Huge natural gas bills incurred during the Texas freeze have sparked a series of lawsuits across the country as companies argue over who is responsible for the bill. At least 30 lawsuits …
Read More »As Texas Freeze Gas Bills Due, Prepare Claims
As the shift to green energy accelerates, Shell’s big bet on natural gas is at risk
LONDON – Royal Dutch Shell PLC made a big bet on natural gas as the energy source of the future when it bought BG Group for $ 54 billion. Five years later, …
Read More »For foreign companies in Myanmar, the coup creates an ‘unworkable’ situation
SINGAPORE – Foreign companies in Myanmar struggle to operate in an increasingly volatile environment as the armed forces use deadly violence against a growing protest movement opposing last month’s coup and sections …
Read More »How Brazil could boost its market after the reorganization of Petrobras
A worker at a Petroleo Brasileiro (Petrobras) gas station in Rio de Janeiro, Brazil. Petrobras declined after President Jair Bolsonaro ousted the CEO. Andre Coelho / Bloomberg Text size Brazilian assets were …
Read More »Warren Buffett’s mystery investments are Verizon and Chevron
Text size Warren Buffett, CEO of Berkshire Hathaway. Johannes Eisele / AFP via Getty Images Berkshire Hathaway by Warren Buffett has disclosed sizeable holdings in Chevron Y Verizon Communications in late 2020, …
Read More »Buffett’s Berkshire Hathaway bets billions on Verizon and Chevron
Billionaire Warren Buffett added two more great American brands to Berkshire Hathaway Inc.’s investment portfolio. Buffett’s conglomerate has bought $ 8.6 billion in shares of Verizon Communications Inc., the largest mobile phone …
Read More »Inject new oil Momentum price rally tightening oil supply
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 »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 »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 …
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