April 11 (Reuters) - Latin American oil and gas producer GeoPark said on Thursday it had submitted a binding offer to acquire a non-operated working interest in unconventional blocks in the Neuquen Basin in Argentina from an unnamed seller. (Reporting by Sourasis Bose in Bengaluru; Editing by Anil D'Silva)
An investigation was launched after a Boeing 737 Max flown by Ryanair plunged at alarming speed during its final approach to London Stansted Airport, it has emerged.Flight data reveals that on December 4 last year, flight FR1269 dropped more than 2,000ft in a mere 17 seconds.
David Latin is losing his patience. The chairman of Serica Energy has worked in the oil and gas industry for more than 30 years. He once ran a company that drilled in a war zone.
STORY: Aircraft delivery issues are having a "brutal" impact on Lufthansa, and won't be resolved before the end of the decade.That's according to CEO Carsten Spohr, speaking at a business press club in Stuttgart late Thursday (June 27).He said the aircraft shortage could be costing Lufthansa some $535 million a year - although he did not provide an exact figure.The German group has ordered 250 new aircraft from Airbus and Boeing to modernize its fleet.Those deliveries are scheduled between this year and 2029, but Spohr said, "no plane arrives on time." He added around 100 of Lufthansa's 750 aircraft were grounded either for maintenance reasons or because they'd been decommissioned.Earlier this week, Airbus lowered its forecast for deliveries this year to around 770 jets from around 800. The announcement came with growing doubts among suppliers over its jet output as Airbus grapples with parts shortages.At rival Boeing, a series of incidents have raised regulatory scrutiny of the U.S. manufacturer.It's added to delays in deliveries that originated during the pandemic.
The airport expects 82.8 million passengers this year, more than the current record of 80.9 million before the pandemic hit.
(Bloomberg) -- There’s a growing list of institutional investors in Europe who are stripping oil and gas stocks out of their portfolios, in a move they say reduces the risk of ending up with stranded assets and financial losses.Most Read from BloombergGavin Newsom Is Ready for the Biden EmergencyThe Question on Democrats’ Minds: How to Replace Biden?Biden’s Disastrous Debate Accelerates Doubts Over CandidacySupreme Court Overturns Chevron Rule in Blow to Agency Power‘I Was Afraid of This’: Biden
NFU vice president Rachel Hallos was at the Royal Norfolk Show to help raise important farming industry issues ahead of next week's General Election.
We recently compiled a list of the 10 Best Tech Stocks to Buy According to Brad Gerstner. In this article, we are going to take a look at where Snowflake Inc. (NYSE:SNOW) stands against the other tech stocks. Gerstner is Bullish on Tech in 2024 On December 1, 2023, Brad Gerstner, the CEO of Altimeter […]
(Reuters) -Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher supply from key producers counter risks from geopolitical tensions, a Reuters poll indicated on Friday. A poll of 44 analysts and economists surveyed by Reuters in the last two weeks forecast the global benchmark, Brent crude , would average $83.93 per barrel in 2024, just shy of the $84.01 consensus in the previous month's poll. Brent crude futures have averaged $83.4 thus far in 2024, after brief spikes to as high as $92.18, driven by supply risks due to the conflict in the Middle East.
We recently compiled a list of the 20 Largest Publicly Traded Industrial Companies In The US and in this article, we will be looking at the largest industrial company in the US. Manufacturing In the US: At A Glance The manufacturing sector is a strong pillar of the US economy. According to the data from the […]
As global markets navigate through a landscape of moderate gains and shifting investor sentiments, Sweden's market remains an interesting area for those interested in dividend stocks. In the current economic environment, selecting stocks with reliable dividend yields could be a prudent strategy for investors looking to generate steady income.
Namibia's recent oil discoveries, particularly Galp's Mopane find, have sparked a surge in interest from major oil companies, with potential reserves rivaling Guyana's.
Amidst a backdrop of modest gains in global markets and easing political uncertainties in Europe, the German market has shown resilience with a notable 0.90% increase in the DAX index. In this environment, dividend stocks remain a compelling option for investors seeking steady income streams, particularly when considering Germany's robust industrial performance and favorable economic indicators.
Spanish oil major Repsol plans to sell a minority interest in its Eagle Ford shale assets in South Texas, in a deal that could value the assets at up to $2 billion, three sources familiar with the talks told Reuters. The sources said Repsol has hired Scotiabank to assist with the process, and aims to bring in a partner or partners to hold so-called non-op positions, earning a cut from sale of hydrocarbons while paying a share of operating costs. The non-op partners are not responsible for oil and gas extraction or other day-to-day operations.
Investing.com - UBS analysts noted on Wednesday that the performance of the Australian gold mining industry might be "too good to be true."
Fast-food chains are heading toward a price war this summer as America pulls back on dining out. While a race to the bottom could hurt all players, McDonald’s with its rich profit margin and cash flow, seems best positioned to emerge as the winner. Burger King debuted its $5 Your Way Meal earlier this month, which equates to a roughly 30% discount.
Amanda Holden has claimed that the British public don't "really care" about Prince Harry and Meghan Markle and argued the press make "too much" of the couple's moves
GMP said the dog had to be destroyed 'as the last possible option'
The prince allegedly ignored the footballer after agreeing to meet him
A woman has been left furious after her neighbour's customers kept blocking her driveway - so she's come up with a plan to ruin his business. She shared her tale over on Reddit
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