Latest News
U.S. becomes top exporter of LNG: 'seven-fold increase'
By Laurie A. Luebbert | Jan 7, 2022
Thanks to strong European demand, the United States has emerged as the world’s leading exporter of liquefied natural gas, worldoil.com recently said.
S&P Global and IHS Markit to 'drive growth' with sale of chemicals, CUSIP business
By Emily Bevard | Jan 7, 2022
S&P Global announced Dec. 27, 2021, that it will sell its IHS Markit’s Base Chemicals business to News Corp and its CUSIP Global Services to FactSet Research Systems.
'We are excited': IRIS Software Group acquires AccountantsWorld
By Zachary Richter | Jan 5, 2022
A leading global software provider of accountancy, IRIS Software Group, has announced on Dec. 30 that they have acquired AccountantsWorld, a New York-based company providing cloud solutions for accountants.
Chinese companies on U.S. exchanges still waiting for Beijing's approval to trade
By Caleb Lombardo | Jan 4, 2022
After months of market confusion following China's announcement last summer that it would release new rules for domestic companies wanting to sell shares in international exchanges, Chinese regulators released a draft of the rules last month, according to published reports.
Report: China won't meet 2020 trade deal promises
By David Beasley | Jan 4, 2022
China will fall short of meeting its promise to buy an additional $200 million in U.S. products in 2020 and 2021, the New York Times reported.
Walmart feeling heat in China over compliance with new U.S. law
By David Hutton | Jan 3, 2022
With Congress passing legislation banning virtually all imports from Xinjiang amid human-rights and forced-labor issues, Walmart Inc. has come under fire on Chinese social media for discontinuing sale of items produced in the region, according to published reports.
Francisco Partners 'excited' with acquisition of Office Ally
By Timothy Stuckey | Jan 2, 2022
Office Ally recently announced its acquisition by Francisco Partners, a worldwide investment company specializing in technology business partnerships.
Enfusion partners with Coinbase to establish digital asset connectivity
By Zachary Richter | Dec 30, 2021
Enfusion and Coinbase Global announced Dec. 22 they will partner to ensure secure and seamless cryptocurrency trading on the Coinbase platform for investment managers and financial institutions.
Uber to sell non-strategic stakes in other companies
By Andy Nghiem | Dec 28, 2021
Uber recently announced it plans to sell its non-strategic stakes in other companies.
OPEC raises Q1 2022 oil demand forecast, expects 'mild' impact from omicron variant
By David Beasley | Dec 27, 2021
The alliance of oil exporting countries raised its forecast for global demand in the first quarter of 2022 by 1.1 million barrels a day.
RJS Trading International sold to private investor with advice of Generational Equity
By David Beasley | Dec 27, 2021
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, announced Dec. 10 the sale of its client, RJS Trading International, LTD.
Flora Growth to ‘set new industry standards’ with Toronto-based brand partnership
By Karla Florez | Dec 26, 2021
California-based company Vessel Brand has been selected to help Toronto-based company Flora Growth Corp. to expand its dry herb product offering.
'Ideally positioned': Advent Global Technology II raises $4 billion, a third more than expected
By Bob Martin | Dec 24, 2021
Advent International had a goal of raising $3 billion through a fundraising opportunity called Advent Global Technology II, but the company went above and beyond and beat that total by a full billion dollars, raising $4 billion after six months in the market.
TNS investing in 'fast-developing' Asian markets
By Steven Hughes | Dec 22, 2021
Transaction Network Services (TNS) is investing resources to enhance global connectivity in Asia, as many companies on the continent experience global growth.
Energy producers question Biden administration's suggested changes to oil, gas leasing practices
By Augustus Griffith Jr. | Dec 22, 2021
The Institute for Energy Research (IER) recently responded to the U.S. Department of the Interior's report that recommended "significant reforms" be made to federal oil and gas leasing practices.
Chevron Shipping joins Sea Cargo Charter: 'objective to decarbonize shipping'
By Emily Bevard | Dec 18, 2021
Chevron Shipping Co. is set to join Sea Cargo Charter, practicing responsible shipping reporting to promote decarbonization and green environmental actions.
Study shows CO2 emissions worldwide may have been flat for a decade
By John Suayan | Dec 13, 2021
Data from the Global Carbon Project released last month shows carbon dioxide emissions have risen this year following a COVID-19 pandemic-related drop in 2020.
Gate Energy opens office in Mexico City
By David Beasley | Dec 12, 2021
Gate Energy continues its global expansion with a new establishment in Mexico City.
Omicron variant's effect on oil prices uncertain: 'OPEC+ needs a bit more time'
By David Beasley | Dec 12, 2021
The COVID-19 variant, Omicron, is throwing an uncertain picture on the outlook for oil prices, according to the Associated Press.
Canada, Australia, UK join diplomatic boycott of Winter Olympics in Beijing
By Bob Martin | Dec 9, 2021
Following the lead of the United States, Canada, Australia and the United Kingdom have announced that they will also not be sending officials to the upcoming 2022 Winter Olympics in Beijing due to the poor human rights record of the People's Republic of China.