Exclusive: Shell’s energy transition sparked talks to sell Norway business

Shell and Harbor Energy held talks late last year The talks included Norway, Italy and some British assets Shell focuses on low-carbon renewables LONDON, Jan 10 (Reuters) – Shell (SHEL.L) held talks with Harbor Energy (HBR.L) to sell its Norwegian oil and gas fields last year but could not reach a deal in due to … Read more

Exclusive: ChatGPT owner OpenAI predicts $1 billion in revenue by 2024

Dec 15 (Reuters) – ChatGPT, the new talk-about chatbot in Silicon Valley, can spit haikus, crack jokes in Italian and could soon be the bane of teachers around the world facing fake essays generated by the AI-powered technology. But one question he can’t fully answer is: how will OpenAI make money? The research body, co-founded … Read more

Qatar strikes 27-year LNG deal with China as competition intensifies

Talks with other Chinese and European buyers underway -Kaabi Says buyers can take up to 5% stake in expansion Agreement indicates importance of long-term secure supply DOHA, Nov 21 (Reuters) – QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas in the longest LNG deal to date as volatility drives … Read more

Britain’s Labor Party strives to become ‘the business party’

Companies increasingly attracted by Labor Donations increase, electoral chances improve Conservatives hope to win back business LONDON, Dec 16 (Reuters) – After decades of funding Britain’s ruling Conservatives, businessman Gareth Quarry has switched allegiance and started donating to the opposition Labor Party, convinced that it offers more certainty and stability. The 63-year-old entrepreneur ditched the … Read more

Yellen to tout Biden’s tech investments in Virginia business incubator

WASHINGTON, Oct 19 (Reuters) – U.S. Treasury Secretary Janet Yellen is expected to resume her campaign to promote President Joe Biden’s economic initiatives on Friday, visiting a Virginia business incubator to tout U.S. investments in research, semiconductors, clean energy and other technologies. Treasury said Yellen would deliver a speech and meet with entrepreneurs from the … Read more