Exxon Feels the Heat as More Investors Assail Climate Conduct

Criticism of the oil giant, whose industry is the principal culprit behind global warming, has become an annual rite of spring. But this year may be different. Exxon Mobil Corp. is again finding itself in the crosshairs of environment-focused investors who say the company is falling far short of its climate-related commitments. The criticism of the …

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Qatar Says New Global LNG Projects Will Be Needed After 2030

Gas demand will keep growing as economies expand: minister Middle Eastern nation is already increasing its LNG capacity Demand for natural gas will keep growing and more supply projects will be required globally beyond 2030, Qatar’s energy minister said. The comments from one of the world’s biggest suppliers of liquefied natural gas come amid fears of a …

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OPEC+ Decision on Output Likely to Prioritize Dollars Over Demand

 Ministers from the OPEC+ group of oil producers must agree to raise output when they meet June 1 if they really want to balance the market. That’s the implication of figures published by analysts at the Organization of Petroleum Exporting Countries and their counterparts at the International Energy Agency. OPEC published its monthly forecast Tuesday, …

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What are Biden’s New Tariffs on China Goods?

(Reuters) – President Joe Biden is hiking tariffs on $18 billion in Chinese goods including electric vehicles, batteries, semiconductors, steel, aluminum, critical minerals, solar cells, ship-to-shore cranes, and medical products, while retaining Trump-era tariffs on over $300 billion in goods. The United States Trade Representative’s Office told Reuters it anticipates the effective date will be in …

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