References to partying and corruption – and a new plant in Saudi Arabia – made headlines on Rigzone this past week, and they proved to be popular with downstream readers. Details about these recent articles, which garnered considerable pageviews, follow. Oil Wakes Up with Hangover Following bullish activity late in the previous week, oil prices
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(Bloomberg) — Oil just managed a weekly gain as an impasse in Washington over pandemic relief dimmed chances of an imminent boost to demand. Futures in New York eased off a nine-month high alongside a broader market decline as bipartisan talks on another round of U.S. fiscal stimulus stalled. West Texas Intermediate rose less than 1%
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December 9th, 2020 by Rocky Mountain Institute  Originally published by Rocky Mountain Institute and Bloomberg Philanthropies New Rocky Mountain Institute and Bloomberg Philanthropies report outlines how a local government-driven infrastructure and economic recovery agenda can help build a healthier, safer, greener and more resilient America. Rocky Mountain Institute (RMI) and Bloomberg Philanthropies yesterday released an analysis
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(Bloomberg) — Global oil demand is rebounding after hitting a trough last month as ongoing strong consumption in Asia and Latin America, coupled with a recovery in Europe, more than offsets fresh signs of weakness in the U.S. After wobbling in November, when several European nations imposed fresh lockdowns to combat the spread of Covid-19, demand for
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(Bloomberg) — D.E. Shaw & Co. has built a sizable position in Exxon Mobil Corp. and is calling on the company to cut spending to improve performance and maintain its dividend, according to people familiar with the matter. D.E. Shaw on Tuesday sent a letter to Exxon arguing that changes are needed because the oil
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