TotalEnergies to Buy Sapura Energy Gas Assets for $530 Million: TotalEnergies SE agreed to buy Sapura Energy Bhd.’s 50% stake in Malaysian natural gas producer ...
bloomberg.com/news/articles/2024-04-22/totalenergies-to-buy-sapura-energy-gas-assets-for-530-million
Mukesh Ambani’s Reliance Misses Profit Estimate on Petrochemicals Drag: Reliance Industries Ltd., led by billionaire Mukesh Ambani, posted a lower-than-expected ...
bloomberg.com/news/articles/2024-04-22/ambani-s-reliance-misses-profit-estimate-on-petrochemicals-drag
On @Breakingviews : Ever since Shell CEO Wael Sawan took charge last year, he has made it his mission to close the $230 billion oil giant’s valuation gap with US rivals ... Show more @ywchen1 www.reuters.com/breakingviews/shells-value-gap-is-more-strategy-than-geography-2024-04-19/
Africa Needs $9 Billion to Expand Fuel Infrastructure, Puma Says: Africa must invest $9.3 billion to expand fuel-transportation infrastructure to avoid supply ...
bloomberg.com/news/articles/2024-04-22/africa-needs-9-billion-to-expand-fuel-infrastructure-puma-says
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TotalEnergies Eyes South Africa Fuel Trade With Imports Surging: French oil major TotalEnergies SE plans to expand fuel trade with South Africa after a wave of ...
bloomberg.com/news/articles/2024-04-23/totalenergies-eyes-south-africa-fuel-trade-with-imports-surging
Paid articlePaid Indian shares set to track global markets higher; Reliance, Adani in focus: Indian shares are set to open higher on Tuesday, tracking a rebound in global markets ...
reuters.com/world/india/indian-shares-set-track-global-markets-higher-reliance-adani-focus-2024-04-23/
Quick Glance: Hope for Strong Quarterly Results Drives Wall St Stocks
- Wall Street stocks saw an increase on Monday as investors anticipated a busy week of quarterly results from key companies to gain insight into the health of the U.S. economy.
- All 11 S&P 500 sectors experienced growth, with technology and financial stocks leading the gains.
- In addition to the outstanding corporate earnings, markets are also looking forward to the upcoming release of the PCE data in March later this week to further understand the monetary policy trajectory.
- Megacap growth stocks showed gains, including Alphabet, Amazon.com, and Apple, along with Nvidia's increase to recover from a previous decline.
Orlen Sheds More Light on How Its Swiss Unit Lost $400 Million: Poland’s largest business, the oil company Orlen SA, set out a more detailed account of how it ...
bloomberg.com/news/articles/2024-04-23/orlen-sheds-more-light-on-how-its-swiss-unit-lost-400-million
US oil and gas M&A hits quarterly record after blockbuster 2023: U.S. oil and gas deals hit a record $51 billion in the first quarter, a continuation of last ...
reuters.com/markets/deals/us-oil-gas-ma-hits-quarterly-record-after-blockbuster-2023-2024-04-23/
Sasol Slumps After Flagging Disruptions at South African Sites: Sasol Ltd. shares fell the most in more than three months after the synthetic fuel and chemical ...
bloomberg.com/news/articles/2024-04-23/sasol-slumps-after-flagging-disruptions-at-south-african-sites
Exxon leads industry fight against UN plans to limit plastic: Petrochemical companies oppose global agreement that would cut production to curb pollution
ft.com/content/c02b3f33-fcc0-4aab-be6f-8702443a3622
Exclusive: Venezuela to accelerate cryptocurrency shift as oil sanctions return: Venezuela's state-run oil company PDVSA plans to increase digital currency usage ...
reuters.com/business/finance/venezuela-accelerate-cryptocurrency-shift-oil-sanctions-return-2024-04-22/
India's Reliance Jio says Q4 profit rises 13.2%: India's Reliance Jio Infocomm, the telecom business of Reliance Industries , reported a 13 ...
reuters.com/world/india/indias-reliance-jio-says-q4-profit-rises-132-2024-04-22/
Saudi Aramco in talks to buy 10% of China's Hengli Petrochemical: Saudi oil giant Aramco said on Monday it is in talks to acquire a 10% stake in China's Hengli ...
