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13.03.26 - 08:18
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More airlines hike flight prices as Iran war continues to disrupt oil supply (The Guardian)
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Cathay Pacific, AirAsia and Thai Airways join Qantas in increasing prices, as travellers flock to airlines that don't have Middle East stopoversCathay Pacific, AirAsia and Thai Airways are among a growing number of airlines hiking air fares as conflict in the Middle East boosts oil prices and sends travellers flocking to alternative stopover destinations in Asia.The US and Israel's war on Iran has sent the price of oil soaring while restricting access to refineries, with experts predicting air fares could be elevated for months even if the conflict ends. Continue reading......
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25.02.26 - 22:21
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Seadrill Announces Fourth Quarter and Full Year 2025 Results (Business Wire)
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HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Limited (“Seadrill” or the “Company”) (NYSE: SDRL) today announced its fourth quarter and full year 2025 results.
Quarterly Highlights
Secured contract awards across seven rigs, adding $0.5 billion to Contract Backlog(1).
West Capella received an award with PTTEP in Malaysia, adding over 14 months in firm term and enhancing earnings and Free Cash Flow(2) potential for 2026 and 2027.
Reported full year 2025 net loss of $77 million and Adjusted EBITDA(3) of $353 million.
Provides full year 2026 guidance ranges as follows: Total operating revenues of $1.40 billion to $1.45 billion, excluding $50 million of reimbursable revenues, Adjusted EBITDA(4) of $350 million to $400 million and Capital Expenditure and Long-Term Maintenance of $200 million to $240 million.
Financial Highlights
Figures in USD million, unless otherwise indicated
Three months ended
December 31, 2025
Three months ended
September 30, 2025
Total operating revenues
362
363
Contract reve...
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30.01.26 - 14:39
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BKV Corporation Successfully Closes Acquisition of Control Position in BKV-BPP Power Joint Venture (Business Wire)
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Strategic acquisition increases BKV Corp. Power Joint Venture ownership stake to 75% and positions Power Joint Venture for power sector expansionDENVER--(BUSINESS WIRE)--BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today announced the successful completion of its acquisition of one-half of Banpu Power US Corporation's (“BPPUS”) interest in BKV-BPP Power, LLC (“BKV-BPP Power” or the “Power JV”) for approximately $115.1 million in cash and 5,315,390 shares of newly issued BKV common stock, increasing BKV's ownership stake of the Power JV to 75% from 50%. The increased ownership stake by BKV in the Power JV reflects a streamlined structure and enhanced strategic focus of BKV's power operations.
The transaction, originally announced on October 29, 2025, marks a significant milestone in advancing BKV's closed loop energy strategy by providing the Company with majority ownership and control of the Power JV. The Power JV encompasses the Temple I and II plants strategically positio...
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