The Fuse

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Exxon Removed From Dow Jones

In a sign of the times, ExxonMobil has been replaced on the Dow Jones Industrial Average by tech company Salesforce.

topics: Coronavirus, COVID-19, Exxon, ExxonMobil, Low Oil Prices, oil, Oil Demand, Oil Prices, Oil Production, Oil Supply, Shale, Shale Oil, Shale Oil Production

A Mediterranean Scramble: Unraveling the Turkish Fight for Natural Gas

With vast reserves of natural gas at stake, regional tensions in the Eastern Mediterranean are heating up.

topics: Cyprus, Eastern Mediterranean, Egypt, France, Greece, jordan, Leviathan, Natural Gas, Turkey, Zohr, Zohr gas field

Oil Downturn Rocks State Budgets

U.S. state governments dependent on oil and gas revenues face a fiscal crunch as COVID-19 hits production.

topics: Coronavirus, COVID-19, Oil Prices, Oil Production, Oil Supply, Shale, Shale Oil, Shale Oil Production, State budgets