Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or politicalContinue Reading
HJBC/iStock Editorial via Getty Images TotalEnergies (NYSE:TTE) plans to exit its gas discoveries off the tip of South Africa to prioritize exploration in areas closer to promising discoveries near Namibia, Bloomberg reported Tuesday. The company plans to give up its license for Block 11B/12B because it doubts whether the complexContinue Reading
Panama7/iStock Editorial via Getty Images Eni (NYSE:E) is looking to raise more than €4B (~$4.3B) from disposals in its global upstream business, as part of a broader strategy of selling €8B in assets over the next three years, Bloomberg reported Monday. The dual approach drawn up by CEO Claudio DescalziContinue Reading
RiverRockPhotos/E+ via Getty Images Lundin Mining (OTCPK:LUNMF) is considering a potential sale of two European zinc mines, as the company seeks to focus on copper in Latin America, Bloomberg reported Thursday. Lundin (OTCPK:LUNMF) reportedly is gauging interest in its Zinkgruvan mine in Sweden and Neves-Corvo mine in Portugal, the company’sContinue Reading
Sean Hannon/iStock via Getty Images SM Energy (NYSE:SM) is in advanced talks to acquire Utah oil and gas producer XCL Resources, in a deal that would value the privately-held company at ~$3B, Bloomberg reported late Wednesday. SM Energy (SM) reportedly could announce a deal with XCL backers including EnCap InvestmentsContinue Reading
Spencer Platt/Getty Images News Exxon Mobil (NYSE:XOM) has taken the first step toward what will be its seventh oil project in Guyana – the Hammerhead project, which would pump as much as 180K bbl/day as soon as 2029, pending government approval – Exxon country manager Alistair Routledge told Bloomberg onContinue Reading
