Thursday, May 15, 2025
Chicago City Council bans fossil-fuel investments- oil and gas 360

Chicago City Council bans fossil-fuel investments

World Oil (Bloomberg) — The Chicago City Council on Wednesday voted to ban city investments in coal, oil and gas companies in an effort to combat climate change. The measure was supported by Chicago Mayor Lori Lightfoot and Treasurer Melissa Conyears-Ervin, who manages investments for the city as well as its pension funds and oversees $9 billion in assets. The city plans

Pembina to Acquire Kinder Morgan Canada and Cochin Pipeline for CAD $4.35 Billion - Oil & Gas 360

Pembina to Acquire Kinder Morgan Canada and Cochin Pipeline for CAD $4.35 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360 Pembina Pipeline Corporation will purchase Kinder Morgan Canada and U.S. portion of Cochin Pipeline for CAD $4.35 billion Pembina Pipeline Corporation (stock ticker: PBA), a midstream service provider based out of Calgary, has entered into agreements to acquire Kinder Morgan Canada Limited (stock ticker: KMLGF) and the U.S. portion of the

Market Conditions Force Legacy Industries, Brands to Get Creative, Find a Buyer, or Say Goodbye

From entertainment to cell phones to oil and gas, companies are scrambling to revamp business strategies to align with changing market conditions   With oil prices half of what they were a year ago, energy CFOs on six continents are in overdrive sharpening their pencils, but forced adaptation to long term market changes is happening across all sectors. What’s on TV? In the