Schwab Trading Activity Index(TM): November Score Rises Modestly Following Fed, Election Decisions
December 9, 2024
More Schwab clients net bought equities than net sold, with the most buying in the Information Te…
SLB launches autonomous geosteering to improve drilling performance, well placement
December 9, 2024
(World Oil) – SLB has announced the launch of Neuro™ autonomous geosteering, a tool designed to dynamically responds to subsurface complexities to drill more efficient, higher-performing wells, while reducing the carbon footprint of the drilling operations. Using AI, Neuro geosteering integrates and interprets complex real-time subsurface information to autonomously guide the drill bit through the most productive layer of the
BP merges offshore wind business in $5.8 billion joint venture with JERA
December 9, 2024
(Oil Price) – BP has decided to merge all its offshore wind business into a new joint venture with Japan’s energy firm JERA, to which the companies will provide up to $5.8 billion for investments by 2030, the UK-based supermajor said on Monday as it shifts its focus back on oil and gas. BP has been seeking for months to offload spending
Oil climbs on ousting of Syria’s Assad, Chinese monetary policy
December 9, 2024
Investing – HOUSTON- Oil prices rose by nearly 2% on Monday on increased geopolitical risk after the fall of Syrian President Bashar al-Assad, and as top importer China flagged its first move towards a loosened monetary policy stance since 2010. Brent crude futures were up $1.34, or 1.9%, to $72.46 per barrel at 11:25 a.m. ET (1625 GMT). U.S. West Texas
