Exxon and Chevron boasted to investors this week about booming U.S. oil production, illustrating how the gap has widened – at least in words – between top American oil and Continue Reading
Traders at the world’s biggest banks are swapping their plush city center offices to work from suburban outposts in New York and London, facing lengthy commutes as their employers attempt Continue Reading
Shipping volumes out of China plummeted in February as factory shutdowns in the wake of the epidemic crimped industrial production. Containership operators have canceled nearly 60 trans-Pacific sailings to the Continue Reading
In this year’s edition of his letter to Berkshire Hathaway shareholders, Warren Buffett had one more success story to share: the story of Berkshire Hathaway Energy, which this year celebrates Continue Reading
U.S. supermajor ExxonMobil maintains its strategy for capital expenditures between US$30 billion and US$35 billion each year through 2025, chairman and CEO Darren Woods said at the company’s annual investor Continue Reading
It’s one of the first signs that the majors are throttling back on production in response to the recent price slump. (Bloomberg) — Exxon Mobil Corp. is slowing the pace Continue Reading
The meteorological winter of 2019-2020 shattered temperature records in Russia and France as well as other parts of Europe and the United States. In Moscow, this was the warmest winter Continue Reading
Akademik Cherskiy left Sri Lanka for Suez on Thursday S&P Global Platts Analytics forecasts first NS2 gas in Q4-20 160 km remains to be laid in Danish waters London — Continue Reading
At the Trump Doonbeg golf course on Ireland’s west coast, the ocean has been inching closer to a private bar overlooking the 18th hole. Since the links opened in 2002, Continue Reading
Oil slipped amid a split between Saudi Arabia and Russia over whether deeper production cuts are required to offset the demand hit from the coronavirus epidemic. Futures fell 0.9% in Continue Reading
