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HomeFinance

Finance

SilverBow Resources
Earnings

SilverBow Resources Highlights Successful Implementation of Strategy and Positive Business Momentum

March 29, 2024 Mariel Alumit

Proposes Significant Corporate Governance Enhancements Concludes Kimmeridge’s Proposal Substantially Undervalues SilverBow; Believes Shareholders Need Relevant Information About KTG Asset Value Launches www.FutureOfSilverBow.com, Providing Additional Information for Shareholders Files Preliminary Proxy Statement and Sends Letter to Shareholders […]

Global natural gas investments
Exploration and Production

Global natural gas investments to reach almost $9 trillion by 2050

March 29, 2024 Mariel Alumit

ANKARA  The Gas Exporting Countries Forum’s (2050) forecast report projects that global natural gas investments will total almost $9 trillion by 2050, with $8.2 trillion directed toward the upstream sector and $0.74 trillion for the […]

German
Energy Policy

German output falls for seventh month in row as gloom persists

March 29, 2024 Mariel Alumit

Germany reinforced its status as ‘the sick man of Europe’ as the once-mighty industrial sector clocked up its longest downturn since the aftermath of reunification three decades ago. Europe’s largest economy and one-time driving force […]

France
Finance

Expect A Financial Crisis In Europe With France At The Epicenter

March 29, 2024 Mariel Alumit

The EU never enforced its Growth and Stability Pact or Maastricht Treaty rules. The crisis is coming to a head with France and Italy in the spotlight. The first casualty will be Green policy. Compliance […]

Corporate Profits
Finance

Resurging Corporate Profits Show Inflationary Pressures Are Reheating after Lull: Corporate Profits by Major Industry

March 28, 2024 Stu Turley

By Wolf Richter for WOLF STREET. Corporate pre-tax profits in all nonfinancial domestic industries combined – this excludes our suffering banks and other financial companies – jumped by 5.6% in Q4 from Q3, and by 10.7% year-over-year to […]

SWIFT
Digital Currencies

SWIFT planning launch of new central bank digital currency platform in 12-24 months

March 28, 2024 Mariel Alumit

LONDON, March 25 (Reuters) – Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank digital currencies now in development to […]

Haynesville shale
Exploration and Production

Haynesville shale attracting investor interest in IPOs, Aethon Energy Management reports

March 28, 2024 Mariel Alumit

(Bloomberg) – There is growing investor interest in more publicly traded drillers in the natural gas-rich Haynesville shale of Louisiana, according to closely held Aethon Energy Management. There’s “a lot of desire out there to […]

US Debt
Finance

CBO Director Warns Of Debt Market Meltdown With US Debt On “Unprecedented” Trajectory

March 28, 2024 Mariel Alumit

We’ve been pointing it out for so long – in fact, for most of our 15 years in existence – that it has become more of a chore than actual reporting, especially since the “number only go […]

Oil prices
Crude Oil News

Oil prices advance on tighter supply outlook

March 28, 2024 Mariel Alumit

LONDON, March 28 (Reuters) – Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter supply outlook ahead, while the OPEC+ producer alliance was widely expected to stay the […]

Marathon Oil Corporation
Exploration and Production

Marathon Oil Corporation Announces Pricing of Offering of $600 Million of Senior Notes Due 2029 and $600 Million of Senior Notes Due 2034

March 27, 2024 Mariel Alumit

HOUSTON, March 26, 2024 /PRNewswire/ — Marathon Oil Corporation (NYSE: MRO) (the “Company“) announced today that it has priced an offering of senior notes in an aggregate amount of $1.2 billion, consisting of $600 million principal amount of its 5.300% Senior […]

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