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Daily Oil & Gas and Wall Street Journal News
9/22/20
The 50-50 joint venture of Strike Energy Ltd. and Warrego Energy Ltd. in onshore North Perth basin permit EP469 began the first of three new appraisal wells on West Erregulla gas field.
Wellesley Petroleum AS drilled a dry hole in North Sea production license 829, about 75 km north of Gjøa field and 60 km northwest of Florø in 211 m of water.
BW Energy provided an alternative development plan for Hibiscus-Ruche, in the Dussafu Marin permit and associated Ruche Exclusive Exploitation Area offshore Gabon.
Theia Energy has entered a land use agreement with the Karajarri Traditional Lands Association enabling the company to move forward with its unconventional oil and gas exploration plans in the onshore Canning basin permit EP 493.
Wall Street Journal
Commercial News
9/22/20
WSJ.com: US Business
Activist Trian Fund Management Takes Stake in Comcast Trian Fund Management has taken a stake in Comcast in a bet that the cable giant?s shares are undervalued. Comcast is one of the biggest companies ever targeted by an activist.
Chinese Leaders Split Over Releasing Blacklist of U.S. Companies Beijing has sped up development of a list that could be used to punish American technology firms, but some Chinese officials are mindful of moving too aggressively and say a decision should wait until after the U.S. election.
TikTok's Zero Hour: Haggling With Trump, Doubts in China and a Deal in Limbo After months of maneuvering over the future of TikTok, it took last-minute phone calls to persuade President Trump to sign off in principle on the outlines of an agreement to keep the app operating in the U.S. Even that outcome?an M&A deal like no other?remains uncertain.
Powell Says Swift Government Action Averted Deeper Economic Downturn Federal Reserve Chairman Jerome Powell said the economic response to the coronavirus alleviated the fallout from the pandemic-induced recession but suggested Congress would likely need to spend more money to shore up parts of the economy.