reuters.com/markets/deals/chinas-hengli-petrochemical-says-saudi-aramco-talks-buy-10-company-2024-04-22/
Pakistan refiners warn $6 bln upgrades at risk due to fuel price deregulation plan
reuters.com/markets/asia/pakistan-refiners-warn-6-bln-upgrades-risk-due-fuel-price-deregulation-plan-2024-04-23/
Mitsui says no decision yet on ADNOC LNG project tie-up after Nikkei report: Japan's Mitsui & Co said on Tuesday nothing has been decided on a liquefied natural ...
reuters.com/business/energy/mitsui-says-no-decision-yet-adnoc-lng-project-tie-up-after-nikkei-report-2024-04-23/
Iraqi father in legal first against BP over son's death: Hussein Julood says the burning of gas at a BP-run oil field in Iraq caused his son's leukaemia.
bbc.com/news/science-environment-68829899
Pilot Travel Centers names Gary Hoogeveen as president of its energy business: U.S. fuel retailer Pilot Travel Centers named Gary Hoogeveen president of its ...
reuters.com/markets/commodities/pilot-travel-centers-names-gary-hoogeveen-president-its-energy-business-2024-04-22/
Quick Glance: New President Appointed for Pilot Travel Centers Energy Business
- Gary Hoogeveen takes over the leadership of Pilot Travel Centers' energy business.
- He will be responsible for the fuel supply chain, fuel procurement, logistics, and transportation.
- Following the acquisition by Berkshire Hathaway, there have been several leadership changes at Pilot.
- The company group operates over 700 locations in North America.
Orlen scraps Venezuela oil deals after heavy losses - source: Polish oil refiner Orlen has cancelled contracts to buy Venezuelan oil and refined products after ...
reuters.com/markets/commodities/polands-orlen-scraps-deals-buy-venezuelan-oil-after-heavy-losses-source-2024-04-23/
Portugal's Galp says field off Namibia could contain 10 bln barrels of oil: Portuguese oil company Galp Energia said on Sunday it had concluded the first phase ...
reuters.com/business/energy/portugals-galp-says-field-off-namibia-could-contain-10-bln-barrels-oil-2024-04-21/
California to wrap up Exxon plastics probe 'in weeks', AG says: California will conclude a two-year investigation into Exxon and the fossil fuel industry's role ...
reuters.com/sustainability/climate-energy/california-wrap-up-exxon-plastics-probe-in-weeks-ag-says-2024-04-23/
Copper demand to boom as new technology drives power consumption, Trafigura says: Flourishing activity in the electric vehicle, power infrastructure ...
reuters.com/markets/commodities/copper-demand-boom-new-technology-drives-power-consumption-trafigura-says-2024-04-22/
Shell, TotalEnergies in Talks for Stakes in Adnoc LNG Plant: Shell Plc and TotalEnergies SE are among several global energy companies in talks to buy stakes in ...
bloomberg.com/news/articles/2024-04-23/shell-totalenergies-in-talks-for-stakes-in-new-adnoc-lng-plant
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Vedanta looks to deleverage group by $3 billion: While VRL looks to deleverage $3 billion in the next three years, the group is expecting to achieve an annual ...
financialexpress.com/business/industry-vedanta-looks-to-deleverage-group-by-3-billion-3460281/
Venezuelan bank staff arrested in state-owned oil company graft case: Venezuela's office of the superintendent of banks said on Monday that arrest warrants have ...
reuters.com/world/americas/venezuelan-bank-staff-arrested-state-owned-oil-company-graft-case-2024-04-22/
Canada's TC Energy says NGTL pipeline system resumes normal operations after fire
reuters.com/business/energy/canadas-tc-energy-says-ngtl-pipeline-system-resumes-normal-operations-after-fire-2024-04-22/
Mexico oil firm Pemex's debt with suppliers rises 17.3% in March: Mexican state oil producer Pemex's debt with suppliers rose 17.3% month-on-month in March to ...
reuters.com/business/energy/mexico-oil-firm-pemexs-debt-with-suppliers-rises-173-march-2024-04-22/
Investors push Equinor to align strategy with global climate goal: Investors have filed a resolution at Norwegian oil company Equinor , majority owned by the ...
