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14.11.25 - 22:00
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Crude Oil Soars On Concerns About Russian Output (AFX)
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WASHINGTON (dpa-AFX) - Following the modest rebound seen in the previous session, the price of crude oil showed a much more substantial move to the upside during trading on Friday.Crude for Decemb......
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14.11.25 - 21:30
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Trump Admin Rolls Back Biden-Era Restrictions On Alaska Oil And Gas Drilling (ZeroHedge)
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Trump Admin Rolls Back Biden-Era Restrictions On Alaska Oil And Gas Drilling
Authored by Aldgra Fredly via The Epoch Times,
The Trump administration said Nov. 13 that it has finalized a rule rescinding Biden-era restrictions on oil and gas drilling in Alaska as part of efforts to strengthen U.S. energy security.
The new rule, to be published in the Federal Register on Nov. 17, will revoke the measures imposed by the Biden administration that restricted drilling in the National Petroleum Reserve on the North Slope, according to the Interior Department (DOI).
The petroleum reserve in Alaska, spanning roughly 23 million acres, was designated in 1923. Last year, the Biden administration restricted oil and gas drilling on over 13 million acres of the area for environmental reasons.
The DOI stated that it aims to restore drilling in the area to strengthen energy supply and reduce U.S. reliance on foreign sources, following President Donald Trump's Jan. 20 executive order that called for the expansi...
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14.11.25 - 20:00
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The Guardian view on Cop30: someone has to pay for the end of the oil and gas age | Editorial (The Guardian)
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The fossil-fuel era is drawing to a close, but at a pace far too slow for the planet's good or a fair transition to a clean energy futureThe weather in Belém, wrote the Guardian's environment editor, offers a convenient metaphor for the UN climate talks being held in the Brazilian city. Sunny mornings begin in blazing optimism before the Amazon's clouds gather and the deluge begins. Cop30 has followed the same pattern. It opened with sunshine – an agenda agreed on day one. The storms were deferred for later “consultations” on climate finance, carbon border tariffs and the question of how to close the yawning gap between national climate pledges and the Paris agreement's safe pathway. These await Cop30's second week.They are likely to be more than mere squalls. The International Energy Agency confirmed last week that the fossil-fuel era is ending. Its annual report said the world will hit peak coal, oil and gas this decade and see declines thereafter. The economist Fadhel Kaboub, who advises de...
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14.11.25 - 17:30
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Why US Military Deployment Has Venezuela Worried About Its Oil (Bloomberg)
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On Nov. 11, the USS Gerald R. Ford, the world's largest aircraft carrier, arrived in the Caribbean Sea as part of a military deployment the US says is intended to counter Latin American narco-traffickers. The operation, the biggest US military mobilization in Latin America since 1989, follows a series of US strikes that have killed dozens of people on small boats that officials alleged were carrying narcotics....
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