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ConocoPhillips Announces Significant Oil Discovery in the Norwegian Sea
Category: Business News
ConocoPhillips (NYSE: COP) today announced a new oil discovery in production license 891 on the Slagugle prospect located 14 miles north-northeast of the Heidrun Field in the Norwegian Sea. ConocoPhillips Skandinavia AS is operator of the license with 80 percent working interest. Pandion Energy AS is license partner with 20 percent working interest.
Source: ConocoPhilips
Published: July 18, 2024
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Update: Aon Confirms EU Antitrust Probe of Merger with Willis Towers Watson
Category: Business News
Aon plc confirmed that the European Commission (EC) has initiated a review of the company’s proposed $30 billion bid for Willis Towers Watson.
Source: Insurance Journal
Published: July 18, 2024
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Norway Is Seen Leading the Way in Post-Covid Interest Rate Hikes
Category: Accounting / Financial
Norway’s central bank said it may be able to raise interest rates earlier than previously thought, reinforcing the view it will be the first among holders of the world’s major currencies to tighten policy as the economy recovers.
Source: Bloomberg
Published: July 18, 2024
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Shell and Equinor develop smart inventory management system with Microsoft Azure
Category: Business News
Building on news of the recent Strategic Alliance with Shell, Microsoft will be supporting Shell and Equinor with the co-development of the tool, which runs on Microsoft Azure.
Source: World Oil
Published: July 18, 2024
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Biden Plans To Nominate Former Michigan Gov. Jennifer Granholm As Energy Secretary
Category: Business News
President-elect Joe Biden is expected to nominate former Michigan Gov. Jennifer Granholm to be the next secretary of energy, two sources familiar with transition discussions told NPR.
Source: NPR
Published: July 18, 2024
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