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Mob of forty people who looted FedEx truck at red light ALSO ransacked two gas stations while armed... The same group are believed to be responsible for the series of burglaries on Saturday night, Memphis police said. Around 10pm on Saturday thieves stole $2,000 worth of items from the Exxon at 3483 Airways Boulevard. At least $15,000 of merchandise was then stolen from the Fill-N-Go gas station at 3084 South Third Street, a ten-minute drive from the first business.
Mob of Looters Ransacks Memphis Gas Stations, FedEx Truck A mob of more than three dozen suspects vandalized, damaged, and stole more than $17,000 worth of merchandise from two Memphis, Tennessee, gas stations Saturday night. Police said that it was just after 10:00 p.m. when 30 to 40 suspects entered the Exxon at 3483 Airways Boulevard and stole $2,000 in products. It was close to midnight when police say a group of 40 looters entered the Fill-N-Go gas station at 3084 South Third Street as well, stealing $15,000. Memphis also saw mobs robbing a FedEx delivery tractor-trailer on Saturday night, with more disturbing footage showing suspects yanking boxes off the truck.
MPD investigating shooting in the Medical District The shooting call came in a little before 1:45 a.m. Police cordoned off the parking lot of the Exxon with yellow crime scene tape. bullet casings were on the ground.
ALEX BRUMMER: Squeeze on oil giants threatens to push investment overseas Lacklustre third-quarter profits at £2.7bn saw BP shares plunge in spite of a further £1.2bn of share buybacks. US oil majors Exxon and Chevron have doubled down on fossil fuels.
Exxon names new shale oil chief to replace executive facing assault charge Bart Cahir was promoted a year ago to run an internal services unit. Cahir will do a second turn as senior vice president of Upstream Unconventional. Exxon has been shopping for a new shale executive following its $59.5 billion deal.
Exxon names new shale oil chief to replace executive... Bart Cahir, who was promoted a year ago to run an internal services unit called Global Business Solutions, will do a second turn as senior vice president of Upstream Unconventional. Exxon has been shopping for a new shale executive following its $59.5 billion deal for Pioneer Natural Resources.
Is Exxon’s $93b deal a threat to the world’s carbon emission targets? The acquisition of Pioneer Natural Resources is Exxon’s biggest acquisition since its takeover of Mobil in 1999. Shale assets have low operating costs, less capital intensity and far shorter pay-back periods on investments than conventional oil.
Man killed in triple shooting at Columbia gas station, police say A man died and two others were seriously injured in a triple shooting. Officers responded shortly before 10 p.m. to the Exxon on the 6000 block of Foreland Garth. No arrests have been announced, and police are offering a reward of up to $5,000.
Interest Rates And Energy: How To Profit During Geopolitical And Supply Concerns 17% of all S&P 500 cash concentrated in just 3 mega-cap tech names. Exxon (XOM) and Chevron (CVX CVX ) have a combined $125B on their books. Bond proxies with high dividend yields like utilities and real estate have been hit hardest.
How stars aligned for Exxon's $60 billion deal with Pioneer Exxon approached Pioneer about a deal last month from a position of strength, sources say. Exxon's shares were hovering near record highs, and it had a cash pile of about $30 billion. The acquisition would turn Exxon into the largest shale producer in the Permian basin.
How stars aligned for Exxon's $60 billion deal with... Exxon approached Pioneer about a deal last month from a position of strength, sources say. Exxon's shares were hovering near record highs, and it had a cash pile of about $30 billion. The acquisition would turn Exxon into the largest shale producer in the Permian basin.
Bakersfield man pleads guilty to stealing COVID relief money Jaswinder Bhangoo, 50, falsely stated he owned businesses with several employees and substantial revenue. He faces a maximum statutory penalty of 10 years in prison and a fine of $250,000. Exxon's shale oil chief faces arraignment on sexual assault charge.
Exxon deal puts spotlight on M&A targets but heightened... Dealmaking in the U.S. oil and gas patch has picked up pace as producers sought to replenish their inventory after years of under-investment. Future buyers are likely to be among Exxon's closest big rivals in the Permian Basin.
US Senator Warren concerned Exxon's plan to buy Pioneer... US Senator Elizabeth Warren concerned Exxon's plan to buy Pioneer. Deal, valued at $59.5 billion, combines the largest U.S. oil company with one of the most successful names.
Nigerian oil regulator 'optimistic' on Exxon asset sale... The regulator last year refused to approve the $1.28 billion sale. Komolafe said that Exxon "did not route the transaction" in line with the provisions of its joint operating agreement.
Exxon deal puts spotlight on M&A targets but heightened scrutiny a dampener Dealmaking in the U.S. oil and gas patch has picked up pace as producers sought to replenish their inventory after years of under-investment. Future buyers are likely to be among Exxon's closest big rivals in the Permian Basin.
Exxon's shale oil chief faces arraignment on sexual... Exxon Senior Vice President David Scott, 49, was arrested last week and charged with a second-degree felony. Scott ran a business that is at the center of deal talks between Exxon and shale oil rival Pioneer Natural Resources.
Exxon shale oil exec faces sexual assault charge Scott was arrested at a Texas budget hotel near Exxon’s headquarters. He faces a second-degree felony assault charge and was held on a $30,000 bond.
Head of Exxon's shale oil business faces sexual assault charge in Texas David Scott is a senior vice president who oversees Exxon's shale oil and gas business. He was arrested early Thursday at a La Quinta Inn & Suites hotel in Magnolia, Texas. Scott faces a second-degree felony assault charge and was released on a $30,000 bond.
Head of Exxon's shale oil business faces sexual assault charge in Texas David Scott is a senior vice president who oversees Exxon's shale oil and gas business. He was arrested early Thursday morning at a La Quinta Inn & Suites hotel in Magnolia, Texas. Scott, 49, was arrested in a room at the hotel near Exxon's Spring, Texas, headquarters.