Shale magnate Scott Sheffield accuses Exxon of 'smear campaign' to block board seat — Scott Sheffield, founder of Pioneer Natural Resources, has accused ExxonMobil of collaborating with the Federal Trade Commission (FTC) in a 'smear campaign' to block his board seat following Exxon's $60bn acquisition of (Financial Times News, 2026-09-24)
Why Profitable Refiners Close Refineries — U.S. refining capacity declined from 19 million barrels per day in early 2020 to 18.2 million barrels per day by early 2026, with refinery count falling from 135 to 130 facilities. However, recent closures reflect econom (Forbes, 2026-09-23)
Nvidia's Immense Dividend Hike Puts Dividend Growth Stocks in the Spotlight — Nvidia announced a 2,400% increase in its quarterly dividend to $0.25 per share in May, bringing its annual dividend payout to approximately $25 billion and positioning it as one of the largest dividend payers in the US (Morningstar, 2026-09-23)
Chevron plans drilling spree as it overhauls oil and gas search — Chevron plans to increase its exploration budget by more than 50% in 2026 compared to 2025, as new exploration head Kevin McLachlan seeks to overhaul the company's oil and gas search. The spending surge follows a decade (Financial Times News, 2026-09-20)