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How Two Irish Businessmen Almost Took Nigeria for $11 Billion
Posted inBribery and Kickbacks International Relations London (England) Nigeria Nigerian National Petroleum Corp Oil (Petroleum) and Gasoline Politics and Government Suits and Litigation (Civil)

How Two Irish Businessmen Almost Took Nigeria for $11 Billion

A mundane contractual provision met with rampant corruption — revealing a serious vulnerability in one of the backbones of international commerce.
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Posted by By Jesse Barron
How Ford’s F-150 Lightning, Once in Hot Demand, Lost Its Luster
Posted inBatteries Electric and Hybrid Vehicles Ford Motor Co General Motors Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Rivian Automotive LLC Sports Utility Vehicles and Light Trucks Tesla Motors Inc United States Weather

How Ford’s F-150 Lightning, Once in Hot Demand, Lost Its Luster

Some buyers said the electric Lightning did not meet expectations, and Ford has slashed its production plans for the pickup because sales are lagging.
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Posted by By Neal E. Boudette
BP to Increase Oil Output, New Chief Says
Posted inBioenergy and Biofuels BP Plc Energy and Power Greenhouse Gas Emissions Natural Gas Oil (Petroleum) and Gasoline Wind Power

BP to Increase Oil Output, New Chief Says

Murray Auchincloss signaled that he would take a more profit-oriented approach than his predecessor, who started a big push into renewables.
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Posted by By Stanley Reed
Oil Giants Pump Their Way to Bumper Profits
Posted inChevron Corporation Company Reports Exxon Mobil Corp Greenhouse Gas Emissions Natural Gas Oil (Petroleum) and Gasoline Sawan, Wael Shell Plc Wirth, Michael K

Oil Giants Pump Their Way to Bumper Profits

Exxon and Chevron reported robust earnings and large payouts to investors as they continued to expand their fossil-fuel production.
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Posted by By Stanley Reed

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