Indian Prime Minister Narendra Modi has welcomed improved ties with China as U.S. Treasury Secretary Scott Bessent escalated criticism of the South Asian nation over 'excess profits' from purchases of Russian oil. https://www.japantimes.co.jp/news/2025/08/20/asia-pacific/politics/modi-china-bessent-india-families/?utm_medium=Social&utm_source=mastodon #asiapacific #politics #wangyi #china #narendramodi #india #us #scottbessent #brics #mukeshambani #russia #oil
bhaugen
boosted
Yesterday in 1953, the #US & #Britain carried out a brutal #coup that deposed #MohammadMosaddegh, the popular Prime Minister of #Iran, beloved for his #progressive & pro #workers reform, because he sought to restore national control over the country's #oil reserves.
#Politics#Democrats#Republicans#Liberals#Conservatives#Vote#Election#DemocraticParty#RepublicanParty#DonaldTrump#Trump #JDVance#JoeBiden#Biden#KamalaHarris#TimWalz#Democracy#US#USA#ElonMusk#Musk#Fascism#Fascist
Yesterday in 1953, the #US & #Britain carried out a brutal #coup that deposed #MohammadMosaddegh, the popular Prime Minister of #Iran, beloved for his #progressive & pro #workers reform, because he sought to restore national control over the country's #oil reserves.
#Politics#Democrats#Republicans#Liberals#Conservatives#Vote#Election#DemocraticParty#RepublicanParty#DonaldTrump#Trump #JDVance#JoeBiden#Biden#KamalaHarris#TimWalz#Democracy#US#USA#ElonMusk#Musk#Fascism#Fascist
A reclusive oil merchant dominated Indonesia’s fuel trade for decades. Now he is embroiled in an $18 billion probe that has become a litmus test for President Prabowo Subianto’s anticorruption drive. https://www.japantimes.co.jp/business/2025/08/18/companies/indonesia-gasoline-godfather-graft/?utm_medium=Social&utm_source=mastodon #business #companies #indonesia #corruption #oil #gasoline
“I hope that the people in North Dakota wake up and realize how much money should be in their pockets instead of industry’s pockets,” said Tom Huber, leader of West Virginia’s royalty owner association.
https://www.propublica.org/article/north-dakota-oil-mineral-rights-comparison?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Gert V 🇵🇸
boosted
“The prolonged Nordic #heatwave in July was supercharged by the climate crisis and shows “no country is safe from #ClimateChange”, scientists say.
#Norway, #Sweden and #Finland have historically cool climates but were hit by soaring temperatures, including a record run of 22 days above 30C (86C) in Finland. Sweden endured 10 straight days of “tropical nights”, when temperatures did not fall below 20C (68F).”
Norway #Oil, #gas exports and high temperatures.
#ClimateEmergency 🔥 <https://www.theguardian.com/environment/2025/aug/14/nordic-heatwave-climate-crisis-sweden-norway-finland>
“The prolonged Nordic #heatwave in July was supercharged by the climate crisis and shows “no country is safe from #ClimateChange”, scientists say.
#Norway, #Sweden and #Finland have historically cool climates but were hit by soaring temperatures, including a record run of 22 days above 30C (86C) in Finland. Sweden endured 10 straight days of “tropical nights”, when temperatures did not fall below 20C (68F).”
Norway #Oil, #gas exports and high temperatures.
