Dem AG Poised To Sue Oil Companies With Help Of Law Firm Backed By Left-Wing Behemoths
Democratic Michigan Attorney General Dana Nessel is poised to sue major oil companies with the help of a law firm that has received millions of dollars from major left-wing organizations in recent years. Nessel declared She announced her intention to file a “climate change” lawsuit against major oil companies in May, and her firm announced […]
$2.5M worth of premium Terra Delyssa olive oil stolen from Texas warehouse
A gang of slippery robbers looted $2.5 million worth of high-end olive oil from a Texas warehouse and sold it to a competing store that sold the stolen goods at half price. CHO America, Manufacturer Terra Delissa Last month, thieves reportedly stole 18 truckloads (29 pallets, each containing 672 bottles) from a third-party warehouse in […]
BP ‘abandoning plan to cut oil output’ angers green groups | BP
Environmental groups are furious over reports that BP has scrapped its oil production cut targets for the next five years, accusing the company of putting profits ahead of the health of the planet. Campaigners including Greenpeace and Reclaim Finance condemned the move, which could see oil companies scrap plans to cut oil and gas production […]
Oil could top $100 as Middle East tensions escalate
Rep. Brian Mast (R-Florida) discusses Israel's response to Iran's missile attack on Kabuto: Coast to Coast. crude oil price Prices soared last week as tensions in the Middle East escalate, with the market wary of the possibility of prices rising to $100 per barrel. Prices rose about 9% last week, with crude oil options market […]
Energy Giant Puts Goal To Drastically Cut Oil, Gas Production On Ice
European energy company BP has abandoned its pledge to cut oil and gas production by 2030, Reuters reported on Monday, as it seeks to boost investor confidence following a slide in its stock price. BP announces plans August 2020 Cut oil and gas production by 40% by 2030, before lowering the target to 25% in […]
Dow, oil rally on Wall Street
Jack Otter and Barron's Roundtable panelists list three things investors should be thinking about next week. -Stock prices rose this week on the back of strong employment data. Oil prices surge due to fighting in the Middle East – Port strike suspended, but final contract details remain unclear -Former President Trump speaks with FOX Business […]
Iran Oil Sanctions Enforcement Is Looser Under Biden, Biden Might Tighten It to Get Israel to Not Strike
On CNBC's Friday broadcast of “Squawk on the Street,” CNBC contributor Helima Croft, global head of product strategy at RBC Capital Markets, said that “five years ago, there were far more significant sanctions in place” against Iranian oil. “We used to do that,” he said, “but now we do.” Iranian crude oil is at its […]
Gulf States Looking to Protect Oil Assets by Playing Nice with Iran
Reuters reported on Thursday that Gulf states are concerned that an escalation between Iran and Israel could lead to attempts to engage Gulf states, threaten oil facilities and co-opt Iran. Iranian President Masoud Pezeshkian was in Doha for talks with the Gulf Cooperation Council (GCC), which includes Qatar, Bahrain, Kuwait, Oman, Saudi Arabia and the […]
Biden, in Rare Briefing Room Appearance, Tells Israel Not to Hit Iran’s Oil Facilities
President Joe Biden made a rare appearance in the White House briefing room on Friday and told Israel not to attack Iranian oil facilities in response to this week's ballistic missile attack. “Look, the Israelis haven't decided what they're going to do about the attack yet. They're still debating it. If I were in their […]
Israel ‘Likely’ Will Strike Iran’s Nuclear Program or Oil Refineries, Expert Says
Middle East experts say it is “increasingly likely” that Israel will attack Iran's nuclear facilities and refineries following Iran's attack on the Jewish state. Exchanges between Israel and Iran have been ongoing for months, with the latest round in which Iran fired nearly 200 ballistic missiles at Israel on Tuesday, most of which were intercepted […]