Don’t you think that’s crude?
Chief executive Meg O’Neill has dampened expectations of a multibillion-dollar merger with rival Santos ahead of a battle to convince investors to back its climate plans.
Analysts at Westpac believe oil prices could rise more still as the airstrikes against the Yemeni rebel group continue.
Despite the attacks and the risk of more conflict,some companies are insisting that the oil tankers they charter take the Suez Canal route,rather than an excursion around Africa.
Traders wonder if OPEC+ will deliver enough of the cutbacks to rein in the looming surplus.
An Australian company wants to develop onshore oil and gas in Timor-Leste that may help arrest the tiny country’s alarming decline in government revenue.
While barflies can’t get enough rope.
Russia’s economy is starting to buckle as the West tightens its grip,and there’s no relief in sight. Vladimir Putin may have a decision to make.
The Saudi Arabia-led OPEC+ cartel hatched a plan to tighten its grip over the world’s oil prices. It has backfired spectacularly.
Analysts say oil and gas majors Woodside and Santos can overcome competition concerns.
For the first time in COP’s 28-year history and in the face of fierce opposition from some states,fossil fuels were explicitly named in the event’s final text.