HOUSTON—Exxon Mobil Corp is suing Australia’s Macquarie Energy in a Texas court to avoid paying $11.7 million for missed deliveries during last month’s winter freeze in the central United States. The lawsuit, filed by Exxon’s natural gas business, said the massive storm and state declarations of emergencies prevented it from fulfilling its supply commitment to…
Exxon and Macquarie in $11.7 Million US Lawsuit Over Broken Gas Contract During Texas Freeze
March 4, 2021
admin
AustraliaAustralia's Macquarie EnergyBusinessCompaniescourtExxon Mobil Corp.suingTexasUSUS Newswinter freezeWorld
0 Comment
GM Looking to Build 2nd US Battery Factory, Tennessee Likely
DETROIT—General Motors says it’s looking for a site to build a second U.S. battery factory with joint venture partner LG Chem of Korea. The companies hope to have a decision on a site in the first half of the year, spokesman Dan Flores said Thursday. Flores would not say where the company is looking but…
White House Sidesteps Question Over Rising Gas Prices
The White House on Thursday sidestepped questions asking if President Joe Biden was doing anything to curb rising gas prices, as those in the industry warn motorists might face $3 per gallon in a matter of weeks. A reporter at the daily briefing asked White House press secretary Jen Psaki if Biden was planning to intervene…
WhiteHouse Sidesteps Question Over Rising Gas Prices
The White House on Thursday sidestepped questions asking if President Joe Biden was doing anything to curb rising gas prices, as those in the industry warn motorists might face $3 per gallon in a matter of weeks. A reporter at the daily briefing asked White House press secretary Jen Psaki if Biden was planning to intervene…
UK Tax Burden Set to Be Highest Since 1960s Due to Pandemic
Britain’s tax burden will rise to its highest level for over 50 years after the chancellor announced significant tax hikes to deal with the consequences of the pandemic. Delivering the annual budget in the House of Commons on March 3, Rishi Sunak, the chancellor of the Exchequer, said that corporation tax will be raised to…
Female Entrepreneurs: Here’s the Best Way to Build Confidence
Building a business can leave you feeling lonely. Week after week, through all the ups and downs, you start to doubt yourself. You’re tempted to give up. When you’re frustrated, maybe you sign up for a webinar, or pick the most recent bestselling book on productivity, or buy a new tool that will help you…
Alamo Drafthouse Cinemas Files for Bankruptcy, Seeks Buyer
AUSTIN, Texas—Alamo Drafthouse Cinemas, a Texas-based dine-in theater chain, said Wednesday that it has filed for bankruptcy due to financial woes during the pandemic. The company plans to find a buyer during its Chapter 11 bankruptcy, which allows it to continue operating while its managers and advisers work on repaying creditors. “The transaction will provide…
It’s Just Not Worth It
Dear Dave, Do you think I should get a new hybrid car to save money on gas? A lot of my friends have done this, and with the rise in gas and oil prices lately, they’re telling me I should, too. According to them, I’ll save a ton of money, especially since I have a…
Is Investing in the Stock Market Gambling?
Dear Carrie: My boyfriend is on his phone all the time trading stocks. Sometimes, he makes a lot of money quickly, and other times, he gets upset because he loses. Overall, though, he says it’s fun and that I should invest too (right now, all of my money is in savings). To me, it all…
Don’t Lose Sleep Over Future Cuts to Social Security
Readers are always telling me they are worried about the future of Social Security. And they say they are inclined to file for Social Security benefits before they originally planned to because they are convinced benefits will be dramatically cut as part of any upcoming Social Security reform. They plan to do this because they…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta