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Exxon Weighs Woodside Deal As LNG Becomes Strategic Priority
Exxon Weighs Woodside Deal As LNG Becomes Strategic Priority
Exxon Mobil is assessing a range of options to expand its global gas business, with Woodside Energy reportedly among the companies being reviewed as potential acquisition candidates, according to Bloomberg.
No formal approach has been made, and internal evaluations remain preliminary. Both companies have declined to comment.
Bloomberg writes that Woodside offers several strategic advantages for Exxon. As a leading LNG producer with established relationships across key Asian markets, the Australian company would provide immediate scale in a sector where Exxon has historically...
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Russia Outraged At Its Ally Armenia For Hosting Zelensky: 'Whose Side Of History Are You On?'
Russia Outraged At Its Ally Armenia For Hosting Zelensky: 'Whose Side Of History Are You On?'
Russia is seething after its Caucasus regional ally Armenia decided to host Ukrainian President Volodymyr Zelensky for a European summit earlier this week.
Moscow is further warning against Yerevan pursuing closer relations with the European Union as well. The Kremlin slammed Zelensky being hosted there, right in Russia's own backward, as "incomprehensible".
Source: Perry-Castañeda Library
"Russian society, with deep indignation and bewilderment, not only saw but remembered that Armenia, which we are used to considering a friendly,...
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May 1, 2026 / Tyler Durden
Tune In To Tonight's Fertilizer Debate: How Bad Will It Get?
Tune In To Tonight's Fertilizer Debate: How Bad Will It Get?
As we covered earlier this week, Goldman Sachs analysts now say the fertilizer disruption is larger than expected, with nitrogen markets taking the brunt. Urea prices have risen 50% to 70% since the conflict began. Goldman’s Duffy Fischer wrote that “nitrogen fertilizer is the most impacted chemical chain,” adding that the scale of disruption is “greater than we originally expected.”
And signs of improvement have yet to reveal themselves…
As the U.S.–Iran conflict enters its seventh week, ZeroHedge, in partnership with...
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