ConocoPhillips is Set to Capitalize on Higher Oil Prices
ConocoPhillips (NYSE:COP) has been showing significant improvement in its financial numbers and production potential over the last two quarters. The company claims higher oil prices and efficient management are among the biggest drivers of improving …
Exxon Mobil Stock Paid Increasing Dividends to Investors over the Last 36 Years
Exxon Mobil (NYSE:XOM) is among the few companies that paid increasing dividends to investors over the last 36 years. Indeed, it had increased its quarterly dividend from fiscal 2015 to 2017 when oil & gas …
California to Require All New Homes to Have Solar Power
Solar Power in California Homes will be a requirement in any new build in the state.
According to the New York Times, the California Energy Commission is close to approving this requirement, which …
Marathon Petroleum and Andeavor Enter Merger Agreement
Ohio-based Marathon Petroleum (NYSE:MPC) announced Monday that they would be entering into a merger agreement with the Texas-based oil company Andeavor (NYSE:ANDV).
Marathon will be purchasing Andeavor for approximately USD $23.3 billion.
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E.ON and RWE Sign Deal Which Will Transform German Energy Landscape
German energy provider E.ON (DE:EOAN) is to acquire renewables specialist Innergy from rival company RWE (DE:RWE) as part of a German energy revolution. The deal, valued at about $22B, will close by the end of …
Weatherford Sells its US Fracking Business to Schlumberger Instead of Forming Joint Venture and Investors Aren’t Happy – Stock Down 16%
Weatherford International plc (NYSE:WFT), a company involved in energy and oil, originally announced back in March of last year that it would be forming a joint venture agreement with Schlumberger Ltd. (NYSE:SLB), a company the …
Interesting Investments: Renewable Energy
One of the topics that’s taking the world by storm, yet is incredibly controversial, is the topic of renewable energy and green products. Saving the planet may not be the easiest thing to agree on, …
Exxon Mobil Merging its Refining and Marketing Divisions
Exxon Mobil Corp. (NYSE:XOM) will be merging its refining and marketing divisions, Exxon Mobil Refining and Supply Company and Exxon Mobil Fuels, Lubricants, & Specialties Marketing Company, into the Exxon Mobil Fuels & Lubricants Company. …
Exxon Mobil Needs to Adjust Operations in order to Survive Downturn in Oil and Natural Gas Prices
Exxon Mobil (NYSE:$XOM) will be reorganizing its refining operations to combat the downturn in oil and natural gas prices.
Exxon is the world’s largest publicly traded oil producer, and so has drastically been …
Shell to Build Electric Charging Stations Across Europe
Royal Dutch Shell (OTC:$RYDAF) is getting in on the electric vehicle revolution, starting with offering more electric charging stations across Europe.
The oil company refuses to be left behind when gas vehicles go …