Carlyle in Talks to Acquire Lukoil’s Foreign Assets
U. S. private equity firm Carlyle is considering buying foreign assets from Russian oil company Lukoil, which has been sanctioned by the U. S....
In Response to Drone Attacks, Russia Activates Reserve Oil Capacity
Russia's oil processing has only decreased by 3% this year despite significant drone attacks from Ukraine. These attacks have targeted oil refineries, depots, and...
EU Finance Ministers Back Plan to Use Frozen Russian Assets for Ukraine
European Union finance ministers have agreed that funding Ukraine through a reparations loan backed by frozen Russian assets is the most effective option among...
CDC: Africa’s Worst Cholera Outbreak in a Generation
Africa is experiencing its worst cholera outbreak in 25 years, according to the Africa CDC, which links the rise to weak water systems and...
Demis Hassabis: Driving Google’s AI with Ambition, Not Revenue
Since Google acquired DeepMind in 2014, its founder Demis Hassabis has risen to become Alphabet’s top AI executive, a Nobel laureate, and one of...
EU Parliament Dilutes Corporate Sustainability Law After Lobbying Pressure
The European Parliament voted on Thursday to scale back the European Union’s landmark Corporate Sustainability Due Diligence Directive (CSDDD), a law designed to hold...
Democrats Accuse Trump of Weakening U.S. Security with China Tech Deal
Leading Senate Democrats, including Minority Leader Chuck Schumer, have sharply criticized the Trump administration’s decision to suspend export restrictions that targeted thousands of Chinese...
Pakistan Blames Afghan Nationals for Deadly Suicide Attacks in Islamabad
Pakistan’s Interior Minister Mohsin Naqvi told parliament on Thursday that Afghan nationals were behind two suicide bombings that struck Pakistan earlier this week. One...
IEA Warns of Growing Global Oil Surplus as Supply Outpaces Demand
The International Energy Agency (IEA) has revised its forecasts for global oil supply upward, signaling that the world is heading toward a larger market...
GE, Siemens in Talks to Supply Turbines for Syria Power Rebuild
U.S. energy firm GE Vernova (GEV.N) and Germany’s Siemens Energy (ENR1n.DE) are in discussions to supply gas turbines for a $7 billion reconstruction project...