Pump jacks are seen in the Midway Sunset oilfield, California. Lucy Nicholson | Reuters Chronic underinvestment in the hydrocarbons sector will keep global supply tight, the head of the world’s largest oil company warned, suggesting higher future energy prices as China’s reopening and the comeback of the aviation industry gather pace. Asked by CNBC’s Dan
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Dozens of Israeli air force reservists will refuse to turn up to training drills in protest over controversial plans by Prime Minister Benjamin Netanyahu to overhaul the country’s legal system. Demonstrations have taken place nationwide for nine weeks running because of the proposals, which critics have warned would limit the power of judges and weaken
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In this article TTE-FR BP.-GB CVX SHEL-GB XOM Follow your favorite stocksCREATE FREE ACCOUNT Oil companies pulled in record profits in 2022, as oil prices skyrocketed. Revenues for the biggest integrated European and American oil companies nearly doubled during 2021. Profits soared. But that has also spurred backlash from consumer advocates and political leaders. “Oil
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