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

Chevron grapples Using a Fresh oil Fact

Our assignment to generate business better would be fueled by viewers just like you. Of the companies hurt from the pandemic, Chevron is close to the very top. Oil costs plummeted before this season after it became evident that the planet ’s market –all of the cruising, trucking, and transport that fuels it{} enter lockdown. […]

Business

‘Risky and Harmful’: Energy Business body IEA Seems the Alert on Petroleum demand and Also uses the P-word

Oil demand is anticipated to have a years-long reach from COVID-19–along with also oil-dependent export countries must fundamentally alter their markets to fulfill that fact. He cautioned that petroleum demand, as a result of COVID, will probably be feeble in the next few years. But {} the pandemic (ideally ) fades off, the economy prospects […]