Battalion Oil Corporation announced a letter of intent with an industry partner for a Joint Development Agreement to jointly develop up to eight wells in Monument Draw, Texas. This partnership will share capital costs and accelerate drilling in key formations while allowing Battalion to maintain majority control and operate the wells. The project aims to improve hydrocarbon recovery and capital efficiency, complementing Battalion's recent expansion of sour gas compression capacity. The agreement is subject to final approvals and is expected to enhance production and shareholder value.
The U.S. Bankruptcy Court for the Central District of California confirmed the Plan of Liquidation for Oceanwide Plaza LLC, enabling the $470 million sale of the stalled Downtown Los Angeles development to KPC Square, a joint venture between KPC Grou...
When Bitcoin blocks reach their 4 million weight unit limit, new transactions don't stop but enter a competitive fee auction in the mempool, where miners prioritize higher-fee transactions for confirmation. This dynamic means transactions with low fe...
Legrand SA has shown solid growth driven by strong demand in datacentres and effective operating leverage, despite facing unit margin pressures from raw material inflation and tariffs. The company expects organic growth of 4-7% and plans pricing acti...
FTX is set to distribute an additional $900 million to creditors, bringing total repayments to over $10 billion. This milestone marks significant progress in the bankruptcy process, offering hope to creditors who have been awaiting recovery of their ...
Zoom Communications has appointed Carlos Quaderi as Head of Asia Pacific (APAC), effective August 1, 2026, to lead its growth strategy across the region excluding Japan. Quaderi, with over 30 years of experience and previous leadership roles at Workd...