#ClimateEmergency 🔥 <https://www.theguardian.com/environment/2025/aug/14/nordic-heatwave-climate-crisis-sweden-norway-finland>
Indonesia said it will continue diplomatic talks with Malaysia over the oil-rich blocks in disputed waters instead of pursuing legal action. https://www.japantimes.co.jp/news/2025/08/13/asia-pacific/politics/indonesia-malaysia-disputed-sea/?utm_medium=Social&utm_source=mastodon #asiapacific #politics #indonesia #malaysia #southeastasia #oil #borneo
Oil prices are currently low, but a potential recovery around 2027-2029 is expected as demand growth slows and reduced investment in non-OPEC+ production tightens supply, though further price drops may occur first. https://www.japantimes.co.jp/commentary/2025/08/10/world/there-is-a-bullish-case-for-oil/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #oil #crude #trade #globaleconomy
The airline industry's plans to go green before regulators start penalizing them are little more than a pipe dream. https://www.japantimes.co.jp/environment/2025/08/12/energy/airline-industry-clean-jet-fuel/?utm_medium=Social&utm_source=mastodon #environment #energy #aviation #airlines #oil #biofuel
India's drive to produce more ethanol is prompting its farmers to switch away from growing oilseeds, undermining government efforts in the world's largest buyer of cooking oils to reduce imports. https://www.japantimes.co.jp/business/2025/08/12/markets/india-ethanol-edible-oil-sufficiency/?utm_medium=Social&utm_source=mastodon #business #markets #india #oil #agriculture #ethanol #india #corn #rice #soybeans
Tom
boosted
Hedge funds are betting against oil stocks and winding back shorts on solar in a reversal of positions that dominated their energy strategies over the past four years. https://www.japantimes.co.jp/environment/2025/08/11/energy/hedge-funds-green-energy-oil/?utm_medium=Social&utm_source=mastodon #environment #energy #renewables #oil #hedgefunds #investors #solar #wind
Frustrated by oil companies mysteriously withholding large amounts of royalties, North Dakota mineral owners lobbied for change.
Instead, lawmakers provided an oversight program that, owners say, fails to address the issue it was created to solve.
https://www.propublica.org/article/north-dakota-oil-gas-oversight-mineral-rights?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Hedge funds are betting against oil stocks and winding back shorts on solar in a reversal of positions that dominated their energy strategies over the past four years. https://www.japantimes.co.jp/environment/2025/08/11/energy/hedge-funds-green-energy-oil/?utm_medium=Social&utm_source=mastodon #environment #energy #renewables #oil #hedgefunds #investors #solar #wind
Diplomats and climate advocates warn that efforts by the European Union and small island states to cap virgin plastic production are under threat from petrochemical-producing countries and Washington. https://www.japantimes.co.jp/environment/2025/08/05/sustainability/oil-trump-treaty-plastics-pollution/?utm_medium=Social&utm_source=mastodon #environment #sustainability #oil #plastic #pollution #us #donaldtrump #republicans #environment #oceans
U.S. President Donald Trump has again threatened to raise tariffs on goods from India over its Russian oil purchases, while New Delhi called his attack "unjustified" and vowed to protect its economic interests. https://www.japantimes.co.jp/news/2025/08/05/world/politics/trump-india-tariffs-russian-oil/?utm_medium=Social&utm_source=mastodon #worldnews #politics #narendramodi #india #us #donaldtrump #trade #tariffs #oil #russia #russiaukrainewar #vladimirputin
“You Feel Like You’re Being Cheated”: Oil Companies Unfairly Take Millions, North Dakota Mineral Owners Say
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Oil companies are holding back a large portion of revenue payments to the people they lease drilling rights from, often with little explanation. But the industry has an outsize influence in the state, and public officials have refused to take action.
https://www.propublica.org/article/north-dakota-mineral-owner-royalty-deductions?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
China's independent oil companies are ramping up operations in Iraq, investing billions of dollars in OPEC's number two producer even as some global majors have scaled back from the market https://www.japantimes.co.jp/business/2025/08/04/markets/china-oil-firms-iraq/?utm_medium=Social&utm_source=mastodon #business #markets #china #iraq #oil #fossilfuels
A top aide to President Donald Trump has accused India of effectively financing Russia's war in Ukraine by purchasing oil from Moscow, after the U.S. leader escalated pressure on New Delhi to stop buying Russian oil. https://www.japantimes.co.jp/news/2025/08/04/asia-pacific/politics/trump-aide-india-russia-ukraine/?utm_medium=Social&utm_source=mastodon #asiapacific #politics #stephenmiller #us #donaldtrump #republicans #india #ukraine #russia #russiaukrainewar #narendramodi #tariffs #oil
Some of China’s largest ports have received Iranian crude this year, supporting a multibillion oil trade and highlighting a significant gap in U.S. efforts to curb funds for Tehran’s military. https://www.japantimes.co.jp/business/2025/07/02/chinese-ports-iranian-oil-sanctions/?utm_medium=Social&utm_source=mastodon #business #china #iran #middleeast #oil