Finance News – Oil Company
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This oil company is spending $14 billion to be part of the AI data-center business
The energy corporation’s $14 billion investment in acquiring a thermal management firm marks a strategic move to enter the growing market of artificial intelligence data center inf...
Read Full Article →‘Slapp addict’ Italian oil firm accused of trying to silence green activists
Eni’s repeated defamation lawsuits against activists and journalists since 2019 may result in significant legal expenses and impact its financial stability amid growing criticism o...
Read Full Article →Shell has ‘no intention’ of making offer to buy BP after £60bn takeover rumours
Shell’s decision to refrain from pursuing a large-scale acquisition of BP maintains current market dynamics and avoids potential shifts in valuation within the UK oil and gas secto...
Read Full Article →Shell in early talks to buy rival BP to create oil giant – reports
A potential £60 billion transaction between two leading British energy firms could establish one of the largest global oil and gas corporations with a combined value exceeding £200...
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