#oil-industry
#oil-industry

Business

One of the world's biggest oil companies is cutting thousands of jobs

BP is cutting 7,700 jobs as part of a strategy to simplify and enhance competitiveness.

UK news

3 days ago

Shell reportedly weighing up merits of making move to buy BP

Shell is considering a takeover of BP, which could be one of the largest deals in oil and gas history.

fromBusiness Insider

One of the world's biggest oil companies is cutting thousands of jobs

BP is cutting 7,700 jobs as part of a strategy to simplify and enhance competitiveness.

more#bp

5 days ago

Toronto startup

The Trans Mountain expansion is everything the oilpatch wanted. Except the cost | CBC News

Trans Mountain Pipeline's capacity is not fully utilized a year after expansion, facing issues with high tolls and oil company contracts.

The pipeline's continued struggle reflects deeper market dynamics and rising costs, impacting profitability and usage.

6 days ago

US politics

Exxon and Chevron Report Lower Profits While Girding for Tariffs

U.S. oil companies face significant profit drops due to low crude prices and increased tariffs.

One Climate Subsidy That Trump Could Get Behind

The 45Q tax credit for carbon capture represents a bipartisan approach in climate change efforts, appealing to both oil companies and some Democrats.

fromHigh Country News

Environment

Behavior change is society change - High Country News

Ignoring 1968 climate warnings led to today's environmental crisis.

Leadership can encourage public commitment to sustainable practices.

Miscellaneous

Supreme Court declines Big Oil's bid to block Honolulu's climate change lawsuits

The Supreme Court will not obstruct lawsuits against oil companies linked to climate change, allowing significant legal challenges to proceed.

fromFuturism

Miscellaneous

Secret Video Shows Top Climate Change Conference Official Promising to Facilitate Fossil Fuel Deals

COP conferences are increasingly compromised by fossil fuel interests, undermining their purpose.

London

fromwww.standard.co.uk

Activists smash display cases with typhoon-wrecked belongings at Shell's London HQ

Greenpeace activists protested outside Shell's HQ to highlight how the oil industry drives climate change and affects vulnerable communities in the Philippines.

SF politics

How labor killed a bill to let California wildfire victims sue Big Oil for climate change

Big Oil's influence can derail climate legislation supported by environmentalists, as demonstrated by the recent failure of Senate Bill 222.

US politics

fromThe Atlantic

One Climate Subsidy That Trump Could Get Behind

The 45Q tax credit for carbon capture represents a bipartisan approach in climate change efforts, appealing to both oil companies and some Democrats.

Environment

fromHigh Country News

Behavior change is society change - High Country News

Ignoring 1968 climate warnings led to today's environmental crisis.

Leadership can encourage public commitment to sustainable practices.

Supreme Court declines Big Oil's bid to block Honolulu's climate change lawsuits

The Supreme Court will not obstruct lawsuits against oil companies linked to climate change, allowing significant legal challenges to proceed.

fromFuturism

Secret Video Shows Top Climate Change Conference Official Promising to Facilitate Fossil Fuel Deals

COP conferences are increasingly compromised by fossil fuel interests, undermining their purpose.

fromwww.standard.co.uk

London

Activists smash display cases with typhoon-wrecked belongings at Shell's London HQ

Greenpeace activists protested outside Shell's HQ to highlight how the oil industry drives climate change and affects vulnerable communities in the Philippines.

SF politics

How labor killed a bill to let California wildfire victims sue Big Oil for climate change

Big Oil's influence can derail climate legislation supported by environmentalists, as demonstrated by the recent failure of Senate Bill 222.

more#climate-change

#gavin-newsom

Gov. Newsom unveils plan to require oil companies to maintain minimum fuel reserves

California introduces a plan to require petroleum refiners to maintain minimum fuel reserves to stabilize prices and reduce costs for consumers.

California

How California's new gas law will aim to prevent price spikes

California implements law to stabilize gas prices amid industry criticism and concerns over refinery safety.

SF politics

Is Gavin Newsom changing his tune with the oil industry?

Gov. Gavin Newsom is shifting towards collaboration with the petroleum industry amidst refinery shutdowns in California.

fromSan Jose Inside

California

Gov. Newsom's Plan to Stop Gasoline Price Spikes Clears Senate, Final Vote Monday

Gov. Newsom's proposal on gasoline pricing advanced in the Senate, but faces internal opposition and criticism from oil industry.

