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Home2023

Year: 2023

Ukraine
Zero Edge

Ukraine Claims It Has Entire Battalion Of Russian Citizens Who Rebelled Against Putin

October 27, 2023 Mariel Alumit

Ukraine claims to have formed an entire military battalion of Russian citizens who have revolted against Putin’s government and desire to fight on behalf of Kiev. Bloomberg and others this week have reported on the […]

China
Zero Edge

Profit At China’s Top Wind Firm Slumps 98%

October 27, 2023 Mariel Alumit

By Charles Kennedy of Oilprice.com Lower prices for turbines amid a price war in China have resulted in a 98% plunge in the net profit of the top Chinese wind turbine maker, Xinjiang Goldwind Science […]

Zero Edge

66.6K Venezuelans Crossed Southern US Border Last Month, Surpassing Mexicans

October 27, 2023 Mariel Alumit

In a historic shift in migration trends, nearly 67,000 Venezuelans crossed the southern US border last month – 82% of them illegally – surpassing Mexicans as the largest single nationality attempting to enter the Untied […]

Convoy
Zero Edge

Convoy’s Shutdown Exposes The Desperate State Of Trucking

October 27, 2023 Mariel Alumit

By Rachel Premark of FreightWaves, In my earliest days on the trucking beat, it seemed to me that there was a massive showdown brewing. On one side, I saw stodgy freight brokerages headquartered in places […]

ConocoPhillips
Press

Exclusive: ConocoPhillips weighs CrownRock bid to challenge rivals

October 27, 2023 Mariel Alumit

Yahoo Finance NEW YORK – ConocoPhillips is considering an offer for CrownRock LP, an energy producer in the west Texas area of the Permian basin, people familiar with the matter said, as consolidation in the […]

Petroleum
Press

Warren Buffet snaps up more Occidental Petroleum

October 27, 2023 Mariel Alumit

Oil Price Berkshire Hathaway (BRKA: BRKB) has expanded its stake in Occidental Petroleum (OXY) with a purchase of another 3.9 million shares this week, according to a Securities and Exchange Commission regulatory filing. Source: Reuters Warren […]

Chevron
Press

Guyana government “very supportive” of Chevron megadeal, Hess CEO says

October 27, 2023 Mariel Alumit

World Oil (Bloomberg) – Guyana’s government is “very supportive” of Chevron Corp.’s deal to buy Hess Corp., which owns a large stake in the country’s oil developments, Chief Executive Officer John Hess said in an interview. Source: […]

Press

Chevron’s mega oil deal more expensive than Exxon’s

October 27, 2023 Mariel Alumit

Yahoo Finance Exxon Mobil’s $59.5 billion deal to acquire oil and gas producer Pioneer Natural Resources may have been larger than Chevron’s $53 billion agreement to buy Hess, but it is Chevron that is paying […]

OPEC+
Press

OPEC+ members send less oil to U.S., adding to tight supply outlook

October 27, 2023 Mariel Alumit

Nasdaq NEW YORK – U.S. waterborne imports of crude from OPEC+ members including Saudi Arabia have dropped steadily over the last year, further tightening supplies in the U.S. while supporting other markets including Europe, according […]

Occidental
Exploration and Production

Warren Buffett Snaps Up More Occidental Petroleum

October 27, 2023 Mariel Alumit

Berkshire Hathaway (BRKA: BRKB) has expanded its stake in Occidental Petroleum (OXY) with a purchase of another 3.9 million shares this week, according to a Securities and Exchange Commission regulatory filing. Warren Buffett’s holding company now […]

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