Name: Oil giants Exxon, Chevron lean on big-ticket deals to build bigger reserves
Uploaded: 2024-06-01T17:35:42-04:00
Duration: 5 min
Description: By Arunima Kumar and Tanay Dhumal (Reuters) – Cash-rich Exxon Mobil and Chevron are bolstering their oil and gas drilling inventory with multi-billion-dollar takeovers as they bet on resilient demand for years to come. The consolidation wave sweeping through the U.S. energy sector that spurred deals worth $250 billion in 2023 shows no signs of […]

Tag: bigticket

Oil giants Exxon, Chevron lean on big-ticket deals to build bigger reserves

By Arunima Kumar and Tanay Dhumal (Reuters) – Cash-rich Exxon Mobil and Chevron are bolstering their oil and gas drilling inventory with multi-billion-dollar takeovers as they bet on resilient demand for years to come. The consolidation wave sweeping through the U.S. energy sector that spurred deals worth $250 billion in 2023 shows no signs of […]

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Nvidia CEO Jensen Huang said the company’s newest AI chip will start shipping next quarter. The Blackwell chip is twice as fast Nvidia’s current Hopper chip. Huang made the announcement during a Wednesday earnings call. Nvidia’s new era of computing is already well underway. In a gangbusters earnings call on Wednesday, Nvidia CEO Jensen Huang […]