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Elon Musk Shares Mock Tweets Amid Tesla's Cut From S&P 500 ESG Index Over Discrimination Claims, Accidents
Elon Musk’s Tesla has been removed from S&P 500 ESG Index because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles. The electric carmaker CEO Musk responded with harsh tweets, stating “ESG is a scam.” The sustainability index has added Twitter and oil refiner Phillips 66 while dropping Delta Air...
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An Investment Case Study On Warren Buffett's Occidental Petroleum Bet
Why did Buffett purchase this oil stock? We analyze this question by an interesting case study.
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Berkshire Hathaway To Invest $10 Billion In Occidental For Anadarko Buy
Occidental and Chevron Corp are locked in a battle to buy Anadarko's prized assets in West Texas' huge Permian shale oil field, the biggest oil-industry takeover in years
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Oil Business Seen In Strong Position As Trump Tackles Tax Reform
Integrated oil companies such as Exxon, Chevron Corp, BP Plc, Royal Dutch Shell Plc and ConocoPhillips could also be hit, depending on whether they are net importers.
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Asian Oil Refiners Cut Output To Fight Oversupply, Low Margins
Oil refiners in Asia are processing less crude as they grapple with margins that plunged to five-year lows after the region was flooded with supply of refined products and as slowing economic growth hits demand for fuels.
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Indian Oil Slashes Oil Import Tender Time By Half: Report
Indian Oil Corp (IOC) has cut by more than half the time it takes to finalise a crude oil import tender after the government gave flexibility to state refiners to devise their own crude import policies.
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Global Oil Majors Look To Shed Refineries As Crude Prices Rebound
Global oil majors Chevron Corp and Royal Dutch Shell Plc are putting small refineries on the auction block as they look to trim lower-margin assets in the face of headwinds from rising crude oil prices.
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As Big Oil Shrinks, Boards Plot Different Paths Out of Crisis
As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis.
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US Coast Guard Investigates Oil Slick off California Coast
The US Coast Guard was investigating a large, patchy oil sheen that appeared off the Southern California coast west of Santa Barbara on Wednesday, not far from the site of a petroleum pipeline spill in May, officials said.
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Another Bad Year for US Stockpickers? Goldman Sachs Thinks So
Those companies Kostin expects are most likely to track the market include PepsiCo Inc, Chevron Corp and Procter & Gamble Co.
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Brent Steady Above $61 as Companies Cut Upstream Investments
Chevron Corp has put a plan to drill for oil in the Beaufort Sea in Canada's Arctic on hold indefinitely, while Marathon Oil cut its capital expenditure for next year by about 20 per cent.
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ONGC Videsh eyes Chevron's gas block in Vietnam: report
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is looking to buy a stake in US giant Chevron's $4.3-billion Block B gas project in Vietnam, according to sources.
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No gas, please: Australia shale hunters focus on oil
Shale prospectors in Australia's vast Outback are homing in on oil as the lucrative prize that is easier and cheaper to exploit than gas.
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Reliance Industries shortlisted for multi-billion dollar Iraq oil project
Reliance Industries Ltd (RIL) and six other firms were shortlisted by Iraq on Tuesday for development of its Nasiriya oilfield and construction of an associated 300,000 barrels per day refinery.
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Chevron Q3 net income slips 33%, stock drops 2%
Chevron Corp said Friday its third-quarter net income fell 33 percent as production declined and it sold oil and gas at lower prices.
-
Elon Musk Shares Mock Tweets Amid Tesla's Cut From S&P 500 ESG Index Over Discrimination Claims, Accidents
Elon Musk’s Tesla has been removed from S&P 500 ESG Index because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles. The electric carmaker CEO Musk responded with harsh tweets, stating “ESG is a scam.” The sustainability index has added Twitter and oil refiner Phillips 66 while dropping Delta Air...
-
An Investment Case Study On Warren Buffett's Occidental Petroleum Bet
Why did Buffett purchase this oil stock? We analyze this question by an interesting case study.
-
Berkshire Hathaway To Invest $10 Billion In Occidental For Anadarko Buy
Occidental and Chevron Corp are locked in a battle to buy Anadarko's prized assets in West Texas' huge Permian shale oil field, the biggest oil-industry takeover in years
-
Oil Business Seen In Strong Position As Trump Tackles Tax Reform
Integrated oil companies such as Exxon, Chevron Corp, BP Plc, Royal Dutch Shell Plc and ConocoPhillips could also be hit, depending on whether they are net importers.
-
Asian Oil Refiners Cut Output To Fight Oversupply, Low Margins
Oil refiners in Asia are processing less crude as they grapple with margins that plunged to five-year lows after the region was flooded with supply of refined products and as slowing economic growth hits demand for fuels.
-
Indian Oil Slashes Oil Import Tender Time By Half: Report
Indian Oil Corp (IOC) has cut by more than half the time it takes to finalise a crude oil import tender after the government gave flexibility to state refiners to devise their own crude import policies.
-
Global Oil Majors Look To Shed Refineries As Crude Prices Rebound
Global oil majors Chevron Corp and Royal Dutch Shell Plc are putting small refineries on the auction block as they look to trim lower-margin assets in the face of headwinds from rising crude oil prices.
-
As Big Oil Shrinks, Boards Plot Different Paths Out of Crisis
As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis.
-
US Coast Guard Investigates Oil Slick off California Coast
The US Coast Guard was investigating a large, patchy oil sheen that appeared off the Southern California coast west of Santa Barbara on Wednesday, not far from the site of a petroleum pipeline spill in May, officials said.
-
Another Bad Year for US Stockpickers? Goldman Sachs Thinks So
Those companies Kostin expects are most likely to track the market include PepsiCo Inc, Chevron Corp and Procter & Gamble Co.
-
Brent Steady Above $61 as Companies Cut Upstream Investments
Chevron Corp has put a plan to drill for oil in the Beaufort Sea in Canada's Arctic on hold indefinitely, while Marathon Oil cut its capital expenditure for next year by about 20 per cent.
-
ONGC Videsh eyes Chevron's gas block in Vietnam: report
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is looking to buy a stake in US giant Chevron's $4.3-billion Block B gas project in Vietnam, according to sources.
-
No gas, please: Australia shale hunters focus on oil
Shale prospectors in Australia's vast Outback are homing in on oil as the lucrative prize that is easier and cheaper to exploit than gas.
-
Reliance Industries shortlisted for multi-billion dollar Iraq oil project
Reliance Industries Ltd (RIL) and six other firms were shortlisted by Iraq on Tuesday for development of its Nasiriya oilfield and construction of an associated 300,000 barrels per day refinery.
-
Chevron Q3 net income slips 33%, stock drops 2%
Chevron Corp said Friday its third-quarter net income fell 33 percent as production declined and it sold oil and gas at lower prices.
