Agriculture & Energy
Chevron Targeting to Restart Production In Saudi-Kuwait Oil Field
Reportedly, Chevron Corp is targeting to restart oil production in the partitioned zone between Saudi Arabia and Kuwait, informed Executive Officer Mike Wirth in an interview with the CNBC. The zone capable of producing as much as 500,000 barrels a day has been kept closed for at least four years du...
Sep 20, 2019
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“7-3 Vote” Vista Partners Daily Market Recap 9/18/19
Well, we got it, folks. Yes, the Fed met again today and voted 7-3 to raise interest rates for the second time this year by another .25 basis points to 1.75-2%. This move was as the market had widely expected. President Trump also continued to tell the Fed tht they have it all wrong stating "Jay Pow...
Sep 18, 2019
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“Fed Up Next” Vista Partners Daily Market Recap 9/17/19
The broad markets finished higher again today, except for the Russell 2000, the small-cap stock market index representing the bottom 2,000 stocks in the Russell 3000 Index which moved lower by .40% or 6.31 points closing at 1,578.29. the overall positive move came about with the impending interest...
Sep 17, 2019
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Exxon Set To Exit Operations From Norwegian Fields
Exxon Mobil Corporation (XOM) explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plas...
Sep 06, 2019
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Exxon Open For Merger & Acquisitions To Meet Growing Energy Demands
Exxon Mobil Corporation (XOM) explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plas...
Sep 05, 2019
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Chevron & Qatar Petroleum To Set Up New Plant In Doha
Chevron & Qatar Petroleum have come together and are in agreement for the development of a new petrochemicals complex at Ras Laffan Industrial City. The plant expected to be operational by 2025 will be owned via 30% stake by Chevron and 70% via Qatar Petroleum, as reported and informed by Qa...
Jun 27, 2019
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General Electric To Shutdown California-Based Inland Empire Power Plant
General Electric Company (GE) is an American multinational conglomerate incorporated in New York City and headquartered in Boston & is a worldwide infrastructure and financial services company. It combines outstanding engineering with software and analytics to help the world tackle its big...
Jun 24, 2019
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Chevron Speculates New Tariffs On Mexico May Hurt Imports of U.S. Gasoline & Diesel
Reportedly, Oil Giant Chevron Corporation (CVX) said that the recent implementation of tariffs could affect Mexico’s newly opened market for imports of U.S. gasoline and diesel. Company’s spokesman Braden Reddall stated “Chevron supports free and fair trade and believes the imposition of ...
Jun 01, 2019
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Israeli Billionaire Backed Delek Group Ltd. Buys Chevron’s North Sea Oil & Gas Fields
The Israeli billionaire Yitzhak Tshuva backed energy company, Delek Group Ltd, announced that it is buying Chevron Corp’s North Sea oil & gas fields via a $2 billion deal. The deal marks the beginning of a strategy for Delek to expand its roots beyond its domestic market and transform the ...
May 31, 2019
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Russia Restricts Shipments Of Coal and Gas To Ukraine From Its Territory
Reportedly via Reuters article, Russia has banned shipments via railway from passing through its territory forcing Kazakhstan's state railway company to suspend shipments of LPG and coal to Ukraine. Apart from Kazakh Railway Company, Russia has also restricted its own companies from exporting oil ...
May 27, 2019
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Exxon Pulls Out Officials From Iraq
Reportedly Exxon pulled out 80 officials from Iraq due to the rising tension between the US and Iran. The withdrawal has been termed as “unacceptable and unwarranted” by the Iraqi energy minister and he has demanded clarification and the return of the officials. Thamir Ghadhban Iraq’s Oil...
May 19, 2019
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Select Shareholders Withdraw Current Support Over Re-election Of Exxon Directors
Exxon Mobil Corporation (XOM) explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plas...
May 06, 2019
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Will The $250 Million Deal Between Royal Dutch Shell & BP Over Shearwater Be Completed?
As per industry sources, Royal Dutch Shell intends to buy BP’s stake in the Shearwater oil and gas field. Shearwater, discovered in 1988 is located 225 kilometers east of Aberdeen. At present, Shell holds a 28% stake in Shearwater, 27.5% is under BP while Exxon Mobil (XOM) holds the remaining s...
Apr 25, 2019
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Government Extends No Support To Aramco’s Planned Bond
Saudi Aramco, officially the Saudi Arabian Oil Company, is a Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Arabia. It is the world's most profitable company according to accounts seen by Bloomberg News and one of the largest companies in the world by revenue. Ho...
Apr 02, 2019
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Former BP Oil Trader Ruddin Dhilawala Hired By Exxon
Exxon Mobil Corporation (XOM) explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plas...
Mar 29, 2019
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The Home Depot Recognized for Being a Leader in Climate Action
The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...
Feb 25, 2019
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Major Companies to Boost U.S. Shale Oil Boom
As major companies like Exxon Mobil (XOM) and Chevron (CVX) turn their attention and resources toward the Permian Basin in Texas, the U.S. shale oil boom is likely to continue its growth. Oil giants are increasingly seeing the value in investing in production in the Permian Basin and this investm...
Feb 26, 2019
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