Gov. Newsom unveils plan to require oil companies to maintain minimum fuel reserves

California introduces a plan to require petroleum refiners to maintain minimum fuel reserves to stabilize prices and reduce costs for consumers.

California

How California's new gas law will aim to prevent price spikes

California implements law to stabilize gas prices amid industry criticism and concerns over refinery safety.

SF politics

Is Gavin Newsom changing his tune with the oil industry?

Gov. Gavin Newsom is shifting towards collaboration with the petroleum industry amidst refinery shutdowns in California.

fromSan Jose Inside

California

Gov. Newsom's Plan to Stop Gasoline Price Spikes Clears Senate, Final Vote Monday

Gov. Newsom's proposal on gasoline pricing advanced in the Senate, but faces internal opposition and criticism from oil industry.

more#gavin-newsom

fromsubscriber.politicopro.com

Silicon Valley real estate

Valero signals another California refinery's future in doubt

Valero Energy faces significant challenges in California after a $1.1 billion writedown, questioning its future ability to maintain operations in the state.

#tariffs

2 weeks ago

US politics

Trump Tariffs Are Already Threatening America's Golden Era' of Oil

Liberty Energy warns of challenges ahead for the oil industry amid tariff implications and falling profits.

Canada news

Oil pipeline operator South Bow says tariffs could create challenges in its marketing | CBC News

South Bow Corp. indicates its marketing segment might face challenges due to a 10% tariff on U.S. energy exports affecting oil transport strategies.

Canada news

Alberta oil industry, experts react to threat of 10% tariff on Canadian oil | CBC News

Trump's intention for a 10% tariff on Canadian oil could negatively impact both the oil industry and American consumers.

fromsubscriber.politicopro.com

Canada news

ANALYSIS | The oilpatch thought it had dodged a bullet, until Trump mentioned tariffs again | CBC News

Alberta oilpatch leaders felt hope and relief about tariff threats, but optimism quickly turned to concern with Trump's announcement of impending tariffs.

2 weeks ago

US politics

Trump Tariffs Are Already Threatening America's Golden Era' of Oil

Liberty Energy warns of challenges ahead for the oil industry amid tariff implications and falling profits.

Canada news

Oil pipeline operator South Bow says tariffs could create challenges in its marketing | CBC News

South Bow Corp. indicates its marketing segment might face challenges due to a 10% tariff on U.S. energy exports affecting oil transport strategies.

Canada news

Alberta oil industry, experts react to threat of 10% tariff on Canadian oil | CBC News

Trump's intention for a 10% tariff on Canadian oil could negatively impact both the oil industry and American consumers.

Canada news

ANALYSIS | The oilpatch thought it had dodged a bullet, until Trump mentioned tariffs again | CBC News

Alberta oilpatch leaders felt hope and relief about tariff threats, but optimism quickly turned to concern with Trump's announcement of impending tariffs.

more#tariffs

#trump-administration

Environment

Conservationists sue Trump administration over rollback of green policies

Conservationists are suing the Trump administration for rolling back green policies, seeking information on new action plans that may harm environmental protections.

Cars

What to Know About the Fate of the E.V. Tax Credit

Trump's transition team may seek to eliminate the electric vehicle tax credit to support the oil industry.

Environment

Conservationists sue Trump administration over rollback of green policies

Conservationists are suing the Trump administration for rolling back green policies, seeking information on new action plans that may harm environmental protections.

more#trump-administration

Cars

What to Know About the Fate of the E.V. Tax Credit

Trump's transition team may seek to eliminate the electric vehicle tax credit to support the oil industry.

Canada news

This Canadian Conservative Is Playing Good Cop' With Trump

Danielle Smith is a polarizing figure in Canadian politics, emblematic of current political divides.

#california

fromLos Angeles Times

California

Newsom calls for new oil refinery mandate in California

Gov. Gavin Newsom is pushing California lawmakers to impose new inventory requirements on oil refiners to prevent fuel shortages and swings in gas prices.

fromSacramento Bee

California

This California law was supposed to stop gasoline price gouging. Has it?

California's law against oil price gouging has failed to produce evidence of wrongdoing by oil companies.

Despite a perceived reduction in gas prices, state transparency efforts have stalled without recent data updates.

