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Chevron To Release Q3 Earnings On Oct 29

As per reports, Chevron Corporation (CVX) will release its Q3 earnings results on Friday, October 29, 2021, at 11:00 a.m. ET (8:00 a.m. PT).  The live webcast can be reached at the company’s website. Interested parties can dial in: Listen-only mode: 929-477-0308 or 800-289-0449 with Conference ...

Chevron & Gevo invest in Sustainable Aviation Fuel

Chevron & Gevo To Jointly Invest In Sustainable Aviation Fuel

Reportedly, Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (CVX), and Gevo, Inc announced a letter of intent to jointly invest in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel, lowering the lifecycle of the carbon in...

Hydrogen Trial Projects

Chevron, Caterpillar Entered Collaboration Agreement To Develop Hydrogen Trial Projects In Stationary Power Applications – $CAT $CVX

Reportedly, Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (CVX), and Caterpillar Inc. (CAT) have entered a collaboration agreement to develop hydrogen trial projects in stationary power applications and transportation applications, including prime power.  The goal of the collaboration i...

Batch Of Sustainable Aviation Fuel

Chevron, Delta Air Lines, & Google Team To Test The First Batch Of Sustainable Aviation Fuel

Reportedly, Chevron Corporation (CVX) plans to produce a test batch of sustainable aviation fuel (SAF) and sell it to Delta Air Lines at the Los Angeles International Airport. The initiative is a part of the partnership companies announced with Alphabet Inc-owned Google to track SAF test batch emiss...

Oil Reserve

U.S Refineries Turn To Country’s Oil Reserve For Support As Gulf Output Remains Shut

As per reports, U.S. is granting a second refiner in Louisiana access to the country’s emergency crude stockpiles. Placid Refining Co. will receive 300,000 barrels of crude from the Strategic Petroleum Reserve, as many oil-producing platforms in the Gulf of Mexico remain offline after the region h...

Methane-Emissions Monitoring Platform

Duke Energy, Microsoft & Accenture Come Together To Develop A Unique Methane-Emissions Monitoring Platform

Reportedly, Duke Energy is working with Accenture and Microsoft (MSFT) to develop a unique technology platform designed to measure actual baseline methane emissions from natural gas distribution systems. The news platform will provide near-real-time data collection, allowing Duke Energy's field resp...

Chevron Reports Highest Profits In 6 Quarters – Resumes Buybacks

Reportedly, Chevron Corporation (CVX) reported its highest profit in six quarters, reporting oil and gas production unit earnings of $3.18 billion in the quarter compared with a loss of $6.09 billion a year ago. Total production increased 5% to 3.13 million barrels of oil equivalent per day, while C...

Chevron Announces Appointment Of Eimear Bonner As Vice President

Reportedly, Eimear Bonner has been appointed as vice president, Chevron Corporation (CVX) reporting to CEO & Chairman Michael Wirth, effective August 2. Bonner will continue as president, Chevron Technical Center, and chief technology officer, leading the application of technology, research and ...

Chevron’s New Energy Transition (‘Low-carbon Investments’) Unit To Come Into Effect From Aug 2

Reportedly, Chevron Corporation (CVX) announced the creation of a new unit to take care of its low-carbon investments, with an initial focus on alternative energy sources like hydrogen and technologies including carbon capture. The unit is to come into operations from August 2 and will be headed by ...

Chevron To Pay Quarterly Dividend On Sep 10

As per reports, the Board of Directors of Chevron Corporation (CVX) announced a quarterly dividend of $1.34 per share to all common stock holders as on August 19, 2021. The dividend is payable on September 10, 2021.   Dow 30 component Chevron Corporation (CVX), through its subsidiarie...

Chevron Misses Carbon Capture Target At Its Gorgon Australia Plant

As per reports, Chevron Corporation's (CVX) system at the $54 billion Gorgon liquefied natural gas export plant in Australia missed a local government target to inject captured carbon dioxide underground. Global expectation and ambition to capture and store carbon dioxide is not working like it shou...

Chevron Corporation Announces Q2 Earnings Call Release Date

Chevron Corporation (CVX) is scheduled to host its Q2 earnings conference call on Friday, July 30, 2021, at 11:00 a.m. ET (8:00 a.m. PT). The webcast can be reached at www.chevron.com. Other Details: Dial-in # (Listen-only mode): 646-828-8156 or 800-289-0585 Conference ID #: 8697566 Speakers: J...

