Chevron Puts UK Clair Oilfield Up for Sale in North Sea Exit
Chevron Corp. put its stake in the UK’s Clair oilfield up for sale in a move that will mark the US supermajor’s exit from the North Sea after more than half a century.
Chevron Corp. put its stake in the UK’s Clair oilfield up for sale in a move that will mark the US supermajor’s exit from the North Sea after more than half a century.
Federal Reserve Bank of Richmond President Thomas Barkin said the US central bank needs to keep borrowing costs elevated for longer to lower inflation to its 2% target, citing higher prices in the services sector.
Jamie Dimon said he’s still more worried about inflation than markets appear to be.
Crescent Energy Inc. agreed to buy SilverBow Resources Inc., a rival oil and gas producer that’s in a proxy fight with its largest shareholder, for $2.1 billion.
Chile’s government decided to fast track its pension reform as President Gabriel Boric pressures lawmakers to vote on the legislation that’s emerged as a focal point to his leftist administration.
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