
Here to stay or gone in 30 years? Inside the fight over the future of the oil industry
CNN
The people who made their fortunes in the oil capital of Europe need a new plan.
For decades, Aberdeen, a port city on Scotland's northeast coast, has served as the commercial gateway to the North Sea, where powerful companies have navigated deep and dangerous waters to extract tens of billions of barrels of crude.
But the basin isn't what it used to be, even with oil back above $80 per barrel. Production has been on the decline since the turn of the century. Downturns caused by twin price shocks — one in 2015 and one triggered by the Covid-19 pandemic — are harrowing reminders of what happens when a boom turns bust.

The alleged drug traffickers killed by the US military in a strike on September 2 were heading to link up with another, larger vessel that was bound for Suriname — a small South American country east of Venezuela – the admiral who oversaw the operation told lawmakers on Thursday according to two sources with direct knowledge of his remarks.

The two men killed as they floated holding onto their capsized boat in a secondary strike against a suspected drug vessel in early September did not appear to have radio or other communications devices, the top military official overseeing the strike told lawmakers on Thursday, according to two sources with direct knowledge of his congressional briefings.











