Thursday, September 17, 2026
Exxon forecasts doubling earnings and cash flow by 2027 while reducing emissions- oil and gas 360

Exxon forecasts doubling earnings and cash flow by 2027 while reducing emissions

CNBC Exxon Mobil on Wednesday outlined a corporate spending plan that it said will double earnings and cash flow by 2027 from 2019′s levels, while also reducing emissions. The plan comes as the oil giant reevaluates its long-term strategy following the pandemic, and after a shake-up in its boardroom. The company said it plans to spend between $20 billion and $25 billion

Shell shake-up leaves Dutch royally hacked off- oil and gas 360

Shell shake-up leaves Dutch royally hacked off

Reuters AMSTERDAM – Royal Dutch Shell’s decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige. As the energy giant crosses the North Sea, it will shed “Royal Dutch” from its name, ending a link to the monarchy in the Netherlands that began when the Royal

Southwest Gas asks shareholders to reject Carl Icahn's tender offer- oil and gas 360

Southwest Gas asks shareholders to reject Carl Icahn’s tender offer

Reuters Southwest Gas Holdings Inc, which is embroiled in a proxy battle with Carl Icahn, on Tuesday named two new directors and asked shareholders to reject a $75 per share tender offer from the activist investor. Icahn had made a bid to gain control of the company’s board and replace the chief executive after Southwest adopted a shareholder rights plan

Shale driller Diamondback to hold oil output steady through 2022- oil and gas 360

Shale driller Diamondback to hold oil output steady through 2022

World Oil HOUSTON (Bloomberg) –Diamondback Energy Inc. just gave one of the first shale production forecasts for next year, and it’s holding pat. Even as the market girds for $100 crude in 2022, the Permian Basin driller is pledging to hold oil output steady at roughly the same levels it’s pumping in the current quarter. That means about 220,000 barrels