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 […]
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 […]
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 […]
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 […]
(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 […]
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 […]
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 […]
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 […]
DALLAS, Mar. 26 /BusinessWire/ — Matador Resources Company (NYSE:MTDR) (“Matador”) today announced that it has priced a private offering of $900 million of 6.500% senior unsecured notes due 2032 (the “New Notes”) at a price […]
Russian state-owned oil and gas major Gazprom has acquired a 27.5% stake in Russian liquefied natural gas (LNG) producer Sakhalin Energy for approximately $1bn (Rbs91.89bn), according to a government order. The stake was previously held […]
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