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☆ House Democrats investigate if Big Oil colluded with OPEC to inflate gas prices
▼ + stars: | 2024-05-22 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Congressional Democrats are investigating whether leading US oil companies have illegally colluded with one another and with OPEC to inflate prices at the pump, CNN has learned. The Federal Trade Commission earlier this month accused Sheffield, the founder of Pioneer Natural Resources, of conspiring with OPEC and its allies to boost prices. Pallone argued that public data suggests US oil producers did not ramp up drilling during the period that Sheffield was trying to influence his rivals. Pallone sent Exxon additional document demands, including communications between Pioneer employees who were involved in developing production plans and representatives of OPEC and OPEC+. Sheffield was among the oil CEOs who testified before Pallone’s committee during an April 2022 hearing on Big Oil and gas prices.

Persons: Frank Pallone Jr, ”, Scott Sheffield, “, ” Pallone, Sheffield, Hess, Pallone Organizations: New, New York CNN, Congressional, OPEC, CNN, Committee, Energy, Commerce, ExxonMobil, BP, New Jersey Democrat, Federal Trade Commission, Sheffield, Pioneer Natural Resources, FTC, Oil, Exxon, Chevron, Shell USA, Devon Energy, Big, ” Locations: New York, Chevron, Hess, BP America, New Jersey, Texas, OPEC, Russia, colluding, United States, ”, Occidental

☆ Restaurants are competing for frugal diners’ dollars
▼ + stars: | 2024-05-03 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

For some restaurants, it feels like a battle to get them to spend. Olive Garden-parent Darden Restaurants saw same-restaurant sales dip during its most recent quarter. Darden saw sales from households with incomes above $150,000 climb from the prior year. What to expect in Friday’s jobs reportThe US job market has been on a roll for the past three years. That’s about 25,000 more jobs per month than last year and 111,000 more per month than in 2019.

Persons: ”, Laxman Narasimhan, “, we’ve, Ian Borden, Ricardo Cardenas, Scott Sheffield, “ Mr, —, Matt Egan, Read, Alicia Wallace, ” Julia Pollak, ZipRecruiter Organizations: CNN Business, Bell, New York CNN, Starbucks, Darden, OPEC, Federal Trade Commission, Sheffield, Organization of, Petroleum, Saudi Arabia, Regulators, Pioneer Natural Resources, CNN, of Labor Statistics Locations: New York, China, Olive, American, Saudi, Sheffield, Texas, OPEC, Russia

☆ F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources
▼ + stars: | 2024-05-02 | by ( Clifford Krauss | More About Clifford Krauss | ) www.nytimes.com time to read: +1 min

The Federal Trade Commission on Thursday approved Exxon Mobil’s acquisition of Pioneer Natural Resources as long as Exxon excludes Pioneer’s chief executive from its board. Exxon’s purchase of Pioneer is one of several large mergers and acquisitions in the oil and gas industry in recent years. accused Pioneer’s chief executive, Scott Sheffield, of colluding with officers of the Organization of Petroleum Exporting Countries and its allies to control global oil production and prices. Sheffield’s past conduct makes it crystal clear that he should be nowhere near Exxon’s boardroom,” Kyle Mach, deputy director of the commission’s Bureau of Competition, said in a statement. “American consumers shouldn’t pay unfair prices at the pump simply to pad a corporate executive’s pocketbook.”

Persons: Pioneer’s, Scott Sheffield, Mr, Kyle Mach, ” Organizations: Federal Trade Commission, Exxon, Natural Resources, Pioneer’s, Organization of Petroleum, Competition Locations: Texas, New Mexico, commission’s

☆ Scott Sheffield, former Pioneer CEO, accused of trying to conspire with OPEC to inflate prices
▼ + stars: | 2024-05-02 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its allies to inflate prices, federal regulators alleged on Thursday. Regulators say Sheffield, then the CEO of Pioneer Natural Resources, used WhatsApp conversations, in-person meetings and public statements to try to “align oil production” in the Permian Basin in Texas with that of OPEC and OPEC+, the wider group that includes Russia. Unlike with OPEC nations, US oil production is supposed to be decided by the free market, not by coordination among the major players. The FTC said that while Sheffield was discussing efforts to coordinate output with other Texas producers, the Pioneer CEO said: “If Texas leads the way, maybe we can get OPEC to cut production. Exxon said that in response to the FTC’s concerns, it will not add Sheffield to its board.

