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HomeFinance

Finance

The State of Copper Recycling
Finance

The State of Copper Recycling in the U.S.

December 13, 2023 Stu Turley

The following content is sponsored by the Copper Development Association The State of Copper Recycling in the U.S. Copper is essential for a low-carbon economy due to its crucial role in renewable energy technologies. As […]

Permian
Exploration and Production

M&A boom sees Permian oil deals surpass $100 billion in 2023

December 13, 2023 Stu Turley

Oil Price The Permian basin saw a surge in mergers and acquisitions this year, with the total value already exceeding a record $100 billion, led by the mega deals announced by ExxonMobil and Chevron, energy […]

Price
Finance

Beneath the Skin of CPI Inflation, November: Core Services Inflation Accelerates on Rents, Insurance, Healthcare

December 12, 2023 Stu Turley

But gasoline plunged and durable goods dropped. Food rose further from already painfully high levels. By Wolf Richter for WOLF STREET. Inflation in services accelerated in November for the second month in a row, to an annualized rate […]

Lithium Demand
Finance

The Lithium Rush: Can We Meet Tomorrow’s Lithium Demand?

December 12, 2023 Stu Turley

The following content is sponsored by the EnergyX Can We Meet Tomorrow’s Lithium Demand? Lithium is one of the world’s most critical natural resources and is central to our push toward sustainable energy. In this […]

Endeavor Energy
Finance

Permian driller Endeavor Energy explores potential $30 billion sale

December 12, 2023 Stu Turley

Yahoo Finance Endeavor Energy Partners is exploring a sale that could value the largest privately-held oil and gas producer in the Permian basin, the top U.S. oilfield, at between $25 billion and $30 billion, according […]

Price
Finance

It’s Like Ford, GM, FCA Got Run Over by a Tesla on Autopilot

December 12, 2023 Stu Turley

The infinite wisdom of the US legacy automakers never ceases to astound. By Wolf Richter for WOLF STREET. Ford today gave another signal in a series of signals – it’s planning to cut production of its F-150 Lightning […]

Price
Finance

PE Firms & Distressed Debt Funds to Get Mall Landlord PREIT in Prepackaged Bankruptcy Filing #2

December 11, 2023 Stu Turley

Now they get to deal with the brick-and-mortar meltdown. By Wolf Richter for WOLF STREET. Publicly traded mall landlord Pennsylvania Real Estate Investment Trust announced today that it filed for a pre-packaged Chapter 11 bankruptcy, after having already […]

Global
ESG

Global Woke Investments Drop $5 Trillion in 2-year Span

December 11, 2023 Mariel Alumit

Global investments using “woke” environmental, social, and governance (ESG) standards led to trillions of dollars of losses in a two-year span, especially in the U.S., according to a recent report. The biannual assessment by the Global Sustainable […]

EU
Energy Crisis

Top EU officials meet with Xi in China summit with trade in focus

December 11, 2023 Mariel Alumit

Top EU officials met Chinese President Xi Jinping in Beijing on Thursday for their first in-person summit in four years to discuss issues ranging from trade imbalances to Ukraine, with an agenda full of tough […]

Big Oil Companies

Occidental to Buy Oil Driller CrownRock for $10.8 Billion

December 11, 2023 Stu Turley

ENB Pub Note: Michael and Stu are filming an episode of the ENB Deal Spotlight on this deal and pushing out on the ENB channels. Stay tuned for an evaluation of a public oil company […]

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