Billionaire investor Carl Icahn says the energy sector will bounce back one day but shareholders need to be very patient and he is not urging people to buy. Icahn, with stakes in SandRidge Energy, CVR Energy, Cheniere Energy and Occidental Petroleum, said the key to making money is to buy when companies are out of …
October 9, 2020 archive
Oil Site Leaked Gases Uncontrollably for Months, Group Says
An oil well site in the Permian Basin owned by a bankrupt shale producer has spewed polluting gases into the atmosphere for 10 months, despite being investigated by Texas regulators, according to an environmental group. Infrared video footage collected during multiple visits from November 2019 through September show “continuous intense and significant” emissions from …
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