Gaza has oil markets on edge, more urgency to shift to renewables, IEA head says

- Wednesday, October 25, 2023 - 1 year ago No Comments 7,661 Views

Tensions from the war in Gaza could help accelerate the move away from planet-warming fossil fuels like oil and gas and toward renewable energy, electric cars

Business

Saudi Arabian giant Aramco reports $30B in Q2 profits, down nearly 40%

- Tuesday, August 8, 2023 - 1 year ago No Comments 4,003 Views

Saudi state-run oil giant Aramco said yesterday that it made $30 billion in profit in the second quarter, a nearly 40% decline from the same period the

Business

Dangers of big oil spending cuts are visible in Angola’s slump

- Saturday, February 27, 2021 - 4 years ago No Comments 5,726 Views

The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya today, shows the heavy toll of a slump in oil-industry