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The Panama Canal Has Become a Traffic Jam of the Seas
More than 200 vessels are stuck on either side of the waterway as a serious drought cuts crossings. Source link
Lockheed Martin Wrestles With Supply-Chain Issues to Arm Ukraine
Sales of the defense company’s long-range missiles known as the Guided Multiple Launch Rocket System fell in the latest quarter from a year ago. Source
Fossil-Fuel Veterans Find Next Act With Green Hydrogen
Executives see similarities between the nascent industry and the early days of liquefied natural gas. Source link
JPMorgan, Delta, Amazon: Stocks That Defined the Week
Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link
Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the
Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the
Delta Reports Quarterly Loss, Projects Strong Summertime Travel
Business Earnings Airlines say travel appetite is holding up despite worries about inflation, layoffs Source link
Exxon Deal Hunt Signals Possible Shale M&A Wave
A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash to work. Source link
Occidental Petroleum Plans to Suck Carbon Dioxide From the Air—So It Can Keep Pumping Oil
Petroleum giant says its plan to capture and store carbon dioxide will give it leeway to invest in fossil fuels A direct-air capture facility by
ExxonMobil: Eyes on the Permian Prize
ExxonMobil was once known for exploring for oil in all sorts of exotic places, but right now its own back yard is looking like the
