EXCLUSIVE Chevron to sell swath of Permian assets valued at more than $1 bln -sources
Chevron Corp (CVX.N) is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued at more than $1 billion combined, three sources told Reuters.
S&P 500 flirts with record high as month, quarter draw to a close
Wall Street was muted on Wednesday and the S&P teased its fifth straight record closing high as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.
Rolls-Royce partners with Shell in sustainable aviation fuel push
British engineering company Rolls-Royce (RR.L) said it would partner with oil company Shell (RDSa.L) to work on the development of sustainable aviation fuel (SAF) in line with both their plans for net zero emissions by 2050.
EXCLUSIVE Energy trader Mercuria posts record profit for volatile 2020
Mercuria Energy Group had a boom year in 2020, buoyed by the extreme volatility seen in oil markets caused by the COVID-19 pandemic, as well as very strong returns across its portfolio, particularly gas and power.
European shares fall on inflation, pandemic woes
European shares fell on Wednesday as worries about rising inflation and the Delta variant of the novel coronavirus hit economically sensitive sectors, even as technology stocks tracked an overnight surge in their U.S. peers.
Little Engine No. 1 beat Exxon with just $12.5 mln – sources
Activist investor Engine No. 1 spent roughly $12.5 million to win three board seats at Exxon Mobil Corp(XOM.N), less than half its originalbudget, for the year’s biggest and most closely watched corporate contest, people familiar with the number said.
U.S. Steel, Norway’s Equinor eye clean hydrogen production
Norway’s Equinor (EQNR.OL) and U.S. Steel Corp (X.N) will examine the potential for developing clean hydrogen production in Ohio, Pennsylvania and West Virginia, the two companies said on Tuesday.
Enbridge raises funds from sustainability bonds in climate-goal push
Enbridge Inc (ENB.TO) said on Monday it has closed its inaugural sustainability-linked bond (SLB), the first company in the midstream sector to raise sustainable bonds in North America, as it moves a step closer to its environment goals.
U.S. biofuel groups urge EPA to curb oil refinery waivers despite ruling
U.S. biofuel and corn industry groups said on Monday they are urging the Environmental Protection Agency to use restraint in its use of waivers exempting refiners from their biofuel blending obligations after the Supreme Court last week upheld the controversial program.
EU countries approve landmark climate change law
European Union countries on Monday gave the final seal of approval to a law to make the bloc’s greenhouse gas emissions targets legally binding, as EU policymakers prepare a huge new package of policies to fight climate change.
