Business, Fuel

Noble to Buy Rival Driller Diamond Offshore

Noble Corp., the world’s biggest offshore oil rig contractor by market value, agreed to buy its smaller rival Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion.

Joe Ryan | Bloomberg News
June 10, 2024
Business, Fuel

Exxon Move May Delay Chevron-Hess Merger

Hess Corp. signaled its $53 billion agreement to be bought by Chevron Corp. may be delayed after ExxonMobil filed for arbitration to preserve its rights to a massive oil discovery off Guyana.

Joe Ryan | Bloomberg News
March 7, 2024
Business, Technology, Equipment, Autonomous

Tesla Plans Battery Facility in California After Threat to Move

Tesla Inc. is planning to expand a battery-research facility in the San Francisco Bay Area.

Joe Ryan | Bloomberg News
June 25, 2020
Government, Business, Logistics

Oakland Port Ban on Coal Shipments Blocked by US Judge

A federal judge struck down the city of Oakland, Calif.’s ban prohibiting companies from transporting coal through an export terminal that U.S. miners see as a key link to overseas markets.

Joe Ryan | Bloomberg News
May 15, 2018
Government, Business, Fuel

Cities Shop for $10 Billion of Electric Vehicles to Defy Trump

Dozens of U.S. cities are willing to buy $10 billion of electric cars and trucks to show skeptical automakers there’s demand for low-emission vehicles, just as President Trump seeks to review pollution standards the industry opposes.

Joe Ryan | Bloomberg News
March 14, 2017