Persons: New York CNN — Scott Sheffield, “ Mr, —, Kyle Mach, Sheffield “, Douglas Farrar, Sheffield, ”, Exxon Organizations: New, New York CNN, OPEC, Federal Trade Commission, Sheffield, Organization of, Petroleum, Saudi Arabia, Regulators, Pioneer Natural Resources, FTC, ExxonMobil, Competition, CNN, Railroad Commission, Texas, Exxon Locations: New York, American, Saudi, Sheffield, Texas, OPEC, Russia, FTC’s, Saudi Arabia

☆ Arsenal wins 6-0 in ‘one of the most one-sided games’ in Premier League history
▼ + stars: | 2024-03-05 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —In what was one of the most one-sided games in English Premier League history, a rampant Arsenal thrashed Sheffield United 6-0 on Monday. Many Sheffield United fans left before the end of the match at Bramall Lane. The club has struggled since being promoted to the English Premier League this season and currently sits bottom of the league on goal difference. The team has now conceded 12 goals in its last three league games, without managing to find the net once itself. Arsenal also made history on Monday, becoming the first side in English league soccer history to win three successive away games by five goals or more, according to Opta.

Persons: Captain Martin Ødegaard, Jayden Bogle, Gabriel Martinelli, Kai Havertz, Declan Rice, Jamie Carragher, Ben White, Bramall Lane, David Rogers, “, Mikel Arteta, postmatch, Carl Recine, ” Organizations: CNN, English Premier League, Arsenal, Sheffield United, Blades, Bramall, Gunners, Sky Sports, Premier League’s, Getty, ” Arsenal, Reuters, Manchester City, Liverpool, Brentford, City Locations: Bramall Lane, London

☆ An English City Gave Soccer to the World. Now It Wants Credit.
▼ + stars: | 2024-02-14 | by ( Rory Smith | ) www.nytimes.com time to read: +1 min

As far as the man in the food truck is concerned, the patch of land he occupies in Sheffield, England, is about as humdrum as they come. To him, the spot — in the drab parking lot of a sprawling home improvement superstore, its facade plastered in lurid orange — is not exactly a place where history comes alive. John Wilson, an academic at the University of Sheffield’s management school, looks at the same site and can barely contain his excitement. He does not see a parking lot. He can see the history: the verdant grass, the sweating players, the cheering crowds.

Persons: John Wilson, Monty ” — Organizations: University of Sheffield’s, Sheffield Locations: Sheffield, England

LONDON (AP) — A man who was arrested on suspicion of manslaughter in the death of American ice hockey player Adam Johnson, whose neck was cut by a skate during a game, was released on bail Wednesday. He was arrested on Tuesday, and released on bail on Wednesday pending further inquiries. Petgrave skates toward Johnson and collides with another Panthers player. Petgrave's left skate kicks up as he begins to fall and the blade hits Johnson in the neck. It would be rare, but not unprecedented, for a hockey player to be charged.

