"It's alarming that no agency comprehensively looked at the environmental risks of restarting this aging, corroded pipeline, and that Sable steamrolled over orders to halt construction."
Nations with outsized oil production like the US and Saudi Arabia gain economic and military strength, serving as a key indicator of their power on the global stage.
Exxon and Chevron are sticking to their core oil and gas strategy while getting bigger in some of the best assets globally. The near-term outlook for oil and gas feels soft, especially with OPEC poised to move more barrels onto the market.