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Results for "Oil and Gas Companies"

26 stories found

Supreme Court Sides With Oil Companies in Louisiana Environmental Case
EnvironmentAPNYTle-monde+9wapoThe GuardianFox Newsder-standardYahooindian-expressseeking-alphainquirer+1 more1mo ago12 sources

Supreme Court Sides With Oil Companies in Louisiana Environmental Case

The U.S. Supreme Court has ruled in favor of Chevron and other oil and gas companies, overturning lower court decisions in environmental lawsuits concerning coastal damage in Louisiana. This decision marks a significant win for the energy industry in its fight against environmental liability claims.

Reeves Proposes Tax Loophole Closure to Fund Cost of Living Package
PoliticsBBCFTThe Guardian+1The Independent14d ago4 sources

Reeves Proposes Tax Loophole Closure to Fund Cost of Living Package

Shadow Chancellor Rachel Reeves announced plans to fund a new cost of living package, including free bus trips for children and potential chocolate tax cuts, by closing tax loopholes for oil and gas companies. This proposal comes amidst ongoing debate over wealth taxation in the UK.

Energy Giants Report Soaring Profits Amid Global Price Shock
Worlddie-pressen1-bih1mo ago2 sources

Energy Giants Report Soaring Profits Amid Global Price Shock

Major oil and gas companies are reportedly earning significant profits, with one report stating $30 million per hour, amidst a global energy price shock. This situation raises questions about Europe's future energy procurement strategies.

Trump Lifts Iran Threat, Postpones Strikes Amid Talks; Iran Denies Negotiations
WorldReutersBBCbloomberg+58NYTwsjFTThe GuardianNPRAl JazeeraFox Newscbc+50 more2mo ago61 sources

Trump Lifts Iran Threat, Postpones Strikes Amid Talks; Iran Denies Negotiations

US President Donald Trump has postponed his ultimatum to bomb Iran's electricity grid and announced a tactical pause on strikes, claiming to have begun talks with Tehran and that 'regime change' is underway. However, Iran has denied engaging in talks with the US and warned against targeting its vital infrastructure.