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With CEO Out, BP Faces Choice of Whether to Abandon Push to Go Green
The surprise departure of Bernard Looney presents an opportunity for the oil giant to again prioritize fossil fuels. Source link
Ukraine's Push Into Green Energy Starts With 5,600 Tons of Cow Dung
The agricultural powerhouse wants to turn farm waste into energy to secure supplies and diversify its economy amid the war with Russia. Source link
BP CEO Bernard Looney Resigns
The oil company said Looney was “not fully transparent” about past personal relationships with colleagues. Source link
The Race to Drill America's Longest Oil and Gas Wells
With the shale boom’s end in sight, some companies are trying to impress Wall Street by eking out growth—and drilling ever deeper. Source link
Saudi Arabia's Aramco Considers Selling $50 Billion in Shares
The offering, likely on the Riyadh exchange, would be the largest in the history of capital markets. Similar previous plans have fallen through. Source link
Utilities Face a Growing Dilemma: Shut Off Power or Risk Wildfires
As wildfire risk spreads from Oregon to Hawaii, utilities weigh whether to leave customers in the dark when winds pick up. Source link
Hawaiian Electric Is in Talks With Restructuring Firms
The utility is facing mounting litigation alleging it was negligent before and during the Maui wildfires. Source link
U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada
The levies, announced in response to dumping allegations, could raise prices for canned foods, an industry group says. Source link
Texas Pipeline Firm Adds to Shale Holdings in $7.1 Billion Deal
Energy Transfer said the purchase of rival Crestwood Equity Partners would benefit its natural-gas and crude-oil businesses by adding storage and terminal assets. Source link
Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine
Commodity merchants are pumping billions of cubic meters of natural gas into Ukrainian reservoirs, hoping the war doesn’t disrupt potential profits. Source link