Core Viewpoint - Oilfield service company SLB is positioned to rapidly increase its operations in Venezuela, contingent upon the establishment of appropriate licensing, safety parameters, and compliance measures [1] Group 1 - SLB can enhance its activities in Venezuela, indicating a potential growth opportunity in the region [1]

India can leverage its growing energy demand to negotiate better oil and gas supply deals, Oil Minister Hardeep Singh Puri said on Friday, as its refiners continue seeking alternatives to Russian oil. ...

Group 1 - Billionaire Gautam Adani's aerospace and defence business is set to announce a partnership with Brazil's Embraer to assemble commercial aircraft in India [1]

China is set to ramp up imports of Russian oil in January, absorbing barrels that would have previously gone to India and Turkey, as tougher Western sanctions force Moscow to redirect flows, LSEG data... ...

Iran's worst unrest in years has prompted sharp U.S. warnings to Tehran against killing protesters or restarting its nuclear program. ...

Core Insights - Bausch Health's treatment aimed at preventing brain dysfunction in liver cirrhosis patients failed to meet the primary endpoint in a late-stage clinical trial [1] Company Summary - Bausch Health announced that its late-stage trial for a treatment targeting brain dysfunction in patients with liver cirrhosis did not achieve its main goal [1]

Core Insights - Novo Nordisk's Wegovy pill recorded 18,410 prescriptions in the U.S. during its first full week post-launch, indicating strong initial demand for the product [1] Company Summary - Wegovy's launch has generated significant interest, as evidenced by the high number of prescriptions filled shortly after its introduction [1]

Core Viewpoint - Oil production at Kazakhstan's Tengiz oil field has not resumed following a shutdown announced by its operator, Chevron, which holds a 50% stake in the project [1] Group 1: Company Impact - Chevron, as the operator of the Tengiz oil field, is directly affected by the production halt, which may impact its revenue and operational plans [1] - The shutdown of the Tengiz oil field could lead to significant financial implications for Chevron, given the field's status as one of the largest oil reserves globally [1] Group 2: Industry Implications - The ongoing production halt at Tengiz may contribute to fluctuations in global oil supply, potentially affecting oil prices [1] - The situation highlights the vulnerabilities in oil production operations, particularly in regions with geopolitical or operational risks [1]

Group 1 - UBS is planning to offer cryptocurrency investment options to select private banking clients [1]

Core Insights - SLB exceeded Wall Street profit estimates for the fourth quarter, driven by consistent demand for its oilfield equipment and services in North America [1] Company Performance - SLB reported a strong performance in the fourth quarter, indicating robust operational efficiency and market positioning [1] Industry Demand - The demand for oilfield equipment and services in North America remains steady, contributing positively to SLB's financial results [1]