Chevron Commits $3B By 2028 For The Future Of Low Carbon Energy

Reportedly, Chevron Corporation (CVX) has committed $3 billion by 2028 to advance its energy transition strategy. The oil giant is seeking to lower carbon intensity, increasing renewables, and offsets in support of their business, and also investing in low-carbon technologies. More info can be reac...

Chevron Allowed To Continue Restricted Operations In Venezuela

Reportedly, Chevron Corporation (CVX), the last major U.S. oil company still operating in Venezuela, received a new U.S. government license allowing it to continue operations in Venezuela until Dec. 1, informed the Treasury Department. The previous deadline was June 3. In 2019, the United States imp...

Israel Government Orders Push Chevron To Restart Operations At Offshore Tamar Natural Gas Platform

As per reports, Israel's energy ministry has instructed Chevron Corporation (CVX) to restart operations at the offshore Tamar natural gas platform almost after nine days after it was shut on May 12 as per government instructions, due to Israel-Gaza unrest in the region. Chevron holds a 25% stake in...

Chevron & Noble Midstream Partners LP Announce Complete Merger

Reportedly, Chevron Corporation (CVX) and Noble Midstream Partners LP announced the completion of the previously announced acquisition, resulting in Noble Midstream as an indirect, wholly-owned subsidiary of Chevron. Noble Midstream’s common units will not be listed on the Nasdaq Global Select Mar...

Chevron Quarterly Earnings Recover- Raises Dividend By 4%

Chevron Corporation (CVX) reported better than expected first-quarter earnings recently, with an adjusted EPS of 90 cents per share and revenue of $32.03 billion, ahead of $30.37 billion estimates. Net income stood at $1.377 billion, a 62% decrease year over year. Last quarter, Chevron posted a $665...

Caterpillar Announces Retirement Of 2 Long-Time Board Members & Addition Of CEO Of Cargill To Board

As per reports, Caterpillar, Inc. (CAT) has announced the retirement of its 2 long-time members of the board of directors, Juan Gallardo and William (Bill) Osborn, along with the election of Cargill Board Chair and CEO, David MacLennan to the board, effective April 14, 2021. Gallardo, 73 was electe...

Chevron’s Australia Gorgon Train 3 To Be Shut Down In Q2

As per reports, Chevron Corp (CVX) plans to shut down Train 3 at the Gorgon liquefied natural gas plant off Western Australia in the second quarter for weld inspections and maintenance. Problems were discovered in propane kettles in Trains 1 and 2 at the three-train, 15.6 million tonnes a year plant...

Chevron Invests In Sweden’s Baseload Capital AB, A Geothermal Development Company

Reportedly, Chevron Corporation (CVX) has announced an investment in a Sweden-based private investment company, Baseload Capital AB, building on the development and operation of low-temperature geothermal and heat power assets. The investment includes existing Baseload Capital investors Breakthrough...

Green Hydrogen Solutions Company Plug Power Q4 Highlights & Yearly Strategic Investments

Plug Power (PLUG) reported $337M Q4, 2020 in Gross Billings for 2020, an increase from 42.5% year over year. It further announced multiple partnerships and executed strategic acquisitions, establishing a global platform as a Green Hydrogen Solutions Company. As announced earlier, reported revenue a...

Plug Power & Universal Hydrogen Expand Partnership To Pushing Green Hydrogen to Become Cost-Competitive

Reportedly, Power Inc. (PLUG) has expanded its partnership with Universal Hydrogen Co., a pioneer in hydrogen aviation. Both the companies had previously announced a partnership to develop a fuel cell-based hydrogen powertrain for regional aircraft. The recent investment addition by Plug Power will ...

VP WATCHLIST PROGRESS REPORT: Chinook Therapeutics (KDNY), INVO Bioscience (INVO), PLUG Power (PLUG)

The VP Watchlist currently contains 10 coverage companies that we believe deserve consideration for short term and long term portfolio additions. Here are today's updates on 3 of the companies from the list.  Chinook Therapeutics, Inc. (NASDAQ: KDNY) ($17.23, +4.17%) and Evotec SE today announc...

