Energy trader Vitol on Friday said its U.S. upstream company, Vencer Energy LLC, will acquire Hunt Oil Company’s Midland Basin assets for an undisclosed sum.Dealmaking in the U.S. shale industry has jumped in 2021 as large companies unload assets to mollify investors angry about years of weak shareholder returns. Vitol is the world’s biggest independent…
A visitor speaks with a representative of Agnico Eagle Mines Ltd at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 1, 2020. REUTERS/Chris HelgrenCanada’s Arctic territory Nunavut has delayed public hearings about a key water disposal project at Agnico Eagle Mines’ (AEM.TO) Meliadine gold mine, a company executive…
Topline A bill in the Louisiana Senate that would have put new restrictions on gender-affirming medical care for minors has been deferred after facing monumental backlash from transgender people and advocates, in a major victory for trans rights in a deeply red state, as GOP legislatures push anti-trans bills around the country. Key Facts The…
Please try another search Economy7 hours ago (Apr 29, 2021 05:50PM ET) 10/10 © Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves 2/10 By Jeffrey Dastin and Akanksha Rana (Reuters) -Amazon.com Inc posted record profits from pandemic shopping and indicated sales would keep growing even as customers…
LONDON (Reuters) – The pound, enjoying a period of calm after 4-1/2 years of Brexit-linked chaos, may suffer some turmoil if an election next week raises the chances of Scottish nationalists calling — and winning — a vote on independence from the United Kingdom.FILE PHOTO: Demonstrators march for Scottish Independence through Glasgow City centre, Scotland,…
A Free-Market Defense Of Coca-Cola, Delta, And ‘Woke’ Capitalism Our auditors at OpenTheBooks.com mapped every government receiving the congressional bailout. Look up your hometown by clicking one of the 50 pins (state capitol) and then scroll down to the chart beneath the map to see the local areas that received Rescue Act aid. Beyond the…
OSLO, April 29 (Reuters) – Western Europe’s largest oilfield, Johan Sverdrup, will ramp up its production in early May, sooner than previously expected, Swedish independent oil firm Lundin Energy said on Thursday.“Phase 1 production capacity is about to step-up to 535,000 barrels of oil equivalent per day (boepd) gross, and I expect, when the impact…
* Q1 net profit NOK 5.9 bln vs forecast NOK 4.9 bln* Return on equity was 10% for the quarter* Unlikely to hit 12% ROE goal this year (Adds background, detail)OSLO, April 29 (Reuters) – Norway’s DNB, which recently launched a bid for rival Sbanken, reported a bigger-than-expected rise in first-quarter earnings on Thursday but…
The U.S. Senate on Wednesday approved a measure restoring regulation of emissions of methane, a potent greenhouse gas, in a 52-42 vote, which Senate Democrats heralded as being key to the fight against climate change.The initial rule, instituted by President Barack Obama, was rescinded by President Donald Trump in the waning days of his presidency.Our…
Please try another search Economy10 minutes ago (Apr 28, 2021 08:06PM ET) 2/2 © Reuters. FILE PHOTO: The Apple Inc logo is shown outside the company’s 2016 Worldwide Developers Conference in San Francisco 2/2 By Stephen Nellis (Reuters) -Apple Inc on Wednesday posted sales and profits ahead of Wall Street expectations fueled by 5G iPhone…
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