Ireland

U.S. oil and gas manufacturer Devon Energy beat experts' quotes for second-quarter profit on Tuesday and raised its full-year production forecast. Shares were up 2.6% at $43.05 in aftermarket trade. Based upon our strong efficiency for the very first half of 2024, we now anticipate our full-year 2024 production guidance to be 5 percent greater than our original outlook, CEO Rick Muncrief said. The Oklahoma-based firm now expects 677,000 barrels of oil equivalent daily (boepd) to 688,000 boepd for the present year. Devon Energy, in July, stated it had actually participated in an offer to obtain Williston Basin service of...

U.S. oil and gas manufacturer Coterra Energy missed out on analysts' estimates for secondquarter earnings on Thursday, injured by subdued natural gas rates. U.S. natural gas costs have tumbled this year amid lukewarm need due to a hotter-than-expected winter season and a build-up in storage. The business's typical list prices for gas fell to $ 1.26 per thousand cubic feet (mcf) compared with $1.65 per mcf a year earlier, with prices at the Permian Basin dropping below no. Total production increased to 669,200 barrels of oil equivalent per day (boepd) from 664,900 boepd. However, natural gas production declined. It sees...

The top U.S. oil and corn industry lobby groups said on Tuesday they were suing President Joe Biden's administration over its strategies to slash planetwarming tailpipe emissions from cars and trucks and trucks, arguing the regulations will cause economic harm. The U.S. Epa this spring finalized new rules for designs of semi-trucks, buses and other heavy-duty lorries launched from 2027 to 2032 in a quote to cut 1 billion tons of greenhouse gas emissions through 2055. It also announced regulations to decrease emissions from cars and trucks and other light and medium duty cars in a different set of requirements...

Ithaca Energy PLC: * ITHACA ENERGY PLC DELEK GROUP - DLEKG - TRANSFORMATIONAL COMBINATION WITH ENI UK * ITHACA ENERGY PLC: FACTOR TO CONSIDER SHARES DESERVE C. ₤ 754. MILLION * ITHACA ENERGY PLC: MIX OF ITHACA ENERGY AND. SUBSTANTIALLY ALL OF ENI S.P.A.'S UK UPSTREAM OIL AND GAS PROPERTIES * ITHACA ENERGY PLC: ANTICIPATED 2024 COMBINED PRODUCTION OF. 80,000. TO 87,000 BARRELS OF OIL EQUIVALENT PER DAY FOR COMBINATION * ITHACA ENERGY PLC: AMBITION FOR AS MUCH AS $500 MILLION OVERALL. DIVIDEND IN 2024 FOR MIX * ITHACA ENERGY PLC: ITHACA ENERGY BOARD HAVE DETERMINED. THAT. MIX REMAINS IN...

A look at the day ahead in U.S. and worldwide markets from Mike Dolan Wall St returns from its vacation to a mix of rate of interest cut doubts, retailer updates and the biggest U.S. corporate deal of the year - while China's newest monetary easing was brushed off by markets overseas. With the Federal Reserve launching minutes of its January policy meeting on Wednesday, the rates market has actually been dragged kicking and yelling back more detailed to where the Fed had initially indicated at the end of last year. After sparky brand-new year customer and manufacturer rate readings...

Financiers are piling into exchange traded funds concentrated on business that are restoring or expanding production in the U.S. and benefiting from federal government subsidies. Some $2.25 billion has streamed into a little group of ETFs highlighting the so-called reshoring theme this year, bringing their total assets to a record $9.67 billion by the end of August. Companies keep describing reshoring as a long-lasting driver of their development, and our goal is to find beneficiaries or enablers of that pattern before that theme is mainstream, said Chris Semenuk, who oversees the actively managed Tema American Reshoring ETF, introduced last year....

The Biden administration said on Friday it was moving to curb lowvalue deliveries going into the U.S. dutyfree under the $800 de minimis limit that has been exploited by Chinese ecommerce companies such as Shein and PDD Holdings' Temu. White House authorities stated they will propose the brand-new trade guidelines to deny the duty-free exemption to bundles that contain low-value items subject to the Section 301 tariffs on Chinese products, the Area 232 tariffs on steel and aluminum products and Area 201 on secure tariffs on items including solar products and washing machines. The proposed rule includes new info disclosure...

Arcadium Lithium on Wednesday signed up with a growing list of manufacturers evaluating lithium operations in Australia amidst a thrashing in rates for the battery basic material that is expected to lead to more production cuts. The lithium market is reeling from rapid supply growth that has actually surpassed strong projections for need from several years ago as uptake of electrical lorries has been slower than expected. Arcadium is reassessing its Mount Cattlin operations in Western Australia provided high expenses and falling prices of raw product spodumene, CEO Paul Graves stated on Wednesday as the miner revealed a round of...

Five middle ages mummies protected in the crypt of a Dublin church have likely been damaged beyond repair by a fire and water utilized to splash the flames, a church official said on Wednesday. The five sets of remains, preserved for hundreds of years in the crypt of the 11th century St. Michan's Church in main Dublin, include the remains of a crusader and are a tourist destination in the city. A burglar broke into the crypt on Tuesday afternoon and began the fire and firemens used water to put it out, the Church of Ireland Archbishop of Dublin, Michael...

Eramine Sudamerica is set to inaugurate its first lithium carbonate plant in the northern Argentine province of Salta this July, setting it on track to become the South American country's 4th manufacturer of the key battery metal. The group, owned by French miner Eramet and Chinese steelmaker Tsingshan, anticipates to produce some 3,000 heaps this year and ramp up to some 24,000 lots by 2025, the business's. sustainability director Constanza Cintioni told in an. interview. Lithium, which is utilized for batteries in cellphones and. electric vehicles (EV), saw its price skyrocket over current. years, before plunging in 2023 mainly due...

Boliden will restart production at its Tara zinc mine in Ireland in the 3rd quarter after being closed for almost one year, the Swedish mining group said on Friday. Tara will gradually increase production to reach full capacity from January 2025, Boliden said. The mine was suspended considering that last June after costs of the galvanizing metal hit a three-year low. It is Europe's largest zinc mine and produced more than 300,000 metric lots of zinc focuses a year. Tara's. suspension, together with disruptions at significant Australian mines. had actually triggered a tighter supply of zinc focuses. A contract has...