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17:16
EU Plans to Diversify Aviation Fuel Due to Iranian War Threats to Supply
These previously unreported and still pending plans will focus more on achieving self-sufficiency and supply resilience through sustainable aviation fuel or synthetic fuels. European airlines have already issued warnings that, due to the impact of the Iran war, there may be aviation fuel shortages within weeks, which could disrupt the peak summer travel season. About 30%-40% of Europe's aviation fuel is dependent on imports, with at least half coming from the Middle East.
17:16
According to the latest weekly data released by Baker Hughes, as of the week ending April 17, the number of oil and gas drilling rigs in major U.S. shale basins showed divergent trends.
The number of active drilling rigs in the Permian Basin remained unchanged from last week, maintaining a stable operational status. The Eagle Ford Shale experienced a reduction of one rig, indicating a slight contraction in activity. Both the Williston Basin and the Niobrara Basin saw no changes in drilling counts. Notably, the Haynesville Shale saw a decrease of one drilling rig this week, while the Utica Basin also maintained the same level of operation as the previous week. Overall, shale oil and gas extraction activities in the United States show signs of regional adjustments, with subtle changes in equipment deployment intensity across major production areas.
17:12
With Nvidia's help, the CEO of a Toronto quantum computing company becomes a billionaire within days
According to regulatory filings and market data compiled by Bloomberg, as the company's valuation more than doubled this week, by midday Friday in New York, the Xanadu shares held by Christian Wedbrooke were worth approximately $1.5 billion.
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