Big oil companies face backlash on both sides...

The Federal Reserve has raised rates for the first time since 2023, and the EU has asked China to restrict exports of hybrid cars as part of a deal to prevent a trade war. Plus, AI has revolutionized warfare.Mentioned in this podcast:Federal Reserve defies Donald Trump with first ...  Show more

US and Chinese experts meet to discuss mitigating AI risks despite an ongoing tech rivalry, and US megadonors are largely backing Republicans in this midterm election season. Plus, Prime Minister Mark Carney strikes out on his pitch for a “unique alliance” between Canada and the ...  Show more

Activist investors installed green-minded board members at ExxonMobil; Chevron’s shareholders pushed a carbon-cutting plan; a Dutch court ruled Shell must cut emissions. We examine <a href="https://www.economist.com/business/2021/05/23/what-a-proxy-fight-at-exxonmobil-says-abo ...

Summary of Recent Energy News: Trump pledges to unlock US energy potential with Alaskan oil and gas in a discussion with Elon Musk. Meanwhile, New Zealand faces a gas shortage that, although beneficial for climate goals, poses economic challenges. Additionally, Peyto has disclose ...  Show more

Strikes on the world’s largest refinery are bad news for the state oil firm ahead of a record-breaking stock listing—and worse news for the proxy war between Iran and America. Another coming listing is that of WeWork; we consider whether the office-rental firm can prove its cr ...

On today's podcast: (1) The EU's Ursula von der Leyen tells Bloomberg China's massive EV subsidies need to be investigated. (2) Rishi Sunak considers pushing back the 2030 ban on new petrol and diesel cars. (3) The CBI calls off its AGM at the last minute, amid 'cash-flow challen ...  Show more