Daily Standup Top Stories Chevron Targets $6-8 bln In Free Cash Flow Growth By 2026 January 8, 2025 Clark Savage Chevron Corp.(NYSE:CVX) is well positioned to grow its free cash flow by $6 billion to $8 […]
The new-vehicle shortages of 2021-2022 now mean lower supply to the used-vehicle market, amid solid demand. By Wolf Richter for WOLF STREET. Used-vehicle prices, which had spiked over the two-year span 2020-2021 by 65% on the wholesale side […]
Chevron Corp.(NYSE:CVX) is well positioned to grow its free cash flow by $6 billion to $8 billion by next year, and lower expenses by “a couple billion dollars,” Chevron CEO Michael Wirth announced on Wednesday. America’s second […]
The head of Germany’s Federal Environment Agency (UBA) renewed calls for carbon revenues to be returned to citizens, as the agency announced that the country’s carbon pricing scheme raised €13 billion from heating and […]
Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months. In a […]
Shell announced this in its fourth-quarter update note on Wednesday. “Trading and optimization results are expected to be significantly lower than Q3 2024, driven by the (non-cash) impact of expiring hedging contracts,” the UK-based firm […]
This enabling agreement sets the terms, conditions, and commercial framework for Chart to provide LNG equipment, technology, and services for ExxonMobil’s global portfolio of projects. Specifically, the agreement includes the supply of cold boxes, as […]
In light of this scenario, the Fed has been backpedaling on rate-cut expectations for two months. By Wolf Richter for WOLF STREET. October’s majestic jump in job openings was revised even higher, and in November, job openings jumped […]
Phillips 66 has signed a deal to acquire EPIC Y-Grade GP LLC and EPIC Y-Grade LP for $2.2 billion, expanding its midstream footprint in the Permian Basin. The two, part of EPIC Consolidated Operations LLC, […]
Indonesia has become a full-fledged member of the group, the its current rotating chair country, Brazil, has announced Indonesia has formally joined BRICS as a full member, Brazil, which currently holds the group’s rotating presidency, […]
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