Valeura Energy reported exceptional Q2 results with realized oil prices at $77.10 per barrel and adjusted cash flow from operations of $154 million, largely due to production in the Gulf of Thailand priced off Dubai benchmarks. Despite these strong results, the company notes that such performance is unlikely to be repeated as its production comes from small, rapidly depleting basins requiring constant replacement. The upcoming Wassana redevelopment, expected to add 7,500 barrels per day, aims to offset production declines. Valeura's asset-light model leaves it with nearly as much cash on hand as total liabilities, positioning it well financially despite industry challenges.
Royal Caribbean is close to securing a $3 billion deal to acquire a 50% equity stake in Sandals, valuing the Caribbean resort chain at $6 billion. This move aims to expand Royal Caribbean's presence in land-based vacations, complementing its cruise b...
Moov has introduced Moov Money, a real-time peer-to-peer payment service developed with Visa and Mastercard. This solution allows users to send and receive money through their digital banking provider using any eligible Visa or Mastercard debit card,...
Sui has introduced GraphQL subscriptions on its Mainnet, enabling developers to stream real-time blockchain data such as checkpoints, transaction blocks, and events through a single WebSocket interface. This upgrade replaces the older JSON-RPC system...
Only 36 of the top 100 altcoins currently show profits for holders, while Bitcoin has risen about 28% in the past two years. The altcoin market has struggled since an October 2025 liquidation event, with many tokens trading well below their 200-day a...
Apple is developing a new screen-less fitness tracker, described as a thin fabric band with sensors, to compete with Whoop. The product is still in the exploratory phase, with prototypes made, and is not expected to launch before 2028. This new devic...
