U.S. Shale Oil Production Poised for Plateau by 2030, Warns ConocoPhillips CEO

U.S. shale oil production may plateau by 2030 without new tech, warns ConocoPhillips CEO Ryan Lance at Qatar Economic Forum.

#shaleoil, #oilproduction, #innovation, #energymarkets, #conocophillips

Charter Communications to Acquire Cox Communications in $34.5 Billion Deal

Charter to buy Cox for $34.5B, forming largest US cable provider amid industry shifts.

#chartercommunications, #coxcommunications, #mergers, #telecommunications

Blackstone Infrastructure Announces $11.5 Billion Acquisition of TXNM Energy

Blackstone to acquire TXNM Energy for $11.5B, boosting utility sector holdings amid rising electricity demand.

#blackstone, #acquisition, #utilities, #energy, #txnm

Southern California Edison Unveils $6.2 Billion Wildfire Mitigation Plan

SCE proposes a $6.2B plan to tackle wildfire risks, focusing on infrastructure and safety tech upgrades through 2028.

#wildfires, #southerncaliforniaedison, #infrastructure, #technology

TE Connectivity to Acquire Richards Manufacturing for $2.3 Billion in Strategic Growth Move

TE Connectivity acquires Richards Manufacturing to expand in North American electrical utilities market for $2.3 billion.

#teconnectivity, #acquisition, #electricalutilities, #richardsmanufacturing, #business

Scopely Acquires Niantic's Games Division for $3.5 Billion in Strategic Gaming Move

Scopely acquires Niantic's games for $3.5B, including "Pokémon GO," boosting Saudi Arabia's gaming ambitions.

#gaming, #acquisition, #scopely, #niantic, #saudiarabia

Dick's Sporting Goods to Acquire Foot Locker for $2.4 Billion

Dick's Sporting Goods plans a $2.4B acquisition of Foot Locker, enhancing its global presence despite market concerns.

#dickssportinggoods, #footlocker, #acquisition, #retail, #sportswear

Dick's Sporting Goods to Acquire Foot Locker for $2.4 Billion

Dick's acquires Foot Locker for $2.4B, aiming to expand global presence amid retail sector consolidation.

#dickssportinggoods, #footlocker, #mergersandacquisitions, #retail

IEA Projects Slowdown in Global Oil Demand Growth for 2025

IEA forecasts slower global oil demand growth in 2025; economic uncertainties and EV adoption influence the trend.

#iea, #oil, #demand, #economy, #evs

Kraft Heinz to Invest $3 Billion to Upgrade U.S. Manufacturing Plants

Kraft Heinz announces a $3B investment to modernize 30 U.S. plants, boosting efficiency amid economic uncertainties.

#kraftheinz, #investment, #manufacturing, #economy

Kraft Heinz Invests $3 Billion to Upgrade U.S. Manufacturing Plants

Kraft Heinz invests $3B to upgrade 30 U.S. plants, boosting efficiency and supporting growth amid economic uncertainties.

#kraftheinz, #investment, #manufacturing, #trade, #foodindustry

Moët Hennessy Faces Financial Turmoil Amid Leadership Changes

Moët Hennessy confronts financial challenges with new leadership, aiming to revive profitability amidst changing market dynamics.

#moethennessy, #lvmh, #luxurybrands, #financialcrisis

NRG Energy to Acquire LS Power Assets in $12 Billion Deal

NRG Energy's $12 billion acquisition of LS Power assets aims to double its power capacity amid rising electricity demand.

#nrgenergy, #lspower, #acquisition, #energysector

MTN Group's Profit Soars by 33%, Bolstered by Service Revenue and Strategic Expansion

MTN Group reports a 33% profit rise, driven by service revenue and a new streaming partnership with Synamedia in Africa.

#mtn, #africa, #telecommunications, #streaming

BP Faces Takeover Interest from Major Energy Giants Amid Share Price Decline

BP becomes a takeover target for energy giants like Shell and Exxon amid declining share prices and past liabilities.

#bp, #oil, #acquisition, #energy, #takeover