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HomeFinance

Finance

Acquisition of Wintershall Dea
Big Oil Companies

Adnoc Reportedly Mulling Acquisition of Wintershall Dea

November 24, 2023 Mariel Alumit

Abu Dhabi National Oil Co. is exploring a potential acquisition of Wintershall Dea, the European energy explorer backed by BASF SE, people with knowledge of the matter said. The state-owned Middle Eastern company has been studying […]

Gold price
Finance

Gold price forecast to hit record high

November 24, 2023 Mariel Alumit

Investors are increasingly seeking a safe store of value amid economic uncertainty, according to Fundstrat Gold prices could soon reach a record $2,500 per ounce, driven by safe-haven investor demand in the wake of global […]

Russia’s
Finance

Russia’s economy growing three times faster than Eurozone – Guardian

November 24, 2023 Mariel Alumit

Western sanctions have so far failed to halt Russia‘s economic growth, which is now projected to outpace that of the Eurozone, the Guardian reported on Thursday, citing investment firm Amundi. According to the company’s forecast, […]

Spot LNG shipping rates
Commodities

Spot LNG shipping rates nearly flat this week

November 24, 2023 Mariel Alumit

Spot liquefied natural gas (LNG) freight rates were almost flat this week when compared to the previous week, according to Spark Commodities. Last week, LNG shipping rates fell for the first time in four weeks. […]

Senate
EnergyNews

Senate Democrats Want the FTC to Investigate Pending Oil Mergers

November 23, 2023 Mariel Alumit

Key Takeaways 1: Senator Schumer and 22 of his Democrat colleagues penned a letter to the FTC asking them to investigate the acquisitions of Pione er and Hess by Exxon Mobil and Chevron, respectively. 2: […]

Malaysia’s MISC
Earnings

Malaysia’s MISC reports higher Q3 LNG earnings

November 23, 2023 Mariel Alumit

Malaysia’s LNG shipper MISC, a unit of Petronas, said its LNG business logged a rise in both revenue and operating profit in the July-September period. The shipping firm said its gas assets and solution business, […]

Finance

These Are The Countries With The Highest Inflation Rates – How does energy impact?

November 23, 2023 Mariel Alumit

Venezuela is the country with the highest inflation in the world, with an increase in consumer prices estimated at 360 percent in 2023, according to the latest figures from the International Monetary Fund (IMF), published in October. This is […]

Binance
Crypto

Crypto investors pull over $1 billion out of Binance

November 23, 2023 Mariel Alumit

The outflow follows a huge fine on the exchange and criminal charges against its former CEO in the US The world’s largest crypto exchange Binance saw a sharp uptick in withdrawals after its founder and […]

Clean Energy
Energy Tech

Clean Energy start-ups are struggling as they wait for government aid

November 22, 2023 Mariel Alumit

Oil Price Some American clean energy and technology startups are struggling to keep afloat while waiting for the U.S. Administration to disburse the pledged loans and funds under the landmark Inflation Reduction Act (IRA). Source: […]

bolt-on acquisitions
Exploration and Production

NOG announces bolt-on acquisitions; expands northern Delaware position and enters Ohio Utica shale in Appalachia

November 22, 2023 Mariel Alumit

Oil and Gas 360 HIGHLIGHTS Bolt-on acquisitions of core non-operated working interest properties in the Northern Delaware and Appalachian Basins for a combined initial purchase price of $170 million in cash and 107,657 shares of […]

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