BP third-quarter underlying profit rises to $8.5bn from $5.7bn as net debt falls
BP said third-quarter underlying profit reached $8.5bn on higher prices and margins, and net debt fell by $8.4bn to $13.9bn, with a strategy update due on 15 December.
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Inside the Oil Market Journal: How a Small Enniskillen Firm Moves Global Trade
When something significant is happening, a certain silence falls over an oil trading desk. There is a sort of held breath, as if everyone is waiting for the next tick…
The Agricultural Shockwave: Why 70% of American Farmers Can No Longer Afford Fertilizer
Slowly moving across a field in Mount Vernon, Washington, a tractor sprays manure onto rows where squash will eventually sprout. This spring, the ancient, almost charming custom takes on an…
The Deep Sea Gold Rush: The Coming Geopolitical Battle for Ocean Floor Minerals
The floor is strewn with black lumps about the size of potatoes somewhere around four kilometers below the Pacific's surface in a section of dark water that hardly anyone has…
What Iran’s Control of the Strait of Hormuz Means for the Fragile US Economy
Trace your finger from the Persian Gulf to the open ocean while standing at the edge of a map. You'll come across a slender blue strip that is hardly larger…
Oil Surges and Asian Stocks Fall After Trump Vows to ‘Finish the Job’ in the Middle East
Traders in Seoul entered a market that had already reached a decision early on April 2. For a brief moment, the Korea Composite Stock Price Index appeared to be on…
U.S. Defense Firms Race to Integrate AI Into Training Simulations
When something is different, a certain kind of silence descends upon a military training range. Not the quiet of inactivity—quite the reverse, in fact. The typical controlled chaos of coordinated…
Canada’s New Tax Incentives Energize Renewable Energy Projects
The wind turbines, which are white columns that stand in the Porcupine Hills and along the ridges east of Calgary and whose motion is hardly noticeable from a distance, have…
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