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Wins by climate activists find unlikely backer, 'hostile regimes' | Business and Economy News

With Western oil majors pressured to cut emissions, state-owned oil firms will step in without those expectations. ....

United States , France General , United Kingdom , Abu Dhabi , Abuz Aby , United Arab Emirates , Saudi Arabia , Nick Stansbury , Verisk Maplecroft , Exxon Mobil Corp , Energy Aspects , Chevron Corp , Abu Dhabi National Oil Company , Saudi Aramco , Royal Dutch Shell , International Energy Agency , Organization Of The Petroleum Exporting Countries , European Union , Saudi Led Organization , Petroleum Exporting Countries , Amrita Sen , Middle East , Middle Eastern , Usiness And Economy , Climate Change , Financial Markets ,

Shell Dutch ruling: OPEC and Russia seen gaining more power, business

Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia.
Defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to cut carbon emissions faster. That s good news for the likes of Saudi Arabia s national oil company Saudi Aramco, Abu Dhabi National Oil Company and Russia s Gazprom and Rosneft.
It means more business for them and the Saudi-led Organization of the Petroleum Exporting Countries (OPEC).
Oil and gas demand is far from peaking and supplies will be needed, but international oil companies will not be allowed to invest in this environment, meaning national oil companies have to step in, said Amrita Sen from Energy Aspects consultancy. ....

United States , France General , Abu Dhabi , Abuz Aby , United Arab Emirates , Saudi Arabia , City Of , United Kingdom , Noah Browning , William Maclean , Nick Stansbury , Verisk Maplecroft , Ron Bousso , Dmitry Zhdannikov , Alex Lawler , Exxon Mobil Corp , Energy Aspects , Chevron Corp , Abu Dhabi National Oil Company , Saudi Aramco , Royal Dutch Shell , International Energy Agency , Organization Of The Petroleum Exporting Countries , European Union , Saudi Led Organization , Petroleum Exporting Countries ,

Opec and Russia seen gaining more power with Royal Dutch Shell ruling

LONDON: Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia.Defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to cut carbon emissions faster. That’s good news for the likes of Saudi Arabia’s. ....

France General , Abu Dhabi , Abuz Aby , United Arab Emirates , Saudi Arabia , City Of , United Kingdom , Nick Stansbury , Verisk Maplecroft , Exxon Mobil Corp , Organization Of The Petroleum Exporting Countries Opec , Energy Aspects , Chevron Corp , Saudi Aramco , Abu Dhabi National Oil Company , Royal Dutch Shell , International Energy Agency , European Union , Saudi Led Organization , Petroleum Exporting Countries , Amrita Sen , Middle East , பிரான்ஸ் ஜநரல் , ஒன்றுபட்டது அரபு அமீரகங்கள் , சவுதி அரேபியா , நகரம் ஆஃப் ,

OPEC, Russia seen gaining more power with Shell Dutch ruling - Netscape Money & Business

OPEC, Russia seen gaining more power with Shell Dutch ruling
By Dmitry Zhdannikov
Reuters
LONDON (Reuters) - Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia.
Defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to cut carbon emissions faster. That’s good news for the likes of Saudi Arabia’s national oil company Saudi Aramco, Abu Dhabi National Oil Company and Russia s Gazprom and Rosneft.
It means more business for them and the Saudi-led Organization of the Petroleum Exporting Countries (OPEC). ....

United States , France General , Abu Dhabi , Abuz Aby , United Arab Emirates , Saudi Arabia , City Of , United Kingdom , Noah Browning , William Maclean , Nick Stansbury , Verisk Maplecroft , Ron Bousso , Dmitry Zhdannikov , Alex Lawler , Exxon Mobil Corp , Energy Aspects , Saudi Aramco , European Union , Chevron Corp , Abu Dhabi National Oil Company , Royal Dutch Shell , International Energy Agency , Organization Of The Petroleum Exporting Countries , Shell Dutch , Saudi Led Organization ,

OPEC, Russia seen gaining from climate activist wins

OPEC, Russia seen gaining from climate activist wins
06/01/2021 | 12:27pm EDT
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LONDON (Reuters) -Climate activists who scored big wins against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia.
Defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to cut carbon emissions faster. That s good news for the likes of Saudi Arabia s national oil company Saudi Aramco, Abu Dhabi National Oil Co, and Russia s Gazprom and Rosneft.
It means more business for them and the Saudi-led Organization of the Petroleum Exporting Countries (OPEC). ....

United States , France General , Abu Dhabi , Abuz Aby , United Arab Emirates , Saudi Arabia , Dmitry Zhdannikovediting , Noah Browning , William Maclean , Verisk Maplecroft , Ron Bousso , Dmitry Zhdannikov , Alex Lawler , David Holmes , Saudi Energy , Exxon Mobil , Energy Aspects , Saudi Aramco , Royal Dutch Shell , International Energy Agency , Organization Of The Petroleum Exporting Countries , European Union , Abu Dhabi National Oil Co , Saudi Led Organization , Petroleum Exporting Countries , Amrita Sen ,