The State of the Oil and Gas Industry: 2024 Outlook, Mergers, Acquisitions, and Production

2023-12-20 17:04:00 Oil and gas activity was essentially flat and optimism declined as uncertainty increased, according to a Federal Reserve Bank of Dallas survey of oil and gas company executives. Part of that uncertainty is linked to the decline in average oil prices in the fourth quarter and questions about OPEC’s ability to influence oil … Read more

Challenges and Failures of the French Business One-Stop Shop: The Reality of Administrative Reform in France

2023-12-20 15:03:40 The Palais Cambon, rue Cambon in Paris, where the Court of Auditors has been located since 1912. laurencesoulez / stock.adobe.com Since its launch in January 2023, this portal, which provides access to all administrative formalities for businesses, has seen a number of failures. This was one of the major simplification promises of the … Read more

Ørsted Announces World’s Largest Offshore Wind Farm, Hornsea 3, Off the British Coast

2023-12-20 15:57:45 By Le Figaro with AFP Published 50 minutes ago, Updated 34 minutes ago The future park, called Hornsea 3, will have a capacity of 2.9 GW. TOM LITTLE / REUTERS Located 100 miles off the Yorkshire coast, the future wind farm, due to be completed towards the end of 2027, is expected to … Read more

Market Reviews: Stock Market, Oil Prices, and Global Economic Trends – Daily Updates

2023-12-20 14:45:27 (Photo: Getty Images) MARKET REVIEWS. The stock markets are losing their dynamism on Wednesday and are generally trending downward, except for the London Stock Exchange which is relying on the slowdown in inflation to jump. Stock market indices at 8:00 a.m. Futures contracts Dow Jones lost -83.00 points (-0.22%) to 37,848.00 points. Futures … Read more

Dangote Oil Refinery Receives Million Barrels of Crude: Transforming Nigeria’s Fuel Industry

2023-12-20 13:28:37 The new $19 billion Dangote oil refinery has received 1 million barrels of oil from Shell International Trading and Shipping, its second cargo of crude this month, as it accelerates its preparations for begin operations, a company spokesperson said Wednesday. The refinery is years behind schedule, but its operations are expected to transform … Read more

European Justice Confirms Fines for JPMorgan Chase and Crédit Agricole in Euribor Manipulation Case

2023-12-20 11:27:03 Paris (awp/afp) – European justice confirmed on Wednesday a fine of 337.2 million euros (315.3 million Swiss francs) for JPMorgan Chase. On the other hand, it slightly reduced that of Crédit Agricole to 110 million, in a case of manipulation of reference interest rates which had affected several financial establishments in the 2010s. … Read more

European Stock Markets Open Higher: FTSE 100, Paris, and Frankfurt Rise – Argenx Concerns Cause BEL 20 Sharp Decline

2023-12-20 08:43:00 European stock markets opened higher on Wednesday, notably London which benefited from the publication of an inflation rate at its lowest in two years. The FTSE 100 index in London rose 1.06% in early trading. The Paris Stock Exchange opened up 0.27% to 7,595.25 points and Frankfurt rose 0.21%. On Wednesday, “as the … Read more

China’s Oil Production: Growth, Decline, and Future Prospects

2023-12-20 08:43:05 China’s strong growth in oil production in recent years, the result of a concerted investment effort, is expected to slow in 2024 as falling production from mature fields forces state oil companies to exploit shale reserves and ultra-deep reserves, which are more difficult to exploit. While China is the world’s largest importer of … Read more