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BP Cuts up to $17.5 Billion from Assets Value with Bleaker Oil Outlook

2020-06-15 14:48:22| OGI

The move comes as CEO Bernard Looney prepares to outline his strategy in September to reinvent BP including a reduced focus on oil and gas and a larger renewables business.

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Australian State Recommends Approving Controversial $2.5 Billion Santos Gas Project

2020-06-12 15:10:09| OGI

The recommendation, following a three-year review, was handed over June 12 to the states Independent Planning Commission, which now has 12 weeks to determine whether the A$3.6 billion ($2.5 billion) project should go ahead.

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Analysts warn UK ban on Huawei 5G equipment would cost telcos GBP 1.5 billion

2020-06-12 11:22:00| Telecompaper Headlines

(Telecompaper) Industry experts have warned that blocking new Huawei equipment from 5G networks from 2023 is impractical and will cost UK telecoms operators more than GBP 1 billion to remove existing technology, reports The Telegraph.

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TV streaming accounts will surpass 1 billion globally in 2020

2020-06-11 17:00:01| Digital TV News

The number of online TV streaming accounts will reach 1.1 billion in 2020, surpassing traditional pay TV accounts for the first time, marking a watershed moment in the history of TV consumption, according to GlobalData.

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More than $1.4 billion in COVID-19 aid issued

2020-06-10 14:37:00| Beef

USDA's latest update details spending through the Coronavirus Food Assistance Program.

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