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Woodside Energy: $1.2 Billion Tellurian Deal

Woodside Energy Group Ltd is an Australian petroleum exploration and production company founded in 1954 and headquartered in Perth, Western Australia. It is the largest independent dedicated oil and gas company in the country. According to reports, Woodside Energy has announced the acquisition of Tellurian Inc. for $900 million USD in cash, alongside its net…

Albania: 50 Story Bond Tower

Albania, officially called the Republic of Albania, is a country in Southeast Europe located in the Balkans. It has a population of over 2 million residents as of 2023. Its capital and largest city is Tirana. It is bordered by Montenegro, Kosovo, Macedonia, and Greece. According to reports, the iconic double skyscraper known as the…

Amplats Cut 3,700 Jobs

Amplats, formally known as Anglo American Platinum, is the world’s largest primary producer of platinum, accounting for about 38% of the world’s annual supply. It was founded in 1995 and is headquartered in South Africa. According to reports, Amplats has laid off 3,700 employees as part of a restructuring initiative aimed at cutting costs due…

Global IT Outage Disrupts Millions

An IT outage refers to a situation where computer systems, networks, or IT services are unavailable or disrupted due to a number of reasons, from technical failures, cyber attacks, hardware or software failures or other security-related issues. According to reports, computer systems around the world experienced an outage as a result of a faulty CrowdStrike…

Dubai: Ciel Tower World’s Tallest Hotel

Dubai, the city known for its stunning architecture, is set to add yet another world-class building to its luxurious development. The Ciel Dubai Marina, also called the Ciel Tower, is set to be the world’s tallest hotel and is due for completion by the end of 2024. According to reports, the Ciel tower, which means…

Hyundai Recalls 66,996 Vehicles

Hyundai has issued a recall of 66,996 vehicles due to two significant issues. According to the notice from the National Highway Traffic Safety Administration (NHTSA), about 54,647 vehicles are being recalled over a loss of drive power from a fuel pump failure that could increase the risk of a crash. Additionally, about 12,349 Santa Fe…

Paraguay: $240 Million Cocaine Seized

Paraguay, officially the Republic of Paraguay, is a small landlocked country in South America with over 6 million residents as of 2024. It is bordered by Brazil, Bolivia, and Argentina. According to reports, the anti-drug agency in Paraguay seized over 4 tons of cocaine valued at around $240 million USD inside a shipment of sugar…

Nigeria: TotalEnergies Sells Onshore Division

TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and headquartered in Courbevoie, France. It is one of the seven supermajor oil companies that specialize in oil and gas, crude oil, and natural gas exploration, production, power generation, transportation, refining, etc. According to reports, TotalEnergies has announced plans to sell…

BMW Recalls 1,145 Vehicles

BMW has issued a recall of 1,145 vehicles in the United States due to faulty airbag inflators. According to the notice from the National Highway Traffic Safety Administration (NHTSA), as a result of a manufacturing defect, the airbags may explode during deployment and potentially result in sharp metal fragments striking the driver or other occupants….