
Kevin Crowley
U.S. Oil Reporter at Bloomberg News
U.S. oil reporter for Bloomberg. Previously mining in South Africa, finance in London. Commodities, Arsenal & Springsteen.
Articles
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1 week ago |
bloomberg.com | Emma Sanchez |Emma Sánchez |David Wethe |Kevin Crowley
Liberty Lift Solutions LLC pumpjacks. (Bloomberg) -- Energy Secretary Chris Wright says Donald Trump’s administration is giving the “green light” to more US oil production, but the signal from the fracking company he used to run is flashing bright red. Liberty Energy Inc., which Wright led until his appointment to Trump’s cabinet, has tumbled 43% this year, one of the most precipitous declines among US energy stocks.
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1 week ago |
news.bloomberglaw.com | Emma Violand Sanchez |Emma Sánchez |David Wethe |Kevin Crowley
Energy Secretary Chris Wright says Donald Trump’s administration is giving the “green light” to more US oil production, but the signal from the fracking company he used to run is flashing bright red. Liberty Energy Inc., which Wright led until his appointment to Trump’s cabinet, has tumbled 43% this year, one of the most precipitous declines among US energy stocks. The value of Wright’s stake in Liberty has fallen by nearly half to about $30 million over that period.
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1 week ago |
news.bloomberglaw.com | Kevin Crowley
Biden-era antitrust rulings that barred two prominent oil executives from serving on the boards of the biggest US oil companies are being challenged. Scott Sheffield, a shale trailblazer who orchestrated the $63 billion sale of Pioneer Natural Resources Co. to Exxon Mobil Corp., asked the Federal Trade Commission to throw out a ruling that banned him from joining the suitor company’s board. Separately, Chevron Corp. and Hess Corp.
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1 week ago |
bloomberg.com | Kevin Crowley
The Federal Trade Commission (FTC) headquarters in Washington, DC, US, on Wednesday, March 19, 2025. The Trump administration dismissed two Democrats on the US Federal Trade Commission on Tuesday, in the latest move by the White House to assert control over US agencies. Photographer: Al Drago/Bloomberg(Bloomberg) -- Biden-era antitrust rulings that barred two prominent oil executives from serving on the boards of the biggest US oil companies are being challenged.
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1 week ago |
news.bloomberglaw.com | Kevin Crowley
Biden-era antitrust rulings that barred two prominent oil executives from serving on the boards of the biggest US oil companies are being challenged. Scott Sheffield, a shale trailblazer who orchestrated the $63 billion sale of Pioneer Natural Resources Co. to Exxon Mobil Corp., asked the Federal Trade Commission to throw out a ruling that banned him from joining the suitor company’s board. Separately, Chevron Corp. and Hess Corp.
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