The two-tower property sold at a 75% discount. ING’s loss was much smaller. Investors took a bigger loss. By Wolf Richter for WOLF STREET. Banks have been trying to get rid of bad commercial real estate loans to […]
Energy Security starts at home, and investors need to consider investments with returns and assess how their products may have supply chain constraint potential issues. In the current geopolitical landscape, new trading blocs are forming. […]
Below is an analysis of Chart Industries, Inc. (NYSE: GTLS) based on its most recent earnings report and insights into the announced merger with Flowserve Corporation (NYSE: FLS). The analysis draws from available web sources […]
Daily Standup Top Stories How big is the Alaska LNG Project? Glenfarne says more than 50 firms interested in Alaska LNG project June 4, 2025 Mariel Alumit The Alaska LNG Project: A Mega-Project for Energy Security […]
Norwegian energy major Equinor has exercised a two-well option for one of Transocean’s semisubs. The option, exercised for the 2010-built Transocean Spitsbergen, will contribute approximately $100m in backlog, excluding additional services. The work on the […]
ENB Pub Note: We are seeing the intersection of green energy policies, the left’s political fervor to change, and the ‘woke’ movement influencing business migration. Businesses will relocate to countries that foster an environment conducive […]
As global energy markets navigate a complex landscape of geopolitical pressures, demand fluctuations, and supply dynamics, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) remain pivotal in shaping oil prices and supply. […]
Waiting for lower prices, higher incomes, and lower rates. By Wolf Richter for WOLF STREET. Applications for mortgages to purchase a home fell again in the latest reporting week, having collapsed by 39% from the same week in […]
The oil and gas industry is no stranger to volatility, and 2025 is shaping up to be another wild ride. A recent headline grabbed the attention of investors and analysts alike: Banks Cut 2025 Oil […]
In a dramatic turn of events, the Morning Midas, a cargo ship carrying approximately 3,000 vehicles—including 800 electric vehicles (EVs)—was abandoned in the Pacific Ocean on June 3, 2025, after a fire broke out 300 […]
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