California

California Assembly passes measure aimed at easing gas price spikes critics say it will cause them

California Assembly passed a bill aimed at regulating gas refinery maintenance to prevent price spikes and protect consumers.

fromLos Angeles Times

California

Newsom calls for new oil refinery mandate in California

Gov. Gavin Newsom is pushing California lawmakers to impose new inventory requirements on oil refiners to prevent fuel shortages and swings in gas prices.

fromSacramento Bee

California

This California law was supposed to stop gasoline price gouging. Has it?

California's law against oil price gouging has failed to produce evidence of wrongdoing by oil companies.

Despite a perceived reduction in gas prices, state transparency efforts have stalled without recent data updates.

California

California Assembly passes measure aimed at easing gas price spikes critics say it will cause them

California Assembly passed a bill aimed at regulating gas refinery maintenance to prevent price spikes and protect consumers.

Why the US oil boom isn't helping regular people DW 03/10/2025

Increased oil production may not guarantee lower prices, job creation, or energy independence despite claims from the industry.

Right-wing politics

Opinion | The Oil Oligarch Shaping Trump's Energy Strategy

Harold Hamm's campaign against wind energy in 2015 aimed to protect fossil fuel tax breaks amid rising renewable energy influence.

Business

A little dirty': inside the secret world of McKinsey, the firm hooked on fossil fuels

McKinsey's dual role in supporting renewable projects and advising oil interests exemplifies the tension in the global energy transition.

US politics

fromwww.dw.com

Why the US oil boom isn't helping regular people DW 03/10/2025

Increased oil production may not guarantee lower prices, job creation, or energy independence despite claims from the industry.

Right-wing politics

Opinion | The Oil Oligarch Shaping Trump's Energy Strategy

Harold Hamm's campaign against wind energy in 2015 aimed to protect fossil fuel tax breaks amid rising renewable energy influence.

A little dirty': inside the secret world of McKinsey, the firm hooked on fossil fuels

McKinsey's dual role in supporting renewable projects and advising oil interests exemplifies the tension in the global energy transition.

more#renewable-energy

Film

At the bottom of the North Sea, out of air and with no hope of rescue, I said goodbye to all my dreams

A saturation diver faced a critical situation without air for almost 30 minutes during a routine dive in the North Sea.

Offshore worker Robbie Robson was bludgeoned to death on an oil rig. Was it a random attack or does the industry have questions to answer?

Robbie Robson was an ambitious offshore worker, coping with the challenges of long stints away from home while pursuing a lucrative career in ROV operations.

Chevron plans to lay off 20% of workers in cost-cutting push

Chevron plans to cut its workforce by 15%-20%, affecting up to 9,000 employees, to reduce costs and increase profits.

fromEntrepreneur

Business

Why Oil, Gas Giant Chevron Is Laying Off Up to 8,000 Workers | Entrepreneur

Chevron will lay off 15% to 20% of its workforce, affecting up to 8,000 employees, to cut costs by $3 billion by 2026.

Business

Oil giant Chevron to lay off thousands in bid to cut up to 20% of global workforce

Chevron plans to lay off 15-20% of its workforce by 2026 as part of cost-cutting measures amidst production challenges.

fromThe Mercury News

Chevron plans to lay off 20% of workers in cost-cutting push

Chevron plans to cut its workforce by 15%-20%, affecting up to 9,000 employees, to reduce costs and increase profits.

fromEntrepreneur

Business

Why Oil, Gas Giant Chevron Is Laying Off Up to 8,000 Workers | Entrepreneur

Chevron will lay off 15% to 20% of its workforce, affecting up to 8,000 employees, to cut costs by $3 billion by 2026.

Business

Oil giant Chevron to lay off thousands in bid to cut up to 20% of global workforce

Chevron plans to lay off 15-20% of its workforce by 2026 as part of cost-cutting measures amidst production challenges.

Midwest state set to become 'liquid gold' capital of the world

North Dakota has significant undeveloped oil reserves that could position the U.S. as a dominant energy player.

Russo-Ukrainian War

Ukraine Sends Volley of Drones at Russia, Hitting Oil Refinery

Ukraine is intensifying drone attacks on Russian infrastructure to hamper military logistics and economic stability.

Big oil spent $445m in last election cycle to influence Trump and Congress, report says

Big oil spent $445 million to influence Donald Trump and Congress in the last election cycle.

