Semafor Net Zero: One Good Text
After winning a $20 billion contract with Google, Intersect Power wants to “create a whole new class of real estate.”
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Saudi Arabia dismissed its long-serving oil minister Ali al-Naimi on Saturday, marking the departure of one of the industry’s most powerful figures as the country grapples with weak oil prices.
Businesses seek new revenue streams and brace for slowdown as lower crude weighs on government spending
Saudi Arabia and seven members of Opec+ will triple the volume of barrels they add to the market in June to increase market share
Earlier this month, China convened its “two sessions”—the annual concurrent meetings of the National People’s Congress (NPC), China’s legislature, and the Chinese People’s Political Consultative Congress, a political advisor body.
During a speech at the World Economic Forum in Davos last month, President Donald Trump urged Saudi Arabia and OPEC to increase oil production to lower prices and exert economic pressure on Russia.
China’s demand for oil, long an important driver of global oil demand growth, slowed dramatically during January–September 2024.