Tag: Permian Basin
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Occidental CEO Warns US Is at Risk of Losing Energy Independence
(Bloomberg) -- Occidental Petroleum Corp. warned that US energy independence is at risk of slipping away if shale output plateaus...
US natgas producers chase AI-driven surge in power demand to weather low prices
By Mrinalika Roy (Reuters) - Shale gas producers in the U.S. Permian Basin are sounding out data-center operators building up...
Want Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever
Investing for the long term can be challenging because the world is constantly changing and that...
Big Oil Dials Up Output Growth Just as OPEC Mulls Supply Boost
(Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. capped Big Oil earnings season by revealing blockbuster increases in fossil fuel...
ExxonMobil profits dip as it gives back almost $10 bn to investors
ExxonMobil reported a dip in third-quarter profits Friday on lower earnings from its refining business, but the results were strong...