OKLAHOMA CITY, June 22, 2022 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) today announced that its Board of Directors has doubled its previously announced repurchase program authorization from $1 billion to up to $2 billion in aggregate value of its common stock […]
Elon Musk, the billionaire visionary and oftentimes erratic entrepreneur, struck a sober tone Tuesday as he forecast a probable recession in the US and left doubts about his commitment to a $44 billion takeover of Twitter […]
The heads of France’s big energy companies on Sunday urged individuals and businesses to limit power consumption immediately to prepare for a looming energy crisis. “We need to work collectively to reduce our consumption in […]
The Biden administration is considering triggering tougher anti-smog requirements that could curb drilling across parts of the Permian Basin, the world’s biggest oil field that straddles Texas and New Mexico. The Environmental Protection Agency is weighing labeling parts […]
Source NPR: President Biden and Big Oil are at each other’s throats. At a time when gas prices are at the highest level in history, hurting regular Americans, he points out that Big Oil companies […]
ENB Publishers Note: If the government can regulate the refineries out of business, why would they want to give the profits back to everyone and not even have operating capital to upgrade equipment to improve […]
Exxon Mobil CEO Darren Woods warns that an abrupt transition to renewable energy will cause society to “pay a high price.” The national average price for a gallon of gasoline is currently nearly $5, causing strife for […]
US Treasury Secretary Janet Yellen is at the forefront of calls for a cap on Russian oil export prices. Sounds like a great idea. Just don’t expect it to work. Here’s the problem. Russia earns […]
Germany is pushing for Group of Seven nations to walk back a commitment that would halt the financing of overseas fossil fuel projects by the end of the year, according to people familiar with the […]
Austin, Texas and and Sofia, Bulgaria (June 17, 2022) — LEAD Consult, a specialist in providing enterprise service bus solutions, business and IT consulting services to the energy and financial sectors, is proud to announce […]
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