September
Oil Swings as Traders Guess at Israel’s Next Moves in Conflict
Oil swung in a day of choppy trading as investors assessed the risks that Israel’s recent strikes against Hezbollah will widen the conflict in the Middle East.
Former Singapore Oil Mogul to Pay Liquidators, HSBC $3.6 Billion
Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay about $3.59 billion to the liquidators of his company and creditor HSBC Holdings Plc, ending the multi-year civil cases against him and his family.
Block Energy announces increased EBITDA and 2C resource growth in H1 2024 interim results
Block Energy plc, a development and production company focused on oil and gas in Georgia, has announced its interim results for the first half of 2024. Despite facing operational challenges, the company has maintained positive cash flow and increased its earnings before interest, taxes, depreciation, and amortisation (EBITDA), highlighting steady production performance.