Persons: Adam Johnson, Johnson, Matt Petgrave, Petgrave's, Petgrave, Adam, Becs Horsfall, Giacinto, Jim ” Boni, Miran, Schrott, Boni, Marty McSorley, Todd Bertuzzi, McSorley, Donald Brashear, Bertuzzi, Steve Moore, Westin Michaud, Matt, " Michaud, Let’s, ”, Rod Pasma, Pasma, we’re, ” Pasma, “, Dr, Willem Meeuwisse, ” Meeuwisse, Stephen Whyno, ___ Organizations: Nottingham Panthers, Sheffield Steelers, Elite Ice Hockey League, South Yorkshire Police, Sheffield, NHL, Steelers, Panthers, Nottingham, Pittsburgh Penguins, Ice Hockey Association, Elite League, AP, Canadian Press Locations: England, Italy, Canada, Minnesota, Toronto, Washington

NOTTINGHAM, England (AP) — American hockey player Adam Johnson has died after a “freak accident” during a game in England on Saturday, his club said. The 29-year-old Minnesota native was playing for the Nottingham Panthers in a Challenge Cup game against the Sheffield Steelers when he suffered a slashed neck during the second period of the game at Sheffield’s Utilita Arena. “The Nottingham Panthers are truly devastated to announce that Adam Johnson has tragically passed away following a freak accident at the game in Sheffield last night," the team said Sunday morning. Minnesota-born Johnson played for the Pittsburg Penguins in the National Hockey League before spending the 2020-21 season in Sweden with the Malmo Redhawks. “The Panthers would like to thank everyone who rushed to support Adam last night in the most testing of circumstances.

Persons: Adam Johnson, Adam’s, Johnson, Adam, ___ Organizations: Nottingham Panthers, Sheffield Steelers, Sheffield’s, Panthers, Pittsburg Penguins, National Hockey League, Malmo Redhawks, Ontario, Nottingham, UK Elite League Locations: NOTTINGHAM, England, American, Minnesota, Sheffield, Sweden, Canada, Germany, Belfast, Fife, Guildford

☆ Solving the mystery of the most powerful objects in the universe
▼ + stars: | 2023-04-26 | by ( Ashley Strickland | ) edition.cnn.com time to read: +3 min

CNN —Astronomers first discovered quasars, considered to be the brightest and most powerful objects in the universe, 60 years ago — but they didn’t understand their origin. Now, scientists think they have unlocked the mystery behind what ignites these celestial objects. Astronomers observed 48 different galaxies that contain quasars and compared them to more than 100 galaxies without them. When two galaxies merge, massive amounts of gas are pushed toward the supermassive black holes located at their centers. “Quasars play a key role in our understanding of the history of the Universe, and possibly also the future of the Milky Way.”

Share this -Link copiedThe full order of service for the funeral at Westminster Abbey The funeral service for Queen Elizabeth II is underway at Westminster Abbey. Police officers patrol outside Westminster Abbey in London on Monday, ahead of the state funeral service for Queen Elizabeth II. The coffin of Queen Elizabeth II leaves Westminster Hall for her funeral service in Westminster Abbey. Around 2,300 police officers will line the route from Westminster Abbey to Windsor Castle and 1,000 police officers will line the route from Westminster Abbey to Wellington Arch. Share this -Link copiedBuckingham Palace releases previously unseen portrait of queen Queen Elizabeth II, photographed at Windsor Castle in May 2022.

☆ Queen Elizabeth II funeral live updates: Britain, world say farewell to iconic monarch
▼ + stars: | 2022-09-19 | by ( Patrick Smith | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Yuliya-Talmazan-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +20 min

“Today I respectfully join leaders from Britain, Ireland & the international community at the funeral of Queen Elizabeth II as she is laid to rest,” O’Neill tweeted. “Passengers can use their tickets on Tube and bus services instead,” the Heathrow Airport announced ahead of the queen’s funeral. Around 2,300 police officers will line the route from Westminster Abbey to Windsor Castle and 1,000 police officers will line the route from Westminster Abbey to Wellington Arch. Share this -Link copiedBuckingham Palace releases previously unseen portrait of queen Queen Elizabeth II, photographed at Windsor Castle in May 2022. Ranald Mackechnie / PA This previously unseen photo of Queen Elizabeth II was released late Sunday by Buckingham Palace.

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