Diamondback Energy will buy rival Endeavor Energy Resources in a cash-and-stock deal valued at about $26 billion to create a drilling giant in the Southwest United States. The transaction includes approximately 117.3 million shares of Diamondback common stock and $8...
GEORGETOWN, Guyana (AP) — ExxonMobil said it plans to explore for oil and gas in a disputed area off South America’s coast where the Venezuelan military had previously expelled two U.S. oil companies. The move could escalate tensions...
COPENHAGEN, Denmark (AP) — Swedish officials said Wednesday that they have decided to close their investigation into the September 2022 explosions on the underwater Nord Stream gas pipelines which were built to carry Russian natural gas to Germany, saying they don’t...
By Mark Lewis in Stavanger STAVANGER, Norway (AP) — The manager of the world’s largest sovereign wealth fund pledged Tuesday, Jan. 30, to push major oil and gas companies to speed up preparations for the “inescapable” transition away from planet-warming fossil...
BERLIN (AP) — A group of climate activists who infuriated many in Germany by gluing themselves to streets to block traffic said Monday that it will abandon the tactic and move on to holding what it calls “disobedient assemblies.” The Last Generation group frequently...
