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Chariot pivots to oil production with Angola deal, gaining exposure to 4,000 barrels/day amid rising oil prices.

Market News
27 Mar 2026
Proactive Investors
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Bullish
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Chariot Ltd has shifted from exploration to production by securing economic exposure to about 4,000 barrels of oil equivalent per day from Block 14, a mature Chevron-operated deepwater asset offshore Angola. The deal, through Angolan independent Etu Energias, offers significant value with a net present value of $114 million at $60 per barrel oil price against a $12 million upfront cost. With Brent crude prices above $100 per barrel, the deal's economics improve further, supported by Shell Trading's $170 million acquisition facility that avoids equity dilution. This transaction marks the start of a broader partnership targeting more production opportunities in Angola.

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Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...

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1 hour ago
Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

Company Fundamentals
Bullish
1 hour ago
Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...

Company Fundamentals
Bullish
1 hour ago
Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...

Market News
Bullish
2 hours ago
Solana (SOL) needs to break $86 resistance to confirm a bullish reversal, potentially targeting $126 and $180, with a long-term goal of $1,000.

Solana (SOL) needs to break $86 resistance to confirm a bullish reversal, potentially targeting $126 and $180, with a long-term goal of $1,000.

Solana (SOL) is currently consolidating above the 0.618 Fibonacci support near $69.86. To confirm a stronger bullish reversal, SOL must break through the $84-$86 resistance zone. A successful breakout could lead to targets of $126 and $180, with anal...

Technical Signals
Bullish
4 hours ago
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