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The government will make sure Britain sets the global standard for regulating space technology and exploration, giving this growing sector the clarity and certainty it needs to thrive, says Andrew Griffith As humanity’s quest for knowledge and exploration extends beyond the confines of Earth, we stand on the edge of a new era – one where the boundless...
A report from Allianz SE highlights the serious environmental and safety risks posed by a burgeoning "shadow fleet" of oil tankers carrying sanctioned Russian crude. Over the past three years, as international sanctions on Russian oil and gas exports have tightened due to its invasion of Ukraine, a significant number of older, under-regulated vessels...
Russian President Vladimir Putin will visit China for a two-day state visit where he’s set to press Chinese leader Xi Jinping for more support to sustain his country’s sanctions-hit economy and war machine in Ukraine. The May 16-17 visit is Putin’s first foreign trip since he was sworn in for a fifth presidential term one week ago and comes as Beijing...
After reestablishing sanctions against Venezuela, Washington is gearing up to issue restricted licenses to certain companies that already have oil-producing operations in the country, Reuters said in an exclusive report on Thursday, citing two unnamed sources close to discussions. According to Reuters’ sources, priority will be given to those already...
The Chicago Mercantile Exchange (CME), the world's largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times report. This move would provide major hedge funds and institutional traders with a regulated venue to trade Bitcoin. As Vivek Sun reports via Bitcoin Magazine, CME is already the global...
Crescent Energy will buy SilverBow Resources in a deal valued at $2.1 billion to create a major player in the Eagle Ford shale formation as the U.S. oil and gas mergers continue in the second quarter of the year. Under the terms of the transaction, SilverBow shareholders will receive 3.125 shares of Crescent Class A common stock for each share of SilverBow...
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