souki, who spearheaded the creation of the world’s largest LNG export industry and was once the country’s best-paid executive, has been engaged in a multiyear stand-off with lenders over a loan default that...
...The Biden administration has increased the cost of oil and gas drilling on public lands, raising royalty rates for the first time in a century as part of a sweeping crackdown on the industry ahead of November...
...Tellurian has warned of “substantial doubt” about its ability to continue as a going concern and has said it is exploring a sale....
...Darren Woods received salary, stock options and a bonus amounting to $36.9mn in 2023, the US’s biggest oil company reported in a securities filing on Thursday....
...Chevron’s chief executive hit back at ExxonMobil on Tuesday, expressing “surprise” at its decision to seek arbitration in a tense stand-off over a lucrative Guyana oil project....
...a crackdown at the border....
...Biden also notched a victory in Colorado, winning 85 per cent of the vote, with 74 per cent of ballots counted....
...Exxon on Wednesday said it had filed a case in the International Chamber of Commerce in Paris to assert its right of first refusal over Hess’s stake in a Guyana oil find that is seen as the crown jewel of...
...A surge in demand for electricity to feed data centres and to power an artificial intelligence revolution will usher in a golden era for natural gas, producers say....
...Chord Energy has agreed to acquire Enerplus in an $11bn deal, as a wave of consolidation continues to sweep across the US oil sector....
...Nikki Haley — Trump’s last remaining Republican opponent — yesterday welcomed the former president’s presence on the ticket, telling a rally in Spring, Texas: “This is America....
...He looks set to face Colin Allred, the former NFL linebacker and Congressman, who was leading his opponent Roland Gutierrez by a significant margin....
...Chord Energy has agreed to acquire Enerplus in an $11bn deal as a wave of consolidation continues to sweep across the US oil sector....
...American oil and gas lobby groups have hit back against Joe Biden’s freeze on new permits for LNG infrastructure, lodging a legal filing that urges the Department of Energy to reconsider the suspension....
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