Why U.S. Oil Companies Are Not Plugging the World’s Energy Gap
American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells because they are not sure oil prices will stay high.
American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells because they are not sure oil prices will stay high.
Brent crude futures hit $126.41 on Thursday – a 5 percent rise for the week. Published On 1 May 20261 May 2026 Oil prices are spiking again as efforts to resolve the Iran war remain at an impasse, with Tehran continuing to block the Strait of Hormuz and the United States Navy blockading Iranian ports…
8. Before accepting the part, Streep made a very Miranda Priestly-like move. Despite having already collected two Oscars and another 11 nominations by that point, Streep hadn’t quite mastered the art of asking for more pay. But this time, she spoke up. “The offer was, to my mind slightly, if not insulting, not perhaps reflective…
Treasury yields were unchanged on Friday as investors digested a week of key economic data and policy releases. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was unchanged at 4.390%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, was…
The 2010 Olympic downhill champion said she has “one more surgery left to take out the metal and to replace my [anterior cruciate ligament] ACL” and then a lengthy period of recuperation. “Once I get my ACL fixed, then that’s another six months, so I have at least a year and a half ahead of…
Fuse Games/Secret Mode/Lucasfilm Games Star Wars: Galactic Racer, an upcoming game from former Burnout and Need for Speed developers that was announced at The Game Awards in December, will arrive on October 6. It’s coming to PC, PS5 and Xbox Series X/S. News of the release date…
Exxon Mobil Corp. outperformed expectations after oil-production increases from Guyana and the Permian Basin helped offset supply losses due to the Middle East war.
As economies around the world struggle, oil companies, arms manufacturers and even betting platforms have been posting record profits due to the war on Iran. Al Jazeera’s Yasmeen ElTahan explains. Published On 1 May 20261 May 2026 Click here to share on social media share-nodes Share googleAdd Al Jazeera on Googleinfo
“Chief AI officer” isn’t a classic Hollywood power title like “head of business development” or “social-media crisis manager for when a celeb loses their mind.” But get ready for that to change as more studios and agencies realize they need executives devoted to overseeing AI efforts. Among the first to the campfire is Kathleen Grace….
The Global Sumud Flotilla denounced the interception as “piracy”, while Israel’s foreign ministry called the flotilla a “PR stunt”.