energy

Switzerland’s Ascend Sport Technology AG is exploring strategic options, including a reverse merger with a listed shell company that could value the firm between 500 million and 600 million Swiss francs ($740 million), according to people familiar with matter.

Six months after Energy Secretary Chris Wright pledged that the US-Venezuela partnership would lead to a “dramatic increase” in oil, natural gas and electricity production, the gusher has yet to gush.

Wells Fargo raises CrowdStrike stock price target on strong pipeline

Six months after Energy Secretary Chris Wright pledged that the US-Venezuela partnership would lead to a “dramatic increase” in oil, natural gas and electricity production, the gusher has yet to gush.

Switzerland’s Ascend Sport Technology AG is exploring strategic options, including a reverse merger with a listed shell company that could value the firm between 500 million and 600 million Swiss francs ($740 million), according to people familiar with matter.

Six months after Energy Secretary Chris Wright pledged that the US-Venezuela partnership would lead to a “dramatic increase” in oil, natural gas and electricity production, the gusher has yet to gush.

Children on Tonle Sap sacrifice education, with many working to help their families cover increasing fuel costs.

Motor oil crisis: Automakers reportedly turn to new blends

Specialists are racing to salvage a sinking shadow-fleet tanker off Oman that has caused a massive oil slick. Personnel have already boarded the Caroline Bezengi, a Suezmax that has grounded off Oman’s southern coast. Dimitris Maniatis, CEO of maritime risk management firm Marisks spoke to Bloomberg

Oil rises as US-Iran peace talks stall, Hormuz shipping slows Reuters