Oil Companies
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OPEC Sticks to Oil-Demand View
OPEC left its estimates for global oil-demand growth unchanged for this year and next, while reporting a fall in crude output as the market awaits the cartel’s next production policy move at its upcoming meeting in June.The Wall Street Journal - World -
Oil Futures Rise in Likely Technical Recovery
Oil futures rose in early Asian trade in a likely technical recovery after the contracts settled at a nine-week low overnight.The Wall Street Journal - World -
Border dispute hinders Niger’s China-built oil pipeline
Landlocked country on verge of becoming a regional oil major if it can resolve its differences with neighbouring BeninFinancial Times - World - China -
Democrats probe Trump’s request for campaign cash from Big Oil
House Democrats are probing President Trump’s request for $1 billion in campaign cash from major oil companies. Rep. Jamie Raskin (D-Md.) penned a letter to CEOs of eight energy companies and an oil lobbying group that reportedly attended a ...The Hill - Politics - Donald Trump -
Top House Democrat demands answers on Trump dinner with oil executives – live
Jamie Raskin writes to nine executives after report says Trump promised to repeal regulations if they each gave $1bn to campaign. Trump hush-money trial – live updatesUS House in session with major agenda but its speaker is awol at Trump trialThe ...The Guardian - World - Donald Trump -
House Democrats launch investigation into Trump’s alleged offers to oil executives
Democrats on the House oversight committee sent letters to oil executives asking about alleged $1bn quid pro quo offer. House Democrats have launched an investigation into a meeting between oil company executives and Donald Trump at his Mar-a-Lago ...The Guardian - World - Donald Trump -
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Arthur Irving, who grew his family's oil business and was one of Canada's richest men, dies at 93
Canadian billionaire Arthur LABC News - World -
Oil ends at 9-week low after OPEC leaves demand forecast unchanged
Oil futures settled at a nine-week low on Tuesday, as the Organization of the Petroleum Exporting Countries left its monthly forecasts largely unchanged while traders weighed the outlook for interest rates and their potential impact on energy demand.MarketWatch - Business -
A wildfire has forced out hundreds of residents in Canada's oil sands hub of Fort McMurray
Hundreds of residents in four neighborhoods in the southern end of Canada's oil sands hub of Fort McMurray, Alberta have been ordered outABC News - World -
House Democrat presses oil CEOs for details of Trump's fundraising dinner at Mar-a-Lago
In letters to nine oil CEOs, the House Oversight Committee's top Democrat asked for details of any pledges Trump made as he asked them for campaign donations.CNBC - Business - Donald Trump -
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Trucking Company Saia Names Matthew Batteh as CFO
New finance chief succeeds Douglas Col, who is set to retire.The Wall Street Journal - World -
The ranking: Africa’s Fastest Growing Companies 2024
List of 125 includes many businesses that have overcome the Covid pandemic and the continent’s economic problemsFinancial Times - World -
Payments-Company Waystar Plans to Restart IPO Pitch
The private equity-backed company is eyeing a June stock-market debut.The Wall Street Journal - World -
The Fate of Publicly Traded Companies Beyond America
Consider the U.K., traditionally renowned for its stock market-oriented corporate economy.The Wall Street Journal - World -
Payments-Company Waystar Plans to Restart IPO Pitch
The private equity-backed company is eyeing a June stock-market debut.The Wall Street Journal - Business -
OpenAI’s Chief Scientist, Ilya Sutskever, Is Leaving the Company
In November, Ilya Sutskever joined three other OpenAI board members to force out Sam Altman, the chief executive, before saying he regretted the move.The New York Times - Business -
OpenAI co-founder Ilya Sutskever is leaving the company
OpenAI co-founder and chief scientist Ilya Sutskever is leaving the company, months after losing his board seat following an attempt to oust CEO Sam Altman.MarketWatch - Business -
Danish biotech says companies should tap China’s ‘impressive innovation’
Genmab argues ‘anti-Chinese sentiment’ should not deter dealmakingFinancial Times - World - China -
Waymo is latest company under investigation for autonomous or partially automated technology
The U.S. government’s highway safety agency has opened another investigation of automated driving systems, this time into crashes involving Waymo’s self-driving vehiclesABC News - Tech -
OpenAI’s Chief AI Wizard, Ilya Sutskever, Is Leaving the Company
One day after OpenAI showed off an all-new, emotional version of ChatGPT, the company announced that chief scientist Ilya Sutskever is leaving the company. He had voted in November to fire CEO Sam Altman.Wired - Tech -
OpenAI Co-Founder Who Helped Oust Sam Altman Leaves the Company
Ilya Sutskever, who was the startup’s chief scientist, offers praise for its leaders as he departs.The Wall Street Journal - Tech