Today: 20 May 2026
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NYSE:KBR 22 June 2025 - 6 March 2026

Shell Plc Signs Venezuela Oil and Gas Deals, Putting Dragon Gas Project Back in Play

Shell Plc Signs Venezuela Oil and Gas Deals, Putting Dragon Gas Project Back in Play

Shell signed oil and gas agreements with Venezuela to develop the offshore Dragon field, aiming for first gas exports to Trinidad by Q3 2027, according to Trinidad's Energy Minister. The deal follows new U.S. licenses easing sanctions and includes technical partnerships with VEPICA, KBR, and Baker Hughes. Dragon holds about 4.5 trillion cubic feet of gas. Atlantic LNG in Trinidad shipped 9 million metric tons in 2025, below its 12 million capacity.
KBR Stock Today (Dec. 19, 2025): Truist Cuts Price Target After Lake Charles LNG Halt, While Navy Contract Wins and 2026 Spin-Off Plans Stay in Focus (NYSE: KBR)

KBR Stock Today (Dec. 19, 2025): Truist Cuts Price Target After Lake Charles LNG Halt, While Navy Contract Wins and 2026 Spin-Off Plans Stay in Focus (NYSE: KBR)

KBR shares fell 4.46% to $40.89 by 18:20 UTC Friday after Truist Securities cut its price target to $50, citing Energy Transfer’s suspension of the Lake Charles LNG project. The move follows concerns over rising costs and global LNG oversupply. KBR recently announced new contracts, including a seat on a U.S. Navy IDIQ contract worth up to $20 billion.
Historic Vulcan Launch, Artemis Moon Hardware & Perseid Meteor Spectacle – Space News Roundup (Aug 11–12, 2025)

Historic Vulcan Launch, Artemis Moon Hardware & Perseid Meteor Spectacle – Space News Roundup (Aug 11–12, 2025)

NASA completed the Orion Stage Adapter for Artemis II at Marshall and will ship it to Kennedy ahead of the planned 2026 crewed lunar mission. NASA ended the Lunar Trailblazer mission after the orbiter failed to reach the Moon. SpaceX marked its 100th launch of 2025 on August 11, sending 24 Kuiper satellites and more Starlinks to orbit. Blue Origin resumed suborbital passenger flights on August 3 from Texas.
12 August 2025
Satellite Financing, M&A, and IPO Tracker 2024–2029

Satellite Financing, M&A, and IPO Tracker 2024–2029

Global space startup funding rebounded to $8.6–$9.5 billion in 2024, with $6 billion raised by Q3, nearly matching 2023’s total. Seventy-three space-related acquisitions were announced, up 39% from 2023, including SES’s $3.1 billion deal for Intelsat and Apple’s $1.5 billion investment in Globalstar. Lockheed Martin, KBR, and Rocket Lab also announced major acquisitions.

Stock Market Today

  • US Stock Market Edges Higher as S&P 500 Nears Record High on Easing Treasury Yields
    May 20, 2026, 10:20 AM EDT. US stocks gained on Wednesday with the S&P 500 rising 0.3% toward its record high, helped by easing Treasury yields and stronger corporate earnings. The 10-year Treasury yield slipped to 4.64% from 4.66%, providing relief amid borrowing cost concerns. Energy prices declined, with US crude dropping $2.65 to $101.50 a barrel, easing inflation and growth worries, though gasoline prices rose to $4.56 a gallon. Retailers TJX and Target posted better-than-expected earnings, boosting shares 5.4% and 2% respectively. Investors watched Nvidia's earnings report closely ahead of market close. European markets advanced, while Asian stocks fell, reflecting regional divergences amid ongoing geopolitical and economic pressures.

Latest articles

POET Technologies Stock Pops After $400 Million AI Photonics Raise — But Dilution Risk Isn’t Gone

POET Technologies Stock Pops After $400 Million AI Photonics Raise — But Dilution Risk Isn’t Gone

20 May 2026
POET Technologies shares rose 11% to $14.55 in early Nasdaq trading Wednesday after closing a US$400 million direct offering of 19 million shares and warrants. The rebound followed an 8% drop Tuesday on dilution concerns. The company reported Q1 revenue of $503,389 and a net loss of $12.3 million. A recent $50 million order from Lumilens could scale to $500 million over five years if production ramps up.
Nokia’s U.S. Broadband Order Arrives While AI-Driven Gains Test Supply Chain

Nokia’s U.S. Broadband Order Arrives While AI-Driven Gains Test Supply Chain

20 May 2026
Nokia shares rose 3.37% in Helsinki trading Wednesday after the FCC conditionally approved its Beacons and ONT devices, exempting them from U.S. Covered List restrictions. Nokia also transferred 975,289 treasury shares to equity plan participants. Dell’Oro Group forecasts the optical transport equipment market will grow 16% in 2026, driven by AI data centers.
Apellis Shares Disappear After Biogen’s $5.6 Billion Buy—One Play Left

Apellis Shares Disappear After Biogen’s $5.6 Billion Buy—One Play Left

20 May 2026
Biogen completed its acquisition of Apellis Pharmaceuticals, removing APLS shares from Nasdaq and paying investors $41 per share plus a contingent value right tied to Syfovre sales. Apellis shareholders tendered 82.4% of outstanding stock before the offer expired May 13. Biogen shares rose 0.9% to $192.34 Wednesday. The CVR could pay up to $4 if Syfovre meets future sales targets.
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