Tag Archives: oil and gas industry

[ad_1] London CNN  —  Europe is scrambling to buy diesel fuel from Russia before a ban on imports comes into force in early February, but the frantic stockpiling is unlikely to prevent a new price shock for truckers, drivers and businesses. In the first two weeks of January, European countries …

[ad_1] CNN  —  The young man smiling in the last Bakersfield High School student newspaper for the 1983 school year was captioned – “Most Likely to Succeed.” That graduating student wasn’t then-senior Kevin McCarthy, the California Republican who on Saturday became the House speaker for the 118th US Congress, a …

[ad_1] CNN  —  A Kremlin-linked hacking group known for focusing on Ukraine has stepped up its spying efforts against Ukraine’s NATO allies in recent months – in part by trying to hack a big oil firm in a NATO country in August, according to US cybersecurity firm Palo Alto Networks. …

[ad_1] CNN  —  Chinese President Xi Jinping landed in the Saudi Arabian capital Riyadh on Wednesday for a multiple-day visit, China’s official news agency Xinhua reported, amid frayed ties between the two countries and the United States. Saudi state TV showed Xi walking down the steps of his presidential aircraft …

[ad_1] London CNN Business  —  The European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most imports comes into force. News of the deal, which had needed approval from holdout Poland, was confirmed on Twitter by the president …

[ad_1] CNN  —  Lagos, Nigeria’s commercial center, has a storage problem. At the West African trade hub’s shipping terminals, projected demand for container space far outstrips capacity. To narrow the gap, the state has embarked on one of the region’s most ambitious infrastructure projects, Lekki Deep Sea Port. Construction of …

[ad_1] CNN  —  Uganda’s President Yoweri Museveni has slammed Western countries over what he calls a “reprehensible double standard” in their response to the energy crisis brought about by the Russian invasion of Ukraine. In a Twitter post on Sunday, Museveni singled out Germany for demolishing wind turbines to allow …

[ad_1] CNN  —  Four years ago, Morris J. Alexie had to move out of the house his father built in Alaska in 1969 because it was sinking into the ground and water was beginning to seep into his home. “The bogs are showing up in between houses, all over our …

[ad_1] CNN  —  This week, world leaders and diplomats are converging on the Egyptian resort town of Sharm El Sheikh for the 27th United Nations Climate Conference – better known as COP27. Meanwhile, some 12,000 kilometers away from the sun-drenched beaches and high-level negotiations, another climate battle is already underway. …

[ad_1] New York CNN  —  Phillips 66 is cutting at least 1,100 jobs by the end of this year as the refining giant seeks to slash costs and steer a larger chunk of its soaring profits to shareholders. At its investor day meeting in New York Wednesday, Phillips 66 detailed …