Trump Aims a ‘Wrecking Ball’ at Climate Policy

The president-elect has said he’ll exit the Paris climate accord and ramp up oil and gas production. President-elect Donald Trump has been crystal clear: His second term will be an assault on climate policy. On the campaign trail, he vowed to “drill, baby, drill” for more oil and gas and inveighed against offshore wind farms. He attacked President Joe …

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A Honeywell Breakup Would Set Up Monster-Sized Deals

Separating its aerospace and automation arms, like Elliott has suggested, would make moonshot combinations with the likes of GE and Rockwell more plausible. Bloomberg News Breaking Honeywell International Inc. up would make the company simpler. It would also create opportunities for monster-sized deals. Elliott Investment Management this week disclosed a more-than $5 billion stake in Honeywell, one of the …

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U.S. Natgas Prices Slide 3% on Rising Output, Less Cold Forecast for Late November

U.S. natural gas futures slid about 3% to a one-week low on Friday on an increase in daily output and forecasts for less cold weather in late November than previously expected. That mild late November weather should reduce heating demand and allow utilities to continue injecting more gas into storage for another week. Capping price …

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TotalEnergies, BP, Equinor and Shell Commit $500 Million to Boost Energy Access

TotalEnergies, BP, Equinor and Shell commit $500 million to boost energy access PARIS, Nov 15 (Reuters) – Oil and gas majors TotalEnergies, BP, Shell  and Equinor  pledged on Friday to invest $500 million to increase access to affordable energy, primarily in sub-Saharan Africa, south and southeast Asia. That is about 0.7% of some $70 billion in net …

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