Plug Power To Extend Footprint in New York With New State-Of-The-Art Green Hydrogen Production Facility

Reportedly, Plug Power Inc (PLUG) a leading provider of turnkey hydrogen solutions building the global green hydrogen economy is further expanding its footprint in New York with the construction of its new state-of-the-art green hydrogen production facility and electric substation in the New York Sc...

Plug Power Partners With SK Group In A $1.6B Investment To Accelerate Hydrogen As An Alt-energy In Asian Markets

Reportedly, Plug Power Inc. (PLUG) and SK Group one of the leading South Korean business groups, announced the completion of the $1.6 billion capital investment partnership aimed at accelerating hydrogen as an alternative energy source in Asian markets. The executives of SK and Plug Power had a virt...

Chevron’s New Fund To Invest $300 Million Targeting Low-Carbon Technology Initiatives

Reportedly, Chevron Corp (CVX) has launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas aim to invest more in green energy and manage climate change. Energy giants are working on exploring investments in renewable energy & green technology reducing gre...

bp Collaborates With IBM Quantum Network Encouraging Use Of Quantum Computing In Energy

As per reports, bp has joined the IBM Quantum Network (IBM) to enhance the use of quantum computing in the energy industry. As an industry partner, bp will have access to IBM's quantum expertise, software, and cloud-based access to the largest universal quantum system available with a premium 65-qub...

S&P Lowers Grades Chevron & Exxon Regarding Climate Risk

As per reports, S&P Global Ratings has lowered credit ratings of top U.S. oil producers including Chevron Corp (CVX), Exxon Mobil Corp, and ConocoPhillips, slipping the ratings to 'AA-,' due to the rising risk from energy transition and volatile commodity prices. The oil sector posted billions ...

Plug Power & ACCIONA Enter A Joint Venture Building Green Hydrogen Platform For Iberia

As per reports, Plug Power Inc. (PLUG) a global leader in hydrogen fuel cell systems and fueling solutions, and ACCIONA S.A, a global leading supplier of sustainable infrastructure solutions have entered a 50-50 joint-venture to be headquartered in Madrid. The Joint Venture will be a leading green ...

Plug Power $2B+ Raise Pushes Total Cash Balance To Over $5B

As per reports, the leader in a provider of hydrogen engines and fueling solutions enabling e-mobility, Plug Power Inc. (PLUG) recently announced the completion of its previously announced upsized offering of 32,200,000 shares including the underwriters with an option to purchase an additional 4,200...

Chevron Offers To Acquire The Balance of Noble Midstream Partners LP

Reportedly, Chevron Corporation (CVX) has offered to buy the shares of Noble Midstream Partners LP that it does not already own for about $422 million, further tightening the integrated relationship. Chevron owns a majority of Noble Midstream with a 62% stake following its last year’s acquisition ...

Chevron Announces Quarterly Dividend Date

The Board of Chevron Corporation (CVX) announced a quarterly dividend of one dollar and twenty-nine cents ($1.29) per share to all common stockholders at the close of business on February 17, 2021, payable on March 10, 2021. Dow 30 component Chevron Corporation (CVX), through its subsidiaries, en...

Chevron Reports Q4 Losses Of $11 Million

U.S Oil Giant, Chevron Corporation (CVX) reported Q4 results with an $11 million loss pushed by acquisition costs, low margins on fuel, and foreign currency effects.  The company was, however, quick to respond to the crisis last year as it reduced 15% of its global workforce, cut down new project o...

Caterpillar Completes Acquisition Of Weir Oil & Gas, Introduces SPM Oil & Gas

Reportedly, Caterpillar, Inc. (CAT) has completed the acquisition of the Oil & Gas Division, "Weir Oil & Gas" of the Weir Group PLC, a Scotland-based global engineering business. SPM Oil & Gas, Headquartered near Fort Worth, Texas will continue to produce flow iron, a full line of pumps,...

Chevron Corporation Announces Q4 Earnings Release Date For Friday, January 29, 2021

As per reports, Chevron Corporation Corp (CVX) to conduct its fourth-quarter earnings conference call at 11:00 a.m. ET / 8:00 a.m. PT, on Friday, January 29, 2021. The event can be reached live at www.chevron.com. The meeting will be conducted by the senior leadership team. Interested parties can d...

