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BP Retreats Further From Green Energy With Archaea Sale
BP Retreats Further From Green Energy With Archaea Sale
Via City A.M.,
BP plans to sell Archaea Energy after the US biogas operation delivered weaker-than-expected returns.
Second-quarter adjusted profit climbed to $5.7 billion as Middle East disruption lifted oil and gas prices.
Meg O’Neill is simplifying BP’s portfolio, reducing debt and concentrating investment on its most profitable assets.
BP has announced that it will offload its US biogas business just days after confirming its exit from the North Sea, as the firm looks to shift its focus back to core oil and gas products.
The...
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Jun 17, 2026 / Tyler Durden
Of The Elite, By The Elite, For The Elite
Of The Elite, By The Elite, For The Elite
Authored by John C. Eastman via The American Mind,
For generations, Democrats have portrayed themselves as the party of ordinary Americans - factory workers, waitresses, truck drivers, police officers, construction workers, and middle-class families trying to get ahead. Yet one of the most striking features of modern American politics is how often Democrat leaders, activists, and media allies seem genuinely baffled by the very people they claim to represent.
The latest example comes from Washington Post columnist Monica Hesse, whose reaction to President...
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May 19, 2026 / Tyler Durden
UBS Reactivates Supply-Chain Stress Watch After Detecting Alarmingly Rapid Deterioration
UBS Reactivates Supply-Chain Stress Watch After Detecting Alarmingly Rapid Deterioration
One week after Maersk CEO Vincent Clerc warned CNBC of a "new wake-up call" for global trade amid the ongoing disruption of the Strait of Hormuz and a deepening energy crisis that could intensify further in June, UBS analysts are out with a new note telling clients they have "reactivated" their Global Supply Chain Stress Index in response to increasingly alarming signals emerging across global logistics networks.
"Supply chain stress is rising at its fastest pace since the early pandemic," UBS...
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Mar 23, 2026 / Tyler Durden
Apollo Private Credit Fund Is Latest To Gate Investors As KKR Fund Gets Junked By Moody's
Apollo Private Credit Fund Is Latest To Gate Investors As KKR Fund Gets Junked By Moody's
Amid the ongoing fracturing of the private credit industry, which after enjoying years of stable, levered growth (and when it ran out of institutional greater fools, it aimed lower, toward HNWs and retail) finally hit a brick wall thanks to the Claude-inspired SaaSpocalypse, which has led to a historic surge in redemption requests across the biggest (and certainly smallest) names in the industry, last week we said that debt funds managed by powerhouse firms including...
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