BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said.
By Matteo Lanzafame, Antonio Francesco Gravina Finance, globalization, technology and urbanization –
Egypt’s work to broker and secure a truce in the Gaza Strip this month has thrust it into the diplomatic spotlight, prompting top-level reengagement from Washington and overshadowing moves by several Arab states to normalise ties with Israel.
Futures for Canada’s main stock index rose on Friday as oil prices gained on optimism of a demand recovery, overshadowing concerns about more supply from Iran once sanctions are lifted.
BITCOIN SLUMPS 8% AS IT HEADS FOR BRUISING MONTHLY DROP
A Dutch court’s decision to force Royal Dutch Shell (RDSa.L) to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, especially in European countries, according to lawyers and activists.
This year China’s government has been gradually ramping up scrutiny of its sprawling oil industry, reinforcing its authority with new taxes on refined products while investigating crude imports by state energy giants and independent refiners.
The full makeup of Exxon Mobil Corp’s board of directors remained undecided following Wednesday’s hotly contested election in which 16 candidates vied for 12 seats.
U.S. motorists will see the highest gasoline prices in seven years when they hit the roads this Memorial Day weekend, the traditional start of the summer driving season, as fuel demand surges alongside coronavirus vaccination rates.
Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil to change its ways, laughter echoed through Wall Street circles, from the fund’s name that recalled a famous children’s book to its tiny, then-$40 million stake in what was once the world’s largest publicly traded company.
BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said.
By Matteo Lanzafame, Antonio Francesco Gravina Finance, globalization, technology and urbanization –
Egypt’s work to broker and secure a truce in the Gaza Strip this month has thrust it into the diplomatic spotlight, prompting top-level reengagement from Washington and overshadowing moves by several Arab states to normalise ties with Israel.
Futures for Canada’s main stock index rose on Friday as oil prices gained on optimism of a demand recovery, overshadowing concerns about more supply from Iran once sanctions are lifted.
BITCOIN SLUMPS 8% AS IT HEADS FOR BRUISING MONTHLY DROP
A Dutch court’s decision to force Royal Dutch Shell (RDSa.L) to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, especially in European countries, according to lawyers and activists.
This year China’s government has been gradually ramping up scrutiny of its sprawling oil industry, reinforcing its authority with new taxes on refined products while investigating crude imports by state energy giants and independent refiners.
The full makeup of Exxon Mobil Corp’s board of directors remained undecided following Wednesday’s hotly contested election in which 16 candidates vied for 12 seats.
U.S. motorists will see the highest gasoline prices in seven years when they hit the roads this Memorial Day weekend, the traditional start of the summer driving season, as fuel demand surges alongside coronavirus vaccination rates.
Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil to change its ways, laughter echoed through Wall Street circles, from the fund’s name that recalled a famous children’s book to its tiny, then-$40 million stake in what was once the world’s largest publicly traded company.
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