OklahomaMinerals.com

Snippets

• US Debt Fault Potential Grows
  The probability of a disastrous US debt default has more than tripled since the start of the...
  The probability of a disastrous US debt default has more than tripled since the start of the year, MSCI wrote in a note. Trading activity in US government credit card swaps has surged as investors buy insurance on a potentially catastrophic event. Get the full details.
  Read More
• Stock Market Outlook for Friday
  US stock futures edge higher early Friday, as investors see glimmers of hope for more-moderate...
  US stock futures edge higher early Friday, as investors see glimmers of hope for more-moderate rate hikes in Fed official Bostic's comments. Meanwhile, the 10-year Treasury is clinging on at just above 4%. Here are the latest market moves.
  
  Earnings on deck: Lufthansa, Pearson, and more, all reporting.
  Read More
• Aramco Acquires Valvoline Global Operations for $2.65 Billion
  Saudi Arabia’s Aramco has acquired Valvoline Inc.’s global...
  Saudi Arabia’s Aramco has acquired Valvoline Inc.’s global products business Valvoline Global Operations for $2.65 billion, Aramco announced in a press release on March 2.
  
  Headquartered in Lexington, Kentucky, Valvoline Global Operations is in the lubricants market and provides automotive and industrial solutions. Aramco’s acquisition of the 157-year-old brand advances its international lubricants growth strategy and base oils production.
  
  As part of their agreement, Aramco will own Valvoline’s brand for its products business and Valvoline Inc. will own the Valvoline brand for retail services
  Read More
• Equinor Buys Suncor Energy UK in $850 Million Deal
  Equinor said on March 3 it will acquire the British oil and gas business of Canada's Suncor Energy for...
  Equinor said on March 3 it will acquire the British oil and gas business of Canada's Suncor Energy for $850 million, giving the Norwegian company stakes in several key North Sea petroleum assets.
  
  Equinor said the deal includes a 29.9% stake in the Buzzard oilfield, an additional 40% stake in the Rosebank development and will also see the Norwegian firm taking on Suncor's U.K.-based employees who work with these assets. The transaction will add approximately 15,000 boe/d to Equinor's production in 2023, the Norwegian company said.
  
  Equinor is already the operator of the planned offshore Rosebank oil and gas project, some 130 km (80 miles) northwest of the Shetland Islands and one of the largest developments in the aging North Sea basin.
  Read More
• ☕️What Else is Brewing Friday Morning
  Starbucks engaged in “egregious and widespread” violations of federal labor law...
  Starbucks engaged in “egregious and widespread” violations of federal labor law at stores in upstate NY and illegally fired six workers in response to a unionization drive, a judge at the National Labor Relations Board ruled.
  
  Former President Trump does not have immunity from civil lawsuits over his role in the Jan. 6, 2021, attack on Capitol, the DOJ said.
  
  More than half of the global population will be obese or overweight by 2035 barring significant action, the World Obesity Federation warned.
  
  Egyptian officials confirmed the discovery of a hidden corridor in the Great Pyramid of Giza.
  
  
  Read More

• Prev
• Next