LONDON: Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia.
Defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to cut carbon emissions faster. That’s good news for the likes of Saudi Arabia’s national oil company Saudi Aramco, Abu Dhabi National Oil Company and Russia’s Gazprom and Rosneft.
It means more business for them and OPEC.
“Oil and gas demand is far from peaking and supplies will be needed, but international oil companies will not be allowed to invest in this environment, meaning national oil companies have to step in,” said Amrita Sen from Energy Aspects consultancy.
American Jews torn on Israel-Palestine conflict
Yossi Mekelberg
June 01, 2021 22:53
Members of a Jewish community join supporters of the Palestinians during the National March for Palestine demonstration at Lincoln Memorial, in Washington, Saturday, May 29. 2021. (AP)
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Conflicts not only divide opinions, but also sharpen differences of approach and can even cause people to question deep-seated beliefs. The recent flare-up of violence between Israelis and Palestinians has probably split opinions more than ever and this was demonstrated in the protests and media commentary expressing support for one side or the other. One notable change taking place is a shift in American public opinion toward support for the Palestinians, including among American Jewry.