Post Tagged with: "$1 Billion “"

Source: Reuters

Diamondback looks to sell Permian basin assets for $1 billion

World Oil


(Bloomberg) – Diamondback Energy Inc. is looking to sell non-core assets in the western Permian Basin as the oil producer looks to cash in on an increasingly active deal market in U.S. shale.

 

The company is working …

Southwestern Energy announces $1 Billion share repurchase program

Southwestern Energy announces $1 Billion share repurchase program

Oil and Gas 360


06/21/2022- Complements continued debt repayment within its comprehensive capital allocation strategy

SPRING, Texas–(BUSINESS WIRE)– Southwestern Energy Company (“SWN or the “Company”) (NYSE: SWN) today announced that its Board of Directors authorized a share repurchase program.

 

Source: World Oil

Shell joins Exxon with $1 billion Brazil exploration setback

World Oil


(Bloomberg) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into a profit center.

In the past three years, Shell has …

Source: CNBC

Bank of America pledges $1 billion to assist economic and racial inequality intensified by pandemic

CNBC


Bank of America announced Tuesday that it will commit $1 billion over four years to help local communities grapple with the widened economic and racial inequality caused by the Covid-19 outbreak.

The bank said in a press release that …

June 2, 2020 - 12:00 pm Closing Bell Story‎, Corporate Governance, Finance