UK proposes new oil tax to succeed windfall post-2030
The UK government is preparing a new tax framework for oil and gas companies to take effect after 2030, replacing the controversial windfall levy introduced in response to…
The UK government is preparing a new tax framework for oil and gas companies to take effect after 2030, replacing the controversial windfall levy introduced in response to…
Baker Hughes and Woodside Energy have announced a strategic collaboration aimed at reducing carbon emissions in the oil and gas sector by leveraging the Net Power platform. This…
Venture Global, a key player in the liquefied natural gas (LNG) sector, has announced a significant brownfield expansion at its Plaquemines LNG facility, located south of New Orleans,…
U.S. tariffs on Canada and Mexico, combined with signals of ample global supply, have created substantial downward pressure on oil prices, setting the commodity up for its largest…
Teledyne Technologies (NYSE: TDY) has demonstrated remarkable growth over the past 15 years, generating significant returns for long-term investors. The company, which specializes in aerospace, defense, and digital…
A new global study predicts that obesity rates will continue to rise sharply, with estimates suggesting that by 2050, half of the world’s adult population will be classified…
Wall Street is closely watching the Bureau of Labor Statistics’ upcoming jobs report, set for release on Friday morning. Investors and analysts alike are on edge, as this…
The U.S. stock market faced a sharp selloff on Thursday as investor anxiety over trade policies and economic stability intensified. The S&P 500 dropped 1.78%, marking its worst…
The euro is on a “clear path” to becoming a greater force in global reserves, according to Eurogroup President Paschal Donohoe. His remarks come at a time when…
Corporate credit spreads serve as a vital barometer for financial markets, offering critical insights into risk sentiment and investor appetite. Over the past year, high-yield spreads have tightened…
Shares of US LNG exporter Venture Global have taken a sharp downturn as the company’s export volumes have slowed, raising concerns among investors. Since its initial public offering…
The economic policies of former President Donald Trump have significantly affected the perception and reality of U.S. economic exceptionalism. While he inherited a stable and growing economy, his…
The ongoing discussions around U.S. debt and financial strategy have taken an unusual turn with the introduction of what commentators are calling the “Mar-a-Lago Accords.” TS Lombard, a…
Boeing CEO Kelly Ortberg has warned that the company is bracing for a harsh set of employee survey results, highlighting deep cultural and operational issues that persist as…
David Kostin, the Chief U.S. Equity Strategist at Goldman Sachs, has revised his earnings growth forecast due to concerns over a weaker economic outlook. As macroeconomic conditions evolve,…
The U.S. Department of Energy has granted an extension for the export permit of the Golden Pass LNG project, a collaboration between ExxonMobil and QatarEnergy. Located in Sabine…
The U.S. dollar recently experienced its sharpest two-day decline in over two years, sparking debates among economists and market analysts. Some experts view the decline as a necessary…
The stock market staged a rebound as investors reacted positively to former President Donald Trump’s decision to grant automakers some relief on tariffs. The auto industry has been…
Cybercrime operations have become more sophisticated as technology advances, with security experts warning that it has never been easier to launch online scams. Artificial intelligence (AI) tools, deepfake…
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman has made a statement ahead of U.S. President Donald Trump’s address to Congress, highlighting the ongoing historic…
Global energy consultancy Xodus has announced the acquisition of Daymark Energy Advisors, a strategic move aimed at enhancing its power networks capabilities amid the accelerating energy transition. This…
Saudi Aramco’s CEO has projected that global oil demand will reach an all-time high in 2024, driven primarily by increased consumption in major Asian economies, particularly China and…
Norway’s $1.8 trillion sovereign wealth fund, known as the world’s largest, has taken a significant step by allocating capital to an externally managed hedge fund utilizing a long-short…
Equinor has announced a significant gas and condensate discovery in the Norwegian Sea, reinforcing Norway’s critical role in Europe’s energy security. The company, alongside its partners Okea and…
Crude oil inventories in the United States increased by 3.6 million barrels for the week ending February 28, according to the latest data from the U.S. Energy Information…
For the first time in decades, the global private equity industry has experienced a contraction, signaling a profound shift in investor sentiment and capital deployment strategies. According to…
Former President Donald Trump delivered a defiant speech cautioning that his proposed tariffs could create “a little disturbance” in the global economy while reiterating his commitment to imposing…
The markets are experiencing a wave of uncertainty as concerns over slowing economic growth take precedence over fears of new tariffs. Investors have been grappling with weaker economic…
Global stocks showed signs of recovery as investors grew optimistic following comments from Commerce Secretary Howard Lutnick, who suggested that tariffs could see reductions in the near future.…
K-pop stocks have remained a bright spot for investors in South Korea, despite mounting economic and political uncertainty. Major entertainment firms such as HYBE, SM Entertainment, and YG…