Energy

$14 Billion Deal to Create Mega-Pipeline Company

HS 15/05/2023

The major energy deal will combine Oneok and Magellan, forming the second-largest U.S.-based pipeline company by stock-market value. Source link

WSJ News Exclusive | Exxon Goes Lean With End of ‘God Pod’ Era

HS 14/05/2023

The oil company’s top management will inhabit a less-lavish executive suite at its glass-dominated campus near Houston. Source link

U.S. Trade With World Rose in March on Energy, Auto Shipments

HS 04/05/2023

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Rise of EVs Drives Mining Deals to Decade High

HS 22/04/2023

Mining companies are back at the deals table as they battle for control of commodities essential for making electric cars...

Rocket Motor Shortage Curbs Weapons for Ukraine

HS 18/04/2023

BusinessEarningsLockheed Martin projects steady Ukraine-driven sales in 2023 Source link

Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts

HS 17/04/2023

Despite U.S. objections, the Gulf countries are using the Russian products internally, including for consumption and refining purposes, and exporting...

Fossil-Fuel Veterans Find Next Act With Green Hydrogen

HS 15/04/2023

Executives see similarities between the nascent industry and the early days of liquefied natural gas. Source link

Glencore Returns to Acquisitions With Offer for Teck Resources

HS 04/04/2023

BusinessCanadian miner rejects unsolicited offer from Swiss-based commodity company Source link

Europe Moves to Revive Mining to Cut Reliance on China

HS 18/03/2023

Competition for supplies of minerals and metals—and anticipated battery demand—is pushing the European Union to jump-start an industrial sector that...

Europe Unveils Clean-Tech Plans in Bid to Rival U.S., China

HS 16/03/2023

The European Commission’s proposals are aimed at making its industries more globally competitive in emerging environmental sectors. Source link

Saudi Aramco Posts Record $161 Billion Profit for 2022

HS 12/03/2023

Saudi Arabia’s national oil company reported the largest profit by an energy firm, continuing a dramatic turnaround for the industry...

War in Ukraine Drives New Surge of U.S. Oil Exports to Europe

HS 27/02/2023

MarketsCommoditiesOil MarketsWith the West mostly shunning Russia’s oil and gas, U.S. crude exports increase Source link

Frackers Increase Spending but See Limited Gains

HS 26/02/2023

U.S. oil and gas producers raked in profits last year, but inflation and inventory cloud their 2023 prospects. Source link

North African Countries Snap Up Russian Oil Products Shunned by West

HS 25/02/2023

BusinessSome Russian cargo is being exported back to Europe, analysts suspect Source link

BP Slows Transition to Renewable Energy as Oil Bonanza Continues

HS 07/02/2023

The company said it would slow its transition to lower-carbon energy, as oil-and-gas production helped push the company to a...

Adani Offshore Investor Has Links to Adani Family

HS 04/02/2023

BusinessAsiaA short seller’s allegations of fraud by Gautam Adani’s conglomerate center on whether his family wielded influence over Mauritius-based investors...