Mastodawn

nanowiz Oct 23, 2023

Why does #chevron have 55 billion to buy anything?
#profiteeringfomrcrises

https://www.reuters.com/markets/deals/chevron-buy-hess-corp-53-bln-stock-2023-10-23/

Chevron to buy Hess Corp for $53 billion in all-stock deal

Chevron <a href="https://www.reuters.com/markets/companies/CVX.N" target="_blank">(CVX.N)</a> said on Monday it agreed to buy Hess <a href="https://www.reuters.com/markets/companies/HES.N" target="_blank">(HES.N)</a> for $53 billion in stock, the second proposed mega-merger among the biggest U.S. oil players after Exxon Mobil <a href="https://www.reuters.com/markets/companies/XOM.N" target="_blank">(XOM.N)</a> bid $60 billion for Pioneer Natural Resources earlier this month.

Reuters

nanowiz Jun 12, 2023

#meaningless
what #bigoil has blathered on about for four decades
#largelymeaningless

https://www.reuters.com/sustainability/fossil-fuel-company-net-zero-plans-largely-meaningless-report-2023-06-11/

#airquality #ClimateAction #BigOilKnew #fossilfools #ShellSucks #exxonSucks #chevronSucks #bpSucks

Fossil fuel company net zero plans 'largely meaningless,' report says

The number of fossil fuel companies setting net-zero emissions targets has risen sharply over the past year, but most fail to address key concerns, making them "largely meaningless", a report showed on Monday.

Reuters