Russia and Saudi Arabia urge all OPEC+ powers to join oil cuts

Russia and Saudi Arabia urge all OPEC+ powers to join oil cuts

Putin discussed OPEC+ with MbS MbS emphasises need to commit to OPEC+ agreement Putin hosts Iranian president in Moscow MOSCOW, Dec 7 (Reuters) – Saudi Arabia and Russia, the world’s two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy … Read more

Venezuela’s Maduro to push oil exploration in disputed territory

Venezuela’s Maduro to push oil exploration in disputed territory

Venezuelan President Nicolas Maduro attends an event at the National Electoral Council (CNE) after voters in a referendum rejected the International Court of Justice’s (ICJ) jurisdiction over the country’s territorial dispute with Guyana and backed the creation of a new state in the potential oil-rich Esequibo, in Caracas,… Acquire Licensing Rights Read more CARACAS, Dec … Read more

Global banks forecast improved investment banking outlook

Global banks forecast improved investment banking outlook

A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights NEW YORK, Dec 5 (Reuters) – Global bank executives said that dealmaking conditions have begun to improve, with some predicting a better outlook for strategic mergers and acquisitions at an industry … Read more

Venezuelan voters reject ICJ jurisdiction in dispute with Guyana

Venezuelan voters reject ICJ jurisdiction in dispute with Guyana

CARACAS/GEORGETOWN, Dec 3 (Reuters) – Voters in Venezuela rejected the International Court of Justice’s (ICJ) jurisdiction over the country’s territorial dispute with Guyana and backed the creation of a new state in the potential oil-rich Esequibo region in a Sunday referendum. The court this week barred Venezuela from taking any action which would change the … Read more

Environmental groups urge funding halt for TotalEnergies’ Mozambique project

Environmental groups urge funding halt for TotalEnergies’ Mozambique project

TotalEnergies signs are seen at a petrol station in Nice, France, October 10, 2022. REUTERS/Eric Gaillard/File Photo Acquire Licensing Rights CAPE TOWN, Nov 17 (Reuters) – Banks and other financiers should withdraw their support of TotalEnergies’ (TTEF.PA) $20 billion liquefied natural gas (LNG) terminal in Mozambique, environmental lobby groups urged in a letter sent to … Read more

Exclusive: Japan’s JFE Steel eyes stake in Teck’s coal business -sources

Exclusive: Japan’s JFE Steel eyes stake in Teck’s coal business -sources

[1/2]The logo for Canadian mining company Teck Resources Limited is displayed above their booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing Rights TORONTO, Oct 19 (Reuters) – Japan’s JFE Steel Corp is in talks to buy a stake in … Read more

Exclusive: Natgas producer Chesapeake explores buying Southwestern Energy -sources

Exclusive: Natgas producer Chesapeake explores buying Southwestern Energy -sources

A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights Oct 17 (Reuters) – U.S. natural gas producer Chesapeake Energy Corp (CHK.O) has approached Southwestern Energy (SWN.N), a peer valued by the stock market at … Read more

Exxon in talks to pay over $250 per share for Pioneer – Bloomberg News

Exxon in talks to pay over $250 per share for Pioneer – Bloomberg News

ExxonMobil and Pioneer Natural Resources logos are seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 10 (Reuters) – Top U.S. oil producer Exxon Mobil (XOM.N) is in talks to pay more than $250 per share for Pioneer Natural Resources Co (PXD.N), Bloomberg News reported on Tuesday. An all-stock … Read more

Finland says ‘outside activity’ likely damaged gas pipeline, telecoms cable

Finland says ‘outside activity’ likely damaged gas pipeline, telecoms cable

Gas pipeline, telecoms cable connect Finland and Estonia Cause of the damage, and who did it, unclear – Finnish PM No threat to energy safety, telecommunications – Finnish PM European gas prices rise on the news HELSINKI, Oct 10 (Reuters) – A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the … Read more

China’s Hollysys to consider $1.55 bln takeover bid, seek other offers

China’s Hollysys to consider $1.55 bln takeover bid, seek other offers

Bid is latest after multiple offers to buy Hollysys Deutsche Bank to solicit additional potential offers Shares have gained 20.8% year-to-date Oct 2 (Reuters) – China’s Hollysys Automation Technologies , which makes automation and control systems, said on Monday it had set up a committee to consider a $1.55 billion takeover offer from a consortium … Read more