reuters.com/sustainability/climate-energy/investors-push-equinor-align-strategy-with-global-climate-goal-2024-04-22/
Ithaca Energy snaps up Eni's UK assets in $940 million North Sea deal: Ithaca Energy has agreed to buy nearly all of Eni's UK-based oil and gas producing assets ...
reuters.com/business/energy/ithaca-energy-buy-enis-uk-assets-about-940-mln-2024-04-23/
Saudi Aramco chief executive defends China’s role in green transition amid closer ties
ft.com/content/c382eec3-5b03-48ec-8acf-5589fdaa6527
Equinor's Hammerfest LNG plant evacuated due to gas leak: Equinor's Hammerfest LNG plant in Arctic northern Norway was evacuated on Tuesday due to a gas leak ...
reuters.com/business/energy/equinors-hammerfest-lng-plant-evacuated-due-gas-leak-2024-04-23/
US indicts 10 over aircraft parts supplied to Venezuela: The U.S. Justice Department on Monday unsealed an indictment charging ten people of conspiracy to evade ...
reuters.com/world/americas/us-indicts-10-over-aircraft-parts-supplied-venezuela-2024-04-22/
Brazil's plans to drill for oil in the Amazon hit stiff Indigenous resistance: State-run energy firm Petrobras has hit growing resistance from Indigenous groups ...
reuters.com/world/americas/brazils-plans-drill-oil-amazon-hit-stiff-indigenous-resistance-2024-04-18/
Quick Glance: Brazil's Struggle Over Amazon Oil Drilling
- Petrobras faces resistance from Indigenous groups and government agencies in its key exploration project to open Brazil's northern coast to oil drilling.
- The denial of a drilling license in the Foz do Amazonas area due to potential impacts on Indigenous groups has led to organized opposition and a decision expected in 2024.
- The conflict highlights a rift in Lula's government, balancing Amazon protection with oil interests, and the potential for a significant oil discovery in Amapa state.
- Indigenous leaders demand consultation before drilling, amid concerns over environmental impact and the influx of migrant workers to Oiapoque.
Stockland and Ampol rev up superfast EV charging stations: Property landlord Stockland has joined forces with fuel supplier Ampol to roll out AmpCharge fast and ...
smh.com.au/business/companies/stockland-and-ampol-rev-up-superfast-ev-charging-stations-20240422-p5flsa.html
Warner Bros. Discovery CEO David Zaslav got paid $50 million even as the company lost money
qz.com/warner-bros-discovery-ceo-david-zaslav-salary-pay-1851423539
Paid articlePaidQuick Glance: GOP's Financial Woes Resolved?
- After positive fundraising headlines for Donald Trump and the Republican National Committee (RNC), it seems the campaign is back on track, but the expenses for success were immense.
- While the Trump-RNC Joint Fundraising Committee, 'Trump 47 Victory', raised millions of dollars, only a fraction of it went towards political activities, exacerbating the financial crisis of the RNC.
- In comparison, the Biden-DNC committee, 'Biden Victory', was able to more effectively redirect funds and financially support Democratic parties in the states.
- A decision by the Federal Election Commission allowed the RNC to use funds from their 'legal' account for campaign advertising, temporarily easing the party's financial crisis but with long-term implications for both parties.
Shunichi Miyanaga, Chairman of the Board, Mitsubishi Heavy Industries, will attend and co-chair the World Economic Forum's Special Meeting on Global ... Show more www.weforum.org/events/special-meeting-on-global-collaboration-growth-and-energy-for-development-2024/ #SpecialMeeting24
Russia's Gazprom shut dozens of gas wells in Orenburg region before floods: A local unit of Russian energy giant Gazprom had to shut down more than two dozen ...
reuters.com/business/energy/russias-gazprom-shut-dozens-gas-wells-orenburg-region-before-floods-2024-04-22/
Petrobras’ Prates Aligns Himself With Lula to Boost Shipbuilding: Brazil’s state-controlled oil producer Petrobras is getting behind President Luiz Inacio Lula ...
bloomberg.com/news/articles/2024-04-18/petrobras-prates-aligns-himself-with-lula-to-boost-shipbuilding
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Brazil's Petrobras could decide dividend payout at shareholders meeting April 25: Brazil's state-run oil firm Petrobras said that a proposal to disburse up to ...
