Eni CEO Claudio Descalzi, who’s led the firm for more than 11 years, assures investors that any change in leadership at the Italian oil giant would be a smooth one https://t.co/iDuiz8iwsH ...

A contentious book argues that endless oil revenue and a sovereign wealth fund are making Norway increasingly bloated, unproductive and unhealthy. https://t.co/CwBk9D7wiX ...

Company Strategy - BP will exit its role in a massive green hydrogen production facility planned in Australia [1] - The British oil major is refocusing on fossil fuels [1]

Core Insights - Talos Energy (NYSE: TALO) is identified as an under-the-radar investment opportunity that long-term investors should consider [1] Company Overview - Talos Energy is not widely recognized but presents potential for long-term investment [1] Analyst Perspective - The article emphasizes the importance of a data-driven approach in uncovering market insights and guiding investors [1]

Market Trends - China's oil demand has been a major driver of global demand for decades [1] - A government campaign to curb oil addiction is nearing a milestone [1] Geopolitical Implications - The campaign has big geopolitical implications [1]

BP named Albert Manifold as its new chairman, picking an energy-industry outsider to oversee a strategy revamp aimed at reviving the oil major’s fortunes https://t.co/HWU5Smmce8 ...

Group 1 - China's dependence on Iranian and Russian oil is a significant issue in upcoming U.S.-China trade talks [1] - Beijing is the top importer of Iranian oil and the second-largest importer of Russian oil despite U.S. sanctions [1] - The Trump administration plans to address China's oil trade in the near future, with previous negotiations held in Geneva and London [4] Group 2 - Tariff revenues have reached record highs, generating $100 billion so far [2] - The U.S. has raised tariffs on Chinese goods multiple times this year, with the highest duty reaching 145% in April and the current levy at 30% [5] - American goods imported by China face a 10% duty [5] Group 3 - The U.S. aims to curb China's status as the world's manufacturing powerhouse, which currently accounts for 30% of global manufacturing [6][7] - There is a call for China to limit its massive export economy and enhance its role as a global trade partner, which could benefit the U.S. manufacturing sector [8]

Key Takeaways Chevron has completed its acquisition of Hess following an arbitration ruling against ExxonMobil. ExxonMobil's challenge claimed preemptive rights to Hess's 30% stake in Guyana's Stabroek block. The ruling clears Chevron's path to growth and cements its partnership with ExxonMobil in Guyana.Chevron Corporation (CVX) has finally completed its big purchase of Hess Corporation, a deal that was held up for almost two years! This happened after an international arbitration panel rejected a challe ...

Group 1 - Block Inc. will join the S&P 500 index, replacing Hess, effective before the opening bell on July 23, 2025, leading to an 8.5% increase in its shares during extended trading on July 18, 2025 [1] - The S&P 500 index saw recent changes, with The Trade Desk replacing Ansys, and Hess exiting due to Chevron's $54 billion acquisition [2] - Companies added to the S&P 500 typically experience stock price boosts due to fund managers and index-tracking ETFs rebalancing their holdings [3] Group 2 - Block's addition enhances the tech presence in the S&P 500, as the company, originally known as Square, has diversified into various financial services and rebranded to Block in 2021 to emphasize its commitment to blockchain technologies [4] - Despite a 16% year-to-date decline, Block's stock has surged 14.5% over the past month, with a market capitalization of approximately $45 billion, positioning it above the median company in the index [5] - Several ETFs, including Twin Oak Endure ETF (SPYA) and VanEck Digital Transformation ETF (DAPP), have significant investments in Block, with SPYA allocating about 7% of its weight to Block shares [6]

Chevron’s victory in its high-stakes clash with Exxon Mobil secured its entry into one of the world’s most coveted oil projects—in Guyana https://t.co/vI9qhCjEaS ...