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Friday, May 3, 2024

Energy

Oil Prices Rise as Supply Concerns Linger

Oil prices rose on Monday as concerns about supply disruptions lingered. Brent crude oil was up 1.2% to $113.09 a barrel, and U.S. West Texas Intermediate crude oil was up 1.1% to $107.57 a barrel. The rise in oil prices...

FosRich had another great quarter beating analysts estimates

FosRich has broken the J$1 billion revenue mark in the quarter ended March 2023. This is a significant achievement for the company as this is the first time the company has been able to do that. Revenue for the...

FESCO acquires Wilson Beck LPG Limited

Future Energy Source Company Limited (FESCO) has acquired a liquified petroleum gas business, Wilson Beck LPG Limited. This deal comes against the backdrop of strong numbers posted by the gas station company for the quarter that ended December 2022...

Tesla earnings report shows that it missed analysts’ expectations

Tesla reported revenue of $21.45 billion in the third quarter, it was a great period for the company but it missed analysts’ expectations. Shares fell 3.5% in the after-hours of the release. Tesla's overall gain for the third quarter was $3.3...

Wigton is looking to expand into other alternative energy opportunities as profits dwindle

Wigton Windfarm Limited (WIG) is undergoing immense changes within the company as it looks to expand into other markets that might prove to be lucrative for the company. Wigton Windfarm Limited started as a company that focuses primarily on wind...
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Latest News

Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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