ExxonMobil and Qatar Petroleum Sign Drilling Deal with Cyprus
ExxonMobil and Qatar Petroleum have reached a significant agreement with the government of Cyprus to undertake drilling operations in the Eastern Mediterranean. This deal marks a key development in the exploration...
European Stocks End With Gains as Miners, Oil Giants Rally
European stock markets closed higher today, driven by a strong rally in the mining sector and major oil companies. This surge in stock prices highlights a significant rebound in these...
PetroChina Suffers Worst Year Posting Lowest-Ever Profit
PetroChina, one of the world's largest oil and gas companies, has experienced one of the worst years in its history, posting the lowest profit ever recorded. This performance reflects a series of challenges...
BP's Sale of Key Pipeline to Billionaire is Bad for the UK
The recent decision by BP to sell a key pipeline to a billionaire is raising serious concerns about the impact of this transaction on the UK. The pipeline,...
Oil Extends Gains as Stocks Struggle; Pound Climbs: Markets Wrap
Global markets continue to navigate a complex economic landscape, with oil prices on the rise while stocks face significant challenges. Meanwhile, the British pound is recording gains, highlighting the contrasting...
Dollar vs. Yen Following Another North Korean Missile Test
The financial markets are reacting to geopolitical tensions as North Korea conducts yet another missile test, impacting currency exchanges, particularly between the US dollar and the Japanese yen. This development underscores...