CNOOC Limited announces its business strategy and development plan for the year 2023. The Company raises its production target and capital expenditure budget for 2023. Net production target is 650 million to 660 million barrels of oil equivalent (BOE), of which, production from China and overseas...
John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the year ended 31 December 2022 (‘FY22’), including the headline draft financial results. Highlights Delivering financial returnsResults for FY22 in line with guidance for revenue, adjusted EBITDA and net debtStrong underlying revenue growth in...
Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine, according to the World Bank’s latest Global Economic Prospects report. Given fragile economic conditions, any new adverse development—such as higher-than-expected inflation, abrupt...
Palliser releases detailed presentation ahead of February general meeting to approve board changes Shareholder trust in incumbent board is irreparably broken Palliser reaffirms opposition to NewMed deal, which falls short of Capricorn’s intrinsic...
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Under the directive of the President of the UAE, His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Deputy Prime Minister and Minister of the Presidential Court, His Highness Sheikh Mansour bin Zayed ...
Makers of electric cars are slowing down UK production as the vehicles are too expensive for many motorists. It is now expected that the UK will produce 280,000 fully electric cars and vans in 2025, down from previous estimates of 360,000. The forecast means only a quarter...
TotalEnergies has launched its eighteenth biogas production unit1 in France, which will be the largest in the country with a maximum capacity of 160 gigawatt hours (GWh). Named BioBéarn and located in Mourenx in the south-west of France, this new unit, fed with organic waste, has...
Global Hospitality Leader to Offer Ultra-Premium Drinking Water at Select Hotels in Singapore SINGAPORE--(BUSINESS WIRE)--Global hospitality leader Accor is partnering with SOURCE Global, PBC to bring the world’s first truly sustainable bottled drinki...
SAN FRANCISCO--(BUSINESS WIRE)--Cathy Yanni, Trustee of the Fire Victim Trust (FVT), announced a pro rata payment increase from 45 percent to 60 percent effective January 31, 2023. This increase was made possible by the Trust’s cumulative sales of 190 ...
Board funds $17 million project to improve delivery of water to cities dependent on State Water Project LOS ANGELES--(BUSINESS WIRE)--Construction will begin soon on the first of several projects to bring additional water to Southern California commun...
Reaffirms 2022 annual earnings per share guidance range of $1.75 to $1.80 Announces 2023 annual earnings per share guidance range of $1.85 to $1.90 Infrastructure investments of $3.3 billion through 2025 Reaffirms multiyear ESG commitments BRYN MAWR, ...
PEP Research Team Reports Energy Cycle Has Just Begun HOUSTON--(BUSINESS WIRE)--The energy sector has outperformed the S&P 500 by 146% over the last two years so investors often question if this cycle is about over. However, energy cycles typicall...