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• WoodMac: O&G industry must reverse exploration slump
  According to a new Wood Mackenzie report, investment in oil and natural...
  According to a new Wood Mackenzie report, investment in oil and natural gas exploration has declined by about 66% over the last decade due to negative public perception and restrictive government policies. The authors of the report argue that new discoveries can cut costs, lower Scope 1 and Scope 2 carbon intensity, and unlock value in underexplored basins.
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• Oxy doubles down on lithium extraction with Ark. leases
  Occidental Petroleum has acquired leases in Arkansas' Smackover formation...
  Occidental Petroleum has acquired leases in Arkansas' Smackover formation to expand its direct lithium extraction operations beyond the Salton Sea area of California, where it's set to break ground on the first DLE pilot plant with Berkshire Hathaway Energy this year. Oxy CEO Vicki Hollub sees DLE as a natural extension of the company's brine management expertise and signaled potential global opportunities to license extraction technology.
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• Oil and gas dominate Trump's early priorities
  President-elect Donald Trump plans to set in motion an aggressive agenda...
  President-elect Donald Trump plans to set in motion an aggressive agenda to boost oil and natural gas production and exports immediately after taking office, according to insiders. His strategy includes ending President Joe Biden's pause on new LNG export approvals, expediting permits to drill offshore and on federal lands, expanding lease offerings and dismantling key climate regulations.
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• AccuWeather Winter storm packing snow, rain puts millions of Thanksgiving travelers in Northeast on alert
  A storm centered on Thanksgiving will cause significant travel delays...
  A storm centered on Thanksgiving will cause significant travel delays for tens of millions as it delivers drenching rain to areas along the East Coast and in the lower Ohio Valley. Still, snow will fly and accumulate farther to the north and west, AccuWeather meteorologists warn.
  
  Low cloud ceilings and rain can slow air travel down as well. As the storm pivots through the major hubs in the east, flight delays and cancellations will mount.
  
  
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• Oil up as Israel says ceasefire violated, OPEC+ delays meeting
  LONDON, Nov 28 (Reuters) - Oil prices ticked up Thursday after Israel...
  LONDON, Nov 28 (Reuters) - Oil prices ticked up Thursday after Israel said its ceasefire with Lebanese armed group Hezbollah was violated and Israeli tanks fired on south Lebanon and OPEC+ delayed by a few days a meeting likely to extend production cuts.
  
  Brent crude futures edged up 41 cents, or 0.6%, to $73.24 a barrel by 1251 GMT, while U.S. West Texas Intermediate crude futures were up 35 cents, 0.5%, at $69.07. Trading is expected to be light on Thursday because of the U.S. Thanksgiving holiday.
  
  Israel's military said on Thursday the ceasefire was violated after what it called suspects, some in vehicles, arrived at several areas in the southern zone.
  
  The deal took effect on Wednesday and was intended to allow people in both countries to start returning to homes in border areas shattered by 14 months of fighting.
  
  The Middle East is one of the world's major oil-producing regions, and while the ongoing conflict has not so far not impacted supply it has been reflected in a risk premium for traders.
  
  Elsewhere, OPEC+, comprising the Organization of the Petroleum Exporting Countries and allies including Russia, delayed its next policy meeting to Dec. 5 from Dec. 1 to avoid a conflict with another event.
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