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 […]
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 […]
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 […]
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: […]
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 […]
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 […]
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 […]
Back in April 2022, General Motors and Honda announced they would be expanding their already two-year-old partnership to include a number of affordable electric vehicles — primarily smaller crossover SUVS — built on GM’s platform and powered by its […]
Working gas in underground storage, Lower 48 states Historical Comparisons Stocksbillion cubic feet (Bcf) Year ago(10/20/22) 5-year average(2018-22) Region 10/20/23 10/13/23 net change implied flow Bcf % change Bcf % change East 908 896 12 […]
BRUSSELS, Oct 25 (Reuters) – The European Commission has proposed imposing methane emissions limits on EU gas imports from 2030, a move that would pressure the bloc’s international fossil fuel suppliers including the U.S. to […]
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