Thursday, August 28, 2025
A $7 trillion climate change warning to the stock market from its biggest shareholder- oil and gas 360

A $7 trillion climate change warning to the stock market from its biggest shareholder

CNBC The evidence of climate change — from global temperature records to Arctic ice melt, wildfires, hurricanes and flooding — is accelerating. So is investment pressure on corporations. In the past week, Exxon Mobil was targeted by activist investors, as well as CalSTRS, one of the nation’s largest pension funds. New York State’s $226 billion pension fund announced a plan to

Britain proposes domestic emissions trading scheme from Jan 1- oil and gas 360

Britain proposes domestic emissions trading scheme from Jan 1

Reuters The British government said on Monday it will establish a domestic emissions trading scheme (UK ETS) from Jan. 1 to replace the current EU regime, as it presented its long-awaited white paper on energy policy. Britain exits the EU ETS at the end of the Brexit transition period and had previously said it may introduce either a domestic ETS

Germany agrees amended energy law to boost renewables- oil and gas 360

Germany agrees amended energy law to boost renewables

Reuters BERLIN – Germany’s ruling coalition has agreed changes to a new energy law that aims to boost renewable power and help the country meet its goal of producing 65% of its electricity from green sources by 2030, the environment minister said on Monday. The energy law is now expected to go before a parliamentary committee on Tuesday ahead of

Exclusive 360 Energy Expert Network Video Interview: Jay Young – King Operating Corporation – An oil company changing the operating model for the stakeholders

The Oil & Gas industry has had a major reset on almost every front in 2020. From investors, access to capital, lowering CapEx, low oil prices, high supply, and no demand. For energy sector investors, it has been a blood bath. Watching Gladiator with Russel Crow gives you the same impression. In our conversation with Jay we cover his methodology

Oil jumps 5%, breaks above $50 for the first time since February as Saudi Arabia announces voluntary cuts- oil and gas 360

OPEC cuts 2021 oil demand outlook again as pandemic impact lingers

Reuters LONDON – Global oil demand will rebound more slowly in 2021 than previously thought because of the lingering impact of the coronavirus pandemic, OPEC said on Monday, hampering efforts by the group and its allies to support the market. Demand will rise by 5.90 million barrels per day (bpd) next year to 95.89 million bpd, the Organization of the

Explosives-laden boat hits fuel ship at Saudi port, ministry says-oil and gas 360

Explosives-laden boat hits fuel ship at Saudi port, ministry says

Reuters SINGAPORE -Saudi Arabia said on Monday that a fuel transport ship anchored at a Jeddah terminal was attacked by an explosive-laden boat, after shipping firm Hafnia said that one of its oil tankers, the BW Rhine, had been hit by an unidentified “external source”. A Saudi energy ministry spokesman, in a statement carried on state media, did not mention

Exxon Mobil eyes LNG-to-power projects in Vietnam: government- oil and gas 360

ExxonMobil releases emissions updates/targets

OAG360 Publishers Note: This marks slight shift in public relations for Exxon, who have yet to really expand upon the renewables trend like their other super major peers.  Follow the Energy News Beat at 2PM everyday for more coverage RigZone –  Exxon Mobil Corp. announced several new emissions targets and said it would begin publishing pollution related to customers’ use