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CEO Vicki Hollub says oil group pumps more CO2 into ground than carmaker prevents being emitted on roads
Is it a serious shift or greenwashing?
After being eerily quiet during the first few months of the pandemic, the Oracle is making some bets
Widespread targets to reduce emissions to net zero have boosted interest in ‘direct air capture’ technology
Largest US onshore producer is latest to slash value of assets amid weak demand
Indebted US oil driller has been trying to shore up its finances after crude price crash
The bond market is being flooded with junk-rated companies and there’s probably more to come
Western Asset asks for more time to offload corporate debt as virus rating downgrades bite
Negotiations over a $2tn US stimulus deal faltered on Sunday
Activist investor had urged sacking of chief executive Vicki Hollub days earlier
Welcome to Due Diligence, the FT’s daily deals briefing
Occidental’s fall from triple B to double B is likely to be one of many
About $300bn of bonds rated triple B trade with junk-like yields above 6 per cent
US oil group deploys poison pill as veteran investor agitates for a takeover
Activist investor has almost quadrupled his stake in battered US oil producer
Joe Biden cemented his lead in the 2020 Democratic presidential primary race on Tuesday
US oil group takes axe to capital spending plans and aims to cut corporate costs
Group slashes dividend in desperate attempt to preserve liquidity
Value destruction, energy style.
State governor says purchase of private land would be biggest since the US bought Alaska
Shale driller has been under pressure from activist alleging mismanagement over Anadarko deal
Activist investor compares shale producer’s corporate governance to WeWork’s
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