Tag: offshore

Evaluation-China’s small steps on offshore use of yuan are beginning to add up By Reuters

© Reuters. Chinese language Yuan and U.S. greenback banknotes are seen on this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Tom Westbrook SINGAPORE (Reuters) - forex is slowly however absolutely being adopted...

Coinbase to Probably Launch an Offshore Derivatives Platform

Key Takeaways Coinbase has acquired a regulatory license to function in Bermuda. The corporate reportedly plans on utilizing the license to launch a derivatives platform. CEO Brian Armstrong has indicated that Coinbase could find yourself relocating...

Asia FX Battered by Fed Jitters, Offshore Yuan hits Record Low By Investing.com

© Reuters. By Ambar Warrick  Investing.com-- China’s offshore yuan hit a new low on Thursday, while most other Asian currencies slipped as fears of more hawkish moves by the Federal Reserve spurred an overnight bounce...

Biden issues offshore drilling leases under climate mandate

(Bloomberg) — The Biden administration on Wednesday issued oil and natural gas leases to companies that nabbed the Gulf of Mexico drilling rights in a government auction later invalidated by a federal court. ...

Neptune Energy confirms new oil discovery offshore Norway

Neptune Energy and its partners announced a new commercial oil discovery at the Ofelia exploration well (PL 929), close to the Gjøa field in the Norwegian sector of the North Sea.  Neptune has completed...

South Africa confident TotalEnergies will develop offshore gas discovery

(Bloomberg) — South Africa expects TotalEnergies SE to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the sector. ...

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