Exxon’s Early Lithium Production Efforts ‘Promising’
Exxon Mobil’s early foray into lithium brine production is “looking more and more promising,” CEO...
Exxon Mobil’s early foray into lithium brine production is “looking more and more promising,” CEO Darren Woods said in third-quarter earnings. The company acquired drilling rights for more than 100,000 gross acres in southern Arkansas for lithium brine production.
Woods said Exxon has challenged Dan Ammann, president of its Low Carbon Solutions segment, to develop a business plan for lithium production that can effectively compete for capital in Exxon’s project portfolio.
Blinken makes high-stakes diplomatic tour of Middle East
Secretary of State Antony Blinken made ...
Secretary of State Antony Blinken made surprise stops in the Israeli-occupied West Bank and Baghdad, where he discussed getting more aid to civilians in Gaza and suggested the Palestinian Authority could have a “central role” in Gaza should Israel dismantle Hamas’s control in the territory. Over the weekend, pro-Palestinian demonstrations were held in global cities, including a large protest in DC, while Israelis whose family members were taken hostage by Hamas decried the lack of attention on the kidnappings. Influential US senators called on Israel to change tactics and limit Palestinian civilian casualties as the death toll soars.
🔔 Before the opening bell: US stock futures rise early Monday, after jumping Friday as a Goldilocks jobs report took pressure off of interest rates.
What last week’s “baby rally” means for the market going forward. Fundstrat’s Tom Lee sees fundamental and technical reasons for the market to keep the momentum going. A strong earnings season and Wall Street’s fear gauge plummeting are all good signs.
Historybook: Basketball inventor Dr. James Naismith...
Historybook: Basketball inventor Dr. James Naismith born (1861); Teddy Roosevelt travels to Panama and becomes first president to make diplomatic tour outside the US (1906); The UN formally condemns apartheid in South Africa (1962); Hollywood great Gene Tierney dies (1991).
Willie Nelson, Missy Elliott, and Sheryl Crowheadline 2023 class inducted into the Rock & Roll Hall of Fame (More)
157 people were killed in Nepal’s worst earthquake in eight years on Friday.
Divers recovertens of thousands of ancient Roman coins at a site off the coast of Sardinia; trove believed to be from a fourth-century shipwreck (More)
Ethiopia's Tamirat Tola sets recordin winning NYC Marathon men's race; Kenyan Hellen Obiri wins women's title (More)
More US oil producers top Q3 earnings expectations
Pioneer Natural Resources, EOG Resources, and ConocoPhillips are the latest US oil producers to report...
Pioneer Natural Resources, EOG Resources, and ConocoPhillips are the latest US oil producers to report better-than-expected third-quarter profits, with earnings of $5.38 per share, $2.16 per share, and $3.44 per share, respectively. All of them attributed their strong performance to heightened production levels.
