(WO) – VAALCO Energy, Inc. has entered into a sales and purchase agreement (“SPA”) to acquire Svenska Petroleum Exploration AB (“Svenska”), a privately-held exploration and production (“E&P”) company based in Stockholm, Sweden. Svenska’s primary asset […]
India is the world’s fastest-growing economy and its expansion in the final quarter of last year exceeded expectations, according to International Monetary Fund (IMF) executive director Krishnamurthy Subramanian. Indian gross domestic product (GDP) grew 8.4% […]
Today’s Western leaders exhibit a strange mix of self-assuredness and anxiety that’s characteristic of those defending the status quo during times of sweeping change US Treasury Secretary Janet Yellen has become the latest to add […]
Spot charter rates for the global liquefied natural gas (LNG) carrier fleet decreased this week, while European and Asian prices rose compared to the week before. Last week, Atlantic spot LNG freight rates dropped below […]
Core services inflation dished up bad head fakes last time we had this mess in 1966-1982. Mention of a rate hike crops up in a Fed speech. By Wolf Richter for WOLF STREET. Over the past year or […]
For generations, Germany has been a manufacturing powerhouse. The country was in the vanguard of the industrial revolution in the nineteenth century, establishing dominant positions in electrical components manufacturing and chemical production. Devastated by WWII, […]
“Delhi has had to weigh its geopolitical economic interests as a close ally of the U.S. in the Indo-Pacific region with its continued dependence on cheap Russian oil, coal, and fertilizers and armaments for meeting […]
HOUSTON, TX (February 29, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas. […]
Image: TotalEnergies French energy giant TotalEnergies has signed a 16-year liquefied natural gas (LNG) supply deal with Singapore’s Sembcorp Industries. TotalEnergies Gas & Power Asia and Sembcorp Fuels signed the sale and purchase agreement. According […]
US FSRU player Excelerate Energy reported higher net income and adjusted Ebitda in 2023 mainly due to new charters in Finland and Germany. Besides new charters, net income rose 58.5 percent to $126.8 million in […]
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