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Home2023December

Month: December 2023

OPEC+
Crude Oil News

OPEC+ to extend oil output cuts

December 1, 2023 Stu Turley

The OPEC+ group of major oil-producing countries led by Russia and Saudi Arabia agreed to deepen production cuts to about 2.2 million barrels per day (bpd) at a meeting on Thursday, according to a statement […]

Construction progress
Exports

Construction progress continues on Golden Pass LNG export plant

December 1, 2023 Stu Turley

Energy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass liquefied natural gas (LNG) export terminal on the US Gulf Coast near Sabine Pass, Texas. State-owned QatarEnergy owns a 70 percent […]

The Irony of COP 28
Climate Crisis

The Irony of COP 28: Amassing a Huge Carbon Footprint to Pressure Countries into Reducing Carbon Emissions

December 1, 2023 Stu Turley

Key Takeaways 1. The U.N.’s 28th climate meeting is attracting a record 70,000 this year, as governments, non-profits, businesses, media, and hangers-on gather in Dubai to argue over how much the United States and other […]

BP’s search for new CEO
Exploration and Production

BP’s search for new CEO to extend into next year as Looney probe drags on

December 1, 2023 Stu Turley

Nasdaq LONDON – BP’s search for a new chief executive is set to extend into the first quarter of 2024, three sources told Reuters, while the board’s probe into whether previous CEO Bernard Looney breached […]

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