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Exxon will crush the profits of major western oil companies by $ 56 billion in 2022

Exxon will crush the profits of major western oil companies by $ 56 billion in 2022

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HOUSTON (Reuters) – Exxon Mobil Corporation (XOM.N) reported on Tuesday that its 2022 net profit was $56 billion, earning about $6.3 million an hour last year, not only setting a company record, but setting a new record. Historic rise for the western oil industry. Major oil companies are expected to break their own annual records …

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The United States will loan $700 million for a lithium mine in Nevada

The United States will loan $700 million for a lithium mine in Nevada

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WASHINGTON (Reuters) – The U.S. Department of Energy said on Friday it will loan Ionair Ltd. up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan. To develop the domestic electric vehicle supply chain. Shares of Ioneer rose 16.3% to $16.30 on …

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Biden's climate agenda has a problem: Not enough workers

Biden’s climate agenda has a problem: Not enough workers

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Jan 11 (Reuters) – U.S. clean energy companies are offering better wages and benefits, flying in trainers from abroad, and considering ideas such as buying roofers and electrical repair shops to hire only their own workers as the companies try to overcome a labor shortage that threatens to derail it. President Joe Biden’s Climate Change …

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