Business COVID 19

Exxon and Chevron CEOs reportedly discussed a mega merger last year

The chief executive officers of Exxon Mobil Corp. and Chevron Corp. spoke last year about combining the two largest U.S. oil companies, Dow Jones reported, citing people familiar with the talks. Chevron’s Mike Wirth and Exxon’s Darren Woods spoke as the Covid-19 outbreak hurt oil and gas demand, adding financial strain to both companies, Dow […]

Business

2020 was the year of the ‘net zero by 2050’ commitment. Will 2021 be the year we get the details?

The coronavirus pandemic overshadowed nearly everything in 2020, but alongside the pyrotechnics of an extraordinary U.S. election and the resurgence of social justice activism, at least one more big-picture issue came to the fore: this was the year the “net zero by 2050” climate commitment went mainstream. The promise to cut greenhouse gas emissions as […]

Business

BP Stakes big on carbon Monoxide in Most Recent acquisition

BP Plc gained a vast majority stake in woods carbon-management firm Finite Carbon, enlarging on a first investment made annually. The trade gives BP–among the planet’s largest carbon-credit dealers — management of the biggest developer of woods carbon-offset credits from the U.S.. It comes in the conclusion of a year that has seen that the […]

Business COVID 19

Stocks, futures Slide as a surge of’beats’ Neglect to Raise the COVID gloom

That is the internet edition of this Bull Sheet,” Fortune’s no-BS daily newsletter about the markets.  Subscribe to get it from your inbox . Superior morning. International stocks and U.S. stocks are sliding all early as COVID concerns spook traders. Everything else appears to be secondary, such as a heap of earnings beats which traders […]

Business

In pursuit of’Web zero,’ Spain’s Iberdrola Stakes big on America

Our assignment that will assist you browse the new standard is fueled by readers. To enjoy unlimited access to our own journalism, subscribe now . The price reflects the rising might of a bunch of fast-moving, low-carbon utilities firms –progressively coming from overseas –from the race to decarbonize America’s electricity industry. The bargain folds PNM Resources–that […]