Core Insights - Exxon Mobil has awarded a contract to Shearwater Geoservices for the acquisition of 3D seismic images over its large deepwater block offshore Trinidad and Tobago [1] Company Summary - The contract awarded to Shearwater Geoservices indicates Exxon Mobil's ongoing investment in exploration and development activities in the offshore sector [1]

Core Viewpoint - Devon Energy and Coterra Energy are in discussions regarding a potential merger, which could result in the formation of one of the largest independent shale producers in the U.S. [1] Company Summary - Devon Energy and Coterra Energy are both significant players in the U.S. shale industry, and their merger could enhance their market position and operational efficiencies [1]

Group 1 - Rio Tinto will supply copper leached from an Arizona mine to Amazon.com [1] - The copper will be used in Amazon's artificial intelligence data centers [1]

Core Point - UBS is closer to obtaining a national bank charter for its U.S. operations after receiving initial conditional approval [1] Company Summary - UBS has received its first conditional approval for a national bank charter, which is a significant step for its U.S. franchise [1]

Ford and BYD are in talks about batteries for hybrid vehicles as the Detroit automaker deals with waning demand for electric vehicles, the Wall Street Journal reported on Thursday, citing people familiar with the matter. ...

Core Viewpoint - A federal judge has allowed Equinor, a Norwegian offshore wind developer, to continue its work on the New York Empire Wind project, which had been previously halted by the Trump administration [1] Group 1 - The New York Empire Wind project is significant for the development of offshore wind energy in the United States [1] - The ruling by the federal judge marks a pivotal moment for renewable energy projects that faced regulatory challenges during the previous administration [1] - Equinor's project is part of a broader push towards increasing renewable energy sources in the U.S. [1]

Core Insights - Pharmaceutical companies are increasingly adopting artificial intelligence to enhance research and development processes, focusing on new modeling tools and automated laboratories to achieve efficiency improvements across their pipelines [1] Industry Trends - The integration of artificial intelligence in the pharmaceutical sector is seen as a strategic move to unlock potential efficiency gains, indicating a shift towards more technology-driven approaches in drug development [1]

Core Insights - India's Russian oil imports decreased to the lowest level in two years in December due to Western sanctions, prompting refiners to seek alternative sources [1] - OPEC's share of India's oil imports rose to an 11-month high as a result of the shift away from Russian oil [1] Industry Impact - The decline in Russian oil imports indicates a significant shift in India's energy sourcing strategy, influenced by geopolitical factors [1] - The increase in OPEC's share suggests a potential strengthening of OPEC's position in the Indian market, which may lead to changes in pricing and supply dynamics [1]

Core Insights - Verizon Communications is providing a $20 credit to hundreds of thousands of customers affected by a 10-hour outage [1] Group 1 - The outage occurred on Wednesday and was attributed to unspecified causes [1]

A Delaware judge on Thursday rejected Paramount Skydance's bid to expedite its lawsuit demanding more information from Warner Bros Discovery about how that company decided Netflix's proposed $82.7 bil... ...