Drought Saps the Panama Canal, Disrupting Global Trade
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Drought Saps the Panama Canal, Disrupting Global Trade

The number of ships that can travel through the vital route has fallen sharply this year because of a lack of water for the locks, raising costs and slowing deliveries.
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Posted inBatteries Biden, Joseph R Jr Birol, Fatih Carbon Capture and Sequestration Chevron Corporation Corporations Electric and Hybrid Vehicles Exxon Mobil Corp Global Warming Greenhouse Gas Emissions Guyana Hess Corporation International Energy Agency Mergers, Acquisitions and Divestitures Natural Gas Nuclear Energy Oil (Petroleum) and Gasoline Permian Basin (North America) Pioneer Natural Resources Company Prices (Fares, Fees and Rates) Production Solar Energy Stocks and Bonds United States

Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns

Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
Big Oil Gets Bigger as ESG Funds Are Falling Out of Favor
Posted inBP Plc Chesapeake Energy Corporation Chevron Corporation Corporate Social Responsibility Devon Energy Corporation Exxon Mobil Corp Global Warming Hess Corporation internal-storyline-no Mergers, Acquisitions and Divestitures Oil (Petroleum) and Gasoline Southwestern Energy Company

Big Oil Gets Bigger as ESG Funds Are Falling Out of Favor

Chevron’s $53 billion bid for Hess may drive consolidation in the oil patch. Meanwhile, investors are pulling back from climate-focused investment products.