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UK to announce sale of Bradford & Bingley assets next week: Sky News
March 13, 2016 by creative · Leave a Comment
Britain's finance minister George Osborne will announce next week plans to sell 16 billion pounds ($23 billion) worth of bank assets which were rescued from Bradford & Bingley (B&B) during the financial crisis, Sky News said on Saturday. Sky said Osborne will announce the sale during his budget statement on Wednesday but the timing of the sale by auction was unclear with the broadcaster citing sources who said the process may not conclude for many months.
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UK to announce sale of Bradford & Bingley assets next week: Sky News
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Turning to frack tech, stricken U.S. oil drillers test new limits
March 13, 2016 by elegant · Leave a Comment
Top U.S. shale producers are pushing fracking technology to new extremes to get more oil out of their wells, as they weather lower-for-longer oil prices. While the impact of the techniques may be scarcely noticeable on current U.S. output with so few wells in operation, it could mean drillers are able to accelerate production more fiercely than ever once prices recover. The hunt for the…
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Turning to frack tech, stricken U.S. oil drillers test new limits