reuters.com/business/energy/brazils-petrobras-could-decide-dividend-payout-shareholders-meeting-april-25-2024-04-20/
Mexico's Galvez says Pemex should focus on exploration, consider geothermal business
reut.rs/3JplLpd
Exclusive: UAE giant eyes majority stake in Vedanta's Zambian mines in expansion drive
reuters.com/markets/deals/uae-giant-eyes-majority-stake-vedantas-zambian-mines-expansion-drive-2024-04-19/
German hardware brand Roccat disappears: The parent company Turtle Beach is eliminating the Roccat brand. The popular gaming accessories will continue to be ...
heise.de/news/Deutsche-Hardware-Marke-Roccat-verschwindet-9691160.html
Focus: As shale oil output slows, one deepwater port struggles for customers: As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious ...
reuters.com/markets/commodities/shale-oil-gains-slow-deepwater-port-struggles-customers-2024-04-22/
Wipro's Q4 revenue tops lowered analyst estimates: Wipro , India's No.4 software-services exporter, edged past already lowered revenue expectations in the fourth ...
reuters.com/world/india/indias-wipro-beats-q4-revenue-estimates-2024-04-19/
PDO names first Omani managing director: MUSCAT: The Board of Directors of Petroleum Development Oman (PDO), the largest oil and gas producer in the Sultanate of ...
omanobserver.om/article/1152372/business/energy/pdo-names-first-omani-managing-director
Petrobras unit to launch by May process to contract four vessels: Brazilian logistics firm Transpetro plans to launch by May a process to contract four ...
reuters.com/business/energy/petrobras-unit-launch-by-may-process-contract-four-vessels-2024-04-18/
Norway wealth fund backs reappointment of BP chair: Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, said on Saturday it would ...
reuters.com/business/energy/norway-wealth-fund-backs-reappointment-bp-chair-2024-04-20/
BP cuts size of executive team, names new head of gas & low carbon energy: British energy giant BP said on Thursday it would reduce the size of its executive ...
reuters.com/business/energy/bp-cuts-size-executive-team-names-new-head-gas-low-carbon-energy-2024-04-18/
TotalEnergies investors call for split of CEO and chair roles: A group of TotalEnergies investors is calling for the French oil and gas major to split the roles ...
reuters.com/business/energy/investors-ask-totalenergies-split-ceo-board-chair-roles-ahead-may-agm-2024-04-18/
Venezuela Arrests Top Oil, Gas PDVSA Officials on Graft Probe: Venezuela’s government arrested two high-level energy officials on Sunday following the detention ...
bloomberg.com/news/articles/2024-04-14/venezuela-arrests-top-oil-gas-pdvsa-officials-on-graft-probe
Paid articlePaid Gulf markets subdued on geopolitical tensions, US rate cut concerns: Most stock markets in the Gulf were subdued on Sunday amid geopolitical strife and ...
reuters.com/markets/gulf-markets-subdued-geopolitical-tensions-us-rate-cut-concerns-2024-04-21/
Back to blue: Lake Harriet Band Shell renovation almost finished: The Minneapolis monument is back to its familiar color after residents petitioned to restore ...
startribune.com/back-to-blue-lake-harriet-band-shell-renovation-almost-finished/600360031/
Canada to give loan guarantees to Indigenous groups for energy projects: OTTAWA, April 16 (Reuters) - Canada will provide up toC$5 billion ($3 ...
reuters.com/world/americas/canada-give-loan-guarantees-indigenous-groups-energy-projects-2024-04-16/
Ecopetrol and Petrobras should collaborate on green hydrogen, Colombian president says
reuters.com/sustainability/climate-energy/ecopetrol-petrobras-should-collaborate-green-hydrogen-colombian-president-says-2024-04-17/
Venezuela oil sector hit by loss of its widest US license: Venezuela's loss of a key U.S. license that allowed it to export oil to markets around the world and ...
reuters.com/markets/commodities/venezuela-oil-sector-hit-by-loss-its-widest-us-license-2024-04-18/
Because of the e-car lull: gas station giant lays off employees: The oil companies are facing major challenges and investments in view of the changes in the ...
focus.de/finanzen/ladeinfrastruktur-ausbau-verlangsamt-wegen-e-auto-flaute-tankstellen-riese-entlaesst-mitarbeiter_id_259868242.html
Michigan seeks comment on permit to increase Marathon refinery throughput: A Michigan regulator said this week it is seeking public comment on a proposed permit ...
