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Exxon Files for Arbitration Over Chevron's Deal for Hess

Dispute involving a stake in an oil project in Guyana intensifies, threatening to scuttle Chevron’s $53 billion deal to buy Hess. Dispute involving a stake in an oil project in Guyana intensifies, threatening to scuttle Chevron’s $53 billion deal to buy Hess. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Exxon Throws a Wrench in Chevron's $53 Billion Deal for Hess

The Texas oil company has said it could pre-emptively match the price Chevron offered Hess for its 30% stake in a booming oil prospect off of Guyana’s coast. The Texas oil company has said it could pre-emptively match the price Chevron offered Hess for its 30% stake in a booming oil prospect off of Guyana’s coast. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source…

Oil Profits Keep Flowing for Exxon and Chevron

U.S. giants join Shell in posting strong earnings, but face an uncertain outlook as countries vow to phase out fossil fuels. U.S. giants join Shell in posting strong earnings, but face an uncertain outlook as countries vow to phase out fossil fuels. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Exxon Sues Two ESG Investors

The oil giant says Arjuna Capital and Follow This want Exxon’s oil-and-gas business to shrink, putting them at odds with shareholders. The oil giant says Arjuna Capital and Follow This want Exxon’s oil-and-gas business to shrink, putting them at odds with shareholders. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

Trump Blames New York AG for Exxon Moving to Texas in 1989

During a break in the closing arguments of his New York civil fraud trial, Donald Trump claimed that Attorney General Letitia James was responsible for forcing the oil and gas conglomerate ExxonMobil to leave the state and move to Texas. There is one small problem with the former president’s accusation: ExxonMobile left New York in 1989, three decades before James assumed the role of attorney general.  Speaking to reporters outside of the courtroom, Trump said James should “be criminally liable for this. She did…

Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments

Exxon Mobil is expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly related to idled assets in California.The oil and gas giant said in a regulatory filing Thursday that it was expecting impairments of $2.4 billion to $2.6 billion in its upstream business.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Exxon Mobilis expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly

Exxon Makes Lithium Play in Long-Term Bet on EV Demand

Exxon Mobilsaid Monday it is starting to drill for lithium in Arkansas and aims to become a major U.S. supplier for makers of electric-vehicle batteries by 2030.  The Texas-based oil company’s entrance into the lithium business, first reported by The Wall Street Journal in May, is an effort to reposition itself long-term for the advent of EVs and electrification in the transportation sector, which it dominated for decades as one of the world’s largest fuel makers. Lithium is a key ingredient in making batteries for EVs,

Exxon and Chevron Stalk More Shale Deals as Profits Dip

The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping for potential acquisitions. The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping for potential acquisitions. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Google, McDonald's, Exxon Headline Busy Earnings Week

A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms. A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the…

Exxon Mobil Buys Pipeline Operator, Making Big Bet on Carbon

Exxon Mobil is buying pipeline operator Denbury for almost $5 billion, a big bet by the oil giant on the business of transporting and storing carbon. Exxon Mobil is buying pipeline operator Denbury for almost $5 billion, a big bet by the oil giant on the business of transporting and storing carbon. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…