The rapid boom in oil markets has pushed crude oil prices to their highest level since the onset of the coronovirus epidemic, driven by production restrictions and demand recovery. Brent-crude futures, the …
Read More »Stocks rally, retail growth takes silver to eight-year high
NEW YORK (Reuters) – Last week’s sharp sell-off in global stocks and silver prices rebounded on Monday as retail investors expanded their social media-fueled battle with Wall Street for eight years to …
Read More »Exxon, Chevron CEO Discusses Merger
Exxon Mobil Chief Officer Corp XOM -2.65% And chevron Corp CVX -4.29% The combination of oil giants was talked about after the epidemic last year shook the world, according to people familiar …
Read More »Exxon, Chevron CEO Discusses Merger
Exxon XOM Chief Officer -2.65% Mobil Corp and Chevron Corp CVX -4.29% Last year talked about a combination of oil giants, according to people familiar with the negotiations, to test for water …
Read More »Biden to suspend new federal oil and gas leasing pending review
WASHINGTON – President Biden plans to halt new oil and gas leases on the federal sector on Wednesday, people familiar with the matter said, setting up a confrontation with the oil industry …
Read More »US stimulus schemes have caused Asian stocks to rise due to the virus’s havoc
SYDNEY (Reuters) – Asian stocks rose on Monday as concerns over rising cases of COVID-19 and delayed vaccine supply stemmed from expectations of a $ 1.9 trillion fiscal stimulus plan to help …
Read More »US stimulus schemes have caused Asian stocks to rise due to the virus’s havoc
SYDNEY (Reuters) – Asian stocks rose on Monday as concerns over rising cases of COVID-19 and delayed vaccine supply stemmed from expectations of a $ 1.9 trillion fiscal stimulus plan to help …
Read More »Oil giant total boy’s stake in world’s largest solar developer
London-French energy giant Total SE said it would pay $ 2.5 billion for a 20% stake in the world’s largest solar developer, the latest move by an oil major to expand into …
Read More »Top US oil lobby on total climate policies
LONDON (Reuters) – France’s Total SE became the first major global energy company to leave the main US oil and gas lobby on Friday due to disagreements over its climate policies and …
Read More »Exxon draws SEC investigation on Permian Basin Asset Valuation
The Securities and Exchange Commission launched an investigation by Exxon Mobil Corp. after an employee filed a whistleblower complaint alleging that the energy giant had sold one of its most important oil …
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