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Exxon Buys Pioneer for $60 Billion to Create Shale Giant
The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction so far this year. Source
The Oil Patch Is Primed for an Era of Megadeals
A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own. Source link
Cruise Lines Pursue Greener Journeys Ahead of New Climate Rules
As tourists flock to ships and strain port cities, regulators and environmental groups are pushing companies to invest in cleaner tech. Source link
Chevron Labor Dispute Flares Up Again in Australia
Workers at two natural-gas facilities operated by Chevron in Australia have voted to restart industrial action, reigniting a dispute that has rattled global energy markets.
PG&E's $6 Billion Plan to Prevent Wildfires Is in Peril
California regulators are likely to significantly restrict the number of power lines the company can bury in the coming years in favor of other ways
Oil is Near $100. Shale Isn't Coming to the Rescue.
Frackers are constrained by investor payouts, inflation and interest rates, keeping spending in check. Source link
Giant Batteries Helped the U.S. Power Grid Eke Through Summer
States are relying more on batteries to avoid blackouts, and additional projects are coming online soon. Source link
The New Face of Nuclear Energy Is Miss America
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Inside Exxon’s Strategy to Downplay Climate Change
Listen to article (2 minutes) Exxon Mobil issued its first public statement that burning fossil fuels contributes to climate change in 2006, following years of
Fuel Prices Are Soaring: Who Is Feeling the Pinch?
Production cuts made by OPEC and its allies have pushed crude oil to 10-month highs. Source link