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(Oil Price)– Saudi Arabia’s crude exports soared by 412,000 barrels per day (bpd) in April from March, the latest data by the Joint Organizations Data Initiative (JODI) showed on Tuesday. saudi arabia country international flag blue sky background cloud white banner object freedon government allmiddle eastern culture islam kingdom riyadh election politic identity holiday opec.3d render Saudi Arabia, the world’s top crude exporter, saw its exports in April at an average of 6.17 million bpd, according to the JODI data which compiles self-reported figures from the individual countries. Crude oil production in Saudi Arabia rose by around 48,000 bpd in April…

Grok’s “politically incorrect” update took an extreme turn on Tuesday afternoon after the chatbot began praising Hitler’s leadership, joking about the size of Jewish people’s noses, and tying Ashkenazi surnames to “anti-white hate.”In numerous since-deleted posts on X, Grok doubled and even tripled down on its offensive jokes and comments before eventually reversing course and calling its own posts an “epic sarcasm fail.”Business Insider previously reported that Grok 3 shared several inflammatory responses on X following a recent system update. Elon Musk posted Friday that the bot had been “significantly” improved and that users “should notice a difference” when asking…

The Energy Workforce & Technology Council (EWTC) has formally called on Mexican President Claudia Sheinbaum to address long-standing and growing non-payments by PEMEX to critical oilfield service providers.  In a letter delivered this week to President Sheinbaum, EWTC outlined urgent concerns from its member companies, who together account for more than 60% of PEMEX’s contracted oilfield services work. The Council warned that continued delays in payment, totaling over $1.2 billion USD for 2024 and 2025 alone, are threatening the viability of operations, workforce stability, and future investment in Mexico’s energy sector. “Energy Workforce members have a long history…

WASHINGTON (AP) — Human-caused climate change is responsible for killing about 1,500 people in last week’s European heat wave, a first-of-its-kind rapid study found.Those 1,500 people “have only died because of climate change, so they would not have died if it would not have been for our burning of oil, coal and gas in the last century,” said study co-author Friederike Otto, a climate scientist at Imperial College in London.Scientists at Imperial and the London School of Hygiene and Tropical Medicine used peer-reviewed techniques to calculate that about 2,300 people in 12 cities likely died from the heat in last…

LOS ANGELES (AP) — Results from a union member vote on a tentative contract between video game performers and their employers are expected Wednesday evening.If ratified, the contract would formally end a nearly three-year-long effort from Screen Actors Guild-American Federation of Television and Radio Artists negotiators to obtain a new contract for video game performers. The process, which included an 11-month strike against several major game makers, hinged on how artificial intelligence would affect performers in the industry.If approved, the agreement will deliver pay raises, control over performers’ likenesses and artificial intelligence protections. The contract was first reached in early…

WASHINGTON (AP) — After deadly flooding in central Texas in 1987, some thought they’d proven they could handle Mother Nature’s best punch. Then came this month’s horrific flash floods, when unfathomable amounts of rain fell in only hours and more than 100 people died.Before 2021, the typically temperate Pacific Northwest and western Canada seemed highly unlikely to get a killer heat wave, but they did. Tropical Hawaii once felt an ocean away from drought-fueled wildfires, until it wasn’t. And many in inland North Carolina figured hurricanes were a coastal problem until the remnants of Helene blew in last year.Climate change…

(World Oil)– ExxonMobil expects lower oil and gas prices to reduce the company’s earnings by about $1.5 billion as a volatile quarter for commodity prices weighs on second-quarter profits. Oil prices pulled down earnings by about $1 billion while gas contributed another $500 million hit when compared to the first quarter, the Spring, Texas-based company said in a statement Monday. European rival Shell Plc’s shares fell 3.3% Monday after guiding to “significantly lower” trading earnings than the previous quarter. The two oil giants’ outlook points to a downbeat quarter for the industry, which was already struggling to generate enough free cash to…

(Bloomberg) – The U.S. sees domestic crude output growth slowing more than expected this year as choppy oil prices limit drilling activity.  U.S. crude output is now expected to grow by 160,000 bpd this year to 13.37 million bpd and remain flat in 2026, according to the Energy Information Administration’s Short-Term Energy Outlook released Tuesday. The production forecast for this year represents a drop of about 50,000 bpd from the agency’s previous projections in June. Drilling rigs in the U.S. have been declining steadily and are hovering near four-year lows even as oil prices stabilized after plunging to…

WASHINGTON— U.S. Secretary of Energy Chris Wright and Secretary of the Interior Doug Burgum, vice chair and chair of the National Energy Dominance Council (NEDC), today signed a Memorandum of Understanding (MOU) to advance collaboration on energy and artificial intelligence (AI) with Israel Prime Minister Benjamin Netanyahu and Israel Ambassador to the U.S. Yechiel (Michael) Leiter.“President Trump and the National Energy Dominance Council are excited to announce this partnership on AI and energy security with Israel and the United States, advancing our shared vision of global energy addition and AI innovation,” Energy Secretary Chris Wright said. “This Memorandum of Understanding…

A U.S. Justice Department logo or seal showing Justice Department headquarters, known as “Main Justice,” is seen behind the podium in the Department’s headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023.Kevin Lamarque | ReutersFederal prosecutors have charged two men in connection with a sprawling cryptocurrency investment scheme that defrauded victims out of more than $650 million.The indictment, unsealed in the District of Puerto Rico, accuses Michael Shannon Sims, 48, of Georgia and Florida, and Juan Carlos Reynoso, 57, of New Jersey and Florida, of operating and promoting OmegaPro, an international crypto multi-level…