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Analysis-Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap
By Laila Kearney, Liz Hampton and Arathy Somasekhar NEW YORK/DENVER/HOUSTON (Reuters) - U.S. shale oil drillers turned from scrappy wildcatters into multi-millionaires over the past two decades, prope...
Syndicated Content Dec 02, 2022
No plans to go back to Congress to change inflation act – White House
WASHINGTON (Reuters) - There are no plans to go back to Congress to push for changes to the Inflation Reduction Act, the White House said Friday, a day after President Joe Biden said it could be tweak...
Syndicated Content Dec 02, 2022
France to release 5 billion euros of SDRs to vulnerable countries under G20 programme
PARIS (Reuters) - France will release some 4 billion International Monetary Fund (IMF) Special Drawing Rights (SDRs), worth about 5 billion euros ($5.26 billion), to the world's most vulnerable countr...
Syndicated Content Dec 02, 2022
Department of Homeland Security to probe cyber attacks linked to Lapsus$
(Reuters) - The U.S. Department of Homeland Security (DHS) said on Friday the Cyber Safety Review Board will investigate recent cyber-attacks linked to Lapsus$. "Lapsus$ has reportedly employed techni...
Syndicated Content Dec 02, 2022
Venezuela signs contracts with Chevron to reanimate, expand oil output
CARACAS (Reuters) - Venezuela's oil minister and top representatives of companies PDVSA and Chevron Corp on Friday signed contracts aimed at reviving crude output and expanding operations in the U.S.-...
Syndicated Content Dec 02, 2022
EU agrees $60 Russian oil price cap, holdout Poland backs deal
By Jan Strupczewski and Kate Abnett BRUSSELS (Reuters) -The European Union on Friday agreed on a $60 per barrel price cap on Russian seaborne crude, after holdout Poland gave its support, paving the w...
Syndicated Content Dec 02, 2022
French minister hails U.S. talks as ‘turning point’ to avert trade war
By Michel Rose WASHINGTON (Reuters) - French President Emmanuel Macron's discussions with U.S. President Joe Biden have resulted in a "major breakthrough" to avert a "subsidies race" between the two s...
Syndicated Content Dec 02, 2022
Hawaii volcano eruption threatens Big Island’s main transportation route
(Reuters) - The lava flowing from Hawaii's Mauna Loa, which is the world's largest active volcano and erupted this week, is edging closer to the Big Island's main highway. The U.S. Geological Survey's...
Syndicated Content Dec 02, 2022
Bankrupt hedge fund Three Arrows’ liquidator begins taking control of assets – The Block
(Reuters) - Teneo, the advisory firm overseeing the liquidation of bankrupt crypto hedge fund Three Arrows Capital (3AC), has taken control of some of the company's assets, the Block reported on Frida...
Syndicated Content Dec 02, 2022
Former FTX exec in talks with investors for new crypto startup – The Information
(Reuters) - Brett Harrison, the former president of collapsed crypto exchange FTX's U.S. arm, is trying to raise money for a new crypto startup, the Information reported on Friday, citing two people w...
Syndicated Content Dec 02, 2022
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