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Oil and Gas

Murphy Oil identifies non-commercial hydrocarbons in Ivorian frontier well

Murphy Oil (NYSE:MUR) announced today that its Civette-1X exploration well offshore Côte d’Ivoire reached total depth but failed to meet commercial thresholds, a result that provides a sober look at the frontier basin even as it confirms a working petroleum system.

Read more: Murphy Oil identifies non-commercial hydrocarbons in Ivorian frontier well
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Commodities

What’s behind the panic-buying of gold?

In times of uncertainty, we often look for something solid to hold onto. Lately, it seems the world’s investors have decided that “something solid” is, quite literally, gold. 

The metal’s soaring price is more than just a market trend; it's a global barometer of anxiety. 

When faith in currencies, governments, and traditional financial systems begins to waver, we see a familiar flight to the perceived safety of this timeless asset.

Read more: What’s behind the panic-buying of gold?
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Mining

Barrick taps board member Helen Cai as CFO in major finance shake-up

Barrick Gold (NYSE:GOLD) has appointed Helen Cai as Senior Executive Vice President and Chief Financial Officer, elevating a high-profile board member to the executive suite as the mining giant navigates a period of record gold prices and shifting global alliances.

Read more: Barrick taps board member Helen Cai as CFO in major finance shake-up