Agriculture & Energy

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 bi...

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...

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 wildfire...

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 oi...

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 plas...

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...

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 ...

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...

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