Apple’s Cook Urges For Stronger Corporate/Government Climate Goals At U.N. Summit

As per reports, Tim Cook, Apple (AAPL) CEO has proposed businesses and the government to implement firm climate targets starting next year at the United Nations' Climate Ambition Summit. The chief did not specify goals but informed that Apple is assisting 95 of its suppliers to move to renewable ene...

Chevron Seeking To Lower Carbon Emissions While Raising Shareholder Returns

As per reports, Chevron Corporation (CVX) is working to achieve a lower carbon energy system, and lessen dependence on fossil fuels embracing a lower carbon future, informed its CEO, Mike Wirth in a CNBC interview. The company is seeking to provide high returns to shareholders while lowering carbon...

Chevron Revenues Declined As Oil Prices Were Hard-hit By Pandemic

Chevron Corporation (CVX) reported a $207 million loss in Q3 and a 32% decline in revenue year over year, as oil prices were hard-hit by the pandemic. However , the company earned 11 cents per share, far ahead of the 27 cents per share loss expected by analysts. Revenue of $24.45 billion was also re...

Chevron Wins $4.2B Acquisition Deal For Noble Energy

Reportedly, Shareholders of Noble Energy have agreed to sell the oil and gas producer to Chevron Corp (CVX), placing Chevron at the 2nd spot as the U.S. shale oil producer behind EOG Resources and marks the first big energy deal since the coronavirus reduced global fuel demand.  The deal valued at ...

Microsoft & Shell Unite To Accelerate Their Combined Mission To Reduce Carbon Emissions

Shell International Petroleum Company Limited and Microsoft Corporation (MSFT) have entered a new strategic alliance to create, develop, and deliver new solutions to assist customers, suppliers, and other businesses lower carbon emissions. The collaboration is expected to help Shell's ambition to be...

Chevron Re-elects Jon Huntsman Jr To Its Board Of Directors

Reportedly, Chevron Corporation (CVX) has re-appointed Jon Huntsman, Jr. to Chevron’s Board Of Directors, effective September 15, 2020. Huntsman, 60, will serve on the Management Compensation Committee and the Public Policy Committee. Huntsman had earlier served on the company's board for three y...

ExxonMobil Fuels & Lubricants Company President Bryan Milton To Retire Sept. 1

As per reports, Bryan Milton to retire as president of ExxonMobil Fuels & Lubricants effective September 1, 2020. The board of Exxon Mobil Corporation has appointed Ian Carr as the new president of ExxonMobil Fuels & Lubricants Company and as Vice President of Exxon Mobil Corporation. "We...

Chevron Commences Evacuation From Gulf Platforms Ahead Of Two Tropical Cyclones

As per reports, Chevron Corporation (CVX) is evacuating offshore personnel from its offshore oil facilities as two tropical cyclones head toward the U.S Gulf of Mexico. The company is evacuating and initiating shut-in procedures at its Big Foot, Genesis, Jack/St. Malo and Tahiti platforms and removi...

Chevron’s Future Energy Fund Invests In Fusion Technology Focused Zap Energy Inc.

As per reports, Chevron Corporation (CVX) disclosed a Series A investment in a Seattle-based start-up company, Zap Energy Inc via its Future Energy Fund. The investment from the Chevron Technology Ventures’ marks an opportunity to build on the company’s diverse portfolio of low-carbon energy res...

Chevron’s Gorgon LNG Plant To Be Inspected By Australian Regulator

Reportedly, Chevron Corporation (CVX) has been issued orders by a Western Australia regulator to inspect some trains at its Australian Gorgon liquefied natural gas plant for the propane heat exchangers. Earlier last month, Australia's Department of Mines, Industry Regulation and Safety (DMIRS) were ...

Chevron Reported $8.27B Q2 Net Loss

Chevron Corporation (CVX) released Q2 earnings, reporting a net loss of $8.27 billion, or $4.44 per share for the quarter ending June 30 in comparison to a net income of $4.31 billion, or $2.27 per share, a year earlier. The company took charges of $5.2 billion due to a drop in oil prices caused by ...

Buffett’s Berkshire Increases Footprint In US Interstate Natural Gas Business With Dominion Purchase

Reportedly, Warren Buffett’s Berkshire is all set to buy the natural gas transmission and storage assets of Dominion Energy for $4B, including the assumption of debt, the deal total balloons to almost $10 billion. The deal marks the first major purchase of the conglomerate since the coronavirus pa...

