Hess Corp. shareholders approved the company’s proposal to be acquired by Chevron Corp. for $53 billion by a razor-thin majority of 51% of shares outstanding. SourceContinue Reading
Data Centers Set to Consume 9% of U.S. Electricity by 2030 | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – May 31, 2024, 3:00 PM CDT Data centers are expected to consume up to 9% of US electricity by...Continue Reading
Chevron’s Gorgon LNG Resumes Full Production After Month-Long Outage | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 31, 2024, 2:30 PM CDT Chevron has successfully restored full production at its...Continue Reading
Vermont Makes Big Oil Pay for Climate Change Damage in Landmark Law | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – May 31, 2024, 1:30 PM CDT The state of Vermont has just enacted a law that would take on oil...Continue Reading
Chinese Battery Makers Slam Brakes on German Expansion as EV Sales Stall | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 31, 2024, 1:00 PM CDT Chinese battery makers are scaling back expansion in Germany due to a drop in EV sales....Continue Reading
U.S. Oil, Gas Drillers Stuck In A Rut | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – May 31, 2024, 12:19 PM CDT The total rig count in the United States stayed...Continue Reading
U.S. Gasoline Prices Continue to Drop | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – May 31, 2024, 11:30 AM CDT Gas prices have fallen by a nickel since last week, the largest one-week drop so far this year. A near-record...Continue Reading
Indonesia’s Delay of Its Ban on Copper Exports Could Weigh on Prices | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 31, 2024, 10:30 AM CDT Indonesia, a major copper producer, has decided to postpone the start of a ban on its copper concentrate exports...Continue Reading
76% of Small Offshore Oil Companies at Risk | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 31, 2024, 10:00 AM CDT The new BOEM rule requires stricter financial assurance standards, impacting 76% of smaller oil and gas operators in the Gulf....Continue Reading
EU Tariff Could Cost China Nearly $4 Billion in EV Sales | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – May 31, 2024, 9:30 AM CDT A potential EU tariff of...Continue Reading
