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HomeFinance

Finance

BW LPG
Finance

BW LPG shares set to start trading on NYSE next week

April 23, 2024 Mariel Alumit

VLGC owner and operator BW LPG is poised to see its shares listed on the New York Stock Exchange on Monday, April 29. The Oslo-listed unit of Singapore’s BW Group said that the NYSE had […]

Express
Finance

Brick-and-Mortar Meltdown Fells Express. Simon Property & Brookfield, to Avert Vacant Stores and Bad Leases at their Malls, to Buy the Brands and 435 Stores out of Bankruptcy

April 22, 2024 Stu Turley

By Wolf Richter for WOLF STREET. Express Inc, once a high-flying fashion retailer for the younger crowd with 542 stores in the US, and with three brands – Express, UpWest, and Bonobos – finally filed for pre-packaged Chapter […]

Venezuela
Bitcoin

Venezuela Looks to Crypto for Oil Sales As Sanctions Return

April 22, 2024 Mariel Alumit

With Venezuelan oil sanctions set to be reimposed and state-run PDVSA oil company buyers and suppliers under orders to close out transactions in line with sanctions by the end of May, the country is now […]

SilverBow Resources
Crude Oil News

SilverBow Resources Sends Letter to Shareholders Highlighting Path Forward for Value Creation

April 22, 2024 Mariel Alumit

SilverBow Resources Provides Company Perspective on Kimmeridge’s Significant Overvaluation of KTG and Massively Dilutive Proposal Believes Kimmeridge Efforts to Gain Control Through Proxy Fight Is Another Path to Forcing a Value Destructive Combination With KTG […]

Diesel Prices
Downstream

Weak Diesel Prices Reflect Global Economic Slowdown

April 22, 2024 Mariel Alumit

Back in September last year, Bloomberg reported that refineries around the world were struggling to keep up with demand for diesel fuel. That imbalance led to soaring diesel prices, with the fuel gaining 60% in Europe and […]

Chevron
Big Oil Companies

Investors Ask Chevron to Issue Tax Transparency Report

April 22, 2024 Mariel Alumit

A group of Chevron Corp. investors has asked the United States oil giant to make available to shareholders a detailed report of its tax payments, warning of risks of vulnerability to tax law enforcement and […]

credit cards
BRICS

Iran to accept Russian credit cards – Izvestia

April 22, 2024 Mariel Alumit

Tehran is preparing the financial infrastructure for the Visa and Mastercard alternative, a trade envoy has said Iran could start accepting Russian Mir debit and credit cards within the next few months, the trade attaché […]

Ukraine-Israel
ENB Pub Note

US House advances $95 billion Ukraine-Israel package toward Saturday vote

April 20, 2024 Stu Turley

ENB Pub Note: This is a travesty and should be recognized as such. The bill contains things that only a uni-party would want devastating to United States Citizens.  The US House of Representatives advanced a $95 […]

Shell
Earnings

Shell Australia returns $4 billion to global parent despite another hit on Prelude LNG project

April 19, 2024 Mariel Alumit

Shell has taken another hit on its floating Prelude LNG project in north-west WA as its Australian profits were savaged by nearly $2 billion of new writedowns last year. The oil and gas giant’s Australian […]

Russia
Finance

Russia Set to Outpace All Advanced Economies – Sanctions FAILED

April 18, 2024 Mariel Alumit

Sanctions and the removal of Russia from SWIFT have not deterred the Russian economy. A recent report by the International Monetary Fund (IMF) predicts that Russia’s economy will grow more in the next year than […]

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