Tag: energy sector
War with Iran to test China’s energy security
U.S. military action is disrupting key energy suppliers, putting China’s reliance on foreign sources to the test. Even as Beijing strengthens domestic capacity and diversifies imports, the crisis exposes the limits of its energy strategy.
Chevron buys Hess, becomes second megadeal in the energy sector
Chevron announced it will purchase Hess Corp. for $53 billion weeks after Exxon Mobil announced its deal to acquire Pioneer Natural resources for $60 billion.






