Texas Energy So Bountiful, They Pay You to Take It Away
Posted inEdison International Electric Light and Power Energy and Power International Trade and World Market Natural Gas New Mexico Oil (Petroleum) and Gasoline Permian Basin (North America) Pipelines Prices (Fares, Fees and Rates) Russian Invasion of Ukraine (2022) Solar Energy Southern California Edison (SCE) Texas Wind Power

Texas Energy So Bountiful, They Pay You to Take It Away

Natural gas has traded at negative prices for weeks at a time in West Texas, where pipelines often lack the capacity to get the fuel to places that need it.
Oil Companies are Thriving as the World Pushes for Clean Energy
Posted inAlternative and Renewable Energy Biden, Joseph R Jr Coronavirus (2019-nCoV) Electric and Hybrid Vehicles Exxon Mobil Corp Global Warming Hydraulic Fracturing Midland (Tex) Natural Gas Oil (Petroleum) and Gasoline Permian Basin (North America) Presidential Election of 2024 Prices (Fares, Fees and Rates) Production Regulation and Deregulation of Industry Stocks and Bonds Trump, Donald J United States Economy United States Politics and Government

Oil Companies are Thriving as the World Pushes for Clean Energy

High prices and growing demand have helped U.S. oil producers take in record profits despite global efforts to spur greater use of renewable energy and electric cars.
Occidental Is Latest Oil Company to Buy a Smaller Producer
Posted inCarbon Capture and Sequestration CrownQuest Operating CrownRock LP Drilling and Boring Global Warming Hollub, Vicki (1960- ) Houston (Tex) Hydraulic Fracturing Mergers, Acquisitions and Divestitures Natural Gas Occidental Petroleum Corporation Oil (Petroleum) and Gasoline Permian Basin (North America) Prices (Fares, Fees and Rates) Production Shale

Occidental Is Latest Oil Company to Buy a Smaller Producer

The oil company said it would buy CrownRock, a smaller producer, for $12 billion just weeks after Exxon Mobil and Chevron announced acquisitions.