reuters.com/markets/commodities/michigan-seeks-comment-permit-increase-marathon-refinery-throughput-2024-04-18/
Nigeria strikes deal with Shell to supply $3.8 bln methanol project: Nigeria has struck a deal for Shell to supply gas to its proposed $3.8 billion Brass ...
reuters.com/business/energy/nigeria-strikes-deal-with-shell-supply-38-bln-methanol-project-2024-04-18/
Air New Zealand to buy green fuel from Finland's Neste to meet net-zero targets: Air New Zealand on Monday signed its largest deal for sustainable aviation fuel ...
reuters.com/business/aerospace-defense/air-new-zealand-buy-green-fuel-finlands-neste-meet-net-zero-targets-2024-04-15/
Canada unions brace for 2025 labor crunch in oil sands maintenance season: Annual maintenance on Canada's oil sands plants is forecast to cause no more ...
reuters.com/markets/commodities/canada-unions-brace-2025-labor-crunch-oil-sands-maintenance-season-2024-04-16/
Aramco boss says China's solar panel, EV output helps affordability: The comments come as the West has stepped up criticism of China's dumping of cheap green ...
businessinsider.com/saudi-aramco-nasser-china-overproduction-solar-panel-ev-output-affordable-2024-4
Toshiba mulls cutting thousands of domestic jobs to reduce costs: Toshiba Corp is considering cutting thousands of workers in Japan as part of efforts to reduce ...
japantoday.com/category/business/toshiba-mulls-cutting-thousands-of-domestic-jobs-to-reduce-costs
Egypt to build solar power stations worth $20 mln: Egypt plans to build two solar power stations worth 1 billion Egyptian pounds ($20.60 million) ...
reuters.com/sustainability/egypt-build-solar-power-stations-worth-20-mln-2024-04-15/
Shell says doing more to rein in global warming is 'unrealistic': It's telling shareholders to vote down a proposal that it bolster its efforts to fight climate ...
qz.com/shell-climate-change-resolution-1851417483
From @Breakingviews : Abu Dhabi National Oil Company has been looking into a potential takeover bid for BP. The energy company is trading at a discount to its oil rivals ... Show more @KarenKKwok
Mexico's Pemex to hand over natural gas project to business magnate, El Heraldo columnist says
reuters.com/business/energy/mexicos-pemex-hand-over-natural-gas-project-business-magnate-el-heraldo-2024-04-18/
Halliburton, Baker Hughes may see deal pressure after SLB's buying spree, industry experts say
reut.rs/3U0AtHT
Indian shares extend fall as volatility rises before key earnings, general elections
reuters.com/world/india/indian-shares-set-muted-open-worries-about-us-rate-middle-east-linger-2024-04-18/
Netflix to stop disclosing membership numbers from 2025: World's largest streaming service says it is more focused on revenue and operating margin as primary ...
thenationalnews.com/business/markets/2024/04/18/netflix-to-stop-disclosing-membership-numbers-from-2025/
A no-doubt homer for Shohei Ohtani 💥
Ohtani now owns the all-time record for most MLB home runs by a Japanese-born player.
🎥 @MLB t.co/4ZXE60NT8d
Quick Glance: Shohei Ohtani Sets New Record for Most MLB Homers
- Los Angeles Dodgers slugger Shohei Ohtani has broken the record for the most homers hit by a Japanese-born player in Major League Baseball.
- During a game at Dodger Stadium, Ohtani hit an impressive homer that flew into the right field bleachers off pitcher Adrian Houser of the New York Mets.
- With this homer, which was Ohtani's 176th in his six years in the MLB, he surpassed Matsui, who played the final 10 years of his 20-year pro career in North America.
- Ohtani's record-breaking blast traveled 423 feet and put the Dodgers ahead 2-0. Prior to this, Ohtani had not hit a homer in seven consecutive games.
Exclusive: BP's EV charging arm cuts jobs, reduces global ambitions: BP has cut over a tenth of the workforce in its electric vehicle charging business and ...
reuters.com/business/autos-transportation/bps-ev-charging-arm-cuts-jobs-reduces-global-ambitions-2024-04-15/
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