Post Tagged with: "US oil firms"

Source: Nasdaq

Exxon faces proxy fight launched by new activist firm Engine No. 1

Nasdaq

A new investment firm is taking aim at one of corporate America’s most iconic brands and pressing energy giant Exxon Mobil Corp XOM.N to overhaul itself by focusing more on clean energy to improve its financial performance.

Engine No. …

May 14, 2021 - 1:00 pm — Closing Bell Story‎, Corporate Governance, Crude Oil News, Energy News
FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. REUTERS/Nick Oxford/File Photo

OPEC, U.S. oil firms expect subdued shale rebound even as crude prices rise

Reuters

LONDON/HOUSTON  – OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output despite rising prices, a decision that would help OPEC and its allies.

OPEC this month cut …

February 22, 2021 - 10:00 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, OPEC
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