Chevron Completed The Acquisition of Australia’s Puma Energy Holdings Pty Ltd For AU$425M

As per reports, Chevron Australia Downstream Pty Ltd., an entirely owned subsidiary of Chevron Corporation (CVX) announced the acquisition of Puma Energy (Australia) Holdings Pty Ltd from Puma Energy Asia Pacific B.V. comprising of all shares and equity interest for AU$425 million. The acquisition a...

Chevron Plans To Cut Production In May & June

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. Chevron recently reported quarterly earnings last week, cutting down its 2020 capital spending plan. The U.S oil giant reported earnings per share of $1...

Popular Meat Alternative Producer Beyond Meat (BYND) Beats Q1 Earnings & Stock Pops!

Beyond Meat reported Q1 earnings that beat wall street analyst expectations today as concerns about a meat-shortage grow as the COVID-19 pandemic continues to place pressure on the meat supply chain. BYND's results came in as follows: Net Sales: $97M vs. estimates for $88.2M Gross Margin: 38....

ExxonMobil To Release Q1 2020 Financial Results on May 1

As per reports, Exxon Mobil (XOM)  is scheduled to release Q1-2020 financial results on Friday, May 1, 2020. Chairman & CEO, Darren Woods and Vice President & Secretary, Stephen Littleton to address and review the results during a live, listen-only conference call at 8:30 a.m. CT. The eve...

Exxon Raised Debt Of $9.5B In Order To Stock Up Cash

As per reports, U.S oil giant Exxon Mobil (XOM) Corporation raised $9.5 billion in new debt as it seeks to boost its finances as debt markets remain open to new deals. The company raised $9.5 billion by selling five different bonds with duration ranging from five years to 31 years. Last year in Augu...

ExxonMobil Attempting to Reduce Methane Emissions With Tech

As per reports, Oil major Exxon Mobil (XOM) Corporation is conducting field trials of eight methane detection technologies along with satellite monitoring in order to reduce greenhouse gas emissions. The project is being carried out in 1,000 sites in Texas and New Mexico along with drones, helicopte...

Chevron Announces May 1, 2020 Q1 Earnings Call

As per reports, Chevron Corporation (CVX) is set to hold its quarterly earnings conference call on Friday, May 1, 2020, at 11:00 a.m. ET. The event to be presented by Vice President and Chief Financial Officer, Pierre Breber and Wayne Borduin, General Manager, Investor Relations. Interested parties ...

Chevron Reports Q4 $6.6B Loss Due To Write-Offs

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. Chevron reported a loss of $6.6Bn loss due to $10.4 billion write-offs related to its shale gas production, primarily in Appalachia as reported in its Q...

Scientists Reveal Exxon’s Natural Gas Well In Ohio Released Large Methane Leak

Exxon Mobil (XOM) Corporation is a global oil and natural gas company.  Founded in 1870 and headquartered in Irving Texas, Exxon Mobil explores for and produces crude oil and natural gas, manufacture and markets commodity petrochemicals, and transports and sells crude oil, natural gas, and petroleu...

Israel’s Ithaca Completes Acquisition Of Chevron’s North Sea Oil & Gas Fields

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. Reportedly, Ithaca, a subsidiary of Israel's Delek Group announced the acquisition of most of Chevron's British North Sea oil and gas fields for $2 bill...

CEO Michael Wirth Confirmed That Chevron Is Adding $100k Towards Relief Efforts Of California Wildfires

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. Reportedly, Chevron is set to contribute $100,000 from the Chevron Global Community Fund to the American Red Cross for the relief efforts for wildfires ...

ExxonMobil & FuelCell Agree To Boost Carbonate Fuel Cell Technology For Capturing Industrial Facility Carbon Dioxide Emissions

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 plastics...

Exxon Reports Q3 EPS of $.75

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 plastics...

Chevron Reports Q3 Results – Sees Dip In Earnings

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. Chevron announced Q3 earnings recently reporting earnings of $2.6 billion, a 36% decline in earnings in comparison to a year earlier due to falling oil ...

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...

“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...

“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...

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 plasti...

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...

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...

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...

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 ...

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 ...

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 ...

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...

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...

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...

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...

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...

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...

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 ...

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