2024 Will be Another Rollercoaster Ride for Energy
'The coming year will be another rollercoaster ride for the industry'.
Stay updated with breaking news from Tom Ellacott. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
'The coming year will be another rollercoaster ride for the industry'.
ExxonMobil's acquisition of Pioneer gives it a huge footprint in the Permian Base. It has both economic and climate benefits. Still, there are critics.
Chevron is in talks to extend its European natural gas supply contracts by 15 years, continuing the recent trend of oil and gas giants betting on the longevity of fossil fuels, according to Reuters.
Like many oil company bosses, Exxon Mobil Corp chief executive officer Darren Woods is a sceptic about the potential of merger and acquisition deals to reduce carbon emissions.
'The company will now be in a peer group of one'.