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April 27, 2024
(Bloomberg) -- If you want to understand why the two largest US oil companies are together spending in excess of $100 billion on acquisitions right now, look no further than the amount of crude they’re extracting from the two hottest oil fields on the planet.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesThe Lon...
April 26, 2024
(Bloomberg) -- The last time BHP Group took a swing at another major miner, it was Rio Tinto Plc back in 2007. That could have been a blockbuster $150 billion takeover, but with metals prices crashing as the financial crisis took hold and with China signaling its discontent, the plan crumbled.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s G...
April 26, 2024
The $20 billion refinery started production last year after it received the fifth crude oil shipment of one million barrels of product. | Pulse Nigeria
April 24, 2024
Oil and gas dealmaking continued at a high clip in the first quarter, especially in the Permian Basin. But a thinning list of potential takeout targets, and an invigorated Federal Trade Commission, are chilling the red-hot M&A market.
April 23, 2024
Cross-linked news, and information resources about oil fields
April 23, 2024
Reliance Industries Ltd and bp Plc approved for additional investments in KG-D6 gas reserves, aiming for a 4-5 million cubic meters daily production increase. The recent focus on gas production is evident in their strategies.
April 23, 2024
/PRNewswire/ -- The global industrial absorbents market size is estimated to grow by USD 1122.5 million from 2023-2027, according to Technavio. The market is...
April 22, 2024
Key Insights Vp's estimated fair value is UK£6.89 based on 2 Stage Free Cash Flow to Equity Vp's UK£5.65 share price...
April 22, 2024
Equities Research Analysts’ updated eps estimates for Monday, April 22nd: Arch Resources (NYSE:ARCH) had its buy rating reiterated by analysts at Benchmark Co.. They currently have a $180.00 price target on the stock. Ascendis Pharma A/S (NASDAQ:ASND) had its equal weight rating reaffirmed by analysts at Morgan Stanley. They currently have a $116.00 price target […]
April 22, 2024
The FTSE 100 Index closed at a record high for the first time in more than a year, as recent equity market volatility and geopolitical risks prompted investors to pile into the defensive sectors that characterize the UK benchmark.