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DARK SECRETS: 6 | Vintage Vibes

Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds

Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental Petroleum

The Guardian - US

Stocks Climb Before the Open After Fed Decision, Apple Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.58%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.77% this morning after Federal Reserve Chair Jerome Powell appeared to rule out the possibility of further interest-rate hikes, while investors looked ahead to a new round of U.S. economic data and…

Barchart

4 Undervalued Energy Stocks to Buy Now, According to Morgan Stanley

The top financial services firm has turned "Overweight" on the energy sector. Here are its 4 top picks.

Barchart

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5 Top Energy ETFs to Consider as Oil Prices Climb

Here are five top energy ETFs investors can consider buying in 2024 to benefit from higher oil prices.

Barchart

Conoco CEO Predicts US Oil Output To Plateau At 14M Bpd

ConocoPhillips projects US oil output to exceed 14 million bpd before plateauing, reflecting industry growth and potential limitations.

Top News

Is Pennsylvania Governor’s Deal With Natural Gas Giant a PR Stunt? Some Think So.

Texas sees “bonanza” in carbon storage market, motivated more by money than emissions reductions.

Capital & Main

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Approval of divisive Alaska oil project upheld in blow to US climate goals

Advocates warned of ‘tragic consequences’ should the project in a remote part of northern Alaska go ahead

The Guardian - US

Judge rules Willow oil project in Alaska's Arctic can proceed

The decision removes one of the last obstacles to the Willow project, which would be the largest oil development on federal land in decades, and has become a flashpoint for climate activists.

WEKU

Biden calls for up to 3 offshore oil leases in Gulf of Mexico, upsetting both sides

The administration's proposal seeks to strike a balance between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling.

WEKU

Biden calls for up to three oil and gas lease sales in the Gulf of Mexico, disappointing all sides

President Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska

The Independent UK

California's lawsuit says oil giants downplayed climate change. Here's what to know

California accuses oil companies of misleading the public on the dangers of fossil fuels for decades. The state demands they help fund recovery efforts after climate change-fueled disasters.

WEKU

Whales stop singing and rock lobsters lose their balance: how seismic surveys can harm marine life

Woodside Energy this week announced it would start seismic testing for its Scarborough gas project off Australia’s west coast, before reversing the decision in the face of a legal challenge from Traditional Owners.

The Conversation

Biden administration cancels leases in Alaska wildlife refuge - Roll Call

The Biden administration canceled oil and gas leases in the Arctic National Wildlife Refuge that Congress mandated in a 2017 law.

Roll Call

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StockNews.com

Power up Profits With 3 Energy Stocks

As OPEC flags a healthy outlook for the second of the year, the prospects of the oil market show promise. Therefore, investing in fundamentally robust energy stocks REX American Resources (REX), NOW Inc. (DNOW), and ChampionX Corp. (CHX) could help boost your portfolio returns. Learn more….

StockNews.com

3 Energy Stocks Lighting up Portfolios

With growing demand and supply cuts, the energy sector is heating up. Against this backdrop, fundamentally sound energy stocks ChampionX Corp. (CHX), NOW Inc. (DNOW), and Solaris Oilfield Infrastructure (SOI) could light up your portfolio for the long haul. Learn more….

The Texas Tribune

Family legacies and the state’s Jim Crow past underlie a fight over mineral rights on a stretch of South Texas scrubland

Descendants of a prominent white family and a formerly enslaved couple are fighting over ownership — and the oil and gas royalties that would come with it — of an 147.5-acre tract that has bound and divided generations of their families.

Zenger

ConocoPhillips Positioned For Competitive Cash Flow And Returns

Energy giant reports strong Q2 performance and advances global LNG strategy

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The Independent UK

ConocoPhillips faces potential $914,000 fine over Alaska gas blowout, leak

ConocoPhillips Alaska faces a potential $914,000 fine over what a state regulatory agency called a “shallow underground blowout” of a well that released natural gas at the company’s Alpine field on Alaska’s petroleum-rich North Slope last year

ABC News

Seismic testing plans for Otway Basin prompt concerns for whales, dolphins and other wildlife

A multinational gas and oil giant says it remains committed to consultation amid rising community concerns over proposed testing off south-west Victoria.

The Independent UK

Haaland defends Willow, says US won't end oil drilling

Interior Secretary Deb Haaland defended her department’s approval of the contentious Willow oil project on Friday, saying that despite President Joe Biden’s campaign promise to end new drilling on federal lands, “We’re not going to turn the faucet off and say we’re not drilling anymore

Barchart

Find Out Which Oil Company is Betting Big in Alaska

This major oil company is planning a major new drilling in project in Alaska that could boost its production significantly.

The Guardian - US

Harvard professor lobbied SEC on behalf of oil firm that pays her lavishly, emails show

Environmental law professor Jody Freeman urged to cut ties with ConocoPhillips, which pays her more than $350,000 a year

The Independent UK

Judge: Alaska oil project can proceed as lawsuits play out

Construction can proceed related to a major oil project on Alaska’s petroleum-rich North Slope

The Guardian - US

Harvard professor’s fossil fuel links under scrutiny over climate grant

Colleagues and students query role of Jody Freeman, who won prestigious research grant despite sitting on ConocoPhillips board

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