Big Oil poised to smash annual profit records — sparking outcry from campaigners and activists
Energy giants are expected to use their windfall profits to reward shareholders with higher dividends and share buybacks. Source link
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Oil and Gas
Norway’s fossil fuel bonanza stokes impassioned debate about how best to spend its ‘war profits’
Norway's skyrocketing oil and gas wealth is expected to climb to new heights this year, igniting an impassioned debate about
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G-7 agrees to review level of price cap on Russian oil in March: U.S. Treasury
G-7 officials have agreed to review the level of the price cap on exports of Russian oil in March, later
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‘Big Oil peddled the big lie’: UN chief slams energy giants for ignoring their own climate science
U.N. Secretary-General Antonio Guterres on Wednesday condemned fossil fuel giants for ignoring their own climate science. Source link
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China’s COVID-19 reopening set to push 2023 oil demand to new high – IEA
China's reopening could boost global oil demand this year to new highs, the International Energy Agency said on Wednesday. Source
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Russian gas will eventually return to Europe as nations ‘forgive and forget,’ Qatari energy minister says
Gas exports from Russian state energy giant Gazprom to Switzerland and the EU fell by 55% in 2022, the company
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School lunch, eggs and airfare: Why inflation soared for 10 items in 2022
Expiring federal aid, a deadly outbreak of bird flu and war in Ukraine combined to send inflation skyrocketing for a
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Goldman stays bullish energy for 2023—sees several stocks jumping more than 40%
While energy may not see the whopping outperformance it had in 2022, the backdrop is still constructive for energy equities,
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Shell to pay $2 billion in additional EU, UK taxes for the fourth quarter
Oil and gas major Shell said Friday it expects to pay an extra $2 billion in "recently announced additional taxes"
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