Sage Investment Club

Total puts on hold investment in Adani’s $50-b hydrogen project

TotalEnergies has put on hold a planned investment in Adani Group’s $50-billion hydrogen project pending an audit following allegations by a US short-seller, chief executive of the French oil giant Patrick Pouyanne has said.While the partnership, with the French giant to take a 25 per cent stake in the hydrogen venture of the Adani Group, […]

Baker Hughes total rig count falls -12 to 759

The Baker Hughes rig count fell -12 to 759. That was the lowest total rig count since September 2022. Oil rigs fell -10 to 599. NatGas rigs fell -2 to 158. The total fall of -12 was the biggest fall for a week going back to June 2020. The price of crude oil is continuing […]

SNB total sight deposits w.e. 13 January CHF 536.2 bn vs CHF 533.5 bn prior

Domestic sight deposits CHF 511.5 bn vs CHF 487.3 bn prior A slight rise in overall sight deposits in the past week, sort of bucking the trend a little as the SNB is still smoothing things out while surreptitiously making tweaks to maintain policy effectiveness. ADVERTISEMENT – CONTINUE READING BELOW Source link