The dividend is uninspiring, and the stock, flat on the year, has completely missed out on the big rally in energy stocks. Read More
Tag: ExxonMobil
Porsche will start testing a lower-carbon biofuel in racing
Enlarge / Porsche is working on synthetic fuels and will begin testing them in racing as early as next year. (credit: Porsche) In the grand scheme of things, the fuel used by racing cars on track amounts to a mere rounding error compared to the carbon dioxide emitted by all the spectators driving to watch […]
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 […]
‘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 […]