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Exxon Mobil Buys Pipeline Operator, Making Big Bet on Carbon
Exxon Mobil is buying pipeline operator Denbury for almost $5 billion, a big bet by the oil giant on the business of transporting and storing
Saudi Arabia to Lose Top Spot in OPEC+
The kingdom is set to fall below Russia as the largest oil producer in the alliance as its production cuts begin to bite, tightening the
The Air-Conditioning Boom Comes to San Francisco and the Northwest
Parts of the U.S. unaccustomed to hot summers crank up ACs and pay more for electricity. Source link
Big Automakers Grab $1 Billion Deal for Urgently Needed Battery Metals
Volkswagen and Jeep maker Stellantis are each committing $100 million in a complicated transaction that will create a publicly traded mining company producing nickel and
Big Automakers Grab $1 Billion Deal for Urgently Needed Battery Metals
Volkswagen and Jeep maker Stellantis are each committing $100 million in a complicated transaction that will create a publicly traded mining company producing nickel and
S&P 500 climbs as energy, industrials flex muscles; Inflation data eyed By Investing.com
© Reuters Investing.com — The S&P 500 climbed higher Tuesday, led by a jump in energy and big tech as investors awaited a duo of
Sam Altman-Backed Nuclear Startup Is Going Public Through Altman's SPAC
Oklo, which is developing a small modular nuclear reactor, is valued at around $850 million. Source link
Japan Accuses Australia of Betrayal in Fight Over Natural-Gas Exports
The two U.S. allies, normally close, are trading barbs after Canberra clamped down on carbon emissions. Source link
Italy collects around $3 billion from 2023 energy windfall tax By Reuters
By Giuseppe Fonte ROME (Reuters) – Italy has collected around 2.8 billion euros ($3.07 billion) from this year’s windfall tax on energy companies, people familiar
Icahn Gets Breathing Room From Lenders Following Short-Seller Attack
The deal unties his personal loans from the trading price of his company’s shares, increase his collateral and set up a plan to fully repay