This post was originally published on this siteWells Fargo bungled the 2020 sale of Occidental Petroleum shares on behalf of an employee trust, leading to millions of dollars in losses.
Courts Confirm That Wells Fargo Botched Occidental Stock Sale Read More »
Many of the fundamental issues that drove gas prices to record levels in the summer remain, as the White House searches for ways to keep them in check.
Gas prices are down, but Biden’s problem at the pump isn’t going away Read More »
This post was originally published on this siteThe water level at a key German chokepoint on the Rhine River is forecast to surge early next week.
Rhine Seen Surging to More Navigable Level Read More »
This post was originally published on this siteCourtesy of Energy Monitor Headwinds: favourable for wind turbines but nothing short of a bad time for the wind industry. What happened: Wind companies are quietly sobbing watching the endless parade of “record” profits from oil and gas companies. Looking at you, Saudi Aramco… On the other side, where the
Wind Energy Companies Facing Headwinds – ENERGYminute Read More »
This post was originally published on this siteU.S. natural gas futures rose about 2% to a 14-year high on Friday on record global gas prices, concerns about Russian gas export to Europe and forecasts for hotter U.S. weather that will boost air conditioning demand through early September. That price increase came despite record output and
U.S. natural gas up 2% to a 14-year high on record global prices Read More »
This post was originally published on this siteNorway’s $1.3 trillion sovereign wealth fund posted its biggest loss on record as rate hikes, surging inflation and Russia’s invasion of Ukraine spurred volatility.
Norwegian Wealth Fund Posts Biggest Half-Year Loss Ever Read More »
This post was originally published on this siteCheck out some of Rigzone’s top stories during the last week.
Top Headlines: Report Confirms Near Billion Barrel Oil Find and More Read More »
This post was originally published on this siteRobust power burns kept a tight grip on spot natural gas prices for the Aug. 15-19 week. Stout price gains were seen across the country, despite cooler weather throughout the Midwest and core Northeast regions. NGI’s Weekly Spot Gas National Avg. jumped 65.5 cents to $8.720/MMBtu. Natural gas
This post was originally published on this siteAug 19, 2022 (Bloomberg) Gazprom PJSC will stop delivering natural gas to Europe through its main pipeline for three days, further squeezing energy supplies just as Germany is trying to build up stocks for the winter. European benchmark futures soared as much as 9% after the Russian producer said
Gazprom to Shut Pipeline for Three Days in New Shock to Europe Read More »
This post was originally published on this site(Bloomberg) Senator Joe Manchin said he was willing to kill a popular consumer tax credit for the purchase of electric vehicles if the industry didn’t adhere to controversial new sourcing requirements, giving automakers a take-it-or-leave-it ultimatum that finally got both sides to agree. The admission, made Friday at
Manchin Nearly Killed EV Credit With Take-It-or-Leave-It Threat Read More »
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