Brazil’s Oil & Gas Company Achieves Hat Trick: FPSO Start-up Approval, Production Resumption at Another Field, and Portfolio Growth
Hat trick for Brazil’s oil & gas firm with FPSO start-up clearance, production restart at another field and portfolio expansion Brazilian oil and gas player Brava Energia, former 3R Petroleum before the merger with Enauta, is having a busy holiday season, as green light comes in for the firm to put a floating production, storage, and […]
Biden Shuts Down Government to Honor Jimmy Carter
Biden closes government in honor of Jimmy Carter Following the death of former President Jimmy Carter, President Biden on Monday signed an executive order closing all executive departments and agencies of the federal government on Jan. 9. The closures, which Biden described as a “mark of respect” for the 39th president, will be in effect […]
Critical Battery Raw Materials Face Supply-Demand Imbalance by 2030: McKinsey Report
Supply-demand imbalance looms for critical battery raw materials by 2030: McKinsey The burgeoning electric vehicle (EV) market is driving an urgent need for sustainable battery materials, and recent projections by McKinsey highlight both opportunities and challenges facing the industry. As the demand for batteries skyrockets, manufacturers are grappling with supply chain vulnerabilities, environmental sustainability pressures, […]
Africa’s Trailblazing Net Zero Emission Upstream Project Begins New Chapter in Oil and Gas
Africa’s ‘first net zero emission upstream project’ starts its next oil & gas chapter Italy’s energy giant Eni has kicked off production from the second stage of its oil and gas development off the coast of Côte d’Ivoire, which is said to be the largest discovery in this country and the first net-zero upstream project, in terms […]
Is Capital One Financial Corp. (COF) One of Warren Buffett’s Latest Stock Selections?
Is Capital One Financial Corp. (COF) Among Warren Buffett’s New Stock Picks? We recently published a list of Warren Buffett’s 10 New Stock Picks. In this article, we are going to take a look at where Capital One Financial Corporation (NYSE:COF) stands against other Warren Buffett’s new stock picks. Warren Buffett is one of the few […]
Landmark Ruling Causes Turmoil in Onshore Oil and Gas – Drill or Drop?
landmark judgement sparks tumult for onshore oil and gas – DRILL OR DROP? In 2024 the country’s highest court ruled on the climate impact of UK onshore oil and gas production, with tumultuous results for the industry. Campaigners outside the Supreme Court after a majority of justices ruled in their favour. Photo: DrillOrDrop The judgement […]
Weekly Market Outlook: PMI Data and Enhanced Liquidity to Fuel Market Movements
Markets Weekly Outlook – PMI Data and Increased Liquidity to Drive Markets Read More: Japan’s corporate service inflation rises, yen steady Week in Review: Wall Street Falters After Christmas Break A strong week with a gain of 1.08% on the first day of the ‘Santa Rally’ (last trading day before Christmas). Bulls are excited! Since […]
Navigating the Disruption Wave | Global Finance Magazine
Riding The Disruption Wave | Global Finance Magazine New technologies promise vast increases in growth and efficiency. For CFOs, they require balancing stability and transformation. Disruptive technologies are not only reshaping the business landscape, but forcing CFOs to rapidly evolve their strategies and embrace innovation. From the various flavors of artificial intelligence (AI) to digital […]
Turkey Sets Its Sights on Involvement in Syrian Oil and Gas Production
Turkey Eyes Role in Syrian Oil and Gas Production Turkey has signaled it wants to take part in the revival of oil and gas production in Syria, Bloomberg has reported, citing a statement by Turkey’s energy minister. Speaking to the media, Alparslan Bayraktar said that Turkey was working to help Syria with its electricity supply, […]
Charts: EV Battery Metals Bill Hits Record Low as Lithium, Nickel, and Cobalt Prices Decline
CHARTS: EV battery metals bill sets new low as lithium, nickel, cobalt price slump continues In the first eight months of 2024, the global electric vehicle (EV) industry has witnessed a remarkable surge in battery power, totaling 674.6 GWh. This surge arises amidst a notable shift towards hybrid vehicles, which typically incorporate smaller batteries, thereby […]