Oil and gas acquisitions in the era of capital discipline have often been a matter of “high-grading” portfolios by pushing out lower-return, more carbon-intensive assets. But Chevron CEO Mike Wirth tells Energy Intelligence that his firm’s agreed […]
At a conference about energy finance and the energy transition on May 19, Occidental Petroleum CEO Vicki Hollub stated it plainly, “We will never walk away from oil and gas…and our carbon management business will […]
Climate protesters dragged away from Shell shareholder meeting: ‘Go to hell!’ May 24, 2023 Mariel Alumit Climate change protesters were dragged away as they tried to storm the stage at Shell’s shareholder meeting Tuesday, while activist investors […]
Climate change protesters were dragged away as they tried to storm the stage at Shell’s shareholder meeting Tuesday, while activist investors added pressure with a resolution demanding the global oil and gas giant beef up its emissions […]
Chord Energy Corp. has entered a deal to acquire hydrocarbon development areas in the Williston Basin owned by ExxonMobil Corp. for $375 million. The definitive agreement with XTO Energy Inc. and affiliates, which are ExxonMobil […]
May 22 (Reuters) – Chevron Corp (CVX.N) said on Monday it is increasing its U.S. oil and gas footprint by acquiring shale producer PDC Energy Inc (PDCE.O) in a stock-and-debt transaction worth $7.6 billion. For Chevron, the second-largest U.S. […]
Shell is bracing itself for an agonizing annual meeting next week, where it will attempt to juggle the demands for profits with the bothersome calls to address the climate crisis more forcefully. Shell, that paragon […]
In a world of suffocating snowflakery, ESG hypocrisy and, well… Tranheuser Busch, a corporation telling the truth without fear of reprisals from the Open Society-funded virtue signaling cabal is rarer than an mRNA-injected, genetically engineered […]
Shell should ‘scale back or stop’ less successful ventures. Shell Plc executives are telling their renewable power business that it needs to become more profitable, not just deliver lower carbon emissions, and pull back from the […]
The likelihood of the world reaching net-zero carbon dioxide emissions by 2050 is remote, Exxon said in a U.S. Securities and Exchange Commission communication. The IEA’s 2050 Net Zero Emissions does not “meet the level […]
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