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According to “Global Witness” data, such oil companies as BP, “Shell”, “Chevron”, “ExxonMobil” and “TotalEnergies” have earned 281 billion dollars since the beginning of the war in Ukraine in February 2022. British companies BP and “Shell” have earned a total of 94.2 billion dollars since February 2022. According to Global Witness, this amount is enough … Read more
Oil A shale oil pump in Midland, Texas. — © Tamir Kalifa/nyt A major wave of consolidation is sweeping the long-fragmented US shale oil sector. According to analysts, it is gradually maturing. It is raining billions in takeovers in the American oil sector. With Diamondback Energy purchasing Endeavor Energy for an amount of 26 billion … Read more
Competitive advantage in lithium Although efforts in this endeavor are still at an early stage, Exxon believes that its expertise in liquids exploration and processing could give the company a competitive advantage in sourcing lithium from underground saltwater deposits. Woods said last month that the opportunity to produce lithium from Arkansas’ “smack-over range” looks “increasingly … Read more
31 mei 2023 om 23:02Update: 2 uur geleden Most ExxonMobil shareholders have rejected proposals to force the US oil company to do more for the climate. ExxonMobil is the only one of the five major Western oil multinationals that does not have a climate target for 2030. One of the rejected proposals was for medium-term … Read more
Amid the trillions of dollars invested in renewable energy capacity, the share of oil and gas in the global energy mix has declined by just a few percentage points Predicting what an industry will look like 20 or more years from now has always been a challenge. There are always unforeseen factors that have the … Read more
AFP NOS News•yesterday, 21:23 The White House is outraged by the annual figures presented by the American oil and gas group ExxonMobil. The company made $56 billion in profit last year. This is the largest annual profit of the energy giant ever and a doubling compared to the profit in 2021. In a statement, the … Read more
US oil giants ExxonMobil and Chevron are expected to post record profits of nearly $100 billion by 2022, the business daily reported. Financial Times. According to data from information provider S&P Capital IQ on which Financial Times report, Chevron earned at least $37 billion last year, Exxon at least $56 billion. Both companies have yet … Read more
TEMPO.CO, Jakarta – News World’s Top 3 on Friday 5 August 2022 preceded by the World’s Top 3 news the day before. While in second place, for the first time after 21 years of legal proceedings, the Washington DC Court, United States of America released documents revealing the testimonies of 11 victims of Acehnese, Indonesia. … Read more
Jakarta, CNN Indonesia — US President Joe Biden on Friday (10/6) criticized ExxonMobil because it doesn’t want to produce more oil. He conveyed criticism related to soaring prices gas lately. The reason is, the spike in gas prices has drained America’s wallet and its popularity ahead of his government’s midterm elections. “(In fact) Exxon could … Read more
Jakarta, CNN Indonesia — ExxonMobil and Chevron can be happy with ‘boom’ oil prices some time recently. It could be, profit the two energy giants bloomed in this first quarter. However, both companies will also lose money as a result of their decision to leave Russia in the midst of an escalating war with Ukraine. … Read more