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Business | Jun 15th 2024 Edition
The Economist· 6 days agoThe Fed now thinks it will cut just once this year, possibly as late as December, a big change from March, when it predicted three cuts. On June 6th the...
Saudi Consumption — Not Production — Is Key to Peak Oil
Bloomberg· 2 days agoThe kingdom’s staggering use of crude in electricity generation makes it critical to oil demand’s...
Forbes Announces 22nd Annual Global 2000 A Ranking Of The World’s Largest Companies
Forbes· 6 days agoJune 13, 2024: Forbes today releases its 22nd annual edition of the Global 2000, a definitive...
Houston team to design Canada’s first commercial green hydrogen facility - Houston Business Journal
The Business Journals· 1 day agoHouston-based energy engineering firm McDermott International Ltd. has been chosen to design...
Crude oil prices today: WTI prices are up 7.16% this year
USA Today· 2 days agoWTI futures traded around $78.70 per barrel, as of 9 a.m. ET. That’s a drop of 0.56% in the last 24...
Exclusive-Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say
Reuters via Yahoo Finance· 6 days agoThe deal will provide Shell, already the world's top LNG trader, with access to gas markets in...
FTAI Infrastructure inks deal with Aramco Trading to boost oil supply to Texas terminal
Reuters· 5 days ago, opens new tab, which includes the future receipt of new crude oil volumes at its Main Terminal in Texas. FTAI said the subsidiary, Jefferson Energy, would receive additional supply of crude ...
This Could Be the Next Trillion-Dollar Company
InvestorPlace via Yahoo Finance· 6 days agoHello, Reader. As far as hot topics go, AI development is still red-hot, and showing no signs of cooling down. (We can see this from Tim Cook’s AI announcements at the WWDC event – and Apple ...
Temasek nears deal to divest Pavilion Energy’s LNG assets to Shell
Offshore Technology via Yahoo Finance· 6 days agoIn April 2024, Reuters reported that Shell and Saudi Aramco were in the negotiations to acquire...
Forget Nvidia: 3 Artificial Intelligence (AI) Stocks to Buy Instead
Motley Fool via Yahoo Finance· 6 days agoWhile it's the United States' most profitable publicly traded company for good reason, it's not...