#landman

fromDecider

Miscellaneous

'Landman' Episode 2 Recap: "Dreamers & Losers"

The West Texas oil patch, as depicted by Sheridan, is a harsh, unforgiving environment where grief and human connection are sacrificed for profit.

fromConsequence

Miscellaneous

Kayla Wallace on Landman, Taylor Sheridan, and Facing Off with Billy Bob Thornton: Podcast

Taylor Sheridan's 'Landman' features a strong female lead navigating high-stakes drama in the oil industry while exploring environmental issues.

Miscellaneous

'Landman' Episode 1 Recap

Taylor Sheridan wrote Landman for Billy Bob Thornton, capturing his voice in character Tommy Norris who navigates the challenging oil industry.

Miscellaneous

How to Watch Landman,' Taylor Sheridan's Drama Starring Demi Moore and Billy Bob Thornton

Taylor Sheridan's Landman dives into the Texas oil industry, focusing on the interplay of power and money amidst a modern gold rush.

fromDecider

Miscellaneous

'Landman' Episode 2 Recap: "Dreamers & Losers"

The West Texas oil patch, as depicted by Sheridan, is a harsh, unforgiving environment where grief and human connection are sacrificed for profit.

fromConsequence

Miscellaneous

Kayla Wallace on Landman, Taylor Sheridan, and Facing Off with Billy Bob Thornton: Podcast

Taylor Sheridan's 'Landman' features a strong female lead navigating high-stakes drama in the oil industry while exploring environmental issues.

Miscellaneous

'Landman' Episode 1 Recap

Taylor Sheridan wrote Landman for Billy Bob Thornton, capturing his voice in character Tommy Norris who navigates the challenging oil industry.

Miscellaneous

How to Watch Landman,' Taylor Sheridan's Drama Starring Demi Moore and Billy Bob Thornton

Taylor Sheridan's Landman dives into the Texas oil industry, focusing on the interplay of power and money amidst a modern gold rush.

more#landman

fromIrish Independent

Business

Petrol and diesel prices rise as crude oil holds steady, but retailers deny they are profiteering

Rising petrol and diesel prices observed for the second consecutive month, attributed to various economic factors rather than industry profiteering.

Digital life

Vardis Vardinoyannis, Greek Tycoon With Ties to the Kennedys, Dies at 90

Vardis Vardinoyannis built a significant oil-refining empire in Greece and was known for his philanthropy and friendship with the Kennedy family.

California

Latest line: A good week for Stanford, a bad week for the Catholic Church

Stanford University's endowment reaches $37 billion, showcasing continued growth essential for program funding.

The Archdiocese of Los Angeles settles abuse lawsuits for $880 million, highlighting deep-rooted issues within the Church.

Governor Newsom's new bill aims to prevent gas price spikes amid refinery challenges.

fromwww.dw.com

Will the Dangote refinery solve Nigeria's oil issues? DW 10/04/2024

Nigeria faces a severe fuel crisis with high prices and long queues affecting daily life.

The Dangote refinery's struggles to secure local crude further complicate the fuel situation.

OMG science

New Mexico's rural towns are proposing a controversial solution to extreme drought

New Mexico is exploring regulations to repurpose toxic wastewater from drilling as a resource amidst drought.

OMG science

How Exxon chases billions in US subsidies for a climate solution' that helps it drill more oil

ExxonMobil faces backlash from climate activists but claims to lead in carbon capture technology.

9 months ago

Walters: California's aggressive moves against oil chased out Chevron

Gov. Gavin Newsom's opposition to the oil industry pushed Chevron to move its headquarters from California to Texas, highlighting the clash between environmental policies and economic interests.

9 months ago

Europe news

Oilfield slowdown exposes political volatility in Libya and beyond

The political complexities in Libya's oil industry were evident as allies of warlord Khalifa Haftar allegedly attempted to shut down an oilfield in response to an arrest warrant for his son.

9 months ago

Gas prices plummet in California over past three months

California gas prices have dropped significantly since mid-April due to falling oil refinery costs and a new state price gouging law.

11 months ago

Oil giant ConocoPhillips to buy Marathon Oil in $17.1bn deal

ConocoPhillips acquires Marathon Oil for $17.1bn in a deal focused on fossil fuel production.